Big group meeting where they gave an overview of Jane Street and the internship program and then split us into smaller groups for individual interviews. HR plus the manager had behavioral questions. They also made us do this Thomas International psychometric test, like 20 minutes of pattern matching and personality stuff
Questions Asked
1.“What is Brownian motion and what are its key properties”
2.“Explain what gamma is in options pricing. What does a large gamma position mean?”
CPP Investments
Risk Analyst
Toronto, ON
Winter 2026Accepted
University of Waterloo · Mathematics
4th year · 3.3-3.6 GPA · 4+ past internships
Hard Interview
TechnicalBehavioralMultiple roundsSlow process
They hit me with a scenario about correlation risk during a stress event. First round was behavioral and resumme focused. Second was with a senior risk person who covered market risk
Questions Asked
1.“What do you know about CPP Investments that made you apply?”
2.“How would you think about inflation risk in a long-duration portfolio?”
RBC
Data Analyst
Winnipeg, MB
Summer 2025No Offer
University of Manitoba · Mathematics
3rd year · 1 past internship
Easy Interview
TechnicalBehavioralVirtual
Supervisor covered my projects and SQL experience on the phone then managers asked OOP questions and about Java which I know well. And wanted to know about teamwork behavioral stuff, relaxed
Questions Asked
1.“What is a cohort analysis and when would you apply it?”
2.“What's the difference between a primary key and a surrogate key”
Optiver
Quantitative Trading
Chicago, IL
Summer 2026No Offer
University of Waterloo · Mathematics
3rd year · 1 past internship
Hard Interview
TechnicalStressful
80 arithmetic questions in 8 minutes, practiced TraderMath for a week and got like 65 right which pretty sure ended it
Questions Asked
1.“Tell me about a time you had to explain a mathematical concept to someone without a quant background”
Co-operators
Actuarial Analyst
Guelph, ON
Summer 2025No Offer
University of Guelph · Mathematics
2nd year · 3.3-3.6 GPA · 0 past internships
Easy Interview
BehavioralMultiple roundsVirtual
They seemed to want someone further along in exams than I was. Virtual interview with an analyst and a manager. Covered exam progress, basic probability and what I knew about P&C pricing
Questions Asked
1.“What is adverse selection and how do insurers address it?”
2.“Explain the concept of a loss ratio in insurance”
Jane Street
Quantitative Trader
New York, NY
Winter 2024No Offer
MIT · Mathematics
Alumni · 3.7+ GPA · 4+ past internships
Hard Interview
TechnicalMultiple roundsStressful
Froze on a market making problem and got ghosted after. Three phone rounds, probability and Bayesian stuff
Questions Asked
1.“You flip a coin twice. You win if both are the same. What's the probability you win?”
2.“Tell me about a market or strategy you've studied or thought deeply about”
Sun Life Financial
Data Analyst
Toronto, ON
Winter 2026Accepted
University of Waterloo · Mathematics
Alumni · 3.3-3.6 GPA · 2 past internships
Easy Interview
ConversationalVirtual
Easiest interview I've done at a bank, pre-recorded video and then a teams call where the manager just chatted with me about my resume for 30 min
Questions Asked
1.“Explain the difference between p-value and confidence intervals in plain language”
2.“Write a SQL query to find all users active in both January and February”
Tokio Marine
Actuarial Analyst
Toronto, ON
Summer 2025No Offer
University of Calgary · Mathematics
1st year · 2.1-2.4 GPA · 0 past internships
Easy Interview
BehavioralVirtual
Review resume and basic insurance knowledge, nothing hard. Process was quick
Questions Asked
1.“What's the difference between life and P&C actuarial work?”