Pension Examiner

  Home  Analysis  Pension Examiner


“Pension Examiner Frequently Asked Questions in various Pension Examiner job interviews by interviewer. The set of questions are here to ensures that you offer a perfect answer posed to you. So get preparation for your new job interview”



33 Pension Examiner Questions And Answers

21⟩ Tell me what is the role of actuary analysts in investment?

The main role of actuary analysts is to save companies money and time, by identifying the possible risk in investment. Apart from that they have to

☛ Identify an area of investment having a minimum risk factors

☛ Avoid the situation where the quantifiable risk is relatively low in terms of the potential gains

☛ To provide actual quantifiable estimates by creating complex financial models

☛ Providing rating or ranking of different investment opportunities based on the risks to the possible returns

 132 views

23⟩ Explain me how do you handle high-pressure situations at work?

One high-pressure situation we were in recently is that a business contacted us interested in setting up a policy for all their employees, totaling over 150 individuals. It was a huge potential case that would have brought in a lot of money for our organization. My boss encouraged everyone to dedicate a majority of their resources to landing this client. It required some late nights and working on the weekend to get everything together, but I managed to get through by talking everything out with my colleagues. Everyone else was going through the same thing, so it was easy to talk with my peers so that we could discuss trepidation or worries. It was really helpful to have people who understood precisely what I was going through, and we ended up landing the client in the end.

 137 views

24⟩ Tell us the role of Actuary in consulting firm?

The role of the actuary in consulting firm varies, it may include

☛ Give investment advice

☛ Evaluating a company’s insurance program cost for the employees

☛ Can work for a labor union to evaluate and estimate what the new health plan provided would cost

☛ Giving evidence on how automobile insurance rates should be determined

☛ Testify in court about the loss of potential lifetime earnings by a person who has been disabled or killed in an accident

☛ Determining the future pension benefits based on the current value in divorce cases.

 122 views

25⟩ Tell me what does a pension actuary do?

The job of pension’s actuary is to help pension’s providers to set the pension rates and craft retirement policies that minimize risk. They apply their skills to the creation and maintenance of sustainable retirement plans. Majority of the pension actuaries work in a pensions actuarial firms while others work in government bodies.

 138 views

26⟩ Can you tell me where do you see yourself in five years time?

At the moment in five years time I can see myself progressing along my chosen path and currently I would like to progress into a managerial role. But, if in two to three year's time a better, more suitable opportunity shows itself, then I would give it my consideration. Actually I would like to have won the pools and be sitting on a boat drinking wine in the Med. (Humour can sometimes help.)

 132 views

30⟩ Tell us are you able to handle criticism?

I have been working in the insurance industry for some time, so I have become accustomed to handling criticism. I have one coworker in particular who has a real knack for pointing out minor mistakes, and I have learned to take it in stride and implement suggestions rather than fighting someone about it.

 130 views

31⟩ What is actuarial report?

An actuarial report includes the future and current conditions of the fund, like in case of pension or insurance policy, it helps to decide whether it meets the need of people depending on it. For government organization, this actuarial report is available on public request, while, for privately managed fund, it might not be accessible to the public.

 133 views