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Willis Towers Watson Actuarial Analyst Interview Questions, Process, and Tips

Updated 17 May 2024

Top Willis Towers Watson Actuarial Analyst Interview Questions and Answers

View all 8 questions

Willis Towers Watson Actuarial Analyst Interview Experiences

8 interviews found

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-

I applied via Campus Placement

Round 1 - Aptitude Test 

Basic maths questions

Round 2 - Group Discussion 

They provide one topic on the spot and you have to discuss with other candidates

Round 3 - Technical 

(3 Questions)

  • Q1. How would you use mortality table
  • Ans. 

    Mortality tables are used by actuaries to predict the likelihood of death at different ages.

    • Mortality tables provide data on the probability of death at different ages, which is crucial for calculating life insurance premiums and pension plans.

    • Actuaries use mortality tables to estimate life expectancies and determine appropriate reserves for insurance companies.

    • These tables are also used to analyze trends in mortality ...

  • Answered by AI
  • Q2. How can triangles be used for calculating reserves
  • Ans. 

    Triangles can be used in actuarial analysis to calculate reserves by grouping data into different time periods.

    • Triangles help in analyzing the development of claims over time

    • They are typically used for calculating reserves in insurance companies

    • The data is grouped into different triangles based on the time period, such as accident year and development year

  • Answered by AI
  • Q3. Some general puzzles

Interview Preparation Tips

Interview preparation tips for other job seekers - Go through JD, see puzzles online, be proactive in GD and have your basic actuarial knowledge right
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - One-on-one 

(3 Questions)

  • Q1. Can you explain the 95th percentile?
  • Ans. 

    The 95th percentile is a statistical measure that represents the value below which a certain percentage of observations fall.

    • The 95th percentile is the value below which 95% of the data falls.

    • It is commonly used in finance, healthcare, and other fields to analyze data distribution.

    • For example, if a test score is at the 95th percentile, it means that 95% of test takers scored below that score.

  • Answered by AI
  • Q2. What are economies of scale?
  • Ans. 

    Economies of scale refer to the cost advantages that a business can achieve due to an increase in production or scale of operation.

    • Economies of scale result in lower average costs as production increases.

    • Examples include bulk purchasing discounts, specialization of labor, and increased efficiency in production processes.

    • Businesses can benefit from economies of scale by spreading fixed costs over a larger quantity of go

  • Answered by AI
  • Q3. What is a random variable?
  • Ans. 

    A random variable is a variable whose possible values are outcomes of a random phenomenon.

    • Random variables can be discrete or continuous.

    • Discrete random variables have a finite or countably infinite number of possible values.

    • Continuous random variables can take any value within a range.

    • Examples include the number of heads in multiple coin flips (discrete) and the height of a person (continuous).

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Willis Towers Watson Actuarial Analyst interview:
  • technical questions

Actuarial Analyst Interview Questions Asked at Other Companies

asked in Aon
Q1. What are the various types of life assurance policies?
Q2. Tell me more about actuarial knowledge/ papers you have
Q3. can you explain the 95th percentile?
Q4. What is our timeline to clear all the exams
Q5. How can triangles be used for calculating reserves
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
No response

I applied via Company Website and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. Can you explain economies of scale?
  • Ans. 

    Economies of scale refer to the cost advantages that a business can achieve due to an increase in production or scale of operation.

    • Economies of scale occur when the average cost per unit decreases as the volume of production increases.

    • This can be achieved through factors such as bulk purchasing, specialization of labor, and increased efficiency in production processes.

    • Examples include a factory being able to produce mo...

  • Answered by AI
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Panel interview 

(1 Question)

  • Q1. Describe a time you had to communicate with someone who you didn't agree with

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare behavioral questions

Willis Towers Watson interview questions for designations

 Actuarial Trainee

 (1)

 KYC Analyst

 (1)

 Claims Analyst

 (1)

 Analyst

 (2)

 Senior Financial Advisor

 (1)

 Senior Analyst

 (3)

 Data Analyst

 (2)

 Financial Analyst

 (1)

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Mar 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all Resume tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself basic questions as per your resume
  • Q2. The interviewer was a bic

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident

Get interview-ready with Top Willis Towers Watson Interview Questions

I applied via Campus Placement and was interviewed in Oct 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - HireVue 

(2 Questions)

  • Q1. Generic Hire Vue questions such as Tell me about yourself, about a time you had a conflict of interest and how did you solve them etc
  • Q2. Search Hire Vue questions on YT and prepare for them. Pretty easy tbh. There were 6 questions
Round 3 - Aptitude Test 

I had applied for Willis Towers Watson through Delhi University. We received the results for Hire Vue test after 1.5 months and were invited to their Gurgaon office 20 days later for aptitude test.
There were 10 questions in the aptitude test.
1. Train, Runner, Speed Time Distance
2. Accounting Ratios
3. Probability
4. Clocks
5. Buy back of shares
Don't remember the rest

Interview Preparation Tips

Topics to prepare for Willis Towers Watson Actuarial Analyst interview:
  • probability
  • clocks
  • speed time and distance
Interview preparation tips for other job seekers - No tips tbh. They had different papers for different candidates.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
6-8 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Oct 2022. There were 5 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all Resume tips
Round 2 - Aptitude Test 

Keep your concepts clear

Round 3 - Group Discussion 

Participate as much as you can

Round 4 - Technical 

(1 Question)

  • Q1. Explain central limit theorem
  • Ans. 

    Central Limit Theorem states that the sampling distribution of the sample mean approaches a normal distribution as the sample size increases.

    • Central Limit Theorem is a fundamental concept in statistics that states that the sampling distribution of the sample mean will be approximately normally distributed, regardless of the shape of the population distribution.

    • It is important because it allows us to make inferences abo...

  • Answered by AI
Round 5 - Behavioral 

(1 Question)

  • Q1. Why actuarial science?
  • Ans. 

    I chose actuarial science for its unique blend of mathematics, statistics, and business applications.

    • I have always had a strong interest in mathematics and statistics.

    • I enjoy applying quantitative skills to real-world problems.

    • Actuarial science offers a challenging and rewarding career path with opportunities for growth and advancement.

    • I appreciate the blend of analytical and business skills required in the field.

    • I am ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare well

I applied via LinkedIn and was interviewed before Jun 2020. There were 2 interview rounds.

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be thorough about the concepts studied in the actuarial exams.

Interview questions from similar companies

Interview Preparation Tips

Round: Interview
Experience: Quizzed on opinions of the Construction Industry.

General Tips: 1. Be prepared on the courses and project works that you mention in your resume2. Read newspapers, blogs about the construction industry and keep yourself updated
Skill Tips: """"
Skills: Infrastructure Planning, Infrastructure Management, Construction Management, Project Management
College Name: VIT Chennai

Interview Preparation Tips

Round: Test
Experience: Deloitte selection procedure involves a written test which is
same as CAT format (certainly not that tough). Though I had not joined any test series to prepare for it, but I must strongly recommend that you should actually join a test series (provided by Career Launcher or
TIME). This test series will actually help you to synchronize your mind to the format and moreover it would help to refresh the question solving skills which you used to exercise while preparing for JEE.

Round: Group Discussion
Experience: general topic is given (mostly it is as to how you would go for implementing a new type of technology in a company, and hence you all have to decide the stepwise procedure for the implementation), then whole of the group is called in presentation room where each one is told personally to speak about the same topic as that of GD. This constitutes
second round. Finally, if you clear it, you get to face the interviews.
Tips: From now onwards, start reading newspaper daily. Just give at least one hour reading the editorials from newspaper and make it your habit. Not only for GD's, but for life in general, its very important that you should have a certain view about things happening around you and in the world and newspapers are the best thing which help you form your views and also know about the expert opinions on day to day topics. So, make sure that you read newspaper daily.

Round: Other Interview
Experience: For interview, main thing is that you should be well conversed about everything you have mentioned on your resume. So, before you go for any interview, just make sure that you can speak about for 5 minutes on
every single thing in resume. Deloitte is a company which is open for all the btech students and hence its mainly looking for the students who have a right attitude and are good at their interests.
Tips: have a perfect set of communication skills. I had not done
any special type of preparations for the interview or group discussions but all these skills actually developed during these years. I would advise that in order to gain more confidence at speaking, you should start taking challenges from now on and should actively participate in any sort of debates and GD.

College Name: IIT Roorkee
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Willis Towers Watson Interview FAQs

How many rounds are there in Willis Towers Watson Actuarial Analyst interview?
Willis Towers Watson interview process usually has 2-3 rounds. The most common rounds in the Willis Towers Watson interview process are Resume Shortlist, Aptitude Test and Technical.
How to prepare for Willis Towers Watson Actuarial Analyst interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Willis Towers Watson. The most common topics and skills that interviewers at Willis Towers Watson expect are Actuarial, Accounting, Consulting, Corporate and Mentoring.
What are the top questions asked in Willis Towers Watson Actuarial Analyst interview?

Some of the top questions asked at the Willis Towers Watson Actuarial Analyst interview -

  1. can you explain the 95th percenti...read more
  2. How can triangles be used for calculating reser...read more
  3. can you explain economies of sca...read more

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Willis Towers Watson Actuarial Analyst Interview Process

based on 6 interviews

1 Interview rounds

  • Resume Shortlist Round
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Willis Towers Watson Actuarial Analyst Salary
based on 95 salaries
₹3.8 L/yr - ₹11 L/yr
6% less than the average Actuarial Analyst Salary in India
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Willis Towers Watson Actuarial Analyst Reviews and Ratings

based on 11 reviews

3.1/5

Rating in categories

3.5

Skill development

3.7

Work-life balance

3.4

Salary

4.2

Job security

4.0

Company culture

2.6

Promotions

2.9

Work satisfaction

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