New York Life Actuarial Analyst Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 79 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at New York Life.
New York Life
Actuarial Analyst
Entry Difficult Neutral experience No offer 2 rounds
Interview process
Recruiter call Technical screen
Interview formats
Behavioral Technical
First, we did intros. Then, the interviewer asked me some questions about insurance concepts and a lot about my resume, like why and how I completed specific projects.
Confirmed questions3 questions
- What's your understanding of an actuary?
- Can you explain how you approached your resume projects and the reasoning behind them?
- What are some key insurance concepts you're familiar with?
New York Life
Actuarial Intern
Intern Difficult Neutral experience No offer 1 round
Interview process
Recruiter call Onsite Background check Offer
Interview formats
Behavioral Technical
The whole process from application to rejection took about 3 weeks. The interview itself was quite long, about 2.5 hours, and I met with 6 people from different teams. They mentioned I should brush up on basic insurance concepts since they'd be asking about those.
Confirmed questions3 questions
- What motivates you to want to work at NYL?
- Can you tell me a little about yourself?
- Can you explain some basic insurance concepts?
New York Life
Actuarial Intern
Intern Average Positive experience Accept offer 2 rounds
Interview process
Recruiter call Phone screen Onsite
Interview formats
Behavioral Technical
I applied online, and about a month later, I had my first round phone interview with someone from the student program. Then, within two weeks, I had the second round, which was an on-site interview with 7 people in total (5 interviewers and 2 students for lunch). Most of the questions were behavioral, but one was very technical, so be ready for that. You'll also meet the people who organize the Spring Internship program; I had lunch with one of them. Overall, it was pretty relaxed, but you really need to be super clear about your past experiences because they'll ask you all about them. Prepare for all sorts of questions.
Confirmed questions6 questions
- Regarding a past project, what assumptions did you make, and what steps did you take to verify their credibility?
- Can you tell me about pursuing your master's degree and your experience with it?
- What is your approach to preparing for actuarial exams, and how much time do you typically spend to pass one?
New York Life Actuarial Analyst Interview Questions
Quoted word for word from New York Life interview reports.
“What is the distinction between a Universal Life product and a Whole Life product?”
Read reports →“In terms of present value, how does the shape of a reserve differ between a whole life product and a term life product?”
Read reports →“How does an insurance company handle the risk involved in selling financial products like insurance, for instance, on a stock?”
Read reports →“Imagine a pandemic happens and a lot of people die nationwide. How do you think this would affect our company's sales and profit?”
Read reports →“Could you explain life insurance to a layperson and explain why they should consider buying it?”
Read report →“Can you tell me about your knowledge of New York Life and what a mutual company is?”
Read report →“Could you identify and explain three distinct types of events that might significantly impact the company's profitability?”
Read report →“Could you address a couple of analytical questions related to cash flow analysis and premium pricing?”
Read report →“Could you share about a recent book you've read and its impact on your perspective?”
Read report →Formats, difficulty and experience
Across all 79 New York Life interview reports.