Sweating about an interview coming up where you’re going to be applying as a reinsurance analyst? Don’t sweat it! On this page, we’ve listed some of the most common reinsurance analyst interview questions along with sample answers. Check em out below and thank us later!
What experience do you have (if any) as a reinsurance analyst?
This one’s pretty simple – discuss your experience as it relates to the job you’re applying for. What happens if you don’t have any experience? By thinking about the question ahead of time, you can have a reply at your fingertips. In doing this, you can actually turn your lack of experience into a showcase for your ability to relate and connect similar skillsets.
Answer Sample:
While my experience with x is limited, while working under y at my last job I really got to learn the ropes about z
What are some of major challenges the accounting industry faces looking ahead? How will it impact the role of reinsurance analyst?
No right or wrong answers here, but certainly an opportunity to demonstrate some foresight. AI, automation, and inexpensive labor are all interesting items to bring up. However, be prepared to explain why you answered the way you did – and do some research ahead of time.
Answer Sample:
Like many things, I belive that with change comes opportunity
What do you to ensure error free work?
Hey, no one is perfect – but when it comes to accounting & finance, perfection in numbers is expected. Here, your interviewer isn’t looking for some superhuman form of error free workmanship. What they’re seeking here is some method you deploy for QA.
Answer Sample:
Rain or shine, I always make sure that x is reviewed 3 times over and referenced against y before it goes out the door
Describe a situation you needed to use data to prove a point?
Numbers don’t lie. What’s being asked for here is an example of when you were able to prove a point by providing truth through the data. A great example here would be anything relating to a decision where your data made a difference.
Answer Sample:
Our department had been struggling for years, but by clearly illustrating the relationship between x and y, we corrected and showed record improvements in the next quarter
Has there ever been a time you were required to deliver critical feedback?
One of the most difficult things to dispense – and receive – is critique of work. Anyone who has spent enough time in this industry realizes that human error is part of the job, and no one is perfect. What you’re going to want to do here is be sure to let the interviewer know what you did in reaction to this feedback. Was there denial? Deflection? By dealing with difficult situations calmly and with full accountability, you demonstrate qualities every employer loves.
Answer Sample:
Ive been on both ends of critical feedback, and clear, consice presnetation of facts is paramount, as is accountability
Would those that know you describe you as a detail oriented person? Why might they describe you that way?
Always with the details! No matter what your role in the accounting industry, this one’s important. Like many non-valid responses, your statement ‘yes I am a detail oriented person’ is not going to cut it.
Answer Sample:
A careful review of x revealed that y and z were out of order, ultimately preventing a costly audit
Which accounting specific software are you familiar with?
These days, your mastery of accounting software is practically expected. If your experience is limited, make sure you at least have a basic understanding of industry standards prior to the interview. Do some research and investigate new platforms or recent developments in the software field.
Answer Sample:
Im proficient in x and y, but ive ready tons of good things about z and would love to learn more about it
What sort of work culture do you find most appealing and why?
Culture is king these days, and for good reason. It’s more than simply ‘the way things are done’, it’s how things are done and why. While you may be a lone wolf, be careful how you answer this question should it fall out of alignment with the organization.
Answer Sample:
I succeed when given clear, consise direction and find a balance of solo effort and working alongside a team is when Im most productive
Without revealing too much info – why are you leaving your last job?
This one can be leading, and must be answered carefully. Seeking more money or mentioning the ‘terrible management’ at your last job may leave your interviewer with the wrong impression of you. Regardless of the reason your employment ceased to be, keep it on point and do not get negative here.
Answer Sample:
It was time for me to move on, and I feel as though I am ready for a new challenge