Internship Details

  • Job Title: Actuarial Intern
  • Start Date: 2011
  • Length: Internship (1-4 Months)
  • Location: Edinburgh,
    Scotland
  • Salary: £14,000 - £15,999
  • Roles: Accountancy, Actuarial, Auditing/Tax, Human Resources, Insurance, Legal/Law, Marketing, Sales
  • Reviewer’s Course: Mathematics BSc (Hons)
  • Reviewer’s University: Imperial College London
  • Review Date:

Company Sector

  • Actuarial

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Job Title: Actuarial Intern

Overall Rated 9.0

★★★★★★★★★

The Role

Role Description

Working in International Pricing, helping with Pricing tools (spreadsheets), using Excel and VBA to improve these. Reported on various aspects of the products, helping the pricing team with their role within product development - learnt a lot about the workings fo the company.

1. To what extent did you enjoy your work placement or internship?
★★★★★★★★★

Rated 9/10

enjoyed it thoroughly, stimulating, and helped confirm my desire to become an actuary.

2. To what extent did you feel valued by your colleagues?
★★★★★★★★★

Rated 9/10

Welcomed and made to feel part of the team, included in the associated tasks that were required of me.

3. To what extent were you given support and guidance by management/your supervisor(s)?
★★★★★★★★★

Rated 9/10

Helped me from te very start, giving me an overview of the company and their various roles and continued in their support for me.

4. How busy were you on a daily basis?
★★★★★★★★★

Rated 9/10

Had a good balance between major long term taks and smaller ad-hc requests. Alway felt like there was work to be done, and never felt pressured by the work load to the extent of it being unsustainable.

5. How much responsibility were you given during your placement?
★★★★★★★★★

Rated 9/10

Involved in helping develop tools used on a daily basis, and with this there was responsibility in the fact that these were being used by all members of the department.

6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
★★★★★★★★★

Rated 9/10

the computer knowledge VBA and Excel mainly will be skills that can be transfered to any company

The Organisation

7. What was the general atmosphere in your office?
★★★★★★★★★

Rated 9/10

good atmosphere created a nice environment for work.

8. How well organised was the overall work placement or internship set up?
★★★★★★★★★

Rated 9/10

larger projects and smaller ones meant that at all times there was something to be getting on with which you knew would feed into more and more things.

9. In terms of personal training and development, to what extent did the company or firm invest in you?
★★★★★★★★★★

Rated 10/10

invested a lot in terms of time and effort in giving me the knowledge and skill set required to carry out the role.

10. What were the perks on your work placement?
★★★★★★★★☆☆

Rated 8/10

  • Subsidised Canteen
  • Sports and Social Club
11. How appealing are future employment prospects within the organisation?
★★★★★★★★☆☆

Rated 8/10

hopefully coming through the internship feeling like I have made a difference will mean that a job is offered at the end. Talking to most people it seems as if it is much more uncommon that people are not offered a job - seeing as to get on the intership the assessment is the same as the graduate role.

Other Information

12. Was there a good social scene amongst any fellow placement students/colleagues?
★★★★★★★★★★

Rated 10/10

everyone got on really well, lots of things were organised which made it very enjoyable.

13. What was the cost of living and socialising in the area you worked in?
★★★★★★★★☆☆

Rated 8/10

cheaper than my student home which is in London, so seemed very cheap, although over festial period touristy areas had inflated prices.

14. What was the Nightlife like in the area you worked?
★★★★★★★★★

Rated 9/10

good, especially around the festival time, but seemed a lot smaller and less lively than London.

15. Were there many opportunities to get involved in activities outside of work?
★★★★★★★★★★

Rated 10/10

Witht eh festival there was loads to do at all times after work

Final Average Overall Review Ratings

Calculated by combining the answers in each section.

  • The Role Overall

    ★★★★★★★★★
  • The Organisation Overall

    ★★★★★★★★★
  • Everything Else Overall

    ★★★★★★★★★

The final verdict…

On average, this intern student rated Standard Life with a 9.0 star rating average.

★★★★★★★★★

Review 22/26 for Standard Life

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