Internship Details

  • Job Title: Exoerience Insight And Research- Actuarial Intern
  • Start Date: 2011
  • Length: Internship (1-4 Months)
  • Location: Edinburgh,
    Scotland
  • Salary: £14,000 - £15,999
  • Roles: Accountancy, Actuarial, Administration/Secretarial, Banking/Finance, Customer Service, Financial Management, Human Resources, Legal/Law, Marketing, Sales
  • Reviewer’s Course: Actuarial Science
  • Reviewer’s University: Heriot-Watt University
  • Review Date:

Company Sector

  • Actuarial

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Job Title: Exoerience Insight And Research- Actuarial Intern

Overall Rated 7.7

★★★★★★★★☆☆

The Role

Role Description

Worked on mortality and persistency teams. In mortality team I did a project which involved comparing CMI data to our actual data and looked at ways to test how similar our data was to CMI data statistically. Used a lot of Excel, In persistency team I looked off-rates of the different products we offer and tried to find relationships between these and different factors.

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

Rated 9/10

Really enjoyed the work I did and enjoyed working on the team I was in.

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

Rated 8/10

Although I was only an intern they said that the work I was doing was very useful and of a high standard. Had concerns beforehand that I was just be given a pointless task to do but that definetly was not the case.

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

Rated 8/10

Manager was always encouraging and supportive. Only issue was that I was never given any negative feedback which I guess is a good thing but if I am doing things wrong or could do them better I'd prefer they tell me in order to help me improve.

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

Rated 7/10

The level of work I had was reasonable, I managed to complete all tasks given to me in time schedule required without getting overly stressed or feeling likeI was doing nothing.

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

Rated 7/10

Although only an intern I was given individual projects and had to present my findings which are being taken forward.

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

Rated 8/10

Although I am not back at university yet I can see that what I have done on my placement will help me. I have developed computer skills as well as communication skills which will stand me in good stead.

The Organisation

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

Rated 7/10

Everyone was friendly.

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

Rated 9/10

very well set up with lots of opportunities to do different things available.

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

Rated 8/10

Gave us opportunities to present as well as attend finance academies and other events to further knowledge and development.

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

Rated 7/10

  • Subsidised Canteen
  • Sports and Social Club
  • Company Parties/Events
  • Staff Sales/Staff Shop
11. How appealing are future employment prospects within the organisation?
★★★★★★★★☆☆

Rated 8/10

I am hopeful that I will get offered a graduate job as I have enjoyed it but there is nothing definite at the minute.

Other Information

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

Rated 9/10

Great social scene with other interns. Weekends are always fun! We usually have lunch together aswell.

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

Rated 8/10

Being based in Edinburgh beforehand I tend to know the best student places to go so prices are reasonable.

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

Rated 7/10

I have always enjoyed the nightlife in Edinburgh.

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

Rated 6/10

There were some opportunities to get involved in activities outside of work like playing softball and attending post-work drinks.

In addition to these questions, is there any extra information you would like to leave about your experiences on your work placement that other students may be interested in?

Great company to work for and Edinurgh is a great place to live.

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 7.7 star rating average.

★★★★★★★★☆☆

Review 25/26 for Standard Life

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