Internship Review at Hiscox

The Role

Role Description

Using modelling programs and cedant provided data to help refine current risk insurance models.

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

★★★★★★★★☆☆

Rated 8/10

I thoroughly enjoyed my Hiscox internship; all the employees I engaged with were friendly and helpful. The work was, after settling in, challenging and interesting.

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

★★★★★★★★☆☆

Rated 8/10

My colleagues seemed to value my efforts so I never felt any of the tasks I completed were a waste of time.

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

★★★★★★★★★☆

Rated 9/10

My supervisors, especially early on, would take their time ensuring I had the knowledge required to complete the tasks set and invited me to bring up any problems I had with them or other members of staff.

4. How busy were you on a daily basis?

★★★★★★★★★☆

Rated 9/10

Once I was set longer tasks I seldom felt short of work, however early on I did feel under utilised.

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

★★★★★★★☆☆☆

Rated 7/10

On the longer research/analysis projects I was given quite a lot of leeway on which assumptions/methods to use as long as I could justify them satisfactorily. However, understandably, the final decisions all were made by my supervisors.

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

Improved my presentation skills and structure of work for clarity to others. Excel and SQL experience will serve me well in a wide range of possible employments.

The Organisation

7. What was the general atmosphere in your office?

★★★★★★★★☆☆

Rated 8/10

Professional, focussed but friendly and the occasional non-work related conversation was certainly not discouraged.

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

★★★★★★★★☆☆

Rated 8/10

I feel I slotted into the team I was working with and became productive very quickly. The intern project worked well allowing all interns to contribute, drawing from their various different skill sets and departments.

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

★★★★★★★★★☆

Rated 9/10

I received a lot of informal training my supervisors which got me to grips with everything I needed to be able to be a useful member of my team. There was also an excel training day and several presenting workshops which were useful with a for general focus.

10. What were the perks on your work placement?

★★★★★★★★☆☆

Rated 8/10

• Subsidised Canteen

11. How appealing are future employment prospects within the organisation?

★★★★★★★★★☆

Rated 9/10

Hiscox is a company I would very much like to work for. However there is no graduate scheme place this year in the department I interned in.

Other Information

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

★★★★★★★★★☆

Rated 9/10

The social scene with the other interns was very good with a intern organised social about once a week. Having only one intern per department and a collective intern project greatly lessened any feeling of competitiveness between interns leading to a more friendly and relaxed environment.

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

★★☆☆☆☆☆☆☆☆

Rated 2/10

The City of London is not a cheap place for anything.

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

★★★★★★★☆☆☆

Rated 7/10

Plenty of bustling bars and pubs nearby.

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

★★★★★★★★☆☆

Rated 8/10

A few training days along with a visit to Lloyd's and the advertising agency which Hiscox uses were organised by the company for the interns. Apart from this, working in London provided many out of work opportunities.

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?

I found all employees to be willing to help with any problems I encountered. On a day to day basis I was using modelling interfaces extensively along with Excel and SQL.

Review 2/4 for Hiscox

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