Internship Details
- Job Title: Actuarial Internship
- Start Date: 2010
- Length: Internship (1-4 Months)
- Location: Scotland
- Salary: £12,000 - £13,999
- Roles: Banking/Finance
- Reviewer’s Course: Master Of Mathematics, Operational Research, Statistics And Economics
- Reviewer’s University: University of Warwick
- Review Date:
Standard Life
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Review 11/26 for Standard Life
Company Sector
Job Title: Actuarial Internship
Overall Rated 8.4
★★★★★★★★☆☆
The Role
- Role Description
I was placed in the department of product operations. We are responsible for all the quotation systems and mechanisms used by the company, i.e. everything about the products and systems behind them. I have been involved with a lot of data analysis on a daily basis. Normally this would involve going into the systems and trying to extract information from the systems for each plan that goes wrong and come up with solutions about how to fix the problems.
- 1. To what extent did you enjoy your work placement or internship?
-
I've really enjoyed the internship much more than I expected.
- 2. To what extent did you feel valued by your colleagues?
-
People in Standard Life have been very nice and supportive, we go out a lot after work.
- 3. To what extent were you given support and guidance by management/your supervisor(s)?
-
My manager has taken really good care of me, constantly chekcing if the amount of work I've given was about right and make sure I understand what I am doing and what outcome to be expected.
- 4. How busy were you on a daily basis?
-
There has been a few busy days where requires staying a bit late, but normally it's just 9-5.
- 5. How much responsibility were you given during your placement?
-
I was treated as everyone else in the team, therefore I was given real responsibilities which made a real contribution.
- 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
-
I found working and studying are really different things, and excel is really useful tool to master.
The Organisation
- 7. What was the general atmosphere in your office?
-
People have been really friendly around here.
- 8. How well organised was the overall work placement or internship set up?
-
I feel I've been taken care of all the time.
- 9. In terms of personal training and development, to what extent did the company or firm invest in you?
-
I didn't really get any formal training, but I did learn a lot from everyone in the team.
- 10. What were the perks on your work placement?
-
- Subsidised Canteen
- Sports and Social Club
- Company Parties/Events
- Staff Sales/Staff Shop
- Healthcare/Dental
- 11. How appealing are future employment prospects within the organisation?
-
Lots of people tend to stay in Standard Life for a really long time.
Other Information
- 12. Was there a good social scene amongst any fellow placement students/colleagues?
-
Definitely, a lot of events have been organized by the actuarial student societies.
- 13. What was the cost of living and socialising in the area you worked in?
-
I wouldn't say it's cheap, but compared to London, it definitely will be and it is a very nice place to live.
- 14. What was the Nightlife like in the area you worked?
-
Great.
- 15. Were there many opportunities to get involved in activities outside of work?
-
Lots of societies in the company.
- 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?
-
The thing that surprised me the most is the people around here are extremely nice.
Review 11/26 for Standard Life
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Standard Life Company Profile
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