Attend team meetings to manage team output and to stay up to date with companywide developments Provide updates to line managers to ensure teams are aware of progress on projects and tasks Calculate individual cases of pension entitlement revie
Using excel and proprietary tools to perform pension calculations for clients and then create reports to present this data
Working with other members of the pensions actuarial department of varying seniority from first year analysts to senior partners to complete actuarial work both client and inhouse work This included a lot of work in Excel Examples of things I did
Using C to build models of the energy market and to help present data by creating data presentation websites This involves data analysis in c web development to produce a clean user interface and interactions with databases to store and collect data
Learning object oriented code in C and using it to complete projects and solve real problems on models
Analysing data in excel Coding
The main task is calculating transfer values for members of a variety of pension schemes and taking steps to prepare the software that automatically calculates this for us ie getting appropriate financials to make the right bases to use for TV calcula
The first two weeks revolves around training and learning about the company job role and being taught the necessary workspecific skills In this time we also write a presentation on a workrelated topic of our choice which we present in week three We
Day to day I help out various members of the department with whatever work needs doing by a grad or an intern this could be drafting internal emails updating spreadsheets doing billing spreadsheets and documents drafting client emails making minute t
You do reallife client work given by colleagues from the actuary department The job can vary a lot from going through spreadsheets producing reports individual cases Overall you do not have to worry about getting bored because the work is never the
We effectively worked as an analysts This invoked drafting performance monitoring spreadsheets and PowerPoints We also presented 4 projects and monthly round up We learnt a lot of the terminology for the job therefore learnt the ways in which investmen
You most will be asked to update financial chart and presentations Also youll hav regular training to help you understand your department and how you suppose to work in the company The most important thing is the project that you have to present there
My role ranges from short tasks like calculating transfer values for individual members to projects that took an entire week such as GMP equalisation We also had to create a PowerPoint and do a presentation to the other interns and team leaders
Find work to do from colleagues normally there is plenty to go round Completing basic and some more advanced actuarial client work which is delegated from student and qualified actuaries This can include things like transfer value calculations for in
Completed several projects designed to train us on the pensions industry Assisted colleagues with client facing work such as attending research meetings Worked on 5 short term projects and presented these to partners
I would calculate values of peoples pensions converting between a lump sum and yearly payment I would take into account many variables life expectancy likelihood to have a spouse age and life expectancy of spouse etc
Interns are assigned projects that perfectly prepare you for roles and tasks that you would participate in as an analyst This takes up the majority of your time but you balance this with client work and every intern is invited to a research meeting
The work of an intern has largely been to do more of the manual processes in the consultancy jobs It is mostly excel based but can also include other statistical software if you have the skill A lot of the day to day tasks are checking numbers are corr
Helping graduates and consultants with client work including performance monitoring and asset transfers Working on intern projects alongside including presentations fact sheets and emails in areas such as asset allocation for pension schemes LDIs DGFs
Analysts level actuarial work Calculate transfer values or other factors draft letters
