This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

2.6/5
  • The Role
    2.8
  • The Company
    2.4
  • The Culture
    2.8

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • Good atmosphere and culture. Lots of intern team challenges and good social life. Was never too busy, maybe a little too free at times. It was enjoyable overall but there was a lot of room for improvement, especially in terms of communications through HR. More enjoyable than other internships I have had due to the agile working and the amount of group events. They tried to make it fun but the most lacking part was probably the amount of work given. I would have preferred to be more busy.

    3/5

  • 2. To what extent did you feel valued by your colleagues?
  • Felt valued by colleagues, they were al very nice and willing to help. As a company, Lloyd's tend to invest and regard their scholars a lot more, with them getting more guidance and preference for roles. Other than that I felt valued by my colleagues as received fair feedback on all work submitted.

    3/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • Manager was very nice, gave me enough freedom to explore other areas of the business and was supportive in helping with personal development.

    4/5

  • 4. How busy were you on a daily basis?
  • I was at times very busy but mostly relatively relaxed. Nearing the end of the internship and at the start of the internship, there was a lot of times of waiting around. Especially at the end there was less work given to me. I proactively sought to work with different departments at times due to lack of assignments given to me. The intern challenges and charity challenge kept me busy at times when I had little work.

    3/5

  • 5. How much responsibility were you given during your placement?
  • I was mainly asked to make presentations and working with low level stakeholders. The projects I was working on were mainly at the beginning of their inception and often I had to wait a while for approval. I don't think I was given a large amount responsibility but I was pleased to have work that varied and was not completely repetitive processes.

    2/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • This was not related to my degree so will not help with my studies but did give me exposure to an industry that I had never worked in before. It also taught me the importance of networking, another point that had not been taught by university. The internship has given me a lot of insight into the banking industry and has helped me decide what career route I would like to take.

    3/5

    The Company

  • 7. What was the general atmosphere in your office?
  • The general atmosphere was very good. I worked in Digital which prided itself in having a Google-esque working culture. The people all seemed happy and were happy to help and provide help and advice. There were monthly drinks and weekly events that all colleagues can attend. All in all, an inviting atmosphere and did not feel stressful at all.

    3/5

  • 8. How well organised was the overall work placement or internship set up?
  • Well organised in terms of the induction and events. Admin wise poorly organised as interns were not made aware of the Strengths based interview and mid term reviews until the 3rd week of the internship. Lloyd's scholars knew this so I thought it was poorly organised due to this fact. It meant the interns were at a disadvantage for the interviews as they were not aware of the criteria. Also, my manager was not fully aware of the process either and had to contact HR several times.

    2/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • 3/5

  • 10. What were the perks on your work placement?
  • Company Parties/Events

    Working from home

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • It seems like a nice, comfortable place to work, if not a little boring, but that could just be personal preference and the slow pace interns sometimes experience. The graduate salary is alright but a little amusing that some departments have a higher starting salary than others. Not sure if I'd like to join after graduation but would be a good place to work.

    2/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • Good social scene amongst fellow interns. However, again, Lloyd's tends to encourage a scholar and intern divide by placing them in separate halls. Also, scholars would have met each other previously so sometimes it felt like groups were already formed. That being said, there were no scholar or intern only events during the internship so everyone socialised well once settled in.

    3/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • Worked near the city of London and close to Shoreditch so relatively expensive. However, the salary was enough to cover the costs of socialising so never felt that I had to miss out due to lack of funds. There were lots of supermarkets near the work place so could easily opt for the economical option but it's all up to personal preference.

    2/5

  • 14. What was the Nightlife like in the area you worked?
  • Lived and worked in London so nightlife was never a problem, The office was just outside of the city and there were good tube connections so it was easy to explore London night life. Some places were more enjoyable than others but there was a huge range of choice from pubs, to bars and clubs.

    3/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • There were a lot of activities organised by the company to participate in outside of work such as a team sports day and a monthly talks by an outside panel. There were also intern organised events to get involved in. Being in London, it's easy to just go on eventbrite and find something to do. There was never really a lack of things to do outside of work.

    3/5

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Details

Internship (1 Month+)

Banking

London

August 2016


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