Intern at Lane Clark & Peacock

Duration
Internship (1-4 Months)
Region
London Central London and City
Review Date
Salary
£20,000 - £21,999
Roles
Actuarial

Connect with this company

6.9/10

The Role
7.2
Organisation
7.0

Socialising

6.2

The Role

Role Description

Intern in General Insurance at Lane Clark and Peacock, an Actuarial Consulting company

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

I enjoyed my internship a lot. I especially liked the office environment and the people I was working with, and I found it rewarding how I was given real client work to do that was of value to my team.

8/10

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

When I did work, I felt very valued. However I have not given this question a very high score because I felt that sometimes I was underutilised by my team and they could have got more value out of me.

7/10

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

I had a mid internship review with a team leader, otherwise there was little structured support/guidance. However, because the division is so small and welcoming I felt that anything more formal was not actually needed.

7/10

4. How busy were you on a daily basis?

I had a lovely time on busy days, however I did find fairly regularly that I was having to fill my time with reading old reports/regulation which was not particularly interesting.

5/10

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

Especially towards the end of the internship, I felt that I was given a good amount of responsibility. I think I managed to get properly stuck in and do a lot of essential client work by the end. It is understandable that at the start I was given little responsibility, since I was new and my knowledge was fairly limited.

8/10

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

I have finished my degree so some of this question is not applicable. However, I do think that the skills I have learned in terms of confidence in the workplace will help me in future, and I have learned so much about general insurance and actuarial practice that it will definitely help me a lot if I decide to pursue this career path.

8/10

The Organisation

7. What was the general atmosphere in your office?

My team were all fairly young and friendly, which meant that the atmosphere was much more fun than I was expecting it to be. I was working during the busy period, so some days were more serious, but that is to be expected.

8/10

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

There was not a huge amount of organisation; I was simply introduced to the team and then came into the office and was given work as and when it was needed. However, due to the size of the team and the fact that there were only two interns in the division, this method of managing the internship worked perfectly.

5/10

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

The company invested a decent amount of time to training me in the first few days, and then in the subsequent weeks members of my team were always more than happy to spend time teaching me on the job.

8/10

10. What were the perks on your work placement?

  • Company Parties/Events
  • Healthcare/Dental
5/10

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

I have thoroughly enjoyed my time and I am hoping to get a job offer from them when I finish. From speaking to my colleagues, I think that my chances are reasonably good. I can see how much my colleagues like working here, which makes me excited to potentially start a career here.

9/10

Social

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

There was a good social scene within my team, with various after work activities organised.
However, there were only two interns in my division and whilst we did get to meet the interns in the other divisions within the company, no social events were organised with them and as a result we did not socialise with them much. I would have liked some intern-specific events to be organised.

6/10

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

The office is in London, so of course living and socialising prices are very high. However, this did not stop me from socialising.

4/10

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

I was commuting from home and so did not get to experience very much of the nightlife, but I got the impression that it was very good and I still did a lot of things in early evenings.

8/10

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

I did not get involved in many, but if I had wanted there were various social events and sports teams which were advertised via yammer

7/10