Actuarial Intern

by Willis Towers Watson

Rating

4.4/5
  • Skills
    4.5
  • Responsibilities
    4.0
  • Support & Guidance
    4.0
  • Culture
    4.5
  • Your Impressions
    4.7

    Overview

  • 1. Please give an overview of your role and what this involves on a day-to-day basis.
  • It was my role to learn about the life of an actuary and start to understand the basics of being a pensions actuary. Outside of the study, I worked on numerous clients, completing calculations for members to work out their pension values. I also did some really exciting work on working out the present value of bonus' for huge companies. I had a intern project and presentation which last me the time of the internship.


    Skills

  • 2. Have you learnt any new skills, or developed your existing skills?
  • I have learnt many skills. I think the most prominent one was the ability to organise my life around working full time. Through university, we can do what ever we like when ever we like but in working life its different. This internship definitely worked as a intermediate step, teaching me how to work within the formalities of professional life. Outside of organisation I also developed great communication and presentational skills. The group project really stretches you to be your best in front of the whole company


  • How would you rate the training provided during your experience?
  • 5/5

  • How would you rate your development of industry-specific skills during the experience?
  • 5/5

  • How would you rate your development of personal / soft skills during the experience?
  • 3/5

  • Please rate how these skills have helped you in your career development
  • 5/5

    Responsibilities

  • 3. Were you given much responsibility during your placement / internship?
  • I was given a variety of responsibilities. All client work is reviewed before it is sent off, but I was working for pensions schemes in the 10s of billions of pounds. The changes I made altered schemes millions of pounds in one way or another. The work I received was often quite simple so although the scope of the work was huge, acting on many international clients, sometimes the actual job, the specifics were very similar. Sometimes the work was very complicated! Definitely a mixture.


  • Please rate how meaningful the work you were doing was
  • 4/5

    Support & Guidance

  • 4. How much support and guidance did you receive during your placement / internship?
  • On my internship I was allocated a "buddy" who I could go to at anytime to ask any questions. At the start of the internship she would break down work into step by step processes. As the Internship progressed I would just be given the work to complete myself. This was a great experience as my knowledge improved but I could still go back to my buddy when ever needed. Everyone I worked with found time for me when I went to them with problems, even when they had busy days.


  • How would you rate the support and guidance from your line manager?
  • 3/5

  • How would you rate the support and guidance from the wider team?
  • 5/5

    Culture

  • 5. What was the company culture and general atmosphere like?
  • The culture was great, everyone was really down to earth which surprised me as I definitely wasn't expecting that to be the case beforehand. My internship was mainly online however when I got in the office it was awesome to have the fun across desk jokes and see everyone smiling. I was encouraged to host a social for the Internship and went on a few hosted by others. It was obvious the team were trying to include me and make me feel welcomed.


  • How would you rate the inclusiveness of the culture?
  • 4/5

  • How would you rate the social opportunities?
  • 5/5

  • How would you rate the diversity initiatives?
  • 4/5

  • How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
  • 5/5

    Your Impressions

  • 6. To what extent did you enjoy your placement / internship?
  • I really enjoyed my placement! You have to work hard and sometimes I had to work later than I would like but I enjoyed every moment. The best moments were probably shadowing other members of the team working on projects I wouldn't be able to do yet but being given the opportunity to see that work was great. I would have liked to get in the office more however with the environment I am glad I got in at all


  • Please rate your level of enjoyment on your placement / internship
  • 5/5

  • Please rate how your experience met your expectations
  • 4/5

  • Please rate the future employment prospects at Willis Towers Watson
  • 5/5

  • 7. Would you recommend Willis Towers Watson to a friend?
  • Yes


  • 8. What advice would you give to others applying to Willis Towers Watson
  • Try to talk to as many people as possible. The Internship goes so fast that if you don't, you wont make the connections that this opportunity brings. Willis Towers Watson has so many interesting people that have some really valuable lessons and experiences. Try to be as extroverted as possible, really push yourself to meet new people and make new friends, whether that's other inters or other people on your teams. Everyone started at some point and absolutely everyone will be happy to talk to you.


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Details

Internship (1-4 Months)

Actuarial

West Midlands

August 2021


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