Pensions Actuarial Intern Review

There was not much work, as people did not want to give it to the interns as they felt that our charge out rate was too high. Work I did however, was varied and enjoyable.

As previously stated people were hesitant to give the newer interns work, however the interns who had previously done an internship had more than they could handle and ended up passing there work onto the other interns.

Whenever I needed help, they were easy to approach and very helpful.

There was not much work, as people did not want to give it to the interns as they felt that our charge out rate was too high. However, there was a lot of non-billable work for us to do.

enough responsibility to get on with our work

will not help in my degree studies but will be tremendously helpful in a future actuarial career as we did the multiple tasks that otherwise would have been done by new grads or outsourced

The office was quite relaxed with casual fridays, and people getting on with each other. There was even a pool table and a ping pong table to unwind. everybody was approachable and friendly

A few hiccups at firts with the background check, but this was to do with the company that they outsourced this to rather than Aon. Once actually at Aon, there were many IT problems, which was agravated by the fact that I was hot desking for the first couple of weeks. IT support was terrible and no one in the office really knew how to fix the issues.

They gave us tasks similar to what we would be doing if we were new grads, which is good, however there was not much in the way of actual training exercises or anything that we were told about which their new grads have access to.

Pensions actuarial only has another 15-20 years of work as the whole pensions industry is changing to something less complicated. This means that as time goes on fewer people will be needed in the pension actuarial field. However, at the moment they are still hiring and training many actuaries.

We went to the pub most weeks, and lunch was very communal with the large kitchen/break room. we also had a free boat party with colleagues. There was a surprising amount of socialising in my office, but people in other offices did not have as much. We also had weekly 5 a side football which was good to see some members of the office who you would not normally see.

I worked from home, so had no extra costs. I also travelled into work, so petrol was my only travel cost. I am used to london prices for socialising, and so St Albans was much cheaper in all regards.

We only went to the pub in the area my office is situated in, because there is nothing else good. if we wanted to make a night of it, we would normally go into London.

There were supposed to be social events such as go kart racing, rock climbing, etc. However these never materialised as no one ended up organising the events. It was eventually handed off to an intern to organise but no one did in the end. However there was football every week and rounders once.