Pensions Intern at HSBC

Top Employer
Duration
Internship (1-4 Months)
Region
London Central London and City
Review Date
Salary
£30,000+
Roles
Actuarial

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HSBC is a Top Employer

7.7/10

The Role
8.0
Organisation
7.2

Socialising

7.8

The Role

Role Description

Various pension calculations, minute taking in meetings, running various model/programs

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

It was a great insight into the pensions world, and it was good to see it from a banking point of view and see the huge cross over at senior level between actuaries and bankers

9/10

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

Everyone in the team was really welcoming, at the end of the day they all remembered there first day at work and everyone took me out on the first day for lunch to get to know me, by the end of the first week I was friends with everyone in the team and things just went from there really

7/10

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

Really well. He asked me on the first day how much I knew about pensions and how much previous experience I had. I said not much bar a few modules so he use to sit down and discuss every project with me

9/10

4. How busy were you on a daily basis?

I really wasn't that busy. The team knew I was just an intern and wasn't 100% committed to working my socks off, and they agree with that. They want you to enjoy your intern, so they watch how much work you are given

8/10

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

I'd say it was standard. I was doing various work that the graduates were doing, but only the simple version of their projects

7/10

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

My programming and IT skills were really developed, and I learnt so much about the pension industry that will be really useful

8/10

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The Organisation

7. What was the general atmosphere in your office?

Really good, everyone got on well and there were alot of office jokes/banter going on! Its a male dominated office, so about 99% of the conversation was about football over the weekend.

8/10

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

The team were use to interns coming in the summer, so it seemed that they had left work for a few weeks before I joined, to one side for me to come in and work on.

8/10

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

Really well, you get put on a few training schemes before you join your team and then there is alot of online training that you can do once your in your team but need to read up on a few topics. Lots of IT based training - VBA is a big thing.

5/10

10. What were the perks on your work placement?

  • Subsidised Canteen
  • Subsidised/Company Gym
  • Financial Bonus
8/10

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

I got a job offer after my final year with them :)

7/10

Social

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

The graduates use to go out every Friday and the odd Thursday, as long as your fun and chatty, you get invited along. There is also football on once a week.

8/10

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

Its London, so its really expensive, but you are paid generously so you can afford to go out and enjoy it.

7/10

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

Friday nights are spent at Mayfair, some amazing clubs

8/10

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

Nights out, pub trips, football. After the first few weeks you make good friends in the firm and just

8/10

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