Actuarial Intern Review

by abrdn

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

Rating

4.3/5
  • The Role
    4.3
  • The Company
    4.4
  • The Culture
    4.1

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • Thoroughly enjoyed the work and the project that I was given during my time at Standard Life; was responsible for building and reporting on mortality projection models. The tasks were very challenging at times but had more than enough support from my manager and other team members

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • My manager explained to me the real significance of my work for the team and was asked to give progress reports to the team in each team meeting.

    4/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • The support and guidance provided by my manager was superb; was happy to take time out of his busy schedule to explain ideas, concepts and the project to me. The rest of the team were very willing to take time to help and explain things to me.

    5/5

  • 4. How busy were you on a daily basis?
  • My project was designed to take the 10 weeks and therefore the multi-factor aspect of the project meant that there was always something for me to get on with. Even though I was busy, I never felt overwhelmed with the amount of work.

    5/5

  • 5. How much responsibility were you given during your placement?
  • I was given the one main project for the 10 weeks, so I was not completing work from other parts of the team but was able to find out more about the different parts of the team in team meetings.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • Soft skills such as organisational and time management skills have certainly improved thanks to the internship, which will be useful for my final year at University; my project used a lot of statistical ideas and concepts which has helped me see how statistics can be applied in the real world.

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • The atmosphere in the office was friendly and very easy to ask questions to others in the team; at times quiet during parts of the summer

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • Cannot find any big faults with the internship set up - excellently organised; from the welcome day to meeting the team / buddy to the organisation of the project, everything was excellently thought through.

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • Huge investment into us interns; lunchtime learning sessions including presentation skills session, strengths finder session etc. Standard Life have a strong focus on personal development and is visible even as an intern.

    5/5

  • 10. What were the perks on your work placement?
  • Flexi Time

    Subsidised Canteen

    Sports and Social Club

    Company Car

    Subsidised/Company Gym

    National Travel

    International Travel

    Financial Bonus

    Company Parties/Events

    Staff Sales/Staff Shop

    Above 25 days holiday

    Working from home

    Healthcare from home

    Healthcare/Dental

    Travel loan

    5/5

  • 11. How appealing are future employment prospects within the organisation?
  • Very good organisation with an excellent graduate actuarial scheme; range of opportunities for graduate actuarial students to get involved with

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • Standard Life provided free accommodation for interns outside of Edinburgh in the same appartment block; made it very easy to get to know other interns

    5/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • Free accommodation provided by Standard Life, prices are those to be expected in a major city like Edinburgh.

    5/5

  • 14. What was the Nightlife like in the area you worked?
  • Good range of bars, restaurants, clubs for all; even better during the Fringe in August

    4/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • Team night outs / Team lunches / Scheme lunches etc.

    3/5

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Details

Internship (1 Month+)

Actuary

Scotland

August 2014


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