Actuarial Consultant Review

by EY

Best Student Employer

Rating

4.9/5
  • Skills
    5.0
  • Responsibilities
    5.0
  • Support & Guidance
    5.0
  • Culture
    4.8
  • Your Impressions
    4.7

    Overview

  • 1. Please give an overview of your role and what this involves on a day-to-day basis.
  • You will have several learning sessions throughout the internship focused on; Exams, Industry, insurance products, audits, regulation, modelling and assumptions. The main roles for actuarial interns; analyzing market data, creating PowerPoint summary's for incentives, shadowing meetings and taking minutes. You can get involved in FoE's (Field of Expertise) in the team. I helped in the Tech FoE and created a centralized repository for code from apps and created a presentation summarizing package management.


    Skills

  • 2. Have you learnt any new skills, or developed your existing skills?
  • Lots of new skills, I spent lots of time on excel and PowerPoint so have learnt how to use these efficiently and effectively. Also, you get lots of chances to network and meet clients so social skills are tested and refined. Time management is also a key skill that will be tested as in my experience you will get a lot of work all at once so you will need to know what to prioritize.


  • 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?
  • 5/5

  • 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 lot of responsibility during the internship but when speaking to other interns (not only actuarial) this definitely differs and I think depends on how much you ask for and how well you deal with the preceding tasks in the internship. I also got a variety of tasks and some of theses were given to me due to my existing skillset so responsibility may depend on which areas you have experience in.


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

    Support & Guidance

  • 4. How much support and guidance did you receive during your placement / internship?
  • I had both a buddy and a counselor. I was able to speak to my buddy over a month before I started my 5 week internship and had weekly meetings with them either for questions or just a general catch up. My whole team were extremely helpful as well, anyone I worked with pushed for me to ask as many questions as I liked and never dismissed any that I had, even the silly ones!


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

  • 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?
  • EY throughout the whole recruitment process go on about their culture as a company and refers to themselves as a 'family' endlessly you will doubt this but it is absolutely true (I can only speak for my team). Everyone is so lovely and willing to help you. My team also went out of their way to get me to company wide events and also invited me to regular team socials, partner celebrations and lots more!


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

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

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

  • How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
  • 4/5

    Your Impressions

  • 6. To what extent did you enjoy your placement / internship?
  • This internship was extremely insightful and gave me a lot of exposure to the work that actuaries do and showed me the lifestyle and culture included in the job and in the team within EY. I enjoyed the various social events and met so many people from various service lines and roles. The induction was well organized and a nice ease into the office, we had a induction social and a CSR day as well!


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

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

  • Please rate the future employment prospects at EY
  • 4/5

  • 7. Would you recommend EY to a friend?
  • Yes


  • 8. What advice would you give to others applying to EY
  • BE CURIOUS. It sounds obvious and a bit silly but everyone here gives being curious as one of the major factors of their success and you can really tell when talking to people that it's integrated into them. EY will reward you for good work but toxic competitiveness is not endorsed and will be picked up on very quickly so if that is the environment you want working at EY is not for you.


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Details

Internship (1 Month+)

Actuary

London

July 2022


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