RCS Life Intern Review

I was given lots of challenging tasks to complete, which meant that everyday at the office was exciting and offered me a new experience

All of the employees I came across where very accomodating. Of course you interact with the grads more often, as they are around your level and know what position you are in. But even the very senior people are keen to help you out. Myself and another intern had a 2.5 hour meeting with a company director where we just chatted about TW and how to work your way up in the business. To take the time out of their day, when they are as important as he was, shows they really value their interns.

I was provided a line manager who was responsible for over-seeing my placement. He made sure that I had work to do, was coping with the work given to me by other employees and arranged meetings with various people for me to meet. He also answered plenty of my questions!

There was always work to be completing, and when I had finished some project work, I was provided more to do by someone else. I was always busy, even when there was a lapse in work for an hour-or-so, the grad recruitment team had given us a small project to do, which helped fill in these gaps.

I was placed on internal projects that were important for future potential client use. This meant mistakes where not so costly, and I wasn't pressed with deadlines, but that the work I was doing mattered and TW trusted my skills enough for me to do it. Another intern was given some billable work, so he was actually earning money for the company while he was working! Help was always at hand though, so it was never too much.

I have learnt so much from my placement. From the small things, like the shortcuts in excel and using different software, to the large things, like learning about the life insurance industry and how TW RCS operates within it. The later may not be so applicable to my degree, but it made me relise how the basis of what I am studying is used heavily in the industry. I was introduced to GARCH models while modeling interest rate risk, which is something I will be learning in my final year at uni, which is a big help!

Relaxed and friendly, but hard working atmosphere

I was set out on projects that spanned over particular days, meaning that I always had something to do and that they associate mentoring me knew what I was doing etc.

Spent a lot of time trying to increase our knowledge of the industry/company. Also keen to teach us basic actuarial knowledge, with a view we would take this further as a grad.

TW will take you on as a grad dependent on performance as an intern. As a graduate, TW pay for all your materials and exams to become a qualified actuary, to which they also provide extensive help through study days and tutorials etc. It seem like the best way to become a qualified actuary.

The social scene was good, I went to the exam drink social (whihc had a great tab!) and a boat party with the actuarial society. I also went out for lunch every friday with the people from my office as well as playing in a company sports match.

Socialising is not cheap in London. I was lucky to live at home during my internship so cost of living wasn't much of an issue for me.

Great, If you have the money!

I was always asked if I wanted to participate, from the company fantasy football league to evenning social events/lunches