Work Placement - Actuarial Department Review

by Bank of England

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

Rating

3.7/5
  • The Role
    4.1
  • The Company
    3.5
  • The Culture
    3.4

    The Role

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

    • There are time when I have been unsure of what I have been doing, which can be stressful, but that is part of the learning curve. Overall it has been challenging and rewarding so far - which I what I had hoped it would be.

    4/5
  • 2. To what extent did you feel valued by your colleagues?

    • Everyone came and introduced themselves to me on my first day, and was always invited down to lunch with the team.

    5/5
  • 3. To what extent were you given support and guidance by management/your supervisor(s)?

    • I have weekly one to ones with my line manager, where I am able to express any concerns I have, or ask for help on matters.

    4/5
  • 4. How busy were you on a daily basis?

    • I have always had something to do. Some days are busier than others, but I have never been idle or overworked.

    4/5
  • 5. How much responsibility were you given during your placement?

    • I have been asked to write a report from start to finish on my own - I happy to say that this has given me a lot of challenging work and responsibility.

    4/5
  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

    • The training and the experience will surely help me when I apply for a graduate job.

    5/5

    The Company

  • 7. What was the general atmosphere in your office?

    • My department is quite introverted; people like to keep to themselves. As it is an open plan office, and i am unable to work in too much noise, I prefer it this way.

    3/5
  • 8. How well organised was the overall work placement or internship set up?

    • When I arrived I was given introductory material and then began working on a project. The beginning of the project was timed well with my arrival, and I have been talked through the entire thing.

    4/5
  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?

    • I was provided a training before staring the work.

    4/5
  • 10. What were the perks on your work placement?

    • Flexi Time

    Subsidised Canteen

    Staff Sales/Staff Shop
    4/5
  • 11. How appealing are future employment prospects within the organisation?

    • Although there is not a job that can follow directly from this internship, I am able to apply for the graduate scheme again this year; having the internship on my CV should certainly improve my chances.

    4/5

    The Culture

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

    • The entire department does have lunch together everyday, which was nice. Unfortunately there are never any after work drinks or socials organised.

    3/5
  • 13. What was the cost of living and socialising in the area you worked in?

    • Being in central London, everything was extremely expensive. Being on an intern's salary, not everything is affordable for me.

    2/5
  • 14. What was the Nightlife like in the area you worked?

    • There are a few good bars around. A short tube journey offers many more possibilities of things to do.

    4/5
  • 15. Were there many opportunities to get involved in activities outside of work?

    • There are regular networking events, gym classes and community affairs work which is available for everyone to get involved in.

    5/5
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Details

Internship (1 Month+)

London

January 2015

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