Prudential Regulation Intern Review
at The ABI
Internship (1 Month+)
Insurance and Risk Management
London
Review Submitted: August 2023
Overall Rating
4.9 /5
The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!
4/5
-
Overview of Role
4.8/5
-
Skills Development
5/5
-
Support and Guidance
5/5
-
Company Culture
5/5
-
Overall Experience
5/5
-
Future Career Prospects
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis.
- Creating a presentation on ESG reporting for the insurance industry.
- Drafting responses to consultations and sending alerts to regulatory updates to member firms.
- Assisting in the ABI response to consultations surrounding Solvency UK.
- Drafting responses to consultations and sending alerts to regulatory updates to member firms.
- Assisting in the ABI response to consultations surrounding Solvency UK.
Were you given much responsibility during your placement / internship?
I felt I was given responsibility by actively reaching out to members and helping the team draft responses to consultations, alert members. I was able to help analyse consultations and assist the team on subject areas that were not needed and was continuously made to feel part of the team. My main project will be used to inform members of ESG reporting requirements in the industry, which I feel is very rewarding.
Please rate how meaningful the work you were doing was
4/5
Skills Development
Have you learnt any new skills, or developed your existing skills?
I feel as if I have developed not only my industry knowledge, but my business knowledge and interpersonal skills. I was able to research a topic in depth and present to the Chief Sustainability Officer as well as the regulation team, which was a great experience to be able to see the culmination of my work here at the ABI.
How would you rate the training provided during your experience?
4/5
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
Support and Guidance
How much support and guidance did you receive during your placement / internship?
I was given lots of support as within the first week, I was able to attend HR, IT and Directorate Support workshops to help us settle into our roles. Throughout our internship, we were given a mentor to advise us on our personal development whilst we are here, and also given placement buddies. Line managers were always happy to help and I had regular, frequent meetings to talk about my progress.
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
Company Culture
What was the company culture and general atmosphere like?
The ABI is very friendly and everyone is willing to help and chat about any advice or guidance. You will frequently speak to those outside of your team, and the ABI puts effort into making sure that employees are cared about. During my time, we had a wide range of social activities and were encouraged to also set 1:1's with whoever we wanted to speak to. The Director General, Hannah, was also very welcoming and willing to talk to us about our time here.
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?
5/5
Overall Experience
To what extent did you enjoy your placement / internship?
I thoroughly enjoyed my internship, I feel as though I learnt a lot from everyone I have met and this really opened me up to the world of insurance and long term savings. The atmosphere at the ABI is very supportive and you can tell that the company cares about your personal development as well as your career.
Please rate your level of enjoyment on your placement / internship
5/5
Please rate how your experience met your expectations
5/5
Future Career Prospects
Please rate the future employment prospects at The ABI
5/5
Recommendations & Advice
Would you recommend The ABI to a friend?
Yes
What advice would you give to others applying to The ABI
Be honest and passionate about the role you're applying for. As a trade association, ABI first and foremost is looking to help insurers and policyholders understand policy changes and regulations in the industry and is therefore a place to work if you care about your wider impact. By being passionate about the application and the role you will find the best fit for you.
