Risk Industrial Placement Review
at Lloyds Banking Group
Placement (10 Months+)
Insurance and Risk Management
London
Review Submitted: May 2024
Overall Rating
3.1 /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
3.5/5
-
Skills Development
3.5/5
-
Support and Guidance
2.8/5
-
Company Culture
3/5
-
Overall Experience
2/5
-
Future Career Prospects
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis.
I developed and maintained credit risk models for business banking and small-medium enterprise customers. On a day-to-day basis, this involved writing SAS and Python code to produce analytics, using Excel and Power BI to visualise these analytics, and communicating with stakeholders to explain the 'so what' behind them.
Were you given much responsibility during your placement / internship?
While I did not directly manage any projects, I was assigned critical work for the projects I was involved with and was often working independently.
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?
Programming wise, I have learnt to code in SAS and developed my Python and SQL skills. For data visualisation, I have also learnt to use Power BI and developed my Excel knowledge. The main area of improvement was my soft skills: I have massively improved my organisational skills and my written and verbal communication skills.
How would you rate the training provided during your experience?
2/5
How would you rate your development of industry-specific skills during the experience?
3/5
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
4/5
Support and Guidance
How much support and guidance did you receive during your placement / internship?
I had excellent support and guidance during my placement. My team was welcoming and had a huge wealth of technical experience and business accumen.
How would you rate the support and guidance from your line manager?
4/5
How would you rate the support and guidance from the wider team?
3/5
Company Culture
What was the company culture and general atmosphere like?
Initially the company culture and general atmosphere was very good. However, due to the numerous reshufflings that occured during my placement, I felt that the company culture and general atmosphere shifted somewhat negatively.
How would you rate the inclusiveness of the culture?
2/5
How would you rate the social opportunities?
1/5
How would you rate the diversity initiatives?
3/5
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 found the work I did interesting and at times enjoyable. However, there were a lack of social opportunities.
Please rate your level of enjoyment on your placement / internship
3/5
Please rate how your experience met your expectations
3/5
Future Career Prospects
Please rate the future employment prospects at Lloyds Banking Group
2/5
Recommendations & Advice
Would you recommend Lloyds Banking Group to a friend?
No
What advice would you give to others applying to Lloyds Banking Group
The roles within a single department are very varied. I would encourage IPs to look for shadowing opportunities to get a better sense of what Lloyds can offer.
