Risk & Compliance Intern Review

Item: Risk & Compliance Intern at M&G plc
Rating: 5
Author: Anonymous

at M&G plc

Internship (1 Month+)

Insurance and Risk Management

Stirling

Review Submitted: August 2024

Overall Rating

5 /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!

5/5 - Overview of Role

5/5 - 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.

Assessing the different types of risks that the business can be exposed to and the controls that are used to manage these e.g. supporting the updating of the company's 45 policy's and documenting them on excel, using a pivot table to ensure data accuracy.
Understanding the frameworks, committees and standards that support M&G to conduct its affairs to meet regulatory requirements e.g. communicating with different committee organisers on committee and paper submission dates, as well as helping organising a list of people to attend the RCC committee.
Getting involved in supporting business developments and projects from a Risk & Compliance perspective, and ensuring they are providing good outcomes for customers e.g. helping update the apprentice induction pack by identifying and implementing relevant information and creating a user friendly guide they can refer back to, also through my intern group project where we meet with relevant stakeholders to discuss advisor frustrations and came up with actionable solutions to increase advisor retention that we presented back to the business.

Were you given much responsibility during your placement / internship?

Yes, i felt responsible and accountable for my tasks.

Please rate how meaningful the work you were doing was

5/5

Skills Development

Have you learnt any new skills, or developed your existing skills?

I have learnt new networking, numerical and technical skills. As well as this i have applied and developed my communication, presenting and team working skills.

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

Support and Guidance

How much support and guidance did you receive during your placement / internship?

I felt very supported during my internship. I always knew who I could ask for help with tasks, this included my manager, buddy and Ashley & Nicole from the early careers team.