Summer Intern Review
at Nationwide
Internship (1 Month+)
Insurance and Risk Management
London
Review Submitted: August 2024
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!
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis.
• Reviewing and assessing whether products and procedures comply with the Financial Conduct Authority’s regulatory requirements. An example is reviewing the repricing policy for a Nationwide product to ensure compliance with the FCA’s principles; namely Principle 12 the Consumer Duty to support vulnerable members.
• Regulatory research and insight gathering to produce high-level easy to engage with, clear and concise Digests of regulatory changes for senior stakeholders and business functions. An example is summarising the new regulatory regime for the reasonable provision of cash deposit and withdrawal services.
• Reviewing pricing proposals ahead of formal governance to consider regulatory and conduct risks, collaborating with team members to inform upward briefing points.