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Volkswagen Financial Services

Risk Management Undergraduate Review

at Volkswagen Financial Services

Placement (10 Months+)

Insurance and Risk Management

Milton Keynes

Review Submitted: May 2025

Overall Rating

2.7 /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!

3/5 - Overview of Role
3/5 - Skills Development
3.5/5 - Support and Guidance
2.5/5 - Company Culture
2.5/5 - Overall Experience
1/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
I complete daily reports for different people internally, and also complete ad-hoc analysis for various different managers within the Risk department and the wider company. I complete 3 sets of daily tasks, all including excel analysis and formulas, as well as pivot tables, and macros. With these reports, I am responsible for receiving the data in the morning and raising any issues with the data should they arise to the relevant people, and then also circulating these reports when I have completed them.
Were you given much responsibility during your placement / internship?
I have a lot of responsibility regarding my daily and monthly reports, as well as any ad-hoc reporting. However, I did feel that I had a bit too much responsibility, as I was frequently left on my own with any ad-hoc projects I had to do, and I sometimes felt ignored when it came to feedback on these ad-hoc projects
Please rate how meaningful the work you were doing was
3/5

Skills Development

Have you learnt any new skills, or developed your existing skills?
I have learnt how to code to a moderately high level, including cleaning large data sets, writing formulas within code, and filtering large datasets based on these different formulas and cleanses. I am also a lot more proficient in excel than I was, having learnt how to use things such as pivot tables, various different formulas, and macros. It has also helped me with my interactions with managers, with some of the reports going to high level managers who I then have to explain my findings to.
How would you rate the training provided during your experience?
3/5
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?
2/5
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?
Not too much. I felt that beside my daily and monthly reports I wasn't really given any tasks and the majority of the projects I have done alongside my mandatory work have been a result of me taking initiative and desperately finding stuff to do. There have been times where I've needed support and I haven't received it, but most of the time I have found my manager very supportive. I have also found that if completing tasks for more important managers, I tend to get ignored and it is always a nightmare trying to find time to present to them. I had spent months on this long coding and data analysis project, and had tried to find a meeting with the head of Credit Risk as this was something that he had requested, and it ended up taking around 2 months from when I originally scheduled the meeting for us to finally meet, which was slightly frustrating given this was the only work I really had to do. I scheduled the meeting every week, and every morning when I got in on the day of the meeting and received an email saying he wasn't available.
How would you rate the support and guidance from your line manager?
3/5
How would you rate the support and guidance from the wider team?
4/5

Company Culture

What was the company culture and general atmosphere like?
There is a huge issue with people spending most of the time working from home, which I feel ruins the culture and atmosphere of the company. There are over 150 people in my department on my floor, and there are only about 50 people in each day. Sometimes I'm the only person on my floor. I organised a department wide bake off competition, and only 2 other people did it, out of the over 150 people in the department. When I joined, all the undergraduates said that there was a big department wide task that gets given by the head of department, and when I started he said that he'd be giving us a big department wide task, and we haven't had that.
How would you rate the inclusiveness of the culture?
4/5
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?
2/5

Overall Experience

To what extent did you enjoy your placement / internship?
I don't regret doing it, but I haven't enjoyed it as much as I had hoped. It hasn't been as social as I had hoped. The previous undergraduates sold it as it being quite a nice community where we all did social stuff together, like you would at university, but it hasn't been like that at all. I also haven't found it as challenging as I had hoped, and sometimes I feel like I'm just treated as someone to do the rubbish and pointless tasks that no one else would want to do.
Please rate your level of enjoyment on your placement / internship
3/5
Please rate how your experience met your expectations
2/5

Future Career Prospects

Please rate the future employment prospects at Volkswagen Financial Services
1/5

Recommendations & Advice

Would you recommend Volkswagen Financial Services to a friend?
No
What advice would you give to others applying to Volkswagen Financial Services
Try and do as much as you possibly can. Get involved with literally anything and try and make plans with different peoples, and get involved as much as you can when you first start, asking for more work that you find interesting.
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