Actuarial Intern (Retirement) Review
at WTW
Internship (1 Month+)
Actuary
reigate
Review Submitted: August 2021
Overall Rating
4.4 /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
4/5
-
Skills Development
5/5
-
Support and Guidance
5/5
-
Company Culture
4/5
-
Overall Experience
4/5
-
Future Career Prospects
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis.
I took part in a comprehensive, intensive training programme for the majority of the first 2 weeks. Most of my work involved carrying out individual pension calculations on Microsoft Excel for various defined benefit (DB) pension scheme clients. In addition to this, I assisted with a triennial valuation project for a major pension scheme. Also, I was given various ad hoc data processing and analysis tasks to complete, as well as a research project on valuations concluding in a presentation at the end of the internship.
Were you given much responsibility during your placement / internship?
Yes, I got the opportunity to work on real client work for some of the largest pension schemes in the UK. I was treated with respect by both junior and senior members of the team and my views were valued and appreciated.
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?
Yes, I improved my Microsoft Excel skills as well as my technical actuarial knowledge. I also developed my ability to work in a team and communicate effectively.
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?
4/5
How would you rate your development of personal / soft skills during the experience?
4/5
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 was given a lot of support and guidance. I was paired with a buddy from my team who assisted me with work and guided me through various processes. There was also a lot of formal technical training sessions which were carried out online.
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 company culture was very friendly and everyone I worked with was approachable and respectful. People were very social and seemed to enjoy their work overall. Sometimes I was expected to work outside of my contracted hours and so did many of the permanent employees but I was always thanked for doing so.
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 enjoyed my internship. It was a good introduction to actuarial work and the people I worked with were friendly and approachable. Despite the internship being a work-from-home experience, it was conducted in a relatively smooth manner so the experience was similar to an office-based internship.
Please rate your level of enjoyment on your placement / internship
4/5
Please rate how your experience met your expectations
4/5
Future Career Prospects
Please rate the future employment prospects at WTW
4/5
Recommendations & Advice
Would you recommend WTW to a friend?
Yes
What advice would you give to others applying to WTW
Make sure to do your research on the firm, actuarial work and the pensions industry before your assessment centre. Also, prepare for competency questions using the STAR technique and practice setting up your camera and microphone before any video interviews.
