Actuary Review
at Allianz UK
Level 3 Apprenticeship
Insurance and Risk Management
London
Review Submitted: June 2023
Overall Rating
4.6 /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
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Overview of Role
5/5
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Skills Development
4/5
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Structure and Support
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis:
5/5
My job entails evaluating and controlling risks in the financial and insurance sectors. I regularly analyse data, create models, and employ statistical methods to assess the likelihood of events and their financial consequences. In addition, I work with groups to create pricing plans and make sure regulations are followed precisely.
To what extent do you enjoy your programme?
5/5
Working as a financial analyst gives me a lot of happiness. I feel fulfilled when I get the chance to evaluate financial data, address challenging issues, and participate in strategic decision-making. I relish the difficulties and the opportunity to significantly contribute to the company's success.It is intellectually stimulating.
Skills Development
Have you learnt any new skills or developed existing skills?
5/5
I have actively sought out opportunities to acquire and hone new abilities over my tenure as an actuary. My skills in statistical analysis, data modelling, and risk assessment methods have improved. In order to properly communicate difficult actuarial concepts to stakeholders, I have also improved my communication and presentation skills.
Structure and Support
How well organised/structured is your programme?
4/5
The programme I work on is very disciplined and organised. It adheres to a well-established framework with distinct goals, deadlines, and milestones. To promote optimal workflow and communication, standardised procedures and standards are in place. The program's framework makes it possible for team members to collaborate more efficiently and accountably.
How much support do you receive from your employer?
4/5
They provide me with excellent support. They give me the tools, resources, and advice I need to be successful in my job. The workplace promotes a collaborative atmosphere where I can ask for help from coworkers and management as needed, ensuring I have the backing I need to do high-quality work.
How much support do you receive from your training provider when working towards your qualifications?
4/5
My training provider provides me with excellent assistance as I pursue my actuarial credentials. They provide thorough study materials, mentoring from knowledgeable mentors, and chances for networking and teamwork. The training provider makes sure I have the tools and support I need to succeed in my actuarial career profession.
How well do you feel that your qualification (through your training provider) helps you to perform better in your role?
4/5
I firmly believe that the certification I received considerably improves performance capacity. I now have the knowledge and skills required to analyse risks, manage them effectively, make wise decisions, and provide value to my organisation because to the demanding coursework, hands-on training, and industry-specific information I learned during the qualification process.
Are there extra-curricular activities to get involved in at your work? (For example, any social activities, sports teams, or even professional networking events.)
4/5
There are a variety of extracurricular activities offered. We regularly participate in social events including business trips, holiday parties, and team-building exercises and chances to join sports teams or take part in wellness programmes. In order to promote contacts and professional development within the sector, professional networking events, workshops, and seminars are also organised.
Recommendations & Advice
Would you recommend Allianz UK to a friend?
Yes
Why?
The business supports its employees' growth and has a strong commitment to their personal and professional development. The organisation promotes teamwork, values work-life balance, and offers the tools needed for success. Overall, it's a fantastic location to develop a happy and rewarding career. The company offers a well conducive workplace also.
What tips or advice would you give to others applying to Allianz UK?
When applying to a company like this, it's important to do your research on the field, highlight transferable skills like teamwork and financial analysis, show flexibility and problem-solving aptitude, and prepare for interviews by matching your answers to the interviewer's objectives. It is also good to have the mindset of working.
