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Barnett Waddingham LLP

Actuarial and Investment Consultant Review

at Barnett Waddingham LLP

Internship (1 Month+)

Actuary

Glasgow

Review Submitted: July 2022

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.
Learning about pension scheme funding arrangements, training on compliance with regulators, report drafting and calculations of transfer values using excel. Attending webinars, teams meetings with other colleagues and market outlook calls
Were you given much responsibility during your placement / internship?
Yes, though not dealing directly with clients. Rather, by drafting reports that would be read by employers, trustees and even drafting documents such as implementation statements, which are publicly available to anyone. Performing checks on CETVs for members and creating spreadsheets to check the updated CETVs under new actuarial assumptions.
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 developed my,
professional communication skills through office based experience.
analytical skills through performing complicated transfer value calculations
Technical skills with Microsoft Word and excel for report generating and spreadsheet work.
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?
The staff were helpful and supportive, plenty of training resources were also available throughout the internship.
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 culture stood up to expectations set at the induction. I felt valued as an intern and felt respected by the colleagues there.
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 loved the placement. It gave me new insight into the actuarial profession that I now find myself focusing on. Before, I considered it an optional career path out of many. But now, I feel like pursuing the career further with more enthusiasm than before.
Please rate your level of enjoyment on your placement / internship
5/5
Please rate how your experience met your expectations
5/5

Future Career Prospects

Please rate the future employment prospects at Barnett Waddingham LLP
5/5

Recommendations & Advice

Would you recommend Barnett Waddingham LLP to a friend?
Yes
What advice would you give to others applying to Barnett Waddingham LLP
Tailor a cover letter specific to the company. Do research about BW as it is an interesting company and it will help you in your application. Try to familiarise yourself with how pensions work and the calculations involved with deferred annuities. Most importantly, be yourself and be kind as this is a huge part of the culture at BW
In This Review
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