Pension Actuary Intern Review
at WTW
Internship (1 Month+)
Actuary
London
Review Submitted: August 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
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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.
As an intern, you are set dynamic tasks, such as a research project, helping with calculations and reports, interaction with clients and data mining. You gain experience and understanding on how an organisation works within the pension industry. Within the first 3 weeks, you also receive technical and software training and after the 3 weeks, you put the training to use and gain a better understanding behind calculations and processes.
Were you given much responsibility during your placement / internship?
There is just the right amount of responsibility for an internship. I am involved in a variety of different projects, which led to completing many different tasks , from data mining to transfer value calculations. There was a lot of exposure to business through large and small sized pension schemes, as well as for corporate and trustee clients. Everyday had different tasks to do and the majority of tasks were meaningful and useful to the client.
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 a better understanding on how pension schemes run, due to internal training and gained first-hand experience working with data and doing calculations independently. I have also developed my organisation skills, especially when I am working with many different clients and completing different tasks. I have also gained better understanding behind calculations and why they are needed. Another skill which has been developed is my communication skills, especially within a professional working environment.
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?
Within the first few weeks, I was given a lot of support from my line managers, training presenters and buddies, along with catch-ups with managers, seniors and buddies to help me settle in and ensure that I am enjoying my experience. When I began to independently work and was introduced to the wider team, everyone I worked with on projects and client teams were extremely supportive and very easy to talk to.
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?
There were many social events and activities arranged every week, from bowling to softball as well as going out for drinks and every event encouraged interns to join. There is a great atmosphere at the office, everyone enjoys working with one another and there is a great mix of diversity and cultures. There were also a lot of charity and voluntary initiatives from charity runs to cycles and many webinars on causes such as dementia.
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 really enjoyed my internship at WTW and would encourage anyone looking for an internship , related to pensions or actuary, to apply. The company has a great culture and they do their best to ensure that you enjoy your time at WTW. I found the work was very interesting and enjoyed working with different clients and also working with different client teams, since everyone I worked with were easy to talk to and supportive.
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 WTW
5/5
Recommendations & Advice
Would you recommend WTW to a friend?
Yes
What advice would you give to others applying to WTW
Try not to be anxious or nervous when interviewing since the interviewers are very supportive and have been in your position before so understand the process and how nerve-racking it can be. Also the work environment is very friendly and to not be afraid to talk to senior staff. Another helpful tip is that WTW has a lot of opportunities and roles and the career path is more exciting than you first think.
