Insurance/Actuarial Analyst Review
at Centrica
Internship (1 Month+)
Actuary
Windsor
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
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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.
• Obtaining and validating input data
• Running simulations using @Risk (stochastic modelling tool)
• Sense checking results
• Preparing data (such as claims, holdings, temperatures) for input to a general linear modelling tool
• Amending models to give alternatives as part of validation work
• Running simulations using @Risk (stochastic modelling tool)
• Sense checking results
• Preparing data (such as claims, holdings, temperatures) for input to a general linear modelling tool
• Amending models to give alternatives as part of validation work
Were you given much responsibility during your placement / internship?
I was given a lot of responsibility within my team to both work on individual and team tasks that have and will have a long lasting effect on the team. I worked in accordance with regulations within the insurance industry which was a lot of responsibility for a summer intern.
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?
• Communication – both with my team and with other teams around the company. Learning how to best communicate with people of a different technical knowledge than myself was a challenge but something I feel I adapted to quickly.
• Excel Skills – I was lucky enough to have a wealth of experienced people around me that have taught me many Excel skills such as linear modelling, dynamic function, efficiency evaluation and best practices of data presentation. I also undertook my own research into areas that were important for me to progress the project.
• Adaptation to Technology – whilst initially working from home and online meetings were new for myself, I now feel confident doing both these things. I feel I have developed my technological skills greatly throughout the placement and now feel comfortable adopting a hybrid approach to work.
• Excel Skills – I was lucky enough to have a wealth of experienced people around me that have taught me many Excel skills such as linear modelling, dynamic function, efficiency evaluation and best practices of data presentation. I also undertook my own research into areas that were important for me to progress the project.
• Adaptation to Technology – whilst initially working from home and online meetings were new for myself, I now feel confident doing both these things. I feel I have developed my technological skills greatly throughout the placement and now feel comfortable adopting a hybrid approach to 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?
I had a line manager who acted as a great mentor. The wider team was great in helping me in any issues that I had too. My mentor/buddy was great and always there to ask questions if I had any. Overall, everyone cared for me and was more than willing to help me.
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 has a great work culture and encourages charity events greatly so that you can support both local and national initiatives. They also allow for volunteering days in which you can help the local community in many ways.
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 very much enjoyed my placement. I feel that I have learnt a lot throughout my placement, have learnt much from my team, and have had great support. Everyone went above and beyond for me, and the culture within the company was great. The placement well exceeded my expectations and I would love to go back.
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 Centrica
5/5
Recommendations & Advice
Would you recommend Centrica to a friend?
Yes
What advice would you give to others applying to Centrica
The interview process is challenging but rewarding. Just make sure to be yourself and enjoy as you go through the process. The diversity within the company is what inspired me to apply and I would say just be open and have an open perspective when starting on your first day and you will be just fine.
