actuarial analyst apprentice at Aon

Start Date:
2011
Location:
St Albans
Programme Type:
Apprenticeship - Advanced Level (Level 3)
Salary:
£18,000 annually
Review Date:
February 2017

Review Score

7.6/10

1. Please give an overview of your role and what this involves on a day-to-day basis:

8/10

I am on an actuarial apprenticeship, where my day to day tasks vary. It ranges from calculation transfer values to running mortality analysis for different clients. It has given me lots of opportunities to learn new things and understand how pensions work and how big of an impact they have on companies.

2. Have you learnt any new skills or developed existing skills?

8/10

While working and learning, I have learned to mangage my time more wisely. I am currently studying towards my first exam which is expanding my mathematics knowledge and introducing me to mathematics used in actuarial calculations.

3. To what extent do you enjoy your programme?

10/10

So far I have had a great experience here! The people I work with are really welcoming and happy to help, Aon as a company have tried to help in building our network and our skills. The job itself is really interesting and it's exactly what I was looking for.

4. How valued do you feel by Aon?

8/10

Aon have put a lot of time and effort into me and the other apprentices. Before we started in our offices we all had 1-2 weeks, developing our basic skills and preparing us, so we would know what to expect before we start. Since then, my manager has regular informal meetings with me to make sure I'm getting on well, my workload isn't too big/small and I don't have any issues.

5. How well organised/structured is your programme?

5/10

The apprenticeship is well organised and well set up, making sure there are plenty of people to support me through. There is a clear target of how we should be propgressing in studying and in our work. However due to the actuarial apprenticeship being new, there doesn't seem to be a clear ending yet, so there is uncertainty as to when the apprenticeship will finish.

6a. How much support do you receive from your training provider?

9/10

We get a lot of support. I recieve a phone call once a month, and on every third month a face to face visit. This is to check that we are on target, making the progress we need to be making in work and in studying. I have also recently attended a webinar which covered half of the topics on my first exam and that was extremly helpful! really made things easier to understand.

6b. How much support do you receive from your employer?

8/10

I get lots of help and support from within the office too. I have a buddy who started the same appreticehsip as me last year, and he is great for asking the 'silly' questions. He helped me understand the culture of the office and helped me out with work that I was stuck on. As for studying I receive 8 study days for my first exam, and 3 hours a week during work which really helps.

7. How well does your salary/package meet your costs?

5/10

The salary is very good for the appprenticeship that I am on, and it is very competitive with the other apprenticeships that are available. Unfortunately for me, I travel a long way into work so it becomes quite expensive to get to work, and to park near my office is very expensive too.

8. Are there many opportunities outside of work?

7/10

There have been many events that have been created by Aon, or have been subsidised by Aon. The Sias ball was one recently, where Aon subsidised the tickets for us to attend and there we could meet other actuaries in similar positions to us.

9a. Would you recommend Aon to a friend? *

Yes

9b. Why? *

Aon have been a great company to work for and have really tried to develop my skills and attitude in work, so I would happily advise anyone to apply for this role or a similar one with Aon!

10. What tips or advice would you give to others applying to Aon? *

Just be yourself and show that you are enthusiastic about wanting to work. Proving that you are serious about the opportunity is what I think helped me. Don't be afraid to talk to other people when attending the assessment days or the welcome days, as it makes it a lot easier when you meet them again later on.

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