1. Please give an overview of your role and what this involves on a day-to-day basis:
Worked as a Pensions Actuarial Consultancy Summer Intern in the Retirement Investment Business at Aon Hewitt. During my time at Aon Hewitt, I was able to work on a range of clients, developing my technical and consulting skills.
Role included: - Using modelling tools to work out values of pensions - Assisting to prepare first drafts of pension schemes for clients - Preparing hand calculations for pensions
2. Have you learnt any new skills or developed existing skills?
I learnt many skills during my time at Aon Hewitt. We worked as a team at time which improved my team working skills. Additionally, I was responsible for some important documents which needed to be submitted before a certain deadline so I showed I could work under pressure and deliver when needed to. Hence, the role enabled my to develop that existing skill.
3. To what extent do you enjoy your programme?
I had a great time on my work experience as it gave me a proper insight into what I will be doing as my future career as an Actuary. Some aspects were boring but it was mostly enjoyable, especially interacting with fellow colleagues and clients that we were working with. It was fairly sociable as well which was really good.
4. How valued do you feel by Aon?
As a work experience student, I felt as if they could have given me a few harder tasks. However, I understand that much of the work they undertake is private and confidential so there's not much I could help with. All in all, I was treated well and the senior figures constantly kept checking up on me to see how I was doing so that was nice.
5. How well organised/structured is your programme?
It was fairly well structured with them giving me a work experience pack where I was supposed to carry out a few tasks. However, I ended up just helping my colleagues as I felt that was more useful and 'real life'. They talking to me about future exams and training so that was helpful.
6a. How much support do you receive from your training provider?
6b. How much support do you receive from your employer?
I ended up just helping my colleagues as I felt that was more useful and 'real life'. They talking to me about future exams and training so that was helpful. I was treated well and the senior figures constantly kept checking up on me to see how I was doing so that was nice. I had a great time overall.
7. How well does your salary/package meet your costs?
This was an unpaid work experience however I was reimbursed for travel and food which was really good and swift. The salary packages do look very good at Aon from a glance and I certainly will be applying there in the future as the salary does look high in comparison to other insurance firms.
8. Are there many opportunities outside of work?
I sat in a meeting once on a Friday and they were organising parties and company events. So, from a glance it looks very social and would surely help to build team work and team spirit. When I wasn't working, we used to chat in the kitchen and go for walks so that was relaxing and fun.
9. Would you recommend Aon to a friend?
I certainly would recommend Aon to a friend. This is because it gave me a greater insight to the profession. I learnt many skills during my time at Aon Hewitt. We worked as a team at time which improved my team working skills. If you want to see what an Actuary does, this would be a perfect experience.
10. What tips or advice would you give to others applying to Aon?
Email them and hopefully they will be able to accommodate you. There were no interviews or assessment days. When I was there, I was told that the application process was tough and rigorous and only the very best candidates are selected. They also said it would be helpful if you did a quantitative degree to help with the job so before you choose your degree, bear this in mind.
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