Actuarial Apprentice at Aon

Start Date:
2018
Location:
Greater London
Programme Type:
Apprenticeship - Higher Level (Level 4/5)
Salary:
£18,750 annually
Review Date:
April 2019

Review Score

9.5 /10

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

10/10

My junior role at Aon consists of basic pensions based actuarial calculations, management of client work and picking up work from senior colleagues. I will complete CETV calculations for clients, update factor models in order to generate new factors and assist in creating reports, for example in valuations and funding updates.

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

10/10

I have learnt lots of new skills as well as developing exisiting skills. Time management is a skill which has developed, as I have to balance work with different priorities and ensure I get work to colleagues by certain deadlines. I have also had an increased effciency in being meticulous with detail, to ensure work is not given back to me for simple mistakes.

3. To what extent do you enjoy your programme?

10/10

I very much enjoy the programme, but I enjoy the job more. The apprenticeship feels very much aimed at increasing my knowledge around my job role and as such, helps me with my day to day job. The study aspect allows me to take a step back from work, and focus on something else.

4. How well organised/structured is your programme?

10/10

The programme thus far seems organised and has lots of material to help. There is monthly catch ups with my coach, monthly tutorials for my exam, an extensive VLE for my exam, and a detailed textbook. I always know what is happening next, in regards to my apprenticeship, and I know where to go for specific problems.

5. How much support do you receive from your employer?

10/10

My employer gives a lot of support in regards to my apprenticeship, with giving me 8 study days per exam, on top of half a day a week apprenticeship time. My manager seems interested in the work I am doing on my apprenticeship, and there is lots of easy ways to manage time spent on my apprenticeship.

6. How much support do you receive from your training provider when working towards your qualifications?

10/10

My training provider gives lots of support, in different ways. My coach is always available for questions, and has monthly catch ups with me. There is a virutal learning enviroment, in which there are videos for specific aspects of the exam, and questions. There is also tutorials aimed at teaching us about all parts of the textbook.

7. How well do you feel that your qualification (through your training provider) helps you to perform better in your role?

7/10

Initially, I feel the qualification is a stepping stone, and not directly linked to the work that I do (the module 0 exam being purely maths based, and not directly transferable knowledge). However, this first exam allows me to build a steady base of maths in which I can perform better in my role.

8. Are there extra-curricular activities to get involved in at your work? (For example, any social activities, sports teams, or even professional networking events.)

9/10

There are lots of different activies to get involved with, nationwide of Epsom based. We have a social team that organise different events for everyone in the office, as well as 5-a-side football every tuesday. There are plenty of networking events, which I have not attended as of yet, based mainly in London.

9a. Would you recommend Aon to a friend?

Yes

9b. Why?

Aon is a great company to work for. I genuinely feel that everyone in the office is happy to be working for Aon, which in turn keeps everyone with high moral. The work is challenging, but rewarding. The way the teams work allows me to interact with lots of different people, junior and senior, and build a relationship with the majority of the office.

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

I would encourage everyone applying to be genuine, and just to show you have a passion for maths. The colleague that interviewed myself was friendly, and seemed to just want to know what type of person I was, inside and outside of work, to ensure that I was the right fit for the company.

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