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Posts tagged ‘actuary’

160. First Day of Work!

I’m at one of those funny stages in life where I KNOW that my life is going to completely change. No more can I be a scruffy student attending lectures and agonizing over maths problems… Nope now I’ve got to be a classy sociable consultant (such a fancy term for basically chatting to people). And there’s nothing quite like your first day at work for that to hit home. A part of me is very sad to leave the security and tight knit friendships formed at Imperial but another part of me is equal parts excited and scared out of my mind about what’s to come.

Considering I’d done an internship last Summer with the company I’m joining I should have been more relaxed, but there was so much I’d forgotten and so many new people to meet. We literally had information overload today and we have so many administrative to complete and pre-reading before our training next week. Day one and busy already! On a positive note however lots of people remembered me so that was nice!

The emails feel overwhelming. I remember feeling like this at the start of the internship. Every time I thought I had my inbox in control, I’d receive another bucket load of messages. However I got used to it. I’m hoping I’ll get used to it again…sooner rather than later. It’s weird having to balance so much stuff simultaneously when I’ve spent the last year completely focused on two or three modules. It looks like Outlook’s calender and task panel is going to be my new best friend.

But hey I survived my first day! Let’s see what tomorrow brings! It can only get better right?

What do you guys think of my new glasses?

What do you guys think of my new glasses?

Me and Shakira at reception!

Me and Shakira at reception!

On a semi related note, with work starting I’m not sure how much time I’ll have to dedicate to this blog. However I have every intention of keeping it going even if it means writing posts on the tube like I am right now!

Over and Out!

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114. I’m getting moneyyyy

Well actually I got a job offer. Same thing. I thought I would hear back from Towers Watson in early September so this came as a real shock. The first time they rang, I was in the shower. When I phoned back, they were busy. By the time they replied, I had lots of family around so I had to literally scream EVERYONE SHUT UP… please.

But yeah I got my first job offer on the back of my first internship which I got from my first assessment centre. That’s quite a statistic. I feel very lucky but at the same time I worry I have like no interview experience which might pose a problem in the future. But this isn’t the time to fret about that.

I should add I haven’t accepted yet. Thought I’d keep them waiting for once 😛 Nahhh I wanted to discuss it with my parents first and really process it so now I have until the end of the week to respond.

The pay is decent but not as high as I aspired. However there are quite a few perks with the job, the most important being that they’ll pay for my study package (I gotto take exams to become an actuary…) and I’ll get approximately one day a week off to revise. They’d also get me into their pension scheme, give me a free phone, private medical insurance..useful stuff.

So yeah. A job offer waiting for me after I graduate…a nice position to be in. I can do my best during my final year of uni and not worry about what’s coming next.

All the interns at my office. I hope they all come back!

All the interns at my office. I hope they all come back!

I was gonna talk about the fact that my project group won the prize for ‘Most Innovative Team’ for the videos we made and how awesome we were as a group (see post 111. Go Beyond!) but this news kinda trumps that. Oh well.

team fast forward

Team Fast Forward!

There you have it. The end of my internship but the start of my career at Towers Watson.

Over and Out!

[Note: The title and gif come from the song ‘Turn my swag on’ by Soulja Boy. Lol. ]

106. My Internship

I’ve just finished my third week at Towers Watson as an intern (working in Retirement). This means I’ve actually reached half way! The time has seriously flown by, probably because I’ve been kept so busy.

aliya

Enjoying the sunshine

Settling Down

There are 8 of us altogether in the Westminster office in Retirement. One is me, the other is Shakira and one of the dudes actually went to my secondary school (though he was in the year below me). So that’s 2 more people than most people usually know at the start of their internship. On top of that it’s 6 girls and 2 boys which is pretty unusual but all of this combined has just made it easier for me to settle down.

The Work

There’s no point me detailing the kind of stuff I do because it won’t make much sense. All I can say is that to work in this area, you need to learn so many new words and acronyms that it might as well be a Rosetta Stone course. Also because of government rule changes over the years, doing simple tasks becomes hella annoying because you have to look at each time period separately, there’s Pre 88, Post 88, Pre 97, Post 97, and the occasional Post 06.  Why you make this so hard?!

Initially I was a bit annoyed about doing things I didn’t actually understand. For example I use a very clever spreadsheet called Caps and Floors which works out the right interest rate for stuff. Essentially all I do is input a few values and it spits out a number. I have no idea how it’s doing this and from the viewpoint of a mathematician, I find it wholly unsatisfying but I have grudgingly come to accept that I don’t have time to work through the Black Scholes equation. Additionally I had very little financial knowledge coming into this. I didn’t know how gilts work (I do now..sort of) or stuff about bond yields which was a hindrance.

I haven’t done much Maths besides basic arithmetic (I miss it) but the numerical judgement I’ve picked up during my degree (eg. does this figure look right?) has been invaluable. It means I’m efficient when sifting through documents trying to find the right information and also when reviewing calculations on Excel.

I have a buddy who’s supposed to make sure I always have work to do but he’s a bit slow and this week he’s gone on holiday. Basically I’ve been pestering the people around me and they’ve been happy (a little too happy on occasion) to oblige. In contrast, Shakira’s buddy Timone gives her annoying technical tasks with incomplete instructions but he’s very nice so we forgive him.

IT Skills

I thought I was decent using Microsoft Office. I’m not. I have learnt so many little tricks in my time here.  Many of them are specific to the the TW Toolbar but just small things like the ‘track changes’ features in Word and ‘record transitions’ feature in Powerpoint has been… life changing. However, the biggest shock was Microsoft Outlook. I had NO IDEA how powerful it was. I’d never given it much attention before but seriously it puts Hotmail and even Gmail to shame. Its capacity to book meetings, check out other people’s schedules and track tasks has been invaluable. I will never dismiss it again.

Socials

Towers Watson is a very friendly place. The office is open plan so you literally can walk up to anyone and just say hi. As the new interns, everyone was really eager to meet us and find out our capacity to do some work for them 😛 There is always some kind of social event on the horizon whether it’s Friday drinks, a lunch or a boat party like we had this week. The inconvenient thing about them is that they all involve drinking. It’s like they can’t do anything if there is no alcohol. Every time I tell someone that I don’t drink, they give me a confused look. I guess I didn’t realise how important a pint was in British culture. I do now. And my god, it’s not just one pint they have, it is several. Where is all this liquid going? How are they constantly not peeing?! It’s a mystery to me.

However I’ve still been going to as many of the socials as I can. A highlight was the boat party. Great fun! I’m sure it was supposed to be used as an opportunity for (more) networking but there was a roulette table and I pretty much spent the whole evening there (no real money was involved before someone starts shouting at me for gambling during Ramadan- talking of Ramadan… Ramadan Mubarak!).

roulette

I’m feeling lucky….

Intern Project

Alongside all the work we do in the office, we also have an intern project. I’m in a group of 8 across three different offices and we have to co-ordinate making new videos for graduate recruitment. Other groups are making games to help prospective applicants decide what line of business they should go for and another is setting up TW’s Facebook and Twitter page. The project has been really fun so far and I really like my group, particularly a dude called Robert who is our project leader and also happens to have beautiful chiselled cheekbones 😛 Now originally we thought that we’d be interviewing people in the office… turns out we’re starring in them. That’s right we’re going to be immortalised on the TW website, saying cringey things like ‘open the door to your career at Towers Watson!’ *fistpump*.

reigate

This is where we’re going to be filming… the Reigate office (not my usual Westminster one)

Dress Code

I’m going to be honest- half the reason I was excited about this internship was because I’d get to dress up in nice formal wear. However that gets old real quick. First of all dresses and skirts are really annoying when you’re climbing stairs. Mine don’t have huge slits so my pace length is restricted and unless I hike the hem up, I definitely can’t run for my train. Trousers for the win! Furthermore, if I’m not wearing trousers I wear opaque tights and in this weather it is DISGUSTING. I can feel my legs continuously getting sweaty and drying. Actually gross. Oh and shoes! Both my flats and my heels hurt my feet if I wear them for too long. University has spoiled me- the only shoes that don’t hurt are trainers.

Thankfully we have dress down Fridays where I can chillax and wear my jeans and converses to work. Hoorah!

Okay this is getting really long now. I’ll leave it at that- don’t want to bore all of you!

Over and Out!

102. Crazy Week!

I only have a a few moments to write this post. This entire week has been unbelievably busy! I have started my internship with Towers Watson and I’m working in the retirement department . I’ve just finished my first week and it’s been quite interesting. I’ve spent quite a bit of time in training sessions, using Excel, calculating transfer values, learning lots of new lingo and sending A LOT of emails. It’s so different from university but everyone has been so supportive and helpful. I’m not entirely sure what I’m doing half the time but I am getting there… slowly.

Tomorrow morning, I am catching the Eurostar to Paris for my cousin’s wedding. Half of my (very large) extended family is already there and the rest of them are travelling with us. There’s going to be two days of crazy parties and then I’m returning on Monday morning. I’m super excited about this. It’ll be great to see everyone in the same place and it’s an excuse to dress up and dance about like an idiot. I’m going to get my balle balle on. And it’s all happening in Paris- the city of lurveee.

Gosh isn’t this beautiful?! ❤ Please someone take me there one day…. *sigh*

Okay I have to dash and pack but I have loads more to say about the internship and I’m sure there’ll be a few stories from the wedding. Eeeee!

Over and Out!