My career path to date
I have worked at LCP in the Insurance Consulting department for nearly one year as an analyst. I previously interned at LCP for two months during university and also for a month during my gap year after university.
A day in the life of…
I often start my day with catch up meetings with the team members on the projects that I am working on. During these times, I get a good idea of what we’re aiming to accomplish for the week and what my role will be. The majority of my work is on reserving projects for Lloyd’s Syndicates and commercial insurance companies. This involves data processing, claims projections and presenting results to more senior members of the team.
I also like to get involved with the Diversity & Inclusion events that go on in the company, e.g. I helped to host a Diwali celebration we had.
What attracted you to your role?
I really liked the statistical/mathematical side of my degree and becoming an actuary would allow me to continue to use the knowledge I had gained.
I also liked the fact that I would be working towards the actuarial qualification which meant I would always be learning new things.
Working within a consultancy, I enjoy the fact that I will be able to get involved with talking with clients and furthering my communication skills both via reports and presentations.
Do you have any advice for anyone wanting to enter the profession?
Explicit experience isn’t a necessary requirement. Instead show that you have a real interest in the industry and the role you are applying to.
Outline any transferable skills you have gained in other experiences.
Programming skills are becoming increasingly more relevant and have been introduced in the actuarial exams. Any practice you can get in coding programs, such as R, beforehand is a great bonus.
I chose LCP largely because of how friendly and welcoming the company felt – and still feels now, even in this virtual environment!
Working in a consultancy as opposed to an in-house role also allows me to be exposed to a wider range of projects which I really value early on in my actuarial career.
Due to the graduate programme there are many people at a similar stage to you in their careers and I enjoy working with a lot of people my own age.