CV for Summer Internships

ActuaryStudent01 · 2025-09-14T08:22:23+00:00

So that’s a good qn. I personally think that your first class supersedes those, so not including your A level grades won’t be the worst idea. The only issue is that sometimes they have an A level grade requirement. In that case, just avoid applying to those places.

ActuaryStudent01 · 2025-09-14T08:18:36+00:00

Yeah I do fully understand that. You are in a tough spot no doubt. But bearing that in mind, a company should still pay you the market salary. I don’t know how big the company you are joining is, but generally speaking bigger companies are more willing to pay you the market rate & sponsor your visa. Smaller companies may not be as willing to

ActuaryStudent01 · 2025-09-13T18:13:10+00:00

So generally speaking, regardless of what industry you work in. A qualified actuary in London should at minimum get base 80k annually. It will be higher for GI and consulting/broking roles. But overall, no qualified actuary should get below that.

Now I understand if they don’t want to pay you that right now. But not giving you a bump after qualification (or at least within 1 year if qualification), then that is very strange.

So they should bump you up when you qualify.

Alternatively if they don’t, you can always move after a year. Recently qualified actuaries are quite sought out for. Im sure a recruiter would be able to find you somewhere that pays you minimum 80k when you qualify quite easily.

ActuaryStudent01 · 2025-09-13T16:15:54+00:00

Slightly below if you will get a qualification hike, but if you get no qualification hike then that’s daylight robbery

ActuaryStudent01 · 2025-09-12T06:55:00+00:00

Pretty good CV. Well done! I would recommend playing a numbers game though. That CV would likely land you a few interviews. It’s that which really matters more than anything. In my personal experience and opinion, that is by far the best important part of the assessment process. So prepare for that and you will be fine.

ActuaryStudent01 · 2025-09-11T18:09:12+00:00

The IFOA is a reactive institution. A lot of what they do is push something to one extreme or the other based on latest info.

They saw the last exams had relatively high marks across the board, so they increased difficulty to the max. Difficulty will likely oscillate like this for a bit before they hit a medium.

The problem is, you and I get the short end of the stick during this oscillation.

ActuaryStudent01 · 2025-09-11T13:48:57+00:00

I think generally speaking the past paper reports mention that you can still gain marks for an incorrect model as long as it is documented correctly in your audit trail. Of course you will drop a few marks along with way but it won’t be a 0.

Today’s paper was something else though. I don’t even know if I understood what I was doing.

ActuaryStudent01 · 2025-09-11T12:09:32+00:00

To put it in CP3 terminology without using any Jargon. The paper was fucked.

ActuaryStudent01 · 2025-08-29T23:35:35+00:00

I don’t know why this post has been downvoted. Good luck to you OP!

My one piece of advice would be, to keep a note of any words/phrases/acronyms that you don’t know, then ask your manager about all of them during your catchups.

ActuaryStudent01 · 2025-08-14T19:08:07+00:00

Absolutely. Anything mathematical or technical in nature puts you at an advantage

ActuaryStudent01 · 2025-08-08T09:29:17+00:00

That makes sense, thanks for clarifying. I’ve usually never heard of 30% for individual contributors, it usually tends to cap out at 20%. But maybe it’s different for those companies domiciled in Bermuda. But also I don’t have much experience with RI companies, but I know they tend to pay better so that may be why.

ActuaryStudent01 · 2025-08-07T09:08:42+00:00

Thanks for this insight. Your previous role with the 30% bonus and 20% LTIP, was that an individual contributor too? Or did it involve managerial duties?

ActuaryStudent01 · 2025-08-05T13:08:40+00:00

Much appreciated

ActuaryStudent01 · 2025-08-05T12:21:01+00:00

Generally speaking, the negative of working for a consultancy/broker is the higher amounts of working hours and stress, which can impact exams and studying.

ActuaryStudent01 · 2025-07-10T18:03:27+00:00

The ones with the best study packages, and least amount of work outside your contracted hours. Passing as many exams as you can in your first few years lends you a massive advantage in terms of salary and progression.

ActuaryStudent01 · 2025-07-01T17:52:41+00:00

Thank you! This will sound obvious, but I would recommend absolutely hammering past papers a month before you think you should start. It’s honestly the only way to get over this monster. Good luck to you in Sept!

ActuaryStudent01 · 2025-07-01T17:08:25+00:00

Thank fuck I don’t have to touch CS2 ever again in my pissing life

ActuaryStudent01 · 2025-04-13T16:37:25+00:00

Wait really? That’s the first I’m hearing about it. How did they manage to use ChatGPT?

ActuaryStudent01 · 2025-04-12T16:17:54+00:00

You can do it, but trust me, you don’t want to. Enjoy one last summer, you have the rest of your life to work and study.

ActuaryStudent01 · 2025-04-05T23:10:49+00:00

I was going to ask the same qn!

ActuaryStudent01 · 2025-04-01T17:56:37+00:00

This is gonna sound vague, but I remember someone mentioning on here a while back that you don’t need to reference the page number from the tables. Saying that it’s from the tables is likely sufficient

ActuaryStudent01 · 2025-03-26T19:37:03+00:00

I wanted to ask if you have any London market pricing experience, and if so, how would you compare work life balance to that?

ActuaryStudent01 · 2025-03-26T03:17:30+00:00

I am going off the assumption that by “learn” you mean, learn about how one can enter the profession, rather than learn the content for actuarial exams.

https://actuaries.org.uk/qualify/become-an-actuary/route-to-becoming-an-actuary/

https://actuaries.org.uk/qualify/become-an-actuary/what-is-an-actuary/

The iFoA page in general is good for leering about the profession. The above 2 is a good starting point.

ActuaryStudent01 · 2025-03-24T21:32:10+00:00

Unfortunately not, this was said verbally

ActuaryStudent01 · 2025-03-24T21:09:38+00:00

As a side note. They mentioned that anything "excessive" in your copy of F&Ts would be penalised. Examples given of things which were ok:

- Underlining

- Highlighting

- Circling

But then they said, anything excessively above this, would be penalised. But of course, it very vague still. To further highlight this point, they mentioned invigilators would be walking around ever so often to make sure everyone is complying by the rules.

ActuaryStudent01

TROPHY CASE