WHAT IS THE PROGRAMME?
Deloitte Southern Africa
What is the programme?
The 4-day long AIS vacation work programme is facilitated twice a year (normally in January and July) at the Deloitte offices in Waterfall and the V&A Waterfront. This programme promises to give students insight into what our team does every day and where we think the insurance industry is going.
Students will be given the opportunity to meet a wide range of people from both our life and short-term insurance teams; interact with team members of various levels (from Junior Analysts to Directors) and join in on AIS team meetings and socials.
Throughout the week, students will gain hands-on working experience, exposure to the software that facilitates our work and an introduction to industry topics such as Solvency Assessment and Management (SAM) and IFRS 17. Students will also be able to test their own actuarial skills on either a life or non-life project.
We know first-hand that the road to actuarial qualification can be long and challenging. So, we will also give students insight into what it looks like once they enter the working world and how it compares to their time at university.
We know first-hand that the road to actuarial qualification can be long and challenging. So, we will also give students insight into what it looks like once they enter the working world and how it compares to their time at university.
Be prepared for a week of learning, problem-solving, networking, and most of all: fun!
Reviews:
“It was a lovely experience to explore some aspects of the consulting side of the actuarial profession, and to make the link between the theory that we, as students, learn in university, and real problems. The programme was appropriately organized and well-designed. The individuals who were in charge of the Vac Work students were really kind and took exceptional care of us, while also introducing the practicality of the tasks that we would soon potentially do. Foosball was fun ;)”
“I found the vac work programme to be an extremely informative and beneficial week. Being exposed to some actuarial work as well as having sessions with different people within AIS allowed me to gain an insight in to the day-to-day working of the AIS team.”
“I thoroughly enjoyed the vac work programme. I felt it extremely informative as it helped connect the dots of an actuary’s daily life. I also enjoyed the SCR market risk exercise as it was good exposure to work we can expect to do in future. I was also grateful for the AIS Team's warm welcome to us and feel that the team has a wonderful working environment.”
“It was a good learning experience and had the opportunity to meet some awesome people! “
“I had a really good experience taking part in the programme. Just to see the environment we might work in one day was very nice. What stood out to me most was how friendly and down to earth everyone was. I also enjoyed meeting and working with other students. I gained some confidence in the process and felt like the career is something worth working for. “
Who is it open to?
The programme is open to any student currently in their 3rd year or honours year studying Actuarial science.
- Why the AIS vac work programme?
- This programme is a great way to get a glimpse into what working in an Actuarial environment at Deloitte is like.
- Students will be given the opportunity to interact with many actuaries and team members within AIS.
- It is a great way to network!
- Students will gain exposure to some of the insurance hot topics, such as IFRS 17 and Solvency Assessment and Management (SAM).
- It provides a deeper understanding of AIS and the components within the AIS division.
- Students can establish themselves in the Actuarial industry before starting a job.
- Students are remunerated for participating in the programme.
Please note:
- Once the advert has been sent out, applications are done online with the link provided.
- If a student that does not reside close to Waterfall or the V&A Waterfront is selected, their accommodation and transport is not provided.
