Hannah Gillinson, Lane Clark and Peacock LLP

Hannah Gillinson is an actuarial analyst at Lane Clark and Peacock LLP. She has a BSc in mathematics and statistics from University of Warwick. She now has a few years' experience and has almost finished the process to become a qualified actuary.

How did you become an actuary?

I heard a lot about actuarial work at university so I applied for a two-month internship with my current employer to get to grips with the profession. I loved the work: it seemed the perfect way to put my passion for numbers to good use. When I was offered a job at the end of the placement, I didn’t hesitate in accepting.

What does your job involve?

My firm advises a variety of clients, including pension scheme trustees, employers and insurance companies, on a wide range of financial matters. My day-to-day responsibilities include building mathematical models, doing individual member calculations, drafting reports, and delegating tasks to and training less experienced team members. The diverse mix of projects keeps me on my toes. I’ll be doing ‘bread and butter’ regulatory work (eg pension scheme valuations) one day and more complex corporate work (eg advising companies on potential buy-outs) the next. I also have regular training to hone my presentation skills and stay on top of ever-changing legislation.

’The diverse mix of projects keeps me on my toes. I’ll be doing ‘bread and butter’ regulatory work one day and more complex corporate work the next.’

It’s daunting starting new projects from scratch, but the first time I saw a valuation through to completion – from preliminary data gathering through to sign off – was a real highlight.

Do people have the wrong idea of what an actuary does?

Actuaries aren’t ‘boring’ number crunchers: you do need to be comfortable with calculations but giving advice is at the heart of what we do. By the time you reach consultant level and are presenting at client meetings, communication skills and a cool head under pressure are just as important.

You're studying for a professional qualification. Do you have time for a social life?

Yes, the social aspect of the job is a big plus. The social committee arranges a lot of events, for instance I recently enjoyed a discounted trip to the ballet at the Royal Albert Hall. Studying and working full time can be hard work, but my employer is very supportive, offering me a day of study leave per week, and with just one exam (fingers crossed) standing between me and professional qualification, the end is in sight!