Manulife intern gets actual exposure to actuarial methods
Jacky Ng Ching-leung (left) got his actuarial internship at Manulife with help from the programme leader of his bachelor's course. His role, which involved liaising with different departments, enabled him to see the inner workings of the company. Ng tells Wong Yat-hei he is confident his internship is crucial to his becoming a professional actuary.
What is your academic background?
I'm majoring in insurance, financial and actuarial analysis, at the Chinese University.
How do you start your day?
I greet my colleagues, and see if I can help with what they're working on. If not, I look at the electronic logbook and continue working on my tasks. My main area is doing special quotations.
What does your job entail?
For the special quotations I have to obtain data and approval from other departments, giving me the chance to communicate with and learn from colleagues. As a result, I have learned about our company's product features and work tools, and to properly present my findings to agents and clients.
What have been the major challenges?
Computer programming is my greatest obstacle, but the support from my colleagues has cheered me up.
What have you learned? Any plans?
Good communication, presentation and technical skills are crucial. My immediate plan is to do more business courses and then take the actuarial exams. I also want to do a master degree. I wish I can take up a management role with a bank or an insurance company.
Any advice for potential interns?
The eagerness to learn is of utmost importance. We should grab every precious opportunity to equip ourselves for the future.