Meet Analyst Nick Lennon

Date17th March 2022

Finity Actuarial Graduates

Did you always want to be an actuary?

Definitely not. I didn’t even know what an Actuary was until I was about 15. I found out what an actuary was when my brother commenced his university studies in Actuarial Science. I always enjoyed numbers and problem solving, but I also enjoyed communicating and trying to present my ideas to groups of people. After talking to my brother and researching what an actuary does myself, I found it was the perfect blend of numbers, communicating and problem solving and a great foundation for my career.

Why did you choose to work at Finity?

I had heard about Finity from older students and I had a general sense it was a great place to work. It was described to me once as ‘Actuarial Google’ and I think that ‘hits the nail on the head’. My first real impression of Finity was a presentation done by an analyst on autonomous cars at a careers event. After talking to people within the firm I found there was a great variety of work which is something I was definitely looking for. Additionally, I thought the culture was fantastic and considerable effort was put in to hiring people that would continue to enhance that culture. At the end of the day I felt I was a great fit for Finity! Finity was always my first choice for a graduate role, and after spending over 2 years here I know it was the right decision.

What does an average day look like?

For the past 2 years, I have worked on a variety of different projects and types of work. What an average day looks like really depends on the time of year! During the quarterly months, I work on a few different valuation projects which have been really helpful for my Part 3 exams. During the non-quarterly months, I try to seek out different pricing projects, such as setting day-1 rates for a new start up insurer. This was a great project as I was able to participate in client meetings with the company’s CEO as a graduate. Additionally, each month I work on pricing deconstructions for Finity’s Finesse product which again has a lot of client interactions – something I really value in the early stages of my career. For me it is true to say there is no ‘average day’. Everyone works on such a wide variety of projects, which keeps things fresh and interesting.

Aside from work, we have plenty of social activities like basketball, soccer, wine club, cross word club – the list goes on, but there is definitely something for everyone. Lastly, Finity throws a fantastic party! There’s the Christmas party, Finity birthday, Annual conference, Analyst conference along with the usual Friday drinks and Pub lunches. All are great ways to catch up with everyone in the office, including people from Melbourne and Auckland who fly in for the ‘big’ events.

What are the necessary skills required in your job?

The main skills needed to work at Finity are a mix of technical expertise, good communication skills and a love of learning. You need to have the Actuarial subject foundation you learn at university, and a decent amount of exposure to Excel, SAS and R. I also think you need to be able to communicate with your colleagues well – knowing content is great, but you really need to be able to explain your work to someone who may not have an Actuarial background. Lastly a love of learning is super important. There are some extraordinary people here at Finity who you can learn a considerable amount from.

What do you most like about your job?

The thing I love most about my job are the people of Finity. I’ve mentioned it before but the culture is honestly incredible – it’s such a great place to work. On top of this, there are so many smart exceptional people here to learn from. Everyone wants to help you grow and see you succeed. They really put the time in to help you learn if you seek it out.

How does Finity support Graduate employees?

The support of graduate employees is significant. Throughout the first year, we have multiple training sessions to prepare us in the technical aspect of the job. Additionally, there is great study support, with study leave, exam leave and GURU talks. GURU talks are conducted by principals or senior consultants who are experts in a given field – they take us through exam technique, industry practices and trends relating to the relevant topics for our exams. On top of this, everyone is willing and wanting to support us and help us learn. There is a real culture of helping you be the ‘best you can be’.

What advice would you give to graduates considering applying for a role at Finity?

My main advice would be to just be yourself (sorry, I know that sounds corny). I think Finity has done a great job at finding such a wide variety of people, with a wide variety of interests. It is this variety of thought that makes Finity such a great place to work.

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