Start Date: March 2025 or September 2025
Application closing date: 6th January 2025
Better Decisions Begin with You
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organisation, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
Wealth Solutions: Retirement
Join Aon as an actuarial consulting pensions graduate and discover how our global team of specialists help businesses make smart choices about their employees’ pensions — now, and into the future.
As the market leaders in actuarial consulting, our consultants are here to advise our clients on their defined benefit pension schemes, helping them to handle the associated financial and operational risks. As an Aon graduate, you’ll work alongside the most creative in the industry, earning as you learn and building your career as an Actuary!
Your role as an Actuarial Graduate in Wealth Solutions: Retirement
As an actuarial graduate, no two days in the office are the same. Our graduates work on a range of client teams with colleagues who provide advice and support to either the trustees handling the pension scheme, or the company that provides it.
Our aim is for you to progress into a trusted advisor for your clients as soon as possible. We’ll help you do this by developing both your technical and consulting skills — including your understanding of key calculations, communication techniques, project management and networking. Throughout your career with Aon, you’ll continually improve your commercial awareness and professionalism.
What your day could look like
Actuarial and Analytical Tasks, such as:
* Regular assessment of the financial position of pension schemes
* Identifying and implementing ways for trustees and companies to reduce the risks in relation to their schemes
* Carrying out calculations relating to the pension scheme for the company's financial accounts; and with respect to individual pension scheme members' benefits
* Estimating pension protection fund levies
Client Focused Tasks, such as:
* Day-to-day management of the pension scheme and internal projects
* Building and managing relationships with clients and other stakeholders of the scheme
* Attending and presenting at client meetings
You’ll also have the opportunity to be involved in one of our specialist teams, focusing in areas such as:
* Risk Settlement, advising clients on the best way to reduce risk through transferring it to a third party.
* Member Options, helping clients reduce risk and/or cost by offering pension scheme members the choice to reshape their benefits.
* Analysis of mortality and other demographic factors to predict future trends.
Your Development
As an Aon Graduate, you will be enrolled onto our Launch Programme when you join. This development programme is built around 3 core elements:
* Business learning – on the job learning and experiences enabling you to develop your knowledge and understanding of your team and solution line.
* Centralised learning - UK graduates complete in an Aon Induction, monthly webinars, business skills training and workshops.
* Professional Qualifications – we’ll fully support your study towards professional qualification as a Fellow of the Institute and Faculty of Actuaries.
Your career beyond your Graduate programme
Once you’ve completed the formal graduate programme, you’ll continue to receive support at Aon. You’ll receive regular performance feedback, and work with your line manager towards promotions, enabling you to progress from a graduate Analyst to Associate Consultant, then Consultant and beyond!
Next Steps
If you are interested in this graduate programme and would like to apply, here is some useful information:
Entry Requirements:
* As Actuarial Consulting is a mathematically based career path you will need to have or be on track to achieve a 2:1 degree (or equivalent) in a maths, actuarial science, or other highly numerical degree
* You will need to have achieved an A-grade or above in Maths A-level, A-grade in Maths Scottish higher or international equivalent
Our Graduates are on permanent contracts from day one, so applicants for this programme must be eligible to work in the UK without the need for visa sponsorship now or in the future.
What are we looking for?
* Motivation and ambition to pursue an actuarial career.
* Passion and curiosity – we are looking for candidates who want to understand what we do.
* Commercial awareness – this helps us to provide support and advice to our clients.
Locations:
Our Wealth Solutions: Pensions teams are based across the UK, all locations offer the same opportunities for learning and career progression.
Please note this application is for regional roles only and you will be asked to provide your first and second location preference on your application.
We recognise the value for our Early Career colleagues of being in the office environment from the beginning of their programme. As a new graduate, you will spend the first 6 months based in the office to support your learning, development, and progression.
How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce. Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.
If you require any reasonable accommodations or adjustments, please contact graduates@aon.co.uk.
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