Reward Consultant - Insurance Client Vertical
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Reward Consultant - Insurance Client Vertical

Reward Consultant - Insurance Client Vertical

London Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
Apply now
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At a Glance

  • Tasks: Support clients with data-driven insights and develop compensation strategies in the Insurance sector.
  • Company: Aon is a global leader in risk, retirement, and health solutions, dedicated to better decision-making.
  • Benefits: Enjoy hybrid working, Global Wellbeing Days, and a culture that promotes continuous learning and flexibility.
  • Why this job: Make a real impact in the Insurance sector while working in an inclusive and diverse environment.
  • Qualifications: Degree in a numerate discipline; experience in the Insurance sector and strong analytical skills required.
  • Other info: Join a team that values innovation and empowers you to be your authentic self.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Are you passionate about supporting clients with data driven insights? Do you want to make a significant impact in the Insurance sector? Our Reward Consultants are primarily responsible for working alongside Partners and Senior Consultants in the development and execution of annual compensation studies as well as driving and identifying consulting/advisory projects focused on the Insurance sector. This role will have the flexibility to work on a hybrid basis, typically spending a minimum of 3 days per week in the London office/with London based clients.

Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

  • Supporting business development to grow Insurance sector coverage by identifying new opportunities and new clients.
  • Owning and developing client relationships in the Insurance sector in the UK, including client servicing.
  • Working in conjunction with the Aon team internationally to service global clients and International Insurance firms with a presence in the UK.
  • Client advisory projects including competitive market positioning, trends, executive compensation benchmarks, incentive review/design, workforce planning, job architecture and job grading, market practice studies etc.
  • Working on projects that develop and implement client reward strategies that link to business strategy.
  • Help support Aon’s Insurance network for reward and HR heads, involving organising regular events (roundtables, webinars etc.) and sector-specific studies throughout the year.
  • Create and support the technical, statistical and graphical content of consulting projects, compensation studies and network presentations.

How this opportunity is different

The Reward Solutions team is part of the wider Talent practice, who provide a portfolio of Rewards, Assessment and Performance solutions, fuelled by expert advisors and proprietary people data and analytics, that help clients deliver sustained business performance through their people.

Skills and experience that will lead to success

  • Experience of working within the Insurance sector or with Insurance clients, with understanding of the structure, functions and roles within.
  • Growth mindset to own and develop Aon’s coverage within the Insurance sector.
  • Eagerness to develop an understanding of compensation and the issues affecting reward structures.
  • Proven and accurate analytical skills including Advanced Excel skills.
  • Experience with data analysis and a range of modelling techniques.
  • Be a person that more junior staff can learn from and takes a proactive role in sharing experience and expertise.
  • Driven in client service, origination, and delivers results orientated solutions to often complex problems.
  • Able to develop business by understanding a client’s requirements and tailoring approach.
  • Manages client relationships utilising resources where appropriate (junior staff, senior experts, technology).
  • Prioritising requests and managing client’s expectations.
  • Degree qualified, preferably in a numerate discipline or equivalent.
  • Excellent interpersonal skills including strong presentation skills, both verbal and written (advanced PowerPoint skills would be an advantage).
  • Ability to work effectively in a team and individually.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Reward Consultant - Insurance Client Vertical employer: Aon Hewitt

Aon is an exceptional employer, offering a dynamic and inclusive work culture that prioritises employee wellbeing and professional growth. With the flexibility of hybrid working in London, our Reward Consultants benefit from a collaborative environment where they can thrive while making impactful contributions to the Insurance sector. We provide comprehensive benefits, continuous learning opportunities, and a commitment to diversity, ensuring that every team member feels valued and empowered to succeed.
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Contact Detail:

Aon Hewitt Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reward Consultant - Insurance Client Vertical

✨Tip Number 1

Familiarise yourself with the latest trends and challenges in the insurance sector. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field, making you a more attractive candidate.

✨Tip Number 2

Network with professionals already working in the insurance industry. Attend relevant events or webinars to connect with potential colleagues and clients, which can provide valuable insights and possibly lead to referrals.

✨Tip Number 3

Showcase your analytical skills by discussing any relevant projects or experiences where you've successfully used data analysis to drive decisions. Be prepared to share specific examples that highlight your expertise in this area.

✨Tip Number 4

Demonstrate your client relationship management skills by preparing to discuss how you've tailored solutions to meet client needs in the past. Highlight your ability to understand and prioritise client expectations, as this is crucial for the role.

We think you need these skills to ace Reward Consultant - Insurance Client Vertical

Experience in the Insurance sector
Understanding of compensation structures
Advanced Excel skills
Data analysis and modelling techniques
Client relationship management
Business development skills
Analytical skills
Presentation skills (verbal and written)
Ability to work in a team and independently
Proactive mentoring and support for junior staff
Problem-solving skills
Flexibility and adaptability
Strong interpersonal skills
Organisational skills for managing events and projects

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in the Insurance sector. Emphasise any roles where you've worked with compensation studies or client advisory projects, as these are key responsibilities for the Reward Consultant position.

Craft a Compelling Cover Letter: In your cover letter, express your passion for data-driven insights and how they can impact the Insurance sector. Mention specific examples of how you've supported clients in the past and your eagerness to develop an understanding of compensation issues.

Showcase Analytical Skills: Since analytical skills are crucial for this role, include examples of your experience with data analysis and modelling techniques. Highlight your proficiency in Advanced Excel and any relevant projects that demonstrate your analytical capabilities.

Demonstrate Interpersonal Skills: The role requires excellent interpersonal skills, so be sure to mention any experiences where you've successfully managed client relationships or led presentations. This will show your ability to communicate effectively and work well within a team.

How to prepare for a job interview at Aon Hewitt

✨Understand the Insurance Sector

Make sure you have a solid grasp of the insurance industry, including its structure and key players. Research recent trends and challenges in the sector to demonstrate your knowledge during the interview.

✨Showcase Analytical Skills

Prepare to discuss your experience with data analysis and modelling techniques. Be ready to provide examples of how you've used advanced Excel skills to solve complex problems or drive insights in previous roles.

✨Demonstrate Client Relationship Management

Highlight your ability to build and maintain client relationships. Share specific examples of how you've tailored your approach to meet client needs and expectations, showcasing your client service orientation.

✨Prepare for Technical Questions

Expect questions related to compensation strategies and reward structures. Brush up on relevant concepts and be prepared to discuss how you would approach developing and implementing these strategies for clients.

Reward Consultant - Insurance Client Vertical
Aon Hewitt
Apply now
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  • Reward Consultant - Insurance Client Vertical

    London
    Full-Time
    36000 - 60000 ÂŁ / year (est.)
    Apply now

    Application deadline: 2027-03-31

  • A

    Aon Hewitt

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