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

Reward Consultant - Insurance Client Vertical

London Full-Time 43200 - 72000 ÂŁ / year (est.) Home office (partial)
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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 a diverse and inclusive 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 43200 - 72000 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.

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. Please contact us to request an accommodation on ReasonableAccommodations@Aon.com.

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.

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Contact Detail:

Aon Hewitt Recruiting Team

ReasonableAccommodations@Aon.com

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 will not only help you understand the context of the role better but also enable you to engage in meaningful conversations during interviews.

✨Tip Number 2

Network with professionals already working in the insurance industry. Attend relevant events, webinars, or roundtables to build connections and gain insights that could give you an edge in your application process.

✨Tip Number 3

Brush up on your analytical skills, especially in Excel. Being able to demonstrate your proficiency in data analysis and modelling techniques can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss how you would approach client relationships and business development in the insurance sector. Think of specific examples where you've successfully tailored solutions to meet client needs.

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)
Proactive mentoring abilities
Problem-solving skills
Ability to tailor client approaches
Teamwork and collaboration
Time management and prioritisation
Growth mindset

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in the Insurance sector. Emphasise any analytical skills, client relationship management, and specific projects that align with the responsibilities of a Reward Consultant.

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 or developed strategies in previous roles.

Showcase Analytical Skills: Since the role requires strong analytical skills, include examples of your experience with data analysis and modelling techniques. Highlight your proficiency in Advanced Excel and any relevant tools you’ve used.

Demonstrate Interpersonal Skills: The job requires excellent interpersonal and presentation skills. Provide examples in your application of how you've effectively communicated complex information to clients or team members, particularly in a consulting context.

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 Your 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

Think of specific instances where you've successfully managed client relationships. Highlight your ability to tailor approaches based on client needs and how you've contributed to business development in past positions.

✨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
Location: London
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  • Reward Consultant - Insurance Client Vertical

    London
    Full-Time
    43200 - 72000 ÂŁ / year (est.)
  • A

    Aon Hewitt

    1000+
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