Actuarial Associate Consultant
Actuarial Associate Consultant

Actuarial Associate Consultant

London Full-Time 28800 - 48000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our Retirement Solutions team, managing actuarial work for diverse clients.
  • Company: Aon is a global leader in shaping better decisions for people worldwide.
  • Benefits: Enjoy flexible working, comprehensive study support, and two Global Wellbeing Days each year.
  • Why this job: Gain expertise through rotations and work with industry specialists in a supportive environment.
  • Qualifications: Part-qualified or qualified actuary with a strong mathematical background and relevant pensions experience.
  • Other info: We promote an inclusive culture and offer reasonable accommodations for individuals with disabilities.

The predicted salary is between 28800 - 48000 £ per year.

Actuarial Associate Consultant (UK – Nationwide)

Are you a part qualified or qualified pensions actuary looking to work with industry experts on a wide range of clients and projects? We may have the role for you!

We are looking for part-qualified and qualified pensions actuaries to join our growing Retirement Solutions team. You could be based in any of the following UK offices (Birmingham, Bristol, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St. Albans), with a mix of home and office working.

We will offer you a competitive total rewards package, provide you with comprehensive study support for professional exams, formal education & structured training and the potential to advance within a growing worldwide organisation.

We’re also happy to talk flexible working – if you need to flex your working pattern, Aon offers flexible and agile working policies, including part-time opportunities, and we’re happy to discuss options with you upon application.

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

Although no two days are the same your responsibilities will include:

  • Taking ownership of the delegation and production of actuarial work for nominated Trustee and Corporate clients in your portfolio. This includes technical calculations, drafting advice papers, setting and negotiating budgets and delivering advice directly to our clients.
  • Participating in client meetings and telephone calls, either leading them or supporting the Scheme Actuary or Client Manager. Use this to build positive relationships externally with our clients and third parties, and internally with your colleagues.
  • Taking on responsibility for developing colleagues on our Early Careers programmes.
  • Identifying and implementing service improvements where appropriate, and ensure appropriate legislative, regulatory, business and professional standards are followed.
  • Supporting Aon\’s specialist teams on ad-hoc projects including risk settlement, incentive exercises and member options, GMP equalisation and more.

How this opportunity is different

Aon will help you become an expert in the industry by offering you rotations through our Corporate and Trustee consulting groups, as well as the chance to work with specialist teams from the moment you start. These include our market-leading Risk Settlement Group and Member Options consultants, as well as our Investment, Delegated Consulting & DC teams.

Skills and experience that will lead to success

  • Part-qualified making good progress through actuarial exams or a qualified Actuary.
  • A strong mathematical background with the ability to explain technical solutions in a clear way.
  • Relevant pensions experience and industry knowledge.
  • A 2:1 or above degree in a numerate or semi-numerate subject.
  • Ability to deliver effective client service to multiple clients and a track record in relationship management.

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

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

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Associate Consultant

Tip Number 1

Network with professionals in the actuarial field, especially those who work at Aon or similar companies. Attend industry events, webinars, and local meetups to connect with potential colleagues and learn more about the company culture.

Tip Number 2

Familiarise yourself with the latest trends and developments in pensions and actuarial consulting. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

Tip Number 3

Prepare for potential case studies or technical assessments that may be part of the interview process. Practising these scenarios can help you showcase your problem-solving skills and your ability to communicate complex ideas clearly.

Tip Number 4

Research Aon's values and mission statement thoroughly. Understanding their focus on trust, diversity, and client success will allow you to align your responses during interviews and show how you can contribute to their goals.

We think you need these skills to ace Actuarial Associate Consultant

Actuarial Science
Mathematical Proficiency
Client Relationship Management
Technical Writing
Pensions Knowledge
Regulatory Compliance
Problem-Solving Skills
Communication Skills
Project Management
Team Leadership
Analytical Skills
Attention to Detail
Adaptability
Time Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your relevant experience and qualifications as a pensions actuary. Emphasise your progress through actuarial exams and any specific projects or roles that demonstrate your skills in client service and relationship management.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your background aligns with Aon's values and the responsibilities of the Actuarial Associate Consultant position. Be sure to include examples of your mathematical expertise and ability to communicate technical solutions clearly.

Highlight Relevant Experience: In your application, focus on any previous experience you have in pensions or actuarial work. Discuss specific instances where you've taken ownership of projects, participated in client meetings, or contributed to team development, as these are key aspects of the role.

Showcase Your Soft Skills: Aon values relationship management and effective client service. Make sure to highlight your interpersonal skills and any experience you have in building positive relationships with clients and colleagues. This will demonstrate your fit for the collaborative environment at Aon.

How to prepare for a job interview at Aon Hewitt

Know Your Numbers

As an Actuarial Associate Consultant, you'll need to demonstrate a strong mathematical background. Brush up on key actuarial concepts and be prepared to explain technical solutions clearly during the interview.

Showcase Your Experience

Highlight any relevant pensions experience you have. Be ready to discuss specific projects or roles where you've successfully managed client relationships and delivered effective service.

Prepare for Client Scenarios

Expect questions about how you would handle client meetings or difficult situations. Think of examples from your past experiences where you led discussions or supported senior colleagues effectively.

Emphasise Continuous Learning

Aon values a culture of continuous learning. Be prepared to discuss your progress through actuarial exams and how you plan to continue developing your skills within the industry.

Actuarial Associate Consultant
Aon Hewitt
A
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