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- Tasks: Engage in diverse actuarial projects and support pension scheme management.
- Company: Join Aon, a global leader in risk and people decisions.
- Benefits: Enjoy a competitive salary, wellbeing days, and a supportive learning culture.
- Why this job: Kickstart your actuarial career with hands-on experience and client exposure.
- Qualifications: Must be on track for a 2:1 degree in a numerical field and have strong maths skills.
- Other info: Flexible working after initial training and excellent career progression opportunities.
The predicted salary is between 30000 - 42000 £ per year.
Aon Industrial Placement Programme – Actuarial Consulting – Pensions 2026
Join to apply for the Aon Industrial Placement Programme – Actuarial Consulting – Pensions 2026 role at Aon.
Overview
Actuarial Consulting Pensions – Industrial Placement Programme 2026 – Regional Locations. Start Dates: 9th March 2026 or 2nd September 2026. Application closing date: 5th December 2025.
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.
Your role
Your role as an Actuarial Industrial Placement in Wealth Solutions: Retirement
As an Actuarial Industrial Placement, no two days in the office are the same. Our Placements 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 to progress you into a trusted advisor for your clients as soon as possible, developing both your technical and consulting skills, including understanding of key calculations, communication techniques, project management and networking.
Throughout your career with Aon, you’ll continually improve your commercial awareness and professionalism to grow into a successful actuarial consultant. Work on a range of projects and gain early exposure to clients. You may also be involved in specialist teams in areas such as risk settlement, member options, and Demographic Horizons (mortality and other demographic analysis).
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 risks (longevity, investment, inflation)
- Carrying out calculations relating to pension scheme financial statements and individual member 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
- Attending and presenting at client meetings
You’ll have the opportunity to work on a range of projects and may be involved in specialist teams such as:
- Risk Settlement
- Member Options
- Demographic Horizons team (mortality and other demographic factors)
Your development
As an Aon Industrial Placement, you will be enrolled onto our Launch Programme. This development programme focuses on three core elements:
- Business learning: on-the-job learning and experiences to develop knowledge of your team and solution line
- Centralised learning: induction, monthly webinars, business skills training and workshops to build knowledge, confidence and network
- Feedback: ongoing goal setting and performance feedback with your line manager during the 12-month programme
Your career beyond the Industrial Placement
Upon successful completion, depending on performance, you may be offered a role on the graduate programme for the following year.
Next Steps and Entry Requirements
Entry Requirements: Actuarial Consulting is a mathematically based career path. You will need:
- On track to achieve a 2:1 degree (or equivalent) in a maths, actuarial science, or other highly numerical degree
- A-grade or above in Maths A-level, A-grade in Maths Scottish higher or international equivalent
- To have or be building practical skills in Python, SQL, VBA, or cloud platforms
Right to work: Applicants must have their own right to work in the UK for future opportunities, including graduate roles. Evidence may be required during the application process.
What are we looking for?
- Motivation and ambition to pursue an actuarial career and to articulate why you want to be an actuary
- Passion and curiosity; eagerness to learn
- Commercial awareness to support clients and enable revenue growth
- Strong communication skills, including presenting complex ideas with data analysis
- Self-starter attitude with ability to work independently and in a team
Locations
Our Wealth Solutions: Pensions teams are based across the UK. Locations with Industrial Placement opportunities this year include Birmingham, Manchester and London. You will spend the first 6 months in the office to support learning and development, then may work more flexibly with 3–4 days in the office or with clients.
How We Support Our Colleagues
We offer a comprehensive benefits package and an inclusive environment. We support wellbeing and work/life balance, including two Global Wellbeing Days each year. Our learning culture helps you learn, share and grow, so you are connected, relevant and valued. Aon is an equal employment opportunity employer and provides reasonable accommodations where required. If you need accommodations, contact Industrial Placements@aon.co.uk.
About Aon
Aon plc exists to shape decisions for the better and to protect and enrich lives. We provide clients in over 120 countries with clarity and confidence to make better risk and people decisions. Follow Aon on LinkedIn, X, Facebook and Instagram, and sign up for news alerts.
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Aon Industrial Placement Programme - Actuarial Consulting - Pensions 2026 employer: Aon
Contact Detail:
Aon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Aon Industrial Placement Programme - Actuarial Consulting - Pensions 2026
✨Tip Number 1
Network like a pro! Reach out to current or past Aon employees on LinkedIn. Ask them about their experiences and any tips they might have for landing the placement. Personal connections can give you insights that you won't find in the job description.
✨Tip Number 2
Prepare for interviews by practising common actuarial questions. We recommend doing mock interviews with friends or using online resources. The more comfortable you are with the material, the more confident you'll feel when it’s your turn to shine!
✨Tip Number 3
Show off your passion for the industry! During interviews, share your thoughts on current trends in pensions and actuarial consulting. This will demonstrate your commercial awareness and eagerness to learn, which Aon values highly.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, you’ll find all the latest updates and opportunities directly from Aon, so you won’t miss out on anything important.
We think you need these skills to ace Aon Industrial Placement Programme - Actuarial Consulting - Pensions 2026
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Actuarial Consulting role. Highlight relevant skills, experiences, and your passion for the actuarial field. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're interested in the placement and how your background aligns with Aon's values. Let us know what makes you tick!
Showcase Your Skills: Don’t forget to mention any practical skills you have in Python, SQL, or VBA. These are super important for the role, and we love seeing candidates who are ready to hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets into our hands quickly. We can’t wait to hear from you!
How to prepare for a job interview at Aon
✨Know Your Numbers
Brush up on your mathematical skills and be ready to discuss key actuarial concepts. Aon is looking for candidates who can demonstrate a solid understanding of calculations related to pension schemes, so make sure you can explain these clearly.
✨Show Your Passion
Be prepared to articulate why you want to pursue a career in actuarial consulting. Aon values motivation and ambition, so share your journey and what excites you about the role. This will help you stand out as a candidate who is genuinely interested.
✨Practice Your Presentation Skills
Since you'll be involved in client meetings, practice presenting complex ideas in a clear and engaging way. Aon wants to see strong communication skills, so consider doing mock presentations with friends or family to build your confidence.
✨Research Aon and Its Values
Familiarise yourself with Aon's mission and values. Understanding their commitment to shaping decisions for the better will help you align your answers with what they stand for, showing that you're not just a good fit for the role, but also for the company culture.
