Associate - Strategy Consulting

Associate - Strategy Consulting

Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Aon

At a Glance

  • Tasks: Join a dynamic team delivering high-value strategy projects for the insurance industry.
  • Company: Aon, a leading global consulting and technology firm with a focus on inclusivity.
  • Benefits: Enjoy flexible working, comprehensive benefits, and two Global Wellbeing Days each year.
  • Other info: Access to Aon's proprietary data and a network of industry experts for unique insights.
  • Why this job: Make a real impact in a fast-paced environment while developing your career in strategy consulting.
  • Qualifications: Experience in strategy roles or insurance audit, strong analytical skills, and a collaborative mindset.

The predicted salary is between 40000 - 50000 £ per year.

Do you want to be part of a growing, fast‑paced strategy consulting team that helps insurers improve performance by shaping their strategy and bringing it to life? This role is to be based out of our London Office.

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 organisation, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like:

  • Work as part of a team that delivers high value strategy projects to insurers, reinsurers, and investors in the insurance industry on wide ranging strategic questions, including topics such as growth/commercial strategy, strategic operating models, digital and AI strategy, commercial due‑diligence (CDD), and go‑to‑market (GTM) strategies.
  • Undertake market research, financial and data analysis that informs the development of recommendations.
  • Support team in developing hypotheses, testing those hypotheses, and developing high impact recommendations.
  • Contribute to the production of high impact client deliverables.
  • Present findings and recommendations to client partners.
  • Actively contribute to both project teams and the broader team environment, bringing an entrepreneurial, “hands‑on” approach.

How this opportunity is different:

STG is Aon’s global consulting and technology business focused on, but not limited to, serving clients across the (re)insurance industry. The team provides Strategy Consulting and Advisory services to many of the most prestigious (re)insurance companies across the globe. We have privileged access to Aon’s proprietary data and the knowledge of its global network of insurance industry experts to derive unique and compelling insights into the sources of competitive advantage in our industry. Established in 2022, our STG consulting team has grown year on year. The Strategy Consulting team is primarily based in our offices in London, New York, Chicago, Singapore, Sydney, and Rotterdam. The role is based in London. We are enthusiastic adopters of hybrid working and flexible on day‑to‑day location. We continue to expand, and we are looking for the right candidate to support and participate in our success.

We are proud of the opportunities we create for career development, including the direct access our team has to the most influential decision‑makers in our industry. We are seeking a team member who excels in providing valuable insights and high‑quality work for clients, fosters lasting relationships within the industry, and possesses an entrepreneurial mentality to contribute to the team’s growth. A successful candidate will bring prior experience working in strategy roles, be able to operate at pace, and integrate quickly into a high‑performing team.

Skills and experience that will lead to success:

  • Proven experience ideally within Strategy Consulting at a reputable strategy‑house or a boutique are advantageous (with insurance experience a bonus but not required), or from an Insurance Audit background (qualification either on track or in progress).
  • Strong problem solving and analytical skills, with evidence of structured, strategic thinking.
  • Experience producing high quality outputs in Excel and PowerPoint.
  • Teammate, who can operate effectively in a fast‑paced environment and build strong relationships quickly.
  • Business insight and intellectual curiosity across key business topics, including how (re)insurers grow, transform and improve performance across the insurance value chain.
  • Commitment to personal development and to getting up the learning curve quickly where prior insurance experience is limited.
  • Desire to contribute to the development of a growing, pure‑play strategy consultancy business with an entrepreneurial culture, working across a broad range of (re)insurers in the market.

How we support our colleagues:

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well. 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.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at ReasonableAccommodations@Aon.com or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.

Associate - Strategy Consulting employer: Aon

AON is an exceptional employer that fosters a dynamic work culture in the heart of Greater London, offering flexibility to work from multiple locations including Reading and Chelmsford. With a strong emphasis on employee growth, AON provides comprehensive training and development opportunities, ensuring that team members can thrive in their careers while contributing to innovative solutions in Trade Credit Insurance. Join us to be part of a collaborative environment where your expertise will be valued and rewarded.

Aon

Contact Details:

Aon Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Associate - Strategy Consulting

Tip Number 1: Get Involved in Consulting Case Competitions

Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like Associate - Strategy Consulting at Aon!

Tip Number 2: Leverage Alumni Networks

Tap into your university’s alumni network; many consultants love to help out new talent. Reach out to alumni who are working in management consulting, they might have insider knowledge about openings at firms like Aon or be willing to refer you for that Associate - Strategy Consulting position!

Tip Number 3: Attend Industry Events and Conferences

Keep an eye on management consulting events, workshops, or panels. These are prime opportunities to network with top professionals and get your name out there. You might even bump into someone from Aon who’s on the lookout for their next Associate - Strategy Consulting star!

Tip Number 4: Polish Your Consulting Skills Online

Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Associate - Strategy Consulting role at Aon!

We think you need these skills to ace Associate - Strategy Consulting

Analytical Skills
Problem-Solving Skills
Strategic Thinking
Market Research
Financial Analysis
Data Analysis
Excel

Some tips for your application 🫡

Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!

Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at Aon. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!

Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.

Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!

How to prepare for a job interview at Aon

Master the Case Study Game

In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!

Know Your Numbers

Be prepared for some numerical and analytical questions. Brush up on your mental math and be ready to interpret data from charts or graphs. We might throw some business scenarios at you that require a quick turnaround on numerical analysis, so practice these skills to feel confident and swift!

Show Your Leadership Flair

As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.

Be a Cultural Fit

We’re not just looking for brains; we want to see if you vibe with our company culture at Aon. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!