At a Glance
- Tasks: Join our team to develop and market innovative insurance investment solutions.
- Company: Aon is a leading global firm dedicated to better decision-making for clients worldwide.
- Benefits: Enjoy flexible working, global wellbeing days, and a supportive, inclusive culture.
- Why this job: Make a real impact in the insurance investment market while growing your expertise.
- Qualifications: Experience in insurance investment and strong communication skills are essential.
- Other info: We value diversity and provide accommodations for individuals with disabilities.
The predicted salary is between 43200 - 72000 ÂŁ per year.
We’re hiring! Aon are currently recruiting a Senior Investment Consultant to join our UK insurance investment team in London. You will be primarily responsible for working with colleagues in this team (and other solution lines/geographies as needed) to help develop Aon’s insurance investment proposition and solutions and taking these to market.
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. We are on the path of delivering innovative advice and solutions to insurers, using the wider expertise of our different solution lines, and you’d play a key role in this.
The UK Insurance Investment Team has significant structural changes impacting the UK DB pension landscape and Aon Investments’ traditional client base. Diversifying the client base is therefore a key strategic priority, requiring Aon to deliver our innovative investment advice and services to other asset owners – in particular, insurance companies. Current market conditions present several challenges and opportunities for insurance investors. As one of the world’s largest investment consulting firms (and one of the world’s leading (re)insurance brokers), Aon is uniquely placed to help insurers navigate these challenges and opportunities. Our expertise helps ensure our clients’ investment strategies are aligned with their broader objectives and that they deliver the desired investment outcomes. We help our clients increase efficiency within their portfolios, access best in class managers, address sustainable investment considerations, manage the full spectrum of risks and save money on investment related fees.
The FCA's Senior Managers & Certification Regime (SM&CR) applies to Aon from December 2019 and this role is subject to the relevant requirements of the Regime. The primary aim of SM&CR is to drive individual accountability for all roles within the Financial Services Sector. Aon must ensure those in senior roles, with the potential to cause significant harm to customers and the business of the firm, are deemed to be fit and accurate at all times and also to ensure everyone working in the sector adheres to a set of Conduct Rules and are held to account where they do not meet the right standards of behaviour.
Your impact as a Senior Investment Consultant:
- Strong focus on revenue growth and securing new business.
- Prospecting for new business, identification of new opportunities and involvement in proposals and pitches.
- Supporting the growth of Aon’s profile in the insurance investment market by developing insightful insurance investment research and intellectual capital and taking this out to market.
- Advising clients on investment strategy, asset allocation, portfolio construction, hedging and risk management strategies, sustainable investment considerations and fund selection.
- Supporting the implementation of the business plan for growing revenue from insurance clients, taking ownership for specifically agreed tasks and effective delegation to more junior colleagues.
- Leading or supporting relationships with clients, with accountability for developing those relationships.
- Directing and delivering client projects.
- Taking overall responsibility for quality of technical work delivered to clients.
- Helping to further build the investment expertise within the wider team, through training and mentoring of more junior colleagues as necessary.
- Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
Your knowledge and expertise:
- Several years’ experience working in the insurance investment market, for example within an investment team at an insurer or as part of a dedicated insurance investment team at a consulting firm.
- Demonstrable understanding of and familiarity with various insurance specific items, including but not limited to: solvency capital requirements under Solvency II/UK, rating agency capital models, matching adjustment, IFRS 9 and 17, etc.
- Familiarity with the key features of the asset classes and investment strategies typically found in insurance investment portfolios.
- Demonstrable knowledge about the insurance industry, including: services offered, regulatory considerations, industry drivers, key challenges, opportunities and the competitive landscape.
- High-level knowledge of the asset management universe and the range of funds/products available for insurance investors.
- Experience of new business sales, responding to RFP’s and drafting of proposals.
- Hard working, diligent and independent.
- Not afraid to take on new challenges and willing to push yourself beyond your comfort zone.
- A belief that you get back what you put in and a “can do” attitude.
- Strong written and verbal communication skills.
- Great teammate who enjoys collaboration with others.
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.
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.
Insurance Investment Consultant employer: LGBT Great
Contact Detail:
LGBT Great Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Investment Consultant
✨Tip Number 1
Network with professionals in the insurance investment sector. Attend industry events, webinars, and conferences to meet potential colleagues and clients. Building relationships can give you insights into Aon's culture and values, which can be beneficial during your application process.
✨Tip Number 2
Stay updated on current trends and challenges in the insurance investment market. Familiarise yourself with recent developments related to Solvency II, IFRS 9 and 17, and other relevant regulations. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 3
Prepare to discuss your experience with new business sales and client relationship management. Think of specific examples where you've successfully secured new business or developed client relationships. This will showcase your ability to contribute to Aon's revenue growth and client satisfaction.
✨Tip Number 4
Familiarise yourself with Aon's investment strategies and solutions. Research their approach to sustainable investments and risk management. Being knowledgeable about Aon's offerings will allow you to tailor your discussions and show how you can add value to their team.
We think you need these skills to ace Insurance Investment Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the insurance investment market. Focus on your understanding of solvency capital requirements, asset allocation, and portfolio construction, as these are key aspects of the role.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the insurance investment sector and how your skills align with Aon's mission. Mention specific experiences that demonstrate your ability to drive revenue growth and secure new business.
Showcase Your Communication Skills: Since strong written and verbal communication skills are essential for this role, ensure your application is clear, concise, and free of errors. Use professional language and structure your documents logically.
Highlight Team Collaboration: Aon values teamwork, so include examples of how you've successfully collaborated with colleagues in previous roles. This could involve mentoring junior staff or leading client projects, showcasing your ability to work effectively within a team.
How to prepare for a job interview at LGBT Great
✨Understand the Insurance Investment Landscape
Before your interview, make sure you have a solid grasp of the current trends and challenges in the insurance investment market. Familiarise yourself with key concepts like Solvency II, IFRS 9 and 17, and how they impact investment strategies. This knowledge will demonstrate your expertise and commitment to the role.
✨Showcase Your Business Development Skills
Aon is looking for someone who can drive revenue growth and secure new business. Be prepared to discuss your previous experiences in prospecting for new clients and how you've successfully contributed to business development. Highlight specific examples where you identified opportunities and led proposals or pitches.
✨Emphasise Team Collaboration
As a Senior Investment Consultant, you'll need to work closely with colleagues and clients. Share examples of how you've effectively collaborated in past roles, particularly in mentoring junior team members or leading client projects. A strong emphasis on teamwork will resonate well with Aon's inclusive culture.
✨Prepare Thoughtful Questions
At the end of your interview, you'll likely have the chance to ask questions. Prepare insightful queries about Aon's investment strategies, their approach to sustainable investments, or how they navigate regulatory changes. This shows your genuine interest in the company and the role, setting you apart from other candidates.