Aon Summer Internship Programme 2027 - Actuarial Consulting - Pensions (Regional Locations) in St Albans

Start Date: 21st June 2027
Application closing date: 7th December 2026
Please note, we may close earlier if we receive the quantity, quality & variety of applications required.

Better Decisions Begin with You

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.

Wealth Solutions: Retirement

Aon’s Wealth Solutions: Retirement teams help organisations make better decisions about pensions, retirement programmes and long-term financial commitments. In the UK, companies hold significant assets in pension schemes and must plan carefully to meet their obligations over many years. Our actuarial consultants advise trustees and employers on defined benefit pension schemes, helping them understand funding positions, manage financial and operational risks and prepare for the future.

As an Aon Summer Intern, you will work alongside experienced colleagues, earn as you learn and explore what a career as an actuary could look like. You do not need to be an actuarial expert on day one. Through structured learning and hands‑on experience, you will begin developing the quantitative, consulting and communication skills used to help clients understand and manage financial risk.

How work is changing

Technology, including AI‑enabled tools and global delivery teams, increasingly supports routine data preparation, reconciliation and baseline calculation. This allows actuarial colleagues to focus earlier on validation, output checking, report drafting and documentation, while elevating the work towards assumption‑setting, scenario analysis, methodology communication and client value. During your internship, you will learn to use digital tools thoughtfully, including framing clear prompts, refining outputs and checking AI‑supported analysis before it is used to support client work.

Your role as an Actuarial SummerIntern

No two days are the same. You will work across a range of client teams, supporting colleagues who advise either the trustees responsible for pension schemes or the companies that sponsor them. You will gain hands‑on actuarial experience while developing your understanding of how data, models, clients and strategy come together to bring value.

Our aim is to help you understand the potential career path ahead while giving you real responsibility on client projects. Through classroom‑based and on‑the‑job learning, you will develop your technical and consulting skills, including key calculations, communication, project management, commercial awareness and the effective use of AI‑enabled and global delivery workflows.

What Your Day Could Look Like

Actuarial and analytical tasks may include:

• Supporting pension scheme analysis by reviewing data, baseline calculations and model outputs, testing scenarios and spotting anomalies.
• Supporting funding and accounting valuations, projections, benefit calculations, data reconciliation and pension scheme reporting.
• Conducting data and risk analysis to help clients understand financial obligations, risk drivers, assumptions, market trends and potential future outcomes.
• Identifying ways for trustees and companies to manage or reduce scheme risks, including longevity, investment and inflation risk.

Client-focused Tasks May Include

• Drafting reports, presentations and analysis summaries that support good governance, financial reporting and client decision‑making.
• Supporting workstreams, maintaining documentation and contributing to the day‑to‑day delivery of pension scheme and internal projects.
• Supporting colleagues in client meetings, building relationships and presenting analysis in a clear and accessible way.

You may also gain exposure to specialist areas, depending on business need, such as:

• Risk Settlement, advising clients on the best way to reduce risk through transferring it to a third party.
• Member Options, helping clients reduce risk and/or cost by offering pension scheme members the choice to reshape their benefits to better suit their individual circumstances.
• Analysis of mortality and other demographic factors to predict future trends within Aon's Demographic HorizonsTMteam.

Your Development

As an Aon Summer Intern, you will take part in a structured development experience that combines meaningful work, business learning, skills development and relationship‑building across Aon. It is built around three core elements:

• Business learning. On‑the‑job learning with actuarial consultants, client teams and solution line specialists, helping you develop your knowledge of Wealth Solutions: Retirement and the wider Aon business.
• Centralised learning. An Aon induction, business skills training and workshops designed to build your confidence, knowledge and network across our business.
• Feedback and support. Time with your line manager to agree your goals, alongside regular feedback and support throughout the nine‑week internship.

Skills

As an Aon Summer Intern, you will take part in a structured development experience that combines meaningful work, business learning, skills development and relationship‑building across Aon. It is built around three core elements:

• Business learning. On‑the‑job learning with actuarial consultants, client teams and solution line specialists, helping you develop your knowledge of Wealth Solutions: Retirement and the wider Aon business.
• Centralised learning. An Aon induction, business skills training and workshops designed to build your confidence, knowledge and network across our business.
• Feedback and support. Time with your line manager to agree your goals, alongside regular feedback and support throughout the nine‑week internship.

Your career beyond your Summer Internship programme

Our summer internship is designed as a potential first step towards a long‑term career with us. Your performance during the internship may lead to an offer for a place on our graduate programme in the same business area the following year. We encourage you to apply for an internship that aligns with your longer‑term interests and career ambitions. If you later join Aon as a graduate, you will have access to the structured development, technical training and support associated with that graduate role, including support towards the relevant actuarial qualification.

Locations:

Our Wealth Solutions: Pensions teams are based across the UK. All locations offer the same opportunities for learning and career progression and the same financial rewards.

We recognise the value for our Early Career colleagues of being in the office environment from the beginning of their programme. As a new intern, you will spend your 9 weeks in the Aon office or with clients.

If you join us as a graduate after your internship, you will spend the first 6 months based in the office to support your learning, development and progression. This will enable you access to support from managers, collaborate with colleagues as well as grow your network across Aon. After completing this initial training period, you will then have the opportunity to work more flexibly, spending at least 3 to 4 days face to face in the Aon office or with clients.

Aon UK Internship Recruitment: What to Expect

Role

We know applying for your first internship role can be exciting, and sometimes a little daunting. At Aon, we’re committed to making our recruitment process as transparent and supportive as possible. Here’s how our selection journey works, and what you can expect at each stage:

• Application Review
• We process applications on a rolling basis, moving candidates forward as they complete each stage.
• Every application is carefully reviewed by our team (not by AI).
• Due to the high volume of interest, this stage can take up to two weeks.
• Please note: We do not review CVs or cover letters at this point.
• Online Assessment
• We understand you want to put your best foot forward, so you’ll have 5 calendar days to complete the online assessment.
• If you need more time, just let us know as extensions are available.
• Video Interview
• Preparation matters, so you’ll have up to 10 days (240 hours) from receiving your invitation to record and submit your video interview.
• Rest assured: Every video interview is reviewed by a real member of our recruitment team, not an AI system.
• You’ll typically hear back from us within 2-3 weeks after submitting your interview, though times may vary depending on the number of applications.
• Assessment Centres
• Our assessment centres are held in person at the Aon office closest to the location you applied for.
• Please note: Due to the large number of applications, not every candidate who completes a video interview will be invited to an assessment centre.
• Assessment centres usually run from November to May. (With a pause over the Christmas holidays.)
• If selected, you’ll have 7-14 days’ notice to help you arrange any travel.
• We run a limited number of Assessment Centre so please make every effort to attend if invited.
• We reimburse reasonable travel costs (such as standard class train tickets). Flights and hotels are only covered if agreed in advance.
• At the assessment centre stage, your CV and cover letter will be shared with hiring managers. This helps them get a fuller picture of you as a candidate—but these documents are not used for initial screening.

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