Overview

Actuarial Consulting Pensions - Graduate Programme 2026 – Regional Locations(If you wish to be considered for a role based inside London, please apply for our ‘Actuarial Consulting Pensions Graduate Programme – London only’ role.)Start Date:

9th March 2026 or 2nd September 2026Application closing date:

5th December 2025Better Decisions Begin with YouAt 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

Right now, UK companies have more invested in pension schemes than the rest of Europe combined. But, has each individual company set aside enough to meet their pensions’ obligations in twenty, thirty or even forty years’ time?As the market leaders in actuarial consulting, our consultants advise clients on their defined benefit pension schemes, helping them handle the associated financial and operational risks, now and in the future. As an Aon graduate, you’ll work alongside the most creative in the industry, earning as you learn and building your career as an Actuary.Your role as an Actuarial Graduate in Wealth Solutions: Retirement

As an actuarial graduate, no two days in the office are the same. Our graduates 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 for you to progress into a trusted advisor for your clients as soon as possible. We’ll help you do this by developing both your technical and consulting skills — including your understanding of key calculations, communication techniques, project management and networking. Throughout your career with Aon, you’ll continually improve your commercial awareness and professionalism — which will help you grow into a successful actuarial consultant.Your day could look like:

Actuarial and Analytical Tasks

Regular assessment of the financial position of pension schemesIdentifying and implementing ways for trustees and companies to reduce the risks in relation to their schemes, including longevity risks, investment risks and inflation riskCarrying out calculations relating to the pension scheme for the company’s financial accounts; and with respect to individual pension scheme members'' benefitsEstimating pension protection fund leviesClient Focused Tasks

Day-to-day management of the pension scheme and internal projectsBuilding and managing relationships with clients and other stakeholders of the schemeAttending and presenting at client meetingsYou’ll be able to work on a range of projects, gaining early exposure to clients to support your development. You’ll also be involved in one of our specialist teams, focusing in areas 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 HorizonsTM team.Your Development

As an Aon Graduate, you will be enrolled onto our Launch Programme when you join. This development programme is built around 3 core elements:Business learning . On the job learning and experiences enabling you to develop your knowledge and understanding of your team and solution line.Centralised learning . UK graduates complete in an Aon Induction, monthly webinars, business skills training and workshops; all designed to develop your knowledge of Aon, build your confidence and your network across our business.Professional Qualifications . To enable you to be as successful as possible, as part of your role, you will be expected to complete a professional qualification as a Fellow of the Institute and Faculty of Actuaries. You’ll receive paid study leave, plus an extensive range of study and tuition materials.Your career beyond your Graduate programme

Once you’ve completed the formal graduate programme, you’ll continue to receive support at Aon. You’ll complete your actuarial qualifications with ongoing technical and business skills training. You’ll receive regular performance feedback and work with your line manager towards promotions, which are considered twice a year, enabling progression from Graduate Analyst to Associate Consultant, then Consultant and beyond.Throughout this time, you’ll have the chance to explore different career paths, including advising trustee clients, or corporate pension scheme sponsors. There’s also the opportunity to join and develop a role in one of Aon’s specialist teams. We’ll provide support and training at every step.Next Steps

If you are interested in this graduate programme and would like to apply, here is some useful information:Entry Requirements

As Actuarial Consulting is a mathematically based career path you will need:To have or be on track to achieve a 2:1 degree (or equivalent) in a maths, actuarial science, or other highly numerical degreeHave achieved an A-grade or above in Maths A-level, A-grade in Maths Scottish higher or international equivalentTo have or are looking to build practical skills in Python, SQL, VBA, or cloud platformsOur graduates are on permanent contracts from day one, and we welcome applications from candidates who have the right to work in the UK and can maintain that right throughout employment. This may include pre-settled or settled status from the EU Settlement Scheme, or if you have applied and are waiting for a decision.What are we looking for?Motivation and ambition to pursue an actuarial career. To be able to articulate why you want to be an actuaryPassion and curiosity. We are looking for candidates who want to understand what we do and are eager to learn moreCommercial awareness. This helps us to provide support and advice to our clients with clarity and confidence to enable revenue growthStrong communication skills, particularly presenting complex ideas using data analysis in a simple wayA self-starter that can take the initiative, work independently when needed but can also work collaborativelyLocations

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.Locations for graduate opportunities this year include: Birmingham, Bristol, Epsom (Surrey), Farnborough (Hampshire), Glasgow, Edinburgh, Leeds, London, Manchester and St Albans (Hertfordshire).(If you wish to be considered for a role based inside London, please apply for our ‘Actuarial Consulting Pensions Graduate Programme – London only’ role.)We recognise the value of in-office learning for Early Careers. The first 6 months will be based in the office to support learning, development, and progression. After this initial period, you will have the opportunity to work flexibly, spending at least 3 to 4 days face to face in the office or with clients.How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Our agile, inclusive environment supports wellbeing and work/life balance. We also offer two Global Wellbeing Days each year.Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon provides equal employment opportunities to all employees and applicants regardless of race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or other legally protected status. Reasonable accommodations are provided during the application process or interview. For accommodations, contact graduates@aon.co.uk.About Aon

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight and locally relevant solutions, our colleagues provide clients in over 120 countries with clear risk and people decisions.Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts.#AonGraduateUK#ActuarialConsultingPensionsUK

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