Overview

Actuarial Consulting Pensions - Graduate Programme 2026 – Regional LocationsStart Date: 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. We are a diverse, inclusive team and are passionate about helping colleagues and clients succeed.Wealth Solutions: RetirementUK companies invest more in pension schemes than the rest of Europe combined. Our consultants advise clients on defined benefit pension schemes, helping them manage financial and operational risks now and in the future. As a graduate, you will work with the most creative minds 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, you will work on a range of client teams providing advice and support to trustees or the company sponsoring the scheme. Our aim is to develop you into a trusted advisor quickly, through technical and consulting skills, communication, project management and networking. You will continually improve your commercial awareness and professionalism to grow into a successful actuarial consultant.Responsibilities

Actuarial and Analytical TasksRegular assessment of the financial position of pension schemesIdentify and implement ways to reduce risks for trustees and companies (longevity, investment, inflation)Carry out calculations for the pension scheme for the company’s financial accounts and for individual members’ benefitsEstimate Pension Protection Fund leviesClient Focused TasksDay-to-day management of the pension scheme and internal projectsBuild and manage relationships with clients and other stakeholdersAttend and present at client meetingsProjects may include specialist teams such as:Risk SettlementMember OptionsAnalysis of mortality and demographic trends (Demographic HorizonsTM)Your Development

You will be enrolled on our Launch Programme on joining, built around three core elements:Business learning: on-the-job experiences to develop knowledge of your team and solution lineCentralised learning: induction, monthly webinars, business skills training and workshops to build knowledge, confidence and networkProfessional Qualifications: the role includes expectation to complete a professional qualification as a Fellow of the Institute and Faculty of Actuaries, with paid study leave and materialsYour career beyond the Graduate programme

After completing the programme, you’ll continue to receive technical and business skills training, pursue actuarial qualifications, and work with your line manager toward promotions (twice a year). You can explore different career paths and specialist teams as listed above.Next Steps

Entry Requirements:On track to achieve a 2:1 degree (or equivalent) in maths, actuarial science, or a highly numerical disciplineA-grade or above in Maths A-level (or Scottish higher or international equivalent)Practical skills in Python, SQL, VBA, or cloud platformsPermanent contracts from day one; right to work in the UK required. EU Settlement Scheme status or ongoing decision process is acceptable.What we’re looking for

Motivation and ambition to pursue an actuarial careerPassion and curiosity to understand what we doCommercial awareness to support clients and enable growthStrong communication skills to present complex data clearlyA self-starter who can work independently and in a teamLocations

Wealth Solutions: Pensions teams are based across the UK with equal opportunities for learning and progression. Graduate locations include: Birmingham, Bristol, Epsom (Surrey), Farnborough (Hampshire), Glasgow, Leeds, London, Manchester and St Albans (Hertfordshire).If you wish to be considered for a role based inside London, please apply for the London-only programme.Working arrangement

The programme begins with a six-month in-office training period, followed by flexible working with a mix of office and client days.How we support our colleagues

We offer a comprehensive benefits package and a diverse, agile environment that supports wellbeing and work/life balance. Two “Global Wellbeing Days” are provided each year. We encourage continuous learning and provide equal employment opportunities regardless of protected characteristics. If you require reasonable accommodations, contact graduates@aon.co.uk.About Aon: Aon plc exists to shape decisions for the better, with a global footprint and local solutions. Follow us on LinkedIn, X, Facebook and Instagram, and visit our newsroom for updates. #AonGraduateUK #ActuarialConsultingPensionsUK

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