Industrial Placement Programme - Actuarial Consulting - Pensions

Overview

Actuarial Consulting Pensions – Industrial Placement Programme 2026 – Glasgow Only

Start Date:

2nd September 2026

Final date to receive applications: 27th March 2026

Please note, we may close earlier if we receive the quantity, quality & diversity 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. Join Aon as an actuarial consulting pensions industrial placement and discover how our global team of specialists help businesses make smart choices about their employees’ pensions — now, and into the future. 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 are here to advise our clients on their defined benefit pension schemes, helping them to handle the associated financial and operational risks, now and in the future. As an Aon Industrial Placement, you’ll work alongside the most creative in the industry, earning as you learn and building your career as an Actuary!

With ever-changing markets and legislation, the work you will be doing is constantly evolving and Aon will help you to gain the skills required to be a successful and trusted actuarial consultant for our clients, across a diverse and complex range of topics.

As an Actuarial Industrial Placement, no two days in the office are the same. Our Industrial Placements 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.

As an Aon Industrial Placement, 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 Industrial Placements 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.
• Feedback. When you begin your Aon placement, you will have time with your line manager to discuss your goals and over your 12-month programme you will receive feedback and support

The role includes actuarial and analytical tasks and client-focused tasks, including:

• Regular assessment of the financial position of pension schemes
• Identifying and implementing ways for trustees and companies to reduce the risks in relation to their schemes, including longevity risks, investment risks and inflation risk
• Carrying out calculations relating to the pension scheme for the company s financial accounts; and with respect to individual pension scheme members  benefits
• Estimating pension protection fund levies
• Day-to-day management of the pension scheme and internal projects
• Building and managing relationships with clients and other stakeholders of the scheme
• Attending and presenting at client meetings

You’ll be able to work on a range of projects, gaining early exposure to clients to support your development. You’ll can also be involved in one of our specialist teams, focusing in areas such as:

• Risk Settlement, advising…