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Industrial Placement Programme - Actuarial Consulting - Pensions

Job in St Albans, Hertfordshire, AL1, England, UK
Listing for: Aon
Full Time position
Listed on 2026-01-26
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Analyst, Financial Consultant, Actuary
Job Description & How to Apply Below
Position: Aon Industrial Placement Programme - Actuarial Consulting - Pensions 2026

Overview

Actuarial Consulting Pensions - Industrial Placement Programme 2026 - Epsom, Glasgow & St Albans ONLY

Start Date: 2nd September 2026
Final date to receive applications: 30th January 2026

Please note, we may close earlier if we receive the quantity, quality & diversity of applications required.

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.

Role

Actuarial Industrial Placement in 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. You will work with client teams, providing advice and support to trustees handling pension schemes or the companies that sponsor them. The aim is to progress into a trusted advisor for clients by developing technical and consulting skills, including calculations, communication, project management and networking.

What

Your Day Could Look Like

Actuarial and Analytical Tasks, such as:

  • Regular assessment of the financial position of pension schemes
  • Identifying and implementing ways for trustees and companies to reduce risks in relation to their schemes (e.g., longevity, investment, inflation)
  • Carrying out calculations for pension scheme financial statements and for individual members’ benefits
  • Estimating Pension Protection Fund levies

Client Focused Tasks, Such As

  • Day-to-day management of the pension scheme and internal projects
  • Building and managing relationships with clients and stakeholders
  • Attending and presenting at client meetings

You’ll be involved in a range of projects, including specialist teams such as:

  • Risk Settlement
  • Member Options
  • Analysis of mortality and demographic trends (Demographic Horizons)
Your Development

As an Aon Industrial Placement, you will be enrolled onto our Launch Programme. Core elements include:

  • Business learning: on-the-job experiences to develop knowledge of your team and solution line
  • Centralised learning: induction, monthly webinars, training and workshops to build knowledge, confidence and network
  • Feedback: regular discussions with your line manager and ongoing development over a 12-month programme
Your career beyond the Industrial Placement

The placement may lead to a place on our graduate programme in the same business unit. The role supports the Launch development programme, including professional qualification support (e.g., level 4 Diploma in Insurance from the CII) and ongoing career growth.

Entry Requirements

On track to achieve a 2:1 degree (or equivalent) in a maths, actuarial science or other highly numerical field; A-grade in Maths A-level or equivalent.

Right to work

Applicants must have the right to work in the UK for the duration of employment. Evidence may be requested during the application process.

What we’re looking for
  • Motivation and ambition to pursue an actuarial career
  • Passion and curiosity to understand and learn
  • Commercial awareness to support client needs
  • Strong communication skills and ability to present complex ideas clearly
  • Self-starter who can work independently and as part of a team
Locations

Wealth Solutions:
Pensions teams are based across the UK with the same opportunities for learning and progression. The following locations have Industrial Placement opportunities this year:
Epsom (Surrey), Glasgow, and St Albans (Hertfordshire) ONLY. Candidates selecting other locations as first preference may be rejected.

Initial安排: 6 months in office to support learning, followed by flexible working (3–4 days in the office or with clients).

Application process

We aim to be transparent and supportive throughout the recruitment journey. Typical stages include application review, online assessment, video interview, and assessment centres. Some details:

  • Rolling application review; not all CVs or cover letters are reviewed at the initial stage
  • Reasonable travel costs reimbursed for assessment centre attendance
  • Video interviews reviewed by a human recruiter, not AI
  • Assessment centres typically run Nov–May; not all candidates will be invited
  • If selected, travel logistics and notice periods apply

Questions or accommodations:

EEO and accommodations

Aon provides equal employment opportunities and reasonable accommodations to participate in the application process where required.

About Aon

Aon plc exists to shape decisions for the better — to protect and enrich lives worldwide. Follow Aon on Linked In, X, Facebook and Instagram. Visit the Aon newsroom for news alerts. #AonInternship

UK #Actuarial Consulting Pensions UK

Reference:

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