Graduate scheme

Yorkshire and the Humber +6

Join Aon as an actuarial consulting pensions graduate, and discover how our global team of specialists help businesses make smart choices about their employees’ pensions — now, and into the future.

As a market leader in actuarial consulting, Aon has been advising companies and trustees on their defined benefit pension schemes for over 60 years. Our Actuarial Consultants specialise in advising our clients on those schemes to help them manage the associated financial and operational risks, now and in 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 leader in actuarial consulting, at Aon we’re here to advise our clients on their defined pension schemes, helping them to manage the associated financial and operational risks. As an Aon graduate, you’ll work alongside the best and brightest in the industry, earning as you learn — what better way to launch your career?


Birmingham, Bristol, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St Albans

Entry requirements:

  • Educated to degree level with a 2:1 or equivalent qualification in a numerate/semi-numerate discipline and a A or above in Maths A-level, or equivalent
  • Strong commercial awareness, lots of ambition and an enthusiastic approach are important
  • Applicants for the longevity modelling analyst roles (read on for more on these specialist roles) should also possess a strong mathematical capability, with experience in numerical modelling (e.g. with Excel/VBA, R, Matlab, C#, C++, .Net) beneficial but not essential

The role

As an actuarial colleague, you’ll find that no two days in the office are the same. You’ll work on a range of client teams with colleagues who advise either the trustees managing the pension scheme, or the company that provides it.

Our aim is for you to develop 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 consultant.


  • Regular assessment of the financial position of pension schemes
  • Identify and implement ways for trustees and companies to reduce the risks in relation to their schemes, including longevity risks, investment risks and inflation risk
  • Make calculations relating to the pension scheme for the company's financial accounts
  • Make calculations with respect to individual pension scheme members' benefits
  • Day-to-day management of the pension scheme
  • Estimate pension protection fund levies
  • Manage corporate transactions — i.e. when a merger or acquisition of companies takes place, the liabilities of the companies' pension schemes need to be taken into account in the deal
  • The final close-down of the schemes when risk is passed to a third party

You’ll be given opportunities to work on a range of projects, gaining early exposure to clients to support your development. You’ll also have the chance to be involved in one of our world-class specialist teams.

Training and development

At Aon, all roles include plenty of on-the-job experience. As a graduate, you’ll also get involved in technical and consulting workshops. These will give you the skills you need to provide innovative solutions that meet our clients' needs, as well as building your confidence and experience through proactively managing client relationships.

As your career progresses, you’ll have access to a variety of interactive training sessions — these are designed to supplement your experience, and help you develop into a skilled consultant.

We want you to be as successful as possible, so we’ll fully support your study towards professional qualification as a Fellow of the Institute and Faculty of Actuaries. To support you as you study for your exams, you’ll receive paid study leave, plus an extensive range of study and tuition materials.

After the graduate programme, what’s next?

Once you’ve completed the formal graduate programme, you’ll continue to receive lots of support at Aon. As well as the interactive training sessions we’ve mentioned above, you’ll have the chance to explore different career paths. You may choose to specialise in 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, like the industry-leading risk settlement group. Whichever route you choose, we’ll provide support and training at every step, giving you the tools you need to build an exciting career at Aon.

More Details

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Birmingham, Bristol, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St Albans


Yorkshire and the Humber, South East, South West, North West, Greater London, Glasgow, West Midlands

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