Key Takeaways
- Graduate programme in Actuarial Consulting (Pensions) in London.
- Start dates in March and September 2027.
- Requires a 2:1 in a highly numerical degree and an A-grade in Maths A-level.
- Opportunity to gain professional qualifications as a Fellow of the Institute and Faculty of Actuaries (IFoA).
- Application closing date: 7th December 2026.
About the Role
Actuarial Consulting Pensions – Graduate Programme 2027
Start Dates: 8th March 2027 or 1st September 2027
Location: London Only
About the Role
Aon is seeking graduates for its Early Careers Launch Development Program in actuarial roles. This programme will equip you to become a credentialed actuary, using quantitative techniques to help clients manage financial risk. You will develop skills in data analysis, modelling, and client communication, with a focus on leveraging AI and global delivery teams for routine tasks, allowing you to concentrate on judgment, scenario thinking, and communication.
Wealth Solutions: Retirement
This team advises organisations on pensions, retirement programmes, and long-term financial commitments. You will work with actuarial consultants to help clients understand funding positions, manage risks, and plan for the future.
Your Role as an Actuarial Graduate
- Build and run models for pricing, reserving, profitability, and pension scheme analysis.
- Review AI-generated baselines, test scenarios, and validate outputs.
- Support funding and accounting valuations, projections, and benefit calculations.
- Conduct data and risk analysis to identify patterns and help clients understand financial obligations.
- Identify strategies for managing or reducing scheme risks.
- Draft reports, presentations, and analysis summaries for clients.
- Coordinate workstreams, manage documentation, and support project delivery.
- Support senior actuaries in client meetings and build client relationships.
- Potentially gain exposure to specialist areas like Risk Settlement or Member Options.
Your Development
- Launch Programme: A structured 10-month programme combining work, business learning, professional development, and networking.
- Business Learning: On-the-job experience with actuarial consultants and specialists.
- Centralised Learning: Induction, webinars, and business skills training.
- Professional Qualifications: Support towards becoming a Fellow of the Institute and Faculty of Actuaries (IFoA), with paid study leave and materials.
Career Progression
After the graduate programme, you will continue to receive support for technical and business skills training and actuarial qualification. Regular feedback and twice-yearly promotion reviews will help you progress from Graduate Analyst to Associate Consultant and beyond. You can specialise in advising trustees or corporate sponsors, or join specialist teams.
Entry Requirements
- On track to achieve a 2:1 degree (or equivalent) in Maths, actuarial science, or another highly numerical subject.
- Achieved an A-grade or above in Maths A-level (or equivalent).
- Developing practical skills in Python, SQL, VBA, or cloud platforms.
- Right to work in the UK.
What will help you succeed and grow
- Curiosity, motivation, and a desire to learn.
- Strong quantitative background and business insight.
- Interest in actuarial consulting, analytics, risk, finance, or insurance.
- Excellent communication, critical thinking, problem-solving, and analytical skills.
- Collaborative approach with initiative and adaptability.
- Organizational skills and ability to manage multiple priorities.
- Proactive approach to seeking feedback and taking ownership.
- Confidence using technology, including AI literacy and prompt engineering.
- Proficiency with Microsoft Office; experience with Python, SQL, VBA is an asset.
Locations
This position is for London only. The first 6 months will be office-based to support learning and development. After this, you will have the flexibility to work 3-4 days per week in the office or with clients.
Application Process
- Application Review: Rolling basis, takes up to two weeks.
- Online Assessment: 5 calendar days to complete.
- Video Interview: Up to 10 days to record and submit.
- Assessment Centres (ACs): In-person at Aon offices. Held from November to May (with pauses).
Applying for more than one programme or role
Apply for only one Early Careers programme per recruitment cycle. If another role is a better fit, the recruitment team may discuss alternatives with you.
Contact: graduates@aon.co.uk