Actuarial Consulting – Pensions at Aon

Where: United Kingdom

Deadline: December 5, 2019

Type: Graduate

About the Company:

Main business: : Finance (incl. accountancy, insurance, pensions and fundraising)

Few things are certain in life. Economic upheaval, political crises, natural disasters – and plenty more besides – all mean the world can be full of surprises. At Aon, we draw on the expertise of over 50,000 people to help the biggest names in business plan for every eventuality – be it in investment consulting, actuarial consulting, insurance, reinsurance and risk management, or health & benefits broking and consulting.

About the Role:

As an Actuarial Analyst, you will find that no two days in the office are the same. You will work on a range of client teams with colleagues who advise either the trustees who manage 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. This will be achieved through 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 will continually improve your commercial awareness and professionalism which will make you stand out as a successful consultant.

You will get involved with:

  • 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
  • Calculations relating to the pension scheme for the company's financial accounts
  • Calculations in respect of individual pension scheme members' benefits
  • The day-to-day management of the pension scheme
  • Estimation of Pension Protection Fund levies
  • 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 will be given opportunities to work on various projects and gain early exposure to clients to support your development. We also provide the opportunity for you to be involved in one of our market-leading specialist teams.

Requirements:

To apply for all roles within this Stream you must be educated to degree level with a 2:1 or equivalent qualification in a numerate/semi-numerate discipline and a 'B' or above in Maths A-level, or equivalent. Strong commercial awareness, lots of ambition and an enthusiastic approach are also important.

Applicants for the longevity modelling analyst 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.

How to Apply:

For more information and to apply please visit Career Connect and search Reference ID 'ABD3L'