Actuarial Consulting Pensions: Internship at Aon

About the company

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

You’ll get involved in:

  • 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
  • Making calculations relating to the pension scheme for the company’s financial accounts
  • Making calculations in respect of individual pension scheme members’ benefits
  • Day-to-day management of the pension scheme
  • Estimating pension protection fund levies
  • Manage corporate transactions — ie, 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

Requirements

  • Summer internships are open to graduates, or students in any year of their undergraduate degree
  • Industrial placements are open to students who have this opportunity as part of their undergraduate degree
  • To apply, you’ll need to be educated to degree level with a minimum predicted grade of at least 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 important, too

How to apply

Click here to apply (Ref ID: 3JKQD).