Birmingham

Bristol

Edinburgh

Epsom

Farnborough

Glasgow

Leeds

London

Manchester

St Albans

Intern

Graduate

Part Qualified

Associate

Qualified

Investments

Pensions

Reserving

Risk

Bulk Annuities

Valuation

Longevity

Consulting

Excel

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 <title>DB Pension Scheme Valuation Specialist - ExactVAL</title>
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 <h3>Location: St Albans, Hertfordshire (Office or Hybrid)</h3>

 
 ExactVAL has almost 20-years’ experience offering insurers and pension consultancies the facility to outsource DB actuarial valuations, where we provide detailed future cashflow projections as part of this analysis.

 

 
 We are a small friendly team with a mixture of office or hybrid working based in St Albans, Hertfordshire. Current staff include 4 qualified pension actuaries, each with over 25 years’ experience and 6-part qualified actuaries.

 

 
 Now, we’re looking for a DB Pension Scheme Valuation Specialist to join us in delivering high-quality valuation work that meets the needs of our growing client base.
 

 <h2>About the Role</h2>
 
 You’ll be part of our technical actuarial team, setting up, reviewing, and enhancing models that support DB scheme valuations—most often in the context of insurance buy-out markets. You won’t be siloed; you’ll work across different schemes with a variety of team members and projects.
 
 
 We’ll provide full training on our proprietary software (Mon.et) and internal processes, but your pensions experience, curiosity, and technical mindset will be key to your success.
 

 <h2>Key Responsibilities</h2>
 <ul>
 <li>Reviewing scheme documentation and RFQs</li>
 <li>Preparing, testing, and mapping data</li>
 <li>Working with our Mon.et software to set up valuation models</li>
 <li>Checking outputs and drafting short reports</li>
 <li>Responding to client queries as they arise</li>
 <li>Identifying and supporting opportunities to improve internal processes</li>
 <li>Supporting GMP equalisation work where required</li>
 </ul>

 <h2>Who We’re Looking For</h2>
 
 You could be a qualified actuary or a part-qualified student — either way, you have relevant pensions experience and enjoy the technical side of actuarial work. You’ll be comfortable working collaboratively in a flat team structure without the pressure of managing people or owning client relationships.
 

 <h3>Must-have Skills & Experience</h3>
 <ul>
 <li>Experience in UK defined benefit pensions</li>
 <li>Excellent Excel skills</li>
 <li>Detail-oriented with a process improvement mindset</li>
 <li>Strong communication and written skills</li>
 <li>A team-first attitude</li>
 <li>Right to work in the UK (unfortunately, visa sponsorship is not available)</li>
 </ul>

 <h3>Nice-to-have</h3>
 <ul>
 <li>GMP equalisation experience</li>
 </ul>

 <h2>What We Offer</h2>
 <ul>
 <li>Competitive salary</li>
 <li>Actuarial study support</li>
 <li>Generous holiday package</li>
 <li>Flexible working arrangements (office or hybrid)</li>
 <li>Start date: ASAP</li>
 </ul>

 
 At ExactVAL, you’ll be surrounded by seasoned actuaries, solving real challenges from day one. If you enjoy working with data, solving puzzles, and producing meaningful outputs in a supportive environment—this is the role for you.
 

 <h2>Ready to join a specialist team making valuations make sense?</h2>
 Apply now!

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<ul><li>Competitive salary, actuarial study support and holiday package.</li><li>Office or hybrid, full-time role.</li><li>Start date ASAP.</li></ul>We are looking for a trainee actuary to join our team of DB Pension scheme valuation specialists based in St Albans, Hertfordshire. Current staff include 4 qualified actuaries, each with over 25 years’ experience, 3 part qualified actuaries and 2 students.We work on hundreds of different schemes every year for our clients who are insurers in the buy-out arena. Several clients with differing demands in a dynamic market means we are constantly dealing with new challenges.The ideal candidate will have a numerate degree and be comfortable with Excel. We encourage applications from both entry-level candidates and those with some actuarial experience.You will be expected to initially act as ‘doer’ on valuations, moving on to helping as 'checker' over time. You will in time become an expert user in our actuarial valuation tools (Excel & Mo.net).Study support is available for actuarial study material and exams.Applications close on 26 November 2024.Please note that we are unable to sponsor applicants with temporary visas.

Actuarial ConsultantAre you interested in working on a close-knit, collaborative and knowledgeable actuarial team? Would you like to work in a consulting environment and have daily exposure to C-suite leaders of a range of multinational and Indigenous clients? Would you like to work with client managers and have responsibility for the delivery of actuarial services to a portfolio of clients? If so, this may be the role for you!You could be based in any of the following UK offices (Birmingham, Bristol, Edinburgh, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St. Albans), with a mix of home and office working.Aon is in the business of better decisionsAt 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.What the day will look likeThe Actuarial Consultant will have the opportunity to develop relationships with clients in delivering trustee work. Responsibilities will include:<ul><li>Advising clients on strategic pensions issues, including benefit design, restructuring, risk management/transfer projects, funding, as well as pension accounting disclosures</li><li>Preparing actuarial valuations, funding certificates, funding proposals and actuarial statements as required under the Pensions Act 1990</li><li>Taking ownership for the quality of technical work delivered to clients, including reviewing work from more junior support team members as required</li><li>Working collaboratively on joint projects with colleagues in the general consulting, risk management and investment practices</li><li>Developing intellectual capital to support innovation and efficiencies</li></ul>How this opportunity is differentThe Actuarial Consultant is encouraged to work autonomously to deliver actuarial services to their allocated clients while also working as part of a team with a diverse range of versatile, motivated colleagues who will support you. Client exposure within the actuarial team is second to none, providing opportunities to work with prestigious, global multinational clients daily.Skills and experience that will lead to success<ul><li>Qualified Actuary or part qualified with less than one year remaining</li><li>Stakeholder management experience whilst exposure to leading client relationships would be advantageous</li><li>Ideally possesses relevant industry and consulting experience coupled with sound technical capability, however we are also interested in individuals willing to transition from non-pension actuarial areas</li><li>Strong communication and interpersonal skills, and comfortable in leading discussions at a senior management level</li><li>Ability to encourage and develop other colleagues, and work well within diverse teams</li><li>Whilst having an eye for detail, also capable of thinking and advising at a strategic level</li></ul>How we support our colleaguesIn addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential.As a result, at Aon, you are more connected, more relevant, and more valued. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

<ul><li>Competitive salary, actuarial study support and holiday package.</li><li>Office or hybrid, full-time role.</li><li>Start date ASAP.</li></ul>We are looking for a trainee actuary to join our team of DB Pension scheme valuation specialists based in St Albans, Hertfordshire. Current staff include 3 qualified actuaries, each with over 25 years’ experience and 4 part qualified actuaries.We work on hundreds of different schemes every year for our clients who are insurers in the buy-out arena. Several clients with differing demands in a dynamic market means we are constantly dealing with new challenges.The ideal candidate will have a numerate degree and be comfortable with Excel. You will be expected to initially act as ‘doer’ on valuations, moving on to helping as 'checker' over time. You will in time become an expert user in our actuarial valuation tools (Excel & Mo.net).Study support is available for actuarial study material and exams.Applications close on Friday 17 November.Please note that we are unable to sponsor applicants with temporary visas.

We&rsquo;re hiring! Join Aon on an Actuarial Consulting Pensions placement and spend 12 months discovering how our team of specialists from around the world help businesses make smart choices about their employees&rsquo; pensions &mdash; now, and into the future.We recognise the learning, development, and social value for our Early Career colleagues of being in the office environment from the start of their programme. All our placement colleagues will spend most of their time in the office and occasional time working from home or a client site.Aon is in the business of better decisionsAt 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.Wealth Solutions : RetirementRight 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&rsquo; obligations in twenty, thirty or even forty years&rsquo; time?As the market leaders in actuarial consulting, our consultants are here to advise our clients on their defined benefit pension schemes, helping them to manage the associated financial and operational risks, now and in the future. As an Aon industrial placement student, you&rsquo;ll work alongside the best and brightest in the industry, earning as you learn and building your career as an Actuary!Your role on our Actuarial Industrial Placement in Wealth Solutions: RetirementOn your 12-month placement, you&rsquo;ll find that no two days in the office are the same. You&rsquo;ll work on a range of client teams with colleagues who advise either the trustees handling the pension scheme, or the company that provides it.Our aim is for you to learn about the potential career path ahead of you, while being given real responsibility on client projects. We'll work with you through classroom-based and on-the-job training to develop your technical and consulting skills &mdash; including your understanding of key calculations, communication techniques, project management and networking.What your day could look like:Actuarial and Analytical Tasks, such as:<ul><li>Regular assessment of the financial position of pension schemes</li><li>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</li><li>Carrying out calculations relating to the pension scheme for the company's financial accounts</li><li>Carrying out calculations with respect to individual pension scheme members' benefits</li><li>Estimating pension protection fund levies</li></ul>Client Focused Tasks, such as:<ul><li>Day-to-day management of the pension scheme and internal projects</li><li>Building and maintaining relationships with clients and other stakeholders of the scheme</li><li>Attending and presenting at client meetings</li></ul>You&rsquo;ll be given opportunities to work on a range of projects, gaining early exposure to clients to support your development. You&rsquo;ll also have the chance to be involved in one of our specialist teams, focussing in areas such as:<ul><li>Risk Settlement, advising clients on the best way to reduce risk through transferring it to a third party.</li><li>Member Options, helping clients reduce risk and/or cost by offering pension scheme members the choice to reshape their benefits to better suit their individual circumstances.</li><li>Analysis of mortality and other demographic factors using Aon's Demographic HorizonsTM toolkit.</li></ul>Your DevelopmentDuring our Industrial Placement programme, you will be enrolled onto our award-winning development programme, where over the 12 months, you will have the opportunity to take part in a wide range of insightful and interactive training and development activities in addition to your role. Here are couple of key elements of our development programme:<ul><li>Induction &ndash; Learn about Aon and our Story, meet and network with your fellow interns and Aon colleagues from across our business including senior leaders; technical and business training to equip you with skills and knowledge to help you in your role</li><li>Aon Business focused project &ndash; you and your team will be tasked to research and help to find solutions for a real business challenge. At the end of the project, you will have the chance to present your findings to a panel of Aon colleagues</li><li>Feedback &ndash; when you begin your Aon placement, you will have time with your line manager to discuss your goals and over your 12-month programme you will receive feedback and support.</li></ul>Your career beyond your Industrial PlacementOnce you&rsquo;ve completed the formal Industrial Placement programme, depending on your performance, you may be offered a role on our graduate programme for the following year. When you return, you&rsquo;ll be part of our Launch development programme where we&rsquo;ll fully support your study towards your professional qualification as a Fellow of the Institute and Faculty of Actuaries. To find out more about the actuarial qualification please click hereNext StepsIf you are interested in our Industrial Placement programme and would like to apply, here are some things to help you:Entry Requirements:<ul><li>As Actuarial Consulting is a mathematically based career path you will need to have or be on track to achieve a 2:1 degree (or equivalent) in a maths, actuarial science, or other highly numerate degree</li><li>You will need to have achieved an A-grade or above in Maths A-level, A-grade in Maths Scottish higher or international equivalent of this</li></ul>What are we looking for?<ul><li>Motivation and ambition to pursue an actuarial career &ndash; you will need to be able to articulate why you want to be an actuary</li><li>Passion and inquisitiveness &ndash; we are looking for candidates who understand what we do and are eager to learn more</li><li>Commercial awareness &ndash; this helps us to provide support and advice to our clients with clarity and confidence</li></ul>Locations:Our Wealth Solutions: Pensions teams are based across the UK. Here are the locations where we have opportunities this year:Birmingham, Bristol, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St AlbansProgramme start date: August 2024How we support our colleaguesIn addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two &ldquo;Global Wellbeing Days&rdquo; each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working.Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law.If you require any reasonable accommodations or adjustments, please contact us.Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Actuarial Consulting Pensions: Summer InternshipWe&rsquo;re hiring! Join Aon as an actuarial consulting pensions summer intern and spend 9 weeks discovering how our team of specialists from around the world help businesses make smart choices about their employees&rsquo; pensions &mdash; now, and into the future.We recognise the learning, development, and social value for our Early Career colleagues of being in the office environment from the start of their programme. All our interns will spend most of their time in the office and occasional time working from home or a client site.Aon is in the business of better decisionsAt 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.Wealth Solutions: RetirementRight 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&rsquo; obligations in twenty, thirty or even forty years&rsquo; time?As the market leaders in actuarial consulting, our consultants are here to advise our clients on their defined benefit pension schemes, helping them to manage the associated financial and operational risks, now and in the future. As an Aon summer intern, you&rsquo;ll work alongside the best and brightest in the industry, earning as you learn and building your career as an Actuary!Your role as an Actuarial Intern in Wealth Solutions: RetirementAs an actuarial intern, you&rsquo;ll find that no two days are the same. You&rsquo;ll have the opportunity to work on a range of client teams with colleagues who provide advice and support to either the trustees managing the pension scheme, or the company that provides it.Our aim is to help you learn about the potential career path ahead of you, while being given real responsibility on client projects. We'll work through classroom-based and on-the-job training to develop your technical and consulting skills &mdash; including your understanding of key calculations, communication techniques, project management and networking.What your day could look like:Actuarial and Analytical Tasks, such as:<ul><li>Regular assessment of the financial position of pension schemes</li><li>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</li><li>Carrying out calculations relating to the pension scheme for the company's financial accounts</li><li>Carrying out calculations with respect to individual pension scheme members' benefits</li><li>Estimating pension protection fund levies</li></ul>Client Focused Tasks, such as:<ul><li>Day-to-day management of the pension scheme and internal projects</li><li>Building and maintaining relationships with clients and other stakeholders of the scheme</li><li>Attending and presenting at client meetings</li></ul>You&rsquo;ll be given opportunities to work on a range of projects, gaining early exposure to clients to support your development. You&rsquo;ll also have the chance to be involved in one of our specialist teams, focusing in areas such as:<ul><li>Risk Settlement, advising clients on the best way to reduce risk through transferring it to a third party.</li><li>Member Options, helping clients reduce risk and/or cost by offering pension scheme members the choice to reshape their benefits to better suit their individual circumstances.</li><li>Analysis of mortality and other demographic factors using Aon's Demographic HorizonsTM</li></ul>Your DevelopmentAs an Aon Summer Intern, you will be enrolled onto our award-winning development programme. For 9 weeks you will have the opportunity to take part in a wide range of insightful and interactive training and development activities in addition to your role. Here are couple of key elements of our intern&rsquo;s 9-week development programme:<ul><li>Induction &ndash; a great way for you to learn about Aon and our Story, meet and network with your fellow interns and Aon colleagues from across our business including senior leaders; technical and business training to equip you with skills and knowledge to help you in your role</li><li>Aon Business focused project &ndash; our interns are given a project to complete during the programme. You and your team of fellow interns will be tasked to research and help to find solutions for a real business challenge. At the end of the internship, you will have the chance to present your findings to a panel of Aon colleagues</li><li>Feedback &ndash; when you start as an intern at Aon, you will have time with your line manager to discuss your goals and throughout your internship you will receive feedback and support.</li></ul>Your career beyond your Summer InternshipOnce you&rsquo;ve completed the formal summer internship programme, depending on your performance, you may be offered a role on our graduate programme for the following year. When you return, you&rsquo;ll be part of our Launch development programme where we&rsquo;ll fully support your study towards your professional qualification. To find out more about the actuarial qualification please click hereNext StepsIf you are interested in our Summer Internship programme and would like to apply, here are some things to help you:Entry Requirements:<ul><li>As Actuarial Consulting is a mathematically based career path you will need to have or be on track to achieve a 2:1 degree (or equivalent) in a maths, actuarial science, or other highly numerate degree</li><li>You will need to have achieved an A-grade or above in Maths A-level, A-grade in Maths Scottish higher or international equivalent of this</li></ul>What are we looking for?<ul><li>Motivation and ambition to pursue an actuarial career &ndash; be able to articulate why you want to be an actuary</li><li>Passion and inquisitiveness &ndash; we are looking for candidates who understand what we do and are eager to learn more</li><li>Commercial awareness &ndash; this helps us to provide support and advice to our clients with clarity and confidence</li></ul>Locations:Our Wealth Solutions : Pensions teams are based across the UK. Here are the locations where we have opportunities this year:Birmingham, Bristol, Epsom, Farnborough, Glasgow, Leeds, Manchester, St AlbansProgramme dates: June &ndash; August 2024How we support our colleaguesIn addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two &ldquo;Global Wellbeing Days&rdquo; each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law.If you require any reasonable accommodations or adjustments, please contact us and a member of the UK Early Careers team will contact you.Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

March 2024, August 2024 &amp; March 2025 start dates in our offices across the UKJoin Aon as an actuarial consulting pensions graduate and discover how our global team of specialists help businesses make smart choices about their employees&rsquo; pensions - now, and into the future.We recognise the learning, development, and social value for our Early Career colleagues of being in the office environment from the start of their programme. All our graduates will spend the majority of their time in the office, although can choose to work from home some of the time as their role and actuarial studies allow.Aon is in the business of better decisionsAt 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.Wealth Solutions: RetirementRight 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&rsquo; obligations in twenty, thirty or even forty years&rsquo; time?As the market leaders in actuarial consulting, our consultants are here to advise our clients on their defined benefit pension schemes, helping them to handle the associated financial and operational risks, now and in the future. As an Aon graduate, you&rsquo;ll work alongside the most creative in the industry, earning as you learn and building your career as an Actuary!With ever-changing markets and legislation, the work you will be doing is constantly evolving and Aon will help you to gain the skills required to be a successful and trusted actuarial consultant for our clients, across a diverse and complex range of topics.Your role as an Actuarial Graduate in Wealth Solutions: RetirementAs an actuarial graduate, you&rsquo;ll find that no two days in the office are the same. You&rsquo;ll work on a range of client teams with colleagues who provide advice and support to either the trustees handling 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&rsquo;ll help you do this by developing both your technical and consulting skills &mdash; including your understanding of key calculations, communication techniques, project management and networking. Throughout your career with Aon, you&rsquo;ll continually improve your commercial awareness and professionalism &mdash; which will help you grow into a successful actuarial consultant.What your day could look like:Actuarial and Analytical Tasks, such as:<ul><li>Regular assessment of the financial position of pension schemes</li><li>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</li><li>Carrying out calculations relating to the pension scheme for the company's financial accounts; and with respect to individual pension scheme members' benefits</li><li>Estimating pension protection fund levies</li></ul>Client Focused Tasks, such as:<ul><li>Day-to-day management of the pension scheme and internal projects</li><li>Building and managing relationships with clients and other stakeholders of the scheme</li><li>Attending and presenting at client meetings</li></ul>You&rsquo;ll be given opportunities to work on a range of projects, gaining early exposure to clients to support your development. You&rsquo;ll also have the opportunity to be involved in one of our specialist teams, focusing in areas such as:<ul><li>Risk Settlement, advising clients on the best way to reduce risk through transferring it to a third party.</li><li>Member Options, helping clients reduce risk and/or cost by offering pension scheme members the choice to reshape their benefits to better suit their individual circumstances.</li><li>Analysis of mortality and other demographic factors to predict future trends within Aon's Demographic HorizonsTM team.</li></ul>Your DevelopmentAs an Aon Graduate, you will be enrolled onto our Launch Programme when you join. This development programme is built around 3 core elements:<ul><li>Business learning &ndash; on the job learning and experiences giving you the opportunity to develop your knowledge and understanding of the team and solution line you have joined.</li><li>Centralised learning - UK graduates complete in an Aon Induction, monthly webinars, business skills training and workshops; all designed to help you develop your knowledge of Aon, build your confidence and your network across our business.</li><li>Professional Qualifications &ndash; we want you to be as successful as possible, so we&rsquo;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&rsquo;ll receive paid study leave, plus an extensive range of study and tuition materials. To find out more about the actuarial qualification please visit actuaries.org.uk</li></ul>Your career beyond your Graduate programmeOnce you&rsquo;ve completed the formal graduate programme, you&rsquo;ll continue to receive lots of support at Aon. As well as continued technical and business skills training, you&rsquo;ll receive support for your actuarial qualifications. To aid your professional development you&rsquo;ll receive regular performance feedback, and work with your line manager towards promotions, which are considered twice a year, enabling you to progress from a graduate Analyst, to Associate Consultant, then Consultant and beyond.Throughout this time you&rsquo;ll have the chance to explore different career paths, you may choose to specialise in advising trustee clients, or corporate pension scheme sponsors. There&rsquo;s also the opportunity to join and develop a role in one of Aon&rsquo;s specialist teams, like those listed above. Whichever route you choose, we&rsquo;ll provide support and training at every step, giving you the tools you need to build an exciting career at Aon.Next StepsIf you are interested in this graduate programme and would like to apply, here is some useful information:Entry Requirements:<ul><li>As Actuarial Consulting is a mathematically based career path you will need to have or be on track to achieve a 2:1 degree (or equivalent) in a maths, actuarial science, or other highly numerate degree</li><li>You will need to have achieved an A-grade or above in Maths A-level, A-grade in Maths Scottish higher or international equivalent of this</li></ul>What are we looking for?<ul><li>Motivation and ambition to pursue an actuarial career &ndash; you will need to be able to articulate why you want to be an actuary</li><li>Passion and inquisitiveness &ndash; we are looking for candidates who want to understand what we do and are eager to learn more</li><li>Commercial awareness &ndash; this helps us to provide support and advice to our clients with clarity and confidence</li></ul>

<div>Join Aon as an actuarial consulting pensions summer intern and spend 9 weeks discovering how our team of specialists from around the world help businesses make smart choices about their employees’ pensions — now, and into the future.We recognise the learning, development, and social value for our Early Career colleagues of being in the office environment from the start of their programme. All our interns will spend most of their time in the office and occasional time working from home or a client site.Aon is in the business of better decisionsAt 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.Wealth Solutions : RetirementRight 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 leaders in actuarial consulting, our consultants are here to advise our clients on their defined benefit pension schemes, helping them to manage the associated financial and operational risks, now and in the future. As an Aon summer intern, you’ll work alongside the best and brightest in the industry, earning as you learn and building your career as an Actuary!Your role as an Actuarial Intern in Wealth Solutions : RetirementAs an actuarial intern, you’ll find that no two days are the same. You’ll have the opportunity to work on a range of client teams with colleagues who provide advice and support to either the trustees managing the pension scheme, or the company that provides it.Our aim is to help you learn about the potential career path ahead of you, while being given real responsibility on client projects. We'll work through classroom-based and on-the-job training to develop your technical and consulting skills — including your understanding of key calculations, communication techniques, project management and networking.What your day could look like:Actuarial and Analytical Tasks, such as:<ul><li>Regular assessment of the financial position of pension schemes</li><li>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</li><li>Carrying out calculations relating to the pension scheme for the company's financial accounts</li><li>Carrying out calculations with respect to individual pension scheme members' benefits</li><li>Estimating pension protection fund levies</li></ul>Client Focused Tasks, such as:<ul><li>Day-to-day management of the pension scheme and internal projects</li><li>Building and maintaining relationships with clients and other stakeholders of the scheme</li><li>Attending and presenting at client meetings</li></ul>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 specialist teams, focusing in areas such as:<ul><li>Risk Settlement, advising clients on the best way to reduce risk through transferring it to a third party</li><li>Member Options, helping clients reduce risk and/or cost by offering pension scheme members the choice to reshape their benefits to better suit their individual circumstances.</li><li>Analysis of mortality and other demographic factors using Aon's Demographic Horizons</li></ul>Your DevelopmentAs an Aon Summer Intern, you will be enrolled onto our award-winning development programme. For 9 weeks you will have the opportunity to take part in a wide range of insightful and interactive training and development activities in addition to your role.  Here are couple of key elements of our intern’s 9-week development programme:<ul><li>Induction – a great way for you to learn about Aon and our Story, meet and network with your fellow interns and Aon colleagues from across our business including senior leaders; technical and business training to equip you with skills and knowledge to help you in your role</li><li>Aon Business focused project – our interns are given a project to complete during the programme. You and your team of fellow interns will be tasked to research and help to find solutions for a real business challenge. At the end of the internship, you will have the chance to present your findings to a panel of Aon colleagues</li><li>Feedback – when you start as an intern at Aon, you will have time with your line manager to discuss your goals and throughout your internship you will receive feedback and support.</li></ul>Your career beyond your Summer InternshipOnce you’ve completed the formal summer internship programme, depending on your performance, you may be offered a role on our graduate programme for the following year. When you return, you’ll be part of our Launch development programme where we’ll fully support your study towards your professional qualification.Entry Requirements:<ul><li>You will need to be on track to achieve a 2:1 degree (or equivalent) in a numerate / semi-numerate subject area</li><li>You will need to have achieved an A-grade or above in Maths A-level or equivalent</li></ul>What are we looking for?<ul><li>Motivation and ambition to pursue an actuarial career – be able to articulate why you want to be an actuary</li><li>Passion and inquisitiveness – we are looking for candidates who understand what we do and are eager to learn more</li><li>Commercial awareness – this helps us to provide support and advice to our clients with clarity and confidence</li></ul>Programme dates:June – August 2023How we support our colleaguesIn addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.  We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law.Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.</div>

<ul><li>Competitive salary, actuarial study support and holiday package.</li><li>Office or hybrid, full-time role.</li><li>Start date ASAP.</li></ul>We are looking for a trainee actuary to join our team of DB Pension scheme valuation specialists based in St Albans, Hertfordshire. Current staff include 3 qualified actuaries, each with over 25 years’ experience and 3 part qualified actuaries.We work on hundreds of different schemes every year for our clients who are insurers in the buy-out arena. Several clients with differing demands in a dynamic market means we are constantly dealing with new challenges.The ideal candidate will have a numerate degree and be comfortable with Excel. You will be expected to initially act as ‘doer’ on valuations, moving on to helping as 'checker' over time. You will in time become an expert user in our actuarial valuation tools (Excel & Mo.net).Study support is available for actuarial study material and exams.Applications close on Tuesday 3 January.Please note that we are unable to sponsor applicants with temporary visas.

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