Aon Graduate Programme - Insurance Actuarial Consulting & Reinsurance Analytics 2026

Aon Corporation; Greater London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading global consulting firm in London is offering an Insurance Actuarial Consulting & Reinsurance Analytics Graduate Programme for 2026. The programme seeks motivated individuals with strong numerical abilities and a passion for pursuing an actuarial career. Graduates will participate in pricing analysis, actuarial model development, and gain experience through technical training and client interactions. Successful candidates will achieve professional qualifications while working alongside experienced professionals. The role requires a 2:1 degree in a numerical field and an A-grade in Maths A-level.

Benefits

Paid study leave for professional qualification

Comprehensive training and development

Global Wellbeing Days

Qualifications

• You will need to have achieved an A-grade or above in Maths A-level.
• Be on track to achieve a 2:1 degree or equivalent in a relevant field.

Responsibilities

• Engage in reinsurance pricing and analysis.
• Participate in actuarial model building and testing.
• Prepare data and present results to clients and brokers.
• Conduct actuarial research and development.

Skills

Excellent numerical ability

Commercial awareness

Strong communication skills

Motivation and ambition to pursue an actuarial career

Ability to work collaboratively

Education

2:1 degree (or equivalent) in a maths, actuarial science, or other highly numerical degree

Job description

Insurance Actuarial Consulting & Reinsurance Analytics Graduate Programme 2026

Start Date: 2nd September 2026

Application closing date: 30th January 2026

Please be aware we may close earlier if we receive the quantity, quality & diversity of applications required.

Better Decisions Begin with You

At 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.

Insurance Actuarial Consulting & Reinsurance Analytics Graduate Programme

Join Aon as an actuarial consulting insurance graduate and get the unique opportunity to be part of either our Strategy & Technology Group (STG) or our Reinsurance Analytics team.

Below is more information about each team.

Strategy & Technology Group (STG) – Insurance Actuarial Consulting graduate programme

You will be part of a multi‑disciplined, collaborative, and friendly actuarial consulting team, that supports a wide range of clients across the life & non‑life insurance value chain.

Aon’s global client base, combined with heightened geo‑political, climate and economic uncertainty, and a market focusing on more data‑driven insights, means there is significant growth potential in our consulting opportunities.

STG, as Aon’s global consulting and technology business, have access to Aon’s proprietary data, software, and its global network of insurance industry experts, and as such are perfectly positioned to provide innovative and compelling insights for clients into the sources of competitive advantage in our industry.

As an STG Actuarial Consulting graduate, you will be part of a growing team of 45+ actuarial consultants working on a variety of projects, learning from experienced professionals whilst starting your journey towards a professional qualification.

You will be joining a team that values outside‑the‑box, innovative thinking and encourages a self‑starter approach from day one. The team is committed to a strong collaborative culture across all projects, with graduates working directly with senior colleagues from the beginning.

The team prides itself on outstanding technical ability, as well as impactful communication to all levels of stakeholders.

As a graduate, you’ll also get involved in technical and consulting training 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.

Reinsurance Analytics Graduate Programme

Our Reinsurance Analytics team offers clients catastrophe management, actuarial, rating agency advisory and risk & capital strategy expertise. Whether working side‑by‑side with brokers on risk transfer products or engaging on broader analytic and modelling engagements, our 400+ specialists around the world consistently deliver innovation and thought leadership to clients.

As an Actuarial Graduate in Reinsurance Analytics, you will have responsibilities that include both the technical delivery of work and the communication of findings to brokers and clients. Some of your key responsibilities will involve:

• Reinsurance pricing and analysis
• Actuarial model building and testing
• Data preparation and presentation of results and advice to clients and brokers
• Actuarial research and development

Your Development

As an Aon Graduate, you will be enrolled onto our Launch Programme when you join. This development programme is built around 3 core elements:

1. Business learning. On the job learning and experiences enabling you to develop your knowledge and understanding of your team and solution line.
2. Centralised learning. Our UK graduates complete in an Aon Induction, monthly webinars, business skills training and workshops; all designed to develop your knowledge of Aon, build your confidence and your network across our business.
3. Professional Qualifications. To enable you to be as successful as possible, as part of your role, you will be expected to complete your study towards professional qualification as a Fellow of the Institute and Faculty of Actuaries (IFoA). To support you as you study for your exams, you’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

Your career beyond your Graduate programme

Once you’ve completed the formal graduate programme, you’ll continue to receive lots of support at Aon. As well as continued technical and business skills training, you’ll receive support for your actuarial qualifications. To aid your professional development you’ll receive regular performance feedback, and work with your line manager towards promotions, enabling you to progress from an Associate to Consultant and beyond. Your role will evolve as you gain experience, taking on greater project and client management responsibilities as you develop.

Next Steps

We have opportunities available in the Strategy & Technology Group (STG) team and Reinsurance Analytics teams.

Please review the information on each team and select your first‑choice preferred team should you be successful. Please note that, where possible, we will try to consider you for your first‑choice preference, however we cannot guarantee your first choice due to availability of roles. If your first choice is unavailable at the time of your Assessment Centre, we will also consider you for the other teams.

Entry Requirements

• As both programmes are mathematically based career paths, 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 numerical degree
• 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

What are we looking for?

• Motivation and ambition to pursue an actuarial career within Reinsurance – be able to articulate why you want to be an actuary, including completing the professional qualifications
• Excellent numerical ability. The team embraces the diversity of different numerate experience, with current team members having backgrounds in maths, actuarial science, physics, engineering, economics, and investment banking
• Passion and curiosity. We are looking for candidates who want to understand the relationship the Reinsurance industry has with the global and/or macro‑economic environment.
• Commercial awareness. This helps us to provide support and advice to our clients with clarity and confidence to enable revenue growth
• Strong communication skills, particularly being able to present complex ideas utilising data analysis, in a simpler, more understandable way
• A self‑starter that can take the initiative, work independently when needed but can also work collaboratively in a team environment

Locations

Both roles will be based in our London office.

We recognise the value for our Early Career colleagues of being in the office environment from the beginning of their programme. As a new graduate, you will spend the first 6 months based in the office to support your learning, development, and progression. This will enable you access to support from managers, collaborate with colleagues as well as grow your network across Aon. After completing this initial training period, you will then have the opportunity to work more flexibly, spending at least 3 to 4 days face to face in the Aon office or with clients.

Right to work

Our graduates are on permanent contracts from day one, we welcome applications from candidates who have their own right to work within the UK where you can maintain and demonstrate your right to work throughout the duration of your employment. This may include pre‑settled or settled status from the EU Settlement Scheme – or if you have applied and you are waiting for a decision.

Aon UK Graduate Recruitment: What to Expect

We know applying for your first graduate role can be exciting, and sometimes a little daunting. At Aon, we’re committed to making our recruitment process as transparent and supportive as possible. Here’s how our selection journey works, and what you can expect at each stage:

1. Application Review

• We process applications on a rolling basis, moving candidates forward as they complete each stage.
• Every application is carefully reviewed by our team (not by AI).
• Due to the high volume of interest, this stage can take up to two weeks.
• Please note: We do not review CVs or cover letters at this point.

1. Online Assessment

• We understand you want to put your best foot forward, so you’ll have 5 calendar days to complete the online assessment.
• If you need more time, just let us know as extensions are available.

1. Video Interview

• Preparation matters, so you’ll have up to 10 days (240 hours) from receiving your invitation to record and submit your video interview.
• Rest assured: Every video interview is reviewed by a real member of our recruitment team, not an AI system.
• You’ll typically hear back from us within 2-3 weeks after submitting your interview, though times may vary depending on the number of applications.

1. Assessment Centres

• Our assessment centres are held in person at the Aon office closest to the location you applied for.
• Please note: Due to the large number of applications, not every candidate who completes a video interview will be invited to an assessment centre.
• Assessment centres usually run from November to May. (With a pause over the Christmas holidays.)
• If selected, you’ll have 7-14 days’ notice to help you arrange any travel.
• We run a limited number of Assessment Centre so please make every effort to attend if invited.
• We reimburse reasonable travel costs (such as standard class train tickets). Flights and hotels are only covered if agreed in advance.
• At the assessment centre stage, your CV and cover letter will be shared with hiring managers. This helps them get a fuller picture of you as a candidate—but these documents are not used for initial screening.

We’re here to support you every step of the way. If you have any questions or need accommodations, just reach out to our team - [e-mail]. Good luck, and we look forward to seeing what you can bring to Aon!

How we support our colleagues

In 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.

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.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

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 [e-mail] and a member of the UK Early Careers team will contact you.

About Aon

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.

Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here.