Aon Summer Internship Programme 2027 - Actuarial Consulting - Pensions (Regional Locations)

Aon; Farnborough; On-site; GBP 25,000 - 32,000; Part time

Job summary

Aon invites you to join the Actuarial Summer Internship Programme in 2027, based in the UK. You will work alongside experienced colleagues, gain hands-on actuarial experience and develop skills in data analysis, modelling, and client communication.

The programme emphasizes structured learning and real responsibility on client projects. The role offers exposure to specialist areas like Risk Settlement and Mortality analysis, with a nine-week development track and guidance from line managers.

Qualifications

• No actuarial expertise required on day one.
• Structured learning and hands-on experience to develop core skills.
• Opportunity to build quantitative, consulting and communication abilities.

Responsibilities

• Support pension scheme analysis by reviewing data, baseline calculations and model outputs.
• Assist with funding and accounting valuations, projections and pension scheme reporting.
• Conduct data and risk analyses to understand financial obligations and risks for clients.
• Help trustees and sponsoring companies manage scheme risks such as longevity and inflation.

Job description

Actuarial Consulting Pensions - Summer Internship Programme 2027 - Regional Locations

Start Date: 21 st June 2027

Application closing date: 7 th December 2026

Please note, we may close earlier if we receive the quantity, quality & variety 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.

Wealth Solutions: Retirement

Aon's Wealth Solutions: Retirement teams help organisations make better decisions about pensions, retirement programmes and long‑term financial commitments. In the UK, companies hold significant assets in pension schemes and must plan carefully to meet their obligations over many years. Our actuarial consultants advise trustees and employers on defined benefit pension schemes, helping them understand funding positions, manage financial and operational risks and prepare for the future.

Your role as an Actuarial Summer Intern

As an Aon Summer Intern, you will work alongside experienced colleagues, earn as you learn and explore what a career as an actuary could look like. You do not need to be an actuarial expert on day one. Through structured learning and hands‑on experience, you will begin developing the quantitative, consulting and communication skills used to help clients understand and manage financial risk.

No two days are the same. You will work across a range of client teams, supporting colleagues who advise either the trustees responsible for pension schemes or the companies that sponsor them. You will gain hands‑on actuarial experience while developing your understanding of how data, models, clients and strategy come together to bring value.

Our aim is to help you understand the potential career path ahead while giving you real responsibility on client projects. Through classroom‑based and on‑the‑job learning, you will develop your technical and consulting skills, including key calculations, communication, project management, commercial awareness and the effective use of AI‑enabled and global delivery workflows.

What your day could look like:

Actuarial and analytical tasks may include:

• Supporting pension scheme analysis by reviewing data, baseline calculations and model outputs, testing scenarios and spotting anomalies.
• Supporting funding and accounting valuations, projections, benefit calculations, data reconciliation and pension scheme reporting.
• Conducting data and risk analysis to help clients understand financial obligations, risk drivers, assumptions, market trends and potential future outcomes.
• Identifying ways for trustees and companies to manage or reduce scheme risks, including longevity, investment and inflation risk.

Client-focused tasks may include:

• Drafting reports, presentations and analysis summaries that support good governance, financial reporting and client decision‑making.
• Supporting workstreams, maintaining documentation and contributing to the day‑to‑day delivery of pension scheme and internal projects.
• Supporting colleagues in client meetings, building relationships and presenting analysis in a clear and accessible way.

You may also gain exposure to specialist areas, depending on business need, such as:

• Risk Settlement, advising clients on the best way to reduce risk through transferring it to a third party.
• 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.
• Analysis of mortality and other demographic factors to predict future trends within Aon's Demographic Horizons team.

Your Development

As an Aon Summer Intern, you will take part in a structured development experience that combines meaningful work, business learning, skills development and relationship‑building across Aon. It is built around three core elements:

• Business learning. On‑the‑job learning with actuarial consultants, client teams and solution line specialists, helping you develop your knowledge of Wealth Solutions: Retirement and the wider Aon business.
• Centralised learning. An Aon induction, business skills training and workshops designed to build your confidence, knowledge and network across our business.
• Feedback and support. Time with your line manager to agree your goals, alongside regular feedback and support throughout the nine‑week internship.

Your career beyond your Summer Internship programme

Our summer internship is designed as a potential first step towards a long‑term career with us. Your performance during the internship may lead to an offer for a place on our graduate programme in the same business area the following year. We encourage you to apply for an internship that aligns with your long‑term interests and career ambitions. If you later join Aon as a graduate, you will have access to the structured development, technical training and support associated with that graduate role, including support towards the relevant actuarial qualification.

Next Steps

Here is how our selection journey works, and what you can expect at each stage:

• 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.

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.

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.

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 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.

Aon's guidance of the use of AI during the selection process?

As an innovative global leader, we recognize and embrace the power of Artificial Intelligence (AI) to help job seekers be more efficient in their recruitment processes. In fact, Aon is in the business of developing and implementing innovative AI tools that support both colleagues and clients, which you'll use as an Aon colleague if you join our team.

AI can be a helpful tool for researching Aon, preparing for interviews or refining your CV, it should support, not replace, your own thinking, judgement, skills and experiences. Any application materials you submit should accurately reflect your achievements, capabilities and potential.

We ask that you refrain from using AI when completing assessments or during live or pre‑recorded interview processes, which will often include an in‑person interview where the technology will not be available to you. Additionally, virtual or in‑person interviews should not be recorded or transcribed.

At Aon, we foster a culture of inclusiveness, fairness and transparency. We expect all candidates to embrace these principles in every interaction with us.

Applying for more than one programme or role

We ask candidates to submit one Early Carers application per recruitment cycle. We encourage you to explore our opportunities carefully and apply for the programme or role that best matches your skills, interests and career goals. This helps you focus on submitting your strongest application and ensures we can assess candidates fairly and efficiently.

If, during the selection process, we believe another opportunity at Aon may be a better fit for your experience and aspirations, our recruitment team may discuss alternative options with you.

If you're unsure which programme is right for you, we recommend reviewing the programme information on our careers site or attending one of our events before applying.

Top Tip: Choose the role you're most excited about, rather than treating a second application as a back‑up option. We want to understand where your genuine interests lie and how you see your future career developing.

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

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