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Deadline

05 Jan 2024

We’re hiring!

Join Aon on our 12-month Investment Consulting placement and step into life as a valued member of our elite team of specialists. Our consultants have been advising employers and governments on their pension schemes and other assets — totalling around $4 trillion — for over 60 years.

You can apply for a Placement in one of several specialist teams focused on helping our clients on everything from setting investment strategies and selection of investment managers, to supporting our consultants on all aspects of environmental, social and governance; or working with pension scheme trustees to implement their long-term strategies efficiently and target better outcomes.

Whichever team you join, this is your opportunity to immerse yourself in our fast-paced, inclusive culture and learn from the best.

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 decisions

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.

Within our Investment Consulting Industrial Placement programme, we recruit students into the following specialist teams:

Investment Consultants – Client Group

Join us as an investment consulting industrial placement student in either our Defined Benefit (DB) Client Group or Defined Contribution (DC) Client Group, helping to advise our clients on everything from setting investment strategies and selection of investment managers to corporate transactions and asset transfers.

  • You’ll be a key member of our dedicated teams, playing a vital, hands-on role in giving our global clients the support they need. This involves providing investment servicing and advice covering markets and strategic considerations, such as managing assets (for both the DB and DC Client Groups) and liabilities (for the DB Client Group only). You’ll gain early experience of dealing with a wide range of investments, adapting them around economic conditions and outlooks.
  • In the DB Client Group, you’ll also learn how and why pension scheme liabilities change because of economic assumptions – such as inflation, interest rates and the effect that market movements have on invested assets. Whilst in the DC Client Group, you’ll learn about the DC pension vehicles, applicable regulatory and legislative rules and main asset classes and investment theory relating specifically to a DC pension scheme.

Responsible Investment

Students may have the opportunity to spend time with this specialist team supporting our investment consultants on all aspects of environmental, social and governance (‘ESG’).

  • Supporting our consultants to provide our global clients the support and advice they need with regards to RI. This involves an increasingly wide range of work including but not limited to providing and delivering RI client presentations and training materials through to assisting with the development of clients’ climate change management strategies. You’ll also have the opportunity to be involved in developing new areas and materials to take to our clients.

Delegated Consulting Services

We have been delivering delegated consulting services to pensions schemes globally since 2009, and currently handle around £160bn of assets. We work with pension scheme trustees to implement their long-term strategies efficiently and target better outcomes.

  • You’ll be a key member of Delegated Consulting Services (also known as fiduciary management), which is a part of the business where we focus on handling pension scheme assets on the behalf of pension trustees. Each team within DCS carries out a specialised role:
  • Portfolio Risk – The team helps to handle the risks that a pension scheme faces. You would be joining a technical team, handling liability driven investments and calculating the performance of pension schemes. Whilst the team is not client facing, we have strong relationships with consulting teams and investment managers.
  • Portfolio Specialist – You would work alongside the portfolio managers as technical experts on Aon’s fund solutions and fully delegated solutions. Your role would include explaining the performance and positioning of these solutions to investors, prospects, third party evaluators, internal consultants, and other internal teams. You’d also have the opportunity to help shape the evolution of these solutions to meet changing client needs.
  • New Business Support – You would be directly supporting the growth of the business. Your role would be to understand all the technical solutions that the advisory and asset management businesses offer and explain them in a compelling way to clients and prospects. You’d be working with very senior stakeholders from day one and because proposals can include questions on any area of the business it is a great way to learn about the industry and create internal networks.
  • Portfolio Managers – Our team manages institutional clients’ assets across the broadest spectrum of investments, equities, bonds, alternative strategies, and private markets. Our clients delegate to us decisions such as investment strategy, risk hedging and the selection of specialist investment managers, all to help them to achieve their investment objectives. The team follows financial markets closely, analysing macroeconomic and technical drivers. Whilst not a specific client-facing role, senior Portfolio Managers often speak with clients about how we manage their investments.

Your Development

During 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 some key elements of our development programme:

  • Induction – Learn about Aon and our Story, meet and network with your fellow placement cohort 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
  • Aon Business focused project – 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
  • Feedback – 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.

Your career beyond your Industrial Placement

Once you’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’ll be part of our Launch development programme where we’ll fully support your study towards your Investment Management Certificate (IMC) Professional Qualification. After that, we’ll ask you to choose between taking either the Chartered Financial Analyst (CFA) or Institute and Faculty of Actuaries (IFoA) professional qualification.

Next Steps

If you are interested in our Industrial Placement programme and would like to apply, here are some things to help you:

Entry Requirements:

  • You will need to be on track to achieve a 2:1 degree (or equivalent) in any degree subject area
  • You will need to be eligible for an Industrial Placement, which means you are currently studying for your undergraduate degree and the placement will be undertaken in the 3rd year of a 4 year degree.

What are we looking for?

  • Motivation and ambition – you will need to be able to articulate why you want to join the Investment consulting programme
  • Passion and inquisitiveness – we are looking for candidates who want to understand what we do and are eager to learn more and develop your own views and ideas on economic and investment markets
  • Commercial awareness – this helps us to provide support and advice to our clients with clarity and confidence

Locations: Birmingham, Leeds, London

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. 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.

  • Job Type: Undergraduate Level
  • Area of Specialism: Loss Adjusting, Underwriting
  • Degree Result Required: 2:1
  • Location: Birmingham, Leeds or London
  • Salary: Competitive
  • Start Date: August 2024
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