Senior Risk Consultant

Senior Risk Consultant

Do you want a career in a Risk Consulting role advising large institutional clients on their pension scheme asset, liability and longevity strategies, supported by Aon’s breadth of specialist knowledge and expertise? Would you enjoy being part of a diverse team focused on driving positive outcomes for both clients and colleagues? If you’re passionate about joining an innovative and market leading business, then read on!  

This is a hybrid working role with flexibility to work both virtually and from a range of Aon office locations including London, Bristol, Birmingham, and Edinburgh.

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 organization, 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 like

Pension scheme clients need expert advice that considers both investment and traditional actuarial matters together, and they expect this technical analysis to be delivered using the latest modelling software.

You’ll help us deliver the highest quality advice to our clients. In return, we’ll help you become an expert, with training on our asset and liability modelling approaches, cutting edge tools and computer programming techniques. A wide variety of roles are available in the team as you develop, ranging from client-facing consulting roles through to technical model development depending on your interests.

Your day-to-day focus will include:

• Specialising in asset and liability modelling in relation to pension scheme investment strategies and advising on strategic decisions on pension scheme funding, risk management and member security
• Helping pension schemes to monitor and manage interest rate and inflation risks within their portfolios
• Being a Strategy Advisor to a portfolio of clients as a risk specialist and as an expert in our consulting apps that are developed in-house
• Developing our modelling techniques to maintain Aon’s position within the market
• Share responsibility for the ongoing running of the team and mentoring of more junior colleagues
• Contributing to the thought leadership of the business through research and development.

How this opportunity is different

At Aon, the opportunity is much wider than just the local consulting team. You’ll quickly build a network across different offices, business areas and Aon teams, working with a variety of clients. With a ever-changing investment backdrop, we quickly allocate teams and dedicate resource to respond to market developments, providing a vast array of opportunities for consultants to specialise and create their own role within the business. A great example is the rapid development and growth of our Responsible Investment capability over recent years.

Aon will give you the opportunities to work with consultants across our market-leading Investment and Retirement practices, as well as market-leading Delegated Consulting, DC and Risk Settlement teams. We have a wealth of market-leading specialists prepared to support you in your role, producing thought-provoking content and assisting with the delivery of bespoke advice to clients. Continued investment in our infrastructure and systems that support our 50,000 strong global workforce ensures you can efficiently manage your time to drive value and business results.

There is a strong focus on sharing of ideas and working as a team within the UK Investment and Retirement practices and more broadly across Aon. During each week there are multiple department wide video conference calls keeping consultants up to date on latest business results, ideas from specialist teams and opportunities for colleagues to put themselves forward to support new initiatives.

Recent joiner from a competitor: “At my previous company we had one person responsible for the vast majority of thought leadership and market updates. My mind was blown when I learned that at Aon we have dedicated teams of economists, risk settlement experts, a Responsible Investment team, and more! As well as making us so much more dynamic when responding or anticipating market or industry events, it also gives colleagues great opportunities to specialise in different emerging areas.”

Skills and experience that will lead to success

We’re looking for individuals with skills that include:

• Independent problem-solving
• Mathematically capable/literate
• A desire to grow your knowledge to master actuarial techniques and be equally comfortable with both pension scheme assets and pension scheme liabilities
• Ability to work with others to develop implementable solutions, and to communicate the results to wide audiences
• An interest in, or experience with numerical modelling – we’re not overly concerned about the context, but strong Excel skills would be beneficial
• Consistently acts with the highest integrity and professional standards

You don’t need to knock the lights out in all of the above – one of our strengths is that we have a diverse team.

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.