What stood out to you about Aon?
I chose Aon as it’s one of the market leaders for actuarial consultancy, and I wanted to be part of a global company as there would be more opportunities.
What are your main duties?
My role involves carrying out the calculations and modelling for Defined Benefits pension funds, getting involved with quarterly funding updates, LDI modelling, annual reporting and triannual valuations. The work is very technical with an emphasis on client interaction which increases over time.
Why did you choose this sector?
In the actuarial world there are three paths you can take: General Insurance, Life Insurance and Pensions. I chose Pensions as this is the most client-facing role out of the three and would involve the most consulting/advising.
What skills are useful in your role?
A strong desire to problem-solve is essential. The work is challenging and often not straight-forward, so it helps to be able to navigate problems well which is why actuaries are typically from a STEM background.
What do you find most rewarding and most challenging about your role?
The role is very challenging as with each pension scheme, there are different assumptions, rules and phases so you are constantly having to learn and develop. Personally, I really like this as it keeps the work engaging and allows you to progress. Also, the hours are very good with not a lot of overtime needed.
Outside of your day-to-day role, are you involved in any extracurricular activities at Aon?
I’m part of the social committee in the Bristol office which organises the Summer and Winter socials. Alongside this I have arranged a hiking trip and bouldering social. And I play football every week and participate in the running club.
Do you have any advice for anyone wanting to enter the profession?
- Don’t be afraid to give anything a go – failure is better than omission.
- Be inquisitive and eager to learn.
- Communication is highly important in a role like this so be sure to highlight your skills.