Insurance, Reinsurance and Risk Management

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Introduction to the Stream

From increasing demand for natural resources driven by the dynamism of the BRIC economies to the impact on oil prices of ongoing political instability in the Middle East, the issues that face our Insurance, Reinsurance and Risk Management business are many and varied. The constant threat of terrorism, kidnap, military coups and piracy that affect the operations of construction companies, oil producers, airlines, shipping companies and other global businesses all fall into this complex mix.

Life is full of risk; it can't be controlled, but it can be managed. Our Insurance, Reinsurance and Risk Management Stream predicts and spreads risk so, in the event of major catastrophes, economies can keep going and people can get on with their lives. For example, Aon co-sponsors Tropical Storm Risk (TSR), which provides real-time mapping and prediction of tropical cyclone windfields worldwide, and provides an outlook report to coincide with the start of the Atlantic hurricane season.

Summer Internship Locations

London and Chelmsford

The role

Aon’s Commercial Risk Solutions and Reinsurance Solutions divisions deliver dynamic and bespoke intellectual and financial capacity to Aon clients all over the world. We help our global teams provide solutions to meet our clients' specialist insurance, reinsurance and risk management needs. Not only do we act in a wholesale and reinsurance capacity, we also deliver direct retail business to clients where appropriate.

Our summer interns begin with a training and induction period and receive continual on the job training throughout the programme, they are given real responsibility early on to ensure they leave with a deep understanding of their potential future career path. Our interns experience the full lifecycle of our business - from the trading of risk in the market, to winning new clients, to understanding the importance of claims. Client management and an understanding of client needs underpin this lifecycle and are key to all that we do. As such, our interns will meet and develop relationships with a broad spectrum of people including our own industry specialists, our clients and members of the wider London and international reinsurance markets.

If you are successful in securing offer for a graduate role, when you returned you would have the opportunity to study for the ACII (Advanced Diploma in Insurance) via the Chartered Institute of Insurers.

Requirements

To apply for our summer internship programme you can be in any year of your undergraduate degree or a graduate and have achieved or be on target to achieve at least a 2:1 or equivalent in any discipline. You must be numerically confident and have the desire and ability to excel in a competitive environment where personal communication is key. Building relationships is at the heart of what we do and you'll need to show that you can work collaboratively to develop solutions for our clients.

Please see the below table for clarification on which streams our Internship and Industrial Placement positions are available in. Please note that Graduate roles are available in all business areas listed below.

Internships Industrial Placements
Actuarial Consulting – General Insurance X
Actuarial Consulting – Pensions X X
Investment Consulting X X
Insurance Strategy Consultants X
Insurance, Reinsurance and Risk Management X
Cyber Security
Employee Benefits Broking and Consulting
Human Capital Solutions

* Please see the individual stream pages for latest details regarding available locations.

Application timetable

Applications open: Applications will open for our 2020 Internship and Industrial Placement roles in September 2019.
Application deadline: Applications for Internship & Industrial Placement roles close on 2nd February 2020, early applications are encouraged as selection will begin before applications close.
Assessment centres: Assessment Centres are due to take place between November 2019 and March 2020.

Events

Aon will be attending careers fairs, skills sessions and presentations throughout the autumn.
Please check back later for the list of 2019 Autumn events we will be attending.

Date University
Friday 13th September Bright Network Festival
Friday 27th September Cass Autumn Careers Fair
Monday 7th October Leeds - Autumn Fair
Tuesday 8th October Bristol - The Employer Showcase 2019
Wednesday 9th October UCL Careers - Banking, Finance & Economics Day 2 (Finance & Economics plus investment banking organisations)
Wednesday 9th October University of Surrey Autumn Careers & Placements Fair 2019
Thursday 10th October Warwick Autumn Careers Fair 2019
Thursday 10th October Birmingham Autumn Careers Fair 2019
Friday 11th October What Career Live (Apprentice event)
Saturday 12th October What Career Live (Apprentice event)
Tuesday 15th October Exeter Careers and Placement Fair
Wednesday 16th October University of Nottingham - Management, Consulting and Finance Fair
Wednesday 16th October Heriot Watt Actuarial Careers Fair
Thursday 17th October Bath Autumn Careers & Placement Fair 2018
Friday 18th October Bright: Proud to B
Monday 21st October Oxford University Finance Sector Fair
Wednesday 23rd October Durham Careers and Internship Fair
Wednesday 23rd October Cambridge - Careers for Mathematicians
Wednesday 30th October Cambridge Banking and Finance Event
Wednesday 30th October Bright Networking - Birmingham Event
Tuesday 19th November Jobs for Mathematicians - Oxford Uni