Summer Internship Programme - Investment Consulting 2024

Aon

Sep 8, 2023

Applications are closed

Internship
Full-time
Summer Internship
Consulting
Banking & Finance
Edinburgh, +3

Requirements

You will need to be on track to achieve a 2:1 degree (or equivalent) in a numerate / semi-numerate subject area.
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

Responsibilities

Investment Consultants – Client Group:
Join us as an investment consulting intern 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:
Join our specialist team supporting our investment consultants on all aspects of environmental, social and governance (‘ESG’).
You’ll be a key member of our dedicated Responsible Investment (“RI”) team, playing a hands-on role in supporting our consultants 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.
Initially, you will be involved in a wide range of tasks, but as you discover your interests, there will be the opportunity to develop and specialise further in that area.
Delegated Consulting Services:
We have been delivering delegated consulting services to pensions schemes globally since 2009, and currently manage 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 managing pension scheme assets on the behalf of pension trustees. Each team within DCS carries out a specialised role:
Portfolio Risk - The team helps to manage the risks that a pension scheme faces. You would be joining a technical team, managing 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.

Aon

Aon is in the business of better decisions

Consulting

Industry

10,001+

Employees

1940

Founded Year

Mission & Purpose

Aon is a global professional services firm that specializes in risk management, insurance brokerage, and human resources solutions. They offer a wide range of services including risk assessment, insurance brokerage, retirement and health solutions, and data analytics. Aon's ultimate mission is to empower clients to manage risk effectively, optimise their resources, and make informed decisions that drive business growth and resilience. Their purpose is to help clients navigate the complexities of risk and talent management, providing innovative solutions and insights that enable organisations to mitigate risks, protect assets, attract and retain talent, and enhance overall operational performance. Aon aims to be a trusted advisor, offering customised solutions that address the unique challenges of their clients across industries, ensuring they are well-prepared and positioned for success in a rapidly changing world.