Commercial Risk Consulting New Grad

Commercial Risk Consulting - Graduate Programme 2027

Start Date 1^st September 2027

Application closing date 7^th December 2026 
Please note, we may close earlier if we receive the quantity, quality & diversity of applications required.

Better Decisions Begin with You

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.

Launch Your Career in Commercial Risk Consulting

Join Aon as a Commercial Risk Consulting graduate and, from day one, you’ll be an integral part of either our Strategic Engagement (Inpoint) or Aon M&A and Transaction Solutions (AMATS) team. You’ll help clients navigate complex business challenges, handle risk and make better-informed decisions.

Strategic Engagement (Inpoint):

Inpoint is Aon’s carrier engagement and management business, working primarily with insurers across Commercial Risk. Our teams use market insight, portfolio analytics and Aon’s broader capabilities to build stronger, more strategic relationships with carrier partners.

Strategic Engagement is focused on helping Aon and its carrier partners identify shared priorities, understand portfolio performance and turn insight into meaningful action. This is not a traditional strategy consulting role. It is a relationship-led, data-informed opportunity at the centre of Aon’s engagement with the insurance market.

As a Strategic Engagement Graduate, you will work with colleagues across Strategy & Technology Group (STG), the Global Broking Centre (GBC) and Commercial Risk UK. You will help prepare insight for senior conversations with insurers, support engagement on portfolio opportunities and contribute to initiatives that strengthen how Aon and its carrier partners work together.

The role offers exposure to senior leaders across Aon and the insurance market. It also provides the chance to build a strong understanding of commercial insurance, carrier priorities, broking, and portfolio dynamics.

What You Will Do

• Analyse market, carrier and portfolio information to identify trends and opportunities, turning data and analytics into practical insights for carrier and internal partners discussions
• Support strategic relationship planning and engagement for key insurers, helping teams establish clear priorities, actions and follow-through while deepening your knowledge of customer relationship management
• Collaborate across Inpoint, GBC and Commercial Risk UK to understand carrier objectives, capture insight and coordinate engagement with the market, building your project management and consulting skills over time
• Contribute to strategic carrier meetings and senior collaborator discussions and learn how strong commercial relationships are developed throughout Aon and the insurance sector
• Prepare clear, high-quality materials and presentations for strategic meetings and portfolio reviews, using focused research and document review to communicate complex information concisely

Aon M&A and Transaction Solutions (AMATS):

Mergers and Acquisitions (M&A) and other event-driven situations can be complex, time-critical and highly specialised. The AMATS team typically assists clients in three core areas, prior to, during and/or after completion of an M&A deal or other investment opportunity, by:

• Providing due diligence on a ‘target’ business across a wide range of deal-critical areas, including risk & insurance, cyber & digital, human capital and climate matters. This diligence evaluates the target’s risk exposures - past, current, and future - which may impact transaction value for the buyer
• Arranging insurance solutions aimed at de-risking transaction liabilities and enhancing investor returns, often removing deal-breaking risks. This involves structuring and placing solutions like warranty & indemnity insurance and using insurance capital to mitigate contingent risks, such as tax and litigation
• Delivering portfolio value creation programmes for financial sponsors, including private equity, infrastructure funds, and real estate investors. Use their portfolio scale and insights from analysis, coordinate efforts to reduce the total cost of risk and improve governance

The clients include financial sponsors and Corporates, with transaction sizes ranging from small UK domestic deals (such as Voyage Care’s acquisition of Orchard Healthcare) to some of the largest cross-border transactions (such as KONE’s $34.4 billion combination with TK Elevators). Further deal examples can be found on Aon’s LinkedIn page.

You’ll gain exposure to several parts of our transaction advisory and broking business to help build your understanding of why clients implement M&A deals and how Aon supports their business and investment objectives.

What You Will Do

• Support transaction advisory work for private equity, infrastructure, real estate and corporate clients, helping the team research and analyse risks connected with M&A deals
• Support the arrangement of M&A insurance solutions by helping colleagues prepare information for the insurance market and learning how transaction risks can be transferred
• Coordinate Aon expertise across practices and geographies while developing your internal network and learning to handle actions and workstreams across a fast-moving transaction process
• Help identify relevant Aon products, services and solutions that may support client deals and investment objectives, applying commercial judgement and broader business context
• Build strong collaborative connections with clients, insurers, M&A advisers and internal collaborators, while developing your consulting and business communication skills over time

Your Development

As an Aon Graduate, you will be enrolled onto our Launch Programme when you join. Alongside your broader development, you will progressively build the technical and professional capabilities needed for the role. This development programme is built around the following core elements: 

1. Business learning. On the job learning and experiences giving you the opportunity to develop your knowledge and understanding of the team and solution line you have joined.

2. Centralised learning. Our UK graduates complete in an Aon Induction, monthly webinars, business skills training and workshops; all designed to help you develop your knowledge of Aon, build your confidence and your network across our business.

3. Professional Qualifications. To enable you to be as successful as possible, as part of your role, you will be expected to complete our Go Further Apprenticeship programmes. We’ll fully support your study towards the level 4 Diploma in Insurance from the CII (Chartered Insurance Institute) and beyond. To support you as you study for your exams, you’ll receive paid study leave, plus an extensive range of study and tuition materials.

Your career beyond your Graduate programme

Once you’ve completed the formal graduate programme, you’ll continue to receive lots of support at Aon. As well as continued technical and business skills training, you’ll receive support for your CII qualifications. To aid your professional development you’ll receive regular performance feedback, and work with your line manager towards promotions.

Next Steps

If you are interested in this programme and would like to apply, here is some useful information:

Please review the information on each team and select your first-choice preferred team should you be successful. Please note that, where possible, we will try to consider you for your first-choice preference, however we cannot guarantee your first choice due to availability of roles. If your top preference is unavailable at the time of your Assessment Centre, we will also consider you for the other teams.

Entry Requirements:

• You will need to have or be on track to achieve a 2:1 degree (or equivalent) in any degree subject.
• To ensure compliance with UK law, successful candidates must demonstrate their right to work in the UK throughout the duration of their time in role.

What are we looking for?

• Motivation and ambition to pursue a career in Commercial Risk Consulting. You should be able to explain why Strategic Engagement (Inpoint) or AMATS at Aon interests you and how it aligns with your longer-term goals
• AI literacy, prompt engineering and AI judgement. Comfortable using AI-enabled technologies such as Copilot, analytics platforms and digital productivity tools, able to refine outputs and assess their accuracy, relevance and appropriateness
• Client centricity, strategic thinking and commercial awareness. Curious about the insurance market and able to connect your work to client and carrier outcomes while considering wider business priorities
• Critical thinking, problem solving and analytical skills. Able to analyse information, identify patterns, challenge assumptions and draw evidence-based conclusions using digital tools and data
• Strong communication and collaboration skills. Able to explain complex information clearly, ask thoughtful questions and build positive working relationships with a range of internal and external partners
• Results driven, dependable and adaptable. Takes ownership, applies feedback, continuously develops skills and can manage changing priorities while delivering accurate, high-quality work
• Inclusive. Values different perspectives, challenges assumptions and helps create an environment where everyone feels respected and able to contribute

Locations: 

Here are the locations where we have graduate opportunities this year: London

We recognise the value for our Early Career colleagues of being in the office environment from the beginning of their programme. As a new graduate, you will spend the first 6 months based in the office to support your learning, development, and progression. This will enable you access to support from managers, collaborate with colleagues as well as grow your network across Aon. After completing this initial training period, you will then have the opportunity to work more flexibly, spending at least 3 to 4 days face to face in the Aon office or with clients.

Aon UK Graduate Recruitment: What to Expect

We know applying for your first graduate role can be exciting, and sometimes a little daunting. At Aon, we’re committed to making our recruitment process as transparent and supportive as possible. Here’s how our selection journey works, and what you can expect at each stage:

1. Application Review

• We process applications on a rolling basis, moving candidates forward as they complete each stage.
• Every application is carefully reviewed by our team (not by AI).
• Due to the high volume of interest, this stage can take up to two weeks.
• Please note: We do not review CVs or cover letters at this point.

2. Online Assessment

• We understand you want to put your best foot forward, so you’ll have 5 calendar days to complete the online assessment.
• If you need more time, just let us know as extensions are available.

3. Video Interview

• Preparation matters, so you’ll have up to 10 days (240 hours) from receiving your invitation to record and submit your video interview.
• Rest assured: Every video interview is reviewed by a real member of our recruitment team, not an AI system.
• You’ll typically hear back from us within 2-3 weeks after submitting your interview, though times may vary depending on the number of applications.

4. Assessment Centres

• Our assessment centres are held in person at the Aon office closest to the location you applied for.
• Please note: Due to the large number of applications, not every candidate who completes a video interview will be invited to an assessment centre.
• Assessment centres usually run after Christmas, from mid-January.
• If selected, you’ll have 7-14 days’ notice to help you arrange any travel.
• We run a limited number of Assessment Centre so please make every effort to attend if invited.
• We reimburse reasonable travel costs (such as standard class train tickets). Flights and hotels are only covered if agreed in advance.
• At the assessment centre stage, your CV and cover letter will be shared with hiring managers. This helps them get a fuller picture of you as a candidate—but these documents are not used for initial screening.

What is Aon's guidance of the use of AI during the selection process?

As an innovative global leader, we recognize and embrace the power of Artificial Intelligence (AI) to help job seekers be more efficient in their recruitment processes. In fact, Aon is in the business of developing and implementing innovative AI tools that support both colleagues and clients, which you’ll use as an Aon colleague if you join our team.

AI can be a helpful tool for researching Aon, preparing for interviews or refining your CV, it should support, not replace, your own thinking, judgement, skills and experiences. Any application materials you submit should accurately reflect your achievements, capabilities and potential.

We ask that you refrain from using AI when completing assessments or during live or pre-recorded interview processes, which will often include an in-person interview where the technology will not be available to you. Additionally, virtual or in-person interviews should not be recorded or transcribed.

At Aon, we foster a culture of inclusiveness, fairness and transparency. We expect all candidates to embrace these principles in every interaction with us.

Can I apply for more than one programme or role?

We ask candidates to submit one Early Carers application per recruitment cycle. We encourage you to explore our opportunities carefully and apply for the programme or role that best matches your skills, interests and career goals. This helps you focus on submitting your strongest application and ensures we can assess candidates fairly and efficiently.

If, during the selection process, we believe another opportunity at Aon may be a better fit for your experience and aspirations, our recruitment team may discuss alternative options with you.

If you're unsure which programme is right for you, we recommend reviewing the programme information on our careers site or attending one of our events before applying.

Top Tip: Choose the role you're most excited about, rather than treating a second application as a back-up option. We want to understand where your genuine interests lie and how you see your future career developing.

We’re here to support you every step of the way. If you have any questions or need accommodations, just contact our team - [email protected]. Good luck, and we look forward to seeing what you can bring to Aon!

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