Commercial Risk - Strategic Consulting - Graduate Programme 2026

Start Date: 2^nd September 2026

Application closing date: 5^th December 2025

We reserve the right to close earlier if we received the quantity, quality & diversity of applications.

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.

Your role as a Commercial Risk - Strategic Consulting graduate:

Join Aon as a Commercial Risk Strategic Consulting graduate and from day one you’ll be integral to our Strategic Consulting, or Aon Mergers & Acquisition and Transaction Solutions (AMATS) team — helping our clients navigate an ever-evolving market to drive profit, growth and results.

We have opportunities available in two different teams within the Commercial Risk Strategic Consulting Graduate stream.

Please review the information below 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 first choice is unavailable at the time of your Assessment Centre, we may also consider you for the other teams.

Strategic Consulting:

Strategy Consulting, part of Aon’s Strategy and Technology Group (STG), works with (re)insurers, private equity firms, and other entities interested in the (re)insurance sector to deliver advice and strategic insights to senior leaders within the industry’s most prestigious companies.

With our singular industry focus, privileged access to Aon’s proprietary data and its global network of (re)insurance industry experts, Strategy Consulting offers clients unparalleled access to unique and compelling insights unlike any other consultancy.

As a Strategy Consulting Graduate, you’ll become part of our expert team who develop strategic recommendations for our clients’ most important business problems. You will be working on fast-paced, complex projects with a team of 2-4 Strategy Consulting colleagues. Most projects last 1-2 months, enabling Graduates to quickly develop skills and gain deep knowledge across a variety of topics and be exposed to many different colleagues and clients. Learning and development is a focus, with instruction in core consulting skills as well as (re)insurance industry knowledge through tailored training sessions and purposeful work experiences.

What your day will look like:

Working as part of a team that delivers high value strategic projects to insurers, re-insurers, and investors in the insurance industry on wide ranging strategic questions.
Undertaking market and primary research, financial and data analysis that informs the development of recommendations
Supporting the team in developing hypotheses, testing those hypotheses, and developing strategic recommendations
Contributing to the production of high impact client deliverables.

Aon M&A and Transaction Solutions (AMATS):

Mergers and Acquisitions are complex, time-critical and highly specialised. The AMATS team assists our clients in two main ways during an M&A situation (and sometimes outside M&A):

By providing specialist due diligence across a wide range of deal critical areas, including ESG, human capital, insurance, and cyber. This diligence evaluates exposures (past, current, and future) which may impact a transaction
By placing risk transfer solutions aimed at both de-risking transactions and enhancing investor returns, often removing deal-breaking risks. This involves structuring and placing solutions including Warranty & Indemnity insurance and using insurance capital to transfer contingent risks out of deals, such as tax and litigation

The clients include Financial Sponsors (Private Equity, Infrastructure funds, Real Estate investors) and Corporate businesses, with transaction sizes range from small domestic deals to large international transactions.

You’ll gain exposure to several areas of the M&A advisory and broking business unit — to support your understanding of the M&A Sector and the ways in which Aon supports their clients undergoing such transactions.

What your day will look like:

Supporting the team in the provision of transaction advisory solutions for private equity, infrastructure and corporate clients in support of their M&A processes.
Supporting the team in the broking of transaction liability policies within the insurance market
Co-ordinating internal Aon expertise/resources/ solutions across various practices and geographies, building an internal network
Helping to determine opportunities for cross selling other Aon products, services and solutions
Building and fostering client, insurer and other M&A advisor relationships

Your Development

As an Aon Graduate, you will be enrolled onto our Launch Programme when you join. This development programme is built around 3 core elements:

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
Centralised learning. 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
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 graduate programme and would like to apply, here are some things to help you:

Entry Requirements:

You will need to have or be on track to achieve a 2:1 degree (or equivalent) in any degree subject

Right to work

Our graduates are on permanent contracts from day one, we welcome applications from candidates who have their own right to work within the UK where you can maintain and demonstrate your right to work throughout the duration of your employment. This may include pre-settled or settled status from the EU Settlement Scheme – or if you have applied and you are waiting for a decision.

What are we looking for?

Motivation and ambition to pursue a career in Commercial Risk Consulting. To be able to articulate why you want to join either Strategic Consulting or AMATS at Aon
Passion and curiosity. We are looking for candidates who want to understand the relationship the Broking industry has with the global and/or macro -economic environment
Commercial awareness. This helps us to provide support and advice to our clients with clarity and confidence to enable revenue growth
Data and analytics. The ability to summarise and interpret data effectively using a range of digital tools and platforms so we can present data driven insights to our clients concisely
Strong communication skills, both written and verbal, with the ability to adapt your style for different stakeholders
A self-starter that can take the initiative, work independently when needed but can also work collaboratively in a team environment
Technological awareness. Strong interest in the rapidly evolving technological landscape and a willingness to understand & learn more about the challenges and opportunities that it presents

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 can then work more flexibly, spending at least 3 to 4 days face to face in the Aon office or with clients.

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.

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.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. If you require any reasonable accommodations or adjustments, please contact graduates@aon.co.uk and a member of the UK Early Careers team will contact you.

About Aon

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.

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Commercial Risk Consulting Graduate Programme jobs

Aon Graduate Programme - Commercial Risk Consulting 2026