Associate Pension Consultant
Aon are currently recruiting a Associate Pension Consultant to join our team in Farnborough. The Associate Pension Consultant will be primarily responsible for providing high quality support to Consultants in the day to day running of corporate pension schemes, primarily DC based schemes but including contract and master trust DC pensions.
Headquartered in London, Aon Plc is the leading provider of risk management services, insurance and reinsurance brokerage and a global leader in human capital and management consulting. Our key advantage is our broad view of the insurance industry. With an employee base of 66,000 people working in 500 offices in more than 120 countries, we can anticipate how changes in one sector affect another.
Aon is an equal opportunities employer. Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria.
About the Role
The Associate Consultant will work closely with Consultants as the primary day to day contact for a portfolio of clients, including preparing reports, and liaising with providers to conduct market reviews, attending regular client meetings; assisting with the provision of advice with regards to employee benefit solutions to ensure advisor, client, product and service needs are met.
As a Associate Pension Consultant some of your key responsibilities will involve:
• Building strong relationships with consultants and your portfolio of clients
• Consulting on a wide range of Trustee and corporate pension issues, both internally and externally
• Conducting research, analysing and presenting the results
• Writing/drafting reports and member communications
• Data modelling and analysis
• Drafting and designing of communication documents
• Working with consultants in developing new business proposals
• Independently respond to queries and requests from Consultants, providers and clients
• Stay up to date with employee benefit trends in the industry, monitor market developments and assist with the identification of revenue generation opportunities for existing clients
• Project managing, including the installation of new DC pension schemes
• Communicating with clients effectively at all levels, both orally and in writing, in order to maintain and further develop our excellent client relationships
• Attend and input into client meetings as required
• Ensure appropriative legislative, regulatory, business, practice and professional standards are followed.
• Responsible for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
Candidates will ideally have experience in dealing with contract-based DC pension schemes as well as experience with the delivery of automatic enrolment solutions. You will be a team player and a strong communicator with effective client management skills. Ideally candidates will hold, or be working towards, professional qualifications such as the Diploma in Regulated Financial Planning (QCF Level 4) as well as being educated to degree level, although this is not essential.
As a Associate Pension Consultant your skills and qualifications will ideally include:
Technical Skills Required.
• Ideally with relevant industry qualifications e.g. PMI or CII
• Solid academic background, ideally degree level, combined with technical training.
• Very strong numerical ability
• Well-developed literacy and communication skills essential
• Good working knowledge of Microsoft Office solutions, including strong Word and Excel skills is essential
• Knowledge of financial services industry desirable with particular emphasis on Pension products
• A full understanding of the requirements of, and regulations underpinning auto-enrolment.
Other Skills Required:
• Self-development e.g. CII – appropriate CF exams
• Ability to plan and organise and prioritise workload
• Attention to detail
• Participate in continuous professional and personal development including keeping up to date with statutory obligations and FCA guidelines and legislation
• Happy to work and support colleagues within a team environment
Salary and Benefits
This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday.