22 February 2016 Insurance

Exec rejoins Aon’s health solution business for consultant role

Aon Hewitt, the global talent, retirement and health solutions business of Aon, has appointed Michael Walker to its Risk Settlement Group as a principal consultant.

Walker rejoins Aon Hewitt after spending the last two and a half years working in Legal & General’s (L&G) pension risk transfer business.

He was initially director of commercial underwriting, leading a team responsible for pricing half of L&G’s UK bulk annuity transactions. He then became international development manager in L&G’s start-up US pension risk transfer business which wrote its first $450M transaction in the second half of 2015.

Before moving to L&G in 2013, Michael spent 12 years as a consultant in Aon Hewitt’s retirement practice, advising several major pension scheme clients, as well as leading Aon Hewitt’s trustee training operations and acting as the business lead for the company’s annual client pension conferences.

Martin Bird, senior partner at Aon Hewitt and head of the Risk Settlement Group, said:

“Michael Walker has gained very valuable experience in his time away from Aon Hewitt and he now returns to strengthen our successful Risk Settlement team.

“Over the last seven years we have established a considerable reputation in the pensions industry for advising sponsors and trustees on longevity swaps and bulk annuities. Michael will further strengthen our team and make a swift impact advising on both these specialist areas.”

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