Overview
Willis Towers Watson (WTW) is a leading global advisory, broking, and solutions company that helps clients around the world turn risk into a path for growth. With a significant presence in the United States, WTW offers a range of services designed to enhance organizational performance through people, risk, and capital management. Established in 1828 and headquartered in Arlington, Virginia, Willis Towers Watson has a long history of delivering innovative solutions and services to its clients.
Services and Solutions
Willis Towers Watson provides a comprehensive suite of services across various business segments, including:
- Human Capital and Benefits: WTW helps organizations optimize employee benefits and manage costs while enhancing the employee experience. Services include health and group benefits, retirement planning, and employee engagement strategies.
- Corporate Risk and Broking: The company offers risk management solutions and insurance broking services, helping clients manage and transfer risks effectively. This includes property and casualty insurance, liability coverage, and cyber risk management.
- Investment, Risk, and Reinsurance: WTW provides investment advisory services, risk management, and reinsurance solutions. This helps clients manage financial risks and improve investment outcomes.
- Exchange Solutions: WTW operates benefits marketplaces, connecting employers with benefit providers and offering tailored solutions to meet the needs of diverse workforces.
Employee Benefits and Compensation
Willis Towers Watson is known for offering competitive compensation and a comprehensive benefits package to its employees. Key benefits include:
- Health and Wellness: WTW provides health insurance plans, including medical, dental, and vision coverage. The company also offers wellness programs and resources to support employee health and well-being.
- Retirement and Savings: Employees have access to retirement savings plans, including 401(k) plans with company match, and pension plans where applicable.
- Work-Life Balance: WTW supports flexible work arrangements, including remote work options and flexible scheduling, to help employees achieve a healthy work-life balance.
- Professional Development: The company invests in employee growth through various learning and development programs, including leadership training, mentorship, and tuition reimbursement for further education.
- Paid Time Off: Generous paid time off policies, including vacation, holidays, and personal leave, are provided to ensure employees can recharge and maintain a healthy work-life balance.
Business Divisions
Willis Towers Watson operates through several key business divisions, each specializing in different areas of risk and human capital management:
- Benefits Delivery and Administration: Focuses on delivering benefits solutions that enhance employee engagement and streamline benefits administration.
- Human Capital and Benefits: Offers consulting services to optimize workforce performance and manage employee benefits.
- Corporate Risk and Broking: Provides risk management and insurance broking services to help clients navigate complex risks.
- Investment, Risk, and Reinsurance: Delivers investment advisory, risk management, and reinsurance solutions to improve financial outcomes for clients.
Summary
Willis Towers Watson is a global leader in advisory, broking, and solutions, committed to helping organizations manage risk, optimize benefits, and enhance performance. With a robust presence in the United States, WTW offers comprehensive services and a supportive work environment, making it an attractive employer for actuaries and other professionals in the field. Actuarial professionals looking for opportunities at Willis Towers Watson can expect to find a dynamic workplace that values innovation, professional development, and employee well-being.