The Role
In this exciting role as a Technical Leader within the Actuarial Delivery Group (ADG), you will provide a technical review of work product on a variety of projects for defined benefit, defined contribution, and post-retirement benefit plans. Given the size and complexity of our client portfolio, you will have the opportunity to support diverse projects that help organizations align their retirement programs to their company objectives.
In this role at WTW, you will:
- Perform technical review of work products and assume significant responsibility for quality assurance
- Serve as a subject matter expert and provide value-added insights on retirement plan valuations, welfare plan valuations and special projects
- Contribute to special projects such as plan design, asset/liability modelling, retirement plan risk assessment and mitigation, due diligence for mergers and acquisitions, collective bargaining agreements, global consulting, strategic workplace planning, total rewards strategies, and others
- Contribute to the development of new tools and approaches
- Identify opportunities to enhance quality and/or improve processes to reduce costs
- Serve as a mentor or technical resource to more junior colleagues
- Complete work in accordance with applicable ERISA, FASB, GASB, Department of Labor, Pension Protection Act and other Government regulations
Qualifications
The Requirements
- 5+ years defined benefit pension experience performing core actuarial work
- Bachelor's degree required, with heavy quantitative emphasis such as majors in mathematics, statistics or actuarial science
- In-depth understanding of the funding of and accounting for defined benefit plans. Additional knowledge of other postretirement benefits is preferred
- Proven ability to understand complex valuation systems and provide a detailed technical review of work projects
- Expert Microsoft Office skills, particularly in Excel
This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified.
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements for various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role base on several factors, including but not limited to location of the role, individual qualifications, education/profession certifications, experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary compensation range being offered for this role is $75,000- $120,000 USD per year. This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
- Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
- Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k)
EOE, including disability/vets
Working at
Willis Towers Watson
Willis Towers Watson is a global professional services company that specializes in risk management and insurance. The company was formed in 2016 through the merger of Willis Group and Towers Watson, two well-known and respected firms in the industry. Willis Towers Watson offers a range of insurance products and risk management services to help businesses and organizations identify and mitigate potential risks. The company has a strong reputation for customer service and is known for its expertise in serving the diverse needs of its clients. In addition to traditional insurance products, Willis Towers Watson also offers innovative risk management solutions and consulting services to help clients navigate the complex and rapidly-changing world of risk. The company has a global presence, with operations in numerous countries around the world.