WTW Retirement consultants have deep experience working with organizations of all types and sizes. We’ve worked closely with clients to develop some of the most advanced benefit design techniques currently in use. We combine expertise in retirement and investment consulting to support organizations worldwide in designing, managing, administering, and communicating all types of retirement plans.
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role
As a Pension Outsourcing Associate, you will perform a wide variety of recurring defined benefit plan administration services for clients, contribute to special projects, and provide ad hoc client support services. You will serve as the day-to-day project manager, contributing to client management and special projects, while also mentoring less experienced associates.
You will have the opportunity to:
Serve as primary, daily contact to clients on delivery of services
Review work and deliverables of Analysts
Raise issues as appropriate to Consultants/Senior Consultants
Enhance your expertise in retirement plan design and administration
Be on a career path with growth and advancement
Employ the most cutting-edge tools and resources and work with top talent in the industry
Prepare moderately complex benefits calculations and trust instructions
Collect, manipulate, reconcile, and review participant data – identifying and resolving issues as they arise
Resolve more complex plan provision questions and issues surfaced by clients and colleagues
Create internal administration manuals for clients if one does not exist
Follow and update documentation materials as directed
Employ Towers Watson’s Professional Excellence tools and concepts to ensure efficient and quality output/service delivery
Adhere to plan documents and government regulations in administering plans
Maintain complete and accurate work papers and audit trails
Manage and coach team to ensure progress against established budgets, timelines and quality standards
Deliver on projects to meet or exceed client expectations
Increase efficiency within client teams by identifying ways to improve processes
Develop and train less experienced Analysts
The Requirements
2 to 5 years defined benefits plan administration and manual calculation experience required
Bachelor’s or Master’s degree in mathematics, statistics, finance or any other major with significant quantitative course work; with a strong academic record
Strong knowledge of the fundamentals of defined benefit plan design
Strong analytical and problem-solving skills
Solid expertise in Microsoft Excel and Word
Strong attention to detail
Professional, client-focused approach to colleagues and assignments
Seeks out experiences that may change perspective or provide an opportunity to learn new things
Strong oral and written communication skills
Ability to organize, set priorities, work independently and complete multiple projects within established deadlines
Equal Opportunity Employer
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