Willis Towers Watson - Atlanta, GA

posted 4 months ago

Full-time - Entry Level
Atlanta, GA
Insurance Carriers and Related Activities

About the position

Join our Retirement consulting team, where you will provide expertise in retirement and investment consulting to support global organizations in designing, managing, administering, and communicating various retirement plans. Whether a client has a defined benefit pension or a defined contribution plan, we work with them to determine the right approach to designing, funding, investing, governing, and managing employees that fits their specific goals. This role offers a unique opportunity to gain direct exposure to real client assignments, drawing on your imagination and creativity, as well as your ability to analyze data, draw conclusions, and share your brilliant results. You will experience a balance of expanding your technical knowledge and industry expertise while benefiting from working in a close-knit and supportive team environment. Accepted applicants will be eligible for a comprehensive exam study program, including paid study hours and exam coaching to assist in attaining the accredited designation of Actuary. In this role, you will partner with consultants to provide actuarial support on projects, which includes designing, funding, pricing, and implementing and managing retirement programs. You will conduct competitive benchmarking analysis of benefit plan designs and engage in corporate restructuring and capital enhancement initiatives such as demutualization, securitization, and mergers & acquisitions. You will work with a wide range of associates at all levels within the local practice and perform asset/liability modeling. Additionally, you will perform annual pension (qualified and nonqualified) and post-retirement medical valuations for a variety of clients, which entails manipulating data, analyzing data, determining plan liabilities, reconciling plan assets, and determining funding requirements. You will also assist with the completion of plan reporting and filing requirements and perform plan administrative tasks such as completing benefit calculations, reviewing plan documents and SPDs, and producing benefit statements.

Responsibilities

  • Designing, funding, pricing, and implementing and managing retirement programs
  • Conducting competitive benchmarking analysis of benefit plan designs
  • Engaging in corporate restructuring and capital enhancement initiatives (demutualization, securitization, mergers & acquisitions)
  • Collaborating with a wide range of associates at all levels within the local practice
  • Performing asset/liability modeling
  • Conducting annual pension (qualified and nonqualified) and post-retirement medical valuations for a variety of clients
  • Manipulating and analyzing data to determine plan liabilities and reconcile plan assets
  • Determining funding requirements for retirement plans
  • Assisting with completion of plan reporting and filing requirements
  • Performing plan administrative tasks such as completing benefit calculations, reviewing plan documents and SPDs, and producing benefit statements

Requirements

  • Bachelor's or Master's degree in actuarial science, mathematics, statistics, finance, or any other major with significant quantitative coursework with a minimum overall GPA of 3.0
  • Successful completion of one or more actuarial exams highly preferred
  • Work experience that demonstrates strong technical and/or client service skills
  • Passion for solving problems and sharing solutions to exceed the standards of the client
  • Ability to be a self-starter and work independently, but also cooperatively in a close team environment
  • Excellent oral and written communication skills
  • Accepting applications from candidates that graduate with a Bachelor's or Master's degree between May 2024 through August 2025
  • Prior summer 2024 WTW internship

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
  • Identity Theft Protection
  • Wellbeing Program
  • Work/Life Resources (including Employee Assistance Program)
  • 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)
  • Contributory pension plan
  • Savings Plan (401k)
  • Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans
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