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WTWFinancial Services

Senior Associate

United States , New York
Salary: $125,000 – $135,000 Annually
Full-time

Description

WTW is a leading global advisory, broking and solutions company that provides data-driven, insight-led solutions in the areas of people, risk and capital. Utilizing the global view and local expertise of our approximately 47,000 colleagues serving more than 140 countries and markets, we help organizations sharpen strategies, enhance resilience, motivate workforces and maximize performance. We design and deliver solutions that manage risk, optimize benefits, cultivate talent and expand the power of capital to protect and strengthen institutions and individuals.

The Business

WTW’s Integrated & Global Solutions (IGS) team is dedicated to serving the needs of the headquarters of its multinational clients. Operating in the global marketplace means multinational companies face a variety of different business, cultural, language and regulatory environments. Our IGS helps these companies navigate these challenges. We advise multinational companies on certain specialist topics where the IGS has unique experience, but we also act as a single point of contact to help solve client questions where we draw on the expertise of our colleagues from around the world.

The Role

DUTIES:

  • Senior Associate within the Integrated and Global Solutions Line of Business with Willis Towers Watson US LLC in New York, NY.
  • Support senior consultants on large client engagements and lead smaller client engagements by leading the team on multi-country projects:
  • Draft statements of work, project plans and budgets involving multiple workflow streams and client and consultant teams across the globe.
  • Serve as primary, daily contact to clients located in headquarters as well as overseas offices concerning delivery of services.
  • Finalize and present quality deliverables to clients.
  • Manage client expectations and raise appropriate issues to senior consultants.
  • Establish a trusted advisor relationship with client contacts.
  • Provide strategic consulting expertise in global retirement plan accounting, valuation and design.  
  • Perform technical review of complex retirement valuations as well as other work products.  
  • Participate in special projects including mergers and acquisitions, benefit plan strategy and design, plan management and governance strategy, and global financing and funding policies.
  • Support senior consultants penetrating the local and regional market and introduce new clients and projects to the firm and identify opportunities to cross-sell new products and services in order to meet billable hour goals.  
  • Contribute to the development of new tools and approaches, including monitoring and analyzing economic conditions in major markets around the world and updating country profiles.
  • Demonstrate leadership ability by mentoring analysts.
  • Salary Range: $125,000 to $135,000 per annum.

Qualifications

The Requirements

REQUIREMENTS:

  • Bachelor’s degree (U.S. or foreign equivalent) in Actuarial Science, Mathematics, Statistics or a related quantitative field

  • Three (3) years of experience in a related International Benefits Consulting role.

  • Prior experience providing consulting advice and services to multinational companies concerning retirement and broader employee benefit issues for their operations globally.

  • Prior experience delivering defined actuarial valuation work (ASC 715 or IAS 19) and consulting services to multinational organizations
  • Experience in conducting local actuarial valuations for local pension plans (e.g. UK triennial valuations)
  • Experience developing intellectual capital to promote consultancy service offerings.
  • Experience in providing consulting on pension plan design, governance and funding strategies.
  • Prior experience successfully coordinating actuarial projects, overseeing workflows, budgets and deliverables.
  • Progression towards ASA designation or equivalent international credentials required.

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