Willis Towers Watson Benefits Advisory and Compliance Senior Analyst in Boston, Massachusetts
Benefits Advisory and Compliance Senior Analyst in Boston, MA at Willis Towers Watson
Date Posted: 10/11/2017
Employee Type: Full-Time
Location: Boston, MA
Experience: At least 8 year(s)
Date Posted: 10/11/2017
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. 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. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.
Our Retirement team combines expertise in retirement actuarial and compliance consulting to support global organizations worldwide in designing, managing, administering and communicating all types of 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 design, funding, investing, governing and employee engagement that fits their specific goals.
The Benefits Advisory and Compliance Service (BAC) within Willi Towers Watson's Retirement line of business provides governance, operational, compliance, vendor and defined contribution consulting services for the full array of qualified and non-qualified retirement plans, as well as health and welfare plans. As such, we help clients fulfill their fiduciary obligations and achieve plan effectiveness.
As a Senior Analyst within BAC you will be responsible for supporting the work of senior BAC associates to consult to clients concerning their compliance and broader retirement plan issues. As a member of our team you will be interacting with HR, benefit and legal client contacts, vendors and internal relationship managers.
Identify and communicate technical analysis to project teams
Prepare plan documentation (design, drafting, amendments, restatements, member booklets)
Draft routine and non-routine letters, reports and presentations
Consult with clients on issues of plan registration and fiduciary responsibility
Contribute to the resolution of clients’ legal and regulatory issues
Develop relationships with client contacts
Deliver work in accordance to project deadlines
Deliver on projects to meet or exceed client expectations
Increase efficiency within client teams by identifying ways to improve processes
Assist in the tracking and interpretation of legal developments, both internally and with clients, on all aspects of the Income Tax Act (Canada) and pension benefits standards legislation, and other relevant laws as they affect employee benefit plans
Partner with leading legal, actuarial and financial consultants across Canada to create and apply our intellectual capital to consulting projects
Follow firm and line of business processes, protocols and quality standards in the development and deployment of solutions
Build relationships internally and collaborate effectively on cross-functional teams
Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
Mentor junior staff as appropriate
Meet chargeable hours targets
Contribute to sales and marketing efforts by drafting proposals and responding to RFPs
8+ years of experience in employee benefits, retirement, or consulting with a focus on legal compliance. Prior experience in professional services firm or legal environment preferred
Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget
The ability to see the 'big picture,' leveraging the resources of other groups to address the clients' business challenges
Experience and success delivering compliance solutions to corporate and not-for-profit organizations (e.g. plan governance, government filings, plan documentation).
Knowledge of ITA, pension benefits standards acts and other relevant laws and regulations affecting employee benefit plans
Comfortable interacting with and presenting to professionals at all levels within various organizations (internal and external clients, vendors, other consultants and counsel)
Proven ability to recognize and diagnose issues and work in teams to influence clients’ decision making
Undergraduate degree required; JD is a plus.
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Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.
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