Willis Towers Watson Retirement Actuarial Analyst (BOS FY18 Univ Conversion) in Boston, Massachusetts

Retirement Actuarial Analyst (BOS FY18 Univ Conversion) in Boston, MA at Willis Towers Watson

Date Posted: 9/6/2017

Job Snapshot

  • Employee Type: Full-Time

  • Location: Boston, MA

  • Experience: Not Specified

  • Date Posted: 9/6/2017

Job Description

The Company

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.

The Business

Our Retirement consulting team combines expertise in retirement and investment 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 Role

As an Actuarial Analyst, you will have immediate exposure to real client assignments which will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions and present results. These experiences will help build your technical knowledge and overall industry expertise while you benefit 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 them in attaining the accredited designation of Actuary.

Responsibilities will include but not limited to:

  • Partner with consultants to provide actuarial support on client projects. This might include some of the following client projects:

  • Design, funding, pricing, implementation and management of a full array of retirement programs

  • Competitive benchmarking analysis of benefit plan designs

  • Corporate restructuring and capital enhancement initiatives (demutualization, securitization, mergers & acquisitions)

  • Forecasting and carrying out investment studies

  • Performing asset/liability modeling

  • Perform annual pension (qualified and nonqualified) and post-retirement medical valuations for a variety of clients. This entails manipulating data, analyzing data, determining plan liabilities, reconciling plan assets, and determining funding requirements

  • Assist with completion of plan reporting and filing requirements

  • Perform plan administrative tasks such as completing benefit calculations, reviewing plan documents and SPDs, and producing benefit statements

Job Requirements

The Requirements

  • Bachelors or Master’s degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work 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 and leadership skills (actuarial internship preferred)

  • Excellent oral and written communication skills

  • Excellent Microsoft Office skills, particularly in Excel

Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status or status as an individual with disability. All qualified applicants will not be discriminated against on the basis of disability.

Equal Employment Opportunity:.

At Willis Towers Watson, we are committed to maintaining an environment of Equal Opportunity and Affirmative Action. If you need a reasonable accommodation to access the information provided on this web site, please contact the office where the position is located for further assistance. If you need an accommodation to interview for a position or at any stage of the recruiting process, please contact your recruiter.

Willis Towers Watson believes that effectively managing a diverse workforce is vital to our business strategy. Our continued success depends greatly on our ability to fully and effectively employ qualified persons, regardless of race, color, religion, marital status, sexual orientation, age, disability, veteran status, military status, ancestry, gender, gender identity or expression, or any other characteristic protected by applicable human rights or equal opportunity legislation.

We have an obligation to our organization, ourselves and our clients to hire and develop the best people we can find. We will continually review our policies and practices to ensure that all areas of the employment process (including recruiting, hiring, work assignments, compensation, benefits, promotions, transfers, company-sponsored development programs and overall workplace experience) are free from discriminatory practices. We are committed to equal employment opportunities at Willis Towers Watson.