Austin TX

Dallas TX

Denver CO

Houston TX

Irvine CA

Los Angeles CA

Phoenix AZ

Portland OR

San Francisco CA

Seattle WA

Tempe AZ

Intern

Senior Actuary

Life

Health

Pensions

Reporting

Risk

Pricing

Consulting

Excel

Willis Towers Watson (WTW) is a global advisory, broking, and solutions company. With a rich heritage dating back to 1828, it offers a wide range of services in risk management, insurance, consulting, and more. The company operates in over 140 countries, serving clients across various industries, including corporations, governments, and institutions.

DescriptionAs a Health and Benefits Financial/Actuarial Director, you will serve as the financial lead for large, complex client assignments. You’ll leverage your experience as a benefits financial/actuarial expert to make strategic recommendations on funding, plan design, and innovative financial solutions.You will apply your financial management and data analytics expertise to solve complex client problems and to lead the development of new H&B intellectual capital.<ul><li>Communicates and delivers complex concepts and financial/actuarial/analytic results to effectively drive client action and improve plan performance</li><li>Leads Medium to Large clients’ financial/actuarial engagements</li><li>Develops and delivers the financial/actuarial strategy for a portfolio of Medium and/or Large clients</li><li>Drives revenue growth through client sales of additional actuarial, financial, and/or risk solutions</li><li>Provides consulting quality reviews and client delivery for all types of financial/actuarial deliverables</li><li>Guides team (regional and global) on deliverables based on client need; reviews models and presentations for client delivery</li><li>Builds relationships internally and collaborates effectively on cross-functional teams</li></ul>Qualifications<ul><li>10+ years’ experience and demonstrated success in the delivery of complex health and welfare financial/actuarial strategies and analysis in a consulting or brokerage environment</li><li>Proven ability to generate revenue</li><li>Track record of success in managing and growing client relationships</li><li>Deep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting, and funding concepts</li><li>Proven ability to lead data analytic projects</li><li>Interest and aptitude in keeping abreast of latest developments in health and welfare plan strategy</li><li>Ability to leverage judgment and past experiences to predict which methods will work</li><li>Multiple years of experience across one or multiple client segments</li><li>An executive presence with polished and well-developed written and oral communication skills</li><li>Superior ability to influence and collaborate with senior management and work across all levels of an organization</li><li>Excellent Microsoft Office skills, particularly in Excel and PowerPoint</li><li>State Life and Health license required within 90 days of joining</li><li>Actuarial designation and current continuing education (optional)</li></ul>This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified.Compensation and BenefitsBase salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, and performance in the role.CompensationThe base salary compensation range being offered for this role is $140,000 - $200,000 USD per year.This role is also eligible for an annual short-term incentive bonus.Company BenefitsWTW provides a competitive benefit package which includes the following (eligibility requirements apply):<ul><li>Health and Welfare 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, and Work/Life Resources (including Employee Assistance Program)</li><li>Leave Benefits: 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), Paid Time Off (Washington State only)</li><li>Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).</li></ul>At WTW, we trust you to know your work and the people, tools, and environment you need to be successful. The majority of our colleagues work in a hybrid style, with a mix of remote, in-person, and in-office interactions dependent on the needs of the team, role, and clients.We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements.

DescriptionThis position is open to candidates located in Dallas, Houston, Austin, Phoenix, Denver, Portland, Seattle, Irvine, Los Angeles, or San Francisco. This is a hybrid role; the selected colleague must be willing and able to work out of a WTW office.As a Healthcare Financial/Actuarial Director, you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will lead clients’ financial/actuarial engagements for a portfolio of clients and/or significantly contribute to complex clients across the full spectrum of employer health and group benefit programs including medical, dental, life, and disability. In partnership with Client Service colleagues, you will communicate FAA concepts, strategies, and results that effectively drive client action and improve plan performance. You will have the opportunity to work on cutting-edge projects alongside leaders in the industry.Duties:<ul><li>Communicates and delivers complex concepts and financial/actuarial/analytic results to effectively drive client action and improve plan performance.</li><li>Leads medium to large clients’ financial/actuarial engagements.</li><li>Develops and delivers the financial/actuarial strategy for a portfolio of medium and/or large clients.</li><li>Drives revenue growth through client sales of additional actuarial, financial, and/or risk solutions.</li><li>Provides consulting quality reviews and client delivery for all types of financial/actuarial deliverables.</li><li>Guides team (regional and global) on deliverables based on client need; reviews models and presentations for client delivery.</li><li>Builds relationships internally and collaborates effectively on cross-functional teams.</li></ul>Qualifications<ul><li>10+ years’ experience and demonstrated success in the delivery of complex health and welfare financial/actuarial strategies and analysis in a consulting or brokerage environment.</li><li>Proven ability to generate revenue.</li><li>Track record of success in managing and growing client relationships.</li><li>Deep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting, and funding concepts.</li><li>Proven ability to lead data analytic projects.</li><li>Interest and aptitude in keeping abreast of the latest developments in health and welfare plan strategy and leading the development of new intellectual capital.</li><li>Ability to leverage judgment and past experiences to predict which methods will work.</li><li>Multiple years of experience across one or multiple client segments.</li><li>An executive presence with polished and well-developed written and oral communication skills.</li><li>Superior ability to influence and collaborate with senior management and work across all levels of an organization.</li><li>Excellent Microsoft Office skills, particularly in Excel and PowerPoint.</li><li>State Life and Health license required within 90 days of joining.</li><li>Actuarial designation and current continuing education preferred.</li></ul>Compensation and BenefitsThe base salary compensation range being offered for this role is $140,000.00 - $180,000.00 USD per year. This role is also eligible for an annual short-term incentive bonus.Company BenefitsWTW provides a competitive benefit package which includes the following (eligibility requirements apply):<ul><li>Health and Welfare 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, and Work/Life Resources (including Employee Assistance Program).</li><li>Leave Benefits: 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), Paid Time Off (Washington State only).</li><li>Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).</li></ul>At WTW, we trust you to know your work and the people, tools, and environment you need to be successful. The majority of our colleagues work in a hybrid style, with a mix of remote, in-person, and in-office interactions dependent on the needs of the team, role, and clients. Our flexibility is rooted in trust and hybrid is not a one-size-fits-all solution.We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements.

The BusinessJoin our Retirement consulting team in providing expertise in retirement consulting to support global organizations in optimizing the effectiveness of their employee retirement. 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, communicating, governing and employee management that fits their specific goals. You will also learn about all the services that Willis Towers Watson offers their clients and how they complement and enhance our retirement consulting practice.Gain direct exposure to real client assignments and meetings which will draw on your imagination and creativity as well as your ability to analyze data, solve problems, develop solutions, and share your results. In this role, you’ll experience a balance of expanding your technical and industry knowledge and developing your problem solving and communications skills, while benefiting from working in a close-knit and supportive team environment.Kickoff the internship at a multi-day session with other interns across the local region to network and learn about WTW from various leaders amongst the Retirement business. Throughout the summer, engage in a robust training program within your local office in order to enhance your understanding of basic pension consulting.You will have close interaction and support throughout the summer from your very own Lead Retirement Consultant mentor. This consultant will work with you on client assignments, give you an inside look at how the business works, and advise you on future career growth.Accepted applicants will be eligible for a comprehensive actuarial exam study program, including paid study hours and exam coaching to assist in attaining an accredited actuarial designation.You will partner with consultants to provide technical actuarial and consulting support on projects like:<ul><li>Designing, funding, pricing, and the implementation and management of retirement programs</li><li>Preparing and assistance with the delivery of client presentations and communications</li><li>Competitive benchmarking analysis of benefit plan designs</li><li>Corporate restructuring and capital enhancement initiatives (demutualization, securitization, mergers &amp; acquisitions)</li><li>Forecasting future pension plan costs</li><li>Performing annual pension (qualified and nonqualified) and post-retirement medical valuations for a variety of clients</li><li>Assisting with completion of plan reporting and filing requirements</li><li>Performing plan administrative tasks such as completing benefit calculations, reviewing plan documents and SPDs, and producing benefit statements</li><li>Analyzing de-risking options for defined benefit plans (bulk lump sums, retiree annuity purchases, plan terminations)</li></ul>About you.<ul><li>Bachelor’s Degree in economics, finance, mathematics, statistics, actuarial science or any other major with significant quantitative course work, and minimum GPA of 3.0</li><li>Work experience that demonstrates strong technical and/or client service skills (analyst type of internship preferred)</li><li>Passion for solving problems and sharing solutions to exceed the standards of the client</li><li>Ability to be a self-starter and work independently, but also cooperatively in a close team environment</li><li>Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels</li><li>Excellent Microsoft Office skills, particularly in Excel</li><li>Accepting applications from candidates that graduate with a Bachelor’s or Master’s degree between December 2024 through June 2026</li></ul>The Application-Interview Process:Step 1: Online application, including resume/CVStep 2: Online assessments and Video InterviewStep 3: Virtual Interview with businessStep 4: Offer and on-boarding

Country

Sector

Experience

Hide closed jobs

Find Actuary & Actuarial Jobs in Austin, TX