Senior Retirement Specialist (Actuarial)

Description

As a Retirement Specialist for Consulting, you will support the delivery of quality Retirement solutions covering plan valuations, design and review, including plan conversions, plan administration, and other retirement benefit services.

The Retirement Specialist/Consultant may also get involved in insurance, health, and other risk projects requiring actuarial support.

Performance Objectives:

• Provides technical assistance to the Consultant/Senior Consultant in the following areas:
  • Data preparation, validation and reconciliation
  • Assumption setting
  • Actuarial valuation of retirement plans, including the use of WTW standard valuation software
  • Analysis of valuation results
  • Plan benchmarking, design, and costing
  • Retirement plan set-up, review, and harmonization
  • Benefit projections and individual benefit calculations
  • Other projects requiring actuarial skills
• Prepares the following reports:
  • Actuarial valuation reports for local funding and accounting standards purposes
  • Comparative plan summaries upon request of clients
  • Drafting of plan rules
  • Presentation and sales materials
• Assists the Consultant/Senior Consultant in the presentation of results.
• May act as the lead and client’s main contact person within WTW.

Qualifications

The Requirements:

• +3 years experience conducting core valuation work in a client-service-oriented environment with large corporate defined benefit plans; defined contribution plan experience a plus
• Proven experience managing multiple projects within prescribed project guidelines
• Strong client relationship, interpersonal, and team skills
• Strong written and verbal communication skills
• Ability to ask the right questions and seek help where appropriate
• Ability to respond to all communications effectively and on time
• Flexibility and proven ability to diagnose and resolve issues; strong client service orientation
• Demonstrated leadership qualities
• Ability to work both independently and on client teams and enjoy a fast-paced environment
• Sense of accountability; owning one’s work and taking pride in it
• Self-starter; interest in continually challenging oneself and willing to step outside of one’s comfort zone
• Interest and ability to think beyond the task at hand and understand how one’s work fits into the broader landscape
• Strong analytical and integrative skills including the ability to draw conclusions and identify trends from data in a logical, systematic way
• Excellent Microsoft Office skills, particularly Excel
• Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or other related fields
• Significant actuarial exam progress toward AASP/ASA credentials
• Background in accounting, finance, investment, and economics

WTW is an Equal Opportunity Employer