Retirement Specialist (Actuarial)

Description

As a Retirement Specialist for Consulting, you will support the delivery of quality Retirement solutions covering plan valuations, design & 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 & 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