WTW is hiring an
Actuarial Analyst (Retirement)
Description
As a Retirement Actuarial Analyst, you will support a variety of projects involving the design, valuation, funding, and financial analysis of employer-sponsored retirement programs, including defined benefit, defined contribution, and hybrid plans.
You’ll collaborate with client teams, contribute to actuarial and financial deliverables, and ensure quality standards are met. This role offers the opportunity to grow your retirement consulting expertise while developing your financial, project management, and communication skills alongside industry leaders.
The Role
- With clear guidance and direction, play an active support role in multiple client teams developing retirement-related financial analyses, outputs, and client deliverables across a regional team.
- Develop working proficiency in core actuarial and financial theories, models, and tools relevant to retirement plans.
- Assist in the preparation of pension valuations, funding projections, and accounting disclosures under various standards.
- Support modeling of plan design changes, cost projections, and risk management strategies.
- Take responsibility for execution of specific tasks contributing to actuarial deliverables, ensuring accuracy and adherence to deadlines.
- Collaborate with Global Delivery Centers and Client Service teams to ensure efficient project execution.
- Build strong internal relationships and contribute effectively to cross-functional teams.
Qualifications
The Requirements
- 0-3+ years of work experience in professional services, ideally in retirement consulting, pension administration, or actuarial functions within an insurance or financial services firm.
- Basic knowledge of retirement plan structures and regulatory environments.
- Work experience that demonstrates strong technical and/or client service skills.
- Passion for solving problems and sharing solutions to exceed the standards of the client.
- Ability to be a self-starter and work independently, but also cooperatively in a close team environment.
- Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels.
- Excellent Microsoft Office skills, particularly in Excel.
- Relevant financial experience and/or university degree in actuarial science, mathematics, statistics, finance, or related field.
- Progress toward actuarial credentials or CEBS designation (optional but preferred).
Compensation and Benefits
The base salary compensation range being offered for this role is $60,000 to $85,000 USD per year.
The role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
- 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.
- Leave Benefits: Paid Holidays, Annual Paid Time Off, Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave).
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior-level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
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.
EOE, including disability/vets