Willis Towers Watson

Associate Director

Willis Towers Watson • $125K — $136K *
Philadelphia, PA 19120In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, or a related field.
  • 4 years of experience as a Portfolio Analyst or Portfolio Manager.
  • Experience in producing multi-asset performance evaluation reports for clients.
  • Familiarity with asset allocation analysis and pension strategy teams.
  • Hands-on experience with institutional portfolios, particularly pension plans.
  • Experience as an associate portfolio manager for multi-asset portfolios, specialized in at least one sub-asset class.
  • Progress towards or completion of the CFA program or equivalent.

Responsibilities

  • Support portfolio management and client service activities for DIS accounts.
  • Collaborate with internal teams to enhance client experience.
  • Analyze portfolios invested globally across multiple asset classes.
  • Develop investment strategies and asset allocations for clients.
  • Consult with Portfolio Management to propose portfolio changes and research needs.
  • Manage cash flow and oversee Investment Committee meeting preparations.
  • Draft documentation for portfolio decisions, ensuring clarity and compliance.

Benefits

  • Remote work permitted from any US location.
Full Job Description
Job Description

The Role

DUTIES:
  • Associate Director within Investment Line of Business at Towers Watson Investment Services, Inc.
  • Function as an Assistant Portfolio Manager responsible for supporting and driving portfolio management and related client service activities for Americas Delegated Investment Services (DIS) accounts and the funds that we build and manage to assist in the construction of multi-asset portfolios.
  • Work with internal teams (Portfolio Managers, Client Leads, Implementation team, etc.) to provide a positive experience for delegated clients.
  • Provide analysis and decision support for portfolios invested globally across all asset classes.
  • Determine investment strategy and asset allocation for the client base, including multi-manager funds.
  • Work with Portfolio Management and Research Teams to develop proposals for portfolio changes, identifying and following up on areas requiring further analysis or research.
  • Manage cash flow need and movements.
  • Oversee creation of agenda and materials for Investment Committee meetings.
  • Draft and maintain clear documentation of portfolio decisions, ensuring audit trail for client specific differences from model portfolios.
  • Carry out ad-hoc analysis/projects as needed.
  • Build relationships internally and collaborate effectively on cross-functional teams, including Research, Portfolio Management, Operations and business development and client service teams.
  • Contribute to the DIS business' operating leverage through efficient support of the firm's investment process and seek process enhancements to improve consistency and delivery of portfolio management.
  • Contribute to sales and marketing efforts by drafting portfolio proposals and responding to portfolio management questions within Requests for Proposals.
  • Reports to Philadelphia, PA office. Remote work permitted from any US location.
  • Salary range = $125,000 to $136,000 per annum.


Qualifications

The Requirements

REQUIREMENTS:
  • Bachelor's degree (U.S. or foreign equivalent) in Finance, Economics or a related field
  • Four (4) years of experience as a Portfolio Analyst, Portfolio Manager or related role.
  • Prior experience producing multi-asset and asset class specific quarterly investment performance evaluation and commentary reports for delivery to clients and fund investors.
  • Prior experience evaluating and analyzing investment performance and portfolio characteristics and producing regular performance updates.
  • Prior experience performing asset allocation analysis and working with pension strategy teams on asset/liability studies.
  • Prior experience with portfolio construction and ongoing management of institutional investors' portfolios, in particular defined benefit and defined contribution pension plans.
  • Experience working as an associate portfolio manager on multi-asset class portfolios as well as specializing in at least one sub-asset class from equities, alternative credit, private markets, real assets or liquid diversifiers.
  • Prior experience supporting investment strategy and asset allocation decisions for the defined benefit client base, including multi-manager asset-class portfolios and liability hedging portfolios.
  • Prior experience working with Manager Research and Asset Research Teams to develop proposals for portfolio changes, identifying and following up on areas requiring further analysis or research.
  • Prior experience developing and presenting investment proposals to internal and external Investment Committees.
  • Progress towards completion of the Chartered Financial Analyst (CFA) program or equivalent (MBA, CAIA, Actuarial exams)
  • Prior experience serving as a mentor and assisting the development of junior investment analysts investment acumen.
  • Prior experience supporting new business in proposals and pitches for new defined benefit clients.

About Willis Towers Watson

Willis Towers Watson is a global insurance and risk management company that provides a range of services to clients in more than 140 countries. The company was formed in 2016 through the merger of Willis Group Holdings and Towers Watson & Co. Willis Towers Watson offers a range of insurance products, including property and casualty insurance, life insurance, and health insurance. The company also provides risk management and consulting services, including actuarial services, investment consulting, and human capital consulting. Willis Towers Watson is known for its expertise in risk management and its ability to help clients navigate complex insurance and regulatory environments.
Learn more about Willis Towers Watson
Size
46,000 employees
Market Cap
$26.2 billion
Industry
Finance & Insurance
Net Income
$996 million
Founded
1828
5 Year Trend
+2.7%
Revenue
$9.3 billion
NASDAQ
WLTW
* Ladders Estimates

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