Willis Towers Watson

Associate Manager - Pension Outsourcing

Willis Towers Watson$70K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6 to 9 years of defined benefits plan administration experience required.
  • Bachelor's or Master's degree in a quantitative field with strong academic performance.
  • Strong understanding of defined benefit plan design principles.
  • Proficiency in analytical and problem-solving techniques.
  • Advanced skills in Microsoft Excel and Word.
  • High attention to detail and professionalism in client interactions.
  • Ability to prioritize and manage multiple projects independently.

Responsibilities

  • Serve as the primary day-to-day contact for clients regarding services.
  • Review deliverables produced by Analysts and provide guidance.
  • Identify and escalate issues to senior consultants when necessary.
  • Mentor less experienced associates and facilitate their development.
  • Enhance expertise in retirement plan design and administration through hands-on project involvement.
  • Create and maintain internal administration manuals for clients as needed.
  • Identify opportunities for process improvement to increase client team efficiency.

Benefits

  • Opportunity for career growth and advancement in a supportive environment.
  • Access to cutting-edge tools and resources within the industry.
  • Engagement in varied projects that enhance professional skills.
  • Mentoring and coaching roles as part of team management.
Full Job Description
Job Description

The Role

As a Pension Outsourcing Associate Manager, you will perform a wide variety of recurring defined benefit plan administration services for clients, contribute to special projects, and provide ad hoc client support services. You will serve as the day-to-day project manager, contributing to client management and special projects, while also mentoring less experienced associates.

You will have the opportunity to:
  • Serve as primary, daily contact to clients on delivery of services
  • Review work and deliverables of Analysts
  • Raise issues as appropriate to Consultants/Senior Consultants
  • Enhance your expertise in retirement plan design and administration
  • Be on a career path with growth and advancement
  • Employ the most cutting-edge tools and resources and work with top talent in the industry
  • Review moderately complex benefits calculations and trust instructions
  • Collect, manipulate, reconcile, and review participant data - identifying and resolving issues as they arise
  • Resolve complex plan provision questions and issues surfaced by clients and colleagues
  • Create internal administration manuals for clients if one does not exist
  • Follow and update documentation materials as directed
  • Employ Towers Watson's Professional Excellence tools and concepts to ensure efficient and quality output/service delivery
  • Adhere to plan documents and government regulations in administering plans
  • Manage and coach team to ensure progress against established budgets, timelines and quality standards
  • Deliver on projects to meet or exceed client expectations
  • Increase efficiency within client teams by identifying ways to improve processes
  • Develop and train less experienced Analysts


Qualifications

The Requirements
  • 6 to 9 years defined benefits plan administration and manual calculation experience required
  • Bachelor's or Master's degree in mathematics, statistics, finance or any other major with significant quantitative course work; with a strong academic record
  • Strong knowledge of the fundamentals of defined benefit plan design
  • Strong analytical and problem-solving skills
  • Solid expertise in Microsoft Excel and Word
  • Strong attention to detail
  • Professional, client-focused approach to colleagues and assignments
  • Seeks out experiences that may change perspective or provide an opportunity to learn new things
  • Ability to organize, set priorities, work independently and complete multiple projects within established deadlines
  • In office presence: 3 days per week


Compensation

The base salary compensation range being offered for this role is $70,000 to $95,000 CAD per year.

This role is also eligible for an annual short-term incentive bonus.

Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.

This job posting is an advertisement for an existing vacancy.

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
Net Income
$996 million
Founded
1828
5 Year Trend
+2.7%
Revenue
$9.3 billion
NASDAQ

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