Willis Towers Watson

Global Actuarial Associate Manager

Willis Towers Watson$85K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of actuarial valuation experience in a client service setting
  • Experience with global HR benefit programs or domestic benefits with international interest
  • Strong client service and project management skills
  • Proven analytical skills to identify trends from data
  • Bachelor's Degree required
  • Progress toward ASA credentials or equivalent
  • Overseas experience and foreign language skills preferred

Responsibilities

  • Manage projects as the main liaison to consultants, ensuring effective communication
  • Facilitate data collection and analyses for pension and retirement benefits
  • Conduct special project analyses related to mergers, plan strategy, and governance
  • Draft deliverables for consultant review
  • Achieve chargeable hours targets
  • Support sales and marketing through proposal drafting and RFP response

Benefits

  • Comprehensive health and welfare benefits including medical and dental
  • Paid time off and various leave benefits
  • Retirement contributions through pension and 401k plans
  • Wellbeing programs and work/life resources
  • Employee assistance program
Full Job Description
Job Description

As a Global Actuarial Associate Manager, you will work as part of a team to provide consulting advice and services to multinational companies concerning retirement as well as broader HR benefits and compensation issues for their operations globally. You will serve as a key resource for consultants in charge of engagements by performing many intricate aspects of their client work. As you grow and gain more expertise, you will become a key contact for the client and will begin taking on a larger project manager role within the team.

The Role
  • Serve as the project manager and main liaison to the consultant which includes creating project plans, monitoring progress to deadlines and budget, ensuring appropriate and effective communication among team members and the client, increase efficiency within client teams by identifying ways to improve processes, etc.
  • Serve as a resource and liaise effectively with colleagues and clients regarding data collection, analyses, and project execution required for:
    • accounting for pension and other retirement benefit costs
    • actuarial valuations
    • retirement plan benefit calculations and statements
  • Complete analyses required for special projects including mergers and acquisitions, benefit plan strategy and design, plan management and governance strategy, and global financing and funding policies.
  • Prepare the first draft of deliverables for review by the consultant.
  • Meet chargeable hours targets.
  • Contribute to sales and marketing efforts by drafting proposals and responding to RFPs.


Qualifications

The Requirement
  • 3+ years of experience performing actuarial valuation work in a client service-oriented environment with corporate defined benefit and/or group health plans
  • Experience working on global HR benefit programs; alternatively, experience working on domestic benefits or compensation programs and a demonstrated interest in international issues
  • Flexibility and proven ability to diagnose and resolve issues; strong client service orientation including effective project management and communication skills
  • Strong analytical and integrative skills including ability to draw conclusions and identify trends from data in a logical, systematic way
  • Bachelor's Degree required
  • Actuarial exam progress toward ASA credentials, or progress towards equivalent international credentials.
  • Experience living and working overseas and foreign language skills preferred but not essential


Compensation and Benefits

Compensation and benefits information for this position is being included in accordance with requirements of the California Equal Pay for Equal Work Act. Please note that the salary range listed relate specifically to roles located in California and that salary ranges for similar positions located in other WTW locations may vary. In addition, salaries may vary for different individuals in the same role based on several factors, including but not limited to individual competencies, education/professional certifications, experience and performance in the role.

Compensation:
The base salary compensation range being offered for this role is $85,000-$110,000 USD per year.

This 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, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

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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