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 experience in actuarial valuation in a client service setting with defined benefit and/or group health plans
  • Experience with global HR benefit programs or demonstrated interest in international issues
  • Strong project management and communication skills with a client service focus
  • Analytical skills to derive trends and conclusions from data systematically
  • Bachelor's Degree is required
  • Active progress towards ASA or equivalent international actuarial credentials
  • Preferred experience living overseas and knowledge of foreign languages

Responsibilities

  • Serve as project manager and main liaison to consultant, developing project plans and monitoring budgets
  • Facilitate data collection and project execution regarding pension costs and actuarial valuations
  • Conduct analyses for mergers, acquisitions, and benefit strategies
  • Draft preliminary deliverables for consultant review
  • Ensure chargeable hours targets are met
  • Support sales efforts by drafting proposals and responding to RFPs

Benefits

  • Health and welfare benefits including medical, dental, vision, and flexible spending accounts
  • Generous paid leave including holidays and annual PTO
  • Short- and long-term disability benefits and other leave options
  • Retirement benefits including a contributory pension plan and 401(k) options
  • Wellbeing programs and work/life resources including EAP
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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