Willis Towers Watson

Manager - Financial Analysis

Willis Towers Watson • $85K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in finance or accounting required
  • 3-5 years' experience in finance or accounting required
  • Strong Excel Skills required
  • Experience with complex financial models, including VBA coding and automation
  • Proficiency in Power BI and Power Query desired
  • Experience with sales compensation plan calculation and administration is a plus

Responsibilities

  • Build and maintain strong relationships with stakeholders
  • Handle inquiries and concerns promptly and courteously
  • Prepare spreadsheets and analyze data for the Head of Sales Compensation
  • Report issues and recommend solutions to the Head of Sales Compensation
  • Maintain documentation for audit purposes
  • Monitor and improve producer compensation processes and projects
  • Analyze producer plan modeling as required

Benefits

  • Health and welfare benefits including medical, dental, and vision coverage
  • Paid holidays and annual paid time off
  • Company-paid short-term and long-term disability
  • Retirement benefits including a 401(k) plan with employer contributions
  • Additional benefits include life insurance, adoption assistance, and well-being programs
Full Job Description
Job Description

The Role

The Finance Manager of Sales Compensation is a member of Finance team at Willis Towers Watson and is a key individual contributor responsible for supporting the producer compensation calculation process for our Producer Sales Team, by providing data analysis and calculations to determine base salary and bonus calculations. The analyst works with the Head of Sales Compensation, Finance Leadership, Operational Leadership, and individual Producers and teams to ensure the various plans are calculated and paid accurately and timely.

Tasks
  • Builds and maintains strong working relationships with all stakeholders
  • Ensures that inquiries and concerns are handled quickly, appropriately, and with a courteous resolution.
  • Supports Head of Sales Compensation by preparing spreadsheets or utilizing other systems as appropriate, analyzing data and interpreting results
  • Reports issues to the Head of Sales Compensation and recommends solutions
  • Maintains documentation for audit purposes
  • Demonstrates expertise in calculation and administration of producer compensation and delivers services that meet and exceed departmental needs
  • Supports administration of producer compensation plans by reviewing and analyzing materials including but not limited to plan descriptions for calculation accuracy, supporting revenue documentation and any adjustments or exceptions approved by operational leadership
  • Monitors the effectiveness of existing producer compensation processes and projects, and assists with developing recommended revisions and improvements as necessary
  • Provides analysis on producer plan modeling as needed to various stakeholders
  • Provides deliverables with an awareness of and urgency around meeting deadlines, understanding impacts on staff and departments, and with providing exemplary customer service
  • Maintains integrity and excellent professional judgment while exhibiting unquestioned discretion with highly sensitive and confidential information
  • Displays self-awareness and is comfortable asking for help when needed; prioritizes appropriately and checks with leadership when there are competing priorities
  • Participate in forecast and budget process to provide guidance on incentive expense


Qualifications

The Requirements

  • Bachelor's Degree in finance or accounting required
  • Minimum of 3-5 years' experience in finance or accounting required
  • Strong Excel Skills required
  • Strong background working with very complex financial models, with experience in creating VBA coding and automation processes along with maintaining and updating models.
  • Proficiency in Power Bi and Power Query desired
  • Experience with calculation and administration of sales compensation plans a plus


Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $85,000-$100,000 USD per year.

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

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
  • Health and Welfare Benefits: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identify theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance and other work/life resources
  • Leave Benefits: Paid holidays, annual paid time off (includes state/local paid leave where required), company-paid disability (short-term and long-term disability), other leaves (e.g., bereavement, FMLA, ADA, jury duty, military leave, and Parental and Adoption Leave), Paid Time Off (only included for Washington roles)
  • Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans' eligibility requirements.


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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