Willis Towers Watson

Pension Outsourcing Senior Associate

Willis Towers Watson$85K — $105K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10 years of experience in defined benefit plan administration and manual calculation.
  • Bachelor's or Master's degree in mathematics, statistics, finance, or related field with quantitative coursework.
  • Strong knowledge of defined benefit plan design fundamentals.
  • Excellent analytical and problem-solving skills.
  • Proficient in Microsoft Excel and Word.
  • Detail-oriented with a professional, client-focused approach.
  • Fluency in English and French required for candidates in Quebec.

Responsibilities

  • Serve as primary contact for clients regarding service delivery.
  • Resolve complex issues from clients and colleagues.
  • Review and oversee analysts' deliverables.
  • Communicate issues to directors when necessary.
  • Conduct moderate benefit calculations and trust instructions.
  • Manage participant data reconciliation and issue resolution.
  • Coach and develop less experienced associates.

Benefits

  • Opportunity for career growth and advancement.
  • Access to cutting-edge tools and industry talent.
  • Mentorship of junior associates.
  • Engagement in diverse and special projects.
Full Job Description
Job Description

WTW Retirement consultants have deep experience working with organizations of all types and sizes. We've worked closely with clients to develop some of the most advanced benefit design techniques currently in use. We combine expertise in retirement and investment consulting to support organizations worldwide in designing, managing, administering, and communicating all types of retirement plans.

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

As a Pension Outsourcing Senior Associate, 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
  • Respond to and resolve complex issues, including those escalated clients and colleagues
  • Review work and deliverables of analysts
  • Raise issues as appropriate to directors
  • 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
  • Prepare moderately complex benefit calculations and trust instructions
  • Collect, manipulate, reconcile, and review participant data - identifying and resolving issues as they arise
  • Resolve more complex plan provision questions and issues surfaced by less experienced analysts
  • Follow and update documentation materials as directed
  • Employ WTW'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 associates


Qualifications

The Requirements
  • Minimum of 10 years defined benefit 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
  • Strong oral and written communication skills in English and French is required for all candidates residing in Quebec.

Compensation

The base salary compensation range being offered for this role is $85,000 CAD -$105,000 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.

Equal Opportunity Employer

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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