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WTW Retirement Consulting Lead Associate in Parsippany, New Jersey

Work for one of the top actuarial consulting firms in the country! As a Retirement Consulting Lead Associate at Willis Towers Watson, you will be making a valuable difference every day to our high-profile client organizations. You will apply your actuarial, client relationship and project management expertise in the delivery of complex projects for Fortune 1000 and other not-for-profit organizations of similar size. You will help clients achieve their evolving business objectives by aligning their defined benefit, retiree welfare and defined contribution plans accordingly.

The Role

Our Retirement Consulting Lead Associates have the opportunity to participate in diverse projects related to mergers and acquisitions, plan design and strategy, asset liability studies, forecasting, early retirement windows, global consulting and other special projects as needed. This client facing role supports senior consultants in developing and reviewing analysis of plan funded position and financial requirements, plan design, retirement income, etc. Consulting analysts work closely with teams providing actuarial valuations and supporting analysis for special projects, reviewing results and developing presentations based on the results.

As you grow with clients and gain more expertise, you will play an increasingly larger role within your client team. In addition, you will:

  • Participate in direct consulting, presentation development and supporting analysis for projects projects such as:

  • Actuarial valuations for funding and accounting, including developing client strategies, evaluating and analyzing results, and setting assumptions

  • Retirement plan design

  • Cost projections and asset/liability modelling

  • Retirement plan risk assessment and mitigation

  • Due diligence for mergers and acquisitions

  • Collective bargaining agreements

  • Global retirement consulting

  • Strategic workplace planning

  • Total rewards strategies

  • Complete work in accordance with ERISA, FASB, GASB, Department of Labor, Pension Protection Act and other Government regulations

  • Ensure appropriate and effective communication among team members and the client

  • Interact with clients and expand internal and external relationships

  • Seek and participate in key learning and development opportunities/maintain steady progress through exams

  • Review analytical work and draft documents prepared by project teams and junior analysts

  • Contribute to the development of new tools and approaches

The Requirements

  • 3+ years’ experience in actuarial consulting

  • Strong client relationship, interpersonal and team skills

  • Strong written and verbal communication skills

  • Ability to ask the right questions and seek help where appropriate

  • Ability to respond to all communications effectively and in a timely manner

  • Flexibility and proven ability to diagnose and resolve issues; strong client service orientation

  • Demonstrated leadership qualities

  • Ability to work both independently and on client teams and enjoy a fast-paced environment

  • Sense of accountability; owning one’s work and taking pride in it

  • Self-starter; interest in continually challenging oneself and willingness to step outside of one’s comfort zone

  • Interest and ability to think beyond the task at hand and understand how one’s work fits into the broader landscape

  • Strong analytical and integrative skills including ability to draw conclusions and identify trends from data in a logical, systematic way

  • Excellent Microsoft Office skills, particularly in Access and Excel

  • Bachelor’s Degree required

  • Significant actuarial exam progress toward ASA and EA credentials

Willis Towers Watson may be subject to mandatory employment-related COVID-19 vaccination requirements. Therefore, to the extent any such mandates apply, you may be required to certify and provide documentation of full vaccination against COVID-19 if you are hired in the U.S. If you accept an offer from WTW and are subject to a mandate but are unable or unwilling to be vaccinated because of medical reasons or sincerely-held religious beliefs, you may request a medical or religious accommodation. If you require an accommodation, the Company will evaluate your request and work with you to identify reasonable alternatives to vaccination, if available.

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