As a Retirement Actuarial Analyst, you will support a variety of projects involving the design, valuation, funding, and financial analysis of employer-sponsored retirement programs, including defined benefit, defined contribution, and hybrid plans. You'll collaborate with client teams, contribute to actuarial and financial deliverables, and ensure quality standards are met. This role offers the opportunity to grow your retirement consulting expertise while developing your financial, project management, and communication skills alongside industry leaders.
The Role
- With clear guidance and direction, play an active support role in multiple client teams developing retirement-related financial analyses, outputs, and client deliverables across a regional team.
- Develop working proficiency in core actuarial and financial theories, models, and tools relevant to retirement plans.
- Assist in the preparation of pension valuations, funding projections, and accounting disclosures under various standards (e.g., US GAAP, IFRS, local regulations).
- Support modeling of plan design changes, cost projections, and risk management strategies.
- Take responsibility for execution of specific tasks contributing to actuarial deliverables, ensuring accuracy and adherence to deadlines.
- Collaborate with Global Delivery Centers and Client Service teams to ensure efficient project execution.
- Build strong internal relationships and contribute effectively to cross-functional teams.
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Qualifications
The Requirements
- 0-3+ year(s) of work experience in professional services, ideally in retirement consulting, pension administration, or actuarial functions within an insurance or financial services firm.
- Basic knowledge of retirement plan structures and regulatory environments.
- Work experience that demonstrates strong technical and/or client service skills (analyst type of internship preferred)
- Passion for solving problems and sharing solutions to exceed the standards of the client
- Ability to be a self-starter and work independently, but also cooperatively in a close team environment
- Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels
- Excellent Microsoft Office skills, particularly in Excel
- Relevant financial experience and/or university degree in actuarial science, mathematics, statistics, finance, or related field.
- Progress toward actuarial credentials (e.g., ASA, EA) or CEBS designation (optional but preferred).
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.
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 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 $60,000 to $85,000 USD per year.
The 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). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.
At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution.
We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.
EOE, including disability/vets
Working at
Willis Towers Watson
Willis Towers Watson is a global professional services company that specializes in risk management and insurance. The company was formed in 2016 through the merger of Willis Group and Towers Watson, two well-known and respected firms in the industry. Willis Towers Watson offers a range of insurance products and risk management services to help businesses and organizations identify and mitigate potential risks. The company has a strong reputation for customer service and is known for its expertise in serving the diverse needs of its clients. In addition to traditional insurance products, Willis Towers Watson also offers innovative risk management solutions and consulting services to help clients navigate the complex and rapidly-changing world of risk. The company has a global presence, with operations in numerous countries around the world.