Actuarial Delivery Group - Technical Leader
The RoleIn this exciting role as a Technical Leader within the Actuarial Delivery Group (ADG), you will apply your technical and project management skills in the areas of retirement plan valuations, design, compliance, and risk and financial management for all types of retirement plans including defined benefit, defined contribution, and retiree medical.
Given the size and complexity of our client portfolio, you will have the opportunity to support diverse projects that help organizations align their retirement programs to their company objectives.
In this role at WTW, you will:
Perform technical review of work products and assume significant responsibility for quality assurance Serve as a subject matter expert and provide value-added insights on retirement plan valuations, welfare plan valuations and special projects May serve as day-to-day project lead, ensuring progress of the team against established objectives, budget, timeline, deliverables, and quality standards Contribute to special projects such as plan design, asset/liability modelling, retirement plan risk assessment and mitigation, due diligence for mergers and acquisitions, collective bargaining agreements, global consulting, strategic workplace planning, total rewards strategies, and others Contribute to the development of new tools and approaches Identify opportunities to enhance quality and/or improve processes to reduce costs Serve as a mentor or technical resource to more junior colleagues Complete work in accordance with applicable ERISA, FASB, GASB, Department of Labor, Pension Protection Act and other Government regulations The Requirements 5
years defined benefit pension experience performing core actuarial work Bachelor's degree required, with heavy quantitative emphasis such as majors in mathematics, statistics or actuarial science In-depth understanding of the funding of and accounting for defined benefit plans.
Additional knowledge of other postretirement benefits is preferred Proven ability to understand complex valuation systems and provide a detailed technical review of work projects Excellent oral and written communication skills Expert Microsoft Office skills, particularly in Excel Compensation and BenefitsBase 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).
CompensationThe base salary compensation range being offered for this role is $75,000 - $120,000 USD.
This role is also eligible for an annual short-term incentive bonus.
Company BenefitsWTW 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)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.
EOE, including disability/vets Recommended Skills Actuarial Science Collective Bargaining Communication Mathematics Mergers And Acquisitions Microsoft Excel Estimated Salary: $20 to $28 per hour based on qualifications.
Given the size and complexity of our client portfolio, you will have the opportunity to support diverse projects that help organizations align their retirement programs to their company objectives.
In this role at WTW, you will:
Perform technical review of work products and assume significant responsibility for quality assurance Serve as a subject matter expert and provide value-added insights on retirement plan valuations, welfare plan valuations and special projects May serve as day-to-day project lead, ensuring progress of the team against established objectives, budget, timeline, deliverables, and quality standards Contribute to special projects such as plan design, asset/liability modelling, retirement plan risk assessment and mitigation, due diligence for mergers and acquisitions, collective bargaining agreements, global consulting, strategic workplace planning, total rewards strategies, and others Contribute to the development of new tools and approaches Identify opportunities to enhance quality and/or improve processes to reduce costs Serve as a mentor or technical resource to more junior colleagues Complete work in accordance with applicable ERISA, FASB, GASB, Department of Labor, Pension Protection Act and other Government regulations The Requirements 5
years defined benefit pension experience performing core actuarial work Bachelor's degree required, with heavy quantitative emphasis such as majors in mathematics, statistics or actuarial science In-depth understanding of the funding of and accounting for defined benefit plans.
Additional knowledge of other postretirement benefits is preferred Proven ability to understand complex valuation systems and provide a detailed technical review of work projects Excellent oral and written communication skills Expert Microsoft Office skills, particularly in Excel Compensation and BenefitsBase 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).
CompensationThe base salary compensation range being offered for this role is $75,000 - $120,000 USD.
This role is also eligible for an annual short-term incentive bonus.
Company BenefitsWTW 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)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.
EOE, including disability/vets Recommended Skills Actuarial Science Collective Bargaining Communication Mathematics Mergers And Acquisitions Microsoft Excel Estimated Salary: $20 to $28 per hour based on qualifications.
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