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WTW · 3 days ago

Pension Risk Management and Settlement Strategy Consultant

United States

Full-time

Remote

Mid, Senior Level

$125K/yr - $175K/yr

3+ years exp

WTW is a market leading company focused on innovation and excellence in the Retirement Risk Management team. The Pension Risk Management and Settlement Strategy Consultant will support diverse projects related to pension risk transfer and funding strategy, providing consulting expertise and managing client relationships.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Responsibilities

Provide value-added consulting expertise on settlement strategy (including lump sum, annuity purchase, and plan termination feasibility) and other special projects involving settlement and financial management expertise

Understand capital market environment and outlook, and how they impact pension plan financials

Serve as a resource on recent pension risk transfer market developments

Support presentations of complex consulting information to senior-level internal and client audiences, including studies involving investment consulting and multi-year funding strategy

Lead multi-phase projects, driving project planning, management of client financials and delegation to multiple associates

Develop a trusted advisor relationship with client contacts, lead retirement consultants and Retirement Risk Management consultants through effective communication and efficient, quality execution of projects

Support the generation of new business by promoting client engagement with WTW as a partner for pension risk transfer transactions

Develop statements of work, project plans and budgets for broad range of studies

Perform technical review of work products, including consulting-level insights on settlement financial analysis

Contribute to the development of new tools and approaches

Serve as mentor to junior project team associates

Qualification

Defined benefit plan managementPension risk transferRetirement consulting servicesFinancial management expertiseClient relationship managementProject managementNew business generationTechnical reviewAdvanced degreeProfessional certificationsCommunication skillsInterpersonal skillsTeam skillsMentoring

Required

3+ years of experience and success in the management of defined benefit plans, ideally gained in a consulting environment

An undergraduate degree is required

Experience and expertise delivering retirement consulting services to a broad range of organizations

Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget

Demonstrated success or strong evidence to support the ability to contribute to new business generation

Strong client relationship, interpersonal and team skills

Excellent oral and written communication skills

Preferred

Experience in pension risk transfer assessment or placement preferred

Advanced degree preferred

ASA and/or EA; FSA, CERA & CFA credentials are encouraged

Benefits

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.