Pension Asset Liability Study Consultant

About the role

Join a market-leading, strategic team focused on innovation and excellence. Our Retirement Risk Management team combines expertise in DB plan management and investment consulting to support pension plan sponsors.

Responsibilities

• Provide value-added consulting expertise on asset-liability studies and other special projects involving investment expertise
• Understand capital market environment and outlook, particularly in the context of asset-liability projections and resulting investment recommendations
• Support presentations of complex consulting information to senior-level internal and client audiences
• 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
• Serve as mentor to junior project team associates
• Generate new business by promoting client engagement with WTW as a partner for investment and other pension risk management strategies
• Develop statements of work, project plans and budgets for broad range of studies
• Contribute to the development of new tools and approaches
• Perform technical review of work products, including consulting-level insights on stochastic forecasting results using Monte Carlo simulations

Requirements

• 3+ years of experience and success in the management of defined benefit plans, ideally gained in a consulting environment
• Experience in asset-liability modeling (ALM), including Monte Carlo simulations preferred
• An undergraduate degree is required; Advanced degree preferred
• ASA and/or EA; FSA, CERA & CFA credentials are encouraged
• Experience and expertise delivering retirement and/or investment consulting services to a broad range of organizations
• Prowess in managing multiple projects and producing quality deliverables on time and within budget
• Proven experience supporting and contributing to new business generation
• Strong client relationship, interpersonal and team skills
• Polished and well developed oral and written communication skills

Compensation and Benefits

The base salary compensation range being offered for this role is $100,000 to $150,000 USD per year. The role is also eligible for an annual short-term incentive bonus.

Company Benefits include:

• 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.