Pension Risk Management and Settlement Strategy Consultant

About the role

In this role, you will support diverse projects related to pension risk transfer, funding strategy, and other special projects requiring settlement and financial management expertise. You will also:

• 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 the 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 a 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 a mentor to junior project team associates

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Requirements

• 3+ years of experience and success in the management of defined benefit plans, ideally gained in a consulting environment
• Experience in pension risk transfer assessment or placement preferred
• An undergraduate degree is required; advanced degree preferred
• ASA and/or EA; FSA, CERA, and CFA credentials are encouraged
• 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

Pay

The base salary compensation range for this role is $125,000 to $175,000 USD per year. The role is also eligible for an annual short-term incentive bonus.

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, Identity 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.