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Global Actuarial Consultant

at WTW in Chicago, Illinois, United States

Job Description

As a Global Actuarial Consultant you will provide consulting advice and services to multinational companies concerning retirement as well as broader benefits and compensation issues for their operations globally. You will coordinate and manage multi-country projects (including annual global actuarial coordination projects), working closely with client headquarters, local country client contacts and local Willis Towers Watson consultants. You will serve as the project manager and day to day communication liaison with our clients, create client deliverables, contribute to client management and new business activities, and participate in the creation of new intellectual capital.

The Role

+ Deliver superior, consistent project management on multi-country projects:

+ Draft statements of work, project plans and budgets involving multiple workflow streams and client and consultant teams across geographic boundaries internationally

+ Serve as primary, daily contact to clients located in headquarters as well as overseas offices concerning delivery of services, coordinating with Willis Towers Watson Consultants globally

+ Manage client expectations and raise appropriate issues to Senior Consultants and Client Relationship Managers

+ Develop a trusted advisor relationship with client contacts

+ Provide value-added consulting expertise in global retirement plan valuation and design

+ Participate in special projects including mergers and acquisitions, benefit plan strategy and design, plan management and governance strategy, and global financing and funding policies

+ Perform technical check of work products including actuarial valuations, calculations and accounting results

+ Contribute to the development of new tools and approaches, including monitoring and analyzing economic conditions in major markets around the world and updating country profiles

+ Meet revenue and billable hour goals as described by manager

+ Support the generation of new business as part of the broader team

+ Develop new business opportunities and enhance existing relationships

+ Directly contribute to clients’ success through applying your technical expertise

The Requirements

+ 7+ years of experience and demonstrated expertise in delivering defined benefit valuation and consulting services to multinational organizations is highly preferred , but will consider candidates with strong experience in other benefit practices.

+ ASA designation required ; significant progress toward FSA or equivalent qualification highly preferred.

+ Bachelor’s Degree required

+ Experience working on global HR benefit programs and a demonstrated interest in international issues; experience living and working overseas and foreign language skills preferred

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

+ Strong client relationship, interpersonal and team skills

+ The ability to see the “big picture,” leveraging the resources of related practices to address the clients’ business challenges

+ Working knowledge of ASC 715 (formerly FAS87) and IAS19 preferred

+ Availability to travel on an as needed basis

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 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).

Compensation

The base salary compensation range being offered for this role is $90,000 – $115,000 USD. This 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)

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.

EEO, including disability/vets (https://cdn-static.findly.com/wp-content/uploads/sites/1240/2021/06/14082050/EEO-Policies-for-WTW-Careers-site-2021.pdf)

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Job Posting: JC240109554

Posted On: May 12, 2023

Updated On: Oct 21, 2023

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