Job Information
WTW Pension Risk Management and Settlement Strategy Consultant in Stamford, Connecticut
Do you want to be part of 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 in identifying and evaluating opportunities to manage pension-related costs and associated risks. We support our clients by exploring funding, pension risk transfer and investment approaches, developing solutions that best fit their specific goals and constraints. Our innovative thinking consistently generates new consulting opportunities.
The Role
In this exciting role, you will have the opportunity to 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 lump sum and annuity purchase 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
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
The Requirements
5+ years of experience and success in the management of defined benefit plans, ideally gained in a consulting environment
2+ years of experience in pension risk transfer assessment
An undergraduate degree is required; Advanced degree preferred
ASA and/or EA; FSA, CERA & CFA credentials are encouraged and a major advantage
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
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 $100,000 - $175,000. 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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