Intern Conversion Only - Pension Outsourcing Analyst - West - 2023

Create your future. The complexity, costs and risks associated with employee benefits pose an increasing threat to business performance. An enterprise-wide strategy for managing benefits gives our clients the framework to develop programs that work in concert to help attract and retain top talent in a cost-effective manner so they can offer benefits that give them a competitive edge while meeting the needs of their employees.

Our Retirement team provides expertise in retirement and investment consulting to support organizations worldwide in designing, managing, administering and communicating all types of retirement plans.

Explore an opportunity. As a Pension Benefits Analyst you will contribute as part of a team to provide general administration support and basic pension administration tasks. You will perform recurring plan administration services and work assignments for clients’ defined benefit plans under the supervision of senior analysts and work with the client service delivery team as well as interface with clients to answer questions, resolve issues and complete projects.

Love your work. You will partner with team members on the following objectives:

• Perform with guidance from other team members, routine and recurring plan administration tasks for clients’ defined benefit plans (e.g., benefit calculations, annual data updates, assist with preparation of benefit statements)

• Work cooperatively with other team members (Willis Towers Watson plan administrators, actuaries) to complete tasks and to ensure unified delivery of services
• Gain a thorough understanding of the plan design (e.g., benefit formulas, options, eligibility)
• Follow and update documentation materials as directed to maintain complete accurate work papers and audit trails
• Learn and use Professional Excellence tools and concepts to ensure efficient and quality output/service delivery
• Serve as a contact with clients’ human resources personnel
• Adhere to plan documents and government regulations in administering plans
• Actively participate in team meetings and training activities
• Be accountable to team members for agreements and commitments

About you.

• Bachelors or Master’s degree in mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0
• Solid mathematical and analytical skills
• Work experience that demonstrates strong technical and/or client service skills
• Passion for solving problems and sharing solutions to exceed the standards of the client
• Ability to be a self-starter and work independently, but also cooperatively in a close team environment
• Excellent oral and written communication skills
• Excellent Microsoft Office skills, particularly in Excel

Willis Towers Watson may be subject to mandatory employment-related COVID-19 vaccination requirements. Therefore, to the extent any such mandates apply, you may be required to certify and provide documentation of full vaccination against COVID-19 if you are hired in the U.S. If you accept an offer from WTW and are subject to a mandate but are unable or unwilling to be vaccinated because of medical reasons or sincerely-held religious beliefs, you may request a medical or religious accommodation. If you require an accommodation, the Company will evaluate your request and work with you to identify reasonable alternatives to vaccination, if available.

Compensation and benefits information for this position is being included in accordance with requirements of the Colorado Equal Pay for Equal Work Act. Please note that the salary range listed relate specifically to roles located in Colorado and that salary ranges for similar positions located in other Willis Towers Watson locations may vary. In addition, salaries may vary for different individuals in the same role-based on several factors, including but not limited to individual competencies, education/professional certifications, experience and performance in the role.

Compensation

The hourly rate or salary compensation range being offered for this role is $48,000 – 52,000. This role is also eligible for an annual short-term incentive bonus.

Company Benefits

Willis Towers Watson 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).

EEO Policy