Retirement Consultant

Willis Towers Watson
05 Aug 2017
30 Aug 2017
Job Type
Contract Type

As a Retirement Consultant you will work as part of a team on a wide variety of complex projects. You will serve as a key resource for the consultant in charge of each of your engagements by performing many intricate aspects of the client work. As you grow and gain more expertise, you will become a key contact for the client and will begin taking on a larger project manager role within the team.

Your work will likely cover both Trustee & Corporate assignments and you will contribute to varied and interesting projects which may, for example, include:

* Defined benefit and contribution plan design and strategy and how they align with the total rewards strategy

* Pension plan financial management

* Asset/liability modelling and broader risk management work

Technical/Thought Leadership

n Serve as primary resource and liaise effectively with colleagues and clients regarding data collection, analyses, and project execution required for:

n Accounting and funding valuations

n Completion of Pension Protection Fund ("PPF") and Pensions Regulator submissions

n Understand UK legislative environment particularly in relation to the governance of different types of pension arrangements and understanding the tax regime

n Complete work in accordance with

n various accounting standards,

n guidance from Department for Work & Pensions, Pensions Regulator and the PPF

n compliance with the Board for Actuarial Standards & Institute and Faculty of Actuaries

n Scheme Specific Funding requirements

n Seek and participate in key learning and development opportunities

n Maintain steady progress through exams

Contribute to due diligence for mergers and acquisitions including estimating costs and

  • challenges of integration

  • Contribute to retirement plan risk assessment and mitigation

  • Prepare the first draft of deliverables for review by the consultant to cover both Trustee & Corporate assignments

    Project Management

  • Deliver work in accordance to project deadlines

  • Begin to serve as the project manager and main liaison to the consultant which includes:

    • Creating project plans

    • Monitoring progress to deadlines and budget

    • Scheduling and managing weekly/bi-weekly status meeting calls

    • Ensuring appropriate and effective communication among team members and the client


      • Build relationships internally and collaborate effectively on cross-functional teams

      • Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels

      • Takes an active interest in the development of more junior staff, sharing in detail the completion of routine tasks

        Client/Account Management

      • Deliver on projects to meet or exceed client expectations

      • Increase efficiency within client teams by identifying ways to improve processes

        Financial/Revenue Generation

      • Meet chargeable hours targets

      • Contribute to sales and marketing efforts by drafting proposals and responding to RFPs

The Requirements

  • Some previous experience doing core valuation work and working in a client-service and trustee oriented environment which covers defined benefit and defined contribution plans

  • Strong written and verbal communication skills

  • Actuarial exam progress towards FIA or FFA

  • Flexibility and proven ability to diagnose and resolve issues; strong client service orientation

  • Demonstrated leadership qualities

  • Ability to ask the right questions and seek help where appropriate

  • Ability to respond to all communications effectively and in a timely manner

  • Well organised and detail oriented with ability to prioritise and delegate tasks

  • Ability to work both independently and on client teams and enjoy a fast-paced environment

  • Sense of accountability; owning one's work and taking pride in it

  • Self-starter; interest in continually challenging oneself and willingness to step outside of one's comfort zone

  • Interest and ability to think beyond the task at hand and understand how one's work fits into the broader landscape

  • Strong analytical and integrative skills including ability to draw conclusions and identify trends from data in a logical, systematic way

  • Excellent Microsoft Office skills, particularly in Excel

Willis Towers Watson is an equal opportunities employer and does not discriminate on any basis. We support flexible working and this role will be considered on a flexible basis.