Pension Asset Liability Study Consultant
About the position
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 asset-liability studies, funding strategy, and other special projects requiring investment expertise, as needed. You will also: Provide value-added consulting expertise on asset-liability studies and other special projects involving investment expertise Understand capital market environment and outlook, particularly in the context of asset-liability projections and resulting investment recommendations 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 investment and other pension risk management strategies Develop statements of work, project plans and budgets for broad range of studies Perform technical review of work products, including consulting-level insights on stochastic forecasting results using Monte Carlo simulations Contribute to the development of new tools and approaches Serve as mentor to junior project team associates This role can be held remotely from any location in the United States. Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Responsibilities
• Provide value-added consulting expertise on asset-liability studies and other special projects involving investment expertise
• Understand capital market environment and outlook, particularly in the context of asset-liability projections and resulting investment recommendations
• 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 investment and other pension risk management strategies
• Develop statements of work, project plans and budgets for broad range of studies
• Perform technical review of work products, including consulting-level insights on stochastic forecasting results using Monte Carlo simulations
• Contribute to the development of new tools and approaches
• Serve as mentor to junior project team associates
Requirements
• 3+ years of experience and success in the management of defined benefit plans, ideally gained in a consulting environment
• Experience in asset-liability modeling (ALM), including Monte Carlo simulations preferred
• An undergraduate degree is required; Advanced degree preferred
• ASA and/or EA; FSA, CERA & CFA credentials are encouraged
• Experience and expertise delivering retirement and/or investment consulting services to a broad range of organizations
• Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget
• Experience supporting and contributing to new business generation
• Strong client relationship, interpersonal and team skills
• Polished and well developed oral and written communication skills
Benefits
• 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), 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.
Apply tot his job
Apply To this Job
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 asset-liability studies, funding strategy, and other special projects requiring investment expertise, as needed. You will also: Provide value-added consulting expertise on asset-liability studies and other special projects involving investment expertise Understand capital market environment and outlook, particularly in the context of asset-liability projections and resulting investment recommendations 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 investment and other pension risk management strategies Develop statements of work, project plans and budgets for broad range of studies Perform technical review of work products, including consulting-level insights on stochastic forecasting results using Monte Carlo simulations Contribute to the development of new tools and approaches Serve as mentor to junior project team associates This role can be held remotely from any location in the United States. Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Responsibilities
• Provide value-added consulting expertise on asset-liability studies and other special projects involving investment expertise
• Understand capital market environment and outlook, particularly in the context of asset-liability projections and resulting investment recommendations
• 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 investment and other pension risk management strategies
• Develop statements of work, project plans and budgets for broad range of studies
• Perform technical review of work products, including consulting-level insights on stochastic forecasting results using Monte Carlo simulations
• Contribute to the development of new tools and approaches
• Serve as mentor to junior project team associates
Requirements
• 3+ years of experience and success in the management of defined benefit plans, ideally gained in a consulting environment
• Experience in asset-liability modeling (ALM), including Monte Carlo simulations preferred
• An undergraduate degree is required; Advanced degree preferred
• ASA and/or EA; FSA, CERA & CFA credentials are encouraged
• Experience and expertise delivering retirement and/or investment consulting services to a broad range of organizations
• Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget
• Experience supporting and contributing to new business generation
• Strong client relationship, interpersonal and team skills
• Polished and well developed oral and written communication skills
Benefits
• 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), 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.
Apply tot his job
Apply To this Job