Pension Risk Management and Settlement Strategy Consultant

Retirement Risk Management ConsultantDo 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 RoleIn 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 settlement strategy (including lump sum, annuity purchase, and plan termination feasibility) and other special projects involving settlement and financial management expertiseUnderstand capital market environment and outlook, and how they impact pension plan financialsServe as a resource on recent pension risk transfer market developmentsSupport presentations of complex consulting information to senior-level internal and client audiences, including studies involving investment consulting and multi-year funding strategyLead multi-phase projects, driving project planning, management of client financials and delegation to multiple associatesDevelop a trusted advisor relationship with client contacts, lead retirement consultants and Retirement Risk Management consultants through effective communication and efficient, quality execution of projectsSupport the generation of new business by promoting client engagement with WTW as a partner for pension risk transfer transactionsDevelop statements of work, project plans and budgets for broad range of studiesPerform technical review of work products, including consulting-level insights on settlement financial analysisContribute to the development of new tools and approachesServe as mentor to junior project team associatesNote that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.QualificationsThe Requirements3+ years of experience and success in the management of defined benefit plans, ideally gained in a consulting environmentExperience in pension risk transfer assessment or placement preferredAn undergraduate degree is required; Advanced degree preferredASA and/or EA; FSA, CERA & CFA credentials are encouragedExperience and expertise delivering retirement consulting services to a broad range of organizationsProven experience successfully managing multiple projects and producing quality deliverables on time and within budgetDemonstrated success or strong evidence to support the ability to contribute to new business generationStrong client relationship, interpersonal and team skillsExcellent oral and written communication skillsCompensation and BenefitsBase 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 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).CompensationThe base salary compensation range being offered for this role is $125,000 to $175,000 USD per year.The role is also eligible for an annual short-term incentive bonus.Company BenefitsWTW 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), Paid Time OffRetirement 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.Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.EOE, including disability/vetsThis position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.