Pension Benefits Analyst – Philadelphia

Job description

JOB DESCRIPTION

Explore this exciting opportunity with one of the leaders in the defined benefit outsourcing business! Our Pension Specialists perform recurring plan administration services and work assignments for clients’ defined benefit plans under the supervision of senior analysts and will assist with project work and other ad hoc client support services as requested.

The Role
Willis Towers Watson benefit consultants have deep experience working with organizations of all types and sizes. We’ve worked closely with clients to develop some of the most advanced benefit design techniques currently in use. We combine expertise in retirement and investment consulting to support organizations worldwide in designing, managing, administering and communicating all types of retirement plans. 

As a Pension Specialist you will:

·  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)
·  Assist with case management for participant call support
·  Prepare pension benefit packages in accordance with plan provisions and established procedures
·  Maintain complete and 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

The Requirements:

·  Bachelors or Master’s degree in mathematics, statistics 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 and leadership 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
·  Ability to prioritize and have good attention to detail
·  Excellent oral and written communication skills
·  Excellent Microsoft Office skills, particularly in Excel (i.e. pivot tables and lookup functions)
At this time we will only accept candidates that are presently eligible to work in the United States and will not require sponsorship now or in the future.

The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more atwillistowerswatson.com.

Willis Towers Watson is an equal opportunity employer

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability. 

Equal Employment Opportunity:Know your rights.

Unsolicited Contact : Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer.