Early Careers: Retirement Actuarial Internship - Atlanta - Summer 2024

Company: WTW
Location: Atlanta
Posted on: September 22, 2023

Job Description:

Locations: Atlanta, GA and Charlotte, NC The CompanyAt WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital.Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we helpyou sharpen your strategy, enhance organizational resilience, motivate your workforce and maximizeperformance. Working shoulder to shoulder with you, we uncover opportunities for sustainable success-and provideperspective that moves you. Create a career that goes in the direction you choose. Get to know opportunity.The BusinessCreate your future. Join our Retirement consulting team in providing expertise in retirement consulting to support global organizations inoptimizing the effectiveness of their employee retirement. Whether a client has a defined benefit pension or a defined contribution plan, we work with them to determine the right approach to designing, funding, investing,communicating,governing and employee management that fits their specific goals. You will also learn about all the services that WTW offers their clients and how they complement and enhance our retirement consulting practice. Explore an opportunity. Gain direct exposure to real client assignmentsand meetingswhich will draw on your imagination and creativity as well as your ability to analyze data,solve problems, develop solutions, and share your results. In this role, you'll experience a balance of expanding your technicaland industryknowledge and developing your problem solving and communications skills, while benefiting from working in a close-knit and supportive team environment. Learn the industry. Kickoff the internshipatamulti-day session with other interns across the local region to network and learn aboutWTWfrom various leaders amongst the Retirement business. Throughout the summer,engage in arobusttraining programwithin your local officein order toenhance your understanding of basic pension consulting. Grow with mentorship. You will have close interactionand supportthroughout the summer fromyour very own Lead Retirement Consultant mentor.Thisconsultant willwork with you on client assignments, give you an inside look at how the business works, and advise you on future career growth .Work towards becominga credentialed actuary. Accepted applicants will be eligible for a comprehensiveactuarialexam study program, including paid study hours and exam coaching to assist in attaininganaccreditedactuarialdesignation. Love your work. You will partner with---consultants to provide---technical---actuarial---and---consulting support---on projects---like:------

• Designing, funding, pricing, and the implementation and management of retirement programs
• Preparing and assistance with the delivery of client presentations and communications
• Competitive benchmarking analysis of benefit plan designs
• Corporate restructuring and capital enhancement initiatives (demutualization, securitization, mergers & acquisitions)
• Forecastingfuture pension plan costs
• Performingannual pension (qualified and nonqualified) and post-retirement medical valuations for a variety of clients
• Assistingwith completion of plan reporting and filing requirements
• Performingplan administrative tasks such as completing benefit calculations, reviewing plan documents and SPDs, and producing benefit statements
• Analyzing de-riskingoptions fordefined benefit plans (bulk lump sums, retiree annuity purchases, plan terminations) About you.
  • Bachelor's Degree in economics, finance, mathematics, statistics, actuarial science or any other major with significant quantitative course work, and minimum GPA of 3.0
  • Work experience that demonstrates strong technical and/or client service skills (analyst type of internship preferred)
  • 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
  • Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels
  • Excellent Microsoft Office skills, particularly in Excel
  • Accepting applications from candidates that graduate with a Bachelor's or Master's degree between December 2024 through June 2026 The Application-Interview Process:Step 1: Online application, including resume/CV Step 2: Online assessments and Video Interview Step 3: Virtual Interview with business Step 4: Offer and on-boarding WTW Work Flex: At WTW, we see things differently. We understand flexibility is key to supporting an inclusive and diverse workforce and so we have a variety of different working arrangements which we call "WTW Work Flex". We encourage colleagues and candidates to make requests for the types of flexible working arrangements that suit them. Visit our career site for more information: https://careers.wtwco.com/wtw-work-flex/ Recruiting tips:WTW specializes in preparing for the unknown. Here's how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/ Compensation 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. CompensationThe hourly rate range being offered for this role is $24 - $25/hr. This role is also eligible for over-time. 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) 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. WTW may be subject to employment-related COVID-19 vaccination mandates from time to time in certain jurisdictions that may require certifying and providing documentation of vaccination against COVID-19 to work in a WTW office. EEO, including disability/vets

Keywords: WTW, Atlanta , Early Careers: Retirement Actuarial Internship - Atlanta - Summer 2024, Other , Atlanta, Georgia