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WTW Actuarial Analyst - Global Benefits in London, United Kingdom

Willis Towers Watson (WTW) is recruiting for three Actuarial Analyst positions in our market-leading Integrated and Global Solutions (IGS) Practice based in London, United Kingdom. Our mission is to advise multinational companies’ headquarters on all aspects of benefits provided to workforces around the world. This covers both strategic and operational activity.

This is a fantastic opportunity to join a large, diverse and successful team. We have an enviable client portfolio that focuses on multi-national companies across all sectors, including Pharmaceutical, Financial Services, Oil & Gas/Natural Resources, Retail, Construction and Engineering and Manufacturing.

Multinational companies face a variety of business, cultural, language and regulatory environments. We help companies to navigate these challenges in relation to pensions, benefits and employment structures. We advise multinational companies on certain specialist topics where the IGS has unique experience, and we also act as a single point of contact to help solve client questions where we draw on the expertise of all our colleagues from around the world.

The Role:

This role will entail supporting lead consultants and our multinational clients in the delivery of global actuarial, M&A support and other consulting services relating to employee benefits. As well as supporting and coordinating local consulting services to these clients relating to actuarial and employee benefit issues. These roles will include:

  • Coordinating and delivering global pensions accounting consolidation projects under internationally recognized financial reporting standards and advising multinational clients in relation to these accounting requirements. Including consulting with the client around project management, accounting policy, assumption setting, special events reporting, coordination of the results and production of disclosures and reports to support these disclosures.

  • Working in diverse client teams to support the lead consultant in delivering advice to the headquarters of our multinational clients on employee benefit matters around the world. This includes working in broad teams from across WTW to support on the IGS elements of wider client engagements. Areas of advice could include benefit design, local compliance, local and global governance process, merger & acquisition activity, provider selection and benefit delivery, global benefit financing and risk management structures.

  • Coordinating and project managing multi-country projects such as global benefits benchmarking exercises, merger & acquisition activity, total rewards alignment and cost savings projects, data analytics and governance processes.

  • Supporting the lead consultant to develop and manage relationships with key buyers at Corporate.

  • Keeping abreast of changes in legislation, market practice or otherwise, identification of issues and process improvements, proactively supporting the lead consultant and clients in addressing these.

  • Supporting the use of WTW technology to help clients to maximize the value from the information collected.

  • Supporting on intellectual capital development and new business generation.

The Requirements:

  • Part qualified/newly qualified actuary with strong evidence of working with clients to prepare US GAAP and/or IFRS pensions accounting disclosures. (Actuarial study support is available for those pursuing an actuarial qualification, although those who do not intend to complete the exams will be considered.)

  • A keen interest in the international benefits arena and comfortable working in a global environment.

  • Strong project management and organisational skills allowing the individual to multi-task and prioritise tasks

  • Although the role requires technical skills, an ability to interpret and use the technical information available to effectively consult with clients is important

  • An ability to engage in a consulting relationship with clients at the headquarters and local country level, including excellent consulting skills such as listening and facilitating discussions with clients

  • Understands the nuances of working across borders, with different cultures and with multinational organizations.

  • Self-motivation and the ability to work effectively in teams, including remotely with clients and colleagues in other countries.

  • An attention to detail in the review and delivery of consistent high-quality results to clients and colleagues and a proactive approach to working with clients.

  • An ability to build a network with WTW colleagues around the world.

  • A positive and friendly approach to work.

  • A keen desire to learn.

  • Excellent interpersonal and communication skills.

  • An aptitude for managing multiple stakeholder groups.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

Equal Opportunity Employer

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