Retirement Actuarial Intern in Cleveland, OH at Willis Towers Watson

Date Posted: 11/12/2017

Job Snapshot

  • Employee Type:
    Intern
  • Location:
    Cleveland, OH
  • Experience:
    Not Specified
  • Date Posted:
    11/12/2017

Job Description

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 at willistowerswatson.com.

The Business


Join our Retirement consulting team in providing expertise in retirement and investment consulting to support global organizations in designing, managing, administering, and communicating various retirement plans. 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, governing and employee management that fits their specific goals.

The Role


Gain direct exposure to real client assignments which will draw on your imagination and creativity as well as your ability to analyse data, draw conclusions, and share your brilliant results.  In this role, you’ll experience a balance of expanding your technical knowledge and industry expertise, while benefiting from working in a close-knit and supportive team environment. 

Love your work.  You will partner with consultants to provide actuarial support on client projects through: 
  • Designing, funding, pricing, and the implementation and management of retirement programs
  • Competitive benchmarking analysis of benefit plan designs
  • Corporate restructuring and capital enhancement initiatives (demutualization, securitization, mergers & acquisitions)
  • Working with a wide range of associates at all levels within the local practice
  • Performing asset/liability modelling
  • Perform annual pension (qualified and nonqualified) and post-retirement medical valuations for a variety of clients. (This entails manipulating data, analyzing data, determining plan liabilities, reconciling plan assets, and determining funding requirements)
  • Assist with completion of plan reporting and filing requirements
  • Perform plan administrative tasks such as completing benefit calculations, reviewing plan documents and SPDs, and producing benefit statements 


Job Requirements

The Requirements
  • Junior standing (sophomore considered with other relevant internship experience) pursuing a Bachelors or Master’s degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0
  • Successful completion of one or more actuarial exams highly preferred
  • 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
  • Excellent oral and written communication skills
  • Excellent Microsoft Office skills, particularly in Excel




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.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status or status as an individual with disability. All qualified applicants will not be discriminated against on the basis of disability.

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