In this challenging role as a Pension Outsourcing Benefits Senior Associate, you will contribute as part of a team to the entire range of retirement administration projects. If you’re looking for an exciting role, with one of the leaders in the defined benefit outsourcing business and the opportunity to grow and develop your career, apply now!In this role you will serve as the project manager and day to day communication liaison with our clients, trouble shoot issues, create client deliverables, contribute to client management and new business activities, and participate in the creation of new intellectual capital.This position is available in multiple locations. For more specifics, please inquire with the recruiter.Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.The Role
Enhance your knowledge of all aspects of retirement plan administration
Enjoy a well-defined career path with opportunities for growth and advancement
Leverage the most cutting-edge tools and resources and some of the world’s experts in retirement plan design, management and pension administration
Deliver superior, consistent client management and deliverables in support of a Director for assigned clients:
Draft statements of work, project plans and budgets involving multiple workflow streams and client teams
Oversee the day-to-day project leaders, ensuring the progress of the teams against established objectives, budgets, timelines, deliverables and quality standards
Serve as primary, daily contact to clients on delivery of services and raise appropriate issues to Directors
Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
Manage a diverse set of pension administration services individually and through team initiatives
Review escalated or complex pension benefit calculation issues in accordance with plan provisions, Internal Revenue Code, ERISA, and other legal regulations
Review pension benefit commencement packages
Oversee annual employee pension statement projects
Ensure that work of self and team is delivered in accordance with professional and work excellence standards
Deliver formal and informal process training to both team members and client contacts
Oversee a team of Pension Outsourcing staff responsible for delivery of projects
The Requirements
Bachelor’s degree or prior benefits administration experience required.
7 or more years’ experience in administration of defined benefit plans, preferably gained in a benefits consulting environment; experience in implementation of pension outsourcing processes a plus
Must have experience collaborating with other colleagues in different countries
Excellent written and verbal communication skills
Proven experience successfully managing multiple team projects simultaneously and producing quality deliverables on time and within budget
Experience mentoring and developing junior staff
Demonstrated success in managing client issues and relationships with some experience in growing relationships with current clients
Strong interpersonal and team skills
Flexibility and proven ability to diagnose and resolve issues; strong client service orientation
Proficient in Microsoft Office (Word, Excel and PowerPoint)
Ability to work independently and on client teams in a fast-paced environment
Sense of accountability; owning one’s work and taking pride in it
Self-motivated
Ability to travel and work extended hours as needed
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 base 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 $72,000 - $105,000 USD per year. This 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 Off (https://cdn-static.findly.com/wp-content/uploads/sites/1862/2023/01/31091722/Washington-State-Time-Off.pdf) (Washington State only)
Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
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.