Retirement Actuarial Intern - Summer 2019

Willis Towers Watson - Stamford, CT3.8

TemporaryEstimated: $81,000 - $110,000 a year
EducationSkillsBenefits
Create your future. Our consultants develop new solutions to provide retirement security to a globally aging society. Join our Retirement consulting team in providing expertise in retirement and investment consulting to support global organizations in optimizing 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. Our team enhances participants’ knowledge of their retirement benefits and the meaning of financial independence. You will also learn about all the services that Willis Towers Watson offers their clients and how they complement and enhance our retirement consulting practice.
Explore an opportunity. Gain direct exposure to real client assignments which will draw on your imagination and creativity as well as your ability to analyze data, solve problems, develop solutions, and share your brilliant results. In this role, you’ll experience a balance of expanding your technical and industry knowledge and developing your problem solving and communications skills, while benefiting from working in a close-knit and supportive team environment.

Accepted applicants will be eligible for a comprehensive actuarial exam study program, including paid study hours and exam coaching to assist in attaining an accredited actuarial designation.

Love your work. You will partner with consultants to provide technical actuarial and consulting support on a variety of projects that will strengthen the following skills:

General Business Skills
  • Knowledge of capital markets and how they affect retirement programs
  • Sales planning and influence
  • Executive presence and business acumen
  • Preparing and assisting with the delivery of client presentations and communications
  • Communication of technical concepts to a non-technical audience
Retirement Consulting Skills
  • Designing, funding, pricing, and the implementation and management of retirement programs
  • Competitive benchmarking analysis of benefit plan designs
  • Actuarial modelling, including annual valuations, forecasting and review of assumptions
  • Assessment of retirement needs and resources, including programs such as 401(k), Health Savings Accounts, Social Security and defined benefit pensions
  • Application of U.S. rules to support plan compliance
About you.
Progress towards 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 (Junior standing preferred; Sophomore considered with other relevant internship experience)
Successful completion of one or more actuarial exams highly preferred