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Global Services and Solutions (GSS) Graduate Programme – Consultant

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 39,000 employees in more than 120 territories. 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. Unlock your potential at Willis Towers Watson. 

The Role

The role of an analyst in the GSS is varied and challenging, encompassing a wide range of different types of work. We group our services into four main areas as follows:

Retirement

  • Accounting consolidation for employee benefit plans globally
  • Technical expertise on global risk management and investment including financial, cost and risk control solutions for retirement plans globally
  • Supporting clients with the management of defined contribution plans
  • Global Oversight, Governance and Strategy

Mergers and Acquisitions

  • Due diligence associated with cross-border mergers, acquisitions and divestitures
  • Post-merger integration support

Global Benefits Solutions (GBS)

  • Global broking or other benefits procurement activity
  • Co-sourcing of Global Benefits Management support to multinationals
  • Advisory services focusing on benefits strategy, benefits financing, benchmarking and inventory
  • Support on Health and Wellbeing strategies
  • Off-the-shelf solutions including Global Access, Benefits Marketplace
  • Support to clients expanding into new countries or markets

 Corporate Risk and Broking (CRB)

Supporting multinational organisations with the identification, quantification and mitigation of the risks facing their business, by connecting them to relevant expertise across our company

This role will entail supporting our multinational clients in the delivery of consulting services to the headquarters and coordination of local consulting services.  This role will involve:

  • Assisting the senior consultant on multiple country actuarial accounting projects under International, UK and US GAAP. This will generally include input on appropriate actuarial assumptions in each location, project management, review of submissions from local actuaries, consolidation of results with conversion in to the reporting currency and preparation of a report
  • Helping the senior consultant to manage plan valuations for accounting or funding purposes. Generally, the valuations will be carried out in one of our Willis Towers Watson processing centres using proprietary valuation software. Your role will be to issue instructions, project manage the process, resolve issues and review the end results
  • Performing or overseeing calculations of retirement and leaving service benefits under international retirement plans, including the determination of offsets from social security arrangements, termination indemnity arrangements, and other company-provided retirement programs around the world
  • Working with the senior consultant to deliver advice to multinational clients about the financing of their risk benefit programs, such as self-insurance, multinational pooling and employee benefit captive work – including feasibility studies, selection of providers, negotiations, implementation and ongoing support
  • Assisting on due diligence reviews in multiple locations for merger & acquisition purposes
  • Supporting the senior consultant and local country consultants to deliver advice to the headquarters of our multinational clients on employee benefit matters around the world. Such areas of advice would include benefit design, local compliance, local governance, provider selection and market positioning
  • Coordination and project management of multi-country projects such as global benefit benchmarking exercises, cost savings projects, governance processes, expatriate programs
  • Keeping abreast of changes in legislation, market practice or otherwise, to identify issues that clients should be addressing about, both in specific countries and in a wider macroeconomic sense
  • Supporting the use of Willis Towers Watson’s BenTrack, Benefits Data Source, BenVals and other tools to help clients to maximise the value from the information collected
  • Supporting on intellectual capital development, including research
  • Supporting new business pitches, e.g. drafting RFP responses

Looking to get involved in other areas such as Global Health & Wellbeing, Global Benefits Solutions (GBS), Defined Contribution

The Requirements:     

We are looking for candidates with:

  • 2:1 Degree in a numerate discipline and 300 UCAS points (across 3 'A' levels or equivalent), OR
  • 2:1 Degree in any discipline and 300 UCAS points (across 3 'A' levels or equivalent) including Maths at grade A or B.
  • Strong analytical and problem solving skills
  • An ability to think creatively in order to develop tailored solutions or advice to clients
  • A keen interest in the international employee benefits industry
  • Self-motivation and the ability to work effectively both independently and in teams, including remotely with colleagues in other countries
  • Strong project management and communication skills, specifically the ability to juggle several different projects concurrently and deliver on all of them
  • Flexibility in order to meet client deadlines when required
  • Strong desire to deliver to clients’ expectations of high quality results, consistently
  • Good relationship building skills in order to work effectively with colleagues in other teams, other offices and other countries, as well as outside third parties, when delivering to clients’ needs
  • Keen to learn
  • High energy individual looking for a dynamic, growth-oriented environment
  • Ability to use Microsoft Excel to manipulate and analyse data will be advantageous
  • A desire to work towards an actuarial or similar qualification
  • Proficiency in a second language is a plus but not required

Start date for the UK Graduate Programme will be the end of August 2017.

 

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