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Global Benefits Actuarial Consultant

4 months ago

London, UK, United Kingdom WTW Full time
Great opportunity to join our market-leading Integrated and Global Solutions (IGS) Practise based out of our London office as a Global Benefits Actuarial Consultant – part qualified /newly qualified. Our mission is to advise multinational companies’ headquarters on all aspects of pensions and 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 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, this role includes:
  • Coordinating and delivering global pensions accounting consolidation projects under internationally recognized financial reporting standards and advising multinational clients in relation to these accounting requirements (typically IAS19 and ASC 715). 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.
  • Coordinating WTW client teams to deliver to clients, often by acting as the project manager and as the key resource for the junior colleagues on the team, as well as the main support for the lead consultant.
Our work style: 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. You can also benefit from flexible working opportunities, such as part-time working, and will have control over your work-life balance.The Requirements
  • Part qualified/newly qualified actuary with strong evidence of working with clients to prepare IFRS and/or US GAAP pensions accounting disclosures.
  • 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, reflecting modern ways of working.
  • A positive and friendly approach to work.
  • A keen desire to learn and, over time, to contribute ideas to evolve our offering and efficiency initiatives.
  • Excellent interpersonal and communication skills.
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity