Work & Rewards - Associate Manager

WTW • Chicago, IL

8d • $85,000 - $115,000

About The Position

As an Associate Manager i n our Work, Rewards and Careers practice , you will work side-by-side with some of the industry’s top consultants while you develop cutting edge technical knowledge and skills and gain experience working with a variety of clients across industries. You will have immediate exposure to client assignments which will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions and present results. These experiences will help build your technical capabilities in the rewards and work disciplines, as well as client and project management skills. You will also benefit from more structured learning opportunities that are tailored to our business. Our projects range in scope from specific solutions to broad cross-LOB engagements, such as support for M&A transactions, total rewards strategy and optimization. We support clients across a range of WRC disciplines, including: Rewards: Rewards strategy Competitive compensation analyses Base salary program design Annual and sales incentive program design Job levelling and architecture Pay equity and pay fairness assessments Careers and Work Competency and skills frameworks Performance management Workforce analytics and planning Functional/organization structure design Career philosophy/strategy Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. The Role While every day and assignment are somewhat different, some of your main responsibilities will include: Partnering with consultants and clients to design strategies and rewards programs to attract, reward and retain talent Helping our clients ensure that their reward programs are competitive by performing competitive benchmarking analyses of compensation levels, program design and other rewards practices utilizing the range of WTW data, tools and processes Modeling pay structures and conducting financial impact analyses of alternative designs Developing, analyzing and calibrating incentive plan designs that help support companies’ business strategies Drafting reports and exhibits presenting the team’s analytical work to client audiences Performing industry and financial research Keeping abreast of legal, regulatory and legislative trends that relate to corporate governance and compensation Increasing efficiency within client teams by identifying ways to improve processes Contributing to sales and marketing efforts by assisting with proposals and other client-specific business development efforts Contributing to the external visibility of WTW’s brand through intellectual capital generation, drafting articles, and other contributions.

Requirements

• Bachelor’s Degree in business, economics, finance, mathematics, statistics or any other major with significant quantitative course work
• 3 years of relevant work experience
• 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

Nice To Haves

• Strong financial literacy is preferred

Responsibilities

• Partnering with consultants and clients to design strategies and rewards programs to attract, reward and retain talent
• Helping our clients ensure that their reward programs are competitive by performing competitive benchmarking analyses of compensation levels, program design and other rewards practices utilizing the range of WTW data, tools and processes
• Modeling pay structures and conducting financial impact analyses of alternative designs
• Developing, analyzing and calibrating incentive plan designs that help support companies’ business strategies
• Drafting reports and exhibits presenting the team’s analytical work to client audiences
• Performing industry and financial research
• Keeping abreast of legal, regulatory and legislative trends that relate to corporate governance and compensation
• Increasing efficiency within client teams by identifying ways to improve processes
• Contributing to sales and marketing efforts by assisting with proposals and other client-specific business development efforts
• Contributing to the external visibility of WTW’s brand through intellectual capital generation, drafting articles, and other contributions.

Benefits

• 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 ( Washington State only )
• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees