Associate - Work, Rewards, and Careers

WTWNew York, NY
19h$73,000 - $98,000Hybrid

About The Position

As an Associate, 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. Our projects range in scope from rewards (e.g., compensation benchmarking, base pay program, job leveling/job architecture, annual and long-term incentive program design, pay equity studies, pay-for-performance analyses) to career and talent management (e.g., competency and skills, performance management, organization and function design) to broad cross-LOB engagements such as support for M&A transactions, total rewards strategy and optimization. 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 executive and broad-based 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
  • 2 years of relevant work experience
  • Passion for solving problems and sharing solutions to exceed the standards of the client
  • Strong financial literacy is useful
  • 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

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 executive and broad-based 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

  • WTW provides a competitive benefit package which includes the following (eligibility requirements apply): Health and Welfare: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identity theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance, and other work/life resources.
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes 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 (only included for Washington roles)
  • Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.
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