About The Position
This internship offers an opportunity to work in pension outsourcing services, delivering high-quality services to clients. The company invests in learning and development for rapid career growth and fosters a diverse team environment where colleagues feel a strong sense of purpose and belonging. As a Pension Outsourcing Intern, you will perform recurring plan administration services and work assignments for clients’ defined benefit plans under supervision. You will also assist with project work and ad hoc client support services. The role involves partnering with team members to understand pension plan administration and design through various training methods, performing routine plan administration tasks like benefit calculations and data updates, and cooperating with other team members to complete tasks and special projects. You will learn and use Excellence tools for efficient output, adhere to plan documents and regulations, and actively participate in team meetings and training.
Requirements
- Current college student (at least a junior) required, preferably in a program with heavy emphasis on mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0.
- Solid mathematical and analytical skills.
- Work experience that demonstrates strong technical and/or client service (management) skills.
- 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.
- Accepting applications from candidates that plan to graduate with a bachelor’s or master’s degree between December 2027 through June 2028.
- Must be currently authorized to work in the United States and will not require sponsorship now or in the future.
- Student visas, CPT, OPT, H-1B, TN, and other temporary work authorizations are considered restricted forms of employment eligibility. Once these expire, the candidate must be able to present another valid form of work authorization.
Responsibilities
- Perform recurring plan administration services and work assignments for clients’ defined benefit plans under the supervision of senior team members.
- Assist with project work and other ad hoc client support services as requested.
- Gain a thorough understanding of pension plan administration and design through in-depth instructor led, self-study and on the job training opportunities.
- Perform with guidance from internal team members, routine and recurring plan administration tasks for clients’ defined benefit plans, e.g., benefit calculations, annual data updates, assist with preparation of benefit statements.
- Work cooperatively with other team members (WTW plan administrators, actuaries) to complete tasks and special projects and to ensure unified delivery of services.
- Learn and use Excellence tools and concepts to ensure efficient and quality output/service delivery.
- Adhere to plan documents and government regulations in administering plans.
- Actively participate in team meetings and training activities.
- Be accountable to team members.
Benefits
- Contributory Pension Plan and Savings Plan (401k).
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What This Job Offers
Job Type
Full-time
Career Level
Intern
