Pension Risk Management and Settlement Strategy Consultant

WTW•Clayton, MO

About The Position

Do you want to be part of a market leading, strategic team focused on innovation and excellence? Our Retirement Risk Management team combines expertise in DB plan management and investment consulting to support pension plan sponsors in identifying and evaluating opportunities to manage pension-related costs and associated risks. We support our clients by exploring funding, pension risk transfer and investment approaches, developing solutions that best fit their specific goals and constraints. Our innovative thinking consistently generates new consulting opportunities. In this exciting role, you will have the opportunity to support diverse projects related to pension risk transfer, funding strategy, and other special projects requiring settlement and financial management expertise. You will also: Provide value-added consulting expertise on settlement strategy (including lump sum, annuity purchase, and plan termination feasibility) and other special projects involving settlement and financial management expertise Understand capital market environment and outlook, and how they impact pension plan financials Serve as a resource on recent pension risk transfer market developments Support presentations of complex consulting information to senior-level internal and client audiences, including studies involving investment consulting and multi-year funding strategy Lead multi-phase projects, driving project planning, management of client financials and delegation to multiple associates Develop a trusted advisor relationship with client contacts, lead retirement consultants and Retirement Risk Management consultants through effective communication and efficient, quality execution of projects Support the generation of new business by promoting client engagement with WTW as a partner for pension risk transfer transactions Develop statements of work, project plans and budgets for broad range of studies Perform technical review of work products, including consulting-level insights on settlement financial analysis Contribute to the development of new tools and approaches Serve as mentor to junior project team associates Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Requirements

Pension plan management expertise
Investment consulting expertise
Expertise in identifying and evaluating opportunities to manage pension-related costs and associated risks
Experience exploring funding, pension risk transfer and investment approaches
Ability to develop solutions that best fit client goals and constraints
Experience with settlement strategy (including lump sum, annuity purchase, and plan termination feasibility)
Understanding of capital market environment and outlook, and their impact on pension plan financials
Knowledge of recent pension risk transfer market developments
Experience presenting complex consulting information to senior-level internal and client audiences
Experience with studies involving investment consulting and multi-year funding strategy
Experience leading multi-phase projects, including project planning, management of client financials, and delegation
Ability to develop trusted advisor relationships through effective communication and efficient, quality execution
Experience supporting new business generation
Experience developing statements of work, project plans, and budgets
Experience performing technical review of work products, including consulting-level insights on settlement financial analysis
Experience contributing to the development of new tools and approaches
Experience mentoring junior project team associates

Responsibilities

Provide value-added consulting expertise on settlement strategy (including lump sum, annuity purchase, and plan termination feasibility) and other special projects involving settlement and financial management expertise
Understand capital market environment and outlook, and how they impact pension plan financials
Serve as a resource on recent pension risk transfer market developments
Support presentations of complex consulting information to senior-level internal and client audiences, including studies involving investment consulting and multi-year funding strategy
Lead multi-phase projects, driving project planning, management of client financials and delegation to multiple associates
Develop a trusted advisor relationship with client contacts, lead retirement consultants and Retirement Risk Management consultants through effective communication and efficient, quality execution of projects
Support the generation of new business by promoting client engagement with WTW as a partner for pension risk transfer transactions
Develop statements of work, project plans and budgets for broad range of studies
Perform technical review of work products, including consulting-level insights on settlement financial analysis
Contribute to the development of new tools and approaches
Serve as mentor to junior project team associates