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Early Careers: Retirement Actuarial Internship – Northeast – Summer 2024

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WTW

Oct 6, 2023

Applications are closed

  • Internship
    Full-time
    Off-cycle Internship
  • Banking & Finance
  • Boston, +1

Requirements

  • Progress towards a Bachelors or Master’s degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0 (Junior standing preferred; Sophomore considered with other relevant internship experience)
  • Successful completion of one or more actuarial exams highly preferred
  • Work experience that demonstrates strong technical and/or client service 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, particularly in Excel
  • Accepting applications from candidates that graduate with a Bachelor’s or Master’s degree between December 2023 through June 2025

Responsibilities

  • Designing, funding, pricing, and the implementation and management of retirement programs 
  • Preparing and assistance with the delivery of client presentations and communications 
  • Competitive benchmarking analysis of benefit plan designs  
  • Corporate restructuring and capital enhancement initiatives (demutualization, securitization, mergers & acquisitions) 
  • Forecasting future pension plan costs 
  • Performing annual pension (qualified and nonqualified) and post-retirement medical valuations for a variety of clients  
  • Assisting with completion of plan reporting and filing requirements  
  • Performing plan administrative tasks such as completing benefit calculations, reviewing plan documents and SPDs, and producing benefit statements  
  • Analyzing de-risking options for defined benefit plans (bulk lump sums, retiree annuity purchases, plan terminations) 

Application Process

  • Step 1: Online application, including resume/CV
  • Step 2: Online assessments and Video Interview
  • Step 3: Virtual Interview with business
  • Step 4: Offer and on-boarding

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At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help you sharpen your strategy, enhance organizational resilience, motivate your workforce and maximize performance.