Willis Towers Watson
Early Careers: Actuarial Delivery Group Internship (University) – Detroit - 2024
Posted on Mar 1 Detroit, MI 585 views
Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Locations available/WTW Work Flex
Detroit: Fully remote/hybrid
WTW Work Flex:
At WTW, we see things differently. We understand flexibility is key to supporting an inclusive and diverse workforce and so we have a variety of different working arrangements which we call “WTW Work Flex”. We encourage colleagues and candidates to make requests for the types of flexible working arrangements that suit them. Visit our career site for more information: https://careers.wtwco.com/wtw-work-flex/The Company
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 clients sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves them.
Create a career that goes in the direction you choose. Get to know opportunity.
The Business
Join one of the fastest growing areas of our retirement business! The Actuarial Delivery Group (ADG) is a growing group of colleagues within the North American Retirement Line of Business who focus on operational excellence and systems expertise. As integrated members of client teams in a variety of offices, they provide high quality and efficient work for Defined Benefit, Defined Contribution and post-retirement welfare plans served by the Retirement teams. Work performed by ADG colleagues includes annual actuarial funding and accounting valuations, corporate reporting and disclosure, government forms and a wide range of special projects.
Explore an opportunity. As an intern within the ADG, you will contribute to a range of retirement valuation and special projects. You will have the opportunity to learn about various aspects of retirement plans and the typical actuarial work we do. You will employ the most cutting-edge tools and resources to complete required projects involving valuation data, government filings and pension benefit calculations. In addition, you will participate in our robust training program for interns and entry level full-time analysts. Actuarial credentials are not required for colleagues in the ADG, and as a result, ADG colleagues are not eligible for the exam program.
Love your work.
Partner with team members to support projects by:- Participating and actively engaging in training sessions
- Performing actuarial valuations and preparing valuation reports
- Performing data analysis and reconciliations of pension plan participant data
- Performing pension benefit calculations using established spreadsheets or our proprietary plan administration system
- Preparing government reporting forms and annual employee benefit statements
- Supporting special projects as ad-hoc needs arise
- Working with other colleagues to ensure that each project is completed on time and meets quality standards
- Responding to all requests and communications effectively and efficiently
About you.
- Current college student (at least sophomore) required, currently enrolled in a program with heavy quantitative emphasis. Some majors could include Actuarial Science, Mathematics, Statistics or Computer Science
- We are looking for candidates who are not interested in writing future actuarial exams
- Knowledge of Microsoft Office (Word, Excel and PowerPoint)
- Organized, detail-oriented, effective time management skills
- Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels
- Strong client delivery orientation
- Ability to work both independently and on client teams
- Ability to apply problem solving techniques in a business environment
- Able to work legally in the United States indefinitely and without Visa sponsorship
- Interns: Accepting applications from candidates that graduate with a Bachelor’s or Master’s degree between December 2024 through June 2025
The Application-Interview 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
Recruiting tips:
WTW specializes in preparing for the unknown. Here’s how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/
This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The hourly rate being offered for this role is $20.00 – $25.00 hr. USD. This role is also eligible for over-time.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
Retirement Benefits
: Contributory Pension Plan and Savings Plan (401k).
