Pension Benefits Internship - University

Willis Towers Watson Minneapolis , MN 55415

Posted 2 months ago

Create a career that goes in the direction you choose. Get to know opportunity.

The Business

Create your future. The complexity, costs and risks associated with employee benefits pose an increasing threat to business performance. An enterprise-wide strategy for managing benefits gives our clients the framework to develop programs that work in concert to help attract and retain top talent in a cost-effective manner so they can offer benefits that give them a competitive edge while meeting the needs of their employees.

Our Retirement team provides expertise in retirement and investment consulting to support organizations worldwide in designing, managing, administering and communicating all types of retirement plans.

Explore an opportunity. In this Pension Administration Group role, you will perform recurring plan administration services and work assignments for clients' defined benefit plans under the supervision of senior analysts and will assist with project work and other ad hoc client support services as requested.

Love your work. You will partner with team members on the following objectives:

  • Perform with guidance from internal clients, 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 (Towers Watson plan administrators, actuaries ) to complete tasks and to ensure unified delivery of services

  • Gain a thorough understanding of the plan design ( e.g., coverage levels, and options, eligibility, enrollment/change, termination procedures)

  • Follow and update documentation materials as directed

  • Maintain complete and accurate work papers and audit trails

  • Learn and use Professional Excellence tools and concepts to ensure efficient and quality output/service delivery, e.g., do, check, review

  • Serve as a contact with clients' human resources personnel

  • Adhere to plan documents and government regulations in administering plans

  • Actively participate in team meetings and training activities

  • Be accountable to team members for agreements and promises

The Requirements

Current college student (at least sophomore) required, preferably in a program with heavy emphasis on mathematics, statistics or 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 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

At this time we will only accept candidates that are presently eligible to work in the United States and will not require sponsorship now or in the future.

Willis Towers Watson is an equal opportunity employer

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability. Equal Employment Opportunity: Know your rights.

Unsolicited Contact: Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer.


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Pension Benefits Internship - University

Willis Towers Watson