Early Careers: Pension Outsourcing Benefits Internship

1 month ago

Detroit, United States WTW Full time

Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

We trust our colleagues to work in a variety of settings. This role will be hybrid which requires a mix of remote and in-office working, depending on the work activities for the day. It is expected that you are within a commutable distance to one of our Pension Outsourcing office locations (Dallas, Denver, Detroit, Minneapolis or Philadelphia).

Do you want an internship working for the best in the market delivering high quality pension outsourcing services? Are you looking for a company that will invest in your learning and development, preparing you for rapid career growth? Do you want to be part of a diverse team where our colleague experience has been designed to foster a strong sense of purpose and belonging, where everyone is heard and valued, and can be their authentic self? Look no is the place for you

The Role

As a Pension Outsourcing Intern you will perform recurring plan administration services and work assignments for clients’ defined benefit plans under the supervision of senior team members and will assist with project work and other ad hoc client support services as requested.

You will partner with team members on the following objectives:

  • 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

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 2024 through June 2025

Locations:

Dallas, Texas; Denver, Colorado; Detroit, Michigan; Minneapolis, Minnesota or Philadelphia, Pennsylvania.

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

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 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 compensation being offered for this role is $20-$22/hour USD. This role is eligible for overtime.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

Retirement Benefits: Contributory Pension Plan and Savings Plan (401k)

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

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