Pension Benefits Internship (University)
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.
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
□ 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