Retirement Consultant - Experienced

Associates in this job will use analytical and communication skills to help clients with the design, financing, and administration of retirement (and other) benefit plans.

Specific Accountabilities
 Manages routine projects, with modest to significant oversight from a more experienced consultant.
 Serves as key member of team for large targeted clients, strong second on large annuity clients, or day-to-day lead on smaller clients
 Calculates contributions necessary to fund defined benefit pension plans
 Calculates annual accounting expenses necessary for post retirement and termination benefits
 Prepares meeting materials and has role in most meetings
 Limited leverage through coaching and training newer consultants
 Can work collaboratively with consultants from other lines of business
 Project manages less experienced team members on valuations or other complex/longer term projects and insures quality by reviewing work product and applying technical expertise (through researching, understanding, and interpretation)
 Viewed by clients as a valued member of the team, but possibly not as the lead for strategy or design; however, clients are comfortable asking this associate broad questions

Deliverables and Performance Measures
 Client and billable time (at individual level)
 Feedback from peers, clients, and associates who report to/work with this associate
 Financial results (e.g. billability, productivity) of associates in his/her workgroup, if applicable
 Success and financial results of client engagement (e.g. client profitability and client satisfaction)

Conditions
Minimum travel required
REQUIREMENTS
Education/ Certifications/ Work Experience Required
 Academic background in Actuarial Science, Mathematics, Economics or Statistics (or other related degree)
 Generally post exams  Fully Qualified Actuary (US: FSA or EA; UK: FIA or FFA; Canada: FCIA)
 Generally 5+ years of related work experience, preferably in a consulting field

Knowledge Base Required
Actuarial

Technical Competencies/Skills Required
 Manages all aspects of actuarial valuations
 With direct assistance from more experienced consultant, assists with plan design strategy, mergers/spinoffs/acquisition strategies, negotiations, accounting, window design/strategy etc.
 Possesses deep understanding of regulatory and legislative rules
 Uses RFM delivery models, tools and resources
 Understands plan documentation and relevant legal and regulatory requirements
 Certifies individual benefit calculations, liaising with administrators/TBA when appropriate

Competencies
Business Acumen
Client Knowledge, Responsiveness & Relationships
Communication
Numeracy, Programming & Computing Skills
Problem Solving & Decision Making
Project Management
Working with Others


Hewitt Associates is a global outsourcing and consulting firm delivering a complete range of human capital management services to companies, including HR & Benefits Outsourcing, Payroll, Health Management, Retirement & Financial Management, and Talent & Organization Consulting.

Our associates have been instrumental in developing innovative solutions that have helped our clients become some of the most successful companies in the world. Today, our client roster includes more than half of Fortune 500 companies and more than a third of Fortune Global 500 companies.