Director, Defined Contribution Strategy
Director, Defined Contribution Strategy
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$ 180000 - 210000
1 Vacancy
Job Description
Our Retirement team combines expertise in retirement actuarial and compliance consulting to support global organizations worldwide in designing managing administering and communicating all types of retirement plans. Whether a client has a defined benefit pension a defined contribution plan and/or a nonqualified plan we collaborate with the organization to determine the right approach to design funding investing governing and employee engagement that fits their specific goals.
The Defined Contribution (DC) Strategy Team is part of WTWs Client Solutions group within WTWs Retirement business. The DC Strategy Team is comprised of a group of colleagues with complementary skill sets that can be deployedto meetthe range of client needs and business objectives (e.g. industry expertise geographyspecific DC expertise client connection Lead Retirement Consultant buy-in etc.). The DC Strategy Teams charter is to expand WTWs DC footprint and enhance brand and market impact by identifying and commercializing key DC Client Solutions through partnership with Lead Retirement Consultants (LRCs) to identify and engage in revenue generating discussions and outcomes.
DC Strategy Team Role
As a member of the DC Strategy Team you will serve as a subject matter expert (SME) specific to defined contribution opportunities and in collaboration with LRCs provide support and strategy to develop new business and deliver on strategic client engagements for our clients. Specific responsibilities of the role include:
- Articulating the WTW DC valueproposition internally and externally
- Driving significantDC revenue growth that ismeasurable and repeatable through LRC partnership
- Partnering with LRCs to expand their DC knowledge to strengthen partnerships and identify and engagein DC opportunities and revenue generating discussions
- Articulating and demonstrating DC knowledge and solutions to support strategy discussions with LRCs
- Collaborating with Retirement Business Leaders and Office Business Leaders to execute DC consulting business strategy in the local and regional markets
- Deploying into multiple clients as the DC SME based on the customized needs of the client and client team
- Collaborating withLifeSightPEP stakeholders adjacent Client Solutions (e.g. Financial Resilience Nonqualified Plans Governance & Compliance) and key non-Retirement businesses (e.g. Investments etc.) to share experiences ideas and identify new and emerging opportunities
- Leveraging experience in external marketplace including work with external DC vendors to facilitate knowledge sharing and expand DC Strategy Team expertise
- Coordinating with LRC/client team to develop and present high quality client deliverables
Qualifications
The Requirements
- 12 years consulting in DC space
- Executive presence with polished and well-developed written/oral communication skills
- Specialized defined contribution market and ERISA/DOL/IRS knowledge
- Organized proactive and focused leader
- Creative problem solver who overcomes challenges
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 base salary compensation range being offered for this role is $180000 to $210000 USD per year.
The role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
- Health and Welfare Benefits: Medical (including prescription coverage) Dental Vision Health Savings Account Commuter Account Health Care and Dependent Care Flexible Spending Accounts Group Accident Group Critical Illness Life Insurance AD&D Group Legal Identify Theft Protection Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
- Leave Benefits: Paid Holidays Annual Paid Time Off (includes paid state/local paid leave where required) Short-Term Disability Long-Term Disability Other Leaves (e.g. Bereavement FMLA ADA Jury Duty Military Leave and Parental and Adoption Leave) Paid Time Off
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers we will consider for employment qualified applicants with arrest and conviction records.
EOE including disability/vets
Required Experience:
Director
Employment Type
Full-Time
