Job Title

Benefits Analyst

Practice

Benefits and Actuarial Consulting Services

Segment

Benefits

Reporting  to

LOB

Benefits

Level

The Company

Towers Watson is a leading global professional services company that helps organisations improve performance through effective people, financial and risk management.  With 14,000 associates around the world, we offer solutions in the areas of employee benefit programs, talent and reward programs, and risk and capital management.

The Business

Companies in China are rapidly developing their employee benefits programs as part of the total rewards package.  Given the pace of change of China’s economic development this is definitely one of the world’s most exciting markets in which to build a benefits consulting business.

Towers Watson benefit consultants have deep experience working with organisations of all types and sizes. We’ve worked closely with clients to develop some of the most advanced benefit design techniques currently in use.  We combine expertise in benefits consulting to support organisations worldwide in designing, managing, administering and communicating all types of benefits plans.

To capture the growth opportunities in China, in particular the tremendous potential in the employee benefits market, we are looking for Benefits Analysts to be based in our Beijing Office.

Catch this opportunity to be part of a success story of a winning team!

The Role

The Benefits Analyst positions offer great opportunity for professional development and competency growth.You will work beside some of the industry’s top consultants while you develop cutting edge technical knowledge and skills.  

Performance Objectives

People

n  Build relationships internally and collaborate effectively on cross-functional teams.

n  Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels.

Clients

n  Partner with consultants to provide support on client projects involving the design, actuarial valuation,accounting, implementation and management of a full array of benefit programs. e.g. M & A actuarial consulting and due diligence, Enterprise Annuity, retention plan, flexible benefits plan, group medical, etc.

n  Participate in projects that help our clients assess and manage their benefit program risks.

n  Perform actuarial valuations in accordance with relevant accounting standards, including data analysis,support assumption setting, modelling and producing the client report.

n  Assist with benefit scheme administration, ensuring service levels are met.

Financial

n  Meet revenue and billable hour goals

n  Efficient time management

n  Assist with sales and marketing efforts by supporting consultants to draft proposals

n  Maintain complete, accurate work papers and documentation, as well as audit trail

Excellence

n  Perform data mining, data checking and data analysis

n  Conduct research, data analysis and finding information

n  Develop deep technical knowledge and analytical skills

n  Contribute to the development of new tools and approaches

n  Strong work ethic, strong initiative, and ability to either work independently or work with a team

n  Adhere to all internal practice standards

Study support will be provided for sitting actuarial examinations (SOA, IOA, FOA or IOAA).

The Requirements

n  Bachelor’s degree in Actuarial Science, Finance, Mathematics, Statistics, HR, Management or Business related fields

n  Previous working or long-term internship experiences STRONGLY preferred

n  Strong analytical skills, problem solving skills, customer focus, attention to details and sensitive to numbers

n  Able to work independently and contribute effectively as a team-player

n  Strong analytical skills and attention to details

n  Demonstrate commitment to being creative, innovative, flexible and adaptable, focusing on quality solutions, continually improving and being a winner

n  Committed to long-term development with flexibility to handle multiple tasks and tight timelines

n  Strong computer and desktop research skills using business related applications, e.g. MS-Office (Word, Excel, Access PowerPoint), etc

n  Outstanding oral and written communication skills

n  Outstanding bilingual capabilities in Chinese and English