Retirement Actuarial Trainee Consultant Internship - Reigate

Job Details

Retirement Actuarial Trainee Consultant Internship - Reigate

With roots dating to 1828, WTW has 46,000 employees serving more than 140 countries.

WTW is the leading provider of retirement consulting and actuarial services to today’s global organisations, providing actuarial services to more of the world’s top 300 pension funds than any other company. In the UK and Europe, we are the undisputed leader, advising 93 of the FTSE 100 companies. We also advise small and mid-sized schemes, with the range of clients providing our colleagues with a broad range of opportunities. Our enviable client list covers a very wide range of companies including household names, financial institutions, and charities.

We partner with clients around the globe to determine the best approaches to pension scheme design, funding, governance, administration, and communication.

What does the Retirement team do?

The Retirement team works with trustees and sponsors of occupational pension schemes. We advise on both defined contribution (“DC”) and defined benefit (“DB”) schemes: our intern vacancies are within the DB team. The DB team helps our clients with all aspects of managing a pension scheme, from regular triennial valuation work, to cutting edge risk-reduction and scheme design projects. We often work closely with our colleagues in other teams, such as DC, investment, communications and administration, to provide joined-up advice to our clients. 

We work in partnership with our clients to help them to manage the potentially substantial risks involved with retirement benefit provision and to ensure that their benefits meet the needs of all stakeholders. 

As part of this team, you will have the opportunity to work alongside some of the leading figures in the pensions industry and our unequalled client base provides boundless opportunities for creativity and innovation.   

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

The opportunities and support available

Our Intern Programme is designed for penultimate year university students. It is currently expected that the duration of the internship will be 8 weeks.

We operate a hybrid working environment (i.e. a mixture of working in the office and at home). In order to get the most out of the Intern Programme at WTW, you will be expected to come into the office at least three days each week. In addition to scheduled in-office training and meetings about projects and client work, this will give you the opportunity to learn from your more experienced colleagues, as well as getting to know your fellow interns. 

An internship at WTW will give you valuable real-world experience. It will enable you to apply your education in an environment that is both intellectually challenging and rewarding. At the end of your time with us, you will have a greater understanding of what we do and how closely our career offerings match your career ambitions. 

This is the perfect opportunity to understand what you could expect if you joined our trainee consultant programme the following year, and many of our interns return as permanent team members following graduation. 

As an intern in the Retirement team, you’ll need good numerical and communication skills, the ability to plan work effectively and a strong desire to solve challenging, technical problems. You’ll develop consulting skills so that you can help clients understand and manage their pension risks. 

Trainee consultants and interns at WTW benefit from all the resources and opportunities that a large company can provide, but this doesn’t come at the cost of individuality. You will have the opportunity to work alongside some of the leading figures in the pensions industry and also to be recognised for your personal contribution.

Our community 

Regardless of which of our offices you join, you’ll be part of the bigger WTW community, and will be able to contribute to our fundraising and community activities, our inclusion and diversity networks as well as our sporting and social groups. We are committed to cultivating an inclusive work environment, enriched by our people, our clients, and the communities in which we work and live. 

Learning and Development 

We provide continuous professional development to all of our colleagues. For interns specifically, we provide: 

• An induction process where you can learn what our business does, what resources are available, and who the other new interns are.
• On-the-job experiences allowing you to see the immediate impact of your work.
• Opportunities to work on a diverse range of projects with experienced professionals.

Requirements 

• Predicted 2:1 degree in a numerate discipline OR Predicted 2:1 degree including A-Level Maths grade A/B or equivalent qualifications 
• Penultimate year students

Start date for the UK Internship Programme will be the beginning of July 2025. 

Closing Date: 30th September 2024

WTW is an equal opportunity employer 

WTW believes that effectively managing a diverse workforce is vital to our business strategy. We have an obligation to our organisation, ourselves and our clients to hire and develop the best people we can find. We will continually review our policies and practices to ensure that all areas of the employment process (including recruiting, hiring, work assignments, compensation, benefits, promotions, transfers, company-sponsored development programs and overall workplace experience) are free from discriminatory practices. We are committed to equal employment opportunities at WTW. 

The longer term benefits of working at WTW

WTW offers a variety of benefits to support your physical, emotional and financial wellbeing, as well as help you develop in your career, and balance your life inside and outside of work. Among other things, these include a competitive pay and flexible benefits package (which includes options such as private medical insurance and life insurance), flexible working policies, a broad range of leave policies, and a programme of learning and development opportunities. 

About WTW

At WTW, our purpose is to transform tomorrows. We provide data-driven, insight-led solutions in the areas of people, risk and capital to propel the world’s leading businesses forward.

When you join an early careers program at WTW, you’re empowered to develop your skills and make a difference by applying your unique perspective. We fuse our passion, intelligence and imagination to make real impact – confident that behind everyone one of us is all of us.

Difference makers

Begin your career with WTW where every step is an opportunity. Join a company with global scale and diverse perspective where you can deepen our collective insight, set the bar high and succeed your way. Whichever early careers program you join, you’ll go into a role with real responsibilities, exposure to client assignments and the opportunity to build up valuable experience. With WTW behind you, you’ll learn and develop the skills to succeed in your chosen role.

Where you means all of us

We’re proud of our culture and commited to making a real impact for our clients and colleagues. That’s why we constantly challenge ourselves to grow our inclusive culture and create a place where we’re bolder together. Our inclusion networks help us to live our values and our defined inclusion and diversity commitments improve and measure our progress. For you, this means joining a company where you can bring your whole self to work.

Your future in sharp focus

We leverage the global view and local expertise of our 44,000 colleagues serving 140 countries and markets to transform tomorrows. At WTW, you’ll tackle challenges with the help of a diverse, expert global team and identify strategic solutions that move us – and the world’s most powerful organizations – forward.

WTW is proud to be a disability confident employer. We work with MyPlus who support the 15% of disabled students and graduates applying for jobs, internships and placements.

How to Apply

• Online application, including CV. 
• Invitation to complete online assessment and a video interview.
• Virtual assessment centre – this is an opportunity for you to meet with members of the team and for the team to understand your strengths, preferences, and motivations. The assessment will take place virtually, and there will be an opportunity for you to ask questions. 
• Offer and acceptance. 
• Keeping in touch including office visit and invites to social events where you will be able to meet some of your future colleagues. 
• On-boarding. 

To apply for this role and to find out more, please click on the apply button.