Employee Benefits Project Manager

Profile

The Employee Benefits Project Manager specializes in employee benefits analysis for the Willis Towers Watson M&A Group. The

M&A Group provides due diligence services for private equity firms, evaluating the costs, liabilities and exposures of potential acquisitions, which are sourced by M&A Group Producers. This position leads the entire employee benefits due diligence process from initial engagement through deal close, creating the diligence report and delivering the report to our private equity clients.

The Role

Responsibilities:


Creation of due diligence report using M&A Group standard format
Management of all aspects of employee benefits due diligence
Detailed analysis and commentary on employee benefit programs of target acquisitions, focusing on:

Quantification and validation of Seller’s current plan cost representation
Projection of post-closing future plan cost
Illustration of plan enhancement and cost savings opportunities
Review of compliance issues and exposures, with suggested remedies
Examination of Purchase & Sale Agreement
Advice on Transitional Services Agreement and assignment of risk

Engage with private equity firm and its advisors as well as the target company’s HR and Finance teams
Coordinate data acquisition to gather employee benefits data
Communicate with parallel diligence teams International and Property & Casualty as needed
Assessment and analysis of plan documents, financial data, communications and government filings
Creation of detailed financial reports
Apprise Producers and private equity firms of potential issues or concerns found in diligence process
Partner with Producers to assist in securing broker of record assignment for Willis Towers Watson post-closing


Growth Opportunity

Develop differentiated analytical and technical employee benefits analysis and reporting skills

Exposure and communication to multiple constituencies

Immersion in M&A Group to learn due diligence skills and mechanics of private equity investments

Role progression leads to ancillary project opportunities or specializations

Travel

Air travel may be required (typically up to 6 trips per year; usually day trips or one night stay)

The Requirements

Knowledge, Skills and Abilities:


BS/BA Degree required
Seven or more years of employee benefit brokerage experience
Three to five years of insurance industry experience related to servicing mid-size accounts
Experience in M&A / private equity is a plus, but not required
Comprehensive knowledge of insurance products and concepts, specifically include the following:

All health & welfare benefit plans: Medical, Dental, Life, LTD, STD, Vision
Underwriting and plan funding strategies
Consumer-driven healthcare, wellness, disease management, and current trends and carrier products
Regulatory environment of employee benefits plans, PPACA, ERISA, HIPAA
Knowledge of 401(k) retirement plans is preferred but not required

Critical skill set includes:

Excellent organizations skills are required – the Project Manager will typically have 6 – 10 open deals at any time
Ability to conduct critical analysis of employee benefit plans with limited data under tight timeframes
Strong verbal and written communication skills, including ability to communicate complex topics and concepts concisely
Capacity to work in a fast-paced environment juggling multiple priorities
Computer skills which include intermediate proficiency with Microsoft Word, Excel and Power Point, as well as navigation of the Internet


The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com. at ****
Willis Towers Watson is an equal opportunity employer

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

Equal Employment Opportunity: Know your rights. at https:// https//cdn-static.findly.com/wp-content/uploads/sites/478/2019/03/Equal-Opportunity-is-the-Law-Poster-Supplement.pdf

Unsolicited Contact: Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by **MEMBERS ONLY**SIGN UP NOW***. Willis Towers Watson is an equal opportunity employer.

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