Towers Watson

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Towers Watson Jobs & Careers in Philadelphia, PA

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30+ days ago

Application Security Analyst

Towers Watson Philadelphia, PA

The Application Security Analyst is a critical role at Towers Watson as it will facilitate a strong foundation of application security as we grow and… Towers Watson


30+ days ago

Retirement Service Center Analyst

Towers Watson Philadelphia, PA

As an Analyst within the Actuarial Service Center, you will have the opportunity to enhance your core skills as well as your retirement plan… Towers Watson


27 days ago

Internal Audit Manager

Towers Watson Philadelphia, PA

• Prepare audit planning documents, audit procedures and final reports for review by the Americas Internal Audit Managers. • Perform and/or lead… Towers Watson


4 days ago

Consultant

Towers Watson Philadelphia, PA

• Manage client expectations and raise appropriate issues to Senior Consultants. • Develop diverse compensation structures… Towers Watson


30+ days ago

Actuarial Service Center Analyst

Towers Watson Philadelphia, PA

Client teams within Towers Watson are supported by a network of five actuarial service centers across North America. Given the size and complexity of… Towers Watson


30+ days ago

Corporate Staff Accountant

Towers Watson Philadelphia, PA

- Ad hoc accounting reporting requests The Requirements - Bachelor’s Degree in accounting or finance preferred - At least 2+ years experience in a… Towers Watson


18 days ago

Retirement Service Center Analyst (Univ

Towers Watson Philadelphia, PA

As an Analyst within the Actuarial Service Center, you will have the opportunity to enhance your core skills as well as your retirement plan… Towers Watson


30+ days ago

ADM Analyst

Towers Watson Philadelphia, PA

Our Health and Group Benefits (HGB) business helps large and mid-size clients control health and group benefits plan costs, improve health outcomes… Towers Watson


9 days ago

Security Management Client Support Specialist

Towers Watson Philadelphia, PA

This role falls within our Security Management practice. In support of Towers Watson’s mission to be the undisputed leader in our businesses… Towers Watson


30+ days ago

Health and Group Benefits Senior Consultant

Towers Watson Philadelphia, PA

Our Health and Group Benefits business helps large and mid-size clients control soaring health and welfare plan costs, improve health outcomes and… Towers Watson


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  • 4 people found this helpful  

    Pension Analyst/Administrator - Pension Administration Group (PAG)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Pension Analyst in Philadelphia, PA
    Current Employee - Pension Analyst in Philadelphia, PA

    I have been working at Towers Watson

    Pros

    Easy to get hired (most locations now focus on new hires who start as temps for 6 months or a year, which is great if you do not have experience, or they only hire those with a lot of experience in a rival company). The company is very flexible - you get 15 days of PTO from your date of hire and as long as you get your work done ahead of time, you can take them as needed. Also, the company recently changed their dress-code policy from business casual to allow you to wear jeans everyday if you wish (still under the business casual umbrella, though - clients do visit the offices and you should look put together). Also, working from home has not been an issue when I've needed to, but the company still likes you to be in the office on a regular basis.

    Cons

    Salary is much lower than the industry standard and negotiation of salary or requests for a raise are generally met with a "Nope". If you are a good, smart, hard-working employee, you generally get taken advantage of in terms of having to do a majority of the workload on teams, however, if you speak up about being overworked it's generally remedied pretty quickly. There is a billable hours requirement (which is standard for a majority of corporations), however, it is unattainable. For the lower level employees you are expected to have 1600 hours of BILLABLE time per fiscal year (ie., time the company can bill to a client for work you've done - if you don't have anything to do, you don't get billable hours). If you do the math on that 1600 hour goal, you need to get 6.7 hours of billable work per day MINIMUM, every single day of the week, WITHOUT taking account for holidays or PTO (or slow-periods within the company where your workload may be at a minimum, to no fault of the employee). In a nutshell, it is not an attainable goal for most people. Additionally, your billable hours goal is worth 70% of your yearly assessment and therefore greatly affects your promotion and salary increase possibilities. There is not a clear path of advancement and you are generally oblivious to what other departments do within the company (and therefore, you are not aware of the opportunities they may present to you). Finally, if you move voluntarily while employed for Towers Watson, do NOT expect a Cost of Living Adjustment to your salary.... even if you ask for it. The response will be "we didn't ask for you to move, you're not worth that to us".

    Advice to ManagementAdvice

    The CEO has been traveling all around the country for the last year (and will continue to do so in 2015) to introduce himself and "see what the people think" - the reality is that he gets to travel the country on the company's dime (including the travel expenses, meals, hotels, etc.) to pop into an office or two for a couple of hours where the employees aren't going to speak up about anything because nobody knows him on a day-to-day basis. I'm not saying that he is a bad guy in any way (I've never met the man), but this exercise is wasteful and futile. Reallocate those travel funds to pay your employees what they deserve - I guarantee your turn-over rate will decrease.

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