AMUSE

Date: March 8, 2017

Time: 6:00PM - 7:00PM

Location: BLOC 220

Speaker: Thomas Mertink, Willis Towers Watson

Title: Actuarial Work at Willis Towers Watson

Abstract: 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. Among the many career opportunities that Willis Towers Watson presents, one of the most common job opportunities for math majors is the role of an Actuary. Actuaries at Willis Towers Watson use data analysis and analysis of market conditions to help clients project, understand, and manage future financial risks to the company. One of the major financial risks companies face is the cost of funding employee benefits, in particular, the cost of funding a pension plan. Companies are promising to pay their employees thousands of dollars in benefits up to 50 years into the future bringing lots of uncertainty to company’s balance sheets. We will provide some information about the role Actuarial Analysts at Willis Towers Watson play in helping our clients manage the financial risks imposed by their pension plans and show some examples of the math we use on a day to day basis to accomplish these tasks.