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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. 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.
The Business
The greatest asset of most organisations is their people. In an era of rapidly-developing technology, greater workforce mobility and increasing customer demands, having a cohesive human capital strategy is crucial for business success.
In our Work & Reward business*, we help clients deliver strong business results by ensuring that they have the right people in the right places, doing the right things, at the right cost. Through a combination of advice, data and software, we deliver solutions that help organisations improve their business performance through their people.
We know that high-performing businesses cultivate and grow talent, carefully balancing costs and rewards. From job architecture to executive compensation, we take a rounded perspective, based on leading-edge thinking, data, analytics and software, unearthing new ways to attract, engage and retain talent.
Our human capital clients are varied – we advise organisations across all industries, from financial services to retail, telecommunications and energy. In the UK, we advise many of the world’s leading and largest companies and often interact with our offices around the world to provide a truly global service offering. We provide invaluable advice to companies at some of the most exciting and critical moments in their lifecycle, at times when employee engagement and retention is crucial – from mergers and acquisitions to listing on the stock market.
Our Executive Compensation and Board Advisory consultants work with boards of directors, remuneration committees and management teams to get all elements of executive level pay right.
If you are interested in this position, you may also want to consider the Work & Reward Consulting Graduate Programme or the Global Financial Services Consulting Graduate Programme.
- Our Work & Reward colleagues focus on providing strategy, design and delivery support to help our clients reward their people who sit below the Board appropriately and fairly.
- Our Global Financial Services team focuses on providing compensation and reward expertise, world-class compensation studies, data analytics and integrated solutions to premier financial services firms, ranging from all the major universal banks to niche financial services firms.
The Role
As an Executive Compensation and Board Advisory graduate, you will work as part of a team on a wide variety of complex projects, serving as a key analyst on each project team. You will be encouraged to develop as broad an understanding of Executive Compensation and Board Advisory solutions as possible by supporting across multiple, complex projects. You will have immediate exposure to real client assignments, which will draw on your analytical and critical thinking skills, as well as your ability to use initiative, apply independent thought, draw conclusions and present findings. These experiences will help build your technical knowledge in the area of Executive Compensation and Board Advisory and broader commercial acumen through “on-the-job” learning and a structured graduate training programme. As you grow and gain more expertise, you will become a key contact for the client and gradually begin to take responsibility for deliverables and client relationships across a range of sectors and geographies. You will work alongside some of the industry’s top consultants on cross-industry client projects, including many household names: FTSE 100 and 250 clients, privately-held companies and public service organisations.
Typical work for an Executive Compensation and Board Advisory Analyst might include:
- Conducting reviews of executive pay to ensure that quantum is competitive and that the chosen approach attracts, retains and incentivises the top talent in an organisation to deliver the business strategy and return value to shareholders.
- Developing pay philosophy and undertaking pay-for-performance analysis for executive talent.
- Providing Board level support to the Remuneration Committee who are responsible for making decisions on executive remuneration policy and pay.
- Assisting clients with Directors’ Remuneration Report drafting (the part of a company’s Annual Report dedicated to explaining executive pay related decisions and outcomes)
- Designing, modelling and implementing short and long-term incentive plans
- Keeping clients up to date with corporate governance, regulatory reviews and trends updates.
- Providing clients with market benchmarking on a number of pay elements including base pay, executive benefits, short and long-term incentive plans and total reward.
You are required to have good problem-solving and analytical skills, as well as excellent communication skills, as you will be interacting with clients from the very beginning.
Qualifications and Training
We have a focussed 12-month training programme for graduates, which is called LEAP. LEAP is designed to give you an insight into our business, and help you develop the consulting, practical and technical skills you need to succeed at Willis Towers Watson.
We continue to invest in our people and you will have regular opportunities for training throughout your career with us – both on the job and through more formal classroom sessions. Consultants are not required to have a particular qualification; therefore, the wide variety of external qualifications we do support are determined by the needs of the business and the individual’s interests.
The Requirements
- Minimum 2:1 degree in any discipline
Willis Towers Watson is an equal opportunity employer
Willis Towers Watson 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 Willis Towers Watson.
Why work at Willis Towers Watson?
Willis Towers Watson 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 flexible working arrangements, shared parental leave, a range of Learning & Development (L&D) opportunities and a competitive pay and benefits package (which includes Private Medical Insurance and Life Insurance).
Start date for the UK Graduate Programme will be September 2022 (flexibility of start date depending on business requirements)
