General Insurance Article - Willis Towers Watson complete acquisition of actuarial team

 Willis Towers Watson’s Retirement team has significantly expanded with the arrival of 22 consultants based in Sydney and Melbourne. Between them, the consultants bring more than 50 clients across the gamut of sectors – corporate, government, master trust and industry funds.

 Brad Jeffrey, Head of Willis Towers Watson’s Retirement business in Australasia, said the new team members provide a wider and deeper range of expertise and experience. “Our acquisition of the Russell Investments actuarial team is evidence of our commitment to, and willingness to invest in actuarial services,” said Jeffrey.

 He commented the new team members represent an exciting time for the Retirement team: “Our new consultants bring new points of view and skill sets in both traditional actuarial work and analytic solutions. We’re also looking forward to sharing many of our ideas and solutions with their clients, including our approaches to assessing retirement adequacy, undertaking innovative modelling, communicating with members and producing retirement income estimates for members, including our new web-based calculation engine and our range of other technology-based tools.”

 Willis Towers Watson has been providing actuarial services in Australia for 35 years. Jeffrey said the integration of the new consultants into the team is expected to be seamless. “Our new colleagues are highly experienced and I am confident that culturally, as well as technically, we will quickly bond as a team and continue to deliver excellent services for our expanded client base in both traditional and new retirement solutions.”