Towers Watson helps it’s clients improve their performance through looking at risk, people and financial management. Founded in New York in 1865, the firm has grown to over 15,000 consultants with offices in 37 countries and has been recognised as one of the world’s most admired companies by Fortune magazine every year since 2012. Ranked 41st in the Top 100 Larger Intake Firms to Work for in 2015/2016 and 3rd in the top larger intake consulting firms, Towers Watson is rated an average of 4/5 by employees, scoring particularly well on training (4.5), colleagues (4.5) and environmental awareness (4.2). 

The average graduate salary is £29,000 – £31,000, with some graduates explaining that there are salary increases associated with examination performance and a 5% annual bonus. Average working hours are 9am – 6pm, with a retirement consultant explaining that ‘Generally the hours are good, however you need to be prepared to stay late on occasion’ and an investment analyst adding that ‘Work hours can be variable. Some days I leave at 5pm, other days I leave at 9pm.’

The best and worst things about working for Towers Watson include:

‘Love the career progression and flat hierarchical structure within the office. As with any client facing role, there are some days which are pretty long.’
Actuarial consultant, Retirement at Towers Watson
 
‘The people and the atmosphere, interesting work, interesting clients, and generally good hours. The complexity of some projects can prove to be tedious.’
Consultant, Retirement at Towers Watson
 
‘Good opportunities for progression, opportunities to work with a range of high profile clients, exposure to senior associates, excellent study support. Some longer hours/late nights. Amount of client exposure often depends on which team you work in and which clients you work on.’
Analyst, DB Advisory at Towers Watson

Interview tips given by graduates at Towers Watson include:

Application Advice: Make yourself stand out – what makes you better than the other candidates applying for the role. Extra curriculum activity is a must.
Interview Advice: Know the role and the company – understand basics of retirement/pensions. Understand the idea of a client-facing role
Actuarial consultant, Retirement at Towers Watson
 
Application Advice: Demonstrate intellectual curiosity, a passion for learning new things and give example to demonstrate the requested competencies
Interview Advice: Be yourself and even if you don’t know the answer to a question make sure you say your thought process
Consultant, Retirement at Towers Watson
 
Application Advice: Application is rigorous which is good, as you feel confident that they are trying to recruit top candidates. Be well read on the financial news, even if no prior knowledge.
Interview Advice: Group exercise, presentation on investment topic, questions, and competency interview. Looking for people that can think through problems logically (no prior experience required) and are comfortable under different scenarios.
Analyst, Investment at Towers Watson

Click here to read the full range of job reviews by graduates at Towers Watson and take a look at the video below to find out more about the firm’s activities.

 

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Jess Grimsey is an IT Management Trainee for Willmott Dixon. Read her story here.

1
Have your own questions prepared. It's your turn! As the interview comes to a close, one of the final questions you may be asked is "What can I answer for you?" Your interviewer will expect you to have...
2
Research the Company. Do your homework about the employer and the industry so you are ready for the interview question "What do you know about this company?"
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