Hewitt Associates

Hewitt Associates provide HR business process outsourcing (BPO), offering both HR outsourcing and HR consulting. The firm primarily help organisations around the world to manage their employees' pension schemes.

Hewitt Associates' consultants analyse the past, assess the present and predict the future to help clients control the risks that affect their pension schemes. They analyse the investments backing client companies' future payments and the financial and demographic changes that have affected the amounts and timing of those pensions. This requires detailed data analysis and mathematical modelling skills as well as knowledge of the legal rules relating to pension schemes.

Graduate Scheme Requirements

In order to be considered for a graduate role at Hewitt, you will need to meet the minimum criteria, which are:

• Expected to attain a 2:1 or equivalent grade in your degree
• Have a grade B in A Level Maths (or equivalent)
• Have a grade B at GCSE English Language (or equivalent)

Graduate Schemes

Hewitt are looking for highly numerate graduates with good communication and strong people skills.

Investment Practice

Hewitt's investment practice analyses the investments that finance the future pension payments for companies' employees. The work involves analysis of the past: investment market returns; returns achieved by specific investment managers; and the theories and practices adopted by those investment management companies.

Hewitt hire five to 10 graduates for this area of their business each year.

Consultant Development

This business area is specifically for graduates looking to specialise in providing investment advice. Some will focus on technical research while others will support consultants advising clients, whilst developing the skills and specialisms that will ensure a successful career.

Pensions

Hewitt's pensions practice analyses the pensions that are promised to clients' employees. It is the largest part of Hewitt's business. Teams of 50 to 150 people work in this business area in each of Hewitt's six UK consulting offices. The work involves analysis of the past: changes in employees' pay; employee job movement; and pensioners' ever lengthening lives.

Graduates working in this practice area will give advice to help clients manage and monitor their risks and financing. On other occasions they will be helping them re-design the type of pensions they provide.

Hewitt employ 25 to 30 graduates for this business area each year. Graduates will start working in the firm's Pensions Actuarial Services (PAS) team, and, over a period of approximately four years, you will acquire the knowledge and essential skills that provide the foundation of your career, whilst providing services to our clients.

Secondments

Hewitt graduates are regularly able to choose secondments at other UK offices on a part-time or fixed-term basis to assist with client work or join a specialist team. Some consultants and trainee consultants will also be able to spend some months working in client offices as a full part of their team.These clients include the Government bodies responsible for the control of pension schemes. Some graduates may also be able to work in the firm's European Actuarial Services team in Budapest, participate in a US exchange programme or spend secondments to countries such as Italy, Portugal, Germany, Australia, Hong Kong, Mauritius, Korea and Sweden. There will also be regular future opportunities to work in the Netherlands or Switzerland.

Language isn’t a barrier to taking advantage of overseas opportunities as English is spoken in all international offices.