Type · Market Trends

Enterprise · IB Analyst Interview Guide
Sign up to see ATSHeadquartered in United KingdomInterview language: English
How to Pass the WTW (Willis Towers Watson) IB Analyst Interview in 2026
The WTW (Willis Towers Watson) DNA (TL;DR)
The WTW (Willis Towers Watson) Interview Loop
Your onsite loop will typically consist of 4 rounds.
- 1
Round 1
Recruiter ScreenMotivation, fit, GPA, deal interest. - 2
Round 2
Technical ScreenAccounting, valuation (DCF, comps, precedent transactions), enterprise vs equity value. - 3
Round 3
Market KnowledgeRecent deals, market events, sector outlook, why this firm. - 4
Round 4
SuperdayMultiple back-to-back interviews with MDs/VPs covering technical + behavioral + fit. - 5
Round 5
Behavioral / LeadershipPast evidence of ownership, influence, resolving conflict.
The Danger Zone: Top Reasons Candidates Fail
Based on our database of WTW (Willis Towers Watson) interview outcomes, avoid these common traps:
- Framing the error as a way to blame others rather than ensuring project quality
- Using inappropriate multiples (e.g., P/E for a company with negative earnings).
- Not understanding how interest rates affect valuations, M&A activity, or pension liabilities.
- Incorrectly describing the flow of information (e.g., Net Income to Cash Flow).
Test Yourself: Real WTW (Willis Towers Watson) Questions
Three real prompts pulled from our database.
Type · Firm Knowledge
Type · Fit
+ many more questions, signals, and worked examples
Sign up to unlock the full WTW (Willis Towers Watson) grading rubric
WTW (Willis Towers Watson) Interview Question Bank
A sample from our database, grouped by round. Sign up to see the full set.
10 of 15 questions shown
Recruiter Screen
3- 1
Type · Motivation
Why are you interested in investment banking, and specifically why at WTW given our focus on advisory and risk management? - 2
Type · Fit
Describe your understanding of Enterprise Value and Equity Value, and explain when you would use one over the other in a valuation context. - + 1 more questions in this round (sign up to unlock)
Technical Screen
4- 3
Type · Valuation
Walk me through a Discounted Cash Flow (DCF) analysis. What are the key components, and what are the main assumptions you need to make? - 4
Type · Valuation
How would you value a company using the Comparable Company Analysis (Comps) method? What multiples are typically used, and what are the potential pitfalls? - + 2 more questions in this round (sign up to unlock)
Market Knowledge
3- 5
Type · Market Trends
What are some of the most significant recent M&A transactions or capital markets deals you've followed, particularly within the insurance, risk, or financial advisory sectors? - 6
Type · Market Trends
How do current macroeconomic conditions (e.g., interest rates, inflation, geopolitical events) impact the financial advisory and risk management landscape that WTW operates in? - + 1 more questions in this round (sign up to unlock)
Superday
2- 7
Type · Technical
Imagine a client wants to acquire a competitor. Walk me through the key steps you would take to advise them on this potential transaction, from initial analysis to closing. - 8
Type · Technical
How do the three main financial statements (Income Statement, Balance Sheet, Cash Flow Statement) link together? Provide a specific example of how a change in one impacts the others.
Behavioral / Leadership
3- 9
Type · Behavioral
Tell me about a time you had to work on a project with a tight deadline and limited resources. How did you prioritize tasks and ensure successful completion? - 10
Type · Behavioral
At WTW, we often balance the technical rigor of actuarial data with the need for clear client communication. Describe a time you had to translate a highly complex or technical finding into a recommendation that a non-technical client could understand and act upon. - + 1 more questions in this round (sign up to unlock)
Unlock all 15 WTW (Willis Towers Watson) questions, free
No credit card. Every question with its framework, the grading signals interviewers score against, and a worked answer for each.
Interview tracks at WTW (Willis Towers Watson)
How WTW (Willis Towers Watson)'s DNA translates across functions. Pick your role.
Compare WTW (Willis Towers Watson) with similar employers
Same DNA, different bar. Browse the closest companies in our database and see how their loops differ.
Antin
Same tierDiscipline Prudent and Accountability Investment guide the evaluation of infrastructure modeling. Partners like Nicol...
See Antin interview questions
Generali
Same tierGenerali's 'Generali Group Navigate' strategy underpins interview assessments, seeking candidates who demonstrate a r...
See Generali interview questions
TPG
Same tierA rigorous LBO modeling test anchors the TPG loop, grading your alignment with the 'Approach Platforms Global Wealth'...
See TPG interview questions
Practice WTW (Willis Towers Watson) interviews end-to-end
WTW (Willis Towers Watson) Mock Interview
Run a live mock interview with our AI interviewer using WTW (Willis Towers Watson)-style prompts. Get scored on structure, signal, and answer length - exactly how the real loop grades you.
Open
STAR Stories for WTW (Willis Towers Watson) Behavioral Rounds
Build a Story Bank of your past wins, mapped to the leadership signals WTW (Willis Towers Watson) interviewers grade on. Reuse them across every behavioral round.
Open
WTW (Willis Towers Watson) Interview Prep Hub
The frameworks behind every WTW (Willis Towers Watson) round: CIRCLES for product sense, hypothesis-driven debugging for analytical, STAR for behavioral. Learn each one in 10 minutes.
Open
Interview Frameworks
CIRCLES, STAR, AARRR, RICE, MECE. The exact frameworks that make WTW (Willis Towers Watson) interviewers nod instead of frown. Step-by-step playbooks with the moves and the pitfalls.
Open
Sample answers
What a strong answer to these WTW (Willis Towers Watson) interview questions shows.
How do current macroeconomic conditions (e.g., interest rates, inflation, geopolitical events) impact the financial advisory and risk management landscape that WTW operates in?
A strong answer shows: Ability to connect macro trends to industry specifics; Understanding of risk and financial advisory implications; Strategic thinking.
Beyond M&A advisory, what other services does WTW offer, and how might an investment banking analyst contribute to those areas?
A strong answer shows: Thorough research on the firm; Understanding of WTW's diversified business model; Versatility and broader perspective.