Retirement Pension Consultant

About the role

Marsh is looking for a Consultant for its Wealth team's retirement pension practice, part of the people and investments business. The role is based in Hong Kong and is hybrid, with at least three days a week spent in the office.

Key responsibilities

• Build and deepen knowledge of valuing liabilities for pension and long-term severance benefits under the Hong Kong regime and long-term benefits in other Asian markets such as South Korea and the Philippines.
• Support or lead projects such as M&A due diligence, retirement benefit review and benchmarking, and ad hoc retirement and long-term benefit projects.
• Use actuarial skills and market knowledge to help corporate sponsors choose options for their long-term benefit schemes, balancing cost and adequate coverage.
• Carry out research and analytics to form local views on issues of interest to clients, and apply findings to recommendations under the guidance of more experienced colleagues.
• Support new business initiatives and development, and digest MPFA regulations affecting the financial planning industry.
• Draft and manage industry surveys and collate information for projects and marketing, with review by senior team members.
• Mentor junior team members and lead small initiatives with decision-making autonomy.

Required profile

• Bachelor's degree in a numerical subject such as Actuarial Sciences, Mathematics or Finance (Accounting/Management/Behavioural).
• 7+ years of proven experience in the retirement pension field.
• Strong written and verbal English and Cantonese; Mandarin is an added advantage.
• Self-motivated, curious about financial services, and able to build relationships through effective communication, influence and negotiation.
• Able to plan ahead, estimate task times for management reporting, and handle unexpected work.

Required skills

• Actuarial consulting and valuation of pension and long-term benefit liabilities.
• Strong analytical and technical skills, comfortable handling large amounts of data.
• Ability to explain complex technical information clearly to clients.