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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Retirement Consultant - MPF Background

Full-TimeUpdated
No salary listed
Senior
Bachelor's
Hong Kong
HybridHybrid role requiring at least three days per week in the local office or onsite with clients.
ConsultingHuman Capital & Change Consulting

About the job

Requirements
  • A bachelor's degree in a numerical subject such as Mathematics, Finance, Economics, or a related subject.
  • At least 7 years of proven work experience in the retirement field, with strong knowledge of the MPF market; experience with an MPF provider is preferred, and an ORSO background is an advantage.
  • Ability to manage vendors.
  • Strong communication, analytical, and technical skills, including the ability to manage and manipulate large amounts of data efficiently and explain complex technical information clearly and concisely to lay audiences.
  • Strong self-initiative and curiosity in financial services, with motivation to seek knowledge, test ideas, and contribute to the team.
  • Strong personal management skills to plan for foreseeable tasks, assess capacity for unforeseen tasks, schedule routine work, and estimate task completion times for senior management reporting.
  • Strong written and verbal English and Cantonese skills.
Responsibilities
  • Acquire and enhance knowledge of valuing liabilities relating to pensions and long-term severance benefits under the Hong Kong pension regime and in other Asian markets.
  • Support or lead projects, depending on complexity, including M&A due diligence and implementation, retirement benefit review and benchmarking, and other retirement and long-term benefit projects; use technical, actuarial, and market knowledge to help corporate sponsors assess options for managing benefit schemes and balance cost with adequate coverage.
  • Manage projects and clients as appropriate to the role while developing actuarial consulting skills; help clients resolve pension needs, understand retirement benefit trends, and shape the market; lead small initiatives and projects and make decisions.
  • Conduct research and analytics to inform local views on client-relevant issues and use findings to develop recommendations or observations for clients under guidance from experienced colleagues.
  • Support new business initiatives and business development activities.
  • Monitor MPFA regulations affecting the financial planning industry in investment and retirement matters.
  • Carry out assigned initiatives with minimal supervision, including drafting and managing industry surveys and collating information for projects and marketing efforts, subject to review by senior team members.
  • Provide guidance to and mentor junior team members.
Desired Qualifications
  • An MPF provider background is preferred.
  • An ORSO background is an advantage.
  • Mandarin is an added advantage.

About the company

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

New York, NY

Founded

1871

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Simplify Jobs

Simplify's Take

What believers are saying

  • Consulting drives growth: Mercer and Oliver Wyman's group grew 8% organically in the June 2026 quarter, versus 3% for broking.
  • Profits cushion jobs: Marsh kept about 27 cents of operating profit per sales dollar in 2025, before one-time costs.
  • Many career paths under one employer: 95,000+ colleagues span broking, reinsurance, benefits and strategy consulting in 130 countries.

What critics are saying

  • Expect cuts: Thrive, announced October 2025, sets aside $500 million, mostly severance and technology, to save $400 million yearly.
  • Pricing works against broking: Marsh's index shows commercial rates fell 6% in the June 2026 quarter, an eighth straight drop.
  • Back-office roles are being consolidated: a Business and Client Services unit is pooling operations and technology teams company-wide.

What makes Marsh & McLennan unique

  • Consulting is a third of the business: Mercer and the Oliver Wyman group earned 36% of 2025 revenue.
  • Investment management sets it apart: Mercer is the world's largest outsourced chief investment office, running portfolios for institutions.
  • Scale sets it apart: 2025 revenue grew 10% to $27.0 billion across broking, reinsurance and consulting.

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