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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Business Development Specialist

Full-TimeUpdated on 10/24/2026
No salary listed
Senior
Bachelor's, Master's
Bangkok, Thailand
HybridHybrid; at least three days per week in the Bangkok office.
Sales & Account ManagementAccount Executive

About the job

Requirements
  • A bachelor's degree or higher in Finance, Economics, Business Administration, Human Resources, or a related field.
  • At least 7 years of relevant experience, preferably in provident funds, pensions, retirement consulting, employee benefits, asset management, wealth management, or financial services.
  • Strong understanding of Thailand’s provident fund and retirement landscape.
  • A proven track record in business development, client relationship management, and stakeholder engagement.
  • Strong business acumen and ability to identify and develop new business opportunities.
  • Organizational, project management, and coordination skills.
  • Proficiency in Microsoft Office applications, particularly PowerPoint, Excel, and Word.
  • Excellent written and spoken English and Thai.
  • Ability to communicate effectively with senior executives, HR leaders, fund committees, and institutional clients.
  • Strong presentation, proposal-writing, and report-writing skills in English.
Responsibilities
  • Identify and pursue new business opportunities within the retirement, provident fund, and employee benefits market.
  • Engage prospective clients to understand their business needs and introduce the firm’s solutions and services.
  • Develop and maintain a network of clients, industry contacts, and business partners.
  • Support preparation of proposals, client presentations, and business development materials.
  • Maintain and manage a pipeline of prospective opportunities and contribute to business growth targets.
  • Build, maintain, and strengthen relationships with existing clients.
  • Serve as a key client contact and respond to client inquiries in a timely and professional manner.
  • Support client meetings, presentations, and ongoing engagement activities.
  • Identify opportunities to expand existing client relationships and cross-sell relevant services.
  • Assist the Retirement Business Leader in executing business strategies and growth initiatives.
  • Support project management, business planning, market research, and client-related activities.
  • Prepare reports, presentations, meeting materials, and other business documentation.
  • Monitor market trends, industry developments, and competitor activities to identify emerging opportunities.
  • Work with colleagues across the Retirement team and other business units.
  • Coordinate with internal stakeholders to deliver client solutions.
  • Support cross-functional initiatives and special projects as required.
Desired Qualifications
  • An existing network within the retirement, provident fund, corporate HR, or institutional investment market is an advantage.
  • Relevant experience in the provident fund, pension, retirement consulting, employee benefits, asset management, wealth management, or financial services industry is preferred.

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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