Pension Strategy Consultant

Marsh; Seattle (WA); Hybrid; USD 162,000 - 324,000; Full time

Benefits offered by this job

Health benefits

Tuition assistance

401K savings

Job summary

Marsh is seeking a leader to join the Pension Strategy & Solutions team within Investments and Retirement. The role is flexible in location but prefers West region offices and requires a hybrid schedule with at least three days in the office per week.

You will advise on asset allocation, glide paths, and risk management for pension plans, collaborating with consultants and portfolio managers. The ideal candidate has 10+ years in pension or investment strategy, with CFA or actuarial credentials

Qualifications

• 10+ years of pension and/or investment strategy experience.
• Strong presentation, project management and communication skills.
• High proficiency in Microsoft Excel and PowerPoint.
• Knowledge of data analysis, project management, and presentation design.
• High-level attention to detail and an understanding of its application to the bigger picture.

Responsibilities

• Advise on strategic asset allocation and dynamic glide path design for pension plans.
• Understand asset classes, risk/return tradeoffs, plan design, liability features, and sponsor constraints to develop strategies.
• Present results of asset-liability studies, glide path reviews, and portfolio structure reviews with investment consultants and portfolio managers.
• Model pension liabilities and fixed income portfolios using internal/external risk models to assess risk exposures.
• Lead clients and deliver advice on investment strategy issues and risk management for pension plans.

Skills

Presentation skills

Project management

Communication skills

Excel

PowerPoint

Data analysis

Attention to detail

Critical thinking

Education

CFA designation

Actuarial credentials

Tools

Microsoft Excel

PowerPoint

Job description

We are seeking a talented individual to join our Pension Strategy & Solutions team, part of our Investments and Retirement business at Marsh. The location for this role is flexible, but ideally based in one of our West region offices: Denver, Irvine, Los Angeles, Phoenix, Portland, San Franciso, or Seattle. This is a hybrid role that has a requirement of working at least three days a week in the office.

We will count on you to:

• Advise on strategic asset allocation and dynamic glide path design for pension plans
• Understand asset classes, risk and return tradeoffs, plan design, liability features, and plan sponsor constraints to develop investment strategies
• Partner with investment consultants and portfolio managers to present results of asset-liability studies, glide path reviews, and portfolio structure reviews
• Model pension liabilities and fixed income portfolios utilizing internal and external risk models to assess risk exposures, including plan-specific liability duration profile and credit spread risk
• Understand pension plan liabilities, design features, and risk drivers that influence hedge portfolio development
• Lead clients and deliver advice on investment strategy issues, risk management / reduction in relation to pension plans, ensuring clients receive high quality advice while incorporating Marsh's intellectual capital
• Be a subject matter expert in pension risk management and journey planning, including liability-driven investments and pension risk transfer
• Define and implement long-term business strategy, direction and focus, engaging staff to deliver business results
• Identify the need for change within the business and decisively bring essential, ambitious and accelerated change into existence and then sustain its benefits despite being confronted with resistance, barriers and blockages.
• Attract, engage and advance only the best talent and champion a culture that people want to join and commit to.
• Contribute strongly to meeting aggressive revenue growth targets.
• Responsible for developing business with new and existing clients across all business lines and geographies, collaborating to leverage resources and expertise
• Ensure all professionalism/compliance processes are understood and followed

What you need to have:

• 10+ years' experience in pension and/or investment strategy, with significant expertise in each
• Strong presentation, project management and communication skills
• High proficiency in Microsoft Excel and PowerPoint
• Knowledge of data analysis, project management, and presentation design
• High-level attention to detail and an understanding of its application to the bigger picture
• Ability to acclimate quickly to understand asset-liability risk management and business concepts and apply critical thinking to the issues which will arise during projects

What makes you stand out:

• CFA designation and/or actuarial credentials are a strong positive

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [e-mail].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

The applicable base salary range for this role is $162,000 to $324,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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