Korea Retirement - Actuarial consultant

Overview of the role:

Our Retirement team combines expertise in retirement, investment and benefits consulting to support global organizations worldwide in designing, managing, administering and communicating all types of retirement plans. Whether a client has a defined benefit pension or a defined contribution plan, we work with them to determine the right approach to design, funding, investing, governing and employee engagement that fits their specific goals. 

In this exciting role as a Senior Actuarial Consultant – Retirement, you will have the opportunity to support diverse projects related to actuarial valuation, pension program designing, benchmarking, mergers & acquisitions, asset liability studies, forecasting, pension governance, and other special projects as needed. You will also:

• Deliver superior and consistent project management for assigned clients.

• Draft comprehensive statements of work, project plans, and budgets encompassing multiple workflow streams and client teams.

• Act as the primary project lead, ensuring progress against established objectives, budgets, timelines, deliverables, and quality standards.

• Serve as the main point of contact for clients, managing daily communications and service delivery.

• Build and maintain trusted advisor relationships with client stakeholders through clear communication and efficient, high-quality execution.

• Collaborate with colleagues across practices and regions on projects addressing clients’ broader business challenges.

• Manage client expectations proactively and escalate issues to Head of Retirement and Client Relationship Managers as appropriate.

• Provide actuarial expert consulting on retirement plan valuation, management and design, financial risk management, funding strategies, and special projects involving global consulting, workforce planning, and total rewards.

• Advise clients on pension market trends and regulatory issues affecting their pension benefits programs

• Keep clients informed about the implications and opportunities arising from changes in laws and regulations affecting retirement plans.

• Perform technical reviews to ensure accuracy and quality of deliverables.

• Contribute to the development of innovative tools, methodologies, and approaches.

• Achieve revenue and billable hour targets as defined by management.

• Support business development initiatives and identify opportunities to expand client relationships.

• Apply technical expertise to deliver measurable value and contribute directly to client success.

• Foster strong internal relationships and collaborate effectively on cross-functional teams.

• Demonstrate professionalism and confidence when engaging with clients and colleagues at all levels.

• Mentor and guide project team associates to support their development.

The ideal candidate will have the following skill sets & attributes: 

• 5 ~10+ years of experience and success in the design/management of defined benefit and contribution plans, ideally gained in a consulting environment

• An undergraduate degree is required; Advanced degree preferred

• Experience with pension provider or actuarial firm is preferred 

• Has obtained at least one or more actuarial credentials

• Experience and expertise delivering retirement consulting services to Fortune 1,000 or organizations of similar size

• A track record of performing core retirement work as well as the ability to contribute to cross-practice client engagements

• Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget

• Demonstrated success or strong evidence to support the ability to contribute to new business generation

• Strong client relationship, interpersonal and team skills

• An executive presence with polished and well developed oral and written communication skills

• Self-starter attitude and ability to work within ambiguity 

• Flexibility and proven ability to diagnose and resolve issues

• Strong analytical and creative skills

• Enjoys training/mentoring junior staff

• The ability to see the “big picture,” leveraging the resources of related practices to address the clients’ business challenges

• Intellectual curiosity and the desire to expand one’s business acumen in the retirement and human capital consulting field

• Strong knowledge of MS Excel, PowerPoint and Word 

• Native Korean and advanced business level English