Isabel Coles

Head of International Consulting, MBWL International

London, UK

Email Isabel Coles
+44 20 3949 5710

Head of International Consulting, MBWL International

A multilingual expert in employee benefits for multinational corporates.

Isabel heads up MBWL International, advising multinational organisations on their employee benefits arrangements around the world, with a focus on corporate sales and purchases, accounting disclosures, and the financing, risk management and design of benefit plans.

Her vast experience includes leading global accounting consolidations under international, UK, and US accounting standards for multinational companies headquartered in the UK and overseas – with consolidations ranging in size from two to over 50 defined benefit plans.

She has advised both corporate and private equity buyers on the employee benefit considerations (including pension liabilities) associated with corporate sales and purchases in Europe and worldwide, from due diligence through to closing and subsequent integration work. Isabel has also undertaken many benefit audits and benchmarking exercises, including a 25-country audit for a company in the technology sector, advising on benefit design and harmonisation.

Other areas of Isabel’s expertise include reviewing and establishing international pension plans, advice on individual expatriate employee benefit packages, and supporting multinationals in agreeing and implementing global governance approaches and policies for managing their employer benefit plans. This included participating in and advising the global retirement benefits governance committee for a multinational company in the nuclear sector over several years.

Isabel chairs the International Committee of the Association of Consulting Actuaries. She has also served on the Actuarial and European Subcommittees of the Society of Pension Professionals, and spoken at conferences across Europe on a variety of pension topics.

Graduating from the University of Warwick with a degree in Mathematics, Isabel is a fellow of the Institute and Faculty of Actuaries – as well as fluent in German and French. In previous roles, Isabel was a partner at Barnett Waddingham, as well as spending ten years in a senior role in Mercer’s international consulting practice.