Description:We are seeking a talented individual to join our
Wealth team at
Mercer, a Marsh business. This role can be based in
Chicago, Columbus, Dallas, Denver, Irvine, Los Angeles, Minneapolis, Phoenix, Pittsburgh, San Francisco, Seattle, Southfield, or St. Louis and offers a hybrid work arrangement, requiring a minimum of three days per week in the office.
As an
Institutional Investment Consulting Associate, you will play a key role in supporting investment advice for a diverse range of institutional clients and collaborating with experts to build portfolios, evaluate asset managers, and analyze portfolio performance. You'll ensure clear communication of critical updates and assist in managing consulting relationships through meeting coordination, project management, and timely delivery of reports. This is a dynamic opportunity to develop deep industry knowledge while contributing to impactful client outcomes!
We will count on you to:- Examine and monitor developments at investment management firms and communicate relevant updates to clients
- Manage projects by ensuring timely, high quality client deliverables, delegating work to analysts, providing guidance, and ensuring peer review
- Thrive and be motivated by an environment that embraces AI and technology-enabled tools
- Produce accurate and detailed client reports through analysis of client-specific investment data, ongoing investment performance, and manager monitoring
- Liaise with investment managers and custodians to gather and clarify client-specific data for reporting or any other client-related matters
- Support investment manager searches, investment structure reviews, mutual fund selection, asset allocation studies, new business presentations, and other investment-related activities
- Participate in quarterly or ad-hoc client meetings
- Analyze and edit investment policy statements and conduct strategic portfolio structure and asset allocation analysis
What you need to have:- Bachelor's degree from an accredited institution with coursework in business or investment-related courses
- 2-5 years of relevant investment experience
- Actively pursuing or willing to obtain the CFA, CAIA, CIMA, or CIPM designation
- Knowledge of performance calculations, risk metrics, and portfolio construction
- Self-motivated and effective in a highly collaborative team environment
- Ability to multitask and manage multiple priorities in a rapidly changing, dynamic setting
- Strong analytical, project management, and communication skills
- High-level attention to detail and an understanding of its impact on the bigger picture
- Commitment to continuous learning and staying current with industry trends and market conditions
- Adaptability and decisiveness
- Proficient in Microsoft Excel, Word, and PowerPoint
What makes you stand out?- Familiarity with a variety of institutional clients and plan types
The applicable base salary range for this role is $67,000 to $134,000.
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.
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.
