Marsh McLennan

Mercer Wise 401(k) Operations Analyst

Marsh McLennan$54K — $108K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years in 401(k) administration with a degree in business, accounting, or finance; or 5+ years in 401(k) administration in operations/call center
  • Strong communication skills
  • Proficient in Microsoft Office, particularly Excel

Responsibilities

  • Manage daily client inquiries and ensure timely payroll processing and funding
  • Provide operational support and efficiency in client implementations and service
  • Identify and recommend improvements for operational procedures
  • Research and resolve client inquiries according to Mercer standards
  • Assist clients with reviewing communications and legal notices
  • Support clients in administering annual testing and reporting of plans, including form 5500
  • Utilize various MS Office tools regularly, including Excel, Word, and PowerPoint

Benefits

  • Professional development opportunities
  • Supportive and inclusive culture
  • Diverse career paths and robust benefits package
Full Job Description
Description:

We are seeking a talented individual to join our Mercer Wise team at Mercer. This role will be based in Boston, or wherever a Mercer office is located in the U.S. This is a hybrid role that has a requirement of working at least three days a week in the office.

The team is comprised of operations, implementation and compliance personnel, where Mercer is the fully delegated fiduciary for clients' corporate 401(k) plans. The team ranges in tenure on the team of 3-8 years and industry experience of 5-25 years. You will report to the Director of Operations & Implementation and be responsible for day-to-day contact with clients in your select book of business.

We will count on you to:
  • Manage daily client inquires including ensuring payrolls are processed and funded timely
  • Provide operational support and efficiencies to client implementations and client service as needed, including adhering to procedures
  • Review opportunities to improve and make more efficient procedures as possible
  • Research and resolve inquires and issues within the designated Mercer standards
  • Assist clients reviewing communications and legal notices
  • Work with the clients in the administration of the plans annual testing and reporting, including the form 5500
  • Some MS Office products will be used on a regular basis, including Excel, Word and Power Point


What you need to have:
  • A minimum of two years of experience in 401(k) administration and a bachelor's degree in business, accounting or finance OR
  • A minimum of five years of experience in 401(k) administration in operations or call center
  • Good communication skills
  • Proficiency in Microsoft Office, especially Microsoft Excel


What makes you stand out?
  • Previous experience with 401(k) record keeping of at least five years
  • Familiarity with Defined Contribution Plans, including annual testing and reporting
  • Strong organizational skills, clear and effective communication, both written and oral; ability to multi-task
  • QKA Designation


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.


This role will be based in Boston, or wherever a Mercer office is located in the U.S. This is a hybrid role that has a requirement of working at least three days a week in the office.

The applicable base salary range for this role is $54,000 to $108,000.

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.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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