Marsh McLennan

Senior Investment Consultant

Marsh McLennan • $122K — $244K *
San Francisco, CA 94112In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • At least 8 years of investment industry experience
  • Deep understanding of investments and retirement plans including 401k, Defined Contribution, and pension plans
  • Experience with total portfolio management
  • Experience responding to Requests for Proposal
  • High proficiency in Microsoft Office, especially PowerPoint and Excel
  • Excellent communication skills, both written and verbal

Responsibilities

  • Advise institutional clients on investment objectives and strategy
  • Present capital markets updates to stakeholders and executive committees
  • Build portfolio recommendations for large clients
  • Manage project plans and budgets
  • Expand client relationships and drive business development
  • Monitor performance of third-party managers in client portfolios
  • Produce quarterly materials in PowerPoint
  • Engage with clients to understand investment objectives

Benefits

  • Health and welfare benefits
  • Tuition assistance
  • 401K savings and retirement programs
  • Employee assistance programs
Full Job Description
Description:

We are seeking a talented individual to join our Wealth at Mercer, a Marsh business. This role will be based in Denver, Irvine, Los Angeles, Phoenix, San Francisco or Seattle. This is a hybrid role that has a requirement of working at least three days a week in the office.

As an Investment Consultant, you will advise institutional clients-both defined benefit and defined contribution-on investment objectives, policy, asset allocation, manager selection, and ongoing monitoring to optimize risk/return and meet fiduciary obligations. You'll present capital markets and performance updates to executive committees and stakeholders, build portfolio recommendations for large and jumbo clients, and analyze participant demographics and investment menu structure. You'll manage project plans, timelines, and budgets, and drive business development by expanding existing relationships and cultivating new clients.

We will count on you to:
  • Determine clients' requirements and brief the team as appropriate, providing the direction and guidance required to ensure deadlines and services standards are met
  • Maintain and expand client relationships
  • Thrive and be motivated by an environment that embraces AI and technology-enabled tools
  • Ensure that specialist teams are involved in the provision of advice as and when appropriate
  • Peer review reports, adding client-specific information and ensuring client suitability
  • Direct the work of employees in a project team and coach/mentor junior colleagues
  • Lead efforts to aggressively market and expand the Investment consulting business as well as Mercer's broader services as appropriate
  • Gather data from various teams within Mercer on capital markets, manager research, and performance reporting
  • As needed, interact with third-party investment managers and custodians for pertinent information
  • Evaluate and synthesize key drivers of client portfolio performance given overall capital markets, third-party managers' investment styles and total portfolio characteristics
  • Produce written quarterly materials in PowerPoint, including both content and formatting
  • Understand client/prospect investment objectives and constraints
  • Work with third-party manager due diligence team to evaluate and select investments to fulfill the asset allocation
  • Monitor performance and business developments of third-party managers in client portfolios and notify clients of critical issues in an accurate and timely manner
  • Thrive and be motivated by an environment that embraces AI and technology-enabled tools.


What you need to have:
  • Bachelor's degree required
  • At least 8 years' of related investment industry experience
  • Deep understanding of investments and retirement plans, including 401k, Defined Contribution and pension plans
  • Experience with total portfolio management
  • Experience responding to Requests for Proposal
  • Experience creating and delivering presentations
  • High level of proficiency in Microsoft Office, particularly PowerPoint and Excel
  • Excellent organizational, interpersonal, verbal and written communication skills


What makes you stand out:
  • Having CFA, CIMA, CAIA or MBA
  • Experience prospecting for net new business
  • Strong, demonstrated interest in capital markets and portfolio construction (not security selection), including the calculation and interpretation of standard risk/return metrics
  • Strong, demonstrated interest in being client-facing and communicating technical (not necessarily financial) information concisely to clients


The applicable base salary range for this role is $122,400 to $244,800.

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
Finance & Insurance
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ
MMC
* Ladders Estimates

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