Alternatives Investment Associate

Marsh McLennan • Minneapolis, MN

1d • $115,200 - $230,400 • Hybrid

About The Position

We are seeking a talented individual to join the U.S. Investments team at Mercer, a Marsh company, as an Alternatives Investment Associate. This role will be based in Atlanta, Minneapolis or St. Louis. This is a hybrid role that has a requirement of working at least three days a week in the office. In this position, you will have the opportunity to work as part of our Alternatives team within the Office of the Chief Investment Officer, serving Mercer’s larger discretionary and advisory institutional client base. The investment professional will bring best in class services to clients across the alternatives landscape. Supporting the U.S. Alternatives Investment Directors in the development of client strategy, asset allocation, advisory or outsourced fiduciary implementation requirements across private equity, private credit, real assets and hedge funds. The role will involve working with clients (in conjunction with the U.S. Alternatives Investment Directors and the alternatives asset class specialist teams) on mandate design, manager selection and portfolio construction within Mercer’s investment governance framework. We will count on you to: Support the investment team’s investment efforts by incorporating the investment process, from portfolio construction, forward calendars, investment pacing, strategy implementation and presentation and performance reporting. Collaborate with senior investment professionals to identify and assess potential investment risks and opportunities. Support creation of alternatives market slides to be used in marketing presentations and provide regular updates for market information that goes to various clients and prospects to establish Mercer as a market leader. Run unplanned projects independently, seeking guidance where required, and proactively identify and manage value-added ad hoc projects. Contribute to and promote Mercer’s external image and develop relationships in the investment management community. Knowledge of our data analytics platform and practices, while applying critical thinking to the findings and deliverables for clients. Consistently present with accuracy, quality, and timeliness for deliverables, whether quantitative or qualitative.

Requirements

• BA / BS degree in finance, economics or other business-related areas.
• Strong communication / writing skills to create and present information to the Alternatives Investment Directors, Consultants and create client deliverables.
• Ability to work with a range of institutional client types (e.g. insurance companies, endowments and foundations, healthcare institutions, public and corporate pensions, wealth management, etc.).
• Project management skills to balance working on multiple projects at once.
• Exhibit ability to focus analysis on most critical items and clearly articulate findings.

Nice To Haves

• Prior experience working with alternatives asset classes (private equity, private credit, real estate, infrastructure and hedge funds)
• CFA, CAIA or Series 7, Series 63
• Prior experience in working with institutional investors

Responsibilities

• Support the investment team’s investment efforts by incorporating the investment process, from portfolio construction, forward calendars, investment pacing, strategy implementation and presentation and performance reporting.
• Collaborate with senior investment professionals to identify and assess potential investment risks and opportunities.
• Support creation of alternatives market slides to be used in marketing presentations and provide regular updates for market information that goes to various clients and prospects to establish Mercer as a market leader.
• Run unplanned projects independently, seeking guidance where required, and proactively identify and manage value-added ad hoc projects.
• Contribute to and promote Mercer’s external image and develop relationships in the investment management community.
• Knowledge of our data analytics platform and practices, while applying critical thinking to the findings and deliverables for clients.
• Consistently present with accuracy, quality, and timeliness for deliverables, whether quantitative or qualitative.

Benefits

• 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
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees