Institutional Investment Consultant, Senior Associate

Marsh McLennan•Philadelphia, PA

1d•Hybrid

About The Position

Marsh is seeking an Institutional Investment Consultant, Senior Associate to join its Wealth team within the People & Investments business. The role supports investment services for a diverse range of institutional clients, working with experts to build portfolios, evaluate asset managers, and analyze portfolio performance. Depending on experience, knowledge, and skillset, the consultant will support client leads or serve as a lead for client relationships. The position can be based in Boston, Norwalk, Philadelphia, or King of Prussia and follows a hybrid arrangement requiring at least three days per week in the local office or onsite with clients. The role involves working with client staff, investment committees, and boards to understand their objectives and constraints; monitoring developments in the economy, global capital markets, and asset management; and collaborating with client teams to manage projects and deliver timely, high-quality work. The consultant will also support manager searches, investment structure reviews, asset allocation studies, presentations, and client meetings, while mentoring junior analysts. Marsh describes a culture focused on professional development, interesting work, supportive leadership, inclusion, flexibility, and collaboration. The position may be eligible for performance-based incentives and is included in the company’s total rewards package.

Requirements

Bachelor's degree from an accredited institution, with coursework in business or investment-related courses.
5–10 years of relevant investment experience.
CFA, CAIA, CIMA, or CIPM designation obtained or in progress.
Knowledge of performance calculations, risk metrics, and portfolio construction.
Strong analytical, project management, and communication skills.
Experience presenting complex investment concepts to clients across traditional and alternative asset classes.
Ability to manage multiple priorities in a fast-paced, evolving environment.
Collaborative, self-motivated, and adaptable, with strong decision-making skills.
Commitment to ongoing professional development and staying current on market trends.
Proficiency in Microsoft Excel, Word, and PowerPoint.

Nice To Haves

Experience leading relationships with complex clients.
Demonstrable ability to communicate about traditional and alternative investments to clients.
Familiarity with a variety of institutional clients and plan types, such as defined contribution, defined benefit, endowment, foundation, insurance, and the wealth management community.

Responsibilities

Work with client staff, investment committees, and boards to understand needs, objectives, and investment constraints.
Examine and monitor developments in the economy, global capital markets, and the asset management community, and communicate relevant updates to clients.
Work collaboratively with client team members to manage projects, define objectives, make recommendations, and ensure timely client deliverables that represent best practices.
Liaise with investment managers, custodians, and Mercer experts to gather and clarify client-specific data supporting service delivery.
Support investment manager searches, investment structure reviews, asset allocation studies, new business presentations, and other investment-related activities.
Participate in or lead quarterly and ad-hoc client meetings.
Mentor and teach junior analysts.
Support client leads or serve as a client lead based on experience, knowledge, and skillset.