Institutional Investment Consultant, Senior Associate

Marsh McLennan•Boston, MA

3d•$88,000 - $176,000•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, collaborating with experts to build portfolios, evaluate asset managers, and analyze portfolio performance. Depending on experience, knowledge, and skills, the consultant will support client leads or lead client relationships. The position offers an opportunity to develop industry knowledge and contribute to client outcomes. The role can be based in Boston, Norwalk, Philadelphia, or King of Prussia. Marsh uses a hybrid work arrangement, with colleagues expected to work in their local office or onsite with clients at least three days per week. Office-based teams identify at least one weekly anchor day for in-person collaboration.

Requirements

Bachelor's degree from an accredited institution, with coursework in business or investment-related subjects.
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 traditional and alternative investments to clients.
Familiarity with 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 client needs, objectives, and investment constraints.
Monitor developments in the economy, global capital markets, and asset management community, and communicate relevant updates to clients.
Use and engage with AI and technology-enabled tools.
Collaborate with client team members to manage projects, define objectives, make recommendations, and ensure timely 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.