Institutional Investment Consultant, Senior Associate

Mercer•Upper Merion Township, PA

2d•$88,000 - $176,000•Hybrid

About The Position

Marsh is hiring an Institutional Investment Consultant, Senior Associate, for its Wealth team within the People & Investments business. The role may be based in Boston, Norwalk, Philadelphia, or King of Prussia and follows a hybrid arrangement, with at least three days per week in the office or onsite with clients. The position 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 role offers the opportunity to develop industry knowledge while contributing to client outcomes. The consultant works with client staff, investment committees, and boards to understand objectives and constraints; monitors economic, capital-market, and asset-management developments; and collaborates on projects and client deliverables. The role also supports investment manager searches, investment structure reviews, asset allocation studies, and new-business presentations; participates in or leads client meetings; and mentors junior analysts. Marsh offers professional development, a diverse and inclusive culture, career opportunities, and a total rewards package that includes health and welfare benefits, tuition assistance, 401(k) savings and other retirement programs, and employee assistance programs.

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 approach, 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 both traditional and alternative investments to clients.
Familiarity with institutional clients and plan types, such as defined contribution, defined benefit, endowment, foundation, and insurance, as well as 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 the asset management community, and communicate relevant updates to clients.
Use and adapt to AI and technology-enabled tools.
Collaborate with client team members to manage projects, define objectives, make recommendations, and deliver timely work that reflects 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.