Market Data Financial Analyst

Marsh McLennan•Boston, MA

3d•$75,500 - $151,000•Hybrid

About The Position

Marsh is seeking a Market Data Financial Analyst to join its Investments & Retirement team within the People & Investments business. Based in Boston, the role is part of the Market Data Services team, which manages market data vendor services and ensures investment professionals have access to market data and research tools. The analyst oversees budget, forecast, and invoice management to optimize costs and maximize value, while building effective relationships with vendors and internal stakeholders. The position follows a hybrid work arrangement, with at least three days per week in the office. The role supports construction and monitoring of the Market Data budget, validates invoices and contract details, leads month-end close reporting, maintains executive dashboards, gathers business requirements, communicates with vendors, negotiates terms, and manages purchase orders. The applicable base salary range is $75,500 to $151,000. The role may also be eligible for performance-based incentives. Marsh offers health and welfare benefits, tuition assistance, 401(k) savings and other retirement programs, and employee assistance programs.

Requirements

At least 2 years of relevant experience in budget, forecast, and invoice management, preferably in market data or financial services.
Exceptional oral and written communication skills and strong attention to detail.
Advanced Excel proficiency, including complex formulas, data validation, conditional formatting, pivot tables, dashboards, VBA/macros, and Power Query.
Experience with data visualization tools and dashboard reporting.
Solid understanding of accounting principles and strong financial and mathematical acumen.
Knowledge of market data usage by investment professionals.

Nice To Haves

Bachelor’s degree in Accounting, Business, Finance, or a related field is preferred.
Experience with TRG Screen Optimize Spend or similar vendor management systems is highly desirable.

Responsibilities

Support construction of the Market Data budget, monitor expenses, and update forecasts throughout the fiscal year to align with financial goals.
Review and validate invoices against contractual terms and budget targets, and update pricing and contract details in the Optimize Spend system as needed.
Lead the month-end close process by providing accurate accrual data to Finance and delivering monthly and quarterly budget and forecast reports to senior management.
Maintain dashboard reporting for the executive leadership team.
Work with business units to gather and define market data requirements, communicate them to vendors, and negotiate terms that minimize financial impact while ensuring service quality.
Manage purchase order creation and tracking for the Market Data Services team.