Portfolio Design, Analytics, & Risk Principal

Marsh McLennan•Minneapolis, MN

18h•Hybrid

About The Position

Marsh is seeking a Portfolio Design, Analytics, & Risk Principal to join its Portfolio Design, Analytics & Risk Investment team within the People and Investments business. The role is based in Minneapolis, Phoenix, St. Louis, Chicago, King of Prussia, New York, or Boston, and follows a hybrid schedule requiring at least three days per week in the office or working onsite with clients. The Principal conducts comprehensive risk assessments, analyzes fund performance, and performs ESG analysis using external and proprietary modeling tools. The role develops models, reports, and presentations; advances internal methodologies; and collaborates with investment teams and clients to support informed portfolio decisions and communicate Marsh’s investment expertise. The position offers a base salary range of $126,000 to $252,000, with the possibility of performance-based incentives. Marsh describes its rewards package as including health and welfare benefits, tuition assistance, 401(k) savings and other retirement programs, and employee assistance programs.

Requirements

Undergraduate degree in Accounting, Actuarial Studies, Business, Economics, Engineering, Mathematics, Science, or a similar discipline is desirable, or relevant postgraduate experience.
At least 5 years of relevant experience in investment analysis, portfolio management, or portfolio analytics at an asset allocator, asset manager, or investment consultant.
Strong background in portfolio management, portfolio construction, advanced econometrics, statistical modeling, and programming (e.g., Python and SQL).
Strong knowledge of financial instruments, including fixed income, equities, ETFs, investment funds, derivatives, and market indices.
Understanding of macroeconomics and systematic factors affecting a portfolio.
Excellent analytical and investment skills.
Self-motivated, with the ability to work independently and lead processes to achieve targets in a timely manner.

Nice To Haves

Advanced degree in Accounting, Actuarial Studies, Business, Economics, Engineering, Mathematics, or Science.
Self-starter with energy, proactivity, and the ability to deliver outcomes.
Solutions-driven approach, ability to see the bigger picture, and proactivity in identifying areas for enhancement.
Strong communication skills.
Strong organizational and time-management skills.

Responsibilities

Enhance and support holistic risk management across Marsh’s U.S. investment platform.
Maintain, enhance, and develop internal methodologies to support continuous improvement and accuracy in investment activities.
Design and integrate quantitative approaches to evaluate portfolio risk and return for institutional investors.
Collaborate with portfolio managers, manager research teams, and client teams to deliver a total portfolio view tailored to clients’ objectives and constraints.
Decompose investment universes, single-asset portfolios, and multi-asset portfolios using external and proprietary tools.
Prepare commentary and presentations and compile analytics to support investment decision-making.
Contribute to action-oriented portfolio research using advanced quantitative methodologies.
Develop marketing materials that position investment performance and products in support of sales and client retention.
Respond to sales professionals’ requests for analysis related to competitive investment performance and portfolio characteristics.
Participate in due diligence meetings with investment managers and contribute to the investment team’s research.
Conduct risk assessments, fund performance analysis, and ESG analysis using external and proprietary modeling tools.
Develop models, reports, and presentations and help advance internal methodologies.