Senior Associate Investment Consultant - Insurance

As the world's largest investment consultant, Mercer is seeking to strengthen its position and lead the industry in working with institutional clients of all types, including insurance companies. Mercer’s insurance practice is one of the largest in the world by assets under advisement. Our team works with a broad range of insurance companies across the size and complexity spectrum within the Health, P&C, Life and Captive insurance sectors. Our continued growth has created an opportunity to add additional professionals to our team.

Mercer Investments is seeking candidates for the following position located in the Minneapolis (preferred), St Louis, Chicago, New York, Los Angeles, Seattle, Denver, Atlanta or Boston office:

Senior Associate Investment Consultant - Insurance

What can you expect?

• As a senior associate in the insurance practice, the candidate will work to provide client support both directly and through a team of senior investment consultants

• Provide investment content, analysis and advice to insurance company clients on the determination of investment objectives, establishment of investment policy, selection of investment managers and the monitoring of investments across their various investment pools (e.g. general account assets).

• Support the creation and evaluation of investment strategies and their impact for client portfolios

• Determine clients' requirements and brief the team as appropriate, providing the direction and guidance required to ensure deadlines and services standards are met

• Ensure that specialist teams are involved in the provision of advice as and when appropriate.

• Peer review reports, adding client specific information and ensuring client suitability

What’s in it for you?

• At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We deliver innovative solutions that address the health and financial wellness needs of our clients and their employees.

• A company with a strong brand and strong results to match.

• Culture of internal mobility, collaboration and valued partnerships.

• Competitive pay (salary and performance bonus potential).

• Full benefits package – starting day one (medical, dental, vision, life insurance, 401k match AND contribution)

We will count on you to:

• Serve as a senior associate investment consultant collaborating with insurance clients to support their investment portfolio needs

• Be a subject matter expert in insurance investment strategy both internally and externally

• Support the internal insurance team members with analysis, research and communication

• Contribute to asset allocation, portfolio construction, and manager implementation idea generation across client portfolios.

• Stay abreast of markets, insurance regulatory changes, and other economic conditions that could affect client portfolios

What you need to have:

• Bachelor’s Degree in business or economics

• 5+ years of relevant experience

• Superior relationship management skills

• Knowledge of insurance investment considerations, including RBC and ALM concepts

• Prior experience with SAA optimization, FactSet portfolio modules and Capital IQ research helpful

• Excellent analytical and communication skills, particularly with complex investment and data sets

What makes you stand out?

• An understanding or interest in learning the intricacies of working with insurance companies on their investment portfolios, including operating implications and regulatory effects

• Poise and enthusiasm in interacting with clients and senior leaders

• CFA, CAIA, MBA or in active pursuit

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 83,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit https://www.mercer.com/. Follow Mercer on Twitter @Mercer.

Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.