Investment Consultant (DC Pensions)

Marsh; Glasgow; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Hybrid working (3 days in office)

Study support toward IMC/FIA/FFA/CFA

UK office locations: London,Manchester

Job summary

Marsh’s DC Consulting Practice is seeking a DC Investment Consultant to advise a diverse client portfolio on defined contribution strategies, performance and governance. You’ll lead mid-size to large client work, review analysts’ output and own relationships as you grow.

Hybrid work (3 days in the office) across UK sites, with study support toward IMC/FIA/FFA/CFA. The role offers growth in commercial delivery, client engagement and market presence, with opportunities to shape retirement outcomes

Qualifications

• 5 years’ experience in a DC investment consulting role (ideally UK DC; comparable experience considered).
• Relevant professional qualification or progress toward one (IMC, FIA/FFA, and/or CFA).
• Strong client consulting and stakeholder management skills with clear, credible communication.
• Proven experience supporting and/or leading investment advisory work (monitoring, governance, and implementation).
• Demonstrated commercial mindset, including contributing to business development through client opportunities.

Responsibilities

• Lead DC investment consulting work for mid-size to large clients, delivering Marsh’s services.
• Support senior investment consultants on complex clients (performance monitoring, strategy reviews, default strategy advice, investment changes, and updates to statutory documents).
• Review and quality-check work produced by analysts and junior consultants using Marsh tools and approaches.
• Manage elements of client relationship management, including budgets and commercial oversight for assigned clients.
• Drive proactive revenue generation—retaining existing clients and expanding the range of services delivered across relevant lines of business.

Skills

Client consulting

Stakeholder management

Commercial mindset

Communication

Business development

Project management

Education

IMC

FIA/FFA/CFA

Job description

Join Marsh’s DC Consulting Practice as a DC Investment Consultant and play a pivotal role advising a diverse portfolio of clients on their defined contribution investment strategies. You’ll help shape better retirement outcomes by supporting complex, high-profile schemes—covering areas such as performance monitoring, strategy reviews, default investment design, investment changes, and governance documentation—while also taking ownership of relationships for smaller to mid-sized clients as your experience grows. This is a fantastic opportunity with real scope to develop commercially and technically. You’ll collaborate closely with senior consultants, review and elevate the work of analysts and junior colleagues and contribute to the practice’s growth through client engagement and market presence. With hybrid working (3 days in the office) across multiple UK locations and study support available toward IMC/FIA/FFA/CFA, Marsh offers a strong platform to accelerate your DC career. This role can be based in either our London, Manchester, Leeds, Bristol, Glasgow or Edinburgh offices.

We will count on you to:

• Lead DC investment consulting work for mid-size to large clients, delivering and promoting Marsh’s services.
• Support senior investment consultants on complex clients (e.g., performance monitoring, strategy reviews, default strategy advice, investment changes, and updates to statutory documents).
• Review and quality-check work produced by analysts and junior consultants using Marsh tools and approaches.
• Manage elements of client relationship management, including budgets and commercial oversight for assigned clients.
• Drive proactive revenue generation—retaining existing clients and expanding the range of services delivered across relevant lines of business.

What you need to have:

• Circa 5 years’ experience in a DC investment consulting role (ideally UK DC; comparable experience considered).
• A relevant professional qualification or progress toward one (IMC, FIA/FFA, and/or CFA).
• Strong client consulting and stakeholder management skills, with the ability to communicate clearly and credibly.
• Proven experience supporting and/or leading investment advisory work (monitoring, governance, and implementation).
• Demonstrated commercial mindset, including contributing to business development through existing and new client opportunities.

What makes you stand out:

• Experience advising UK DC schemes on default strategy design, performance oversight, and investment change implementation.
• Confidence building internal and external relationships at all levels (clients, providers, and colleagues across teams).
• A proactive, “takes initiative” working style and comfort operating in a dynamic, collaborative environment.
• Project management capability (helpful but not essential).
• A track record of contributing to thought leadership / intellectual capital (e.g., client materials, insights, or market engagement).

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.