Associate Director - Investments

Marsh; Pune District; Hybrid; INR 3,500,000 - 6,500,000; Full time

Benefits offered by this job

Hybrid work model

Anchor day in office

Job summary

Marsh seeks an Associate Director – Investments to join the US Defined Benefit Portfolio Management team, based in Pune or Gurugram. This hybrid role requires at least three days in the office and involves designing, implementing, and monitoring investment strategies for DB portfolios.

The role emphasizes quantitative modeling, automation, and collaboration with cross-functional teams to deliver high-quality client solutions and reports for governance committees.

Qualifications

• Experience in fiduciary management, asset management, and/or investment consulting.
• Strong knowledge of financial instruments and statistical/financial modeling.
• Progress towards CFA certification is preferred.

Responsibilities

• Develop, run, and maintain quantitative models to enhance client offerings.
• Create, manage, and enhance proprietary investment models and tools (VaR, interest rate hedging, liability valuation, and liability-driven investing) for DB portfolios and client reports.
• Maintain daily monitoring valuation model for clients on MDDS platform.
• Drive automation and streamline processes to improve efficiency.
• Collaborate with stakeholders to understand client requirements and develop solutions.
• Liaise with Portfolio Management, Operations, Strategy, and Consulting teams to implement high-quality strategies across multiple portfolios.
• Develop analysis and custom presentation materials for review by governance committees and for conversations with strategists, consultants, clients, and prospects.

Skills

Advanced Excel

Python

VBA

Financial modeling

Analytical skills

Independent work

Education

BE/B Tech

Masters in Finance

Financial Engineering

Econometrics

Quantitative Finance

Tools

MDDS platform

VaR models

Liability valuation tools

Interest rate hedging tools

Job description

We are seeking a talented individual to join our investments team, part of our people and investments business at Marsh. This role will be based in Pune or Gurugram. This is a hybrid role that has a requirement of working at least three days a week in the office.

Associate Director – Investments (Defined Benefit Portfolio Management)

We are seeking a highly motivated individual to support the growth of our DB (Defined Benefit) fiduciary investment management business (commonly referred to as OCIO or Outsourced Chief Investment Officer). This is an excellent opportunity for someone with experience in fiduciary management or investment consulting for DB pension or insurance investment portfolios. The role may also appeal to other candidates with a strong investment background and technological expertise, but seeking a new opportunity. The successful candidate will be a key member of the US Defined Benefit Portfolio Management team responsible for designing, implementing, and monitoring leading investment strategies tailored to each client using Mercer’s best ideas. This is a rewarding position within a dynamic and expanding team.

We will count on you to:

• Develop, run, and maintain existing quantitative models to enhance our client offerings.
• Create, manage, and enhance proprietary investment models and tools (such as VaR, interest rate hedging, liability valuation, and liability-driven investing) for DB pension portfolios and client reports.
• Help maintain daily monitoring valuation model for clients on Mercer Dynamic De-Risking Solution (MDDS) platform.
• Drive automation and streamlining efforts to improve processes.
• Collaborate with stakeholders to understand client requirements and develop appropriate solutions.
• Liaise with Portfolio Management, Operations, Strategy, and Consulting teams to implement high quality strategies (for example, dynamic portfolio management and interest rate hedging strategies) across multiple portfolios with efficiency and scale.
• Develop analysis and custom presentation materials in support of investment ideas to be reviewed and approved by the US Defined Benefit Investment Committee and other governance committees.
• Develop analysis and custom presentation materials to support conversations with strategists, consultants, clients, and prospects.

What you need to have:

• Prior experience in fiduciary management, asset management, and/or investment consulting with a strong understanding of financial instruments and statistical/financial modeling.
• Advanced Excel and coding skills (VBA, Python).
• Strong knowledge of financial instruments, including fixed income, equities, ETFs, funds, derivatives, and market indices.
• Familiarity with standard risk measurement and management metrics for investment portfolios.
• Excellent analytical and investment skills.
• Self-motivated with the ability to work independently and lead processes to achieve targets in a timely manner.
• Self-development mindset, able to identify personal knowledge and skill gaps.
• BE/B Tech from a top-tier college and/or Masters in Finance, Financial Engineering, Econometrics, or Quantitative Finance.
• Progress towards CFA certification is preferred.

What makes you stand out:

• Adaptable communicator, facilitator, influencer and problem solver
• Previous experience with US-based fixed income investments and/or US-based defined benefit investment strategies
• Actuarial training, credentials, and/or experience
• Good/excellent communication and content writing skills
• High attention to detail
• Experience developing solutions using AI models (e.g., Claude, ChatGPT).

Why join our team:

• Your contributions will impact strategic decision-making and business performance.
• 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, caste, 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.

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.

R_367072