Institutional Investment Consultant, Senior Associate

Marsh Agency; Philadelphia (Philadelphia County); Hybrid; USD 88,000 - 176,000; Full time

Job summary

Marsh Wealth, part of our People & Investments group, is seeking an Institutional Investment Consultant, Senior Associate to support a diverse set of institutional clients. You will help build portfolios, evaluate asset managers, and analyze performance to inform client outcomes.

This hybrid role, based in Boston, Norwalk, Philadelphia, or King of Prussia, requires at least three days in the office. You will mentor junior analysts, lead client meetings, and collaborate with Mercer experts to

Qualifications

• Bachelor's degree from an accredited institution with coursework in business or investment-related courses.
• 5-10 years of relevant institutional investment experience.
• CFA, CAIA, CIMA, or CIPM designation obtained or in progress.
• Knowledge of performance calculations, risk metrics, and portfolio construction.
• Strong analytical, project management, and communication skills.
• Experience presenting complex investment concepts to clients across traditional and alternative asset classes.
• Ability to manage multiple priorities in a fast-paced, evolving environment.
• Collaborative, self-motivated, and adaptable with strong decision-making skills.

Responsibilities

• Work with client staff, investment committees, and boards to understand needs, objectives and investment constraints.
• Examine and monitor developments within the economy, global capital markets, and the asset management community to communicate relevant updates to clients
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools
• Work collaboratively with client team members to manage projects by defining objectives, making recommendations, and ensuring client deliverables are timely and represent best practices.
• Liaise with investment managers, custodians, and Mercer experts to gather and clarify client-specific data supporting service delivery.
• Support investment manager searches, investment structure reviews, asset allocation studies, new business presentations, and other investment-related activities
• Participate in, or lead, quarterly or ad-hoc client meetings
• Mentor and teach junior analysts looking to develop their skills

Skills

Institutional investment

Portfolio construction

Analytical skills

Communication

Project management

Presentation to clients

Excel proficiency

PowerPoint

Education

Bachelor's degree in business or investment-related courses

Tools

Microsoft Excel

PowerPoint

Word

Job description

We are seeking a talented individual to join our Wealth team, part of our People & Investments business at Marsh. This role can be based in Boston, Norwalk, Philadelphia, or King of Prussia and offers a hybrid work arrangement, requiring a minimum of three days per week in the office.

As an Institutional Investment Consultant, Senior Associate, you will play a key role in supporting the range of investment services provided to a diverse range of institutional clients and collaborating with experts to build portfolios, evaluate asset managers, and analyze portfolio performance. You will support client leads or serve as a lead of your own based on your experience, knowledge, and skillset. This is a dynamic opportunity to develop deep industry knowledge while contributing to impactful client outcomes!

We Will Count On You To

• Work with client staff, investment committees, and boards to understand needs, objectives and investment constraints.
• Examine and monitor developments within the economy, global capital markets, and the asset management community to communicate relevant updates to clients
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools
• Work collaboratively with client team members to manage projects by defining objectives, making recommendations, and ensuring client deliverables are timely and represent best practices.
• Liaise with investment managers, custodians, and Mercer experts to gather and clarify client-specific data supporting service delivery.
• Support investment manager searches, investment structure reviews, asset allocation studies, new business presentations, and other investment-related activities
• Participate in, or lead, quarterly or ad-hoc client meetings
• Mentor and teach junior analysts looking to develop their skills

What You Need To Have

• Bachelor's degree from an accredited institution with coursework in business or investment-related courses
• 5-10 years of relevant institutional investment experience
• CFA, CAIA, CIMA, or CIPM designation obtained or in progress
• Knowledge of performance calculations, risk metrics, and portfolio construction
• Strong analytical, project management, and communication skills
• Experience presenting complex investment concepts to clients across traditional and alternative asset classes
• Ability to manage multiple priorities in a fast-paced, evolving environment
• Collaborative, self-motivated, and adaptable with strong decision-making skills
• Commitment to ongoing professional development and staying current on market trends
• Proficiency in Microsoft Excel, Word, and PowerPoint

What makes you stand out?

• Experience leading relationships with complex clients
• Demonstrable communication of both traditional and alternative investments to clients
• Familiarity with a variety of institutional clients and plan types, such as defined contribution, defined benefit, endowment, foundation, insurance, and the wealth management community

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 an impact on 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 providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you require an accommodation during the application or interview process, please let us know by contacting [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.

The applicable base salary range for this role is $88,000 to $176,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.