Institutional Investment Consulting Associate

CFA Institute; Seattle (WA); Hybrid; USD 67,000 - 134,000; Full time

Job summary

Mercer is seeking an Institutional Investment Consulting Associate to support investment advice for institutional clients and help build portfolios, evaluate managers, and analyze performance. You will coordinate projects, deliver reports, and manage client relationships with a collaborative team.

This role emphasizes producing precise client reports, leveraging AI-driven tools, and contributing to strategic portfolio structure and asset allocation studies in a hybrid work environment.

Qualifications

• Bachelor's degree in business or investment-related field.
• 2-5 years of investment experience.
• Actively pursuing or willing to obtain the CFA, CAIA, CIMA, or CIPM designation.
• Knowledge of performance calculations, risk metrics, and portfolio construction.
• Self-motivated and effective in a highly collaborative team environment.
• Ability to multitask and manage multiple priorities in a rapidly changing, dynamic setting.
• Strong analytical, project management, and communication skills.
• High-level attention to detail and an understanding of its impact on the bigger picture.
• Commitment to continuous learning and staying current with industry trends and market conditions.
• Adaptability and decisiveness.
• Proficient in Microsoft Excel, Word, and PowerPoint

Responsibilities

• Examine and monitor developments at investment management firms and communicate relevant updates to clients.
• Manage projects by ensuring timely, high quality client deliverables, delegating work to analysts, providing guidance, and ensuring peer review.
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools.
• Produce accurate and detailed client reports through analysis of client-specific investment data, ongoing investment performance, and manager monitoring.
• Liaise with investment managers and custodians to gather and clarify client-specific data for reporting or any other client-related matters.
• Support investment manager searches, investment structure reviews, mutual fund selection, asset allocation studies, new business presentations, and other investment-related activities.
• Participate in quarterly or ad-hoc client meetings.
• Analyze and edit investment policy statements and conduct strategic portfolio structure and asset allocation analysis.

Skills

Analytical skills

Project management

Communication skills

Team collaboration

Multitasking

Attention to detail

Adaptability

Continuous learning

Education

Bachelor's degree in business or investments

Pursuing CFA/CAIA/CIMA/CIPM

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Job description

Company:

Mercer

Description

We are seeking a talented individual to join our Wealth team at Mercer, a Marsh business. This role can be based in Chicago, Columbus, Dallas, Denver, Irvine, Los Angeles, Minneapolis, Phoenix, Pittsburgh, San Francisco, Seattle, Southfield, or St. Louis and offers a hybrid work arrangement, requiring a minimum of three days per week in the office.

Institutional Investment Consulting Associate

You will play a key role in supporting investment advice for a diverse range of institutional clients and collaborating with experts to build portfolios, evaluate asset managers, and analyze portfolio performance. You'll ensure clear communication of critical updates and assist in managing consulting relationships through meeting coordination, project management, and timely delivery of reports.

We will count on you to:

• Examine and monitor developments at investment management firms and communicate relevant updates to clients
• Manage projects by ensuring timely, high quality client deliverables, delegating work to analysts, providing guidance, and ensuring peer review
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools
• Produce accurate and detailed client reports through analysis of client-specific investment data, ongoing investment performance, and manager monitoring
• Liaise with investment managers and custodians to gather and clarify client-specific data for reporting or any other client-related matters
• Support investment manager searches, investment structure reviews, mutual fund selection, asset allocation studies, new business presentations, and other investment-related activities
• Participate in quarterly or ad-hoc client meetings
• Analyze and edit investment policy statements and conduct strategic portfolio structure and asset allocation analysis

What you need to have:

• Bachelor's degree from an accredited institution with coursework in business or investment-related courses
• 2-5 years of relevant investment experience
• Actively pursuing or willing to obtain the CFA, CAIA, CIMA, or CIPM designation
• Knowledge of performance calculations, risk metrics, and portfolio construction
• Self-motivated and effective in a highly collaborative team environment
• Ability to multitask and manage multiple priorities in a rapidly changing, dynamic setting
• Strong analytical, project management, and communication skills
• High-level attention to detail and an understanding of its impact on the bigger picture
• Commitment to continuous learning and staying current with industry trends and market conditions
• Adaptability and decisiveness
• Proficient in Microsoft Excel, Word, and PowerPoint

What makes you stand out?

• Familiarity with a variety of institutional clients and plan types

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.

The applicable base salary range for this role is $67,000 to $134,000.

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.

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, 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 have a need that requires accommodation, 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.