Investment Analyst (Equity Portfolio Management)

Marsh & McLennan Companies, Inc.; Boston (MA); Hybrid; USD 90,000 - 180,000; Full time

Job summary

Mercer, a Marsh McLennan company, seeks an Investment Analyst to join the US Equity Portfolio Management team in a hybrid role based in Boston or Chicago. You will support data-driven insights, tool development, and the public equity rebalancing process, contributing to multi-manager portfolio construction and risk monitoring.

Qualifications include a finance-related BA/BS, CFA progress, 2–4 years of equity investment experience, and strong analytical/written communication skills.

Qualifications

• BA/BS in finance, economics or related field with quantitative focus.
• Progress towards CFA exam.
• 2-4 years of investment experience, preferably in equity manager selection and/or equity portfolio construction.
• Strong analytical and writing skills.
• Ability to multi-task and manage multiple priorities in a fast-paced environment.
• Proficient in Excel and MS Office.

Responsibilities

• Developing relevant client takeaways based on quantitative data.
• Build and enhance existing tools.
• Understand the public equity model and the quarterly rebalancing process.
• Develop multi-manager portfolios including manager selection (buy/sell decisions).
• Portfolio risk decomposition (structure vs. manager selection).
• Monitor and evaluate manager performance; decompose portfolio risk.

Skills

Analytical skills

Excel

Communication

Team collaboration

Education

BA/BS in finance or related field

Progress towards CFA exam

Tools

Excel

MS Office

Job description

Company:

Mercer

Description:

We are seeking a talented individual to join our Investments team at Mercer This role can be based in Boston or Chicago and offers a hybrid work arrangement, requiring a minimum of three days per week in the office.

As a Investment Analyst and a member of our US Equity Portfolio Management team, you will support the team’s efforts to bring value enhancing solutions to a range of client types. The role will encompass analytical support for the broader equity investment team. As a team member, you will work on projects involving data-driven client insights, tool development and enhancement, understanding the public equity model and rebalancing process, building multi-manager portfolios, analyzing portfolio risk, and monitoring manager performance.

We will count on you to:

• Developing relevant client takeaways based on quantitative data
• How to build and enhance existing tools
• Understanding the public equity model and the quarterly rebalancing process
• How multi-manager portfolios are built, including developing an effective portfolio thesis, fund structure and manager selection (buy and sell decision)
• Portfolio risk decomposition (portfolio structure vs. manager selection)
• Manager monitoring and performance evaluation, and decompose portfolio risk

What you need to have:

• BA/BS degree in finance, economics, or a related business field with a strong foundation in quantitative and analytical skills
• Progress towards the CFA exam
• 2-4 years of investment experience preferably in equity manager selection and/or equity portfolio construction
• Intellectual curiosity, tenacity, and willingness to take on new opportunities
• Strong analytical skills and attention to detail, ability to multi-task, manage multiple priorities and work in a rapidly changing environment
• Strong writing and communication skills
• Managing Relationships: Demonstrated ability in building strong relationships with colleagues across different divisions
• Planning and Organizing: Ability to effectively prioritize workload to support the team
• Proficient in Excel and working knowledge of the MS Office suite

What makes you stand out?

• Strong team collaboration skills with a positive, proactive attitude
• Quick learner with the ability to absorb new information and take ownership of tasks
• Adaptable and capable of thriving in a dynamic, high-performing environment while supporting colleagues

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.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

Marsh McLennan 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 McLennan 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 McLennan 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 $90,000 to $180,000.

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.