Investment Consulting Senior Associate

Mercer; Dallas (TX); Hybrid; USD 88,000 - 176,000; Full time

Benefits offered by this job

Health benefits

401K savings plan

Tuition assistance

Employee assistance programs

Job summary

Marsh is seeking an Investment Consulting Senior Associate to support a diverse institutional client base within the Investments and Retirement team. The role can be based in Chicago, Dallas, Denver, Irvine, Los Angeles, Minneapolis, Pittsburgh, San Francisco, Seattle, or St.

Louis, with a hybrid model requiring three in-office days per week. You will assist in portfolio construction, asset manager evaluation, and performance analysis while mentoring junior analysts and coordinating with Mercer

Qualifications

• Bachelor's degree from an accredited institution with business/investment coursework.
• 5–10 years of relevant investment experience.
• Pursuing or obtained CFA/CAIA/CIMA/CIPM designation.
• Knowledge of performance calculations, risk metrics, and portfolio construction.
• Strong analytical and communication skills.
• Ability to multitask in a dynamic setting.
• Experience presenting complex topics to clients.
• Proactive learner and adaptability.

Responsibilities

• Understand client needs, objectives and constraints.
• Monitor economy, markets, and asset management trends and update clients.
• Collaborate using AI and technology-enabled tools.
• Manage projects with defined objectives and timely deliverables.
• Liaise with investment managers, custodians and Mercer experts.
• Support investment manager searches and asset allocation studies.
• Lead quarterly or ad-hoc client meetings.
• Mentor junior analysts.

Skills

Investment experience

CFA/CAIA/CIPM

Performance calculations

Risk metrics

Portfolio construction

Excel proficiency

Communication skills

Project management

Team collaboration

Multitasking

Education

Bachelor's degree

Tools

Excel

PowerPoint

Word

Job description

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

As an Investment Consulting Senior Associate, you will play a key role in supporting the range of investment services provided to a diverse range of institutional and endowment and foundation 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:

• A bachelor's degree from an accredited institution with coursework in business or investment-related courses
• 5-10 years of relevant investment experience
• Actively pursuing or already obtained 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
• Experience presenting complex topics to clients with varying levels of sophistication, across both traditional and alternative investments
• 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?

• Experience leading relationships with complex clients
• Demonstrable communication of both traditional and alternative investments to clients
• Familiarity with a variety of 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 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.

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.