Senior Advisor

Internal Revenue Service; Lake Forest (CA); Hybrid; USD 122,000 - 245,000; Full time

Job summary

Mercer, a Marsh business, seeks an Investment Consultant based in multiple U.S. cities with a hybrid in-office requirement. You will advise institutional clients on investment objectives, policy, asset allocation, and manager selection while presenting updates to executives and expanding client relationships.

The role emphasizes fiduciary responsibilities, data-driven analysis, and collaboration with specialist teams. Strong PowerPoint/Excel skills and CFA/MBA being advantageous are preferred.

Qualifications

• Bachelor's degree in a related field.
• Experience advising institutional clients on investment objectives and asset allocation.
• Strong presentation and communication skills.

Responsibilities

• Advise defined benefit and defined contribution client portfolios.
• Present capital market updates to committees and stakeholders.
• Lead business development and expand client relationships.
• Coordinate with third-party managers and due diligence teams.

Skills

Investment consulting

Client relationships

Presentation skills

PowerPoint

Excel

Communication

Education

Bachelor's degree

CFA/MBA desirable

Tools

PowerPoint

Excel

CRM tools

Job description

We are seeking a talented individual to join our Wealth at Mercer, a Marsh business. This role will be based in Denver, Irvine, Los Angeles, Phoenix, San Francisco or Seattle. This is a hybrid role that has a requirement of working at least three days a week in the office.

As an Investment Consultant, you will advise institutional clients both defined benefit and defined contribution on investment objectives, policy, asset allocation, manager selection, and ongoing monitoring to optimize risk/return and meet fiduciary obligations. You'll present capital markets and performance updates to executive committees and stakeholders, build portfolio recommendations for large and jumbo clients, and analyze participant demographics and investment menu structure. You'll manage project plans, timelines, and budgets, and drive business development by expanding existing relationships and cultivating new clients.

We will count on you to:

• Determine clients' requirements and brief the team as appropriate, providing the direction and guidance required to ensure deadlines and services standards are met
• Maintain and expand client relationships
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools
• Ensure that specialist teams are involved in the provision of advice as and when appropriate
• Peer review reports, adding client-specific information and ensuring client suitability
• Direct the work of employees in a project team and coach/mentor junior colleagues
• Lead efforts to aggressively market and expand the Investment consulting business as well as Mercer's broader services as appropriate
• Gather data from various teams within Mercer on capital markets, manager research, and performance reporting
• As needed, interact with third-party investment managers and custodians for pertinent information
• Evaluate and synthesize key drivers of client portfolio performance given overall capital markets, third-party managers' investment styles and total portfolio characteristics
• Produce written quarterly materials in PowerPoint, including both content and formatting
• Understand client/prospect investment objectives and constraints
• Work with third-party manager due diligence team to evaluate and select investments to fulfill the asset allocation
• Monitor performance and business developments of third-party managers in client portfolios and notify clients of critical issues in an accurate and timely manner
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools.

What you need to have:

• Bachelor's degree required
• At least 8 years' of related investment industry experience
• Deep understanding of investments and retirement plans, including 401k, Defined Contribution and pension plans
• Experience with total portfolio management
• Experience responding to Requests for Proposal
• Experience creating and delivering presentations
• High level of proficiency in Microsoft Office, particularly PowerPoint and Excel
• Excellent organizational, interpersonal, verbal and written communication skills

What makes you stand out:

• Having CFA, CIMA, CAIA or MBA
• Experience prospecting for net new business
• Strong, demonstrated interest in capital markets and portfolio construction (not security selection), including the calculation and interpretation of standard risk/return metrics
• Strong, demonstrated interest in being client-facing and communicating technical (not necessarily financial) information concisely to clients

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 is a business of Marsh (NYSE: MRSH), 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 about Mercer, visit mercer.com. 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 $122,400 to $244,800.

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.