Defined Contribution Consultant
MMC

Job Info

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In the US market, we are a leading provider of investment consulting, plan design and record keeper benchmarking services as well as a leader in the provision of delegated (OCIO) services. Mercer has over $2.5trn in DC assets under advice and over $60bn in multi-manager DC assets under management globally. We are seeking to aggressively expand these institutional services across market segments into individually focused financial services and solutions via our financial wellness platform.

Mercer's Wealth business is seeking candidates for the following position that can be performed remotely.

Sr. Defined Contribution Consultant

What can you expect?

• Serve as the lead consultant to defined contribution clients with large/jumbo plans typically with more than $500M in assets.
• Lead client projects involving plan design, recordkeeping vendor management, vendor search and fee benchmarking, governance and compliance services, and administration consulting with not for profit and corporate plan sponsors .
• Cultivate new business through by developing relationships with Mercer clients in other lines of business and responding to prospect opportunities.
• Serve as the subject matter expert on defined contribution topics outside of investments, and ensure clients and prospects are aware of the various ways Mercer can support their initiatives including consulting and investment services
• Direct analyst staff to execute client projects and oversee development of client deliverables.

What's in it for you?

• Successful candidates will partner with an experienced team to provide strategic consulting to large, complex organizations. Once established, the chosen candidate will also have an opportunity to assist in driving thought leadership and client services for a leader in independent DC consulting.
• We are the globalleader in the Health, Wealth and Career business. We deliver innovative solutions that address the needs of our clients, their leaders and their employees.
• As part of Mercer, you will have access to the strongest industry leaders in topical HR issues, work with a team that is best in class, and you will have the MMC brand behind you
• You will work with local, national and global teams to meet your client's needs.Coordinating the best resources for your clients to help solve their needs.
• Using the Mercer brand, you will tell the Mercer story to other organizations around the geography that could benefit from Mercer's services.Introducing the best thought leaders from Health, Wealth and Career.
• Through regular engagement with clients and other colleagues you will have the opportunity to learn, grow and enhance skills that will allow you to develop your career proactively

We will count on you to:

• Assisting with new business proposals to prospects and extending the range of services provided to existing Mercer clients as appropriate; emphasis on new ongoing relationships
• Assisting with the expansion of services to existing DC clients by maintaining ongoing relationships and supporting investment retainer clients
• Helping to guide and direct execution of long-term DC strategy, direction and focus in the West market; engaging and training staff to deliver services to large or jumbo clients
• Routinely using Mercer intellectual capital, and participating in development of DC intellectual capital for the US
• Mentoring junior staff to enhance client facing skills and expand DC expertise through regular interactions and coaching
• May also be responsible for participating in internal initiatives supporting the growth of the DC Retirement business, or managing a team aligned to support new business proposals and ongoing relationships

What you need to have:

• Bachelor's degree
• Minimum 10 years' experience in benefits consulting with proven ability to sell and deliver Defined Contribution retirement consulting services to senior business leaders
• Strong to expert working knowledge of retirement plan operations: nondiscrimination testing, compliance,plan administration and governance
• Knowledge of DC vendor marketplace
• Experience with not-for-profit as well as private sector clients a plus

What makes you stand out?

• Experience with not-for-profit as well as private sector clients a plus
• Experience in leading large projects, orchestrating multiple complex projects for large clients
• Proven project management skills in leading large complex projects and managing client expectations
• Risk identification and implementation of solutions for clients
• Time management
• Ability to influence and negotiate with internal and external stakeholders
• Proven financial project management

In addition to the base salary, these positions 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 asemployee assistance programs.

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's more than 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, with 83,000 colleagues and annual revenue approaching $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit https://www.mercer.com/. Follow Mercer on Twitter @Mercer.

Marsh McLennan and its Affiliates are EOEMinority/Female/Disability/Vet/SexualOrientation/Gender Identity employers.

The applicable base salary range for this role is $108,000 to $180,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. 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.

This job has expired.