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Senior Investment Associate

Employer
Marsh and McLennan
Location
Minneapolis
Salary
Competitive

View more

Come join our specialized team providing investment services to not-for profit institutions including healthcare systems, university endowments, and public and private foundations.

Pavilion, a Mercer Practice, is looking for a Senior Investment Associate to join our team!

What can you expect?

  • The Senior Associate is part of the client-facing investment team working to develop the strategic asset allocation and investment portfolios for institutional asset pools. This particular role will have a focus on not-for-profit clients (e.g. endowments, foundations, healthcare systems, etc.)
  • The Senior Associate function within the client team is to sit between the senior consultant and the junior analyst(s). They would be responsible primarily for managing client projects and deliverables for both existing and prospective clients.
  • A primary work product will be reports and presentations to support quarterly meetings created with Mercer Proprietary tools as well as Microsoft Office tools.
  • In addition to quarterly meeting materials, the Senior Associate will have a large role in 1) developing the strategic asset allocation and 2) selecting and overseeing underlying investments.
  • In support of the senior consultant and client relationships, the Senior Associate may participate in quarterly meetings and interact with client staff and committee members.
  • The Senior Associate will support senior investment consultants in business development efforts as well as white paper development.

What is in it for you?

  • At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We deliver innovative solutions that address the health and financial wellness needs of our clients and their employees.
  • We offer a generous benefits program.

What you need to have:

  • Bachelor's degree from an accredited college/institution with demonstrated work in business/investment-related courses5+ years of related investment industry experience
  • High level of proficiency in Microsoft Office, particularly PowerPoint and Excel
  • Excellent organizational, interpersonal, verbal and written communication skills

We will count on you to:

  • 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 quantitative models to develop multi-asset portfolios and evaluate them based on standard quantitative risk/return portfolio management metrics
  • 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

What makes you stand out?

  • 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
  • Interest and/or experience in working with institutional clients, particularly not-for-profit

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 44 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 76,000 colleagues and annual revenue of $17 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 . Follow Mercer on Twitter .

Marsh & McLennan Companies offers competitive salaries and comprehensive benefits. For more information about our company, please visit us at: . We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

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