Investment Strategy Associate
Marsh McLennan | New York | www.jobvertise.com |
Mercers Wealth Pension Strategy and Solutions Group is seeking candidates for the following position located in the New York, Boston, or Philadelphia office:
Investment Strategy Associate
What can you expect?
The Investment Strategy Associate will be part of the Pension Strategy and Solutions Group within Mercers Wealth Business, focusing on Mercer's Outsourced Chief Investment Officer (OCIO) clients.
The team develops asset allocation strategy, portfolio structure, and risk transfer ideas for clients, with a focus on corporate retirement plans (defined benefit and defined contribution plans).
Whats in it for you?
A company with a strong brand, with experience developingsolutionsfortodays and tomorrows toughest challenges
The opportunity to partner with an experienced team to provide investment strategy and consulting to Mercers clients
A culture of internal mobility, diversity, inclusion, and collaboration
A company-wide emphasis on Corporate Social Responsibility all colleagues receive 8 hours of paid time off for volunteering, with the option to join organized group activities
Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance); plus a 401k with a fixed company contribution AND a company match
We will count on you to:
Support lead investment strategists on strategic asset allocation studies
Provide analytical support on glide path design, asset allocation and liability hedge portfolio construction
Support the on-boarding process for new clients
Help maintain daily monitoring valuation model for clients, and provide ongoing updates for clients
Coordinate with operations and trading team on daily processes for funded status review and trading
Perform plan demographic analysis of defined contribution plans
Develop efficient portfolios and model custom target date fund designs for defined contribution plans
Perform stochastic analysis for development of custom target date funds
Help monitor investment de-risking trigger points for glide path clients
Work closely with client service teams to prepare quarterly reporting materials, including funded status performance and attribution analysis
Perform liability and asset risk analysis utilizing risk modeling tools
What you need to have:
BA/BS degree in actuarial science, mathematics, economics, or other business-related areas having strong quantitative and analytical analysis.
3+years of relevant experience in a pension-related actuarial or investment role
The ideal candidate will have strong analytical skills, with actuarial and pension liability background, and will be able to apply processes and procedures to support the strategy setting process andclient on-boarding process
Must have the ability to work autonomously and to co-ordinate across multiple parts of the business
Strong quantitative skills, project management and communication skills
The candidate will be able to develop an understanding of pension risk management and liability hedge portfolio construction techniques and methodologies
High proficiency in Microsoft Excel and PowerPoint
Self-motivated, with an ability to work well in a highly collaborative team environment
Ability to multitask, manage multiple priorities and work in a rapidly changing and dynamic environment
High-level attention to detail and an understanding of its application to the bigger picture
Ability to acclimate quickly to understand asset-liability risk management and business concepts and apply critical thinking to the issues which will arise during projects
What makes you stand out:
Desire to progress on actuarial or CFA exams, and be prepared to take and pass actuarial or CFA exams
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercers approximately 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 worlds leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $23 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 (link removed). Follow Mercer 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 removed)
The applicable base salary range for this role is $64,800 to $129,600.
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.
Investment Strategy Associate
What can you expect?
The Investment Strategy Associate will be part of the Pension Strategy and Solutions Group within Mercers Wealth Business, focusing on Mercer's Outsourced Chief Investment Officer (OCIO) clients.
The team develops asset allocation strategy, portfolio structure, and risk transfer ideas for clients, with a focus on corporate retirement plans (defined benefit and defined contribution plans).
Whats in it for you?
A company with a strong brand, with experience developingsolutionsfortodays and tomorrows toughest challenges
The opportunity to partner with an experienced team to provide investment strategy and consulting to Mercers clients
A culture of internal mobility, diversity, inclusion, and collaboration
A company-wide emphasis on Corporate Social Responsibility all colleagues receive 8 hours of paid time off for volunteering, with the option to join organized group activities
Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance); plus a 401k with a fixed company contribution AND a company match
We will count on you to:
Support lead investment strategists on strategic asset allocation studies
Provide analytical support on glide path design, asset allocation and liability hedge portfolio construction
Support the on-boarding process for new clients
Help maintain daily monitoring valuation model for clients, and provide ongoing updates for clients
Coordinate with operations and trading team on daily processes for funded status review and trading
Perform plan demographic analysis of defined contribution plans
Develop efficient portfolios and model custom target date fund designs for defined contribution plans
Perform stochastic analysis for development of custom target date funds
Help monitor investment de-risking trigger points for glide path clients
Work closely with client service teams to prepare quarterly reporting materials, including funded status performance and attribution analysis
Perform liability and asset risk analysis utilizing risk modeling tools
What you need to have:
BA/BS degree in actuarial science, mathematics, economics, or other business-related areas having strong quantitative and analytical analysis.
3+years of relevant experience in a pension-related actuarial or investment role
The ideal candidate will have strong analytical skills, with actuarial and pension liability background, and will be able to apply processes and procedures to support the strategy setting process andclient on-boarding process
Must have the ability to work autonomously and to co-ordinate across multiple parts of the business
Strong quantitative skills, project management and communication skills
The candidate will be able to develop an understanding of pension risk management and liability hedge portfolio construction techniques and methodologies
High proficiency in Microsoft Excel and PowerPoint
Self-motivated, with an ability to work well in a highly collaborative team environment
Ability to multitask, manage multiple priorities and work in a rapidly changing and dynamic environment
High-level attention to detail and an understanding of its application to the bigger picture
Ability to acclimate quickly to understand asset-liability risk management and business concepts and apply critical thinking to the issues which will arise during projects
What makes you stand out:
Desire to progress on actuarial or CFA exams, and be prepared to take and pass actuarial or CFA exams
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercers approximately 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 worlds leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $23 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 (link removed). Follow Mercer 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 removed)
The applicable base salary range for this role is $64,800 to $129,600.
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.
Don’t miss out on new job openings!
Create a job alert for: Actuarial Associate, New York
It's free, and you can cancel email updates at any time