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Senior Retirement Consultant

Senior Retirement Consultant

Marsh McLennanChicago, IL, US
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Senior Defined Contribution Consultant

We are seeking a talented individual to join our Defined Contribution Consulting team at Mercer. This role will be based anywhere a Mercer office. This is a hybrid role that has a requirement of working at least three days a week in the office.

As a Senior Defined Contribution Consultant, you will partner with other Wealth colleagues and client managers to tell the story that differentiates Mercer. You will be expected to take the lead in selling and delivering non-investment related project work and retainer services. You will work with clients that sponsor large defined contribution plans (typically over $500 million in assets) by designing customized solutions to meet their strategic needs. You will be expected to bring leadership and expertise to both the local market and the broader national DC Consulting team, and participate in the development of intellectual capital and mentor junior consultants.

We will count on you to :

  • Lead or participate in new business proposals to prospects and extend the range of services provided to existing Mercer clients as appropriate; developing new client relationships will be a focus.
  • Serve as Mercer's expert internally and in the marketplace on defined contribution plans for not-for-profit organizations and governmental agencies.
  • Sell, lead and deliver client projects involving plan design, recordkeeping vendor management, vendor search and fee benchmarking, Committee governance, compliance reviews, and administration consulting.
  • Assist with the expansion of services to existing not-for-profit and governmental DC clients by maintaining ongoing relationships, identifying opportunities for expanded services and supporting investment retainer clients.
  • Help to guide and direct execution of long-term DC strategy while providing direction and focus in the local market; engage and train staff to deliver services to large or jumbo clients.
  • Routinely use Mercer intellectual capital, and participate in development of DC intellectual capital for the US.
  • Mentor junior staff to enhance technical knowledge as well as client facing skills and expand DC expertise through regular project interactions and direct coaching.
  • Participate in internal initiatives to support the growth of the DC Retirement business.
  • Stay current with the DC regulatory and legislative landscape to bring awareness to clients and internal staff, as appropriate.

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 not-for-profit and governmental retirement plan design and operations : nondiscrimination testing, compliance, plan administration and governance as well as the relevant DC vendor marketplace.
  • Experience presenting to executive leadership at clients.
  • Experience with 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.
  • Proven sales results.
  • Proven financial project management.
  • What makes you stand out?

  • Deep subject matter and marketplace expertise.
  • Creativity and ability to adapt to client needs.
  • Experience.
  • Why join our team :

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We are a leader in the Defined Contribution Consulting marketplace with a focus on servicing large, complex clients.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
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    Retirement Consultant • Chicago, IL, US

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