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Defined Contribution Consultant

We are seeking a talented individual to join our Defined Contribution (DC) team at Mercer, a Marsh business. This role will be based in our East zone. This is a hybrid role that has a requirement of working at least three days a week in the office.

This position will serve as the lead consultant and advisor to a book of defined contribution clients with plans between $25M and $500M in assets. The DC Consultant will support clients on an ongoing basis with respect to plan investments, plan design and fee benchmarking, recordkeeping vendor management, fiduciary governance practices and employee engagement strategies.

We will count on you to:

• Present plan review/investment review reports to clients for advisory and OCIO engagements
• Retain and grow a book of business by developing long-term mutually beneficial relationships with clients and decision makers within your existing client base; and other Mercer lines of business
• Serve as the subject matter expert on a variety of defined contribution topics, and ensure clients and prospects are aware of the various ways Mercer can support their initiatives including plan design consulting, investment advisory services, and delegated OCIO services
• Conduct plan document/SPD, operational and compliance reviews as needed; demonstrate strategic plan design knowledge of DC retirement plans
• Oversee RFP/RFI marketing process, strategy and transition; present RFP/RFI marketing results to client
• Exhibit solid understanding of the defined contribution landscape, anticipate and uncover client needs and create a scope of services around those needs
• Ensure timely delivery and accuracy of all client work
• Ensure consistent compliance and professional standards into all work processes including transparency and peer review for team/projects
• Cultivate new business through professional networks, events, conferences etc.
• Participate in sales activity and assist other consultants and sales professionals in developing opportunities and corresponding strategy

What you need to have:

• 4+ years or more experience including a demonstrated track record of providing investment advice and consulting/strategy for retirement plans
• A strong understanding of the defined contribution landscape including fiduciary topics, investments, plan design trends, administrative practices, employee engagement and retirement readiness trends, and the broad range of services providers
• The ability to contribute to the development of new ideas and ways to solve client problems and make the team more efficient at the local and zone level
• A track record of building intellectual capital for business development and client delivery
• Strong presentation skills

What will make you stand out:

• Experience with 401(k) plans, 403(b) plans - Non-Profit Organizations and 457(b) – Government
• Demonstrated experience in a client management role, business development, ability to handle client inquiries on a day-to-day basis, professional attitude, able to evaluate issues, objections, operational and plan design issues; excellent personal, telephone and communication skills, etc.
• Experience conducting seminars for clients and presents at conferences, effectively communicating a point of view and thought leadership

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 impact for 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.

The applicable base salary range for this role is $88,000 to $176,000. 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.