Senior Associate, Institutional Investment Consultant

Marsh McLennan

Senior Associate supporting institutional investment consulting for Mercer, a global risk and investment advisory firm. Building portfolios, evaluating managers, analyzing performance, and advising clients.

Posted 8/29/2026full-timeChicago • California, Colorado, Illinois, Minnesota, Washington • 🇺🇸 United StatesSenior💰 $88,000 - $176,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in investment services, portfolio construction, and performance analysis while effectively communicating complex investment topics to diverse institutional clients. Proficient in project management and collaboration, with a strong commitment to continuous learning and adaptability in a dynamic environment.

Highest-signal resume keywords

Investment ExperienceCFA, CAIA, CIMA, or CIPM DesignationPerformance CalculationsProject ManagementClient Communication

ATS Keywords

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Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

Portfolio ConstructionPerformance AnalysisRisk MetricsInvestment Structure ReviewsAsset Allocation StudiesInvestment Manager SearchesMicrosoft ExcelMicrosoft WordMicrosoft PowerPoint

Soft Skills

Analytical SkillsCommunication SkillsSelf-MotivatedAdaptabilityDecisiveness

Tools & Technologies

AI ToolsTechnology-Enabled Tools

Certifications & Qualifications

CFACAIACIMACIPM

Industry Keywords

Institutional ClientsDefined ContributionDefined BenefitEndowmentFoundationInsuranceWealth Management

About the role

Key responsibilities & impact

Support investment services for diverse institutional clients
Collaborate with experts to build portfolios, evaluate asset managers, and analyze portfolio performance
Support client leads or serve as a client lead based on experience, knowledge, and skills
Work with client staff, investment committees, and boards to understand needs, objectives, and investment constraints
Examine and monitor developments in the economy, global capital markets, and asset management community
Communicate relevant market and industry updates to clients
Use AI and technology-enabled tools
Manage projects collaboratively by defining objectives, making recommendations, and ensuring timely, best-practice client deliverables
Liaise with investment managers, custodians, and Mercer experts to gather and clarify client-specific data
Support investment manager searches, investment structure reviews, asset allocation studies, new business presentations, and other investment activities
Participate in or lead quarterly or ad-hoc client meetings
Mentor and teach junior analysts

Requirements

What you’ll need

A bachelor's degree from an accredited institution with coursework in business or investment-related courses
5-10 years of relevant investment experience
Actively pursuing or already obtained the CFA, CAIA, CIMA, or CIPM designation
Knowledge of performance calculations, risk metrics, and portfolio construction
Self-motivated and effective in a highly collaborative team environment
Ability to multitask and manage multiple priorities in a rapidly changing, dynamic setting
Strong analytical, project management, and communication skills
Experience presenting complex topics to clients with varying levels of sophistication, across both traditional and alternative investments
Commitment to continuous learning and staying current with industry trends and market conditions
Adaptability and decisiveness
Proficient in Microsoft Excel, Word, and PowerPoint
Experience leading relationships with complex clients
Demonstrable communication of both traditional and alternative investments to clients
Familiarity with institutional clients and plan types, including defined contribution, defined benefit, endowment, foundation, insurance, and wealth management

Benefits

Comp & perks

Professional development opportunities
Interesting work and supportive leaders
Vibrant and inclusive culture
Career opportunities
Health and welfare benefits
Tuition assistance
401K savings
Other retirement programs
Employee assistance programs
Flexible work arrangement / remote-work flexibility
Professional development benefits of working together in the office