Defined Contribution (DC) Senior Consultant

We are seeking a talented individual to join our Wealth Investment Consulting team at Mercer. This role is based in Toronto and requires a hybrid work arrangement, with at least three days a week in the office.

Responsibilities

• Act as primary consultant for a number of mid‑sized to large‑size clients
• Provide or, with support from subject matter experts, be actively involved in the delivery of advice to a wide range of institutional clients on all DC aspects, including:
  • Financial wellbeing
  • Plan design and benefit adequacy evaluation
  • Selection of record keepers and ongoing monitoring of overall DC plan operations; review of vendor contracts
  • Establishment of project plans for DC plan implementations and management of timelines, deliverables and budgets
  • Design of optimal investment structures, as well as selection and ongoing monitoring of investment managers and funds
  • Structuring of customized portfolio solutions
  • Fee competitiveness assessment
  • Plan governance process development, implementation and ongoing application
  • Compliance with regulatory requirements and other legal support
  • Preparation or review of member communication materials as needed to supplement the materials provided by record keepers
  • Elaboration of reports on special projects
• Build strong relationships with and manage all aspects of consulting relationships for assigned DC clients
• Contribute to business development through direct client/prospect approach, responding to requests for proposal for DC services, participating in shortlist presentations and responding to requests and leads from colleagues in other lines of business
• Contribute to the expansion and ongoing maintenance of our DC intellectual capital

Qualifications

• Bachelor's degree in business, finance, economics, or other business‑related areas with strong quantitative and analytical coursework
• 5 years of work experience for Consultant or 8 years for Senior Consultant with Defined Contribution plans in the capacity of plan sponsor, consultant or relationship manager with a recordkeeper
• Strong interpersonal and communication skills to successfully interact with clients and prospects
• Ability to engage in deeper conversations beyond traditional investment topics for meaningful change around financial wellbeing and plan governance
• Ability and experience supporting investment manager/structure decisions
• Excellent analytical and project management skills
• Experience in client relationship management and a passion for delivering the best service to clients
• As required by financial markets regulators, group annuity plans advisor designation or enrollment to achieve the certification within the first year will be expected

Preferred Qualifications

• Comfortable working in an environment where change is constant as the DC market rapidly evolves
• CFA, ASA or FICA certification
• Life License or Completion of the Life License Qualification Program

Benefits

• Professional development opportunities, interesting work and supportive leaders
• Vibrant and inclusive culture with talented colleagues to create new solutions and make an impact for colleagues, clients and communities
• Range of career opportunities and benefits and rewards to enhance well‑being

We offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs and employee assistance programs.

Pay

The applicable base salary range for this role is $109,200 to $159,200. The base pay offered will be determined by factors such as experience, skills, training, location, certifications, education and any applicable minimum wage requirements. In addition to the base salary, this position may be eligible for performance‑based incentives.

Work Arrangement

Hybrid work is required, with flexibility to work remotely and collaboratively. All colleagues are expected to be in the local office or working onsite with clients at least three days per week.

Diversity & Inclusion

Marsh 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, or any other characteristic protected by applicable law. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh will provide reasonable accommodation to employees and prospective employees at the point of undue hardship upon request and as required. If you require a specific accommodation because of a disability or medical need, please contact View email address on ca.talent.com.

This is a Replacement position.