Defined Contribution (DC) Consultant / Senior Consultant

Company:

Mercer

Description:

At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We’re in the business of creating more secure and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, assuring income for retirement or aligning workers with workforce needs. Using analysis and insights as catalysts for change, we anticipate and understand the individual impact of business decisions, now and in the future. We see people’s current and future needs through a lens of innovation, and our holistic view, specialized expertise, and deep analytical rigor underpin each and every idea and solution we offer. For more than 70 years, we’ve turned our insights into actions, enabling people around the globe to live, work, and retire well. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. At Mercer, we say we Make Tomorrow, Today. Visit www.mercer.com for more information and follow us on LinkedIn and Twitter @Mercer

Mercer Canada is seeking a Defined Contribution (DC) Consultant / Senior Consultant for our Montreal, Ottawa or Quebec office

What can you expect?

In this role, you will deliver a full range of services to institutional clients who sponsor or intend to set up a group retirement savings plan as well as work in a co-consulting capacity with other senior DC consultants in the delivery of complex advice to large DC clients.

What is in it for you?

Mercer Canada offers competitive benefits and a thriving culture to allow you to shine at work:

• At Mercer, we’re as invested in creating brighter futures for our own people as we are for our clients. To help you reach your full potential, we offer a culture, benefits and resources that support your wellbeing and career development.
• A business which values internal mobility, collaboration and partnership;
• Employee groups to help you find a mentor connect with leaders and support you in your dealings with external businesses and associations.
• The opportunity to network, share views, and learn from others by getting involved with our Business Resource Groups: PRIDE, Racial & Ethnic Diversity, Women@Mercer and Rising Professionals Network.
• The chance to make a positive difference in your local community by using your paid time off to volunteer through events organized by Mercer Cares, our community outreach and volunteerism BRG.
• A huge variety of virtual learning and development resources to support your personal and professional growth.
• Competitive rewards supporting your financial wellbeing, including compensation, retirement savings, and more.
• Offerings geared at your overall wellness, including comprehensive medical, dental, vision, and fitness benefits, as well as life insurance and child and elder care programs.
• A dynamic, collaborative and inclusive culture, where diversity is valued and where you are recognized and valued for who you are.

We will count on you to:

• Act as primary consultant for a number of mid-sized to large-size clients
• Provide or, with the support of other subject matter experts, be actively involved in the delivery of advice to a wide range of institutional clients on all DC aspects, including:
• Financial wellness
• 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 on-going 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 for instance through direct client/prospect approach or by 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

What you need to have: 

• A bachelor’s degree in business, finance, economics, or other business-related areas with strong quantitative and analytical course content
• The ideal candidate should possess strong interpersonal and communication skills in order to successfully interact with clients and prospects
• A minimum of 5 years of work experience for Consultant and 8 years for Senior Consultant with Defined Contribution plans in the capacity of plan sponsor, consultant or relationship manager with a record keeper
• Fluent bilingualism (English and French)
• Strong analytical and project management skills
• As required by financial markets regulators, group annuity plans advisor designation or enrollment to achieve the certification within your first year will be expected

What makes you stand out:

• Experience in client relationship management
• Passion for delivering the best service to clients
• Ability to engage in deeper conversations beyond traditional investment topics for meaningful change around financial wellbeing and plan governance
• Be comfortable working in an environment where change is certain as the DC market is rapidly changing and evolving
• Looking for a long-term and dynamic career
• CFA, ASA or FICA certification is considered an asset

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $20 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 mercer.com. 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, or any other characteristic protected by applicable law.

In accordance with applicable legislation, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact TANA@mmc.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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