Defined Contribution (DC) Consultant / Senior Consultant

Marsh McLennan • Toronto, Ontario, Canada • 15h ago

Description:

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
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
Excellent analytical and project management skills
Experience in client relationship management; 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 your first year will be expected

What makes you stand out?

Be comfortable working in an environment where change is certain as the DC market is rapidly changing and evolving
CFA, ASA or FICA certification
Life License or Completion of the Life License Qualification Program

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.

Marsh McLennan

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