M

Marsh

Global insurance brokerage and risk advisory

Investment Consultant - DC Pensions

Full-Time
No salary listed
Senior
London, UK+5 moreMore locations: Edinburgh, UK | Leeds, UK | Bristol, UK | Glasgow, UK | Manchester, UK
HybridAt least three days per week in the local office or onsite with clients.
Finance & BankingAsset Management

About the job

Requirements
  • Circa 5 years’ experience in a defined contribution investment consulting role; UK defined contribution experience is ideal, and comparable experience is considered.
  • A relevant professional qualification or progress toward one, such as IMC, FIA/FFA, and/or CFA.
  • Strong client consulting and stakeholder management skills, with the ability to communicate clearly and credibly.
  • Proven experience supporting and/or leading investment advisory work, including monitoring, governance, and implementation.
  • A demonstrated commercial mindset, including contributing to business development through existing and new client opportunities.
Responsibilities
  • Lead defined contribution investment consulting work for mid-size to large clients, delivering and promoting Marsh’s services.
  • Support senior investment consultants on complex clients, including performance monitoring, strategy reviews, default strategy advice, investment changes, and updates to statutory documents.
  • Review and quality-check work produced by analysts and junior consultants using Marsh tools and approaches.
  • Manage elements of client relationship management, including budgets and commercial oversight for assigned clients.
  • Drive proactive revenue generation by retaining existing clients and expanding the range of services delivered across relevant lines of business.
Desired Qualifications
  • Experience advising UK defined contribution schemes on default strategy design, performance oversight, and investment change implementation.
  • Confidence building internal and external relationships at all levels, including clients, providers, and colleagues across teams.
  • A proactive, takes-initiative working style and comfort operating in a dynamic, collaborative environment.
  • Project management capability.
  • A track record of contributing to thought leadership or intellectual capital, such as client materials, insights, or market engagement.

About the company

Marsh is a diversified professional services firm that helps clients manage risk, secure insurance, and design risk-transfer programs. Its core work combines risk advisory with insurance brokerage, acting as a buyer of coverage and placing policies across multiple underwriters. It includes Mercer (HR consulting), Guy Carpenter (reinsurance brokerage), and Oliver Wyman (management consulting) under a holding structure. Its goal is to lower clients' financial risk and total cost of risk by combining risk transfer with advisory and consulting services across insurance, reinsurance, HR, and business strategy.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1871

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Simplify's Take

What believers are saying

  • Q1 2026 revenue reached $7.6 billion, up 8%, with 4% underlying growth.
  • Marsh launched Risk Companion on April 28, 2026, adding board-ready analytics and automation.
  • Marsh Nexus Captive Solution launched June 16, 2026, targeting multinational captive demand.

What critics are saying

  • Greensill litigation cost Marsh $425 million in Q1 2026, and related cases continue.
  • Insurance and reinsurance pricing pressure hit Guy Carpenter in Q1 2026, slowing growth.
  • AI brokers like Risk Companion invite commoditization; client self-service erodes pricing power by 2027.

What makes Marsh unique

  • Marsh combines global brokerage, captive advisory, and AI tools like Risk Companion.
  • Marsh Japan bought Mitsubishi Electric Insurance Service on November 4, 2025, deepening Japanese access.
  • Marsh spans risk, employee benefits, and consulting through Marsh, Mercer, Guy Carpenter.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Paid Vacation
  • Paid Sick Leave
  • Hybrid Work Options
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Employee Stock Purchase Plan
  • Professional Development Budget

Company News

Antlers American
Oct 20th, 2026
Marsh prices $1.3B senior notes as pension index shows ageing populations strain retirement systems

Marsh has priced a €1.2 billion senior notes offering, split into two equal tranches. It will use the net proceeds for general corporate purposes. The offering includes €600 million of 4.250% notes due 2032 and €600 million of 4.625% notes due 2036. Closing is expected on October 27, 2026, subject to customary conditions. Separately, Marsh and CFA Institute released the 18th annual Global Pension Index, which compares 55 retirement systems. The Netherlands, Denmark, Iceland, Singapore, Israel and, for the first time, Australia earned an A grade. The average index score rose 1.1 points from 2025. The report urges governments to set clear pension goals, prioritise funding, and make retirement design more flexible.

Associated Press
Sep 9th, 2026
Milken Institute report outlines five models to close $200B annual disaster resilience funding gap

The Milken Institute has released a report identifying financing pathways for climate resilience investment as global disaster losses exceed $200 billion annually over the past decade. Produced with Marsh, the report proposes five models to mobilise private capital for community resilience, including stakeholder-driven community plans, revolving loan funds, and resilience bonds. The research highlights a widening protection gap, with uninsured losses now representing over half of total disaster losses worldwide. Last year's LA Fires caused between $76 billion and $131 billion in economic losses, leaving seven in 10 survivors displaced over a year later. The report emphasises collaboration between public and private sectors, noting that early insurer engagement is essential. One model is already being considered for Altadena's rebuild following the fires.

Associated Press
Aug 31st, 2026
US employers plan 3.2% merit pay rises for 2027 amid economic uncertainty

US employers plan to maintain moderate salary increases in 2027, according to Marsh's Mercer QuickPulse survey of 1,001 organisations. Base salary merit increases are projected at 3.2%, with total salary increases at 3.5%, marking four consecutive years of similar rates. Economic uncertainty continues influencing compensation decisions, with 57% of employers expecting at least moderate impact. High Tech (3.8%), Banking (3.7%), and Energy (3.6%) lead in merit budgets, whilst Consumer Goods (2.9%) and Healthcare (3.0%) lag behind. Employers expect to promote 8.4% of their workforce in 2027, down from 8.6% in 2026. Off-cycle salary adjustments remain common, with 64% of organisations providing them. AI adoption in compensation planning is growing, with 70% of organisations reporting some automation, primarily for market pricing recommendations and benchmarking.

Yahoo Finance
Apr 17th, 2026
Marsh beats Q1 estimates with $7.6B revenue, $3.29 EPS as organic growth hits 5%

Marsh reported Q1 revenue of $7.6 billion, up 7.6% year-over-year, beating the consensus estimate of $7.38 billion by 2.88%. Earnings per share came in at $3.29, compared to $3.06 in the prior-year quarter, surpassing the consensus estimate of $3.21 by 2.46%. Key metrics showed mixed performance against analyst expectations. Consolidated organic revenue growth of 5% exceeded the 3.5% estimate, whilst consulting organic growth of 5% topped the 4.4% forecast. However, Guy Carpenter's organic growth of 2% fell short of the 4.2% estimate. Geographically, Marsh's EMEA division generated $1.21 billion in revenue, up 14.1% year-over-year and beating estimates. Mercer consulting revenue reached $1.66 billion, an 11% increase that surpassed the $1.58 billion consensus.

wallstreet:online AG
Jul 28th, 2025
Mitsubishi Electric to Transfer Shares of Insurance Subsidiary to Marsh Japan

28.07.2025 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has concluded a share transfer agreement under which it will transfer shares of its Tokyo-based subsidiary Mitsubishi Electric Insurance Service Co., Ltd. to Marsh Japan, Inc. on ...