M

Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Business Development Manager - MPS, Fundhouse

Full-TimeUpdated on 10/24/2026
No salary listed
Mid
London, UK
Hybrid
Sales & Account ManagementBusiness Development & Partnerships

About the job

Requirements
  • Prior experience working with financial advisers and Model Portfolio Service clients.
  • Experience in relationship management, prospecting, and service delivery.
  • Ability to demonstrate an understanding of markets and portfolios, with an interest in staying informed about current team perspectives and broader market developments.
  • Ability to engage confidently with a diverse range of clients.
  • Ability to work independently and as part of a team.
  • Attention to detail and ability to clearly articulate investment views to clients.
  • Awareness of compliance responsibilities and professional standards.
  • Access to a car and a driving licence are essential.
Responsibilities
  • Identify and contact potential clients, respond to inbound leads, arrange introductions, host meetings, and follow up promptly to progress opportunities through conversion.
  • Collaborate on or lead business development webinars and regional events.
  • Maintain comprehensive knowledge of Fundhouse services, investment solutions, and market views.
  • Host virtual and in-person meetings, with support from the Investment Management team as needed.
  • Demonstrate market knowledge and understanding of asset allocation, fund research, and portfolio construction.
  • Prepare and update presentation decks, requests for proposals, brochures, proposals, and articles tailored to client needs and market demand.
  • Participate in project-based initiatives and internal Model Portfolio Service forums focused on enhancing client experience and business development.
  • Solve problems and deliver practical solutions.
  • Acquire, develop, and manage relationships with new prospects to support the growth of the Model Portfolio Service offering.
  • Maintain and service relationships with new and existing clients and deliver high-touch service.
  • Travel frequently to meet clients and host events.
Desired Qualifications
  • Prior experience managing client relationships and prospecting.
  • Strong people skills, professional ethics, and desire to build lasting client relationships.
  • Motivation to drive growth of the Model Portfolio Service business.

About the company

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

New York, NY

Founded

1871

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Simplify Jobs

Simplify's Take

What believers are saying

  • Consulting drives growth: Mercer and Oliver Wyman's group grew 8% organically in the June 2026 quarter, versus 3% for broking.
  • Profits cushion jobs: Marsh kept about 27 cents of operating profit per sales dollar in 2025, before one-time costs.
  • Many career paths under one employer: 95,000+ colleagues span broking, reinsurance, benefits and strategy consulting in 130 countries.

What critics are saying

  • Expect cuts: Thrive, announced October 2025, sets aside $500 million, mostly severance and technology, to save $400 million yearly.
  • Pricing works against broking: Marsh's index shows commercial rates fell 6% in the June 2026 quarter, an eighth straight drop.
  • Back-office roles are being consolidated: a Business and Client Services unit is pooling operations and technology teams company-wide.

What makes Marsh & McLennan unique

  • Consulting is a third of the business: Mercer and the Oliver Wyman group earned 36% of 2025 revenue.
  • Investment management sets it apart: Mercer is the world's largest outsourced chief investment office, running portfolios for institutions.
  • Scale sets it apart: 2025 revenue grew 10% to $27.0 billion across broking, reinsurance and consulting.

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