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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Relationship Manager - DC Pensions, Workplace Savings

Full-TimeUpdated on 10/24/2026
No salary listed
Mid
London, UK+7 moreMore locations: Edinburgh, UK | Cardiff, UK | Leeds, UK | Bristol, UK | Birmingham, UK | Manchester, UK | Norwich, UK
HybridHybrid: at least three days per week in the local office or onsite with clients; travel to meet clients across the UK as required.
Sales & Account ManagementAccount Management

About the job

Requirements
  • Experience in relationship management, account management, pensions consulting, or a closely related client-facing role.
  • Considerable knowledge of UK Defined Contribution pensions and the workplace pensions landscape.
  • Demonstrated experience managing client relationships end-to-end, including handling queries, escalations, and stakeholder management.
  • Willingness and ability to travel to client sites across the UK.
Responsibilities
  • Manage and deepen relationships across a portfolio of Marsh Workplace Savings clients, acting as the first point of contact for queries, issues, and escalations.
  • Provide governance and oversight support for clients’ UK Defined Contribution pension arrangements, partnering with internal stakeholders and insurer administrators for contract-based schemes.
  • Proactively drive client engagement, service delivery, and retention by anticipating needs, resolving issues, and ensuring a consistently strong client experience.
  • Support growth activity, including participating in pitches and new business opportunities and traveling to meet clients across the UK as required.
  • Collaborate within the Relationship Management team to share best practice and contribute to a growing function.
Desired Qualifications
  • Experience supporting governance and oversight activities for workplace pension schemes, including operating model and service review activity.
  • Exposure to both contract-based Defined Contribution arrangements (insurer-administered) and master trust environments (for example, Mercer Master Trust), and the differing client needs across each.
  • Comfort contributing to client presentations and pitches and representing the business externally.
  • Experience working in or closely with a growing team where continuous improvement, innovation, and development are key priorities.

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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