Marsh McLennan · 18 hours ago
Senior Defined Contribution Consultant
Chicago - 155 Wacker
Full-time
Hybrid
Senior Level, Lead/Staff
$142K/yr - $285K/yr
10+ years expMercer, a Marsh business, is seeking a Senior Defined Contribution Consultant to join their Defined Contribution Consulting team. This role involves leading and delivering consulting services for large defined contribution plans, mentoring junior staff, and developing new client relationships while maintaining existing ones.
Financial ServicesProfessional ServicesService Industry
Responsibilities
Cultivate, lead and participate in new business proposals to prospects and extend the range of services provided to existing Mercer clients as appropriate; identifying opportunities to sell DC consulting services and developing new client relationships will be a focus
Serve as one of Mercer’s experts internally and in the marketplace on defined contribution plans
Sell, lead and deliver client projects involving plan design, recordkeeping vendor management, vendor search and fee benchmarking, Committee governance, compliance reviews, and administration consulting to primarily corporate plan sponsors with complex DC programs
Assist with the expansion of services to existing clients by maintaining ongoing relationships, identifying opportunities for expanded services and supporting investment retainer clients
Help to guide and direct execution of long-term DC strategy while providing direction and focus in the local market; engage and train staff to deliver services to large or jumbo clients
Routinely use Mercer intellectual capital, and participate in development of DC intellectual capital for the US
Mentor junior staff to enhance technical knowledge as well as client facing skills and expand DC expertise through regular project interactions and direct coaching
Participate in internal initiatives to support the growth of the DC Retirement business
Stay current with the DC regulatory and legislative landscape to bring awareness to clients and internal staff, as appropriate
Qualification
Required
Bachelor's degree
Minimum 10 years' experience in consulting on DC non-investment issues with proven ability to sell and deliver Defined Contribution retirement consulting services to senior business leaders
Expert working knowledge of retirement plan design and operations: nondiscrimination testing, compliance, plan administration and governance as well as the relevant DC vendor marketplace
Experience working with and presenting to Fortune 500 retirement committees, executive leadership committees and C-level executives
Proven sales results selling DC consulting services
Experience leading large complex projects and managing client expectations
Risk identification and implementation of solutions for clients
Time management
Proven financial project management
Preferred
Proven track record in large market defined contribution sales
Deep subject matter and marketplace expertise
Creativity and ability to adapt to client needs
Benefits
Health and welfare benefits
Tuition assistance
401K savings
Other retirement programs
Employee assistance programs
Company
Marsh McLennan
Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.
10001+ employees
H1B Sponsorship
Marsh McLennan has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (2)
2023 (8)
2022 (6)
2020 (11)
Funding
Current Stage
Public CompanyTotal Funding
$11.2B2024-10-30Post Ipo Debt· $7.25B
2024-02-14Post Ipo Debt· $1B
2023-09-06Post Ipo Debt· $1.6B
Leadership Team
Joe Hayes
Senior Vice President, COO Private Client Services
Katherine Brennan
SVP & General Counsel
Recent News
2025-12-01
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2025-11-21
2025-10-17
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