Defined Contribution

2 weeks ago


Montreal, Canada Mercer Full time

At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We’re in the business of creating more secure and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, assuring income for retirement or aligning workers with workforce needs.

Mercer Canada is seeking a Defined Contribution (DC) Consultant / Senior Consultant for our Montreal, Ottawa or Quebec office.

What can you expect?

In this role, you will deliver a full range of services to institutional clients who sponsor or intend to set up a group retirement savings plan as well as work in a co-consulting capacity with other senior DC consultants in the delivery of complex advice to large DC clients.

What is in it for you?

  • Mercer Canada offers competitive benefits and a thriving culture to allow you to shine at work.
  • A business which values internal mobility, collaboration and partnership.
  • The opportunity to network, share views, and learn from others by getting involved with our Business Resource Groups.
  • The chance to make a positive difference in your local community by using your paid time off to volunteer through events organized by Mercer Cares.
  • A huge variety of virtual learning and development resources to support your personal and professional growth.
  • Competitive rewards supporting your financial wellbeing, including compensation, retirement savings, and more.
  • Offerings geared at your overall wellness, including comprehensive medical, dental, vision, and fitness benefits.
  • A dynamic, collaborative and inclusive culture, where diversity is valued and where you are recognized and valued for who you are.

We will count on you to:

  • 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.
    • 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.
    • 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 through direct client/prospect approach or by responding to requests for proposal for DC services.
  • 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.
  • A minimum of 5 years of work experience for Consultant and 8 years for Senior Consultant with Defined Contribution plans.
  • Fluent bilingualism (English and French).
  • Strong analytical and project management skills.
  • 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:

  • Experience in client relationship management.
  • Passion for delivering the best service to clients.
  • Ability to engage in deeper conversations beyond traditional investment topics.
  • CFA, ASA or FICA certification is considered an asset.
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