Upload Button Icon Add office photos
filter salaries All Filters

1 Mercer Senior Manager Job

Mercer - Senior Manager - Annuity Placement/Investment Solutions (2-3 yrs)

2-3 years

Gurgaon / Gurugram

Mercer - Senior Manager - Annuity Placement/Investment Solutions (2-3 yrs)

Mercer

posted 2mon ago

Job Role Insights

Flexible timing

Key skills for the job

Job Description

What can you expect?

- Project manage annuity placements from the initial bidding and price discovery process through execution and post deal transition of pension liabilities

- Liaise with the insurance marketplace of providers offering group annuity products to ensure that the required deliverables are received.

- Analyze pricing to provide unique solutions and support strategy for annuity buyouts.

- Determine how to show breakdown of accounts to clients and leverage internal resources to execute.

- Create decks, coordinate meetings, respond to questions from insurers, liaise with actuarial team to gather plan and participant data, lead work streams and ensure the process is executed in a timely manner.

- Facilitate the preparation of insurance market due diligence material to support our consulting process around the Department of Labor guidelines for annuity buyout transactions in compliance with interpretive bulletin 95-1

- Consultant on 5-7 clients at a given time; performing modeling, running reports, preparing decks on pension risk transfer and journey planning projects

- Work with spreadsheets and various modeling tools to produce detailed numerical analysis of the client's risk profile and the impact of risk on key financial metrics

- As needed, provide ad hoc support on new business pursuits and proposals

- Understand strategy leading up to the annuity placement project, assisting colleagues to identify areas of constraints, solving problems and doing analysis to help support client deliverables

- Ensure all professionalism / compliance standards and processes are understood and followed.

- Scope projects, develop budgets, and follow project plans and perform such project management and recordkeeping as needed to ensure projects are delivered on time and on budget.

What is in it for you?

As a Marsh McLennan Company colleague, you will also receive additional benefits such as:

- A competitive salary

- Employee friendly policies

- Health care and insurance for you and your dependents

- Healthy Work life balance

- A great working environment

- Flexible benefits packages to suit your needs and lifestyle

- Future career opportunities across a global organization

What you need to have:

- Minimum Bachelor's/Master's degree in mathematics, economics, finance or other business-related areas with strong quantitative and analytical course content or direct relevant experience.

- Minimum 2-3 years of experience within an insurance company, financial strategy, investment, and/or actuarial consulting environment

- Strong analytical skills and attention to detail

- Overall good technical skills including proficiency in Microsoft Office, with a high proficiency in Excel

- Active pursuit of Actuarial and/or CFA designations a plus

- Familiarity with investment principles and actuarial calculations

- Previous experience in the insurance or group annuity market is a plus

- Self-motivation and an ability to work well in a highly collaborative team environment

- Excellent organizational, interpersonal, verbal and written communication skills

- Ability to multitask, manage multiple priorities and work in a rapidly changing and dynamic environment

- Willingness to obtain Life, Accident & Health Insurance licensing (if applicable)


Functional Areas: Other

Read full job description

Mercer Interview Questions & Tips

Prepare for Mercer Senior Manager roles with real interview advice

People are getting interviews at Mercer through

(based on 53 Mercer interviews)
Job Portal
Referral
Recruitment Consultant
Walkin
Company Website
Campus Placement
25%
17%
17%
6%
4%
2%
29% candidates got the interview through other sources.
High Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.

What Senior Manager at Mercer are saying

4.2
 Rating based on 12 Senior Manager reviews

Likes

Prons: They provide exquisite work life balance, good appraisal, both side free cabs, health insurance. Cons: - Organizations are way to ahead on technologies and AI - Learning and development dept needs to improvise and cater more people

Dislikes

I do not dislike anything, just need to improve.

Read 12 reviews

Senior Manager salary at Mercer

reported by 172 employees with 10-18 years exp.
₹10.1 L/yr - ₹38.6 L/yr
6% more than the average Senior Manager Salary in India
View more details

What Mercer employees are saying about work life

based on 1.2k employees
62%
96%
82%
84%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Mercer Benefits

Free Transport
Free Food
Cafeteria
Health Insurance
Gymnasium
Soft Skill Training +6 more
View more benefits

Compare Mercer with

Aon

3.8
Compare

Willis Towers Watson

3.8
Compare

Marsh McLennan

4.1
Compare

Accenture

3.9
Compare

Deloitte

3.8
Compare

KPMG India

3.5
Compare

PwC

3.4
Compare

Ernst & Young

3.5
Compare

IBM

4.1
Compare

Infosys

3.7
Compare

ZS

3.4
Compare

Citco

3.1
Compare

McKinsey & Company

4.0
Compare

Mott MacDonald

4.2
Compare

Guidehouse

3.9
Compare

WSP

4.3
Compare

Nexdigm

3.7
Compare

Gartner

4.1
Compare

Blackrock

3.8
Compare

Datamatics Business Solutions

3.4
Compare

Similar Jobs for you

Senior Analyst at XL India Business Services Pvt. Ltd.

1-3 Yrs

₹ 14-24 LPA

Senior Manager at Serving Skill

3-8 Yrs

₹ 10-25 LPA

Client Investment Specialist at Hireginie Talent Cloud

2-8 Yrs

₹ 13-15 LPA

Credit Research Analyst at Hireex Consultants

Mumbai

2-5 Yrs

₹ 10-12 LPA

Asset Manager at Inventiway

Mumbai

3-12 Yrs

₹ 10-30 LPA

Senior Associate - Investment Banking at Confidential

1-3 Yrs

₹ 8-15 LPA

Investment Banking Analyst at GCV Life India Pvt Ltd

2-4 Yrs

₹ 11-16 LPA

Manager at Serving Skill

Mumbai

0-2 Yrs

₹ 10-16 LPA

Corporate Development Analyst at Risk Resources

3-8 Yrs

₹ 15-55 LPA

Consultant at Crescendo Global

Gurgaon / Gurugram

3-10 Yrs

₹ 8-25 LPA

Mercer Gurgaon / Gurugram Office Locations

View all
Gurugram Office
Mercer, 7th Floor, Tower A, Infinity Towers, 1, DLF Phase 2, Sector 24 Gurugram
Haryana 122002
Gurugram Office
all india tower ltd, building no 9 behind 6th floor, Ericsson - Mercer, DLF Cyber City, DLF Phase 2, Sector 24 Gurugram
Haryana 122010

Mercer - Senior Manager - Annuity Placement/Investment Solutions (2-3 yrs)

2-3 Yrs

Gurgaon / Gurugram

2mon ago·via iimjobs.com
write
Share an Interview