Endowments & Foundations, Investment Segment Leader

About the role

The Endowments & Foundations (E&F) Segment Leader will play a critical role in shaping and accelerating the next phase of growth for Mercer’s E&F practice within the US Wealth business. This role will shape the strategic direction for the segment, drive strong financial performance, and expand Mercer’s presence and impact among endowments, foundations, and other mission-driven institutional investors.

Responsibilities

• Achieve financial results, including revenue, profit, and sales for the E&F segment
• Serve as the commercial leader responsible for day-to-day business decisions and execution of segment strategic and tactical priorities
• In partnership with key segment and commercial leaders, set and execute the strategic direction including segmentation, value proposition, and competitive positioning
• Manage direct reports and influence key partners in sales, local offices and other segments
• Develop and manage talent within the segment
• Support broader US Investments leadership objectives and collaborate with Non-Profit segment leaders globally
• Drive cross-Marsh collaboration to unlock additional opportunities
• Identify opportunities to expand Mercer’s services and solutions to meet the evolving needs of E&F institutional investors
• Maintain strong industry expertise to guide solution development and ensure Mercer continues to deliver high-quality services to E&F clients
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools

Requirements

• Deep understanding of E&F client needs, including governance structures, strategic asset allocation, and the use of alternative investments in long-term portfolios of endowments and foundations
• Proven ability to lead complex dialog with Chief Investment Officers, Investment Committees and Boards of Endowments and Foundations
• Proven ability to develop a robust multi-year strategy including market analysis, competitive analysis, proposition development, financial modeling, and resourcing
• Ability to identify and act on client trends, risks and opportunities that inform client solutions, business solutions or both
• Proven track record of building and leading high-performing teams and fostering collaboration across multiple stakeholders within a matrixed organization

Qualifications

• 15+ years of experience advising on or overseeing endowment and foundation portfolios with significant allocations to alternative investments
• Demonstrated ability to scale or transform a business focused on non-profit investors
• Presence and leadership in dynamic settings, internally and externally
• Strong commercial acumen combined with strategic and operational leadership skills

Skills

• Strategic thinking and problem-solving
• Collaboration and teamwork
• Financial analysis and modeling
• Client relationship management
• Leadership and management

Benefits

• Competitive total rewards package including health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs
• Hybrid work schedule with at least three days per week in the office
• Opportunities for career growth and development

Pay

The applicable base salary range for this role is $232,000 to $348,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis.

Schedule

This is a hybrid role with a requirement of working at least three days per week in the office.