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Marsh McLennan
Marsh McLennan

Pension Administration - Manager

RoleOperations
LevelLead
LocationWauwatosa - Discovery
WorkOn-site
TypeFull-time
Posted1 month ago
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Company:

Mercer

Description:

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 exciting and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, securing finances for retirement or aligning employees with workforce strategy. Capitalizing on analysis and insights as catalysts for change, we anticipate and understand the impact of business decisions, now and in the future. Our holistic view and deep expertise allow us to see client’s current and future needs through a lens of innovation and impact and every idea and solution we offer. This role can be performed remotely.

Pension Administration Manager What’s in it for you?

  • We currently have an exciting career opportunity to join Mercer’s Retirement Administration business, a growing segment of Mercer that administers defined benefit retirement programs on behalf of our clients.
  • As a Pension Administration Manager, you’ll apply your deep client and industry knowledge to implement and oversee innovative solutions to meet service needs. Working in a team environment, you will guide process improvements, ensure quality performance, and direct project work. In this critical leadership role, you will supervise your team’s activities to guarantee timely and accurate completion of all client deliverables.
  • If you are proactive, enjoy working in a fast-paced environment, can multitask and manage your time effectively while maintaining a customer focus, Mercer would like to offer you a rewarding career. Join us as we help millions of benefit plan participants live, work, and retire well.

We will count on you to:

  • Oversee team members who are responsible for the administration of Defined Benefits plans and provide performance feedback to your team and offer guidance on development plans.
  • Monitor all service level requirements and implement plans for improvement where needed.
  • Lead client service reviews to discuss performance and upcoming projects.
  • Conduct regular reviews of client financial performance, including monitoring of profitability.
  • Identify and implement out-of-scope revenue opportunities.
  • Align or optimize team resources to support client deliverables.
  • Serve as point of contact for escalations

What you need to have:

  • 5-7 years defined benefit related work experience
  • BA/BS degree preferred
  • Ability to prioritize and manage multiple projects simultaneously
  • Client management experience
  • People management experience

What makes you stand out:

  • Ability to work independently and in a team environment
  • Strong critical thinking and problem-solving skills
  • Strong oral and written communication skills

Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.

The applicable base salary range for this role is $74,000 to $148,000.

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. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Applications will be accepted until:

April 30, 2026

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About Marsh McLennan

Marsh McLennan

Marsh McLennan is a global professional services firm providing risk management, strategy consulting, and human capital solutions. The company operates through four main businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman.

10,001+

Employees

New York

Headquarters

$21.3B

Valuation

Reviews

10 reviews

3.7

10 reviews

Work-life balance

3.2

Compensation

2.8

Culture

4.1

Career

2.5

Management

2.8

65%

Recommend to a friend

Pros

Supportive management and good work-life balance

Strong company culture and values

Job security and stability

Cons

Below market compensation and pay issues

High workload and overwhelming demands

Limited career advancement opportunities

Salary Ranges

0 data points

Junior/L3

Junior/L3 · Business Analyst

0 reports

$25,716

total per year

Base

-

Stock

-

Bonus

-

$21,860

$29,572

Interview experience

1 interviews

Difficulty

1.0

/ 5

Interview process

1

Application Review

2

HR Screen

3

Hiring Manager Interview

4

Technical Assessment

5

Final Interview

6

Offer

Common questions

Behavioral/STAR

Technical Knowledge

Past Experience

Industry Regulations

Risk Assessment