πŸ“
Lisbon, Portugal

Junior Investments Consulting Analyst

No experience
Professional Services
Consulting
Posted:
December 29, 2025

Marsh McLennan

Global risk, strategy and people consultancy
73.8
Palpable Score
Apply >view company >

We are seeking a talented individual to join our UK Pensions Market team at Mercer. This role will be based in Lisbon. This is a hybrid role that has a requirement of working at least three days a week in the office.

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This is an exciting opportunity to join a successful team and make a meaningful impact on the future of major organisations. You will work within a team of 25 professionals who operate as an extension of the Wealth Investment Consulting teams at Mercer UK.

This team provides investment advice to clients across various segments, including Defined Benefit and Local Governance pension schemes, as well as Endowments and Foundations in the UK.

We are looking for a junior analyst eager to embark on a challenging medium to long-term journey towards the consultant role, progressing through junior and associate levels. This individual will collaborate closely with consultants in both the UK and Portugal, as well as with Investment specialist service teams, to ensure that clients receive high-quality offer from Mercer.

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We will count on you to:

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What you need to have:

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What makes you stand out?

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Why join our team:

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About the company

Marsh McLennan

Company overview
Marsh McLennan is a professional services group focused on risk, strategy, and people. The company operates through four global businesses: Marsh (insurance broking and risk advisory), Guy Carpenter (reinsurance), Mercer (people consulting and benefits), and Oliver Wyman (management consulting). Marsh McLennan serves large and mid-sized organisations across industries, plus public-sector clients, helping with insurance placement, risk analytics, workforce and retirement solutions, and strategy projects. In the latest annual reporting, Marsh McLennan describes more than 90,000 colleagues advising clients across more than 130 countries.

Locations and presence

Marsh McLennan operates globally with major hubs including New York and London, plus large regional offices across North America, Europe, and Asia-Pacific. Hybrid expectations vary by team, but multiple early-career postings spell out an expectation of being in the local office or on-site with clients at least three days per week, with at least one shared in-office anchor day.

Palpable Score

73.8
/ 100
Marsh McLennan is a strong early-career option because the company offers several entry routes across the group, from Marsh graduate programmes to Guy Carpenter risk analyst tracks and Oliver Wyman internships. The biggest strengths are breadth of roles and structured learning language in multiple programmes, paired with stable benefits. The main limits are uneven public signals on candidate experience and outcomes, because Marsh McLennan does not publish conversion rates, retention, or time-to-promotion data for early-career cohorts.
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