Mercer LLC · New York, NY United States
Company Description
Phone: 212-345-7000
Fax: 212-345-7414
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This link will open in a new window Mercer offers a wide range of human resources-related consulting, investment management, and outsourcing services for companies around the world. As a consultant, the firm helps its clients design and manage retirement plans and health insurance programs of various types. Mercer's investment management business focuses on retirement plan assets. In addition, the firm offers consulting services designed to help clients get the most from their employers. As an outsourcer, Mercer administers benefits programs for its customers. Insurance giant Marsh & McLennan wholly owns the company, which was established in 1959 as William M. Mercer. The firm operates from offices in more than 40 countries worldwide. To read the full description, subscribe now.
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Key Mercer LLC Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 15,643 |
Mercer LLC Executives
51 executives listed for Mercer LLC's New York, NY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | M. Michele Burns | Network |
| COO | Terry Thompson | Network |
| CFO | Bob Van Pelt | Network |
Competition
Competitive Landscape for Mercer LLC
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Mercer LLC Competitors
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