Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. (NYSE: MMC), announced the addition of Lynn Esenwine as Senior Pension Risk Transfer (PRT) consultant within its Financial Strategy Group (FSG). Ms. Esenwine will join Mercer in April 2016 reporting to Richard McEvoy, head of the FSG. She will focus on facilitating large buyout transactions, coordinated with broader risk management and investment strategies, and on driving Mercer’s continued innovation and solutions in this space.
“Lynn has had industry-level impact in helping drive the PRT business forward in recent years with her focus, energy and creativity. We are delighted to have her join our Mercer team,” said McEvoy. “Given the nature of Lynn’s former roles with insurance providers, her knowledge and transaction experience will help Mercer enhance execution certainty for our clients and benefit security for their employees.”
With its breadth and depth of experience in the management of asset and liabilities, Mercer is focused on bringing the right combination of investment and risk transfer advice and solutions to pension sponsors. Ms. Esenwine is a key addition at a pivotal time for the PRT market where Mercer anticipates substantial growth in coming years.
Ms. Esenwine has 15 years’ experience in the retirement services industry and has provided strategic leadership in the PRT market. She joins Mercer from MassMutual where she was Vice President, Pension Buyout, leading a cross-functional team focused on the growth of MassMutual’s market presence in the space. Previously, Lynn worked at Prudential Retirement where she served as Vice President in a market facing role serving the institutional PRT space.
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and careers of their most vital asset – their people. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With annual revenue of $13 billion and 57,000 colleagues worldwide, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.
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