Rewards Senior Associate Consultant

Reposted 2 Months Ago
Be an Early Applicant
Seattle, WA, USA
In-Office
99K-199K Annually
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
Manage client projects in rewards consulting, develop compensation strategies, utilize analytical skills, and coach junior staff within a consulting team.
Summary Generated by Built In
Company:Mercer

Description:

We are seeking a talented individual to join our Career Consulting team at Mercer. This role will be based in Seattle, WA. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Rewards Senior Associate is part of Mercer’s Career practice, a team that designs and implements broad-based and executive rewards programs to help clients attract and retain talent. In this role you apply analytical and design skills to benchmark pay, shape incentive structures aligned to business strategy, monitor regulatory and market trends, and develop client-facing deliverables. You will manage client projects and presentations and provide formal and informal coaching, technical review, and development for Analysts and Associates on the project team.

We will count on you to:

  • Prepare project charts and templates using project management tools, estimate hours for the project team, and prepare timelines for project milestones

  • Serve as an independent project manager for entire projects and/or work streams

  • Develop compensation strategies, philosophies, and programs that address clients’ attraction and retention need

  • Ensure client projects adhere to budget, and immediately address out-of-scope issues or budget overruns and manage the client’s expectations

  • Prioritize project activities to manage the workload and meet project deadlines

  • Delegate and lead project tasks in line with individual capability, development needs, and available analyst and associate resources

  • Partner with our Principals and Partners to help manage proposal process

  • Lead both internal and client project finding, status, and check-in meetings

  • Serve as a primary client contact and build relationships with clients

What you need to have: 

  • Bachelor’s degree

  • At least 5 years' experience in broad-based rewards/compensation

  • External consulting experience required (experience consulting with external clients on behalf of a professional services firm)

  • Knowledge of compensation principles, e.g., job benchmarking, salary structure design, job architecture

  • Strong quantitative background and skill set

  • Deep analysis and reporting experience -- skilled in data manipulation and analysis using spreadsheet software, as well as developing written reports which summarize analysis and provide interpretation in the context of the challenge faced by the client

  • Proven project management skills and creative problem-solving abilities

What makes you stand out?

  • Executive compensation experience nice to have, but not required

  • Job Architecture experience, particularly with a focus on skills-enabled architectures

  • The ability to work on multiple projects simultaneously on a variable schedule based on project demand and link compensation challenges to broader business or industry context

  • Knowledge of executive compensation

  • An active listener -- giving full attention to what other people are saying, taking time to understand the points being made and asking questions as appropriate

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

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 [email protected].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

The applicable base salary range for this role is $99,000 to $198,500.

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.

Skills Required

  • Bachelor's degree
  • At least 5 years' experience in broad-based rewards/compensation
  • External consulting experience
  • Knowledge of compensation principles
  • Strong quantitative background
  • Proven project management skills

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth — Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength — Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support — Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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