Sr. Executive Compensation Consultant

Posted 14 Days Ago
Be an Early Applicant
4 Locations
In-Office
99K-199K Annually
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
Lead design and implementation of executive and total rewards programs, manage client engagements and project teams, develop business, advise on pay strategy and regulatory issues, build client relationships, mentor consultants, and stay current on market trends.
Summary Generated by Built In
Company:Mercer

Description:

We are seeking a talented individual to join our Career team at Mercer. This role will be based in New York City, Boston, Atlanta or Philadelphia. This is a hybrid role that requires working at least three days a week in the office. Clients may be located anywhere in the United States; some travel is expected and encouraged to support client engagements and relationship building.

As a Sr. Consultant specializing in (Executive) Compensation and Total Rewards, you will lead the design and implementation of comprehensive (executive) compensation programs, including short and long term incentive plan design, overall pay strategy for executives and broader employee populations, and other total rewards topics that arise from clients’ evolving business needs. Your strategic insights will help organizations align (executive) compensation and rewards programs with business objectives and talent goals in dynamic and competitive markets.

Senior (Executive) Compensation Consultant

We will count on you to:

  • Lead and manage client engagements focused on (executive) compensation strategy, including pay benchmarking, incentive plan design, and pay structure modernization.

  • Develop and execute business development initiatives to grow Mercer’s Rewards presence, particularly in key US markets.

  • Build and maintain strong client relationships, serving as a trusted advisor to HR and business leadership teams.

  • Collaborate with Mercer’s cross functional teams to design integrated total rewards solutions that address complex client needs.

  • Provide expert advisory on (executive) pay considerations to clients in various industries and ownership structures.

  • Oversee project teams to ensure timely delivery of high quality recommendations and presentations.

  • Stay abreast of evolving market trends, regulatory changes, and best practices in compensation and total rewards.

  • Mentor and develop consulting talent, fostering a culture of continuous learning and excellence.

What you need to have:

  • 5+ years of experience delivering (executive) compensation or total rewards solutions

  • Ability to lead sales, manage project delivery, and nurture client relationships.

  • Excellent communication, presentation, and relationship management skills.

What makes you stand out:

  • Demonstrated expertise in compensation program design for executives and/or broader employee populations.

  • Proven track record in achieving sales goals and managing multi-faceted projects .

  • Strong knowledge of regulatory and governance frameworks affecting compensation programs.

  • Experience in market facing activities such as conference presentations.

Why join our team:

  • Work with industry-leading experts on a broad scale of HR topics.

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

  • Thrive and be motivated by an environment that embraces AI and technology-enabled tools.
  • 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

  • 5+ years of experience delivering executive compensation or total rewards solutions
  • Ability to lead sales, manage project delivery, and nurture client relationships
  • Excellent communication, presentation, and relationship management skills
  • Based in New York City, Boston, Atlanta, or Philadelphia
  • Hybrid work model requiring at least three days per week in the office
  • Some travel expected to support client engagements and relationship building
  • Demonstrated expertise in compensation program design for executives and/or broader employee populations
  • Proven track record in achieving sales goals and managing multi-faceted projects
  • Strong knowledge of regulatory and governance frameworks affecting compensation programs
  • Experience in market-facing activities such as conference presentations

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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