Marsh & McLennan Companies, Inc. logo

Principal, Executive Rewards Consultant

Marsh & McLennan Companies, Inc.Philadelphia, PA

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
Hybrid remote
Benefits
Health Insurance
Paid Vacation
Career Development

Job Description

We are seeking a talented individual to join our Career Consulting team at Mercer. This role offers a hybrid work arrangement, requiring a minimum of three days per week in our Mercer offices or with clients.

Mercer is uniquely qualified to help organizations design and execute sophisticated workforce strategies, whether it's for a multinational organization or a local company attempting to grow within its market. We provide best-in-class consulting, rigorous analytics, and data-driven insights that help organizations make fact-based decisions.

As a Principal Executive Rewards Consultant, you will manage delivery of large-scale projects, coach team members, and solve complex compensation challenges. In addition, you will support the business development process. This is a great opportunity to partner with senior executives, Board members, and HR leaders to develop and deliver executive compensation strategies that attract, retain, and motivate top leadership talent.

What you will do:

  • Structure, direct, review, and interpret analyses performed by project teams
  • Develop executive compensation strategies, philosophies, and incentive programs that address clients' attraction and retention needs
  • Provide consulting services to senior management and Compensation Committees on compensation issues including pay competitiveness, performance measurement, short- and long-term incentive plan design, governance, and regulatory implications
  • Manage day-to-day client interactions, building and maintaining strong relationships with senior stakeholders
  • Provide guidance and oversight to junior team members, supporting their development and ensuring quality deliverables
  • Generate revenue by developing new client relationships, extending existing engagements, and identifying cross-selling opportunities

What you need to have:

  • Bachelor's degree in Business, Human Resources, Finance, or a related field
  • Extensive (8+) years of experience in executive compensation consulting or related HR advisory roles, with demonstrated subject matter expertise
  • Proven ability to manage multiple, large-scale projects and complex client engagements (e.g., public companies, private companies, family-owned companies, pre-IPO companies, PE-backed companies)
  • Deep expertise in executive compensation practices and trends, as well as approaches to cash- and equity-based incentives
  • Excellent communication and presentation skills, with the ability to engage and influence senior stakeholders, such as senior executives and Boards of Directors
  • Proficiency in Microsoft Office, especially Excel and PowerPoint
  • Intellectual curiosity and a proactive approach to learning and problem-solving

What makes you stand out:

  • Experience scoping and leading delivery of client engagements complex executive compensation challenges
  • Demonstrated success in leading or supporting business development activities
  • Advanced analytical skills and familiarity with equity administration tools
  • Demonstrated leadership in developing innovative solutions and thought leadership content

Why join Mercer:

  • Professional development opportunities and supportive leadership to help you grow
  • A vibrant, inclusive culture where you can collaborate with talented colleagues
  • A broad range of career opportunities and comprehensive benefits to support your well-being
  • A flexible hybrid work model balancing remote work with in-office collaboration

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 reasonableaccommodations@marsh.com.

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.

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FAQs About Principal, Executive Rewards Consultant Jobs at Marsh & McLennan Companies, Inc.

What is the work location for this position at Marsh & McLennan Companies, Inc.?
This job at Marsh & McLennan Companies, Inc. is located in Philadelphia, PA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Marsh & McLennan Companies, Inc.?
Employer has not shared pay details for this role.
What employment applies to this position at Marsh & McLennan Companies, Inc.?
Marsh & McLennan Companies, Inc. lists this role as a Full-time position.
What experience level is required for this role at Marsh & McLennan Companies, Inc.?
Marsh & McLennan Companies, Inc. is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Marsh & McLennan Companies, Inc. for this role?
Marsh & McLennan Companies, Inc. offers following benefits: Health Insurance, Paid Vacation, Career Development, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Marsh & McLennan Companies, Inc.?
You can apply for this role at Marsh & McLennan Companies, Inc. either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.