Senior Executive Compensation Consultant - Chicago

Company: Marsh and McLennan
Location: Chicago
Posted on: January 27, 2023

Job Description:

Mercer is seeking qualified candidates for the following position based in our Chicago office:Senior Executive Compensation ConsultantMercers Executive Compensation practice works with a wide range of clients to design and implement broad-based and executive rewards programs to help attract and retain talent. We do this by understanding our clients unique strategies, capabilities, and company cultures; and applying our design and analytical skills and in-depth knowledge of global market practices to deliver effective results. Within this context, we help our clients:

• Benchmark executive compensation levels relative to market
• Assist in the design of incentive compensation structures which align rewards with value-creating business strategies
• Stay abreast of regulatory developments and their implications and monitor global market trends
• Support the project team in developing deliverables for clientsTo learn more about Mercers Executive Compensation practice, please visitWhat can you expect?
  • The Senior Executive Compensation Consultant supports companies in the design and execution of performance measurement and reward strategies that reinforce business objectives
  • In this Principal-level role, you will work with organizations to identify the financial and people factors that drive value, and provide expert, research-driven advice on executive compensation to drive business performance
  • You will design financial performance measurement and target-setting systems to support these reward and compensation programs
  • You will provide consulting services to Compensation Committees and/or senior management on a variety of remuneration issues, including competitiveness of pay and benefits, performance measurement, and governance and regulatory implicationsWhats in it for you?
    • A company with a strong brand, with experience developingsolutionsfortodays and tomorrows toughest challenges
    • The opportunity to partner with an experienced team to provide strategic consulting to Mercers executive compensation clients
    • A culture of internal mobility, diversity, inclusion, and collaboration
    • The opportunity to contributeintellectualcapital and leadership as part of THE global leader in human resources consulting
    • which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations
    • Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance); plus a 401k with a fixed company contribution AND a company match, after one year of serviceWe will count on you to:
      • Develop executive compensation strategies, philosophies, and programs that address clients' attraction and retention needs
      • Design financial performance measurement and target-setting systems to support executive compensation programs
      • Design short-term and long-term incentive programs that reinforce the clients strategic objectives
      • Structure, direct, review, and interpret analyses performed by the project team
      • Create and review client deliverables
      • Generate revenue through development of new client relationships and building and maintaining strong client relationships
      • Provide consulting services on broader Human Capital issues and/or market trends
      • Mentor and guide junior team membersWhat you need to have:
        • Bachelor's degree required
        • At least10 years' relevant work experience in human resources, management, business, or finance-related consulting (with specific experience in executive compensation) with a professional services firm
        • Experience consulting with leading public and private companies in a variety of industries on executive compensation strategy development, competitive pay evaluation, pay/performance links, incentive program design (annual and long-term), equity strategy, change in control planning, mergers and acquisitions, board compensation and other related issues
        • Business development experience
        • Excellent analytical, writing and presentation skills
        • Strong finance and accounting skills
        • Proven project management skills and creative problem-solving abilitiesWhat makes you stand out:
          • MBA degree
          • Strong business and financial acumen
          • At least 5 years' executive compensation/rewards strategies experience (i.e., Board of Directors level)
          • Proven sales ability in recognizing sales opportunities and closing the deal believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercers more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a business of (NYSE: MMC), the worlds leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annual revenue of $17 billion. Through its market-leading businesses including , and , Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit . Follow Mercer on Twitter .Marsh McLennan and its Affiliates are EOEMinority/Female/Disability/Vet/SexualOrientation/Gender Identity employers.#LI-TS1

Keywords: Marsh and McLennan, Chicago , Senior Executive Compensation Consultant - Chicago, Accounting, Auditing , Chicago, Illinois