All jobs
Human Resources

Sr. Executive Compensation Consultant

Marsh McLennan

Location
Chicago, IL · Hybrid
Compensation
$91,000 – $225,000
Job type
Direct hire
Experience
Mid-senior
Industry
Insurance

+$5,000 via BYOR if placed through BYOR

About the role

Recruiter Note The compensation for this role is open and will be determined based on the candidate's experience, skills, and overall fit. Please feel free to discuss salary expectations with candidates during your initial screening.

Be sure to include the candidate's expected compensation in the salary-related pre-screen question when submitting profiles.

We are seeking a talented individual to join our Career team at Mercer. This role will be based in Chicago or Houston. 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.

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.

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

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

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

  • 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

  • 15+ 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.

Boutique Compensation Consulting Firms

  • Culpepper and Associates
  • Performensation
  • Workitecture
  • Compensation Works
  • Empsight International

Must-haves

Must Have 15+ 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.

The Senior Executive Compensation Consultant role at Mercer requires over 15 years of experience in executive compensation and total rewards solutions. The consultant will lead client engagements, focusing on compensation strategy, pay benchmarking, and incentive plan design. Strong communication and relationship management skills are essential, along with a deep understanding of regulatory frameworks. Join a team that values professional development and fosters an inclusive culture.

List of Mercer competitor names for you to target when sourcing for compensation candidates:

  • Pearl Meyer
  • Semler Brossy
  • FW Cook
  • Meridian Compensation Partners
  • Korn Ferry
  • Hay
  • Sullivan Cotter
  • Alexander Group
  • KPMG
  • Compenisa

Benefits

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.

  • 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.

Apply for this role

Submit your details and résumé — we'll score your fit for this role automatically and review it.

Prefer to be matched across all roles? Apply via BYOR