Principal Compensation Consultant - R_346197

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

Marsh 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 Compensation Consultant, you will lead 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 management and HR leaders to develop and deliver compensation strategies that attract, retain, and motivate talent.

What you will do Structure, direct, review, and interpret analyses performed by project teams

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

Provide consulting services to senior management on compensation issues including pay strategy (structure and competitiveness), job architecture design, and digital activation of these designs

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

Manage day-to-day client interactions, building and maintaining strong relationships

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 compensation consulting with demonstrated subject matter expertise

Proven ability to manage multiple large-scale projects and complex client engagements

Deep knowledge of compensation strategy, compensation-related technology, incentive plan design, market analysis methodologies, and regulatory compliance

Strong client relationship management skills with experience advising senior executives

Excellent communication, presentation, and leadership skills

Proficiency in Microsoft Office, especially Excel and PowerPoint

Intellectual curiosity and a proactive approach to problem-solving and coaching

What makes you stand out Experience leading engagements for global organizations with complex compensation challenges

Demonstrated success in leading or supporting business development activities

Advanced analytical skills and familiarity with compensation management tools, survey management tools, and AI-enabled compensation agents

Demonstrated leadership in developing innovative solutions and thought leadership content

• Pearl Meyer
• Semler Brossy
• FW Cook
• Meridian Compensation Partners
• Korn Ferry
• Hay
• Sullivan Cotter
• Alexander Group
• KPMG
• Compenisa
• WTW
• Aon
• Deloitte
• PWC
• EY
• Pay Governance

Boutique Compensation Consulting Firms

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

Must Have Bachelor’s degree in Business, Human Resources, Finance, or a related field

Business development, lead generation and qualification, sales process management, client relationship management, proposal and Statement of Work (SOW) development, contract negotiation, and new business acquisition/closing. The candidate should demonstrate a proven ability to identify and develop new client opportunities, manage the sales cycle from prospecting through closing, create effective proposals and SOWs, negotiate commercial terms, build strong client relationships, and successfully win new business Extensive (8+) years of experience in compensation consulting with demonstrated subject matter expertise Proven ability to manage multiple large-scale projects and complex client engagements Deep knowledge of compensation strategy, compensation-related technology, incentive plan design, market analysis methodologies, and regulatory compliance Strong client relationship management skills with experience advising senior executives Excellent communication, presentation, and leadership skills Proficiency in Microsoft Office, especially Excel and PowerPoint Intellectual curiosity and a proactive approach to problem-solving and coaching

Nice to Have: Experience leading engagements for global organizations with complex compensation challenges Demonstrated success in leading or supporting business development activities Advanced analytical skills and familiarity with compensation management tools, survey management tools, and AI-enabled compensation agents Demonstrated leadership in developing innovative solutions and thought leadership content

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

Why join Marsh 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