Senior Executive Compensation Consultant

About the role

This hybrid role is based near a Mercer office and requires at least three days per week in the office. The Senior Executive Compensation Consultant will lead the design and delivery of executive and broad-based compensation programs, with a primary focus on higher education clients.

Responsibilities

• Structure, direct, review, and interpret compensation analyses produced by project teams.
• Develop broad-based compensation philosophies, strategies, and programs that support clients’ attraction and retention goals.
• Monitor higher-education trends and adapt Marsh tools, research, and resources to create practical, data-driven strategies and solutions for higher education clients.
• Assess current pay and program features against market practice and clients’ circumstances and prepare clear client deliverables.
• Design short-term incentive programs and financial performance measurement/target-setting systems aligned with clients’ strategic objectives.
• Advise senior management on remuneration and related human capital issues.
• Generate revenue by developing new client relationships, expanding existing accounts, and representing Mercer in the marketplace.
• Delegate work and provide guidance to team members, assigning tasks at appropriate career levels to create development opportunities.
• Liaise with consultants across Marsh business units as the career thought leader for the higher education vertical.

Requirements

• Significant experience in executive and broad-based compensation consulting, preferably with demonstrable work for higher education clients.
• Strong technical skills in compensation analysis, incentive-plan design, and total rewards strategy.
• Solid knowledge of executive compensation regulations for tax-exempt organizations.
• Proven client-relationship and project-leadership experience, including delivery of client-facing presentations and materials.
• Bachelor’s degree in business, finance, economics, or a related field (advanced degree preferred).

Qualifications

• Track record of driving sales and maintaining a book of business within higher education or similar sectors.
• Advanced degree (e.g., MBA) or relevant certifications (e.g., CCP) and strong quantitative/analytical skills.
• Demonstrated ability to mentor junior staff and to collaborate effectively across multiple Marsh office teams.

Benefits

• Professional development opportunities, interesting work, and supportive leaders.
• Vibrant and inclusive culture with talented colleagues to create new solutions and impact.
• Environment that embraces AI and technology-enabled tools.
• Range of career opportunities, benefits, and rewards to enhance well-being.
• Health and welfare benefits, tuition assistance, 401K savings, and other retirement programs.
• Employee assistance programs.

Pay

The applicable base salary range for this role is $248,000 to $372,000. 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.

Schedule

Hybrid role requiring at least three days per week in the office. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.