Principal, Rewards Advisory
No salary listed
Expert
Singapore
HybridHybrid work; colleagues are expected to work in the local office or onsite with clients at least three days per week.
ConsultingHuman Capital & Change Consulting
About the job
Requirements
- Extensive experience in total rewards or compensation consulting, and/or relevant in-house leadership roles, with a strong track record in both broad-based and executive compensation.
- Proven ability to manage and grow a P&L or revenue portfolio, win new clients, and expand engagements.
- Deep technical knowledge of job evaluation, salary structures, short- and long-term incentive design, and executive compensation frameworks, including familiarity with local regulatory, tax, and governance considerations.
- Strong client presence and influencing skills, with experience advising senior executives and boards.
- Excellent project management skills and experience running multi-stakeholder, cross-border programs.
- Demonstrated people leadership and talent development skills, including the ability to coach senior practitioners and build high-performing teams.
- Exceptional written and verbal communication skills, with comfort presenting complex recommendations to senior leaders.
- Target-driven and commercially minded, with resilience and adaptability to client and market change.
Responsibilities
- Lead end-to-end delivery and commercial ownership of multiple, complex client accounts across industries, ensuring projects are delivered on time, on budget, and to high-quality standards.
- Act as the primary trusted advisor to clients and stakeholders, translating business strategy into compensation and total rewards solutions.
- Design and oversee advanced reward solutions, including job evaluation frameworks, global and local salary structure strategy, short- and long-term incentive architecture, sales incentive plans, merit and promotion frameworks, performance calibration, and governance.
- Lead executive compensation engagements, including board and executive pay benchmarking, long-term incentive design and valuation, CEO and senior executive pay-for-performance frameworks, and key performance indicator and target-setting advisory.
- Drive project governance by anticipating and mitigating risks, establishing robust change control, and ensuring clear decision-making pathways.
- Set technical standards and quality controls for the team; review and sign off on analyses, deliverables, and client presentations.
- Mentor and develop managers and analysts by building capability, providing formal feedback, and owning succession planning.
- Lead business development and revenue delivery by owning pursuit strategy, preparing and presenting proposals, negotiating commercial terms, and expanding existing client relationships through upselling and cross-selling.
- Represent Mercer externally through client events, industry forums, publications, and market insights.
About the company
Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
New York, NY
Founded
1871
Get referred to Marsh & McLennan
See people who can refer or advise you
Simplify's Take
What believers are saying
- Consulting drives growth: Mercer and Oliver Wyman's group grew 8% organically in the June 2026 quarter, versus 3% for broking.
- Profits cushion jobs: Marsh kept about 27 cents of operating profit per sales dollar in 2025, before one-time costs.
- Many career paths under one employer: 95,000+ colleagues span broking, reinsurance, benefits and strategy consulting in 130 countries.
What critics are saying
- Expect cuts: Thrive, announced October 2025, sets aside $500 million, mostly severance and technology, to save $400 million yearly.
- Pricing works against broking: Marsh's index shows commercial rates fell 6% in the June 2026 quarter, an eighth straight drop.
- Back-office roles are being consolidated: a Business and Client Services unit is pooling operations and technology teams company-wide.
What makes Marsh & McLennan unique
- Consulting is a third of the business: Mercer and the Oliver Wyman group earned 36% of 2025 revenue.
- Investment management sets it apart: Mercer is the world's largest outsourced chief investment office, running portfolios for institutions.
- Scale sets it apart: 2025 revenue grew 10% to $27.0 billion across broking, reinsurance and consulting.
Help us improve and share your feedback! Did you find this helpful?