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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Rewards Consultant

Full-TimeUpdated on 10/24/2026
No salary listed
Senior
Bachelor's
Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
HybridHybrid; colleagues are expected in the local office or onsite with clients at least three days per week, with at least one weekly team anchor day.
ConsultingHuman Capital & Change Consulting

About the job

Requirements
  • A Bachelor's degree in any discipline is required.
  • At least 5 years of human resources experience with strong exposure to Total Rewards is required.
  • Advanced Microsoft Excel skills, including proficiency in formulas, data analysis, and handling large datasets, are required.
  • Strong PowerPoint presentation skills are required.
  • Good communication and interpersonal skills are required.
  • Strong analytical skills and attention to detail to comprehend and summarize appropriate information are required.
  • The ability to network and present a sales pitch to key leaders in large organizations is required.
Responsibilities
  • Prepare and structure client presentations and reports, perform data analysis, and draw conclusions.
  • Review or develop exhibits based on collected and calculated data, including understanding project components and processes.
  • Apply computer and research skills to understand financial performance, talent management trends, and pay practices and policies.
  • Oversee the development of methodology by analysts and manage small to medium engagements.
  • Provide guidance to project team analysts and ensure timely delivery of work and achievement of project objectives.
  • Manage smaller projects and workstreams of larger client projects as needed, while guiding project team analysts and ensuring timely delivery of work and achievement of project objectives.
  • Deliver high-quality client presentations and communicate recommendations confidently to stakeholders.
Desired Qualifications
  • Two to three years of consulting experience is highly preferred.
  • Candidates with a combination of in-house Rewards and consulting experience will also be considered.
  • Exposure to data analytics or visualization tools such as Power BI is an advantage.
  • Demonstrate intellectual curiosity, learning agility, and a strong sense of urgency.
  • Systematically manage and retrieve data.
  • Coordinate effectively and work with multiple stakeholders.
  • Be responsive, enthusiastic, open to learning, and willing to take on new challenges.
  • Apply creative problem-solving and resourcefulness.

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

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Simplify Jobs

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.

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