Principal Compensation Consultant

Career Crunch; Houston (TX); Hybrid; USD 150,000 - 210,000; Full time

Benefits offered by this job

Professional development opportunities

Inclusive culture

Comprehensive benefits

Flexible hybrid work model

Job summary

Marsh is seeking a Principal Compensation Consultant in Houston, TX to lead large-scale compensation projects and coach teams. You will partner with senior HR leaders to craft pay strategies, job architectures, and digital activation of designs, while driving business development and client relationships.

Ideal candidates bring 8+ years of compensation consulting, strong leadership, and expertise in market analysis, incentives, and regulatory compliance.

Qualifications

• Bachelor’s degree in Business, Human Resources, Finance, or a related field.
• 8+ years of experience in compensation consulting with subject matter expertise.
• Proven ability to manage multiple large-scale projects and complex client engagements.
• Deep knowledge of compensation strategy, technology, incentive design, market analysis, 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.

Responsibilities

• Lead delivery of large-scale compensation projects and coach team members.
• Develop compensation strategies, philosophies, and programs for client needs.
• Advise senior management on pay strategy, job architecture, and digital activation of designs.
• Embrace AI and technology-enabled tools in delivery.
• Manage day-to-day client interactions and maintain relationships.
• Provide guidance and oversight to junior team members and ensure high-quality deliverables.
• Identify cross-selling opportunities and generate revenue through new and extended engagements.

Skills

Client relationship mgmt

Leadership

Communication skills

Problem-solving

Excel & PowerPoint

Education

Bachelor's degree in Business, HR, Finance, or related field

Tools

AI-enabled compensation tools

Survey management tools

Job description

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

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