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Executive Compensation Consultant
3 weeks ago
Executive, NED and Broad-Based Rewards compensation benchmarking
- Reward Philosophy & Strategy design
- Short-,long-term incentive and recognition design
- Compensation Committee advice/support
- Corporate Governance advisory services relating to reward
- Salary structure development/program design and compensation admin guidelines
- Partnering with Communications colleagues on implementation of compensation changes
- Partnering with Talent colleagues to develop integrated pay and performance programs
**The Role**:
To be effective in this role, you will need strong business acumen along with confidence to interact with key client contacts, manage teams build a trusted advisor status. Comfort navigating ambiguity and uncertainty, organized thinking and communication skills, and a willingness to engage in both strategic design and tactical implementation are also critical to success in this position.
**You will have the following responsibilities**:
- Serve as the lead Consultant on client projects and/or as the “second” for most complex clients/engagements, supporting management and/or the compensation committee, developing appropriate reward strategies which align with the overall human capital strategy and support the client’s business goals while adhering to Willis Towers Watson quality standards
- Develop and maintain selected key accounts and trusted client relationships at a senior level in a way that results in building long term client relationships across multiple practices
- Manage multiple and complex Executive Compensation/Rewards project engagements in a way that ensures profitable revenue for wtw, associate engagement and development and high client satisfaction
- Think strategically in partnering with clients to pioneer unique approaches to solving their business problems
- Provide high quality consulting advice, accurate technical content and engaging deliverables to senior leaders in client companies
- Use highly effective written and spoken communications to deliver detailed findings, analyses and recommendations to senior leaders of client organizations
- Contribute to the development, design and implementation of Reward programs and practices for our clients
- Build brand image for our business and contribute towards enhancing the Willis Towers Watson brand and market position in the region
- Support intellectual capital development in the Rewards Line of Business and local office teams
- Be a positive role model of wtw values and contribute to building an employer of choice culture of top performing associates committed to client satisfaction, teamwork and excellence in all that is done
**The Requirements**:
- 5-7 years of experience in project management and sales/business development in a consulting environment
- Experience with executive compensation including incentive scheme design
- Excellent analytical skills both in terms of logic of reasoning and analysis of numerical and financial data
- Ability to draw on a combination of advanced analytics and leading-edge technology to deliver insights to clients
- In-depth knowledge of tax, corporate finance, regulatory and accounting requirements in order to design executive compensation plans including: annual, equity, stock and other long or short term incentive plans
- A professional presence with polished and well-developed facilitation, written and oral communication skills
- Experience facilitating, coaching and mentoring teams specifically to drive consensus, brainstorm and/or to gather data for a project(s)
- Proven ability to recognize and diagnose issues, work in teams, and leverage the resources of other related practices to address client challenges
- Ability to draw conclusions from data in a logical, systematic way
- Understanding of agile principles and design thinking
- Availability to travel on an as-needed basis
- BCom Accounting degree (advanced degrees preferable - MBA)
Preference will be given to applicants from designated groups, in line with the South African Employment Equity Act.
Willis Towers Watson is committed to finding opportunities to promote workplace flexibility when possible based on the needs of our customers and the company. We are pleased to say that this role meets the criteria for flexible work.
