Senior Compensation Consultant - Compensation & Rewards

Company: Arthur J Gallagher & Co.
Location: Minneapolis
Posted on: June 13, 2021

Job Description:

Gallagher is a global leader in insurance, risk management and consulting services. We help businesses grow, communities thrive and people prosper.We live a culture defined by The Gallagher Way, our set of shared values and guiding tenets. A culture driven by our people, over 30,000 strong, serving our clients with customized solutions that will protect them and fuel their futures.

Gallagher's Human Resources & Compensation Consulting practice unites some of the most respected names in human resource consulting. Our team of experts in compensation, engagement, leadership development, executive search, and surveys, uses industry-leading data and analytics to empower clients with the tools they need to lead their healthcare, higher education, public sector, and nonprofit organizations toward success. We draw on expertise from every category of human resources, then assemble flexible consulting solutions that streamline efficiency and strengthen bottom lines.

The HRCC team is looking for a Senior Compensation Consultant to join their growing practice. The Senior Compensation Consultant will manage consulting assignments to develop and maintain productive relationships with clients that result in profitable sales of the Practice's products and services.

Duties include:

• Client Relationship Management:
• Effectively communicate and negotiate with clients to set and manage service expectations; communicate problems and issues to clients and proactively suggest solutions.
• Assist the Senior Leaders to maintain good client relationships and solve problems.
• Independently manage total compensation consulting services for clients, including relationships with CEOs and boards.
• Expand client relationships to provide new services.
• Partner with individual clients over the long-term to identify, initiate and expand services provided.
• Participate in client conference calls to address specific client projects, questions or issues.
• Participate in the plan design and implementation processes as appropriate;
• Read "Notes to File" and become familiar with client issues; client plans and political issues.
• Review client opinion survey results and monitor responses to ensure the highest level of client satisfaction; discuss issues with practice leader, and follow up with the client for resolution.
• Project Management:
• Complete project assignments to meet clients' expectations for timeliness, quality and responsiveness as well as internal expectations for quality, productivity and effective use of resources.
• Work with the Senior Leaders to assure the delivery of high quality consulting services to clients.
• Develop project plans and budgets; manage projects to ensure their timely completion within budget; keep the client and management informed of project status, being especially mindful of deadlines.
• Develop and manage strong relationships with peers and internal resources.
• Meet with appropriate consultants & analysts to maintain an efficient flow of client & plan information.
• Attend planning meetings to discuss project status and ensure the completion of client work within timelines.
• Understand client expectations; offer ideas and suggestions during the planning meetings and throughout the various phases of the project, as appropriate.
• Keep Senior Leaders abreast of each project's status especially in the event they are unable to attend the planning meetings.
• Consulting/Client Work:
• Look for opportunities to build client relationships and fulfill consulting services, as appropriate.
• Travel with Senior Leaders to observe their presentations to clients; deliver presentations independently as assigned.
• Prepare Notes to File for client meetings in a thorough and timely manner to ensure clear communication to others involved.
• Attend conventions and association meetings and assist Senior Leaders in conducting seminars and presentations to client groups, as appropriate.
• Factual and Experiential Knowledge:
• Obtain Current Factual Knowledge to a substantial degree in one or more of these areas:
• Healthcare industry, such as general knowledge of the regulatory, accounting and/or political environment of healthcare entities;
• An understanding of IRS regulations, accounting and audit practices;

• An understanding of executive compensation and nonqualified plans.

• Obtain Experiential Knowledge to a substantial degree in one or more of these areas:
• Selling to or consulting with high net worth individuals (i.e., Healthcare executives, CEOs, CFOs, COOs, Board of Directors, Executive Compensation Committees, etc.)
• Relating to and calling on health care executives, and experience working in those areas;
• Selling to or consulting with high net worth individuals.
• Meet regularly with the Practice Leader for mentoring, coaching, and to review performance, goals, and initiatives.
• Productivity and Sales:
• Maintains high level of productivity and meets productivity targets
• Maintains an acceptable billable hours ratio

Required:

• Bachelor's degree
• 5 or more years related experience

U.S. Eligibility Requirements:

• Interested candidates must submit an application and resume/CV online to be considered
• Must be 18 years of age or older
• Must be willing to submit to a background investigation; any offer of employment is conditioned upon the successful completion of a background investigation
• Must have unrestricted work authorization to work in the United States. For U.S. employment opportunities, Gallagher hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. Gallagher will require proof of work authorization
• Must be willing to execute Gallagher's Employee Agreement or Confidentiality and Non-Disclosure Agreement, which require, among other things, post-employment obligations relating to non-solicitation, confidentiality and non-disclosure

Gallagher offers competitive salaries and benefits, including: medical/dental/vision plans, life and accident insurance, 401(K), employee stock purchase plan, educational expense reimbursement, employee assistance program, flexible work hours (availability varies by office and job function) training programs, matching gift program, and more.

Gallagher believes that all persons are entitled to equal employment opportunity and does not discriminate against nor favor any applicant because of race, sex, color, disability, national origin, religion, creed, age, marital status, citizenship, veteran status, gender, gender identity / expression, actual or perceived sexual orientation, or any other protected characteristic. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Additional Information

Keywords: Arthur J Gallagher & Co., Minneapolis , Senior Compensation Consultant - Compensation & Rewards, Other , Minneapolis, Minnesota