(Senior) Consultant – Executive Compensation (m/f/d)
Aon stands for shaping decisions for the better - to protect and enrich the lives of people around the world.
As a leading global professional services firm, Aon is providing a broad range of risk, retirement, rewards and health solutions. Our work is based on extensive knowledge of risks, opportunities and potential of all our employees. As a risk advisor, Aon takes a holistic view of the risks faced by our clients, working closely with the clients themselves to develop customized solutions.
Our 60,000 employees worldwide provide advice and solutions to our clients in over 120 countries, helping them make better decisions to protect and grow their businesses. In Germany we have 2,000 skilled colleagues based at thirteen locations. The German headquarters is in Hamburg.
For our location in Hamburg we are seeking a/an
We are currently growing our cross-regional EMEA Executive Compensation advisory consulting team and are looking to hire a Consultant or Sr. Consultant to join our practice, focussing on the DACH region: Germany, Austria and Switzerland. Our executive compensation advisory colleagues in EMEA are based primarily in the City of London, but we operate a hybrid working model and this role could be based anywhere across Europe, though with a preference for a colleague based in one of Aon’s principal human capital solutions offices in Germany: Frankfurt (first priority), Munich or Hamburg. The Executive Compensation team is part of Aon’s wider Human Capital Solutions advisory practice.
Our focus is principally on clients in three growing sectors of the economy – financial services (including FinTech), technology and life sciences – however we are also growing in other industry areas such as retail, healthcare and energy/renewables. Our advice in these sectors is supported by “best in class” compensation data from our Radford McLagan Compensation Database, which forms part of Aon’s portfolio of human capital businesses.
We help our clients make better decisions on a wide range of business-critical areas including executive remuneration strategy, Board and executive pay benchmarking, peer group definition, incentive and equity design, corporate governance, regulation and ESG (as it relates to pay).
We provide invaluable advice to companies during some of the most exciting and crucial moments in their growth and evolution – from defining equity compensation strategies at a start-up, to preparing companies for IPO by building out an appropriate executive remuneration policy. We also advise some of the world’s leading firms – both listed and private – in terms of ongoing management of executive pay strategy.
We are looking for candidates with compensation or reward experience—either in consulting, multiple in-house reward roles, or a combination of the two—and who have had specific exposure to executive compensation, equity (share-based) compensation or governance/regulatory topics, ideally with work experience in the DACH region. As the role is covering the DACH region, we are looking for a candidate with native/business fluent German language skills for this role.
Your area of competence
As a Consultant or Senior Consultant your key responsibilities will involve:
- Provision of Executive Compensation consulting services; including supporting private companies as they design compensation structures specific to the challenges they face.
- Supporting and project managing client engagements involving assessing business challenge and designing solutions and managing the RFP process with the client, Procurement and Legal.
- Execution/client delivery of high calibre professional advice including client reports.
- Developing and training team members on execution/client delivery.
- Technical knowledge on Executive Compensation. To include German and Swiss corporate governance on Executive Compensation, incentive design including selection of performance measures, performance calibration, equity plan valuations, benchmarking and ideally financial services regulation.
Your profile
As a Consultant your skills and qualifications will ideally include:
- A proven track record of acting as a remuneration consultant/professional, either in a management consultancy or a series of in-house HR/reward roles/contracting.
- Strong interpersonal skills building and managing client relationships.
- Collegiate team player and proven experience of mentoring a team, committed to working with and developing team members.
- Good communication skills – both written and face-to-face, ability to simplify and summarise complex information based on client needs.
- Able to manage stakeholder requirements and expectations.
- Strong communications skills (both verbal and written).
- Ability to prioritise tasks and manage multiple initiatives.
- Articulate with clients and staff providing practical context when communicating technical knowledge of Executive Compensation, including incentive design German and/or Swiss Executive Compensation governance, equity plans, investor relations and legal requirements.
- A thorough understanding of remuneration and the issues affecting reward. Incentive design experience, including selection of performance measures and performance calibration.
- Ideally (but not essential), an understanding of the financial services remuneration regulations, their background, application and likely future development. Experience of advising on their application and implementation. This experience may have been gained through an in-house Reward, consulting or legal background.
- Sound understanding of at least one of financial services, technology and life sciences sectors, the current challenges and outlook.
- Professional qualification (Accountant, Actuary, Legal, CFA, other relevant) and degree level education preferred.
Besides flexible working hours, 30 days’ annual leave and an extensive package of benefits, you can expect flat hierarchies, opportunities for personal development and a comprehensive range of company sports on offer.
We promote an inclusive corporate culture and are committed to creating equal opportunities and treating one another with respect. We welcome all applications irrespective of ethnic origin, age, gender, disability, sexual identity, religion or belief.
We look forward to meeting you!
Aon Versicherungsmakler Deutschland GmbH
Lia Niemöller
Specialist Recruiting
Mail: karriere@aon.de