Principal Compensation Consultant

Alera Group
  • Chicago, Illinois
  • Remote
    30+ days ago

    Job Description

    OVERVIEW

    Principal Consultant, Compensation

    Remote | Senior-Level Consulting Role

    At Alera Group, we help organizations design compensation strategies that attract, retain, and reward top talent. We're seeking a Principal Consultant, Compensation to help lead and grow our compensation consulting practice through senior client advisory work, business development, and strategic contribution.

    This is a high-impact consulting role for an experienced compensation professional who thrives in client-facing environments, brings strong technical expertise, and is energized by building trusted relationships that drive meaningful business growth.

    Why Alera Group

    Meaningful Impact: Your work directly shapes how organizations attract, retain, and reward talent-impacting both business performance and employee experience.

    Growth & Learning: You'll have the opportunity to expand a growing consulting practice, influence methodology, and work across a diverse range of industries and client challenges.

    Collaborative Culture: We work as one team-sharing expertise, supporting each other, and building trusted relationships with clients and colleagues alike.

    RESPONSIBILITIES

    What You'll Do

    Client Advisory & Consulting Leadership
    • Serve as a senior advisor to clients on compensation strategy, design, and execution
    • Lead complex consulting engagements including executive compensation, incentive design, job architecture, pay philosophy, and pay equity analysis
    • Act as the primary relationship owner for strategic client engagements
    • Present insights and recommendations to executive leadership teams and boards
    • Translate complex compensation concepts into clear, actionable guidance
    Business Development & Relationship Growth
    • Expand existing client relationships and identify new consulting opportunities
    • Re-engage prior clients and support growth of the compensation consulting pipeline
    • Partner on proposals, scoping, pricing, and solution development
    • Participate in client presentations and business development discussions
    • Leverage market presence and relationships to support practice growth
    Quality Oversight & Practice Development
    • Ensure consulting deliverables meet high standards of accuracy, insight, and client readiness
    • Contribute to the evolution of compensation tools, methodologies, and best practices
    • Serve as a thought partner on complex compensation matters
    • Stay current on market trends, regulatory updates, and emerging compensation practices
    Collaboration & Team Contribution
    • Work closely with consulting peers and firm leadership in a highly collaborative environment
    • Provide informal mentorship and guidance to other consultants
    • Contribute to internal knowledge sharing and intellectual capital development
    QUALIFICATIONS

    What You Bring

    Required
    • 10+ years of experience in compensation consulting or human capital advisory roles
    • Deep expertise in compensation design, including executive and incentive compensation
    • Proven success in senior client-facing consulting roles
    • Demonstrated business development experience (expanding accounts and generating new work)
    • Strong executive presence and communication skills
    • Ability to operate independently while collaborating effectively in team environments
    Preferred
    • Experience with consulting firms such as Mercer, Aon, Willis Towers Watson, Gallagher, or similar
    • Direct experience advising executive leadership teams and boards
    • CCP certification or advanced compensation credentials (preferred, not required)
    Advanced degree in a related field

    ADDITIONAL INFORMATION

    Compensation: $150,000 - $170,000 annually (based on experience and qualifications)

    Benefits:
    Alera Group offers a comprehensive benefits package designed to support you professionally and personally, including:
    • Medical, dental, life, and disability insurance
    • 401(k) with company contribution
    • Generous paid time off
    • Additional benefits designed to support work-life balance
    Location: Fully Remote

    We're an equal opportunity employer. All applicants will be con

    Numbers & Facts

    LocationChicago, Illinois (
    Remote
    )

    Skills

    • Analysis Skillsunmatched
    • Best Practicesunmatched
    • Business Developmentunmatched
    • Business Growthunmatched
    • Business Strategyunmatched
    • Communication Skillsunmatched
    • Compensation and Benefitsunmatched
    • Consultingunmatched
    • Customer Relationsunmatched
    • Customer/Client Researchunmatched
    • Employee Retentionunmatched
    • Human Capitalunmatched
    • Leadershipunmatched
    • Market Trend Analysisunmatched
    • Mentoringunmatched
    • Organizational Development/Managementunmatched
    • Philosophyunmatched
    • Pricingunmatched
    • Regulationsunmatched
    • Sales Presentationunmatched
    • Sales Prospectingunmatched
    • Team Playerunmatched

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