Principal, Total Rewards

About Us Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients. About the Role This role serves as a senior subject matter expert in Total Rewards, providing strategic consultation and trusted advice to Human Resources business partners and senior business leaders on compensation and benefits matters. With high visibility across the firm, the role requires a strong consulting mindset and close partnership with HR to support and influence a broad range of people‑related initiatives. The position provides dedicated compensation support for one or more business areas, partnering with leaders to design and deliver competitive, market‑aligned reward solutions. On the benefits side, the role acts as the regional subject matter expert for EMEA, while also providing strategic oversight and guidance to Global Benefits team members in both EMEA and APAC. Based in London, this role works closely with the Global Compensation and Global Benefits teams in Boston to develop and execute regional strategies that align with global Total Rewards priorities. In particular, the role will have the following responsibilities: Compensation: Serve as the primary point of contact for business leaders and HR partners on compensation matters for assigned business groups. Proactively provide insights into market trends and their impact on the region and supported business areas. Oversee EMEA compensation compliance processes and act as the subject matter expert on regional regulatory requirements. Conduct market benchmarking and competitive analyses; share findings internally to ensure compensation structures and pay levels remain competitive and support attraction and retention. Advise on compensation levels for new hires, including conducting and presenting supporting analysis. Partner with the Global Compensation team to design, manage, and administer base pay and corporate bonus programs, including support for the annual compensation review cycle. Lead and support ad hoc compensation projects, such as deep‑dive analyses or the development of compensation structures for new roles or business areas. Collaborate with cross‑functional partners to develop compensation procedures, analytics, and reporting, including preparation of materials for Compensation Committees. Participate in industry forums and networks to stay current on market trends, practices, and costs, and help ensure firm policies remain aligned with external developments Benefits: Oversee the development and administration of benefits programs in the EMEA region, and partner with the Global Benefits team in implementing new strategies. Review proposed strategies that impact the EMEA region and provide feedback based on regional expertise Recommend and implement changes to current practices based on local market trends to ensure the regional office remains competitive in the market and industry. Attend payroll, HR and benefit team meetings on a regular cadence to stay abreast of issues impacting Total Rewards Build report with EMEA Heads of Office to support alignment on Total Rewards initiatives Identify opportunities to network with internal and external peers to enhance program design and administration as well as to reach out to the network for ad hoc solutions and advice. Provide and be responsible for a high standard of advice, guidance, and support to senior business managers with regard to benefits programs. Partner with Human Resources business partners regionally and globally to ensure timely and effective communication, and implementation of HR strategy, policies and practices. The successful candidate is likely to have: 10+ years of experience working in a global organization within the field of Total Reward. Extensive knowledge and experience of managing pay and bonus programs, preferably within the global financial services sectors. In depth experience with benefit plan strategy with development, design, compliance, management, and administration of benefit programs in the EMEA region, preferably within the global financial services sectors. Exceptional analytical skills, comfortable working with large amounts of data and communicating data findings. Customer service orientation with a demonstrated desire to exceed expectations – ability to serve multiple customers (employees, managers, HR) even in situations of conflicting interests between groups. Excellent written and verbal communications skills are required - to interface with all levels of the organization, influence decision makers, set and manage expectations, and translate data findings into clear and concise documents and presentations. Strong cross-cultural awareness, sensitivity, and high level of confidentiality. Ability to exercise problem solving skills and independent judgement using analytical and consulting skills. Solid project management skills – e.g., develop project plans, scope and ensure execution and delivery. Highly detail driven with emphasis on accuracy, coupled with the ability to see the broader picture. Ability to work independently as well as in a team environment. Bachelor’s degree required. Not sure you meet 100% of our qualifications? That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds. As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com. We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term. Tracing our history to 1928, Wellington Management is one of the world’s largest independent investment management firms. We serve as a trusted adviser to clients in over 60 countries, visit our website to see our assets under management. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise. We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term. For more information, please visit https://www.wellington.com/en/