Executive Compensation Consulting

Ward Group provides executive compensation services dedicated to strategic pay design & analysis - specifically centered on the insurance industry. Our focus is on the top of the house, working with management and compensation committees, providing advice and counsel around all elements of a sound executive compensation strategy.

We emphasize a balanced, analytical approach developing and implementing solutions that focus on business strategy, financing, tax, accounting, and other regulatory considerations.

Services we provide include:

  • Executive Compensation Consulting
    • Total compensation
    • Mix of pay elements
    • Design of incentives, metrics, pay vehicles (cash, equity, equity equivalents, performance shares, etc.)
  • Director Compensation Consulting
    • Total compensation
    • Mix of pay elements and pay vehicles
  • Competitive Pay Analysis for Top Management
    • Base Salary, Annual & Long-Term Incentive Review & Design
  • Pay for Performance Strategy & Measurement
  • Compensation Philosophy Review & Design
  • Provide updates on regulatory and business issues impacting executive compensation (e.g. ISS, SEC, IRS, etc.)

Industry Leader

Ward Group is a division of McLagan - the leading compensation consulting and performance & reward benchmarking firm in the financial services sector. We help our clients make better decisions by applying fact-based market pay and performance information to their business challenges. Some facts that set us apart are:
  • We have 200+ people who work entirely in the financial services sector, with a dedicated group focused on the insurance industry
  • Our relationships with more than 300 (re)insurance companies, brokers and agents are unparalleled in the compensation consulting field
  • We seek to maintain relationships with our clients at the highest levels, fostering open communication as trusted business advisors

Extensive Information Resource

With a heritage in benchmarking, Ward and McLagan are the market leaders in the delivery of performance & reward data for the (re)insurance industry and broader financial services sector. We have more than 400 surveys to draw from for current and historical compensation market data. Our proprietary database is relied upon by virtually every leading financial services organization globally. Our (re)insurance industry specific surveys include:
  • P&C Insurance Survey
  • P&C Reinsurance Survey (both domestic and overseas domiciled carriers)
  • CIAB Insurance Brokerage Survey
  • Insurance Management & Administration Survey
    • Includes top management, actuarial, underwriting, claims, IT, etc.
  • Insurance Sales & Marketing Survey
    • Includes sales management, wholesaling, group sales, etc.)

Experienced Consultants on Every Project

A senior consultant, typically with more than 15 years of (re)insurance company/broker/consulting experience leads every project team to ensure the highest level of knowledge, quality, professionalism and service. Additionally, our clients have the benefit of our relationship with Aon Hewitt and technical expertise in areas of:
  • Accounting & Valuation
  • Governance
  • Tax & Disclosure

Contact Us

For more information about Ward Group's executive compensation advisory services, contact Josh Bewlay.




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