MMA Appoints Andy Welt to Lead Compensation Consulting Practice

SAN DIEGO, CA, April 4, 2019 – Marsh & McLennan Agency’s West region announced today that Andrew (Andy) Welt, who has more than 20 years of compensation and benefits consulting experience, has been appointed to lead the firm’s Compensation Consulting practice.

“Andy is a proven leader whose experience and expertise will continue to drive the growth of our compensation consulting practice,” said MMA regional CEO, Chris Williams. “Andy has been very successful at MMA by providing our clients with strategic advice and results-driven rewards consulting. Andy shares MMA’s values, and we look forward to his continued leadership.”

In his new role, Andy is responsible for leading the team’s business development, consulting, and operational strategies. Andy has helped design and administer compensation and benefits strategies as an in-house executive at companies such as, Biogen Idec, Hasbro, CVS Health, and Achillion Pharmaceuticals, as well as a senior consultant at Aon/Radford. He also serves as adjunct professor for Performance Management in the School of Management at San Diego State University and is on the faculty for World at Work, the leading nonprofit professional association in compensation and total rewards. Andy earned his Masters of Science degree in Labor and Industrial Relations from the University of Rhode Island, and his Bachelors degree in Political Science at Hartwick College.

MMA’s compensation consulting practice provides broad-based rewards consulting, board advisory services, sales effectiveness consulting, and compensation co-sourcing solutions to organizations seeking to attract and retain executives and employees in a competitive employment market.

To learn more about MMA’s compensation consulting practice, visit: http://www.mma-west.com/compensation-consulting.html

About Marsh & McLennan Agency

Marsh & McLennan Agency LLC is a subsidiary of Marsh established in 2008 to serve as a platform for the middle market. In 2015, it expanded its national footprint into Canada. MMA offers commercial property, casualty, personal lines, and employee benefits to midsize businesses and individuals across North America.

About Marsh

A global leader in insurance broking and innovative risk management solutions, Marsh’s 30,000 colleagues advise individual and commercial clients of all sizes in over 130 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue over US$14 billion and nearly 65,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms. In addition to Marsh, MMC is the parent company of Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.