Job Overview:
As part of Oliver Wyman's global compensation team, the Senior Compensation Analyst will play a key role in the administration of our compensation program that attracts and retains employees across more than 25 countries. The Senior Compensation Analyst will ensure that our compensation program remains competitive and aligns with our business strategies and provides guidance to human capital and finance colleagues and business leaders across many industries and regions.
Key Responsibilities:
- Conduct annual market pay analysis to ensure compensation programs remain competitive with the market
- Build quantitative models in Excel, including data gathering, data modelling and analysis to support business decisions.
- Play a key role in the midyear and annual compensation planning and review process for an employee group or region
- Advise human capital and talent professionals on compensation guidelines, policies, and practices
- Develop and manage compensation communication materials
- Work closely with finance professionals to manage compensation budgets and bonus accruals throughout the year
- Partner with Compensation leadership to continuously improve and enhance existing processes and tools
Your Education and Experience:
- Bachelor’s degree; an advanced degree in business, finance or human capital preferred
- Minimum of 3-5 years of progressively responsible experience in compensation, finance, analytics and/or human capital
- Excellent Excel and PowerPoint skills; experience with Tableau or similar data visualization tools a plus
- Demonstrated problem solving skills with the ability to perform independent in-depth quantitative analysis
Your skills and abilities:
- Strong analytical and problem-solving skills with a commitment to accuracy
- Builds excel models and performs independent in-depth analysis
- Works collaboratively across different functions and effectively influences business partners
- Communicates effectively with diverse audiences at all levels in verbal and written form
- Thrives in a fast paced and changing environment
- Works well under pressure and ambiguity
- Ability to work with sensitive information and maintain confidentiality
- Maturity and professionalism
Your Additional skills that will give you an advantage:
- Experience with market pricing methodologies and surveys
- Expertise in different compensation models and structures
- Experience with Workday
Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.
Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.
Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
