Oliver Wyman - Senior Compensation Analyst - Boston

Company:Oliver Wyman

Description:

About Oliver Wyman:

Oliver Wyman is a global leader in management consulting. With offices in 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. Over 7,000 professionals help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman’s thought leadership is evident in our agenda-setting books, white papers, research reports, and articles in the business press. Our clients are the CEOs and executive teams of the top Global 1,000 companies. Visit our website for more details about Oliver Wyman: www.oliverwyman.com 

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.

This is a hybrid role that requires a presence in the office 3 days per week. There is no option to be fully remote.

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 4-6 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

Marsh & McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. It is the parent company of a number of the world's leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. With over 81,000 colleagues advise clients in 130 countries and annual revenue of nearly $19 billion, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 130 countries. Its stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges.

Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: www.mmc.com. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity. Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.