Senior Compensation Analyst - in London

Posted 10 Days Ago
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London, Greater London, England
Mid level
Fintech • HR Tech • Insurance • Consulting
The Role
The Senior Compensation Analyst is responsible for administering Oliver Wyman's global compensation program, conducting market pay analysis, building quantitative models in Excel, and advising colleagues on compensation practices. This role involves collaborative work across functions, communication of compensation strategies, and continuous process improvement.
Summary Generated by Built In

Company:Oliver Wyman

Description:

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to 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 1000 companies.

Visit our website for more details about Oliver Wyman: www.oliverwyman.com

We are seeking an experienced Senior Compensation Analyst to join our office in London.


Job Overview:

As part of the 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

  • 4 to 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

  • 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

Please submit your resume in English.

Why join us at Oliver Wyman?

At Oliver Wyman, we lead with heart - we love what we do and have fun while we do it! We also strive for breakthroughs by questioning, seeking diverse perspectives, and finding powerful and sustainable solutions. If you share these values and want to work as one and own our impact at the same time, be brave and achieve the amazing with us!

  • We’re individuals who are self-starting, motivated, energetic, entrepreneurial about what we do

  • We have the common aspiration to have an impact, leave a legacy and change the world. We have no interest in running a steady-state business. We want to build, grow and shape the environment around us

  • We value an environment where every member of Oliver Wyman is encouraged and expected to voice his or her opinion

  • We believe that to create a true meritocracy we need to remove artificial barriers to opportunity

  • We value people whose lives balance work and non-work activities because we believe they are both more interesting colleagues and are able to make better contributions to the Firm.

  • We push ourselves hard to deliver excellence, but we also work to extract the maximum benefit from the flexibility of a project-based business. We provide the ability to take career breaks for personal or family reasons. We fundamentally value each other’s time and are sensitive to how it is used. We are an output not input-based culture, have respect for people’s personal decisions, and believe that one's workload must be sustainable. We seek balance for ourselves and our colleagues.

Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

Explore Location

Top Skills

Excel
Tableau
The Company
HQ: New York, NY
78,000 Employees
On-site Workplace
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries.

Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity.

Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics.

Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people.

Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society.

Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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