Senior Compensation Analyst - in London

Company: Oliver Wyman

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:

1. Conduct annual market pay analysis to ensure compensation programs remain competitive with the market.
2. Build quantitative models in Excel, including data gathering, data modelling, and analysis to support business decisions.
3. Play a key role in the midyear and annual compensation planning and review process for an employee group or region.
4. Advise human capital and talent professionals on compensation guidelines, policies, and practices.
5. Develop and manage compensation communication materials.
6. Work closely with finance professionals to manage compensation budgets and bonus accruals throughout the year.
7. Partner with Compensation leadership to continuously improve and enhance existing processes and tools.

Your Education and Experience:

1. Bachelor’s degree; an advanced degree in business, finance, or human capital.
2. 4 to 6 years of progressively responsible experience in compensation, finance, analytics, and/or human capital.
3. Excellent Excel and PowerPoint skills; experience with Tableau or similar data visualization tools a plus.
4. Demonstrated problem-solving skills with the ability to perform independent in-depth quantitative analysis.

Your Skills and Abilities:

1. Strong analytical and problem-solving skills with a commitment to accuracy.
2. Builds Excel models and performs independent in-depth analysis.
3. Works collaboratively across different functions and effectively influences business partners.
4. Communicates effectively with diverse audiences at all levels in verbal and written form.
5. Thrives in a fast-paced and changing environment.
6. Works well under pressure and ambiguity.
7. Ability to work with sensitive information and maintain confidentiality.
8. Maturity and professionalism.

Your Additional Skills That Will Give You an Advantage:

1. Experience with market pricing methodologies and surveys.
2. Expertise in different compensation models and structures.
3. 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, and 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.

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 embracing a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com. 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.