Marsh & McLennan Companies

Oliver Wyman - Senior Compensation Analyst - Boston

Marsh & McLennan Companies

Keystone Building, 99 High St, Boston, MA 02110, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a skilled analyst with a passion for compensation strategy? Are you looking for a challenging and rewarding role in a dynamic environment? Look no further! We are seeking a Senior Compensation Analyst to join our team at Oliver Wyman, a leading global management consulting firm within Marsh & McLennan Companies. As a senior member of our Compensation team, you will play a crucial role in developing and implementing innovative and effective compensation programs to attract and retain top talent. If you have excellent analytical skills, a strong understanding of compensation practices, and a desire to make a meaningful impact, we want to hear from you!

  1. Develop and implement innovative and effective compensation programs to attract and retain top talent.
  2. Conduct comprehensive analysis of compensation data to identify trends and make recommendations for improvement.
  3. Collaborate with cross-functional teams to ensure alignment of compensation programs with company goals and objectives.
  4. Stay abreast of industry trends and best practices in compensation strategy.
  5. Conduct market research to benchmark compensation against competitors.
  6. Develop and maintain job descriptions and job levels for all positions within the organization.
  7. Review and approve job offers and promotions to ensure compliance with compensation policies and guidelines.
  8. Provide guidance and consultation to HR and management on compensation-related matters.
  9. Ensure compliance with all federal, state, and local laws and regulations related to compensation.
  10. Analyze and interpret compensation data to provide insights and recommendations to senior leadership.
  11. Prepare and present reports on compensation trends and metrics to senior leadership.
  12. Mentor and train junior members of the compensation team.
  13. Continuously evaluate and improve compensation processes and procedures.
  14. Collaborate with external vendors and consultants to support compensation programs and initiatives.
  15. Maintain confidentiality of sensitive compensation information.
Where is this job?
This job is located at Keystone Building, 99 High St, Boston, MA 02110, USA
Job Qualifications
  • Excellent Analytical And Problem-Solving Skills.

  • Bachelor's Degree In Human Resources, Finance, Or Related Field.

  • Minimum Of 5 Years Of Experience In Compensation Analysis Or Consulting.

  • Strong Understanding Of Compensation Principles, Practices, And Regulations.

  • Experience With Compensation Software And Data Analysis Tools.

Required Skills
  • Performance Management

  • Data Analysis

  • Market Research

  • Salary planning

  • HR analytics

  • Benchmarking

  • Compensation Strategy

  • Executive Compensation

  • Incentive Design

  • Job Evaluation

  • Pay Equity

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Oliver Wyman - Senior Compensation Analyst - Boston in Keystone Building, 99 High St, Boston, MA 02110, USA is $95,000 to $120,000 per year. This range may vary depending on factors such as level of experience, education, and specific job responsibilities.

Additional Information
Marsh & McLennan Companies is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMarch 25th, 2025
Apply BeforeMay 22nd, 2025
This job posting is from a verified source. 

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About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.

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