Marsh People and Investment - Compensation Consulting Analyst - Ottawa- 2027 New Grads

Marsh; Ottawa; Hybrid; CAD 65,000 - 90,000; Full time

Job summary

Marsh People and Investments is seeking a Compensation Analyst to join the Workforce and Rewards team in Ottawa, starting January 2027. This hybrid role requires three days in-office per week and offers opportunities to work with clients globally on rewards strategies and job evaluation.

You will analyze compensation trends, design pay programs, and support senior consultants with data-driven insights and reports for executives and boards.

Qualifications

• Strong analytical and critical thinking skills, both quantitative and qualitative.
• Strong working knowledge of Excel including advanced formulas (VLOOKUP, INDEX(MATCH), COUNTIF, AVERAGEIF, etc.) and dashboards.
• Demonstrated experience in data analysis and presentation design.
• Excellent interpersonal, verbal, and written communication skills.
• Intellectual curiosity and drive to understand 'the why' and develop new skills.

Responsibilities

• Conduct market research and analysis to understand compensation trends, business strategy, and hiring/retention challenges.
• Design and implement executive, workforce, and sales compensation structures and incentive plans aligned with corporate objectives.
• Develop and implement job evaluation systems and performance management programs.
• Perform pay equity diagnostics for provincially and federally regulated clients.
• Prepare client reports and presentations for senior management, HR leaders, and boards.

Skills

Analytical skills

Excel expert

Data analysis

Communication skills

Education

Bachelor's degree in commerce/business/HR

Job description

Company: Marsh

Description:

We are seeking a talented individual to join our Workforce and Rewards team at Marsh People and Investments. This role will be based in Ottawa starting in January 2027 . This is a hybrid role that has a requirement of working at least three days a week in the office.

Marsh People and Investments' Workforce and Rewards business segment helps our clients around the world engage their talent to drive business performance. Workforce and Rewards consultants partner with HR leaders, board members, and top-level executives to optimize business performance through strategies that enable organizations to better reward and engage their people. We stay ahead of the competition by providing best-in-class information, unsurpassed global reach, dedicated support services, and innovative solutions. We bring clients a range of integrated solutions across five practice areas: Workforce Rewards, Executive Rewards, Workforce Planning & Analytics, Communications & Change Management and HR Transformation.

As a Compensation Analyst in the Workforce and Rewards practice, you will work with a broad range of clients and industries in a stimulating environment, participating as an integral member of project teams to diagnose issues and design strategic human resource solutions that support clients' success. You will be responsible for providing crucial quantitative and qualitative analytical support to senior consultants and draw meaningful conclusions from client and market data.

We will count on you to:

• Conduct market research and analysis to understand industry and organization-specific issues, including compensation and rewards trends, business strategy, corporate performance, and hiring and retention challenges
• Combine an understanding of clients' internal needs with external market practices to help facilitate a client's go-forward rewards strategy and programs
• Analyze clients' strategic, financial, and organizational information to provide insights that will develop into talent strategies and solutions
• Design and implement executive, workforce, and sales compensation structures and incentive plans to align pay and performance with corporate strategic objectives
• Develop and implement job evaluation systems and performance management programs
• Perform pay equity diagnostics that drive clients' pay equity compliance strategy for provincially and/or federally-regulated clients
• Prepare client reports and presentations, including recommendations presented to senior management, HR leaders, boards of directors, and executives

Example projects include:

• Designing and implementing a gender-neutral, pay equity-compliant job evaluation system to determine a company's internal hierarchy
• Executive and non-executive compensation benchmarking
• Conducting trends research regarding short and long-term incentive programs
• Developing a base salary and bonus program for non-executive employees
• Creating a compensation program for sales positions, including commissions
• Creating a career architecture including elements such as role profiles and career path tools

What You Need to Have

• Strong analytical and critical thinking skills, both quantitative and qualitative
• Strong working knowledge of Excel including advanced formulas (VLOOKUP, INDEX (MATCH), COUNTIF, AVERAGEIF, etc.) and developing analysis files and dashboards
• Demonstrated experience in data analysis and presentation design
• Excellent interpersonal, verbal, and written communication skills
• Intellectual curiosity and a drive to understand "the why", seeking opportunities to develop deeper understanding and new skills
• Flexibility, adaptability, and the ability to work under tight deadlines and changing client needs
• Superior organizational skills and strong attention to detail

What Makes You Stand Out?

• Completing a Bachelor's degree majoring in commerce, business, economics, finance, statistics, accounting, mathematics, actuarial sciences, psychology or HR preferred by December 2026.
• Consulting, business, finance/banking, accounting, HR, and/or economics internship experience preferred
• Demonstrated academic excellence with a minimum GPA of 3.0
• Involvement in extra-curricular activities, clubs and/or sports teams preferred

Why join our team:

We help you be your best through professional development opportunities, interesting work and supportive leaders.

We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.