Senior Compensation Consulting Analyst

Marsh McLennan; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A global consulting firm is seeking a Senior Compensation Consulting Analyst in Toronto. The role involves designing compensation programs, conducting market research, and advising senior leaders on talent strategies. Candidates should have a bachelor's degree and relevant analytical skills. This position offers a hybrid work model, requiring at least three days a week in the office.

Benefits

Professional development opportunities

Inclusive culture

Flexible work environment

Qualifications

• Minimum 1 year of relevant work experience in consulting, total rewards, compensation, finance, HR, or accounting.
• Strong working knowledge of Excel including advanced formulas.
• Demonstrated ability in data analysis and presentation design.

Responsibilities

• Conduct market research to understand compensation trends and organizational performance.
• Design compensation structures and implement incentive plans.
• Prepare client reports and presentations including senior management recommendations.

Skills

Analytical skills

Communication skills

Excel proficiency

Data analysis

Interpersonal skills

Education

Bachelor's degree in Commerce, Economics, Finance, Statistics, Accounting or related field

Tools

Excel

SQL

Tableau

Job description

Company : Mercer

Description :

We are seeking a talented individual to join our Career team at Mercer . This role will be based in Toronto and it is a hybrid role with a requirement of working at least three days a week in the office.

As a Senior Compensation Consulting Analyst you will play a pivotal role in shaping innovative rewards strategies that drive organizational success and attract top talent. Youll craft and implement tailored compensation and incentive programs ensuring alignment with business goals and regulatory standards. By delivering compelling insights and recommendations to senior leaders youll influence key talent decisions and help clients stay ahead in a competitive market.

Mercers Career business segment helps our clients around the world engage their talent to drive business performance. Career 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.

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 clients 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

What you need to have :

Bachelors degree in Commerce Economics Finance Statistics Accounting or related field

Minimum 1 year of relevant work experience in management consulting total rewards compensation finance human resources or accounting preferred

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

Involvement in extracurricular activities clubs and / or sports teams

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 an impact on 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.

Mercer a business of Marsh McLennan (NYSE : MMC) is a global leader in helping clients realize their investment objectives shape the future of work and enhance health and retirement outcomes for their people. 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 90000 colleagues Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information visit 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 disability ethnic origin family duties gender orientation or expression 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 accordance with the Accessibility for Ontarians with Disabilities Act 2005 Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individuals particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact

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.

Required Experience :

Senior IC

Key Skills

Splunk,IDS,Microsoft Access,SQL,Cybersecurity,Intelligence Experience,Malware Analysis,Tableau,Analysis Skills,SAS,Data Analysis Skills,Analytics

Employment Type : Full-Time

Experience : years

Vacancy : 1