Oliver Wyman - Compensation Analyst - Boston

Oliver Wyman; Boston; Hybrid; USD 70,000 - 95,000; Full time

Job summary

A leading consulting firm seeks a Compensation Analyst to provide comprehensive compensation support aimed at enhancing business goals. This role involves conducting market analysis, building quantitative models, and preparing reports to assist senior management in decision-making.

Qualifications

• 2-3 years of experience in compensation, finance, analytics, or human capital.
• Strong analytical and problem-solving skills with a commitment to accuracy.
• Ability to work with sensitive information and maintain confidentiality.

Responsibilities

• Conduct annual market pay analysis to ensure competitive compensation programs.
• Build quantitative models in Excel to support business decisions.
• Prepare reports and presentations for senior management.

Skills

Analytical skills

Interpersonal skills

Attention to detail

Problem-solving skills

Education

BA or BS degree

Tools

Excel

PowerPoint

Tableau

Workday

Job description

Oliver Wyman - Compensation Analyst - Boston

About Oliver Wyman

Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. Our 5000 professionals help clients 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

Job Overview:

Oliver Wyman is seeking a Compensation Analyst to provide broad-based compensation support to advance strategic business objectives. The ideal candidate will have a strong attention to detail and possess excellent analytical and interpersonal capabilities.

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.
• Participate in various surveys and gather anecdotal benchmarks
• Prepare reports and presentations for senior management
• Support the administration of the midyear and annual compensation review processes
• Work with Finance professionals to provide bonus accruals
• Assist in the development and implementation of compensation programs.
• Develop and maintain annual compensation communication materials
• Support special projects as necessary

Your Education and Experience:

• 2-3 years of experiences working in compensation, finance, analytics and/or human capital
• BA or BS degree or equivalent
• Excellent Excel and PowerPoint skills; experience with Tableau or similar data visualization tools a plus
• Your skills and abilities:
• Strong analytical and problem-solving skills with a commitment to accuracy
• 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

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, 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [e-mail].

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.