Senior Compensation Analyst - in London

International Catalyst Services, LLC; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading company is seeking a Senior Compensation Analyst to oversee compensation programs in London. This role involves conducting market pay analyses, advising on guidelines and policies, and building quantitative models. You will collaborate with finance and human capital teams to enhance compensation strategies globally. Candidates should have 4-6 years of experience and a Bachelor’s degree in a relevant field.

Qualifications

• 4 to 6 years of experience in compensation, finance, analytics.
• Strong Excel skills and experience with data visualization tools.
• Experience with market pricing methodologies is a plus.

Responsibilities

• Conduct market pay analysis to ensure competitiveness.
• Build quantitative models in Excel for business decisions.
• Advise on compensation guidelines and manage communication materials.

Skills

Analytical skills

Problem-solving skills

Collaboration

Communication

Education

Bachelor’s degree

Advanced degree in business, finance or human capital

Tools

Excel

PowerPoint

Tableau

Workday

Job description

We are seeking an experienced Senior Compensation Analystto 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:

• 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.

• Play a key role in the midyear and annual compensation planning and review process for an employee group or region

• Advise human capital and talent professionals on compensation guidelines, policies, and practices

• Develop and manage compensation communication materials

• Work closely with finance professionals to manage compensation budgets and bonus accruals throughout the year

• Partner with Compensation leadership to continuously improve and enhance existing processes and tools

Your Education and Experience:

• Bachelor’s degree; an advanced degree in business, finance or human capital

• 4 to 6 years of progressively responsible experience in compensation, finance, analytics and/or human capital

• Excellent Excel and PowerPoint skills; experience with Tableau or similar data visualization tools a plus

• Demonstrated problem solving skills with the ability to perform independent in-depth quantitative analysis

• Demonstrated problem solving skills with the ability to perform independent in-depth quantitative analysis

Your skills and abilities:

• Strong analytical and problem-solving skills with a commitment to accuracy

• Builds excel models and performs independent in-depth analysis

• 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

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, 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 [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.