Senior Consultant - Compensation Consulting

Mercer; Mumbai; Hybrid; INR 1,500,000 - 2,100,000; Full time

Job summary

Mercer in Mumbai invites applications for a Senior Consultant in Compensation Consulting. The role is based in Mumbai and operates in a hybrid model, requiring three days in the office weekly. You will lead project planning, client engagements, and deliverables within Mercer’s framework.

The ideal candidate has an MBA/PG in HR and 4–6 years of experience in compensation, preferably with consulting background. Strong Excel and data analytics skills are essential.

Qualifications

• MBA/Post Graduation in Human Resources or equivalent.
• 4-6 years of experience post qualification.
• Relevant experience in compensation domain (prior consulting experience is preferable)

Responsibilities

• Create a project plan based on the scope of work agreed with the client.
• Seek sign-off from the Project Manager and client project team on the plan.
• Schedule meetings with client points of contact as required per the project plan.
• Monitor and report progress against deliverables to the client and project team on an ongoing basis.
• Escalate any delays in the delivery of key milestones to the Project Manager
• Make presentations to the client on the recommended solution; Modify the solution as per recommendations shared by client within Mercer’s framework
• Liaise with Finance and raise invoices on a timely basis based on agreed deliveries; Track payments for the project on an ongoing basis
• Identify key clients in the industry segment assigned / owned; Meet prospective clients and present solutions
• Create proposals for prospective clients; Interact with clients for preliminary information; Modify proposals as required
• Interact with clients (with minimal support) for seeking information, discussing deliverables and setting up meetings as part of the project deliverables
• Build a strong working relationships with clients and establish self as a key point of contact
• Ensure engagement beyond the project delivery to grow Mercer wallet share and be a preferred provider

Skills

Interpersonal communication

Data analytics

HR knowledge

Result-oriented

Education

MBA/PG in HR

Tools

Excel

Job description

We are seeking a talented individual to join our Career Consulting Team at Mercer, a business of Marsh. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

Senior Consultant - Compensation Consulting

We will count on you to:

• Create a project plan based on the scope of work agreed with the client;
• Seek sign-off from the Project Manager and client project team on the plan;
• Schedule meetings with client points of contact as required per the project plan;
• Monitor and report progress against deliverables to the client and project team on an ongoing basis;
• Escalate any delays in the delivery of key milestones to the Project Manager
• Make presentations to the client on the recommended solution;
• Modify the solution as per recommendations shared by client within Mercer’s framework
• Liaise with Finance and raise invoices on a timely basis based on agreed deliveries;
• Track payments for the project on an ongoing basis
• Identify key clients in the industry segment assigned / owned
• Meet prospective clients and present solutions
• Create proposals for prospective clients; Interact with clients for preliminary information; Modify proposals as required
• Interact with clients (with minimal support) for seeking information, discussing deliverables and setting up meetings as part of the project deliverables
• Build a strong working relationships with clients and establish self as a key point of contact
• Ensure engagement beyond the project delivery to grow Mercer wallet share and be a preferred provider

What you need to have:

• MBA/Post Graduation in Human Resources or equivalent .
• 4 -6 years of experience post qualification
• Relevant experience in compensation domain (prior consulting experience is preferable)

What makes you stand out:

• Human Resources, experience expertise in Compensation & Benefit is preferred
• Good understanding of various areas in HR, comfort with numbers and understanding of compensation terminology
• High proficiency with excel and data analytics
• Dynamic, motivated, flexible and result-oriented personality with the ability to perform under pressure
• Excellent interpersonal and communication skills

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.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X. Marsh 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, caste, 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. Marsh 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 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.