Senior Compensation Consultant – Chicago
Job Description
Merceris seeking qualified candidates for the following position based in the Chicago office:
Compensation/Rewards Senior Associate Consultant
Mercer's Compensation practice works with a wide range of clients to design and implement broad-based and executive rewards programs to help attract and retain talent. We do this by understanding our clients unique strategies, capabilities, and company cultures and applying our design and analytical skills and in-depth knowledge of global market practices to deliver effective results. Within this context, we help our clients:
- Benchmark compensation levels relative to market
- Assist in the design of incentive compensation structures which align rewards with value-creating business strategies
- Stay abreast of regulatory developments and their implications and monitor global market trends
- Support the project team in developing deliverables for clients
To learn more about Mercer's Compensation & Rewards practice, please visit
What can you expect
- The Compensation/Rewards Senior Associate works with a wide range of clients to design and implement broad-based rewards programs
- You will apply your experience and analytical ability to present conclusions to clients and help them understand recommendations and their impact
- You will manage client projects, draft client presentations, assist in providing consulting advice, and formally and/or informally manage a team of Analysts and Associates, providing feedback, technical review, and development
What's in it for you
- A company with a strong brand, with experience developingsolutionsfortoday's and tomorrow's toughest challenges
- The opportunity to grow your career and showcase your talent in a global organization
- An opportunity to learn other areas in career consulting, such as communications and HR transformation
- A culture of internal mobility, diversity, inclusion, and collaboration
- which provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations
- Flexible work opportunities for work/life balance
- Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance) plus a fixed company contribution AND a company match on your 401k, after one year of service
We will count on you to:
- Prepare project charts and templates using project management tools, estimate hours for the project team, and prepare timelines for project milestones
- Serve as an independent project manager for more straightforward projects or work streams
- Ensure client projects adhere to budget, and immediately address out-of-scope issues or budget overruns and manage the client's expectations
- Prioritize project activities to manage the workload and meet project deadlines
- Delegate and leadproject tasks in line with individual capability, development needs, and available analyst and associate resources
- Identify new business opportunities with clients and manage proposal process
- Lead both internal and client project status meetings
- Serve as a primary client contact and build relationships with clients
What you need to have:
- Bachelor's degree
- At least4 years experience in broad-based rewards/compensation
- External consulting experience required (experience consulting with external clients on behalf of a professional services firm)
- Knowledge of compensation principles, e.g., job benchmarking, salary structure design, job architecture
- Strong quantitative background and skill set
- Deep analysis and reporting experience — skilled in data manipulation and analysis using spreadsheet software, as well as developing written reports which summarize analysis and provide interpretation in the context of the challenge faced by the client
- Proven project management skills and creative problem-solving abilities
What makes you stand out:
- Executive compensation experience nice to have, but not required
- Job Architecture experience
- The ability to work on multiple projects simultaneously on a variable schedule based on project demand and link compensation challenges to broader business or industry context
- Knowledge of executive compensation
- An active listener –giving full attention to what other people are saying, taking time to understand the points being made and asking questions as appropriate
believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a business of (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annual revenue of $17 billion. Through its market-leading businesses including , and , Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit . Follow Mercer on Twitter .
Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.
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Job Details
Employment Types:
Full time
Industry:
Banking / Accounting / Financial Services
Function:
IT
Roles:
Software Engineer / Programmer
Skills:
executive compensation career consulting Strategy job architecture salary structure design Budget project management tools Business Strategies regulatory developments Development analytical Analysis client presentations client contact creative problem-solving work/life balance Mentoring delegate Flexible Consulting hr transformation compensation structures compensation principles Data Manipulation Impact
