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- Tasks: Join our global team to analyse and enhance compensation strategies across 25+ countries.
- Company: Oliver Wyman is a top-tier management consulting firm with a global presence.
- Benefits: Enjoy flexible work arrangements and a dynamic project-based environment.
- Why this job: Be part of a collaborative culture that values innovation and professional growth.
- Qualifications: Bachelor’s degree with 4-6 years in compensation, finance, or analytics required.
- Other info: Experience with Excel, Tableau, and Workday is a plus.
The predicted salary is between 43200 - 72000 £ per year.
Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities.
We are seeking an experienced Senior Compensation Analyst to join our office in London. 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.
- 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.
Qualifications:
- Bachelor’s degree; 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.
- Experience with market pricing methodologies and surveys.
- Expertise in different compensation models and structures.
- Experience with Workday.
Please submit your resume in English.
Senior Analyst - Transformation Management Office employer: Oliver Wyman
Contact Detail:
Oliver Wyman Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Analyst - Transformation Management Office
✨Tip Number 1
Familiarise yourself with Oliver Wyman's compensation philosophy and recent market trends. Understanding their approach will help you tailor your discussions during interviews and demonstrate your alignment with their values.
✨Tip Number 2
Brush up on your Excel skills, especially in building quantitative models. Consider creating a sample model that showcases your analytical abilities, as this could be a great talking point during your interview.
✨Tip Number 3
Network with current or former employees of Oliver Wyman to gain insights into the company culture and expectations for the Senior Analyst role. This can provide you with valuable information that you can use to stand out in your application.
✨Tip Number 4
Prepare to discuss your experience with compensation models and market pricing methodologies. Be ready to share specific examples of how you've applied these in previous roles, as this will highlight your expertise and suitability for the position.
We think you need these skills to ace Senior Analyst - Transformation Management Office
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation, finance, and analytics. Use specific examples that demonstrate your problem-solving skills and proficiency in Excel and data analysis.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Oliver Wyman's business and how your skills align with the role. Mention your experience with market pay analysis and compensation programs to make a strong case.
Highlight Technical Skills: Emphasise your technical skills, particularly in Excel, PowerPoint, and any experience with data visualisation tools like Tableau. Provide examples of how you've used these tools in previous roles.
Showcase Communication Abilities: Since the role involves developing communication materials and advising colleagues, highlight any experience you have in creating clear and effective communication strategies related to compensation.
How to prepare for a job interview at Oliver Wyman
✨Showcase Your Analytical Skills
As a Senior Analyst, you'll need to demonstrate your ability to conduct in-depth quantitative analysis. Be prepared to discuss specific examples of how you've used Excel to build models or analyse data in previous roles.
✨Understand Compensation Trends
Familiarise yourself with current compensation trends and market pricing methodologies. Being able to discuss how these trends impact business strategies will show that you are well-informed and ready to contribute.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills. Think about past challenges you've faced in compensation analysis and how you approached them, as this will highlight your critical thinking abilities.
✨Communicate Effectively
Since the role involves advising human capital and finance colleagues, practice articulating complex information clearly and concisely. Prepare to explain your thought process and findings in a way that is accessible to non-analysts.
