Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our global compensation team to analyse and enhance our competitive pay programs.
- Company: Oliver Wyman is a leading management consulting firm with a global presence and a focus on impactful solutions.
- Benefits: Enjoy a flexible work environment, career breaks, and a culture that values work-life balance.
- Why this job: Be part of a dynamic team that values diverse perspectives and aims to make a real impact.
- Qualifications: Bachelor's degree required; 4-6 years in compensation or finance, with strong Excel skills.
- Other info: We encourage self-starters who thrive in fast-paced environments and value confidentiality.
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.
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.
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.
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!
Senior Compensation Analyst (f/m/d) - in London employer: Oliver Wyman
Contact Detail:
Oliver Wyman Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compensation Analyst (f/m/d) - in London
✨Tip Number 1
Familiarise yourself with Oliver Wyman's compensation philosophy and recent market trends. Understanding their approach will help you align your discussions and demonstrate your knowledge during interviews.
✨Tip Number 2
Brush up on your Excel skills, especially in building quantitative models. Being able to showcase your analytical capabilities with real examples can set you apart from other candidates.
✨Tip Number 3
Network with current or former employees of Oliver Wyman. They can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 4
Prepare to discuss your experience with compensation models and market pricing methodologies. Highlighting relevant experiences will show that you are well-equipped for the role and understand the complexities involved.
We think you need these skills to ace Senior Compensation Analyst (f/m/d) - in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation analysis, finance, and analytics. Use keywords from the job description to demonstrate that you meet the specific requirements of the Senior Compensation Analyst role.
Craft a Compelling Cover Letter: In your cover letter, express your passion for compensation management and how your skills align with Oliver Wyman's values. Mention specific experiences that showcase your analytical abilities and problem-solving skills.
Showcase Technical Skills: Emphasise your proficiency in Excel and any experience with data visualisation tools like Tableau. Provide examples of how you've used these skills in previous roles to support business decisions or improve processes.
Highlight Collaborative Experience: Oliver Wyman values teamwork and collaboration. Include examples in your application that demonstrate your ability to work effectively across different functions and influence business partners.
How to prepare for a job interview at Oliver Wyman
✨Showcase Your Analytical Skills
As a Senior Compensation Analyst, you'll need to demonstrate strong analytical abilities. Be prepared to discuss specific examples of how you've used data analysis in previous roles, particularly in Excel or similar tools, to drive business decisions.
✨Understand Market Trends
Familiarise yourself with current compensation trends and methodologies. During the interview, you might be asked about your insights on market pay analysis, so having up-to-date knowledge will show that you're proactive and well-informed.
✨Communicate Effectively
Since the role involves advising various stakeholders, practice articulating complex compensation concepts in simple terms. Highlight your experience in communicating with diverse audiences, as this is crucial for success in the position.
✨Demonstrate Problem-Solving Abilities
Prepare to discuss challenges you've faced in previous roles and how you approached solving them. Emphasising your problem-solving skills will align with the firm's focus on finding sustainable solutions and improving processes.
