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- Tasks: Join our global team to analyse and enhance compensation programs across 25+ countries.
- Company: Oliver Wyman is a leading management consulting firm with a global presence and a focus on innovation.
- 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 drives impactful change and values diverse perspectives.
- Qualifications: Bachelor's degree and 4-6 years in compensation or analytics; strong Excel skills required.
- Other info: We encourage self-starters who thrive in fast-paced environments and value collaboration.
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.
- 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.
- 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.
- Experience with market pricing methodologies and surveys.
- Expertise in different compensation models and structures.
- Experience with Workday.
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!
Senior Compensation Analyst (f/m/d) - in London employer: JobFlurry
Contact Detail:
JobFlurry 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 projects or achievements will demonstrate your expertise and fit for the role.
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 specific examples that demonstrate your problem-solving skills and ability to work with sensitive information.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Oliver Wyman. Mention how your background aligns with their values and the key responsibilities of the Senior Compensation Analyst position.
Highlight Technical Skills: Emphasise your proficiency in Excel, PowerPoint, 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.
Showcase Communication Abilities: Oliver Wyman values effective communication. Include examples in your application that demonstrate your ability to communicate complex information clearly to diverse audiences, both verbally and in writing.
How to prepare for a job interview at JobFlurry
✨Research Oliver Wyman
Before your interview, take the time to understand Oliver Wyman's values, culture, and recent projects. Familiarising yourself with their thought leadership materials will help you align your answers with their mission and demonstrate your genuine interest in the company.
✨Showcase Your Analytical Skills
As a Senior Compensation Analyst, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to influence business decisions. Highlight your experience with Excel and any quantitative models you've built.
✨Prepare for Behavioural Questions
Expect questions that assess your problem-solving abilities and how you handle pressure. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your maturity and professionalism in challenging situations.
✨Communicate Effectively
Since the role involves advising various stakeholders, practice articulating complex compensation concepts clearly and concisely. Tailor your communication style to suit different audiences, demonstrating your ability to engage effectively with diverse teams.
