Compensation Analyst

Company Name:
Marsh & McLennan Companies
Marsh & McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. It is the parent company of a number of the world's leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. With over 50,000 employees worldwide and annual revenue of approximately $10 billion, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 100 countries. Its stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges.
Guy Carpenter is the worlds premier reinsurance intermediary and strategic advisor to leading insurance and reinsurance organizations, delivering integrated solutions through its industry-leading analytics and advisory services, highly specialized product knowledge and trading relationships with reinsurance markets around the world. Headquartered in New York City, Guy Carpenter has more than 2,300 employees in more than 50 locations worldwide.
We are seeking a Compensation Analyst.
Position Summary:
The Compensation Analyst is a key resource in supporting the Guy Carpenters Total Rewards functions through analyzing pay programs, data audit and trends. The Analyst will also be responsible for partnering with the Global Human Resources team to produce a variety of technical and analytical tasks related to Total Rewards.
-Responsible for consulting and advising Global HR Business Partner regarding compensation policy interpretation, new hire offers, market analysis, job evaluation and other compensation projects and initiatives
-Responsible for partnering with MMC to manage data integrity and compliance including but not limited to PeopleSoft, HCC, etc. Also build and maintain PeopleSoft queries to provide ad hoc analyses related to, but not limited to, compensation and various business ad hoc analyses to HR Business Partner
-Assist with formulating job descriptions, which consist of evaluating the role, working with the HRBP or business leaders on the context and then calculating the % breakout of work
-Responsible for partnering with HR Business Partners during the Year-End Compensation process to deliver reporting and analytics on compensation benchmark, salary, bonus, LTIP
-Responsible for researching situations as they arise related to aspects of Total Rewards to provide clarity or possible solutions
Responsible for managing projects such as survey participation and analysis, compensation integration for mergers and/or acquisitions and job competitiveness on internal and external equity
Partner with Compensation Manager on a variety of projects including program design, analysis, funding analysis, implementation of new programs, Bonus/Salary pools and LTIP grants
Bachelors Degree in Human Resources, Accounting, Finance or Communications
3 - 5 years experience in the analysis, design, and/or administration of compensation programs
Knowledge and skills
-Strong MS Office skills, specifically Excel are required. PeopleSoft experience is a plus
-Proven ability to be analytical and handle data effectively
-Attention to detail
-Excellent written and verbal communication skills, especially with internal clients
-Must be able to manage multiple tasks and meet deadlines in a fast paced environment
-Possess the maturity to handle sensitive information
-Ability to juggle multiple tasks while still delivering high quality results
-Ability to function as an effective and respected partner to internal clients
-Ability to understand the labor market and trends overtime
-Strong organizational and project administration skills
Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, pension and 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://www.mmc.com/. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity.
Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet employers

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