Senior Manager, Global Compensation

25 Minutes ago • All levels
Human Resource

Job Description

Marsh McLennan is seeking a Senior Manager for their Global Compensation team, based in London or New York. This hybrid role requires three days a week in the office. The individual will help shape and drive enterprise-wide rewards strategies, programs, and initiatives, leading workstreams and collaborating across the Compensation and People Experience function. The role involves serving as an SME on global reward topics, leading compensation strategies, driving cross-functional collaboration, and supporting strategic initiatives.
Good To Have:
  • Previous/current Reward/Compensation Consulting experience at senior level within a consultancy.
Must Have:
  • Serve as an enterprise-wide Subject Matter Expert (SME) and advisor on global reward related topics.
  • Lead and deliver enterprise-wide compensation strategies and programs across various reward topics.
  • Drive cross-functional collaboration by consulting with CoE’s and HR partners.
  • Support the Marsh McLennan Compensation Leader in driving strategic initiatives.
  • Partner closely with the People Experience Chief of Staff and other CoE leaders.
  • Research industry trends and best practices in rewards.
  • Support regional and global project work related to reward programs.
  • Apply a consultative skillset to reward-related themes.
  • Significant experience within global/international total rewards/compensation, ideally financial or professional services.
  • A consultative mindset and client-centric approach to problem solving.
  • Intellectually curious, seeking opportunities to develop new skills.
  • Excellent analytical and problem-solving skills.
  • Advanced proficiency in both PowerPoint and Excel.
  • Discipline to work both individually as well as collaboratively.
  • Excellent communication and interpersonal skills.
  • Ability to work in a fast-paced and dynamic environment.
Perks:
  • Professional development opportunities
  • Interesting work
  • Supportive leaders
  • Vibrant and inclusive culture
  • Work with talented colleagues
  • Create new solutions and have impact
  • Range of career opportunities
  • Benefits and rewards to enhance well-being

Add these skills to join the top 1% applicants for this job

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Company:

MMC Corporate

Description:

We are seeking a talented individual to join our Global Compensation team at Marsh McLennan. This role will be based in London or New York. This is a hybrid role that has a requirement of working at least three days a week in the office.

Senior Manager, Global Compensation

  • The Senior Manager, Global Compensation helps shape and drive enterprise-wide rewards strategies, programs and initiatives by leading workstreams and collaborating across the broader Compensation and People Experience function. The role will be a part of the Compensation CoE’s leadership team and report to the Marsh McLennan Global Compensation Leader.
  • The Compensation COE forms part of the People Experience team. The People Experience team identifies, develops and delivers solutions, and is comprised of ten centers of expertise — Impact, Leadership, Culture, Career, Compensation, Benefits & Mobility, Talent Acquisition, Workforce Planning, Employee Relations and HR Services. The People Experience team delivers informed perspectives and creative solutions; anticipates and helps the organization respond to market, business and colleague needs; and brings a balance of deep technical expertise and consultative approach to identifying opportunities and developing scalable solutions that enable impact.

We will count on you to:

  • Serve as an enterprise-wide Subject Matter Expert (SME) and advisor on global reward related topics spanning our Marsh, Mercer, Guy Carpenter, Corporate and Oliver Wyman businesses.
  • Lead and deliver enterprise-wide compensation strategies and programs across a broad spectrum of reward topics such as annual pay review, pay equity, pay transparency, regulatory requirements, job architecture, systems, market research and more.
  • Drive cross-functional collaboration by consulting with our CoE’s and HR partners to understand and diagnose strategic compensation priorities, define reward requirements and ensure appropriate partnership, engagement and alignment on delivering solutions.
  • Support the Marsh McLennan Compensation Leader in driving strategic initiatives as well as representing the CoE to cross-functional teams.
  • Partner closely with the People Experience Chief of Staff and other CoE leaders to ensure seamless integration of compensation programs within the broader talent and people priorities.
  • Research industry trends and best practices in rewards, surfacing and summarizing relevant themes.
  • Support regional and global project work related to reward programs, contributing to the achievement of project objectives.
  • Apply a consultative skillset to reward-related themes, turning complex topics into an integrated narrative that aligns with Marsh McLennan’s purpose and commitments.

What you need to have:

  • Significant experience within global/international total rewards/compensation, within a large matrixed organization, ideally financial or professional services
  • A consultative mindset and client-centric approach to problem solving with the ability to influence and drive change.
  • Intellectually curious, seeking opportunities to develop new skills for themselves and others.
  • Excellent analytical and problem-solving skills, with the ability to interpret and analyze complex data sets.
  • Advanced proficiency in both PowerPoint and Excel, including the ability to bring a story to life through crisp executive ready presentations.
  • Discipline to work both individually as well as collaboratively across a team
  • Excellent communication and interpersonal skills to collaborate effectively and confidently with diverse, senior level stakeholders globally.
  • Ability to work in a fast-paced and dynamic environment, with a high level of adaptability to different cultural contexts

What makes you stand out?

  • Previous/current Reward/Compensation Consulting experience at senior level within a consultancy.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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