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Senior Consultant - Compensation Consulting


Marsh McLennan


Location

Bangalore | India


Job description

Role: Senior Consultant - Compensation Consulting Location: Bangalore

Grade: D

Role of a Senior Consultant in the Career (Rewards) Consulting Practice.

We will count on you to: The role is responsible for independently delivering solutions in the area of Compensation & Benefit-in the Career Products segment. This involves researching and understanding client context; analysing client data and preparation of reports basis market collation and client data. The role also has a component of business development.

What is in it for you Solution Design Interact with client to understand client requirements, their current organization structure and growth aspirations to contextualize the requirement. Research materials and apply analytical thinking to gain deeper understanding of the client requirement Prepare an outline of the recommended solution; Validate the recommended solution with the Project manager Share final proposal with client for select projects and ensure conversion through engagement and follow through.

Project Management and Delivery · Own one segment, area of work within the industry cluster and be responsible for its growth · Independently deliver solutions across the suite of Career Products segments such as Compensation benchmarking, Benefits benchmarking, pay structures, titling etc. Work as a member of a team in large projects · Create a project plan based on the scope of work agreed with the client; Seek sign-off from the Project Manager and client project team on the plan; Schedule meetings with client points of contact as required per the project plan; Monitor and report progress against deliverables to the client and project team on an ongoing basis; Escalate any delays in the delivery of key milestones to the Project Manager · Make presentations to the client on the recommended solution; Modify the solution as per recommendations shared by client within Mercer’s framework · Liaise with Finance and raise invoices on a timely basis based on agreed deliveries; Track payments for the project on an ongoing basis

Business Development Identify key clients in the industry segment assigned / owned Meet prospective clients and present solutions Create proposals for prospective clients; Interact with clients for preliminary information; Modify proposals as required

Client Relationship Management Interact with clients (with minimal support) for seeking information, discussing deliverables and setting up meetings as part of the project deliverables Build a strong working relationships with clients and establish self as a key point of contact Ensure engagement beyond the project delivery to grow Mercer wallet share and be a preferred provider

What you need to have: MBA/Post Graduation in Human Resources or equivalent from premier B school (2017, 2018 OR 2019 passout) 3-5 years of experience post qualification Relevant experience in compensation domain (p rior consulting experience is preferable)

What makes you stand out: Human Resources, experience expertise in Compensation & Benefit is preferred Good understanding of various areas in HR, comfort with numbers and understanding of compensation terminology High proficiency with excel and data analytics Dynamic, motivated, flexible and result-oriented personality with the ability to perform under pressure Excellent interpersonal and communication skills Dynamic, motivated, flexible and result-oriented personality with the ability to perform under pressure Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 85,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and Twitter. Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, caste, gender identity or any other characteristic protected by applicable law


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