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  • Posted: Mar 21, 2024
    Deadline: Not specified
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    Marsh is the worlds leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas ...
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    Senior Associate - Rewards (Johannesburg)

    What you can expect:

    The Senior Associate will work with a wide range of clients to help them develop and implement reward programs for their employees, providing expert advice on pay philosophy, reward strategy, incentive design, market trends, regulations and best practices. Drawing on global research and rigorous analysis, compensation consultants equip clients with guidance, knowledge, tools and support to ensure their reward programs reinforce their strategic objectives.

    What you will be rewarded with:

    • Join the largest HR Consulting firm in the world, with a strong brand and strong results to match
    • Opportunity to make the difference and to work on both local and regional projects
    • Attractive benefits coverage, outstanding learning and mentoring programs, and internal mobility opportunities
    • Stable employment and hybrid working model

    We will rely on you to:

    • Write and structure client presentations/reports which typically require a high level of customization.
    • Perform data analysis using advanced dynamic Excel modelling.
    • Draw conclusions from the data for project managers’ and senior consultants’ review.
    • Review and/or develop exhibits based on collected and calculated data.
    • Work closely with project managers and senior consultants on the project to determine the exhibits to be included in the final client presentations.
    • Understand project components and processes to make sure analyses are correct.
    • Accountable for delivery of high-quality work on time and on budget.
    • Applies computer and research skills to understand financial performance, talent management trends, and pay practices and policies for a particular client and within the broader marketplace.
    • Review Excel exhibits in PowerPoint presentations and initial conclusions prepared by analysts.
    • Review financial and compensation data analyses prepared by analysts, ensuring it is accurately calculating desired information.
    • Oversee the development of methodology by analysts and manage small to medium engagements.
    • Provide guidance to project team analysts and ensures timely delivery of work and achievement of project objectives.
    • Manage smaller projects and workstreams of larger client projects. May lead additional internal projects as needed and participates in business development by supporting project plan development and pricing.
    • Serve as a day-to-day client contact for project areas including methodology, data requests and data management.
    • Act as a liaison between the Mercer project team and the client secondary contact (i.e., compensation analyst). Participate in meetings with clients, including fact-finding interviews and presentations.
    • Uses Mercer’s proprietary tools (e.g., Global Disclosure Database which houses info compiled from public filings from many organizations across multiple industries; PayMonitor which is the delivery tool for Mercer surveys globally, including both compensation and total reward surveys, used to query, view and export survey statistics for actual and regressed market data, and to generate custom survey reports) and public filings to gather pay practices and policies. May also research other sources to solicit industry knowledge, company news, competitor reports on high level/ industry trends, etc.
    • Develop and reviews peer groups - lists of organizations against which the client organization is compared (e.g., based on revenue, brand, industry, etc.) and/or are the client’s direct competitors.

    What you need to have:

    • Minimum of 8-10 years demonstrable working experience
    • Have HR value chain knowledge, specifically Rewards background
    • Previous experience in a consulting and client facing role
    • Ability to analyse and draw conclusions from rewards data
    • Business development

    What makes you stand out:

    • Good understanding of the African market and clients
    • Great communicator, collaborator, influencer
    • Continuous improvement approach and in touch with current industry trends
    • Think outside of the box and a can-do attitude

    Method of Application

    Interested and qualified? Go to Marsh on careers.marshmclennan.com to apply

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