Marsh McLennan

Compensation Consultant, Associate

Marsh McLennan$75K — $113K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 3 years in consulting, total rewards, compensation, finance, HR, or accounting; OR 5 years in project management, data analysis, financial modeling, presentation design.
  • Strong analytical skills, both quantitative and qualitative, with a solid Excel background.
  • Ability to adapt and thrive under tight deadlines or changing client needs.
  • Excellent interpersonal, verbal, and written communication skills.
  • Intellectual curiosity and desire for continuous skill development.

Responsibilities

  • Conduct research and analysis on industry and organization-specific compensation and talent management practices.
  • Analyze client's strategic and financial information to develop rewards and talent solutions.
  • Participate in brainstorming sessions for client recommendations.
  • Prepare and present client presentations for executives and HR leaders.
  • Develop base salary and bonus programs for non-executive employees.
  • Create role profiles and career path tools.

Benefits

  • Health and welfare benefits
  • Tuition assistance
  • Retirement programs
  • Employee assistance programs
Full Job Description

We are seeking a talented individual to join our Career team at Mercer. This role will be based in Toronto, and it is a hybrid role with a requirement of working at least three days a week in the office.

As a Compensation Consultant Associate, you will join a national team of 100 passionate consultants who have a wealth of expertise in employee and executive rewards, employee communication, talent strategy and workforce analytics. This is a great opportunity to work with a premier client base consisting of large complex Canadian and global organizations, and be able to tap into the expertise across Mercer’s global network and work with a broad range of colleagues and industry experts.

The applicable base salary range for this role is $75,500 to $113,500.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.

We will count on you:

  • Conduct research and analysis to understand industry and organization-specific issues, including business strategy, corporate performance, compensation and rewards practices and trends, and best practices in talent management

  • Analyze clients' strategic, financial, and organizational information to provide insights that will develop into rewards and talent solutions

  • Participate in team brainstorming sessions to develop client recommendations

  • Prepare client presentations, including recommendations presented to boards of directors, executives, senior management, and HR leaders

  • Developing a base salary and bonus program for non-executive employees

  • Creating role profiles and career path tools

What you need to have: 

  • Minimum 3 years of relevant work experience in management consulting, total rewards, compensation, finance, human resources or accounting preferred

    • OR minimum 5 years of experience in project management, data analysis, financial modeling and presentation design

  • Strong analytical skills, both quantitative and qualitative, and a solid background in Excel

  • Flexibility, adaptability and the ability to work under tight deadlines or changing client needs

  • Excellent interpersonal, verbal, and written communication skills

  • Intellectual curiosity, seeking opportunities to develop new skills

What makes you stand out?

  • BComm, HBA/MBA, MIR or related degree including significant coursework in finance, economics, statistics, mathematics, human resources (HR) and/or accounting, or equivalent work experience preferred

  • Progress towards CHRP, CCP designations

The applicable base salary range for this role is $75,500 to $113,500.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.

This is a Replacement position.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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