Marsh McLennan

Rewards Senior Associate Consultant

Marsh McLennan • $80K — $110K *
Dallas, TX 75217Hybrid
Business Services
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree required.
  • 5+ years of experience in broad-based rewards/compensation.
  • Prior external consulting experience is essential.
  • Strong understanding of compensation principles such as job benchmarking and salary structure design.
  • Proficient in quantitative analysis and data manipulation using spreadsheet software.
  • Experience in generating analytical reports with interpretation for client challenges.
  • Demonstrated project management and problem-solving skills.

Responsibilities

  • Prepare project charts and templates with management tools.
  • Act as an independent project manager for projects and work streams.
  • Develop compensation strategies tailored to client needs.
  • Ensure adherence to project budgets and manage client expectations.
  • Prioritize project tasks to meet deadlines effectively.
  • Delegate tasks based on individual capabilities and project requirements.
  • Partner with senior leaders to manage proposal processes effectively.
  • Lead internal and client meetings discussing project findings and updates.

Benefits

  • Opportunity to work in a hybrid role (3 days in office).
  • Engagement in high-impact compensation strategy development.
  • Direct involvement with clients to build professional relationships.
  • Pathway for professional development through coaching and mentoring opportunities.
Full Job Description
Company:
Mercer

Description:

We are seeking a talented individual to join our Career Consulting team at Mercer. This role will be based in Dallas, TX. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Rewards Senior Associate is part of Mercer's Career practice, a team that designs and implements broad-based and executive rewards programs to help clients attract and retain talent. In this role you apply analytical and design skills to benchmark pay, shape incentive structures aligned to business strategy, monitor regulatory and market trends, and develop client-facing deliverables. You will manage client projects and presentations and provide formal and informal coaching, technical review, and development for Analysts and Associates on the project team.

We will count on you to:
  • Prepare project charts and templates using project management tools, estimate hours for the project team, and prepare timelines for project milestones
  • Serve as an independent project manager for entire projects and/or work streams
  • Develop compensation strategies, philosophies, and programs that address clients' attraction and retention need
  • Ensure client projects adhere to budget, and immediately address out-of-scope issues or budget overruns and manage the client's expectations
  • Prioritize project activities to manage the workload and meet project deadlines
  • Delegate and lead project tasks in line with individual capability, development needs, and available analyst and associate resources
  • Partner with our Principals and Partners to help manage proposal process
  • Lead both internal and client project finding, status, and check-in meetings
  • Serve as a primary client contact and build relationships with clients


What you need to have:
  • Bachelor's degree
  • At least 5 years' experience in broad-based rewards/compensation
  • External consulting experience required (experience consulting with external clients on behalf of a professional services firm)
  • Knowledge of compensation principles, e.g., job benchmarking, salary structure design, job architecture
  • Strong quantitative background and skill set
  • Deep analysis and reporting experience -- skilled in data manipulation and analysis using spreadsheet software, as well as developing written reports which summarize analysis and provide interpretation in the context of the challenge faced by the client
  • Proven project management skills and creative problem-solving abilities


What makes you stand out?
  • Executive compensation experience nice to have, but not required
  • Job Architecture experience, particularly with a focus on skills-enabled architectures
  • The ability to work on multiple projects simultaneously on a variable schedule based on project demand and link compensation challenges to broader business or industry context
  • Knowledge of executive compensation
  • An active listener -- giving full attention to what other people are saying, taking time to understand the points being made and asking questions as appropriate


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
Finance & Insurance
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ
MMC
* Ladders Estimates

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