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Compensation Benefits Manager

2 months ago

Noida, India Mercer Full time

Mercer is seeking candidates for the following position based in the Noida office

Lead Specialist – Caree Consulting Delivery(D1)

What can you expect?

Under the guidance of experienced country consultants, contribute to the business through application of analytical techniques and methodologies on a range of projects across the Rewards service offering

What is in it for you?

Holidays (As Per the location)

Shared Transport (Provided the address falls in service zone)

We will count on you for:

  • Deliver rewards consulting projects across domains like job evaluation, grade design, salary structure design, compensation/benefits benchmarking, custom wage studies, etc. by working closely with country consultants
  • Analyze clients' financial and compensation data versus market utilizing excel modelling skills.
  • Support delivery of client project work through research, analysis, applying relevant methodologies, attending client meetings and drafting reports
  • Research on public filings to gather financial data, develop peer groups to analyze client data and uses Mercer's in house technology to run reports and extract market data to use in production of analysis; may also research other areas at the request of country consultants
  • Prepare client presentations/ reports by using excel data and powerpoint for review by country consultants
  • Develop and maintain good understanding of available publication reports
  • Ensure that project execution in line with SLA requirements, timelines and quality standards and ensuring high levels of internal and external client satisfaction
  • Clearly define hypothesis from data and find inferences
  • Identify and analyze trends in client data and suggest solutions
  • Involve in peer review activities whenever required
  • Create and review process related SOPs for training purposes
  • Develop own and team’s capability through informal and formal learning opportunities
  • Participate and lead internal projects to improve talent, quality, service delivery and internal efficiency/effectiveness
  • Lead knowledge sessions to mentor new members of the team. Support the Hub Leader in executing short and long term plans for the development of the team

Note: Applicants should be flexible working in shifts

What you need to have?

  • Non MBA 5 - 7 years of experience in Rewards or Quantitative data analysis & excel OR MBA (HR) with 2-4 years of experience in Rewards or Quantitative data analysis & excel
  • Knowledge of Rewards /HR domain concepts preferred
  • Basic knowledge of Statistics
  • Proficient in MS Word, Excel and Powerpoint
  • Strong verbal and written communication skills in English
  • Advance business communication skills including mail drafting, conference calls, etiquettes
  • Client centric mindset
  • Project management skills
  • Well organized with the ability to multitask
  • Ability to work with multi-cultural teams/ clients
  • Good Team player
  • Analytical skills and the capacity to interpret qualitative and quantitative data
  • Capability to think, articulate and write logically
  • Aptitude and passion for problem solving and creative thinking with the ability to structure analyses and undertake them in a logical and efficient manner
  • Detail orientation and high quality outputs
  • Experience of working independently with no supervision

What makes you stand out?

  • Independent and a self-starter with Client focused mindset; able to contribute as an individual and as a team player
  • You enjoy working and appreciate the challenges partnering across different cultures
  • Comfortable and thrive in unstructured situations with the ability to understand the context, organize and develop the appropriate solutions
  • Data and analytics excite you; identifying and analysing trends; working on hypothesis which may or may not end up into inferences
  • You take pride in your work and do not compromise on quality and the requirements of the task

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 more than 20,000 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 more than 85,000 colleagues and annual revenue of over $23 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 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, caste, 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.

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.