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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Talent & Rewards Consulting Analyst

Full-TimePosted on 10/22/2026
$63k - $95k+ Performance-based incentives
Junior, Mid
Bachelor's
Ottawa, ON, Canada
HybridHybrid; at least three days per week in the local office or onsite with clients.
ConsultingHuman Capital & Change Consulting

About the job

Requirements
  • A bachelor's degree is required.
  • One to three years of experience working in a consulting firm or corporate role is required.
  • Strong quantitative and analytical skills are required.
  • Excellent interpersonal, verbal, and written communication skills are required.
  • Knowledge of data analysis, project management, and presentation design is required.
  • The ability to seek opportunities to develop new skills and apply critical thinking to solve problems is required.
  • The ability to collaborate with diverse teams and communicate skillfully and engagingly is required.
  • The ability to work under tight deadlines and adapt to changing client needs is required.
  • Strong organizational skills and attention to detail are required.
  • Working knowledge of Microsoft Office, specifically Excel and PowerPoint, is required.
Responsibilities
  • Conduct market research and analysis on industry- and organization-specific issues, including compensation and rewards trends, business strategy, corporate performance, and hiring and retention challenges.
  • Combine an understanding of clients’ internal needs with external market practices to help facilitate clients’ rewards strategies and programs.
  • Analyze clients’ strategic, financial, and organizational information to develop insights for talent strategies and solutions.
  • Design and implement executive, workforce, and sales compensation structures and incentive plans to align pay and performance with corporate strategic objectives.
  • Develop and implement job evaluation systems and performance management programs.
  • Perform pay equity diagnostics to support clients’ pay equity compliance strategies for provincially or federally regulated clients.
  • Prepare client reports and presentations, including recommendations for senior management, human resources leaders, boards of directors, and executives.
  • Design and implement gender-neutral, pay-equity-compliant job evaluation systems to determine a company’s internal hierarchy.
  • Conduct executive and non-executive compensation benchmarking.
  • Research trends in short- and long-term incentive programs.
  • Develop base salary and bonus programs for non-executive employees.
  • Create compensation programs for sales positions, including commissions.
  • Create career architectures, including role profiles and career path tools.
Desired Qualifications
  • Advanced proficiency in Excel and/or data analysis platforms is preferred.
  • Demonstrated experience in Compensation and Total Rewards is preferred.

About the company

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

New York, NY

Founded

1871

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Simplify Jobs

Simplify's Take

What believers are saying

  • Consulting drives growth: Mercer and Oliver Wyman's group grew 8% organically in the June 2026 quarter, versus 3% for broking.
  • Profits cushion jobs: Marsh kept about 27 cents of operating profit per sales dollar in 2025, before one-time costs.
  • Many career paths under one employer: 95,000+ colleagues span broking, reinsurance, benefits and strategy consulting in 130 countries.

What critics are saying

  • Expect cuts: Thrive, announced October 2025, sets aside $500 million, mostly severance and technology, to save $400 million yearly.
  • Pricing works against broking: Marsh's index shows commercial rates fell 6% in the June 2026 quarter, an eighth straight drop.
  • Back-office roles are being consolidated: a Business and Client Services unit is pooling operations and technology teams company-wide.

What makes Marsh & McLennan unique

  • Consulting is a third of the business: Mercer and the Oliver Wyman group earned 36% of 2025 revenue.
  • Investment management sets it apart: Mercer is the world's largest outsourced chief investment office, running portfolios for institutions.
  • Scale sets it apart: 2025 revenue grew 10% to $27.0 billion across broking, reinsurance and consulting.

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