Senior Reward Analyst

Company:

Mercer

Description:

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

This is an opportunity to operate within a large global organization that is incredibly passionate about how it works and cares for their clients across the world.

The Senior Reward Analyst role will support clients with a broad range of reward-related challenges through detailed analysis and generation of insights. The role will focus on delivering high-quality analytical outputs, supporting strategic reward projects, and providing data-driven recommendations. Combining strong analytical expertise with reward knowledge, this role enables the delivery of tailored advice to some of the world’s largest and most renowned firms.

We will count on you to:

• Lead detailed data analysis and modelling to support complex reward projects, including job evaluation, grading, job architecture, compensation benchmarking, incentive design, pay equity, and pay transparency.
• Collaborate closely with Mercer project teams and clients, participating in fact-finding meetings, data reviews, and presentations.
• Develop advanced Excel models and analytical tools to extract meaningful insights from large datasets.
• Prepare and review client deliverables such as reports, presentations, and data exhibits, ensuring accuracy and clarity.
• Draw insightful conclusions from data analyses to inform senior consultants and client decision-making.
• Support project management activities to ensure timely and on-budget delivery of high-quality work.
• Contribute to business development efforts by assisting with proposals, pitch meetings, and thought leadership content.
• Conduct research on industry trends, competitor practices, and regulatory developments to enhance project outcomes.
• Support internal initiatives and continuous improvement projects as needed.

What you need to have:

• Proven experience in reward analysis or consulting, with exposure to compensation benchmarking, reward strategy, job evaluation, grading structures, pay for performance, incentive design, pay equity, and pay gap reporting.
• Strong advanced Excel skills, including dynamic modeling and data manipulation.
• Demonstrated ability to analyze complex datasets and translate findings into actionable insights.
• Excellent communication skills, with the ability to present complex information clearly to diverse audiences.
• Strong attention to detail and commitment to delivering high-quality, accurate work.
• Ability to manage multiple priorities in a fast-paced environment and adapt to changing demands.
• A proactive mindset with a willingness to challenge existing approaches and contribute innovative ideas.

What makes you stand out?

• Exceptional analytical rigor and precision in data handling and reporting.
• Ability to work effectively under pressure, meeting tight deadlines while maintaining quality.
• Strong presentation and client communication skills.
• Capability to interrogate large datasets to uncover meaningful client insights.
• Collaborative team player with a growth mindset and eagerness to learn.

Why join our team:

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow 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, civil partnership status, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected] 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.