Role: Consultant- Compensation Consulting
Grade: C
Location: Mumbai
Role of a Consultant in the Career (Compensation) Consulting Practice.
We will count on you to:
The role is responsible for delivering solutions in the area of Compensation & Benefit. This involves researching and understanding client context; collect data, analyzing available data and preparation and presentation of reports along with summary of findings to highlight way ahead for the client.
What is in it for you
Solution Design
- Research industry trends externally and review of internal materials per industry
- Interact with client to understand client requirements
- Research material on the client organization to understand the context and requirement
- Apply analytical thinking to gain deeper understanding and identify key requirements or gaps
- Analyze compensation data to identify root causes/trends/issues, and generate reports appropriately.
- Prepare an outline of the recommended solution; Validate the recommended solution with the Project manager
Performance Indicators:
- Timely and error free delivery as per scope
- Client Satisfaction Score / Feedback
Project Management and Delivery
Task
- Work closely with the team to deliver solutions across the suite of data consulting solutions. Create a project plan based on the scope of work agreed with the client; Seek sign-off from the Project Manager and client project team on the plan; Schedule meetings with client points of contact as required per the project plan; Monitor and report progress against deliverables to the client and project team on an ongoing basis; Escalate any delays in the delivery of key milestones to the Project Manager
- Should be able to handle multiple, time-sensitive projects while focusing on the quality of work delivered to clients
- Make presentations to the client on the recommended solution; Modify the solution as per recommendations shared by client
- Liaise with Finance and raise invoices on a timely basis based on agreed deliveries; Track payments for the project on an ongoing basis
- Act as a point of contact to assigned Mercer’s business partners.
- Ability to handle sensitive and confidential information with discretion.
Performance Indicators:
- Adherence to Project Plan and Schedule
- On-time invoicing
- Collections
Support in Business Development
Tasks:
- Create proposals for prospective clients; Interact with clients for preliminary information; Modify proposals as required
- Support Consultants in coordinating with points of contact at the client to set up meetings
Performance Indicators:
- Turn-around time for proposal submission
- Quality of proposal-writing
What you need to have:
- MBA/Post Graduation in Human Resources or equivalent from premier B school
What makes you stand out:
- Human Resources, experience expertise in Compensation & Benefit is preferred
- Good understanding of various areas in HR, comfort with numbers and understanding of compensation terminology
- High proficiency with excel and data analytics
- Dynamic, motivated, flexible and result-oriented personality with the ability to perform under pressure
- Excellent interpersonal and communication skills
- Dynamic, motivated, flexible and result-oriented personality with the ability to perform under pressure
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 25,000 employees are based in 44 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 76,000 colleagues and annual revenue of $17 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 https://www.me.mercer.com/. Follow Mercer on Twitter @Mercer.
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, 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.
