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Senior Consultant - Compensation Consulting
Location:
IN-Bengaluru
Jobcode:
2495243
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Role: Senior Consultant - Compensation


Consulting Location: Bangalore


Grade: D


Role of a Senior Consultant in the Career (Rewards) Consulting Practice.

We will count on you to:
The role is responsible for independently delivering solutions in the area of Compensation & Benefitin the Career Products segment. This involves researching and understanding client context; analysing client data and preparation of reports basis market collation and client data. The role also has a component of business development.

What is in it for you


Solution Design

Interact with client to understand client requirements, their current organization structure and growth aspirations to contextualize the requirement.
Research materials and apply analytical thinking to gain deeper understanding of the client requirement
Prepare an outline of the recommended solution; Validate the recommended solution with the Project manager
Share final proposal with client for select projects and ensure conversion through engagement and follow through.


Project Management and Delivery

Own one segment, area of work within the industry cluster and be responsible for its growth
Independently deliver solutions across the suite of Career Products segments such as Compensation benchmarking, Benefits benchmarking, pay structures, titling etc. Work as a member of a team in large projects
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
Make presentations to the client on the recommended solution; Modify the solution as per recommendations shared by client within Mercers framework
Liaise with Finance and raise invoices on a timely basis based on agreed deliveries; Track payments for the project on an ongoing basis


Business Development

Identify key clients in the industry segment assigned / owned
Meet prospective clients and present solutions
Create proposals for prospective clients; Interact with clients for preliminary information; Modify proposals as required Client Relationship Management
Interact with clients (with minimal support) for seeking information, discussing deliverables and setting up meetings as part of the project deliverables
Build a strong working relationships with clients and establish self as a key point of contact
Ensure engagement beyond the project delivery to grow Mercer wallet share and be a preferred provider


What you need to have:

MBA/Post Graduation in Human Resources or equivalent from premier B school (2017, 2018 OR 2019 passout)
3-5 years of experience post qualification
Relevant experience in compensation domain (prior consulting experience is preferable

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercers 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 worlds 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 (link removed) Follow Mercer on Twitter @Mercer

Marsh McLennan

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