Senior Compensation Specialist

We are seeking a dynamic and experienced **Senior Compensation Specialist** to reinforce our Compensation Center of Expertise (COE)

The Senior Compensation Specialist works closely with the BCS Compensation Leader and BCS People Partners to deliver compensation advisory services and solutions that meet business needs, leveraging enterprise compensation frameworks. You will be part of the Marsh McLennan Compensation Center of Expertise (COE), reporting to the BCS Compensation Leader and be located in our Colombia or Mexico City offices.

This role can be based either in **Bogotá, Colombia or Mexico City, Mexico**. This is a hybrid role that has a requirement of working at least three days a week in the office.

**What is in it for you?**
- Consult with People Partners, People Strategy, Finance, and other COEs to understand and diagnose strategic compensation priorities.
- Define reward requirements, and ensure appropriate partnership, engagement, and alignment in delivering solutions.
- Focus areas include compensation program delivery, annual pay reviews & associated budgets/pools, compensation program effectiveness, business initiatives (e.g. M&A, group consolidations), variable compensation plan design, salary structure management and reviews and market benchmarking
- Partner with Finance teams to assist with forecasting and annual budget modeling
- Participate in enterprise-wide compensation initiatives and projects by contributing through cross-functional collaboration, change management, and continuous improvement to enhance the effectiveness and efficiency of Marsh McLennan’s
reward programs and processes.
Provide insights and market intelligence on the competitive landscape, trends, and practices

**What you need to have**:

- Bachelor’s degree.
- At least 5 years of strong and relevant professional experience within Rewards: In compensation or related HR role.
- Experienced in working in a matrix structure preferable in multinational organizations
- Outstanding communication skills in English.
- Intellectually curious, seeking opportunities to develop new skills for themselves and others.
- Excellent analytical and problem-solving skills, with the ability to interpret and analyze complex data sets.
- Passion for delivering excellence through working in partnership with others, including cross-function and cross-geography teams.
- Discipline to work both individually as well as collaboratively across a team
- Advanced proficiency with Excel, including the ability to work with complex formulas, pivot tables, and data visualization.
- Project management skills, including documenting project scope, objectives, desired outcomes as well as setting and managing stakeholder expectations.
- Excellent communication and interpersonal skills to collaborate effectively with diverse and global stakeholders globally.
- Ability to work in a fast-paced and dynamic environment, with a high level of adaptability to different cultural contexts.

**What makes you stand out**:

- Experience working global compensation teams and familiarity with global compensation legislation.
- Experience working with Workday or any other HR related ERP.
- Strong analytical skills with the ability to interpret financial data related to compensation plans.
- A consultative mindset and client-centric approach to problem solving

**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.

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, 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.