Senior Consultant / Consultant, Rewards Data Intelligence

Senior Consultant / Consultant, Rewards Data Intelligence

Willis Towers Watson
8-10 years
Not Specified

Job Description

The Company
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets.
We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas - the dynamic formula that drives business performance.
Together, we unlock potential.
The Business
Willis Towers Watson Data Services is a leading provider of compensation, benefit and employment practice information to the global employer community. Our databases are recognized worldwide as a premier source of current data for compensation planning. Covering more than 100 countries across six continents, our data centers in the North America, Europe, Middle East and Africa, Asia Pacific and Latin America annually compile reports on the remuneration, benefits and employment practices of local and multinational companies.
Our portfolio of products and customized services helps organizations to:
  • Develop cost-effective salary and benefit packages
  • Stay up-to-date with the latest HR developments
  • Assess and compare the costs of employment within and across regions.

In addition to compensation surveys, we publish reference materials that help HR practitioners attract, retain and reward exceptional employees. We also provide tools to help compensation and benefit managers analyse market data efficiently and conduct in-depth analysis to aid future program planning.
The Role
As a Rewards Data Intelligence (RDI) Consultant, you will be involved in all aspects of the survey operations and provision of compensation and benefits data consulting support to clients across various industries.
You will serve as a key resource in selected industries and responsible for collecting compensation and benefits data, conducting checks and validation as well as data analysis and reporting by showing mastery in the use of excel and other technology tools.
You would be assisting the growth and profitability of the unit by being a team member for key client groups, support medium to large projects, as well as be involved in marketing and selling Willis Towers Watson Rewards Data & Software products and services. This includes standard and bespoke surveys as well as selling and delivering compensation-based project work such as salary structure development, compensation and benefits reviews and conducting pay assessments.
Performance Objectives:
  • Displays understanding and knowledge of firm-wide survey methodologies and processes
  • Identify and develop products and solutions that can help grow and transform the data business by designing and building models / algorithms to drive predictive & prescriptive analytics across the customer journey and product portfolio.
  • Research client problems and unmet data needs, compile and evaluate research on market requirements, identify, develop and evaluate new product ideas or enhancements to existing products, translate research discoveries into usable and marketable solutions.
  • Support large and/ or several medium-d projects paying strict adherence to strong project management and meeting client requirements
  • Identify opportunities for leveraging advanced analytics in transforming the business, products and solutions for clients.
  • Mine and analyze data to drive optimization and improvement of product development, marketing techniques, and business strategies.
  • Develop processes and tools to monitor and analyze model performance and data accuracy.
  • Continuously develop technical and consulting skills (e.g., selling and project management skills)
  • Serve as member and/or project manager of an integrated consulting team on medium scale rewards and benefits benchmarking projects
  • Develops and maintains good understanding of available WTW products and services

People & Clients
  • Serve as a key team member for selected industries by establishing and maintaining close relationships with survey clients
  • Support analysis and other trends and insights preparation for clients on survey results. Provide support on group presentations or one-to-one meetings
  • Build strong relationships externally and internally and collaborate effectively on cross-functional teams
  • Demonstrate natural ease and effectiveness when dealing with clients/colleagues
  • Support the revenue growth of allocated industry sector or surveys
  • Support business development and account management activities to meet revenue targets
  • Support and or lead the development and execution of industry research and business development plans by identifying key target industries, groups, associations, etc.
  • Support proposal development and presentation activities
  • Support and guide inexperienced members of the team

The Requirements
  • 8 - 10 years of relevant compensation experience with an established compensation
  • 5 years of experience in solving complex business problems using data science, statistical techniques & machine learning to build predictive & prescriptive solutions across the product portfolios and customer journeys.
  • Demonstrated success in working with dynamic and autonomous teams in a global organization, including experience working in an agile environment with iterative feedback.
  • Able to identify and solve challenges, think outside the box, facilitate discussions, drive consensus on project teams and execute ideas.
  • Comfortable with loosely defined requirements where you exercise your analytical skills to collaborate with the rest of the team to build solutions
  • Excellent problem-solving skills with ability to synthe & communicate complex results to senior leaders.
  • Attention to detail with focus on data quality, data consistency and criticality.
  • Ability to shape ambiguity, govern & prioritize in a matrixed environment across organizational boundaries.
  • Experience providing insights to support strategic decisions, including preparing and delivering insights and recommendations, including experience in visualizing, presenting and effectively communicating data.

Willis Towers Watson is an equal opportunities employer and does not discriminate on any basis. We support flexible working, and this role will be considered on a flexible basis.

Willis Towers Watson Public Limited Company is a British-American multinational risk management, insurance brokerage and advisory company. The firm has roots dating from 1828 and is the third largest insurance broker in the world. Willis Towers Watson (now called WTW) operates in more than 140 countries and has a workforce of more than 45,000 employees.It has joined the Hedge Fund Standards Board and follows the voluntary code of standards of best practice endorsed by its members

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