Willis Towers Watson - Seattle, WA

posted about 1 month ago

Full-time - Entry Level
Hybrid - Seattle, WA
Insurance Carriers and Related Activities

About the position

The Compensation Analyst position at WTW in Seattle is designed for early career professionals looking to develop their skills in the field of compensation and rewards. As part of the Work and Rewards team, you will play a crucial role in helping clients align their talent and rewards strategies with their business objectives. This position offers a unique opportunity to work closely with industry-leading consultants and clients across various sectors, providing you with immediate exposure to real client assignments in a client-facing role. You will engage in a variety of projects that encompass executive compensation, corporate governance, talent management, and sales force effectiveness. In this role, you will be involved in designing and implementing compensation programs that attract, reward, and retain talent. Your responsibilities will include conducting competitive benchmarking analyses, modeling pay structures, and developing incentive plan designs that support clients' business strategies. You will also draft reports and presentations to communicate your analytical findings to clients, participate in client meetings, and contribute to business development efforts. This position is ideal for individuals who are detail-oriented, possess strong analytical skills, and have a passion for solving complex problems in the realm of rewards and compensation. The Compensation Analyst role is a hybrid position, requiring you to be local to Seattle and able to commute to the office. You will benefit from structured training tailored to the business, enhancing your technical knowledge and overall industry expertise. This is an excellent opportunity for recent graduates or those nearing graduation who are eager to start their careers in compensation analysis and consulting.

Responsibilities

  • Partnering with consultants and clients to design strategies and rewards programs to attract, reward and retain talent.
  • Performing competitive benchmarking analyses of compensation levels, program design, and other rewards practices utilizing WTW data, tools, and processes.
  • Modeling pay structures and conducting financial impact analyses of alternative designs.
  • Developing, analyzing, and calibrating executive and broad-based incentive plan designs that support companies' business strategies.
  • Drafting reports and exhibits presenting the team's analytical work to client audiences.
  • Performing industry and financial research.
  • Participating in client meetings and working sessions.
  • Contributing to sales and marketing efforts by assisting with proposals and other client-specific business development efforts.

Requirements

  • Progress towards a bachelor's or master's degree in a business-oriented field or any other major with significant quantitative coursework, with a minimum overall GPA of 3.0.
  • Work experience that demonstrates strong analytical and client service skills, such as internships or part-time jobs involving quantitative and qualitative data analysis.
  • Interest in Rewards and Compensation as demonstrated through work experiences, coursework, research assignments, etc.
  • Ability to be a self-starter and work independently, but also cooperatively in a close team environment.
  • Detail-oriented with strong analytical skills, including the ability to analyze data and interpret, summarize, and present findings.
  • Strong written and verbal communication skills with a demonstrated ability to interact with colleagues at all levels.
  • Excellent Microsoft Office skills, particularly in Excel.

Nice-to-haves

  • Experience in presentation skills.
  • Familiarity with compensation benchmarking tools and methodologies.

Benefits

  • Medical (including prescription coverage)
  • Dental insurance
  • Vision insurance
  • Health Savings Account
  • Commuter Account
  • Flexible Spending Accounts
  • Group Accident Insurance
  • Group Critical Illness Insurance
  • Life Insurance
  • AD&D Insurance
  • Group Legal Assistance
  • Identity Theft Protection
  • Wellbeing Program
  • Employee Assistance Program
  • Paid Holidays
  • Annual Paid Time Off
  • Short-Term Disability
  • Long-Term Disability
  • Bereavement Leave
  • FMLA Leave
  • ADA Leave
  • Jury Duty Leave
  • Military Leave
  • Parental Leave
  • Adoption Leave
  • Contributory Pension Plan
  • 401k Savings Plan
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