Global Reward Analyst (6 Month Contract)

  • Full-time
  • Verisk Business: Wood Mackenzie

Company Description

Wood Mackenzie is the global leader in data, analysis and consulting across the energy, chemicals, metals, mining, power and renewables sectors.

Founded in 1973, our success has always been underpinned by the simple principle of providing trusted research and advice that makes a difference to our customers. Today we have over 2,000 customers ranging from the largest global energy companies and financial institutions to governments as well as smaller market specialists.

Our teams are located around the world. This enables us to stay closely connected with customers and the markets and sectors we cover. Collectively this allows us to offer a compelling combination of global commodity analysis with detailed local market knowledge.

We are committed to supporting our people to grow and thrive. We value different perspectives and aspire to create an inclusive environment that encourages diversity and fosters a sense of belonging. We are committed to creating a workplace that works for you and encourage everyone to get involved in our Wellness, Diversity and Inclusion, and Community Engagement initiatives. We actively support flexible working and are happy to consider alternative work patterns, taking into account your needs and the needs of the team or division that you are looking to join. 

Hear what our team has to say about working with us:

https://www.woodmac.com/careers/our-people/

We are proud to be a part of the Verisk family of companies! 

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.   

Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.  

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.  

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why we made a commitment to balancing 100 percent of our carbon emissions. It’s the aim of our “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers’ problems.   

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do. 

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We have received the Great Place to Work® Certification for the fifth consecutive year. We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce.  Verisk’s Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work.  

Job Description

Wood Mackenzie are a knowledge business. Intellectual capital is our main asset and as such the optimization of every individual employee’s engagement, development and potential is key to our success. The retention of our employees is paramount, as is our on-going success in acquiring high quality talent across a wide range of sectors and specialisms to support our growth. The Human Resources team is recognized as playing a central role in the achievement of the Company’s business goals.

Role Purpose 
The role holder will be responsible for delivering key global Reward (compensation) projects and initiatives at Wood Mackenzie.  The Analyst will work within the existing Reward framework to conduct current compensation benchmarking exercises, and support internal decision-making.

Main Responsibilities
•    Conduct global salary benchmarking exercise in preparation for annual salary planning cycle, based on existing job families and career framework
•    Drive recommendations for market-specific inflationary increases
•    Conduct thorough review of high-inflation locations (e.g. LatAm, Russia), and make considered recommendations on approach 
•    Identify key market segments impacted by high competition for talent, and recommend compensation approach accordingly
•    Support job evaluations
•    Support review of Sales Commission Scheme
•    Partner with Verisk Total Reward Centre of Excellence to explore transition to Verisk salary planning methodology
•    Provide key inputs to Talent Acquisition on new hire compensation
•    Provide key HRIS and reporting inputs
•    Advise HR colleagues globally on benefit renewal decisions, making and approving recommendations aligned with Global Reward Strategy
•    Co-ordinate with global HR colleagues and engage with external organizations as required to support regional compensation & benefits review
•    Subject Matter Expert advice to business and wider HR team across Reward projects and programs
•    Support statutory reporting e.g. Gender Pay Gap
•    Support M&A integration activities, if required
•    Lead a range of ad hoc Reward projects as required

Qualifications

Knowledge & Experience
The candidate should have experience in international Compensation & Benefits.  They will have strong analytical skills, and be familiar with using salary benchmarking software and methodologies.    Experience of complex geographies (e.g. Latin America) will be beneficial. They should preferably have a Degree/Diploma in HRM or a related subject, and ideally have a relevant HR or Finance professional qualification. Candidates should be prepared to manage a range of projects and be able to effectively manage their own workload and prioritize appropriately. Excellent analytical and modelling skills are essential to succeed in this position, as well as effective communication skills. High proficiency in Microsoft Excel is required, as is the ability to present data and information clearly.
 
Core Competencies
Issue identification, problem solving & analysis
Assertive & influential
Planning, implementation & control
Efficiency focused
Determined & resilient
Building & maintaining relationships

Wood Mackenzie Core Values
Wood Mackenzie is a place where we are committed to supporting our people to grow and thrive.  We value different perspectives and aspire to create an inclusive environment which encourages diversity and fosters a sense of belonging.

Our core values are:
•    Respect for the Individual
•    Integrity
•    Passion
•    Persistence
•    Confidence with humility
•    Excellence
•    Teamwork
We understand the importance of achieving balance between work, family and other life commitments.  We are open to considering flexible working arrangements to enable the greatest spectrum of talent to contribute to Wood Mackenzie's success.
 

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Additional Information

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

http://www.verisk.com/careers.html

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

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