Latin America Regional Compensation Leader

Company:MMC Corporate

Description:

Marsh McLennan is an outstanding professional services firm with more than 150 years of history – we are more than 76,000 colleagues in four global businesses (Guy Carpenter, Marsh, Mercer, Oliver Wyman) united by a common purpose to build the confidence to thrive through the power of perspective.

We are seeking extraordinary candidates for the following position based in CDMX:

Latin America Regional Rewards Leader

About the role:

The Regional Rewards Leader for LAC partners closely with Senior Leadership – both within the Business and People Function – of the Latin America & The Caribbean (LAC) region by providing best in class rewards advisory and consultation. The role will champion and drive the implementation of reward strategies that align with the CoE’s Reward philosophy and that support Marsh McLennan’s overall business objectives. In addition, the role represents LAC across all Marsh McLennan businesses and forms part of the International Rewards leadership team. The Regional Rewards Leader for LAC reports to the Marsh McLennan Compensation Leader.

What is in it for you?

• Be challenged to deliver impactful solutions for a global organization in a dynamic and agile environment.
• Collaborate, learn and grow alongside a passionate team of professionals, leaders and mentors.
• Direct access to cross-business and functional leadership teams, mentors and SMEs who bring diverse perspectives.
• Valued and growing partnership between the People Function and the business
• A company with a strong brand and strong results to match.

We will count on you to:

• Act as a client advisor and consultant to the Business and People Function leaders in LAC, by providing best in class rewards advisory and counsel to the CEO, CPO, CFO and broader business executive committee(s)
• Champion and drive the implementation of reward strategies that align with the CoE’s Reward philosophy and that support Marsh McLennan’s overall business objectives
• Consult with People Partners, People Strategy, Finance and other CoEs to understand and diagnose regional compensation priorities, define reward requirements and ensure appropriate partnership, engagement and alignment on delivering solutions.
• Areas of focus include reward program delivery, annual pay review and associated budgets/pools, Executive Committee updates and materials, compensation program effectiveness, and business-led initiatives (e.g. M&A, group consolidations).
• Drive enterprise-wide compensation initiatives and projects by sponsoring, leading, or contributing through cross-functional collaboration, change management, and continuous improvement to enhance the effectiveness and efficiency of Marsh McLennan’s reward programs and processes.
• Monitor external market trends and liaise with the broader People Strategy function to identify reward gaps, developing regulatory requirements & other relevant insights.
• Apply a consultative skillset to reward-related themes, turning complex topics into an integrated narrative that aligns with Marsh McLennan’s purpose and commitments.
• Lead, develop, coach and mentor other member(s) of the LAC Compensation Team: Provide guidance on team objectives and provide constructive feedback on performance on an on-going basis. Directly manage a team of one specialized reward professional.

What you need to have: 

• Bachelor’s degree.
• At least 10 years of strong & relevant experience within total rewards, compensation or related HR role.
• Experienced in working in a matrix structure preferable in multinational organizations
• Outstanding communication skills both in Spanish and 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.
• 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.

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.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.