Marsh & McLennan Companies

  www.marsh.com
  www.marsh.com

Marsh & McLennan Companies Reviews

Updated September 15, 2014
Updated September 15, 2014
314 Reviews
3.2
314 Reviews
Rating Trends

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Marsh & McLennan Companies President & CEO Daniel S. Glaser
Daniel S. Glaser
92 Ratings

Review Highlights

Pros
  • Great Benefits, Work life balance depending on the department, name brand recognition (in 27 reviews)

  • Good benefits and paid time off is generous (in 17 reviews)


Cons
  • Noone is recognized except top producers ands senior management (in 13 reviews)

  • long hours and not the best management structure in place (in 8 reviews)

More Highlights

90 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Excellent. Great working environment with great benefits package.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Head of Office in Burlington, MA
    Former Employee - Head of Office in Burlington, MA

    I worked at Marsh & McLennan Companies full-time (more than 10 years)

    Pros

    Great benefits. Management is good.

    Cons

    large corporation that sometimes you are just a number. Not a lot of opportunity to see what other positions are available within Marsh

    Advice to ManagementAdvice

    publish all job openings internally.

    Recommends
    Positive Outlook
  2.  

    Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Claims Executive in Istanbul (Turkey)
    Current Employee - Senior Claims Executive in Istanbul (Turkey)

    I have been working at Marsh & McLennan Companies full-time (more than 3 years)

    Pros

    Great opportunity for self-improvement
    In-depth knowledge of your profession
    high-talented employees

    Cons

    Poor knowledge of claims lines other than yours.
    Sales team is considered as "first among the equals"

    Advice to ManagementAdvice

    continous training should be placed.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great people, and a good work environment considering the overall complexity and size of this organization.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Client Advisor
    Current Employee - Senior Client Advisor

    I have been working at Marsh & McLennan Companies full-time

    Pros

    Flexibility for work life. Potential for advancement or lateral moves within the organization. Good reputation. Benefits and salary are competitive.

    Cons

    Constantly changing titles/roles and restructures can lead to job insecurity. Must be nimble to succeed, but can be stressful. Downsizing resulted in short staffing and heavy work loads. Frequently changing management as well, but as typical with many large companies, there is little with experience on the day to day so 50,000 foot decisions are made without enough thought to the repercussions on the ground.

    Advice to ManagementAdvice

    Promote from within, from the trenches. Strive to support the backbone... the workforce who serves our clients day and day out.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Informative

    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Marsh & McLennan Companies full-time (more than 10 years)

    Pros

    Great place to work, wonderful people

    Cons

    Not to many options for career growth

  6.  

    A great place to work and experience the life behind the city of London

    Former Employee - Project Manager in London, England (UK)
    Former Employee - Project Manager in London, England (UK)

    I worked at Marsh & McLennan Companies full-time (more than 3 years)

    Pros

    Brilliant experience with quality clients. Work hard and you are rewarded.

    Cons

    certain teams still maintain the 'old boys club' feel

    Advice to ManagementAdvice

    Encourage gender, race and nationality diversity

  7. 4 people found this helpful  

    Great people! Workload issues. Clearly value external over internal candidates

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Insurance Broker
    Former Employee - Insurance Broker

    I worked at Marsh & McLennan Companies full-time (more than 5 years)

    Pros

    Great benefits, awesome health plan, smart, fun co-workers, many opportunities to learn subject matter very well

    Cons

    Value external candidates over internal candidates, everyone is overworked and stressed, you can only get the salary for your peer-group if you threaten to leave, poor performers are not fired, just starved out.

    Advice to ManagementAdvice

    Stop trying to 100% de-risk your business. It sends a message to clients that you aren't willing to stand by your work and puts you in a vulnerable position. Clients will start to think "Gee, if I am constantly being told I have to check my broker's work, why shouldn't an online quote service do this same thing?? I thought I was paying for expertise??"

    Stop burning out your best people, they are the product you are selling.

    Give some actual power to give promotions, make compensation decisions, and fire people etc. to office heads, zone leaders, or even managers. Its very clear their hands are 100% tied to do right by their best people.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Great company, needs work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Marsh & McLennan Companies full-time (more than 3 years)

    Pros

    Salary and Bonuses
    Benefits (although declining)
    Great culture

    Cons

    Lack of leadership
    Dinosaur to make anything happen

    Advice to ManagementAdvice

    Nothing

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Great Management and Fun Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Toronto, ON (Canada)
    Current Employee - Anonymous Employee in Toronto, ON (Canada)

    I have been working at Marsh & McLennan Companies as a contractor

    Pros

    great team environment, no job to small for Sr. Associates to get involved with, great learning experience

    Cons

    Very difficult t get perm., processes for Canada seem to be disbursed globally

    Advice to ManagementAdvice

    You have the right people in charge, great relationships with their staff and very turned on

    Recommends
    Positive Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Great company and great culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Brooklyn Park, MN
    Former Employee - Anonymous Employee in Brooklyn Park, MN

    I worked at Marsh & McLennan Companies full-time (more than 3 years)

    Pros

    It is an environment where new ideas are encouraged and considered. They truly value their employees.

    Cons

    I had a manager that was tough to work for and had a bad reputation in the organization. However this is not the case with most everyone else.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Very satisfied with my job, then it went offshore

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at Marsh & McLennan Companies full-time (more than 8 years)

    Pros

    Great benefits, plenty of PTO, good salary (except raises) no micro management, great teamwork and nice office.

    Cons

    My position was "eliminated". In reality it went to India. Job is paperless so the only thing the company was looking to do was save a few bucks in wages. A company with 14+ billion revenue would rather have cheap labor than keep good loyal employees. I have seen so many good employees laid off. I was hoping to retire from Marsh in a few years. Now I am looking for another job.

    Advice to ManagementAdvice

    Value your employees for what they know and not how cheap they can be paid. The end result will be clients will go elsewhere costing the company more.

    Recommends
    Negative Outlook
    No opinion of CEO

Marsh & McLennan Companies Photos

Lippincott offices
MMC HQ - 1166 Avenue of the Americas
North American Intern Retreat - Oliver Wyman
Conference Room

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