Marsh & McLennan Companies

  www.marsh.com
  www.marsh.com
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Marsh & McLennan Companies Reviews

Updated August 15, 2014
Updated August 15, 2014
303 Reviews
3.3
303 Reviews
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Marsh & McLennan Companies President & CEO Daniel S. Glaser
Daniel S. Glaser
91 Ratings

Review Highlights

Pros
  • Great Benefits, Work life balance depending on the department, name brand recognition (in 26 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

60 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Great learning experience for First Time corporate employees

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

    I have been working at Marsh & McLennan Companies full-time for more than a year

    Pros

    They offer a above average month bonus plus different benefits like HMO, Life Insurance etc
    Great way to start your career in the insurance/broker industry as it is a well known global brand. Workplace is good especially if you are considering the office and people in it.

    Cons

    Pretty low starting salary in comparison to the workload you receive.
    Not enough training for their R&F employees to grow in the business and possibly become better assets to the company. Low raise after a strong contribution year appraisal from management.

    Advice to ManagementAdvice

    I believe if management should try to train their R&F employees to motivate them in loving their job, as they are shown importance thru adequate salary, benefits and training. Also they should give their current employees better chance to step up the corporate ladder instead of looking to hire people outside the organization. This will boost employee morale and loyalty.

    Neutral Outlook
    No opinion of CEO
  2.  

    Great working environment.

    • 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

    Pros

    Its a nice company with many things to learn.

    Cons

    Should increase the employees salaries.

    No opinion of CEO
  3. 1 person found this helpful  

    Run.... run for your lives!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President  in  London, England (UK)
    Current Employee - Assistant Vice President in London, England (UK)

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

    Pros

    Some very friendly people
    Good benefits - particularly the health insurance
    Good location

    Cons

    Highly political atmosphere
    Some extremely incompetent people in senior positions who seem to weather every storm just because their 'face fits'.
    Compliance culture is very poor - just a tick box exercise that is veiwed as a necessary evil. Very poor compliance culture.
    HR is useless if you have any serious issues - complaints are swept under the carpet and there is one person who is famous for never answering emails or her phone. If you need to speak to her, you have to call someone sitting near her to see if she's in and actually go up to see her!
    Very poor bonuses and pay increases, unless you are a broker making big £££ for the company.
    IT is not great and can be very frustrating

    Advice to ManagementAdvice

    I don't know where to start...

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Management isn't focused on developing and teaching younger brokers.

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

    I worked at Marsh & McLennan Companies

    Pros

    Great Benefits and client lunches.

    Cons

    Managers were only focused on commissions, not teaching.

    Doesn't Recommend
    No opinion of CEO
  6. 1 person found this helpful  

    Marsh used to be a great place to work. It has changed

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

    I have been working at Marsh & McLennan Companies

    Pros

    Benefits and pension is great.

    Cons

    Managers are not your typical managers in my office it is more of a popularity contest. My manager constantly gossips and talks bad about other employees and their families. Manager will do anything to make themselves look better and you look bad. Nothing is professional about manager

    Advice to ManagementAdvice

    Treat your employees with respect get rid of management that makes marsh be a bad place to work

    Doesn't Recommend
    No opinion of CEO
  7.  

    They do not recognize quality employee's fairly.

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

    I have been working at Marsh & McLennan Companies

    Pros

    Flexability with regards to family requirements

    Cons

    Low pay, little to no feedback except at review/raise time.

    Doesn't Recommend
    No opinion of CEO
  8.  

    A company with enormous potential and great client base but hampered by territorial attitude and behaviours.

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

    I worked at Marsh & McLennan Companies

    Pros

    Flexible but demanding work. Great client base. Decent salary and bonus potential. Some excellent colleagues nationally and internationally. Potential to develop as cutting edge company.

    Cons

    Over emphasis on sales to the detriment of client service in longer term. Greater need to work with exisitng client base especially for expanded services. Serious failure to leverage and share the knowledge within, with some noteable exceptions such as Higher ed practice. Territorial mindset seriously hampers business and career development...

    Advice to ManagementAdvice

    Break down territorial barriers and not just national ones. Replicate cross border practice like higher ed.
    Focus on success with clients not just the figures. The sucess will bring the figures along in time.

    Doesn't Recommend
    No opinion of CEO
  9.  

    It enabled me to get my feet wet in the brokerage arena, but didnt provide a place to foster a career

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

    I have been working at Marsh & McLennan Companies

    Pros

    There are many great people who work there and the carriers they work with are excellent as well.

    Cons

    No room for advancement. No compensation when merited. Uncaring with respect to family coming first. No recognition for a job well done.

    Advice to ManagementAdvice

    Support and reward those who produce and perform for the company and create more opportunities for advancement for them. Promote from within- there are some great people that work there that will leave and go to another brokerage because they have hit the glass ceiling.

    No opinion of CEO
  10.  

    educational

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

    I have been working at Marsh & McLennan Companies

    Pros

    the people i worked with everyday

    Cons

    downsizing employer do to restructuring

    Advice to ManagementAdvice

    give up your bonus so that you can save a family.

    Doesn't Recommend
    No opinion of CEO
  11.  

    Not a place for the seasoned employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President
    Former Employee - Vice President

    I worked at Marsh & McLennan Companies

    Pros

    Insurance fundamentals, team work, benefits, interaction with numerous departments/functional areas. office politics--you'll learn how to avoid work! A training ground for the new graduate!

    Cons

    Lazy management who are much older and many who could not put together a PowerPoint slide or conduct a meeting.

    Advice to ManagementAdvice

    Need to progress to the 21st century! All of their systems are at least 20 years old and no plans to modernize.

    Disapproves 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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