Marsh

  usa.marsh.com
  usa.marsh.com

Marsh Reviews

Updated November 19, 2014
Updated November 19, 2014
139 Reviews
3.1
139 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Peter Zaffino
33 Ratings

Review Highlights

Pros
  • Nice people, flexible schedules allowing for work life balance (in 9 reviews)

  • Good benefits, colleagues and collaboration across departments (in 10 reviews)


Cons
  • Very heavy workload, no work life balance (in 5 reviews)

  • Upper management was changed without warning and layoffs came out of the blue (in 6 reviews)

More Highlights

Employee Reviews

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  1. 3 people found this helpful  

    Fire Drill!!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Analyst in New York, NY
    Current Employee - Financial Analyst in New York, NY

    I have been working at Marsh

    Pros

    Attitude of new entry level and mid-level hires. Solid benefit package and reasonable pay range for non-internal promotions.

    Good opportunities for advancement within the overall financial systems team and systems implementation team.

    Cons

    Internally promoted colleagues are typically compensated 20-25% below market and recent (2009/10) internal promotions have little to no increase in compensation package.

    Compensation and career path/advancement poorly defined and not communicated by HR or senior management.

    Poor financial systems implementation which effects all aspects of middle and back office activities (finance/accounting). Including general unwillingness to adopt new financial system features (and results in lost efficiency and productivity).

    Redundant request from management, poor communication from senior management but also within smaller (10-20) teams, and severe lack of time management skills/organization on nearly all parties in finance. Resulting in unnecessary fire drills and long hours.

    General attitude of senior management in finance division needs to progress. Work is typically their life not a part of their life. No true understanding of work/life balance. Many senior executives in back office (stress BACK OFFICE) finance bring work home with them on the weekends for no apparent reason other than love of their jobs and dislike of their families/friends/personal lives (perhaps that is too far, but I am trying to get a point across)

    Advice to ManagementAdvice

    Truly use the financial system you paid millions for! Really adopt it. It will make your work life easier!

    Define what career advancement with Marsh means and the appropriate steps colleagues need to take to move forward in the company (both in levels of responsibility and compensation)

    Doesn't Recommend
    Approves of CEO
  2.  

    High change, there is opportunity, but you have to seek it out.

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

    I have been working at Marsh

    Pros

    Opportunity to come in and learn insurance industry.

    Cons

    So much change in the past 5 years that it appears the strategic vision continues to change.

    Approves of CEO
  3. 1 person found this helpful  

    Political and backstabbing environment; lacks direction or strategic thought

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

    I have been working at Marsh

    Pros

    Location and size allows leverage for deals with underwriters

    Cons

    Politics affects and permeates the organisation

    Advice to ManagementAdvice

    Enhance morale and staff motivation

    Doesn't Recommend
    Disapproves of CEO
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  5. 2 people found this helpful  

    Volatile

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

    I worked at Marsh

    Pros

    Good benefits and time off. Excellent work/life balance. They prefer you not to work overtime if you are a non-exempt employee.

    Cons

    No career trajectory. Lack of recognition. Promotions not based on achievement. Those who deserve promotions do not get it because only a certain number of people per department can get it a year. Getting promoted from Risk Analyst is a pay cut because you go from non-exempt to exempt and are therefore ineligible for overtime. Too many team leaders that serve no purpose. Unfair treatment between those with and without children. No training. Risk Analyst formal training program is non-existent. This spring, there was a huge mass exodus of young people leaving for competitors or going back to school. Pay is okay for a starting salary but salaries are frozen and bonuses are minimal. Brokers hoard their accounts and are unwilling to give opportunities to young people because they need a minimum amount of revenue tied to their names. No opportunities to move to other departments. Stuck where you are!

    Advice to ManagementAdvice

    Need more training. Morale is HORRIBLE. Going from business casual to business professional while many people lost their offices going to cubicles, salaries are frozen, employees have to start paying for parking. It is kicking people while they are down. The lack of career trajectory is driving your young people away.

    Doesn't Recommend
    No opinion of CEO
  6.  

    Very large company that is far behind the curve in employee recognition but has strong points

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Client Representative II
    Current Employee - Client Representative II

    I have been working at Marsh

    Pros

    Collaborative team environment with supportive coworkers and managers. Solid industry and job security. Great benefits package.

    Cons

    Very poor in employee recognition and advancement. Uses overall economy as excuse to underpay talented employees even though profit margin has significantly increased in the last few years. Overall poor support from top leadership.

    Advice to ManagementAdvice

    Stop making empty promises and promote and pay your talent. Not just me complaining, I have seen three promotions in my office in the last three years, including ZERO this last cycle. I fear you will find yourselves in a tough position a few years down the road when you realize you forgot to focus on retaining young talent.

    No opinion of CEO
  7. 1 person found this helpful  

    Look elsewhere..

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

    I worked at Marsh

    Pros

    Compensation, independence, reputation, opportunity, and integrity.

    Cons

    Lack of vision, leadership and resources. Little collaboration between business units.

    Advice to ManagementAdvice

    Assume a leadership position, don't just verbalize the role.

    Doesn't Recommend
    Disapproves of CEO
  8.  

    Check the fine print...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Risk Analyst in Los Angeles, CA
    Current Employee - Risk Analyst in Los Angeles, CA

    I have been working at Marsh

    Pros

    Vacation time is great for the Undergrad entry level program.
    Very much a 9-5:30 job.
    Client interaction early.
    Exposure to many different industries.
    Would be a great starting point if you plan to remain in the insurance industry.

    Cons

    Training is terrible, there are no hard technical skills learned on the job that are transferable outside of the insurance industry.
    A lot of busy work, no actual skills training.
    The program itself and your development greatly depends on your direct supervisor. Not all are even decent at teaching or developing others.
    As mentioned in other reviews - promotions, schedule accommodations, expense accounts, Amex cards -are dependent on who you know and how much they like you.

    Advice to ManagementAdvice

    Attempt to retain, challenge and promote youth with potential.

    Doesn't Recommend
    No opinion of CEO
  9.  

    Marsh

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

    I worked at Marsh

    Pros

    Good life style
    Pay is on the high end

    Cons

    bad management
    unclear career path
    low morale

    Advice to ManagementAdvice

    Reevaluate the capabilities of emerging market leaders

    Doesn't Recommend
    No opinion of CEO
  10.  

    Marsh - Vice President

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President in Hoboken, NJ
    Current Employee - Vice President in Hoboken, NJ

    I have been working at Marsh

    Pros

    Commute, Work - life balance

    Cons

    Salary not competitive
    limited Professional growth

    Advice to ManagementAdvice

    Missing long term vision

    Doesn't Recommend
    Approves of CEO
  11.  

    Keep looking...you CAN do better!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Client Advisor in Los Angeles, CA
    Current Employee - Client Advisor in Los Angeles, CA

    I have been working at Marsh

    Pros

    Better than Unemployment... The people are generally good people, but have a tendancy to turn on you to cover their butts. The benefits are good, vacation time is easily used, and the paychecks are always on time! Unfortunately, there are not many nice things to say about a company circling the drain.

    Cons

    Constantly changing priorities and rules. It's bloated size and enormous bureaucracy make it difficult to get anything meaningful done. There is a noticable lack of organized training on the myriad of ever changing IT systems making learning and sucessfully completing ones job difficult.

    Advice to ManagementAdvice

    Be upfront and honest with junior employees regarding the prospects of future career growth.

    Doesn't Recommend
    No opinion of CEO

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