Marsh Reviews in New York City, NY | Glassdoor

Marsh New York City Reviews

Updated August 10, 2017
77 reviews

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New York City, NY Area

3.0
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Marsh CEO John Doyle
John Doyle
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77 Employee Reviews

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Pros
  • Great Work Life Balance, Great organization (in 34 reviews)

  • It's a great company that encourages career growth, has global opportunities, and good benefits (in 28 reviews)

Cons
  • You are expected to work "professional hours" so no real work life balance (in 16 reviews)

  • Upper management is forgetting about the employees- cutting back everywhere (in 13 reviews)

More Pros and Cons

  1. "OK place to work, if you're alright with doing the work of 5 people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in New York, NY
    Current Employee - Executive Assistant in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Marsh full-time (More than 3 years)

    Pros

    -Good benefits
    -Casual dress code

    Cons

    -Pay is not competitive
    -When people leave, the workload is added to current employees


  2. Helpful (1)

    "Smart colleagues, tremendous resources"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Marsh full-time (More than 8 years)

    Pros

    Marsh is the biggest broker in the world and provides access to top-notch industry and risk experts. It is a great firm to learn about the brokerage industry. Colleagues all seem to really care about their clients. Very competitive benefits.

    Cons

    It can be hard to differentiate yourself in such a bureaucratic organization. Salaries in the industry are quite stagnant and Marsh is no exception to this trend.

    Advice to Management

    Leadership talks about developing colleagues, but falls short on implementation.

  3. "Research"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Marsh part-time (More than 5 years)

    Pros

    nice coworkers in dept only

    Cons

    little growth, no mgmt, salary limited

    Advice to Management

    Check in with your employees


  4. "Nice place, but it could be better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trainee in New York, NY
    Former Employee - Trainee in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Marsh full-time (Less than a year)

    Pros

    Very big company and immediate client exposure for junior people. Managers always listen to new ideas.

    Cons

    Huge bureaucracy: it's definitely not a dynamic environment.

    Advice to Management

    Less politcs, more innovation.


  5. Helpful (1)

    "really. don't work here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Marsh full-time (More than 3 years)

    Pros

    it seems hard to get fired unless you do something really horrible.

    Cons

    minuscule raises. extremely few opportunities for advancement. more red tape and bureaucracy than the US government. rigid process is the focus rather than getting things done.
    this company does not care about its employees AT ALL

    Advice to Management

    there's too much to say. if i felt like anyone actually cared to listen and would do anything about it, i would make an effort to help improve things. but that's less likely than flying pigs.


  6. "Top Brokerage to Learn from, but the pay could be better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst/Broker in New York, NY
    Former Employee - Analyst/Broker in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Marsh full-time (More than a year)

    Pros

    -Great exposure to the insurance industry as a whole
    -Smart colleagues, good mentorship opportunities
    -Older population, upside potential for younger employees
    -Exposure to multinational corporations
    -Great training ground

    Cons

    -You do not increase your pay without moving back and for between insurance brokers and/or underwriters
    -Management within each department does not have the ability to pay their younger employees at a market rate
    -Pay structure and promotion structure is very regimented (i.e. as an entry level associate, you cannot be promoted to an assistance vice president until you work at the company for X number of years). All of this seems to be dictated to each department from executive management

    Advice to Management

    -Give each department the freedom to run their groups as they see fit
    -Support your younger workforce - they should not have to leave the company to get adequate pay


  7. Helpful (2)

    "Oppressive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director in New York, NY
    Current Employee - Managing Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Marsh full-time (More than 10 years)

    Pros

    Excellent reputation, diversity is a priority, very intelligent c suite.

    Cons

    Terrible salary structure with minimal increases year after year. High stress environment.

    Advice to Management

    Pay more attention to the employee surveys you conduct. The impression is that you go through the motions in order to appear to care when in fact people are very disgruntled.

  8. "Analytics Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Actuarial Consultant in New York, NY
    Current Employee - Actuarial Consultant in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Marsh full-time (More than 3 years)

    Pros

    - great oversight over the work the team outputs
    - with proven skills, you have the opportunity to client face

    Cons

    - very hierarchical structure creating some difficulty when looking for collaboration


  9. Helpful (1)

    "Broker Beware"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Placement Specialist in New York, NY
    Current Employee - Placement Specialist in New York, NY
    Doesn't Recommend
    Neutral Outlook

    I have been working at Marsh full-time (More than 3 years)

    Pros

    Industry leader. Global organization. Vacation and benefits.

    Cons

    Disorganized. Long hours. Leadership is lacking and does not see the big picture. Micromanagement. Little flexibility. Salary increase and bonus are negligible.


  10. Helpful (2)

    "AVP / Broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Market leverage, flexible hours, good PTO

    Cons

    Poor pay, hiring freeze, incompetent staff, incompetent management

    Advice to Management

    Cut dead weight


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