Marsh & McLennan Companies Insurance Broker Reviews

Pros

Great work ethic and very professional staff.

Cons

Work life balance is a problem here.

Pros

Co-workers, location, benefits and paid time off.

Cons

Absolutely the worst in automation. They try and develop systems that are created by those who have no insurance experience and they continue to fail. Forced to use local drives with an emphasis created for a paperless environment using only a document management system that has no integration capabilities. You will find yourself 15 years behind the curve if you ever leave. Management is allowed to be... downright nasty as long as they dont mention any of the big protected classes. It was miserable! The review process is based on a bell curve. Not what you have done, but what your manager can argue for. One instance provided for a nationwide call with managers debating about who should receive a particular score. It wasn't based on performance. There should be no shame in telling someone they have done a great job. i am all for diversity, but in lieu of just celebrating the GLBT community, you should also celebrate those who are not, or who are not a minority.

Advice to Management

Look into some meaningful automation. It is past the point of ridiculous....for example "Marsh Way" epic waste of money. Take stock in young talent, you are missing the mark.

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 Management

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.

Pros

Stable organization. Clean and safe facilities.

Cons

Focus on market performance is obsessive.

Advice to Management

Reward the employees - loosen up the purse strings for the broking staff.

Pros

You can work when ever you want, but that is only because you are paid on commission, although they want you in the office 2 days a week and 3 days in the field.

Cons

You will make money if you have no problem being pushy and underhanded. Don't expect any help after you trial period is up.

Advice to Management

Pyramid style old boys club.

Pros

Wide variety of fields to explore. Expertise across risk spectrum

Cons

Communication is poor Management is made up of sales folks, not managers

Pros

Sociable job, opportunity to learn, good hours.

Cons

Massive corporate machine, not as well paid as competitors

Pros

good company to start as experience, you will be working with the biggest companies out there. for experience very good

Cons

don't pay much, future very dull, people usually don't stay there more that 3 years.