Marsh & McLennan Companies Insurance Broker Reviews

Updated Feb 16, 2021

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4.1
81%
Recommend to a Friend
99%
Approve of CEO
Marsh & McLennan Companies CEO Daniel S. Glaser
Daniel S. Glaser
8 Ratings

Ratings by Demographics

This rating reflects the overall rating of Marsh & McLennan Companies and is not affected by filters.

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  1. "compensation"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Insurance Broker in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    the culture and the constant resources

    Cons

    there are no downsides working here

  2. "The Best"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Insurance Broker in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The best and the brightest work here.

    Cons

    There are no cons from my viewpoint.


  3. "Freedom"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Insurance Broker in Aliso Viejo, CA

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

    Pros

    They set you up for success and let you be your own boss.

    Cons

    Heavy focus on top producers.

  4. "Risk Advisor / Broker"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Broker in Houston, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good training program, tons of opportunity if you have the right manager

    Cons

    Vertical Movement, Lack of Career Progression

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  5. Helpful (11)

    "Intimidation, gaslighting, fear"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Broker in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    I can’t think of one pro except it being a paycheck.

    Cons

    Toxic culture rampant in one large group in Chicago, as described see another person’s post from 12/12. Two managers drove out almost two entire teams with their micromanagement, intimidation, gaslighting and harassment, while upper management and HR stood idly by. Against all logic, said managers are still employed. Who would want to work in this stressful environment? Who wants to go to work in fear every day?

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  6. "Marsh & Mclennan is a great place to work."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Broker in San Francisco, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Marsh & McLennan Companies full-time for more than 8 years

    Pros

    Great work ethic and very professional staff.

    Cons

    Work life balance is a problem here.

  7. Helpful (5)

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

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Broker 
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Marsh & McLennan Companies full-time for 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.

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  8. Helpful (6)

    "3 CEOs in 4 years"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Broker in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    - Many smart, knowledgeable, professionals - A fairly uniform world-wide brand - Broad spectrum of resources - A good place for young people to gain experience and responsibility - Decent wages and benefits for the middle rank-and-file - Very good compensation plans for senior and executive management - The Risk Management division (multi-nationals) traditionally had low turnover and excellent technical people - Extended benefits to Domestic Partners

    Cons

    - Very bloated, centralized management structure in New York HQ - Executive management's response to Spitzer's legal action in 2004 took 3 tumultuous years to stabilize and when the smoke cleared, a flattish, flexible decentralized organization had morphed into a rigid, authoritarian and increasingly out-of-step and out-of-touch management team. - Constant changing of technology platforms - most very, very bad - clunky and cumbersome. - 10s of millions of dollars spent on bespoke technology platforms - abandoned after a year or 2 - which really looks bad when you cyclically lay off hundreds of skilled workers. - Too many Managing Directors shuffling papers - Moving toward cheap, disposable workers - Middle Market business model can't compete with local and Regional - No longer stand out as knowledge leaders

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  9. Helpful (7)

    "No real growth potential"

    2.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Broker I in Saint Louis, MO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    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.

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  10. Helpful (1)

    "AVP - P&C Client Advisory and Broker"

    4.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Assistant Vice President - Insurance Broker in New York, NY
    Recommends
    No opinion of CEO

    I have been working at Marsh & McLennan Companies

    Pros

    Great Place to get experience in work world if interested in a career in financial services that doesn't require over 50 hours a week. Great People and usually top flight clients.

    Cons

    Company was hit hard by Spitzer suit and only really began to recover in 2008. Very limited up side potential. Don't work here if money is your top priority.

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