Marsh & McLennan Companies Insurance Broker Reviews

Pros

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

Cons

Vertical Movement, Lack of Career Progression

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?

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.

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

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.

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.