Marsh Risk reviews

3.9

84% would recommend to a friend

(1,908 total reviews)

Nick Studer

Not enough data to show CEO approval

74% positive business outlook

Marsh Risk has an employee rating of 3.9 out of 5 stars, based on 1,908 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Marsh Risk employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

2K reviews
2.0
Oct 23, 2014
Recommend
CEO approval
Business Outlook

Pros

Largest insurance broker. Specialized knowledge.

Cons

Benefits were once one of the best in the industry but becoming very expensive as of Jan 2015 and with little or no pay raises, pay is actually declining. Parking rates increasing. Huge push for more sales and asked to do more than ever. Client advisors are micromanaged even though they are exempt. Lots of recent turnover. Dinosaur technology.

2.0
Sep 27, 2013

Should be so much better than it actually is...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Some of the best people in the industry work here - Leverage in the marketplace - great financial results for clients - Lots of opportunities to move departments/offices (as long as you are OK being responsible for your own career path) - Global network

Cons

- Internally focused vs client focused (and yes, clients are noticing) - So many procedures, forms, processes that getting actual work done is difficult - especially at the Client Rep level - Morale at an all-time low (and it's been low for years) as Marsh changes systems/processes AGAIN - Many of the best people are also the lowest paid. Being a long-time employee guarantees you will not be paid the same as someone who is hired fresh at the same level. - Local management cannot get anything done without NY approval - Continually claim that people are the best asset of the company but employees are overworked, underpaid, and unappreciated (and if you are exempt expected to work overtime in order to be recognized; or if non-exempt looked down upon for not being able to get all your work done within an 8.5 hour day) - Diversity initiative is laughable as it's all surface talk - Middle Market at Marsh is especially challenging as Marsh does not value mid-size clients the same as the Fortune 500's or the people that work on them.

2.0
Oct 4, 2010

Volatile

Anonymous employee
Recommend
CEO approval
Business Outlook

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!

Viewing 37 - 39 of 1,908 Reviews

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