Marsh Risk Insurance Associate reviews

Can be difficult to advance. Lots of red tape.

Pay & Workload - have noticed many employees choose to leave the Marsh to work for competitors in order to receive any kind of sufficient pay increase and to seek more manageable workloads. Marsh states that they offer annual "merit" based pay increases but this is not the case. Often when you finally are deemed worthy of one it can be less than a 1% increase despite offices exceeding annual revenue growth goals and new business goals. Marsh doesn't seem to reinvest any of their profits into the non-incentive based employees yet the pressure to do more work with less help grows year over year. Work can be very stressful and often the expectations seem completely out of reach. Hiring is always a slow process if it happens at all and any extra workload left by a departing colleague is just placed on the shoulders of the remaining team who are already managing extremely overwhelming workloads. There seems to be a lot of turnover due to burnout of employees. Insurance: expensive for being such a large company. Low ded plans are very expensive and the high ded plans offer mediocre coverage and no co-pays (so its all out of pocket until you reach your high annual ded). Costs rise year over year yet deductibles are increased and coverage is decreased. Training: There is none. It's a learn as you go kind of industry. Can be quite intimidating but definitely makes you pay attention and learn fast. You must be able to adapt quickly, be willing to ask questions, work independently with little to no instruction, and not feel overwhelmed easily.