Marsh Risk reviews

3.9

83% would recommend to a friend

(1,905 total reviews)
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Martin South, John Doyle

94% approve of CEO

73% positive business outlook

Marsh Risk has an employee rating of 3.9 out of 5 stars, based on 1,905 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 Assurance 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.

1.0
Jul 15, 2014
Recommend
CEO approval
Business Outlook

Pros

There is very little Pro's about this company: * It did pay for me to get a qualification (even though it's only recognized in Australia and not NZ) *Due to complete lack of systems, everything is run through Excel which meant I got plenty of good experience with spreadsheets

Cons

Where to begin........ * Acute Staffing shortages in the 4 years I worked for them that they thought they could fix with 3 month fixed term contracts (Completely forgetting that we have to train them only for them to leave) * Terrible management at all levels, they seem to only hire incompetent managers who come in, want to put their stamp on things and then leave the practice in a worse state than it was when they came because they never bothered to listen to the staff and it all turns to custard. * Pay increases and bonuses are non-existent in the lower levels * Don't recognize hard working staff or reward them. They only seem to reward higher management who do none of the work. * No training plans in place at all for new staff or for career progression. Their greater good training is a joke. * Non existent HR - Seriously....no one can ever get ahold of them, let alone get a resolution to any grievances. * Expect to work 12 hour days just to try and keep on top of work. Low moral. * Senior management, HR management and CEO are all in bed together so you can't escalate any issues with senior people. * Finance department is awful. Regularly misplaced money against the wrong policies. Literally had to email them every single time a payment came in to make sure it got put in the right place. Spent hours doing their job and sorting out mistakes. Product of cost cutting. * Treat you as a number. Your dispensable no matter how much knowledge you bring to the company. Seem to make people redundant who have the knowledge and skills and keep the idiots who do no work. This company is all about cost cutting to the extreme, absolutely no vision or direction except "we've got to get more money than last year". If they don't meet new business targets, staff are cut to make up the costs.

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.

Viewing 49 - 51 of 1,905 Reviews

Glassdoor has 2,459 Marsh Risk reviews submitted anonymously by Marsh Risk employees. Read employee reviews and ratings on Glassdoor to decide if Marsh Risk is right for you.