Marsh & McLennan Companies Reviews

Updated 4 Jun 2020

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3.4
67%
Recommend to a Friend
84%
Approve of CEO
Marsh & McLennan Companies CEO Daniel S. Glaser
Daniel S. Glaser
244 Ratings
Pros
Cons
More Pros and Cons
  1. Featured Review
    Helpful (2)

    "Good company - exciting technology environemnt"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Technology Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Marsh & McLennan Companies full-time for more than 10 years

    Pros

    - Global company, centralized IT (enabling a true big-picture and 100% responsibility for technology - work together with global team members.

    Cons

    Can be overwhelming to individuals who aren't used to working across time-zones (e.g. continental time zone) and/or working across cultural borders.

    Marsh & McLennan Companies2019-08-29
  2. "Growth Culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Head of Office 
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Excellent career progression for those willing to work hard and generate revenue. Access to a wealth of knowledge.

    Cons

    Acquisitive which can cause temporary disruption.

    Continue reading
    Marsh & McLennan Companies2020-02-09
  3. "Good company to work for"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst 
    Recommends
    Positive Outlook

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

    Pros

    Excellent benefits package, can work from home

    Cons

    Not always kept in the loop, lack of support and training

    Marsh & McLennan Companies2020-05-05
  4. "IT Manager"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Vice President, IT Manager in Swindon, Wiltshire, South West England, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Marsh & McLennan Companies full-time for less than a year

    Pros

    Great place to work with a good work life balance

    Cons

    no real negatives from my experience.

    Continue reading
    Marsh & McLennan Companies2020-05-02
  5. "Good place to work"

    4.0
    Former Employee - Casualty Claims Advisor in Norwich, England
    Recommends

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

    Pros

    Decent pay. Good benefits. Always someone ready to help if you need it. They were very good to me when my husband passed away.

    Cons

    Could have had better training.

    Marsh & McLennan Companies2020-03-09
  6. "Wonderful Perks"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Executive Assistant in City of London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Marsh & McLennan Companies full-time for more than 10 years

    Pros

    Employee Benefits, Pension & Share Schemes

    Cons

    Lack of pay rises and recent Company Restructuring

    Continue reading
    Marsh & McLennan Companies2020-02-27
  7. Helpful (1)

    "Working for Marsh"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Executive Assistant in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Marsh & McLennan Companies full-time for more than 8 years

    Pros

    Innovative, inspiring and on trend with great benefits

    Cons

    Many layers of management.

    Marsh & McLennan Companies2020-02-22
  8. "Enjoyable"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Management Accountant in London, England

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

    Pros

    Big company so opportunity for advancement Fair Salary

    Cons

    Being large there isn't much scope in lower roles

    Marsh & McLennan Companies2020-02-14
  9. Helpful (1)

    "Company obsession for NOI / EBIT is a likely harbinger for disaster"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Adviser in Swindon, Wiltshire, South West England, England
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Overall benefit package is fairly competitive i.e. pension, car allowance, holidays, PMI etc. Colleagues you work with all try their hardest despite significant shortcomings from management. There are still some great people there.

    Cons

    Company obsession for NOI / EBIT is a likely harbinger for disaster MFP was created predominately from the takeover over of Jelf Financial Planning (JFP). JFP was a well-regarded Wealth Management business, endorsed by client service accolades alongside an experienced and capable Adviser Team, many of whom were Chartered, underpinned by an effective and energetic Management and Support Team. Clients were genuinely front and center of the overall advice and service proposition. Since Mercer took over, it’s reasonable to say that the Financial Planning business has taken a major backwards step. The underlying reason has been poor management – harsh but fair. Most of the current Management are from the pre RDR world, with very limited technical knowledge & know how, which negatively impacts the business’s decisions & direction, but also their ability to deliver effective coaching and development. A significant number of the Advisers & Support Team members have chosen to leave the business over the last 3.5 years, c19 Advisers have left, with a similar number of experienced Support staff. Client Service has understandably suffered, Advisers regularly wait months for a financial report. Admin errors, mistakes and complaints are endless. The Client investment offering is due to take a major step back, with a new CIP effectively creating a ‘SJP’ style vertically integrated business, which will see Mercer Funds having to be recommended first and foremost due to the additional revenue earned from these funds alongside the advice fee. A CIP with such a restrictive approach is understandably a red line for most Adviser who want to ensure they can provide best advice for their clients. New Business targets & focus has increased considerably, driven by short term profit / NOI demands from the business, which has resulted in a perception that existing clients are secondary. Completing such new business targets will be ‘challenging’ given the headwind of Support issues. The remuneration scheme contains a significant ‘holdback’ element of 50%, which is subjective in its payment / release, and is heavily dependent on revenue results.

    Continue reading
    Marsh & McLennan Companies2020-03-10
  10. "Superb company with great flexibility for employees."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Agency Support 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Marsh & McLennan Companies full-time for more than 10 years

    Pros

    Genuinely strive to do 'the right thing' for colleagues and clients.

    Cons

    None that come to mind

    Marsh & McLennan Companies2020-01-28
Found 842 reviews