Overall employee rating

3.1
Based on 29 reviews
5
4
3
2
1
Detail Ratings
Work life balance
3.0
Career Growth
3.0
Work flexibility
3.0
Job Security
4.0
Pay and benefits
3.0
Leadership
3.0
Company Culture
3.0
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Associate Consultant
3.0
11 July 2026

Solid Base Pay, Benefits Need Work

Working at Marsh Risk definitely has its ups and downs. The pay is okay, but don't expect huge raises quickly.


Pros

The base salary for an Associate Consultant in the New York City office is pretty competitive, especially for a starting role in the insurance industry. They also have a decent 401k match that vests quickly, which is a big plus in a big corporate environment.


Cons

Annual raises aren't great; it's tough to get a significant bump year-over-year. Healthcare premiums are super high, making the overall benefit package less appealing than it seems. Don't expect huge bonuses either.


Advice to Management

Re-evaluate the annual raise structure and look into reducing employee contributions for healthcare. Better bonuses would really boost morale.


Ratings by topic
3.0
Work life balance
3.0
Career Growth
2.0
Work flexibility
4.0
Job Security
3.0
Pay and benefits
3.0
Leadership
3.0
Company Culture

Similar reviews
Risk Analyst
3.1
29 April 2026
Solid start in risk management, but growth can be slow.
Pros: The initial training for a Risk Analyst is pretty thorough. You get great exposure to various clients and aspects of the insurance brokerage industry, especially working in the New York City office. It's a stable, large corporate environment.
Cons: Career progression isn't always clear or fast. It feels like you hit a ceiling sometimes, and internal promotions for risk management roles don't happen as often as they should. You might need to move externally to really jump up.
Advice to Management: Marsh could really improve by creating clearer career paths for junior Risk Analysts. Focus on promoting more from within for experienced risk management positions. It would boost morale and retain talent.
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Associate Risk Analyst
3.0
2 April 2026
Culture is okay, solid for career start
Pros: It's a huge corporate environment, good for learning. As an Associate Risk Analyst, I saw a lot in insurance brokerage. Solid benefits are a plus.
Cons: Culture feels a bit old-school, really. Things move so slow; changes are tough here. Plus, the hybrid schedule in the New York office isn't very flexible.
Advice to Management: Try to encourage more innovative thinking and streamline decision-making. Empower teams to adapt quicker without so much red tape.
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Associate Account Manager
3.0
1 April 2026
Decent Place, But Watch for Shifts
Pros: It's a huge corporate insurance broker, so the company itself isn't going anywhere. You get solid benefits and the pay is decent for an Associate Account Manager role. The hybrid work setup in New York City is also a plus for flexibility.
Cons: Job security can be a real worry here. They do a lot of reorgs, sometimes every 18 months, which makes you feel constantly on edge. It's tough for Associate Account Managers; you never know when your team structure might change. This definitely impacts morale in the industry.
Advice to Management: Try to provide more transparency and stability around organizational changes. Constant restructuring makes employees nervous about their roles and futures here.
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