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