Marsh 2021 Advisory Graduate Programme

Marsh & McLennan Companies · Competitive · Greater London
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Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services.

 

About the Programme

Working for Marsh Advisory, you will work either directly with clients or in support of the broking business to develop and deliver innovative solutions to clients beyond the buying of insurance. Solutions may include better risk management approaches, handling of complex claims and use of data-driven analysis to inform a client’s insurance strategy.

 

Qualifications (required):

  • On track to receive a 2:1
  • Numerical or engineering degree (or Maths A-Level)
  • In order to apply, candidates must be eligible to work in the UK or Republic of Ireland
  • No Visa sponsorship

Skills:

  • Leadership
  • Impact and influence
  • Communication
  • Results-focused
  • Accuracy and awareness
  • Teamwork
  • Innovation   

 

What is a typical ‘Day in the Life’ of a Marsh Advisory Graduate

When you join our program, you will be allocated to a core area of CAS, while still getting the opportunity to rotate into all areas to better understand our business.

Our Close-to-Broking team provides solutions aligned to specific classes of insurance (Casualty, Property and Motor). Our objective is to deliver risk management support, guidance and services to enable optimum placement of insurance, minimize risk exposure and provide risk insight through sector knowledge and expertise.  Our services include health & safety, property risk engineering and motor fleet risk management.

In the Strategic Risk Consulting team we help clients in a number of different ways. We help them to identify, quantify and manage the strategic risks they face, be that cyber or climate change, and we help them to improve their resiliency for when things do go wrong. We often use innovative techniques and approaches to solve our clients’ issues, for example, using drones and satellite imagery to assess the impacts of natural catastrophe events, or working with our brokerage colleagues to develop new insurance solutions where none existed before.

An integral part of Marsh’s overall proposition is our dedicated Analytics Solutions team. Analytics Solutions offer a wide range of actuarial and data-driven services to clients and prospects; using and developing actuarial and financial models to support clients’ decision making on insurance and financial risk issues.

Finally, claims are the reason insurance exists. Our Claims Solutions help clients when disaster strikes, ensuring the policy works in the correct way and our clients obtain the settlement they are due. Claims are becoming more frequent and costly whether as a result of an increase in natural catastrophes and climate change, an increased propensity for litigation or as a result of wider insurance cover for new emerging risks like cyber. For smaller ‘attritional’ losses we work with clients to help understand why they are receiving claims and what can be done to prevent or mitigate the costs of claims to their business.

Working alongside our Claims team is the Financial Advisory Services team who specialize in preparing and managing large complex claims for clients who have suffered physical and financial losses following an insured loss event. This team has over 100 people across the globe, comprising loss adjusters, forensic accountants, lawyers and engineers. 

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