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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Engagement Manager - Insurance & Asset Management

Full-TimeUpdated on 10/24/2026
No salary listed
Senior
Bachelor's
Singapore
HybridHybrid; colleagues are expected in the local office or onsite with clients at least three days per week.
ConsultingStrategy & Management Consulting

About the job

Requirements
  • Preference is given to candidates with 6–8 years of relevant experience in top-tier strategy consulting or experience in Life, General, Health, Reinsurance, or Asset Management sectors.
  • An undergraduate or advanced degree from a respected academic institution is preferred.
  • Thematic expertise in strategy, including portfolio growth, distribution, internationalization, and mergers and acquisitions.
  • Thematic expertise in operations, including claims management, underwriting processes, and technology integration.
  • Thematic expertise in financial effectiveness, including risk assessment, capital allocation, and regulatory compliance.
  • Strong analytical and problem-solving abilities, with the capacity to transform complex data into clear strategic insights.
  • Proven success leading teams or workstreams and managing multiple priorities under tight deadlines in fast-paced settings.
  • Capability to contribute to thought leadership and intellectual capital development supporting business growth.
  • Flexibility and willingness to travel as needed for client projects.
  • Outstanding written and verbal communication skills for effective engagement with stakeholders at all levels.
  • A proactive, growth-oriented mindset and willingness to learn and contribute innovative solutions.
  • Creativity and readiness to propose novel ideas to address client challenges.
  • A collaborative approach that values respect, inclusion, and teamwork.
Responsibilities
  • Lead day-to-day execution of project workstreams, ensuring rigorous, insightful, and actionable recommendations that meet client needs.
  • Develop and sustain trusted relationships with client stakeholders, engaging confidently with senior executives to support strategic decision-making.
  • Mentor and empower junior team members, fostering a collaborative and inclusive culture that supports individual and collective performance.
  • Support the development and dissemination of innovative insights and thought leadership in insurance consulting.
  • Lead and manage individual project modules, including hypothesis development, data gathering, modeling, analysis, and synthesis of insights to inform client strategies.
  • Collaborate with Partners and Principals to deliver consulting services to high standards of quality and impact.
  • Engage directly with clients through presentations and workshops, build rapport, and ensure alignment with their strategic objectives.
  • Guide and develop junior consultants, promoting continuous learning and professional growth within the team.
  • Use primary and secondary research to navigate complex challenges, address data limitations, and deliver practical solutions.

About the company

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

New York, NY

Founded

1871

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Simplify's Take

What believers are saying

  • Consulting drives growth: Mercer and Oliver Wyman's group grew 8% organically in the June 2026 quarter, versus 3% for broking.
  • Profits cushion jobs: Marsh kept about 27 cents of operating profit per sales dollar in 2025, before one-time costs.
  • Many career paths under one employer: 95,000+ colleagues span broking, reinsurance, benefits and strategy consulting in 130 countries.

What critics are saying

  • Expect cuts: Thrive, announced October 2025, sets aside $500 million, mostly severance and technology, to save $400 million yearly.
  • Pricing works against broking: Marsh's index shows commercial rates fell 6% in the June 2026 quarter, an eighth straight drop.
  • Back-office roles are being consolidated: a Business and Client Services unit is pooling operations and technology teams company-wide.

What makes Marsh & McLennan unique

  • Consulting is a third of the business: Mercer and the Oliver Wyman group earned 36% of 2025 revenue.
  • Investment management sets it apart: Mercer is the world's largest outsourced chief investment office, running portfolios for institutions.
  • Scale sets it apart: 2025 revenue grew 10% to $27.0 billion across broking, reinsurance and consulting.

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