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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Rewards Consulting Intern

Summer 2027Updated
No salary listed
Internship
Singapore
HybridHybrid; at least three days per week in the Singapore office or onsite with clients.
ConsultingHuman Capital & Change Consulting

About the job

Requirements
  • Proficiency in Excel, including building dynamic models using tools such as XLOOKUP, INDEX/MATCH, and Pivot Tables to simulate compensation scenarios and cost impacts.
  • Proficiency in PowerPoint, including creating structured, logical narratives and using data visualizations to simplify reward concepts for senior stakeholders.
  • Ability to identify patterns beyond data processing, provide clear evidence-based summaries of findings, and translate them into practical implications.
  • Ability to navigate public filings, including annual reports and 10-Ks, peer group data, and market news to extract organizational or executive pay information.
  • Availability to work full-time for a minimum of 3 to 6 months, starting from May 2027.
Responsibilities
  • Support management of annual Total Remuneration Surveys by reviewing and validating client data submissions.
  • Assist with ad hoc client data requests and support market outreach activities promoting rewards products and services to existing and potential participants.
  • Support advisory projects, including job evaluations, salary structure designs, and short- and long-term incentive reviews.
  • Conduct targeted research on industry trends, regulatory requirements, and local labor market conditions in Singapore and the wider Southeast Asia region.
  • Support consultants in preparing and facilitating client workshops or industry-specific meetings by preparing materials, managing documentation, and summarizing key discussion points.
  • Coordinate with internal stakeholders to gather data and resources needed for project execution.
Desired Qualifications
  • Experience with data visualization tools and techniques.
  • Prior knowledge or internship experience in Human Resources, Data Analytics, or a quantitative field such as Finance or Statistics.

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 Jobs

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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