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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Restructuring Associate & Engagement Manager

Full-TimeUpdated on 10/24/2026
No salary listed
Mid, Senior
Bachelor's
Düsseldorf, Germany+4 moreMore locations: Hamburg, Germany | Frankfurt, Germany | Berlin, Germany | Munich, Germany
HybridHybrid working across the listed German offices; willingness to travel required.
ConsultingFinancial & Transaction Advisory

About the job

Requirements
  • A minimum of 3–8 years of relevant experience, ideally with a top-tier strategy consulting firm or similar organization.
  • In-depth knowledge of the sector gained through industry experience or consulting experience.
  • A strong background in strategic problem solving with demonstrable analytical skills.
  • Outstanding written and verbal communication skills in formal and informal settings.
  • Fluency in English and German.
  • An undergraduate or advanced degree from a top academic program.
  • Willingness to travel.
  • Ability to take initiative, seek opportunities to learn new skills, and apply existing skills effectively.
  • Creativity and ability to develop novel solutions to clients’ problems.
  • Aptitude for analytical work, including analyzing large data sets and identifying key issues in complex challenges.
  • Willingness to work fluidly and respectfully with the team.
Responsibilities
  • Associates break down complex problems into discrete tasks, identify key aspects of a problem, and direct junior consultants’ focus to those elements.
  • Plan and execute analyses and identify core issues in complex analyses to develop suitable recommendations.
  • Work alongside clients and project team members to move projects forward and manage small teams to complete the work.
  • Provide clients and colleagues with insight into the selected subject area.
  • Engagement Managers lead projects day to day and guide teams through an effective problem-solving process from initial analysis through solution development.
  • Ensure recommendations are correct, practical, sensible, relevant, and cohesive.
  • Provide strategic thought leadership while maintaining command of technical and operational execution details.
Desired Qualifications
  • Relevant experience with a top-tier strategy consulting firm or similar organization is preferred.

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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