Summer 2027

NERA PhD Summer Intern – 2027 Grads

Posted on 11/22/2025

Marsh

Marsh

10,001+ employees

Global insurance brokerage and risk advisory

Compensation Overview

$95/hr

Washington, DC, USA + 3 more

More locations: San Francisco, CA, USA | New York, NY, USA | White Plains, NY, USA

In Person

Office attendance required: at least three days per week in the local office.

Category
Consulting (1)
Required Skills
Python
SAS
R
Word/Pages/Docs
Stata
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Ph.D. candidates in economics, statistics, finance, or a related field with training in econometrics and quantitative methods
  • exceptional analytic skills
  • strong academic records
  • detail-oriented
  • think analytically and critically
  • excellent oral and written communications skills
  • fluent in English
  • capable of using MS Office applications including Word, Excel, and PowerPoint
  • adept at online research
  • capabilities with analytical software and programming environments such as SAS, Python, R, and Stata is a plus
  • eligible to work in the United States; international candidates allowed if they can independently obtain work authorization (OPT/CPT)
  • commitment of 8-10 consecutive weeks between June and August
  • weekly rate $3,800
  • ability to collect market, industry, company, and competitor information; building and using spreadsheet models and applying econometric analysis; reviewing, summarizing and analyzing industry trends; creating trial exhibits; drafting memos, expert reports and presentation materials; participating in client and team meetings and conference calls
  • team-based, multi-task environment; precision work that is both quantitative and qualitative; work independently within a team
Responsibilities
  • collect market, industry, company, and competitor information as needed for casework
  • build and use spreadsheet models and apply econometric analysis to economic and financial data
  • review, summarize and analyze industry trends
  • create trial exhibits
  • draft memos, expert reports and presentation materials
  • participate in client and team meetings and conference calls
  • use statistical software and programming languages to support analysis as required
  • work within a team-based, multi-task environment that requires precision in quantitative and qualitative work under tight deadlines
Desired Qualifications
  • Capable of using statistical software and programming languages such as SAS, Python, R, and Stata (listed as a plus)
  • Ph.D. candidates in economics, statistics, finance, or a related field with training in econometrics and quantitative methods (core requirement)
  • experience with econometric analysis beyond coursework is a plus
  • experience in consulting or professional services environment is a plus
  • ability to obtain work authorization (OPT/CPT) for international candidates is required

Marsh is a diversified professional services firm that helps clients manage risk, secure insurance, and design risk-transfer programs. Its core work combines risk advisory with insurance brokerage, acting as a buyer of coverage and placing policies across multiple underwriters. It includes Mercer (HR consulting), Guy Carpenter (reinsurance brokerage), and Oliver Wyman (management consulting) under a holding structure. Its goal is to lower clients' financial risk and total cost of risk by combining risk transfer with advisory and consulting services across insurance, reinsurance, HR, and business strategy.

Company Size

10,001+

Company Stage

Seed

Total Funding

$110K

Headquarters

New York City, New York

Founded

1871

Simplify Jobs

Simplify's Take

What believers are saying

  • Mercer consulting revenue grew 11% in Q1 2026, outpacing traditional brokerage and driving higher margins.
  • EMEA division surged 14.1% year-over-year in Q1 2026, signaling strong European and emerging market expansion.
  • Niche insurance products like Port Blockage Insurance and Micassure capture underserved segments as commoditization pressures traditional lines.

What critics are saying

  • Aon's $13B Willis Towers Watson acquisition enables aggressive pricing that erodes Marsh's 30% global brokerage share.
  • Guy Carpenter's 2% organic growth in Q1 2026 trails Arthur J. Gallagher's 15% YoY, signaling reinsurance market share loss.
  • Sentrisk AI platform faces class-action lawsuits alleging misuse of client supply chain data for competitive intelligence.

What makes Marsh unique

  • Sentrisk AI platform maps supply chains with geospatial satellite imaging, uniquely addressing geopolitical and climate risks.
  • Holding company structure enables separately managed businesses: Marsh, Mercer, Guy Carpenter, Oliver Wyman.
  • Broker-as-advisor model since 1905 spreads client risk across multiple underwriters, not single insurers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Sick Leave

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Professional Development Budget

Tuition Reimbursement

Mental Health Support

Paid Holidays

Company News

Smartbroker Holding AG
Jul 28th, 2025
Mitsubishi Electric to Transfer Shares of Insurance Subsidiary to Marsh Japan

28.07.2025 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has concluded a share transfer agreement under which it will transfer shares of its Tokyo-based subsidiary Mitsubishi Electric Insurance Service Co., Ltd. to Marsh Japan, Inc. on ...

Coverager
Aug 28th, 2024
Marsh Launches Port Blockage Insurance

Marsh <i class="fa fa-info-circle company-popover" data-content="h3Marsh/h3. div. table

Business Wire
May 16th, 2024
Marsh Mclennan Stockholders Re-Elect Board Of Directors During 2024 Meeting

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, today announced the results of its 2024 Annual Meeting of Stockholders. Stockholders elected the entire slate of 2024 director nominees for a one-year term expiring at next year’s annual meeting. The 11 directors are: Anthony K. Anderson, John Q. Doyle, Oscar Fanjul, H. Edward Hanway, Judith Hartmann, Deborah C

Coverager
May 9th, 2024
Marsh Introduces Micassure

Marsh <i class="fa fa-info-circle company-popover" data-content="h3Marsh/h3. div. table

Coverager
May 2nd, 2024
Marsh Launches Sentrisk

Marsh <i class="fa fa-info-circle company-popover" data-content="h3Marsh/h3. div. table

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