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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Risk Early Career Program Intern - Insurer Consulting Group

Summer 2027Updated on 10/24/2026Deadline 11/1/26
$32/hr
Internship
Bachelor's
New York, NY, USA
HybridHybrid role; at least three days per week in the office.
Insurance
No H1B Sponsorship
US Citizenship Required

About the job

Requirements
  • Currently pursuing a bachelor's degree in Business, Economics, Liberal Arts, Finance, Risk Management and Insurance, or another Business-related major.
  • Be organized, detail-oriented, and able to manage multiple responsibilities effectively.
  • Have strong interpersonal and analytical skills to collaborate across teams and support data-informed decision-making.
  • Communicate effectively and build positive working relationships with people from different backgrounds and perspectives.
  • Have legal authorization to work in the United States permanently and on an ongoing basis without sponsorship; applicants must be U.S. citizens or permanent residents holding a Green Card at the time of application.
Responsibilities
  • Build relationships and develop an understanding of ICG's business throughout Marsh and with insurance carriers.
  • Develop fluency in company and carrier products and operations to enhance work quality.
  • Conduct research and analysis on client businesses, industry trends, and market developments to inform team and client discussions.
  • Collaborate with brokers and teams to support communication and coordination with clients, carriers, and internal partners.
  • Support day-to-day projects while building knowledge of insurance markets, client service, and risk management.
  • Participate in team meetings, client discussions, and learning opportunities to gain exposure to insurance broking.
  • Contribute to special projects and team initiatives throughout the internship.
Desired Qualifications
  • Have a client- or customer-focused mindset and the ability to build relationships internally and externally.
  • Be comfortable collaborating in team environments while taking ownership of individual responsibilities.
  • Have a strong interest in and basic understanding of risk management and insurance.

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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