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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Billing Analyst

Full-TimePosted on 10/22/2026
$54k - $108k+ Performance-based incentives
Junior
Bachelor's
Boston, MA, USA
HybridHybrid; minimum three days per week in the office.
AccountingAccounts Payable/Receivable
Company Does Not Provide H1B Sponsorship

About the job

Requirements
  • A bachelor's degree is required.
  • At least two years of operations, accounting, or finance experience is required.
  • Experience with accounting or billing systems and revenue recognition concepts is required.
  • Ability to work independently and manage multiple priorities is required.
  • Strong organizational, prioritization, and stakeholder management skills are required.
  • Experience reviewing contracts and client work orders is required.
  • Advanced Excel skills and proficiency with Microsoft Office are required.
Responsibilities
  • Set up new client accounts and project codes in the Broadridge Revport billing system.
  • Ensure invoices are calculated accurately and delivered to internal stakeholders within deadlines.
  • Interpret complex contracts and legal documents to apply appropriate pricing methodologies to new client invoices.
  • Maintain invoicing control files and billing records.
  • Coordinate with cash processing teams to ensure payments are applied correctly.
  • Follow up on invoices not approved with consultants and client portfolio directors as needed.
  • Ensure adherence to policies and procedures while identifying process improvement opportunities.
  • Work with the offshore billing team to coordinate responsibilities, share knowledge, and ensure accurate invoice delivery.
  • Record quarterly revenue and maintain accurate financial data.
  • Participate in ad hoc projects for the investment operations team.
  • Reconcile actual management revenue against financial forecasts.
Desired Qualifications
  • Coursework or a concentration in Accounting or Finance.
  • Broadridge Revport experience is strongly 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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