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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Employee Benefits Intern

Summer 2025Posted on 2/22/2025
No salary listed
Internship
Bachelor's
Philadelphia, PA, USA
Insurance, Finance & Banking
Company Does Not Provide H1B Sponsorship

About the job

Requirements
  • The ideal candidate will be a Sophomore or Junior studying Risk Management and Insurance, with a focus on Employee Benefits.
  • Must possess a high level of motivation and excellent attention to detail.
  • A high school diploma required.
  • High proficiency in MS Office Suite.
  • Ability to use discretion and maintain confidentiality.
  • Above average spelling and grammar skills.
  • Ability to work in a team environment.
  • High level of organizational ability and ability to multi-task.
  • Professional demeanor.
  • Ability to be proactive and work independently.
  • Ability to work under tight deadlines.
  • Detail-oriented with good analytical skills.
  • Regular and predictable attendance.
  • Proficient in Graham standard computer applications.
  • Employees are required to be fit-for-duty which includes not being under the influence of drugs and/or alcohol. This includes any drugs that might impact an employee’s ability to safely perform their job.
Responsibilities
  • Work with Agency Management System.
  • Assist with analyzing and summarizing claims information.
  • Review insurance company contracts for accuracy.
  • Attend carrier presentations learning about product offerings.
  • Research and development.
  • Assist Technical Development Department with department audits.
  • Participate in various professional development and educational sessions with East Region intern cohort.
  • Handle special projects as assigned.
  • Attend meetings related to your position.

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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