Are you a recent graduate eager to launch a meaningful career with a global leader? The Marsh Early Career Program offers an exceptional two-year opportunity to immerse yourself in the world of insurance broking and risk management. At Marsh, a renowned global leader, you’ll gain invaluable industry training, access dedicated development resources, and work alongside seasoned professionals across the US and Canada. This program is designed to empower you to make an immediate impact and shape your career trajectory from day one.
What is the Marsh Early Career Program?
Formally known as Marsh’s TRAC program, the Marsh Early Career Program is a comprehensive two-year career accelerator specifically crafted for recent graduates. Unlike rotational programs, Marsh’s program plunges you directly into impactful and significant work within either Client Management or Risk Practices. From the outset, you’ll be supported by a dedicated program team providing the platform and resources necessary to thrive and contribute meaningfully in your chosen role.
Before you even join Marsh, you’ll have the opportunity to choose between two distinct career paths: Client Management or Risk Practices. Throughout the interview process, you’ll delve deeper into these paths and rank your preferred business groups. This collaborative approach ensures that, upon receiving an offer, we can align your placement with your interests, skills, and business needs. While we prioritize matching your preferences, flexibility is appreciated as placements are ultimately based on business requirements.
Career Paths: Client Management vs. Risk Practices
The Marsh Early Career Program offers two distinct yet equally rewarding career paths, allowing you to specialize and develop expertise in areas that align with your interests and strengths.
Client Management: Account Specialist
Choosing the Client Management path positions you as an Account Specialist, a vital client expert within Marsh. In this role, you will be at the forefront of client relations, focusing on retaining existing client partnerships, acquiring new business opportunities, and providing seamless day-to-day account servicing. Potential business placements within Client Management include dynamic areas such as Asia Client Services, Corporate, and Global Risk Management (GRM).
Risk Practices: Associate Broker
Opting for the Risk Practices path leads you to become an Associate Broker, a product specialist with deep technical knowledge of risks and intricate insurance coverage products. As an Associate Broker, you will be the primary point of contact for interactions with insurance markets and clients, leveraging your expertise to navigate complex risk landscapes. Business placements within Risk Practices can include diverse groups like Casualty, Property, and Qualified Solutions Group (QSG), or specialized sectors such as Construction, Credit, Healthcare, and Life Sciences.
A Day in the Life: What to Expect
Each day in the Marsh Early Career Program offers a dynamic and engaging experience, contributing to real-world client solutions. Your typical day might include a variety of activities, such as:
- Partnering with experienced Account Executives and Brokers to develop innovative strategies and marketing plans aimed at both retaining current clients and attracting new business ventures.
- Meticulously evaluating insurance quotes and conducting comparative analyses of coverage offerings to ensure optimal solutions for Marsh clients.
- Skillfully negotiating terms and coverages with underwriters to secure the most favorable conditions for clients.
- Creating and expanding benchmarking reports to provide clients with valuable insights and data-driven recommendations.
- Developing and nurturing strong relationships with both clients and global insurance markets, fostering long-term partnerships.
- Preparing compelling presentations for client meetings and prospective client engagements.
- Developing and presenting comprehensive internal and external renewal strategy documents to guide client account management.
- Collaborating closely with senior colleagues on high-level projects, gaining exposure to complex and strategic initiatives.
- Building a robust network of colleagues across all levels of the organization, fostering valuable connections for career growth.
- Partnering with peer and/or senior-level mentors, benefiting from experienced guidance and support.
Why Choose the Marsh Early Career Program?
The Marsh Early Career Program is more than just a job; it’s a launchpad for a successful and fulfilling career. Here are key reasons why this program stands out:
Industry-Leading Training and Development
Marsh is committed to investing in its early career talent. The program provides top-tier industry training, ensuring you develop a strong foundation in insurance broking and risk management. You’ll benefit from a structured cohort induction, continuous learning and development opportunities, and dedicated resources designed to support your professional growth.
Meaningful Work and Real Impact
From the outset, you will be contributing to real client projects, helping them navigate and mitigate risks in today’s complex world. Marsh teams play a crucial role in managing risks associated with diverse scenarios, from global medical events to large-scale entertainment liabilities and financial sector challenges. Your work will directly impact clients and help them minimize their overall risk costs.
Mentorship and Networking
The program fosters a vibrant community and provides ample opportunities for mentorship and networking. You will be paired with experienced mentors who will guide you, and you’ll gain exposure to senior leaders within Marsh, expanding your professional network and learning from industry experts.
Career Growth Potential
The Marsh Early Career Program is designed as a stepping stone to a long-term career at Marsh. The skills, experience, and network you develop during the program will position you for continued growth and advancement within the company.
Are You the Right Fit? What We Look For
Marsh values individuals who are team-oriented, analytical, and adaptable. Ideal candidates for the Marsh Early Career Program possess:
- Teamwork and Relationship Skills: Ability to collaborate effectively in teams and build strong professional relationships.
- Analytical Thinking and Problem-Solving: Strong analytical skills to assess complex situations and develop effective solutions.
- Flexibility and Attention to Detail: Adaptability to dynamic environments and meticulous attention to detail in all tasks.
- Intellectual Curiosity: A desire to learn, explore, and continuously expand knowledge within the industry.
- Excellent Communication and Interpersonal Skills: Strong written and verbal communication skills, with the ability to interact effectively with diverse individuals.
- Demonstrated Leadership or Initiative: Evidence of leadership qualities or proactive initiative shown in academic, professional, or community settings.
Eligibility and Application Requirements
To be eligible for the Marsh Early Career Program, applicants must meet the following criteria:
- Current Seniors: Be a current senior in university with an expected graduation date between December 2024 and June 2025.
- GPA: Maintain an overall cumulative GPA of 3.0 or above at the time of application and program start date.
- All Majors Considered: The program welcomes applicants from all academic majors.
- Work Authorization: Must have permanent legal work authorization in the U.S. without requiring sponsorship, i.e., be a U.S. Citizen or Permanent Resident Green Card holder at the time of application.
Diversity and Inclusion at Marsh McLennan
Marsh McLennan is deeply committed to fostering a diverse, inclusive, and flexible work environment. We strive to attract and retain top talent by embracing diversity in all its forms, including age, background, disability, ethnicity, family status, gender, orientation, marital status, nationality, and more.
Take the Next Step: Apply to the Marsh Early Career Program
Ready to take the first step towards a rewarding career? Applying to the Marsh Early Career Program is straightforward. Once your application is submitted, our team will carefully review your qualifications. If you meet our criteria, you will be invited to complete a recorded online interview via HireVue. Finalists will then participate in a virtual Open House, known as Reverse Business Interviews, to further explore career paths and business placements. The final stage involves a virtual interview day, after which successful candidates will be matched to a business group based on their preferences and program availability.
About Marsh: A Global Leader in Risk and Insurance
Marsh is the world’s leading insurance broker and risk advisor, with over 45,000 colleagues serving clients in more than 130 countries. We provide data-driven risk solutions and advisory services to commercial and individual clients worldwide. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s preeminent professional services firm in risk, strategy, and people, boasting annual revenues of $23 billion and a portfolio of market-leading businesses including Guy Carpenter, Mercer, and Oliver Wyman.
Embark on your professional journey with the Marsh Early Career Program and become a part of a team that’s shaping the future of risk management and insurance.
