Marsh Graduate Development Program
 

Hi all,

Wondering anyone knows about this program with Marsh?
What are the prospects like?

Marsh Graduate Development Program

Embark on a career that allows you to make a difference to people and businesses across the world, and across industries. Join a global team of more than 35,000 colleagues across more than 130 countries, and help to safeguard the businesses of the biggest names in the world. When the majority of the Fortune Global 500 firms are our clients, by joining Marsh, you get the opportunity to work with the top players from almost every industry you can think of.

The Marsh Graduate Development Program (MGDP) is a 2-year rotational program open to a select group of highly-motivated university graduates. It is designed to support, develop, and challenge you in preparation for your career progression within Marsh.

Your learning curriculum will include obtaining a professional accreditation from Singapore College of Insurance (SCI) in conjunction with Monetary Authority of Singapore (MAS).

In addition to the job rotations allowing for opportunities to learn on the job, you will also undergo a structured learning and development curriculum, have access to senior mentorship, networking opportunities, and formal performance management.

Upon successful completion of the program, associates are placed in roles that focus on continued career development and promote leadership potential. This program is targeted for client-facing job profiles.

Would anyone in this insurance brokering industry mind sharing some insights? Thanks!

Google Marsh and you will know they are amongst the largest companies around.
Try to get into the reinsurance team instead of the local retail team.
Good career.

Have you got any news after the gamification test?

anyone going for this?

You got an offer?
If yes, how long after the final interview?

Is this an insurance management associate program (IMAP)?

about 1-2 weeks

Is this an IMAP? Any idea?

i think it is

Yes, this sounds like an IMAP (i knew someone who worked there). She's now a broker.
Might as well do the consulting/investment roles in Marsh. Will be more prestigious.

Could you share about the salary progression in this industry as a broker?

can we join this prog and do the consulting roles?

The IMAP is only for general insurance.
I dont know about Marsh, but I know for Aon, a similar company, the pay starts out from 3.3k for the first year, and I imagine at the end of 2 years it will be 4k+.
But there is only usually 1 headcount in Marsh. The general side is smaller. But it's also better as 1)they get to go on a trip to UK 2)the ACII is slightly more relevant to the general insurance industry.

Anyone knows what kind of rotations(what kind of business unit etc) the Marsh program has?

Are there yearly salary increments for graduate associate within the 2 years?

Anyone received an offer recently?

2 weeks ago though. Good luck if you are waiting for news!

They did not disclose the type of rotations, but its mostly what kind of broking you're assigned to

i got offered and will be joining. not my first choice but i got rejected from all banks so...

When did you had your last interview?

first half of march lol

How is the salary and career progression like for the management associates within and after the 2 years program?

Banks are prestigious only if you are at the right one, and a very steep ladder to climb.
Brokers with good experience are in demand, give yourself a few years, the next career jump is quite substantial. Important to build your network and relationships during that time.

congrats to those who got accepted!!

just received an email from Marsh:

Thank you for your interest in the position of Marsh Graduate Development Program

As a result of the global impact of COVID-19, we are pausing recruitment for the role you expressed interest in. We want to ensure the global health crisis we are currently experiencing stabilizes before we resume recruitment for this role.

We appreciate the time you took to explore opportunities within the organization and hope you will continue to view Marsh and McLennan as a future employer.

gg I guess I didn't make the cut eh :(

When did you do ur final interview?

around mid march!

Got the same email :(

Bump. Does anyone has any idea of this?

so what's your next step?

What kind of services does the local retail team provide?

Sure or not? Care to elaborate?

Reinsurance is overrated. Energy and power better. Got pretty girl.

SIC pretty girls names pls

The pay standard across? $3500?

This industry is very manual so skip if you are looking for technology or efficiency.

This industry is generally shunned and misunderstood by locals so skip if you have problem getting along with foreigners or easily embarrassed if mistaken for an insurance agent.

This industry is not known to make people rich and this company is known to pay peanuts. Please skip if you are looking for money.

This industry has almost zero glamour and swagger. Nobody will be impressed by your job. Skip if you are looking to work in a glam environment.

Is the salary and career progression in Marsh really so terrible?

How many people stay on in marsh after their bond?

Quits immediately after bond here.

Expect zero bonus and bare minimum increment. You will find yourself earning almost similar to people who join one two years after you.