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$58.2K

$86.5K

How much do marsh insurance brokers jobs pay per year?

As of Jun 13, 2026, the average yearly pay for marsh insurance brokers in the United States is $58,198.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $66,500.00 per year, depending on experience, location, and employer.

What are typical daily responsibilities for an insurance broker at Marsh Insurance Brokers?

As an insurance broker at Marsh Insurance Brokers, your daily responsibilities typically include consulting with clients to understand their coverage needs, researching and comparing various insurance policies, and negotiating terms with underwriters and insurers. You may also handle policy renewals, address client concerns, and ensure all documentation is accurate and compliant with industry standards. Collaboration is a key part of the role, as you'll often work closely with other brokers, support staff, and product specialists to deliver comprehensive risk management solutions. This dynamic environment offers the chance to build lasting client relationships and develop deep expertise across multiple insurance markets.

Is Marsh a good insurance broker?

Marsh Insurance Brokers is a well-established global insurance brokerage firm known for providing risk management and insurance solutions to various industries. The quality of service can vary by location and individual broker, so researching local offices and client reviews can help determine if they meet specific needs.

What are the key skills and qualifications needed to thrive in the Marsh Insurance Brokers position, and why are they important?

To thrive as an insurance broker at Marsh Insurance Brokers, you need strong knowledge of insurance products, risk assessment, client relationship management, and ideally a relevant bachelor's degree and industry certifications like a state insurance license. Familiarity with CRM systems, policy management software, and digital underwriting platforms is commonly required. Excellent interpersonal skills, negotiation abilities, and attention to detail help brokers excel in serving clients and building strong networks. These competencies are crucial for ensuring clients receive tailored insurance solutions and maintaining Marsh's reputation for trusted advisory services.

How much do insurance brokers earn?

Insurance brokers typically earn a median annual salary of around $50,000 to $70,000, with top earners making over $100,000. Their income often includes commissions based on policies sold, and experience, location, and specialization can significantly impact earnings.

Who owns Marsh insurance brokers?

Marsh Insurance Brokers is a subsidiary of Marsh & McLennan Companies, a global professional services firm. As a large publicly traded corporation, ownership is distributed among shareholders, with the company managed by its executive leadership team.

How much does Marsh pay?

Salaries for Marsh Insurance Brokers vary based on role, experience, and location. Entry-level brokers typically earn between $50,000 and $70,000 annually, with experienced professionals earning higher. Compensation may also include bonuses and benefits aligned with industry standards.

What is a Marsh Insurance Brokers job?

A Marsh Insurance Brokers job involves working for Marsh, a global insurance brokerage firm that helps clients manage risk and find insurance solutions. Employees may work in various roles, such as client advisors, brokers, analysts, or risk consultants, assisting businesses and individuals in securing coverage tailored to their needs. The job typically involves assessing risks, negotiating with insurers, and providing expert advice. Positions can span different industries, including healthcare, finance, and commercial sectors. Strong analytical, communication, and problem-solving skills are essential for success in this field.

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What cities are hiring for Marsh Insurance Brokers jobs? Cities with the most Marsh Insurance Brokers job openings:
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Marsh Insurance Brokers jobs near you
Infographic showing various Marsh Insurance Brokers job openings in the United States as of June 2026, with employment types broken down into 4% As Needed, 95% Part Time, and 1% Nights. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $58,198 per year, or $28 per hour.
Placement Broker

Placement Broker

Marsh & McLennan Companies, Inc.

New York, NY • On-site

$92K - $197K/yr

Full-time

Medical, Retirement

Posted 26 days ago

Job description

Company:
Marsh
Description:
We are seeking a talented individual to join our team at Marsh as a Placement Broker based out of our New York City office. This is a hybrid role that requires working at least three days a week in the office.
The successful candidate will lead daily operations from a support and administrative level, coordinating complex logistics and task assignments for client relationship projects while ensuring effective communication and problem resolution.
We will count on you to:
  • Utilize your risk expertise and industry knowledge to analyze client exposures and develop tailored insurance solutions.
  • Manage the placement process including soliciting quotes, negotiating with panel markets, and ensuring accuracy of insurance programs.
  • Build and maintain strong relationships with carriers, underwriters, and client teams to deliver best-in-class service.
  • Participate in renewal strategy meetings and lead client M&A integrations related to local policies and divestitures.
  • Document all activities accurately in systems to ensure timely follow-up and compliance with global network standards.

What you need to have:
  • 3+ years of industry experience with proven success working collaboratively in a team environment.
  • Strong analytical skills, attention to detail, and excellent communication abilities.
  • Solid knowledge of market risk issues, insurance brokerage, account management, and servicing.
  • Proficiency with business systems and technology; prior insurance experience with a broker or carrier.
  • P&C license or ability to obtain; Bachelor's degree preferred.

What makes you stand out:
  • Ability to build strong relationships and rapport with internal colleagues and external carriers.
  • Resourceful self-starter who brings innovative solutions and ideas.
  • Experience collaborating with teams to make an immediate impact.
  • Familiarity with forecasts, conferences, and evolving insurance and risk management market conditions.
  • Broker's license preferred or ability to obtain.
  • Demonstrated interest in aligning with practice goals and contributing to their achievement.

Why join our team:
• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.
The applicable base salary range for this role is $92,500 to $197,100.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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