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Marsh McLennan Interview Questions and Answers
13 Interview questions
Conducting a risk analysis involves identifying, assessing, and prioritizing risks to minimize their impact on the company.
Identify potential risks: Market fluctuations, regulatory changes, cybersecurity threats.
Assess the likelihood and impact of each risk: Use a risk matrix to categorize risks as low, medium, or high.
Develop mitigation strategies: For example, diversify suppliers to reduce supply chain risk.
Moni...
The output of the case study round provides valuable insights into the candidate's problem-solving skills, analytical thinking, and decision-making abilities.
The candidate's approach to analyzing the case study and identifying key issues can showcase their critical thinking skills.
The solutions proposed by the candidate can demonstrate their ability to think creatively and strategically.
The candidate's communicati...
Floods are the most frequent catastrophe in India due to monsoon rains and poor infrastructure.
Monsoon floods affect millions of people every year
Lack of proper drainage systems exacerbates flooding
Coastal areas are prone to cyclones and storm surges
Urban areas often face waterlogging during heavy rains
Catastrophe modeling is the process of using computer simulations to estimate the potential losses that could be incurred from natural disasters.
Catastrophe modeling helps insurance companies and other organizations assess and manage their risk exposure to natural disasters such as hurricanes, earthquakes, and floods.
It involves analyzing data on historical events, geographical factors, and building structures to ...
Catastrophe refers to a sudden and widespread disaster causing significant damage or loss.
Catastrophes can include natural disasters such as hurricanes, earthquakes, and wildfires.
Man-made disasters like terrorist attacks or industrial accidents can also be considered catastrophes.
The impact of a catastrophe is often severe, leading to loss of life, property damage, and disruption of communities.
Risk in insurance refers to the likelihood of a loss or damage occurring, leading to financial consequences for the insurer.
Risk is the uncertainty of an event happening that could result in a financial loss for the insurer.
Insurance companies assess risks based on factors such as the insured's age, health, occupation, and lifestyle.
Examples of risks in insurance include natural disasters, accidents, illnesses, an...
Joins in Oracle are used to combine rows from two or more tables based on a related column between them.
Joins are used to retrieve data from multiple tables based on a related column
Types of joins include INNER JOIN, LEFT JOIN, RIGHT JOIN, and FULL JOIN
Example: SELECT * FROM table1 INNER JOIN table2 ON table1.column = table2.column
A constraint is a limitation or restriction that must be followed in order to achieve a certain goal or outcome.
Constraints can be related to time, resources, budget, or technical limitations.
For example, a project may have a constraint that it must be completed within a certain timeframe.
Constraints help define the boundaries within which a project or task must operate.
Failure to adhere to constraints can result ...
Yes, I have experience working with data in various projects and internships.
I have analyzed customer data to identify trends and make recommendations for marketing strategies.
I have used Excel and SQL to manipulate and analyze large datasets.
I have created visualizations using Tableau to present data insights to stakeholders.
Insurance cycle refers to the pattern of hard and soft market conditions in the insurance industry.
Insurance cycle consists of alternating periods of hard market (high premiums, low capacity) and soft market (low premiums, high capacity).
Factors such as catastrophic events, investment returns, and regulatory changes can influence the insurance cycle.
During a hard market, insurers raise premiums and tighten underwr...
Marsh McLennan Interview Experiences
42 interviews found
Anonymous
I applied via Recruitment Consulltant and was interviewed in Jul 2024. There were 4 interview rounds.
(1 Question)
- Q1. Can you describe your past experiences?
- Ans.
I have over 10 years of experience in various leadership roles, including managing teams, developing strategies, and driving business growth.
Managed cross-functional teams to successfully launch new products
Developed and implemented strategic plans to increase revenue by 20%
Led a team of 50+ employees to achieve operational excellence
An analysis of the impact of a change in government in Mexico on a company planning to enter the energy industry.
(1 Question)
- Q1. What insights can be gathered from the output of the case study round?
- Ans.
The output of the case study round provides valuable insights into the candidate's problem-solving skills, analytical thinking, and decision-making abilities.
The candidate's approach to analyzing the case study and identifying key issues can showcase their critical thinking skills.
The solutions proposed by the candidate can demonstrate their ability to think creatively and strategically.
The candidate's communication sk...
(1 Question)
- Q1. Questions were asked regarding Marsh McLennan's business model, as well as more technical inquiries related to macroeconomic analysis and country risk analysis
Selected
(2 Questions)
- Q1. What have you been working on lately
- Ans.
I have been working on analyzing market trends and creating financial models for upcoming projects.
Analyzing market trends to identify potential opportunities
Creating financial models to forecast revenue and expenses
Collaborating with team members to develop strategies for upcoming projects
- Q2. How did u resolve any technical problems at work
- Ans.
I resolved technical problems by analyzing the root cause, collaborating with team members, and implementing effective solutions.
Identified the root cause of the technical problem
Collaborated with team members to brainstorm potential solutions
Implemented effective solutions and tested them to ensure they resolved the issue
(2 Questions)
- Q1. What is risk in insurance
- Ans.
Risk in insurance refers to the likelihood of a loss or damage occurring, leading to financial consequences for the insurer.
Risk is the uncertainty of an event happening that could result in a financial loss for the insurer.
Insurance companies assess risks based on factors such as the insured's age, health, occupation, and lifestyle.
Examples of risks in insurance include natural disasters, accidents, illnesses, and the...
- Q2. Who should buy a insurance
- Ans.
Anyone who wants to protect themselves financially from unexpected events should consider buying insurance.
Individuals with dependents who rely on their income
Homeowners who want to protect their property from damage
Drivers who want to protect themselves from liability in case of accidents
Business owners who want to protect their assets and employees
Travelers who want coverage for medical emergencies or trip cancellati...
Selected
I appeared for an interview in Oct 2024.
Basics js question was there
(1 Question)
- Q1. Scenario based questions
(1 Question)
- Q1. Basic hr questions
Selected
What you do if batch fails in production
(2 Questions)
- Q1. What is constraint
- Ans.
A constraint is a limitation or restriction that must be followed in order to achieve a certain goal or outcome.
Constraints can be related to time, resources, budget, or technical limitations.
For example, a project may have a constraint that it must be completed within a certain timeframe.
Constraints help define the boundaries within which a project or task must operate.
Failure to adhere to constraints can result in de...
- Q2. What is joins in oracle
- Ans.
Joins in Oracle are used to combine rows from two or more tables based on a related column between them.
Joins are used to retrieve data from multiple tables based on a related column
Types of joins include INNER JOIN, LEFT JOIN, RIGHT JOIN, and FULL JOIN
Example: SELECT * FROM table1 INNER JOIN table2 ON table1.column = table2.column
Skills evaluated in this interview
I appeared for an interview in Apr 2024.
Assignment had basic questions based on machine learning concepts,SQL concepts etc only 13 questions in 15 min
(4 Questions)
- Q1. What is catastrophe modelling?
- Ans.
Catastrophe modeling is the process of using computer simulations to estimate the potential losses that could be incurred from natural disasters.
Catastrophe modeling helps insurance companies and other organizations assess and manage their risk exposure to natural disasters such as hurricanes, earthquakes, and floods.
It involves analyzing data on historical events, geographical factors, and building structures to predi...
- Q2. What is catastrophe?
- Ans.
Catastrophe refers to a sudden and widespread disaster causing significant damage or loss.
Catastrophes can include natural disasters such as hurricanes, earthquakes, and wildfires.
Man-made disasters like terrorist attacks or industrial accidents can also be considered catastrophes.
The impact of a catastrophe is often severe, leading to loss of life, property damage, and disruption of communities.
- Q3. Questions related to my graduation.. academic questions
- Q4. What is most frequent catastrophe India?
- Ans.
Floods are the most frequent catastrophe in India due to monsoon rains and poor infrastructure.
Monsoon floods affect millions of people every year
Lack of proper drainage systems exacerbates flooding
Coastal areas are prone to cyclones and storm surges
Urban areas often face waterlogging during heavy rains
Selected
I applied via Company Website
(1 Question)
- Q1. 1. Basic details
(2 Questions)
- Q1. Basic insurance details
- Q2. 2.Company business
Interview Preparation Tips
(1 Question)
- Q1. Could you provide details about your experience?
Interview Preparation Tips
(2 Questions)
- Q1. Khvkh h khvjhv khgjhfdk,hv ?
- Q2. Vbkvkjvh vo8utgou iugou ugo///?
Interview Preparation Tips
Selected
I appeared for an interview in Nov 2024, where I was asked the following questions.
- Q1. What are your long-term career goals?
- Q2. What are your strengths and weaknesses
- Q3. Tell me about yourself/your work experience
- Q4. What’s your current salary?
(2 Questions)
- Q1. Why do you want to Join
- Ans.
I am impressed by your organization's innovative projects and collaborative work culture.
I admire the organization's commitment to cutting-edge technology and continuous improvement.
I am excited about the opportunity to work with a talented team and contribute to impactful projects.
I value the organization's emphasis on collaboration and teamwork, which aligns with my own work style.
I believe that joining your organiza...
- Q2. Salary discussion
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Marsh McLennan Interview FAQs
The duration of Marsh McLennan interview process can vary, but typically it takes about less than 2 weeks to complete.
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Marsh McLennan Interviews By Designations
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Marsh McLennan Reviews and Ratings
based on 776 reviews
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11-18 Yrs
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8-9 Yrs
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6-7 Yrs
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Specialist
514
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|  ₹4 L/yr - ₹8.1 L/yr |
|
Senior Associate
393
salaries
| ₹3 L/yr - ₹6.6 L/yr |
|
Senior Analyst
310
salaries
| ₹2.4 L/yr - ₹6.5 L/yr |
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254
salaries
| ₹8.4 L/yr - ₹14 L/yr |
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Associate
215
salaries
| ₹1.8 L/yr - ₹4.2 L/yr |
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