Type · Motivation
Why are you interested in investment banking, and specifically at Marsh?
Enterprise · IB Analyst Interview Guide
Sign up to see ATSHeadquartered in United StatesInterview language: English
How to Pass the Marsh IB Analyst Interview in 2026
The Marsh DNA (TL;DR)
Marsh values candidates demonstrating strong analytical skills, a deep understanding of risk management principles, and the ability to build and maintain client relationships. They look for practical problem-solving in complex insurance scenarios and a collaborative approach.
The Marsh Interview Loop
Your onsite loop will typically consist of 4 rounds.
- 1
Round 1
Recruiter ScreenMotivation, fit, GPA, deal interest. - 2
Round 2
Technical ScreenAccounting, valuation (DCF, comps, precedent transactions), enterprise vs equity value. - 3
Round 3
Market KnowledgeRecent deals, market events, sector outlook, why this firm. - 4
Round 4
SuperdayMultiple back-to-back interviews with MDs/VPs covering technical + behavioral + fit. - 5
Round 5
Behavioral / LeadershipPast evidence of ownership, influence, resolving conflict.
The Danger Zone: Top Reasons Candidates Fail
Based on our database of Marsh interview outcomes, avoid these common traps:
- Failing to discuss both opportunities and risks presented by the environment.
- Not accounting for minority interest or preferred stock.
- Focusing solely on compensation or prestige without demonstrating genuine interest in the work.
- Neglecting the urgency required when a client deliverable is at stake
Test Yourself: Real Marsh Questions
Three real prompts pulled from our database.
Type · Market Trends
What are some of the most significant recent M&A transactions in the financial services or insurance sector, and what were the key drivers?
Type · Technical
How would you adjust financial statements for a company undergoing a significant restructuring or undergoing a one-time event?
+ many more questions, signals, and worked examples
Sign up to unlock the full Marsh grading rubric
Marsh Interview Question Bank
A sample from our database, grouped by round. Sign up to see the full set.
9 of 13 questions shown
1
Recruiter Screen
1- 1
Type · Motivation
Why are you interested in investment banking, and specifically at Marsh?
2
Technical Screen
3- 2
Type · Valuation
Walk me through a DCF analysis. - 3
Type · Valuation
How do you value a company using comparable company analysis? - + 1 more questions in this round (sign up to unlock)
3
Market Knowledge
3- 4
Type · Market Trends
What are some of the most significant recent M&A transactions in the financial services or insurance sector, and what were the key drivers? - 5
Type · Market Trends
How do you see the current macroeconomic environment impacting deal flow and valuations in the financial services industry? - + 1 more questions in this round (sign up to unlock)
4
Superday
3- 6
Type · Technical
Imagine a company is considering acquiring another. What are the key financial metrics you would analyze to assess the target's attractiveness? - 7
Type · Technical
How would you adjust financial statements for a company undergoing a significant restructuring or undergoing a one-time event? - + 1 more questions in this round (sign up to unlock)
5
Behavioral / Leadership
3- 8
Type · Ownership
Marsh often manages complex risk portfolios where data discrepancies can lead to significant coverage gaps. Describe a time you identified a flaw in a data set or a model output that was already being used for a client deliverable. How did you verify the error and ensure the final output met our standards before the client review? - 9
Type · Influence
Describe a time you had to persuade someone to see things your way. What was your approach? - + 1 more questions in this round (sign up to unlock)
Unlock all 13 Marsh questions, free
No credit card. Every question with its framework, the grading signals interviewers score against, and a worked answer for each.
Interview tracks at Marsh
How Marsh's DNA translates across functions. Pick your role.
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Practice Marsh interviews end-to-end
Marsh Mock Interview
Run a live mock interview with our AI interviewer using Marsh-style prompts. Get scored on structure, signal, and answer length - exactly how the real loop grades you.
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STAR Stories for Marsh Behavioral Rounds
Build a Story Bank of your past wins, mapped to the leadership signals Marsh interviewers grade on. Reuse them across every behavioral round.
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Marsh Interview Prep Hub
The frameworks behind every Marsh round: CIRCLES for product sense, hypothesis-driven debugging for analytical, STAR for behavioral. Learn each one in 10 minutes.
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Interview Frameworks
CIRCLES, STAR, AARRR, RICE, MECE. The exact frameworks that make Marsh interviewers nod instead of frown. Step-by-step playbooks with the moves and the pitfalls.
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Sample answers
What a strong answer to these Marsh interview questions shows.
Why are you interested in investment banking, and specifically at Marsh?
A strong answer shows: Genuine interest in Marsh's specific industry focus or client base.; Understanding of the IB analyst role and its demands..
What are some of the most significant recent M&A transactions in the financial services or insurance sector, and what were the key drivers?
A strong answer shows: Awareness of current market activity.; Ability to analyze deal rationale and implications.; Understanding of Marsh's competitive landscape..
Frequently asked questions
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