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Enterprise · IB Analyst Interview Guide

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. 1

    Round 1

    Recruiter Screen
    Motivation, fit, GPA, deal interest.
  2. 2

    Round 2

    Technical Screen
    Accounting, valuation (DCF, comps, precedent transactions), enterprise vs equity value.
  3. 3

    Round 3

    Market Knowledge
    Recent deals, market events, sector outlook, why this firm.
  4. 4

    Round 4

    Superday
    Multiple back-to-back interviews with MDs/VPs covering technical + behavioral + fit.
  5. 5

    Round 5

    Behavioral / Leadership
    Past 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:

  • Listing generic strengths like 'good people' or 'strong brand' without specifics.
  • Using incorrect multiples or not normalizing for differences.
  • Giving a generic answer about 'loving finance' without specific connection to Marsh's business.
  • Blaming the other party or portraying them negatively.

Test Yourself: Real Marsh Questions

Three real prompts pulled from our database.

Type · Motivation

Why are you interested in investment banking, and specifically at Marsh?

Type · Firm Knowledge

What is Marsh's position in the market, and what are its key competitive advantages?

Type · Influence

Describe a time you had to persuade someone to see things your way. What was your approach?

+ many more questions, signals, and worked examples

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Marsh Interview Question Bank

A sample from our database, grouped by round. Sign up to see the full set.

9 of 19 questions shown

1

Recruiter Screen

1
  1. 1

    Type · Motivation

    Why are you interested in investment banking, and specifically at Marsh?
2

Technical Screen

3
  1. 2

    Type · Valuation

    Walk me through a DCF analysis.
  2. 3

    Type · Valuation

    How do you value a company using comparable company analysis?
  3. + 1 more questions in this round (sign up to unlock)
3

Market Knowledge

3
  1. 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?
  2. 5

    Type · Market Trends

    How do you see the current macroeconomic environment impacting deal flow and valuations in the financial services industry?
  3. + 1 more questions in this round (sign up to unlock)
4

Superday

3
  1. 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?
  2. 7

    Type · Technical

    How would you adjust financial statements for a company undergoing a significant restructuring or undergoing a one-time event?
  3. + 1 more questions in this round (sign up to unlock)
5

Behavioral / Leadership

9
  1. 8

    Type · Conflict Resolution

    Tell me about a time you had a significant disagreement with a stakeholder (e.g., engineering lead, sales director, legal counsel) about a product decision. How did you approach the situation, and what was the outcome?
  2. 9

    Type · Ownership

    Tell me about a time you took ownership of a challenging situation or project that was outside your direct responsibilities. What was the outcome?
  3. + 7 more questions in this round (sign up to unlock)

Unlock the full Marsh question bank

Free signup, no credit card. You get every question + the framework, grading signals, and worked answer for each.

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Interview tracks at Marsh

How Marsh's DNA translates across functions. Pick your role.

For roles requiring analytical rigor, Marsh seeks candidates with strong financial modeling skills, an understanding of corporate risk profiles, and the ability to analyze complex insurance and risk transfer solutions. Expect questions on financial impact of risk.

Motivation

Why are you interested in investment banking, and specifically at Marsh?

Firm Knowledge

What is Marsh's position in the market, and what are its key competitive advantages?

+ 1 more

Unlock the IB Analyst grading rubric for Marsh

See full IB Analyst guide

Compare Marsh with similar employers

Same DNA, different bar. Browse the closest companies in our database and see how their loops differ.

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