📍
Berlin, Germany

NERA Internship - Paris, Berlin, Frankfurt

Internship
Professional Services
Consulting
Posted:
December 29, 2025

Marsh McLennan

Global risk, strategy and people consultancy
73.8
Palpable Score
Apply >view company >

Since 1961, NERA has been offering economic advice on the most important market and regulatory issues of everyday use. Our work has shaped industries, market structures and economic policies around the world. Thanks to our leading experts and extensive experience, we support the world's leading law firms, financial investors, companies, regulators and governments with in-depth analysis, reliable expert opinion and data-driven economic policy recommendations.



Our experience, integrity and commercial expertise mean our clients can rely on us to solve their biggest business and financial challenges.

We have rolling internship and working‑student opportunities across our European offices in the following business lines:

Antitrust & Competition Economics


Work on economic assessments of market power, quantify damages from cartels, and support merger reviews before the European Commission and other competition authorities. You’ll gain experience applying theory and empirical methods to high-profile cases.

Environment & Natural Resources


Contribute to market design and pricing for renewable and network infrastructure, regulatory economics and infrastructure financing analysis, and prepare or review expert reports for disputes and arbitration. Projects combine technical economics with real-world policy and investment questions.

Transfer Pricing & Tax


Support valuation of intellectual property and business entities, arm’s‑length pricing of cross-border transactions, and tax planning or controversy work for multinational clients. This team blends finance, economics and legal considerations in client engagements.


Responsibilities

As an intern at NERA you will contribute to real client work from day one. Typical responsibilities include:


Your Profile

You are inquisitive, analytically rigorous and keen to apply your academic training to impactful, real-world problems.  Key qualifications include:


We offer


How to apply

Please submit your CV, university transcripts and a cover letter. You should include your availability for the internship, and specify your interest in the business line(s) and office location.

About the company

Marsh McLennan

Company overview
Marsh McLennan is a professional services group focused on risk, strategy, and people. The company operates through four global businesses: Marsh (insurance broking and risk advisory), Guy Carpenter (reinsurance), Mercer (people consulting and benefits), and Oliver Wyman (management consulting). Marsh McLennan serves large and mid-sized organisations across industries, plus public-sector clients, helping with insurance placement, risk analytics, workforce and retirement solutions, and strategy projects. In the latest annual reporting, Marsh McLennan describes more than 90,000 colleagues advising clients across more than 130 countries.

Locations and presence

Marsh McLennan operates globally with major hubs including New York and London, plus large regional offices across North America, Europe, and Asia-Pacific. Hybrid expectations vary by team, but multiple early-career postings spell out an expectation of being in the local office or on-site with clients at least three days per week, with at least one shared in-office anchor day.

Palpable Score

73.8
/ 100
Marsh McLennan is a strong early-career option because the company offers several entry routes across the group, from Marsh graduate programmes to Guy Carpenter risk analyst tracks and Oliver Wyman internships. The biggest strengths are breadth of roles and structured learning language in multiple programmes, paired with stable benefits. The main limits are uneven public signals on candidate experience and outcomes, because Marsh McLennan does not publish conversion rates, retention, or time-to-promotion data for early-career cohorts.
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