Marsh & McLennan Companies

Company:

NERA

Description:

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:

• Collaborating closely with consulting teams on projects spanning competition economics, energy markets or transfer‑pricing.
• Support the design and delivery of studies, expert reports and client presentations, from problem definition to analysis and documentation
• Conduct company, industry and market research and synthesise findings into clear written reports and presentations
• Build and apply quantitative models and evidence-based argumentation using economic theory and empirical methods
• Clean, analyse and visualise data using statistical software
• Present results to colleagues, and contribute to client-facing materials under senior guidance.

Your Profile

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

• Studying towards your university degree or postgraduate qualification in Economics and/or Finance
• Strong quantitative and problem-solving skills; you should be comfortable with microeconomics and industrial organisation concepts
• A strong interest in economic research or data analysis
• Excellent written and spoken English; fluency in German or Italian (for Berlin) and French (for Paris)
• Intellectual curiosity, critical thinking, accuracy, reliability and a solution-oriented mindset
• Proficiency in MS Office and experience with statistical tools (Stata, R, Python, etc.) would be a plus
• A collaborative mindset, motivated and able to manage responsibilities in small, fast-moving project teams.

We offer

• Hands‑on exposure to high‑profile cases and cross‑border collaboration
• A supportive, dynamic working environment with flat hierarchies and strong mentoring
• You’ll work in small project teams and be involved in all project stages.
• Flexibility in terms of Internship duration, from 10 weeks to 12 months
• Competitive remuneration
• A personal buddy and manager will guide your onboarding and development
• The opportunity to put your economics and finance knowledge into practice

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.

#NERA

For more information about NERA visit www.nera.com.

For any questions about your application, email nerarecruitment@nera.com.

NERA’s clients value our ability to apply and communicate state-of-the-art approaches clearly and convincingly, our commitment to delivering unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists, backed by the resources and reliability of one of the world’s largest economic consultancies. NERA serves clients from more than 25 offices across North America, Europe, and Asia Pacific. NERA provides an environment in which dedication to client and project success, individual professional development, and fun are at the forefront. The work environment is collegial, and there are numerous opportunities to learn and connect with staff at all levels.

Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.

Since 1961, NERA (https://www.nera.com) has provided unparalleled guidance on the most important market, legal, and regulatory questions of the day. Our work has shaped industries and policy around the world. Our field-leading experts and deep experience allow us to provide rigorous analysis, reliable expert testimony, and data-powered policy recommendations for the world’s leading law firms and corporations as well as regulators and governments. Our experience, integrity, and economic ingenuity mean clients can depend on us in the face of their biggest economic and financial challenges.

Marsh McLennan 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.

Marsh McLennan 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 McLennan 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.