Pros
This is within Mercer's Health and Benefits Consulting group. It's a decent place to start after graduation. Base pay can be pretty low, especially if you're not on the actuarial track and are a strategy consultant. However, pay is hourly and you are compensated for the long overtime you have to work, evening out pay to a decent living wage (pre-pandemic, during COVID OT was cut for all junior employees, yet middle management and senior leadership saw no pay cuts, pushing analysts to not be able to afford to live in NYC and not get compensated for work they did, but I digress) People are friendly, and it's a great learning opportunity. If you are lucky to get put under the right teams and people, your responsibilities can grow very quickly and you can get exposed to a lot.
Cons
The pay discrepancy between consultants on the actuarial track vs strategy is absurd, especially at the lower levels where the difference in responsibilities is actually minimal. Actuarial consultants also have near unlimited budgets for employee development for their tests, while generalists do not have the same opportunities to earn even relevant certifications on the company's dime. This is why attrition is so high on the general strategy consultants side. Also, with the exception of very senior principal/partner levels, promotions are based almost exclusively on tenure rather than performance, alienating higher performers when consistently low performers get promoted along with them. Also for a health benefits brokerage firm, the benefits packages are ironically pretty terrible.