In 2010, Marsh & McLennan Agency launched GROW, a women’s initiative which stands for Growth in Relationships & Opportunities for Women. Designed to address the historically male-dominated culture of the insurance industry, GROW aims to provide tools and resources to support women in the workplace and increase the number of women in leadership roles. In its inaugural year, GROW developed the mentoring program, pairing individuals in leadership with female associates aspiring to advance their careers through professional development.
At its core, the GROW Associate Mentoring Program was created to:
- Provide career enhancement through increased self-awareness, improved communication skills and a broadened understanding of the organization as a whole
- Provide a forum to exchange ideas and increase understanding of the different organizational divisions and specializations
- Develop leadership and decision-making skills
- Motivate and engage participants in order to increase job performance and satisfaction
In its fifth year, the program has produced significant results, providing mentoring opportunities for associates at various stages of their career. Both mentors and mentees report learning from one another and developing skills from the supportive relationships, with 84% of pairs having met their individual goals during the span of the program in 2014. The confidential nature of the relationship gives associates an opportunity to voice their concerns, overcome hurdles, and find solutions, resulting in refined interpersonal and professional skills and increased confidence. Pairing has been extremely successful, with 98% of last year’s participants continuing their mentoring relationship after the program ended.
One of the 2014 mentees, Daniela Posada, describes the benefits of the relationship she has built with her mentor, Principal Shawn Pynes: