Guy Carpenter Associate Salaries by 5 Employees

0 - 2 years exp.

₹2 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

53% less than the average Associate Salary in Insurance Companies for 0 - 2 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Guy Carpenter for Associate

Company name	Avg Annual Salary	Open Jobs
Allstate Associate Salary 0 - 4 years exp. (404 salaries)	₹2.1 L/yr - ₹5.5 L/yr 2% less	2 job openings
ICICI Prudential Life Insurance Associate Salary 0 - 6 years exp. (281 salaries)	₹1.7 L/yr - ₹4.3 L/yr 7% less
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SBI Life Insurance Company Associate Salary 1 - 6 years exp. (237 salaries)	₹1 L/yr - ₹4.5 L/yr 29% less
AXA Business Services Associate Salary 0 - 4 years exp. (228 salaries)	₹1.7 L/yr - ₹6 L/yr 4% more
HDFC Life Associate Salary 0 - 3 years exp. (224 salaries)	₹1.1 L/yr - ₹3.3 L/yr 42% less
HDFC Ergo General Insurance Associate Salary 1 - 8 years exp. (207 salaries)	₹1.8 L/yr - ₹5.2 L/yr 5% more
Tata AIG Associate Salary 0 - 5 years exp. (101 salaries)	₹1.7 L/yr - ₹3.5 L/yr 37% less
MetLife Associate Salary 0 - 4 years exp. (87 salaries)	₹1.8 L/yr - ₹5.9 L/yr 4% more
ICICI Lombard General Insurance Company Associate Salary 0 - 6 years exp. (77 salaries)	₹0.7 L/yr - ₹3.6 L/yr 30% less
First American Corporation Associate Salary 0 - 4 years exp. (42 salaries)	₹1.8 L/yr - ₹3.6 L/yr 33% less
Kotak Mahindara Life Insurance Associate Salary 0 - 5 years exp. (40 salaries)	₹1.3 L/yr - ₹3 L/yr 38% less
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Axis Max Life Insurance Associate Salary 0 - 5 years exp. (35 salaries)	₹2 L/yr - ₹4.3 L/yr 13% less
Gallagher Associate Salary 0 - 3 years exp. (33 salaries)	₹2 L/yr - ₹5.5 L/yr 17% less
Aditya Birla Sun Life Insurance Associate Salary 1 - 5 years exp. (16 salaries)	₹1.7 L/yr - ₹4 L/yr 18% less
Tata AIA Life Insurance Associate Salary 1 - 6 years exp. (10 salaries)	₹1.3 L/yr - ₹4.4 L/yr 13% less
PNB MetLife Associate Salary 0 - 5 years exp. (7 salaries)	₹1.1 L/yr - ₹4.3 L/yr 25% less
Vidal Health Tpa Associate Salary 0 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹6 L/yr 21% less
Niva Bupa Health Insurance Company Associate Salary 1 - 5 years exp. (5 salaries)	₹3.2 L/yr - ₹5.5 L/yr 8% more
Star Health & Allied Insurance Associate Salary 0 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 50% less
Reliance Nippon Life Insurance Associate Salary 2 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹7 L/yr 9% more

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Associate salary at Guy Carpenter ranges between ₹2 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Guy Carpenter.

Experience wise Guy Carpenter Associate salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr

Similar Designation salaries in Guy Carpenter

Senior Associate Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Technical Lead Salary

(6 salaries)

₹8.2 L/yr - ₹9.03 L/yr

Salary related reviews for Guy Carpenter

Reinsurance Technician in Seattle

Full Time

Other Department

3.0

• posted on 17 Feb 2023

3.0

for Salary and Benefits

Likes

I enjoy learning the reinsurance industry and getting exposure to all different types of claims. It’s nice to work directly with clients as opposed to dealing with customers like you would in primary insurance. Apart from renewal season, workload is generally pretty manageable

Work-life balance - Good

Dislikes

... long learning curve and frustration amongst clients and brokers internally. Pay also appears to be below industry standard/average compared to competitors

Promotions - Poor

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Guy Carpenter Associate Salary FAQs

What is the salary of Associate at Guy Carpenter ?

The average salary of a Associate at Guy Carpenter in India typically ranges from ₹2.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Associate at Guy Carpenter earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Associate Salaries at Guy Carpenter can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Guy Carpenter employees in India.

What is the estimated take home salary of a Associate at Guy Carpenter in India?

The estimated take-home salary of a Associate at Guy Carpenter in India typically ranges from ₹26,425 to ₹27,843 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Guy Carpenter. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Guy Carpenter for Associate in India?

Reliance Nippon Life Insurance	₹1.8 Lakhs to ₹7.0 Lakhs per year
Niva Bupa Health Insurance Company	₹3.2 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance	₹1.8 Lakhs to ₹5.2 Lakhs per year
AXA Business Services	₹1.7 Lakhs to ₹6.0 Lakhs per year
MetLife	₹1.8 Lakhs to ₹5.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Guy Carpenter, depending on the role and experience level.

What is the salary of a Associate in companies similar to Guy Carpenter in India?

The salary of a Associate at companies similar to Guy Carpenter in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹4.1 Lakhs per year
Allstate	₹2.1 Lakhs to ₹5.5 Lakhs per year
ICICI Prudential Life Insurance	₹1.7 Lakhs to ₹4.3 Lakhs per year
Tata AIA Life Insurance	₹1.3 Lakhs to ₹4.4 Lakhs per year
Axis Max Life Insurance	₹2.0 Lakhs to ₹4.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Associate at Guy Carpenter in India?

The salary growth for a Associate at Guy Carpenter depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at Guy Carpenter:

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.3 Lakhs per year
1 year	₹3.1 Lakhs to ₹3.9 Lakhs per year
2 years	₹4.9 Lakhs to ₹6.2 Lakhs per year

and so on.

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Guy Carpenter Associate Salaries

Guy Carpenter Associate salary in India ranges between ₹2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Guy Carpenter latest salaries received from various employees of Guy Carpenter.

Guy Carpenter Associate salaries in India