M&G PLC Salaries by 100+ Employees (Updated 2025)

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Finance & Accounting Customer Success, Service & Operations Data Science & Analytics Project & Program Management + 6 more

Designation	Avg Annual Salary	Open Jobs
Insurance Associate 4 - 9 years exp. (11 salaries)	₹3.8 L/yr - ₹6 L/yr
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Analyst 1 - 4 years exp. (9 salaries)	₹6.6 L/yr - ₹15.5 L/yr
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Deputy Manager 5 - 12 years exp. (8 salaries)	₹19 L/yr - ₹28 L/yr
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Financial Analyst 3 - 6 years exp. (6 salaries)	₹5 L/yr - ₹10 L/yr
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Senior Consultant 7 - 14 years exp. (5 salaries)	₹24 L/yr - ₹27.1 L/yr
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Senior Data Engineer 3 - 11 years exp. (4 salaries)	₹11 L/yr - ₹22 L/yr
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Data Analyst 0 - 6 years exp. (4 salaries)	₹4 L/yr - ₹7.5 L/yr
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Digital Marketing Executive 2 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹5.4 L/yr
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Project Manager 12 - 16 years exp. (3 salaries)	₹14 L/yr - ₹23.3 L/yr
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PMO Analyst 5 - 9 years exp. (3 salaries)	₹6 L/yr - ₹14 L/yr
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Senior Associate 8 years exp. (3 salaries)	₹5 L/yr - ₹8.8 L/yr
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Research Analyst 4 - 7 years exp. (3 salaries)	₹9.5 L/yr - ₹10.9 L/yr
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Senior Lead Consultant 8 - 13 years exp. (3 salaries)	₹25 L/yr - ₹39 L/yr
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Digital Marketing Manager 6 - 8 years exp. (3 salaries)	₹7.2 L/yr - ₹8.4 L/yr
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Software Asset Management Analyst 3 - 5 years exp. (3 salaries)	₹8.5 L/yr - ₹10.8 L/yr
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Corporate Credit Analyst 4 - 6 years exp. (3 salaries)	₹9 L/yr - ₹13 L/yr
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Team Manager 10 - 15 years exp. (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
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Insurance Analyst 3 - 8 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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Business Manager 6 - 7 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
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Assistant Manager Finance 7 - 10 years exp. (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for M&G PLC

3.6

Rated by 16 employees for salary & benefits

Analysis in Mumbai

Full Time

Quality Assurance Department

2.0

• posted on 23 Mar 2023

3.0

for Salary and Benefits

Likes

They give good salary hike at a time of joining. Also work from home. Salary on time.

Work-life balance - Excellent

Dislikes

They don't have work flow continues. Then you should be work with other department. Less job security. If you have family / Home loan, then you should be strictly avoid this organization. You need to speek multiple stakeholders for get you own work, otherwise you will lose job. Also I got noticed, because I don't have work now.

Job security - Bad

+3 more

Insurance Associate in Mumbai

Customer Success, Service & Operations Department

1.0

• posted on 02 Oct 2022

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Horrible experience. Managers are bias .especially harjot singh .if you are under him life will turn hell .No worklife and personal life balance. Employees are forced to work on festivals. Leaves are sanctioned only for tenured employees.

Salary - Poor

+6 more

Process Leader Quality Auditor in Mumbai

Customer Success, Service & Operations Department

3.0

• posted on 20 Apr 2022

3.0

for Salary and Benefits

Likes

Job security is there but... There is complete mismanagement, they are taking work but they do know how to manage and get the work done as there is no proper planning and work is not equally distributed

Job security - Excellent

+1 more

Dislikes

Skill development - Poor
Work satisfaction - Poor

+2 more

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M&G PLC interview questions by designations

Associate (1)Senior Manager (1)Team Manager Operations (1)

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M&G PLC Salary FAQs

How much does M&G PLC pay to its employees?

The average annual salary at M&G PLC varies depending on the role, experience, and location. The salary ranges for some popular designations at M&G PLC, are as follows:

Insurance Associate	₹3.8 Lakhs to ₹6 Lakhs per year
Analyst	₹6.6 Lakhs to ₹15.5 Lakhs per year
Deputy Manager	₹19 Lakhs to ₹28 Lakhs per year
Financial Analyst	₹5 Lakhs to ₹10 Lakhs per year

The highest-paying role, Manager, earns between ₹26 Lakhs to ₹37 Lakhs per year. The top 10% of employees earn more than ₹30 Lakhs per year, and the top 1% earn over ₹48.2 Lakhs per year. Salaries at M&G PLC 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 salary estimates are based on data from 186 salaries submitted by M&G PLC employees. M&G PLC is rated 3.6 out of 5 stars by its employees on the salary and benefits parameter.

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M&G PLC Salaries by Location

Average annual salary in M&G PLC is INR . Salary estimates are based on 100+ M&G PLC latest salaries received from various employees of M&G PLC.