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

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Finance & Accounting Customer Success, Service & Operations Data Science & Analytics BFSI, Investments & Trading + 4 more

Designation	Avg Annual Salary	Open Jobs
Insurance Associate 4 - 9 years exp. · Mumbai (9 salaries)	₹3.8 L/yr - ₹6 L/yr
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Deputy Manager 5 - 12 years exp. · Mumbai (6 salaries)	₹20 L/yr - ₹28 L/yr
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Financial Analyst 3 - 6 years exp. · Mumbai (6 salaries)	₹5 L/yr - ₹10 L/yr
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Analyst 1 - 4 years exp. · Mumbai (5 salaries)	₹6.6 L/yr - ₹13 L/yr
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Senior Consultant 7 - 14 years exp. · Mumbai (5 salaries)	₹24 L/yr - ₹27.1 L/yr
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Research Analyst 4 - 7 years exp. · Mumbai (3 salaries)	₹9.5 L/yr - ₹10.9 L/yr
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Senior Lead Consultant 8 - 13 years exp. · Mumbai (3 salaries)	₹25 L/yr - ₹39 L/yr
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Software Asset Management Analyst 3 - 5 years exp. · Mumbai (3 salaries)	₹8.5 L/yr - ₹10.8 L/yr
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Corporate Credit Analyst 4 - 6 years exp. · Mumbai (3 salaries)	₹9 L/yr - ₹13 L/yr
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Insurance Analyst 3 - 8 years exp. · Mumbai (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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Senior Data Engineer 10 - 11 years exp. · Mumbai (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr
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Assistant Manager Finance 7 - 10 years exp. · Mumbai (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
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Senior Research Analyst 4 - 5 years exp. · Mumbai (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
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Team Manager Operations 12 - 13 years exp. · Mumbai (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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Data Analyst 4 - 6 years exp. · Mumbai (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
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Consulting Manager 9 - 11 years exp. · Mumbai (AmbitionBox Estimate)	₹30.7 L/yr - ₹39.2 L/yr
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Accounts Associate 0 - 6 years exp. · Mumbai (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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Business Analyst 4 - 7 years exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Assistant Talent Management Manager 11 - 13 years exp. · Mumbai (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
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Investment Data Analyst 0 - 1 year exp. · Mumbai (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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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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Salary related reviews for M&G PLC

3.2

Rated by 11 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
Deputy Manager	₹20 Lakhs to ₹28 Lakhs per year
Financial Analyst	₹5 Lakhs to ₹10 Lakhs per year
Analyst	₹6.6 Lakhs to ₹13 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 123 salaries submitted by M&G PLC employees. M&G PLC is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.

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