Marsh India Insurance Brokers Assistant Vice President Salaries by 50+ Employees (Updated 2024)

7 - 14 years exp.

₹12.7 Lakhs - ₹28.8 Lakhs

Salary of majority employees

30% less than the average Assistant Vice President Salary in Insurance Companies for 7 - 14 years of experience

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Last Updated: 17 Dec 2024

Companies similar to Marsh India Insurance Brokers for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
Willis Towers Watson Assistant Vice President Salary 12 - 21 years exp. (18 salaries)	₹12.9 L/yr - ₹26.5 L/yr At par
Bajaj Allianz General Insurance Assistant Vice President Salary 13 - 20 years exp. (10 salaries)	₹20.1 L/yr - ₹52 L/yr 74% more	1 job opening
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ICICI Lombard General Insurance Company Assistant Vice President Salary 2 - 18 years exp. (20 salaries)	₹14.2 L/yr - ₹39.5 L/yr 15% more
HDFC Ergo General Insurance Assistant Vice President Salary 10 - 21 years exp. (210 salaries)	₹9.6 L/yr - ₹35 L/yr 1% more
Reliance General Insurance Assistant Vice President Salary 15 - 20 years exp. (17 salaries)	₹13.7 L/yr - ₹38 L/yr 5% more
Future Generali India Life Insurance Assistant Vice President Salary 11 - 22 years exp. (35 salaries)	₹15 L/yr - ₹30 L/yr 13% more
Aegon Life Insurance Assistant Vice President Salary 8 - 20 years exp. (22 salaries)	₹11.8 L/yr - ₹25 L/yr 4% less
Liberty General Insurance Assistant Vice President Salary 12 - 18 years exp. (4 salaries)	₹20.2 L/yr - ₹27 L/yr 13% more
Universal Sompo General Insurance Assistant Vice President Salary 17 - 21 years exp. (6 salaries)	₹17.2 L/yr - ₹28.5 L/yr 9% more

Assistant Vice President salary at Marsh India Insurance Brokers ranges between ₹12.7 Lakhs to ₹28.8 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 50 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers Assistant Vice President salaries

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
7 years (8 salaries)	₹15.2 L/yr - ₹28 L/yr
8 years (10 salaries)	₹12.7 L/yr - ₹26 L/yr
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9 years (4 salaries)	₹15 L/yr - ₹28.8 L/yr
10 years (8 salaries)	₹15.4 L/yr - ₹25 L/yr
11 years (5 salaries)	₹19 L/yr - ₹27 L/yr
12 years (6 salaries)	₹15.6 L/yr - ₹25 L/yr
13 years (6 salaries)	₹17 L/yr - ₹23 L/yr
14 years (3 salaries)	₹18.6 L/yr - ₹28.5 L/yr

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From

Assistant Vice President

7 - 14 years exp.

Vice President

10 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Salary related reviews for Marsh India Insurance Brokers

2.8

Rated by 5 employees for salary & benefits

Assistant Vice President in Gurgaon / Gurugram

Marketing & Communication Department

3.0

• posted on 25 Sep 2019

2.0

for Salary and Benefits

Likes

The salary compensation is made unnecessarily complex and vague. You will get 70% of what they commit. Retention will take 50% of your annual bonus, they pay you when they realise from the partners & the mechanism of recovery is poor.

Dislikes

Pay structure Work life balance

Senior Executive Operations in Chennai

Full Time

Administration & Facilities Department

4.0

• posted on 23 Apr 2022

4.0

for Salary and Benefits

Likes

...bout work what we going to do but more than that we can't able to get knowledge. Marsh is for timely salary which mainly we need and yearly appraisal for either posting or increments, all credits goes to the Management. Nothing you will get delay after resignation also, HR management and operations manager may help you the best. Thanks for the best opportunities I had in Marsh through randstand.

Dislikes

Nothing to share about dislikes

Senior Manager in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 18 Feb 2024

4.0

for Salary and Benefits

Likes

It's a nice place to work with a good company culture and balanced work-life.

Dislikes

Growth opportunities are limited in my role and people who are working in Sales or client relationship roles are preferred for promotions.

Process Leader in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 14 Oct 2023

2.0

for Salary and Benefits

Likes

Work life balance. Employee engagement. Flexible working hours. Great infrastructure,

Dislikes

Extreme politics at the higher level and disproportionate hierarchical structure, least opportunities for career growth and lesser growth percentage in monetary Benefits.

Processing Manager in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 19 Oct 2023

4.0

for Salary and Benefits

Likes

Marsh is a leading broker, and provide good employee benefits, nice work culture, hybrid work style. Good Manegement.

Dislikes

I am working in Marsh last 5yr but the increment & pramotion not done as per my acceptance.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Marsh India Insurance Brokers Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Marsh India Insurance Brokers?

Assistant Vice President salary at Marsh India Insurance Brokers in India ranges between ₹12.7 Lakhs to ₹28.8 Lakhs for experience between 7 years to 14 years. According to our estimates it is 30% less than the average Assistant Vice President Salary in India. Salary estimates are based on 50 latest salaries received from various employees of Marsh India Insurance Brokers India.

How does the salary of a Assistant Vice President at Marsh India Insurance Brokers India compare with the average salary range for this job?

The average salary of a Assistant Vice President at Marsh India Insurance Brokers is 30% less than the average salary of a Assistant Vice President in India. To know exact salary insights, login to view.

Which similar companies are paying more than Marsh India Insurance Brokers to a Assistant Vice President in India?

Bajaj Allianz General Insurance Assistant Vice President Salary - ₹20.1 Lakhs to ₹52.0 Lakhs per year
ICICI Lombard General Insurance Company Assistant Vice President Salary - ₹14.2 Lakhs to ₹39.5 Lakhs per year
Liberty General Insurance Assistant Vice President Salary - ₹20.2 Lakhs to ₹27.0 Lakhs per year
Future Generali India Life Insurance Assistant Vice President Salary - ₹15.0 Lakhs to ₹30.0 Lakhs per year
Universal Sompo General Insurance Assistant Vice President Salary - ₹17.2 Lakhs to ₹28.5 Lakhs per year

What is the salary of a Assistant Vice President in companies similar to Marsh India Insurance Brokers in India?

Reliance General Insurance Assistant Vice President Salary - ₹13.7 Lakhs to ₹38.0 Lakhs per year
HDFC Ergo General Insurance Assistant Vice President Salary - ₹9.6 Lakhs to ₹35.0 Lakhs per year
Willis Towers Watson Assistant Vice President Salary - ₹12.9 Lakhs to ₹26.5 Lakhs per year
Aegon Life Insurance Assistant Vice President Salary - ₹11.8 Lakhs to ₹25.0 Lakhs per year

What is the estimated take home salary of a Assistant Vice President at Marsh India Insurance Brokers in India?

The estimated take-home salary of a Assistant Vice President at Marsh India Insurance Brokers ranges between ₹1,34,350 per month to ₹1,39,288 per month in India. The take-home salary calculation is based on the average Marsh India Insurance Brokers Assistant Vice President salary in India which ranges between ₹12.7 Lakhs to ₹28.8 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President at Marsh India Insurance Brokers?

According to AmbitionBox, 75% of the Marsh India Insurance Brokers Assistant Vice Presidents reported a notice period of 3 Months, 19% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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Marsh India Insurance Brokers Assistant Vice President Salaries

Marsh India Insurance Brokers Assistant Vice President salary in India ranges between ₹12.7 Lakhs to ₹28.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.