Upload Button Icon Add office photos
filter salariesFilter salaries by

Marsh India Insurance Brokers Associate salaries in India

Annual salary range
0 - 6 years exp.
₹2.4 Lakhs - ₹4.4 Lakhs
Salary of majority employees
unlock blur
unlock blur

55% less than the average Associate Salary in Insurance Companies for 0 - 6 years of experience

Interested in this particular role?

Last Updated: 7 Mar 2023

Companies similar to Marsh India Insurance Brokers for Associate

Company name Avg Annual Salary Open Jobs
Logo
Aon Associate Salary

0 - 4 years exp. (11 salaries)

unlock blur

₹1.8 L/yr - ₹8.8 L/yr

arrow icon 27% more
Logo
Willis Towers Watson Associate Salary

0 - 6 years exp. (93 salaries)

unlock blur

₹2 L/yr - ₹6 L/yr

arrow icon 7% more
unlock blur

₹2.6 L/yr - ₹4.4 L/yr

arrow icon 1% less
unlock blur

₹2 L/yr - ₹3 L/yr

arrow icon 22% less
unlock blur

₹0.7 L/yr - ₹3.6 L/yr

arrow icon 26% less
Logo
HDFC Ergo General Insurance Associate Salary

1 - 8 years exp. (205 salaries)

unlock blur

₹1.8 L/yr - ₹5.2 L/yr

arrow icon 10% more
Logo
The New India Assurance Co. Associate Salary

1 - 3 years exp. (3 salaries)

unlock blur

₹2.3 L/yr - ₹8.5 L/yr

arrow icon 89% more
Logo
Tata AIG Associate Salary

0 - 6 years exp. (105 salaries)

unlock blur

₹1.7 L/yr - ₹3.5 L/yr

arrow icon 30% less
Logo
Reliance General Insurance Associate Salary

1 - 7 years exp. (11 salaries)

unlock blur

₹2 L/yr - ₹6.5 L/yr

arrow icon 8% more
Logo
AXA Business Services Associate Salary

0 - 4 years exp. (228 salaries)

unlock blur

₹1.7 L/yr - ₹6 L/yr

arrow icon 8% more
Logo
Digit Insurance Associate Salary

1 - 10 years exp. (154 salaries)

unlock blur

₹3 L/yr - ₹6.4 L/yr

arrow icon 36% more
2 job openings
Logo
MetLife Associate Salary

0 - 5 years exp. (89 salaries)

unlock blur

₹1.8 L/yr - ₹6.2 L/yr

arrow icon 13% more
unlock blur

₹1.5 L/yr - ₹4.2 L/yr

arrow icon 24% less
unlock blur

₹1.8 L/yr - ₹4 L/yr

arrow icon 13% less
Logo
Medi Assist India Associate Salary

1 - 4 years exp. (22 salaries)

unlock blur

₹1.7 L/yr - ₹4.2 L/yr

arrow icon 19% less
Logo
Bharti AXA Life Insurance Associate Salary

2 - 6 years exp. (20 salaries)

unlock blur

₹1.4 L/yr - ₹3.7 L/yr

arrow icon 5% less
unlock blur

₹1.5 L/yr - ₹2.9 L/yr

arrow icon 28% less
Logo
Ageas Federal Life Insurance Associate Salary

0 - 11 years exp. (9 salaries)

unlock blur

₹2 L/yr - ₹3.9 L/yr

arrow icon 11% less
Logo
Edelweiss Life Insurance Associate Salary

0 - 11 years exp. (8 salaries)

unlock blur

₹2 L/yr - ₹7 L/yr

arrow icon 20% more
Logo
Allianz Services Associate Salary

1 - 3 years exp. (10 salaries)

unlock blur

₹2.5 L/yr - ₹3.7 L/yr

arrow icon 1% less
View all
Associate salary at Marsh India Insurance Brokers ranges between ₹2.4 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Marsh India Insurance Brokers.

Latest annual salaries shared by Marsh India Insurance Brokers Associate

1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
2 years exp.

Experience wise Marsh India Insurance Brokers Associate salaries

Last Updated: 7 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹2.7 L/yr - ₹5.2 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹1.2 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹2.4 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹3.2 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in Marsh India Insurance Brokers

unlock blur
₹2.9 L/yr - ₹7.5 L/yr
Team Lead Salary
(4 salaries)
unlock blur
₹6 L/yr - ₹12 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
unlock blur
₹6 L/yr - ₹7.7 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹8.7 L/yr - ₹11.2 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
unlock blur
₹14.9 L/yr - ₹19 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹22.3 L/yr - ₹28.5 L/yr
Software Developer Salary
(AmbitionBox Estimate)
unlock blur
₹4.5 L/yr - ₹5.8 L/yr
unlock blur
₹9 L/yr - ₹24.8 L/yr

Salary related reviews for Marsh India Insurance Brokers

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.

read more
  • Salary - Good
  • +5 more

Dislikes

Nothing to share about dislikes

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Pay structure Work life balance

  • Salary - Poor
  • +1 more

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.

  • Salary - Good
  • +3 more

Dislikes

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

read more

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,

  • Job security - Excellent
  • +2 more

Dislikes

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

read more
  • Salary - Poor
  • +2 more

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.

  • Salary - Good
  • +6 more

Dislikes

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Marsh India Insurance Brokers Associate Salary FAQs

What is the salary of Associate at Marsh India Insurance Brokers ?
The average salary of a Associate at Marsh India Insurance Brokers in India typically ranges from ₹2.4 Lakhs to ₹4.4 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Associate at Marsh India Insurance Brokers earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Associate Salaries at Marsh India Insurance Brokers 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 Marsh India Insurance Brokers employees in India.
What is the estimated take home salary of a Associate at Marsh India Insurance Brokers in India?
The estimated take-home salary of a Associate at Marsh India Insurance Brokers in India typically ranges from ₹24,719 to ₹26,162 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from Fresher to 6 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 Marsh India Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Marsh India Insurance Brokers for Associate in India?
Principal Global Services ₹6.0 Lakhs to ₹11.8 Lakhs per year
The New India Assurance Co. ₹2.3 Lakhs to ₹8.5 Lakhs per year
Digit Insurance ₹3.0 Lakhs to ₹6.4 Lakhs per year
Cholamandalam MS General Insurance ₹0.9 Lakhs to ₹8.6 Lakhs per year
Aon ₹1.8 Lakhs to ₹8.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Marsh India Insurance Brokers, depending on the role and experience level.
What is the salary of a Associate in companies similar to Marsh India Insurance Brokers in India?
The salary of a Associate at companies similar to Marsh India Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Edelweiss Life Insurance ₹2.0 Lakhs to ₹7.0 Lakhs per year
MetLife ₹1.8 Lakhs to ₹6.2 Lakhs per year
HDFC Ergo General Insurance ₹1.8 Lakhs to ₹5.2 Lakhs per year
Reliance General Insurance ₹2.0 Lakhs to ₹6.5 Lakhs per year
AXA Business Services ₹1.7 Lakhs to ₹6.0 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 Marsh India Insurance Brokers in India?
The salary growth for a Associate at Marsh India Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at Marsh India Insurance Brokers:

Experience Average Salary Range
Fresher ₹2.7 Lakhs to ₹5.2 Lakhs per year
1 year ₹1.2 Lakhs to ₹4.0 Lakhs per year
2 years ₹3.0 Lakhs to ₹5.8 Lakhs per year
3 years ₹2.4 Lakhs to ₹6.1 Lakhs per year
and so on.

Tell us how to improve this page.

Marsh India Insurance Brokers Associate salary in India ranges between ₹2.4 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.