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Marsh India Insurance Brokers Associate Vice President salaries in India

Annual salary range
7 - 13 years exp.
₹15 Lakhs - ₹22.6 Lakhs
Salary of majority employees
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45% less than the average Associate Vice President Salary in Insurance Companies for 7 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Vice President Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹17.2 L/yr - ₹21 L/yr

Finance & Accounting
Associate Vice President Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹18.2 L/yr - ₹22.6 L/yr

Last Updated: 25 May 2024

Companies similar to Marsh India Insurance Brokers for Associate Vice President

Company name Avg Annual Salary Open Jobs
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₹16 L/yr - ₹34 L/yr

arrow icon 42% more
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₹23.8 L/yr - ₹42.8 L/yr

arrow icon 85% more
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₹8 L/yr - ₹26.1 L/yr

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₹25.1 L/yr - ₹45.2 L/yr

arrow icon 68% more
1 job opening
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₹16 L/yr - ₹36 L/yr

arrow icon 36% more
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₹24.2 L/yr - ₹35 L/yr

arrow icon 60% more
Logo
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₹18 L/yr - ₹41.5 L/yr

arrow icon 34% more
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₹27 L/yr - ₹43 L/yr

arrow icon 115% more
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₹21 L/yr - ₹30 L/yr

arrow icon 37% more
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₹20 L/yr - ₹25 L/yr

arrow icon 19% more
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₹19 L/yr - ₹28 L/yr

arrow icon 18% more
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₹24 L/yr - ₹33 L/yr

arrow icon 48% more
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₹11 L/yr - ₹12 L/yr

arrow icon 36% less
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MetLife Associate Vice President Salary

20 - 24 years exp. (3 salaries)

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₹70 L/yr - ₹1.1 Cr/yr

arrow icon 428% more
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₹19 L/yr - ₹28.5 L/yr

arrow icon 33% more
Associate Vice President salary at Marsh India Insurance Brokers ranges between ₹15 Lakhs to ₹22.6 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of Marsh India Insurance Brokers.

Latest annual salaries shared by Marsh India Insurance Brokers Associate Vice President

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10 years exp.
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10 years exp.
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8 years exp.
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7 years exp.
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12 years exp.
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13 years exp.

Experience wise Marsh India Insurance Brokers Associate Vice President salaries

Last Updated: 25 May 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹16.6 L/yr - ₹21.2 L/yr
8 years (AmbitionBox Estimate)

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₹16.4 L/yr - ₹21 L/yr
9 years (AmbitionBox Estimate)

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₹16.2 L/yr - ₹20.7 L/yr
10 years (AmbitionBox Estimate)

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₹16.1 L/yr - ₹20.5 L/yr
11 years (AmbitionBox Estimate)

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₹15.9 L/yr - ₹20.3 L/yr
View all

Similar Designation salaries in Marsh India Insurance Brokers

Project Lead Salary
(AmbitionBox Estimate)
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₹33.8 L/yr - ₹43.1 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
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₹22.3 L/yr - ₹28.5 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹6 L/yr - ₹7.7 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹8.7 L/yr - ₹11.2 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹20.6 L/yr - ₹26.3 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹14.9 L/yr - ₹19 L/yr
Module Lead Salary
(AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.3 L/yr
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₹9 L/yr - ₹24.8 L/yr
Team Lead Salary
(4 salaries)
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₹6 L/yr - ₹12 L/yr
Lead Consultant Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for Marsh India Insurance Brokers

2.0

Rated by 1 employees for salary & benefits

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.

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Marsh India Insurance Brokers Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Marsh India Insurance Brokers ?
The average salary of a Associate Vice President at Marsh India Insurance Brokers in India typically ranges from ₹15.0 Lakhs to ₹22.6 Lakhs per year, depending on experience (from 7 years to 13 years).

The top 10% of Associate Vice President at Marsh India Insurance Brokers earn more than ₹22.5 Lakhs per year, and the top 1% earn over ₹22.6 Lakhs per year. Associate Vice President 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 6 Marsh India Insurance Brokers employees in India.
What is the estimated take home salary of a Associate Vice President at Marsh India Insurance Brokers in India?
The estimated take-home salary of a Associate Vice President at Marsh India Insurance Brokers in India typically ranges from ₹1,19,546 to ₹1,22,900 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹22.6 Lakhs per year for employees with experience ranging from 7 years to 13 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 6 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 Vice President in India?
MetLife ₹70.0 Lakhs to ₹112.0 Lakhs per year
AXA Business Services ₹27.0 Lakhs to ₹43.0 Lakhs per year
Aditya Birla Health Insurance Co ₹23.8 Lakhs to ₹42.8 Lakhs per year
Future Generali India Life Insurance ₹25.1 Lakhs to ₹45.2 Lakhs per year
Pramerica Life Insurance ₹24.2 Lakhs to ₹35.0 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 Vice President in companies similar to Marsh India Insurance Brokers in India?
The salary of a Associate Vice President 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:

Family Health Plan ₹24.0 Lakhs to ₹33.0 Lakhs per year
Bharti AXA Life Insurance ₹16.0 Lakhs to ₹34.0 Lakhs per year
Edelweiss Life Insurance ₹21.0 Lakhs to ₹30.0 Lakhs per year
Liberty General Insurance ₹16.0 Lakhs to ₹36.0 Lakhs per year
Medi Assist India ₹18.0 Lakhs to ₹41.5 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 Vice President at Marsh India Insurance Brokers in India?
The salary growth for a Associate Vice President at Marsh India Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Associate Vice President can expect the following growth trajectory at Marsh India Insurance Brokers:

Experience Average Salary Range
7 years ₹16.6 Lakhs to ₹21.2 Lakhs per year
8 years ₹16.4 Lakhs to ₹21.0 Lakhs per year
9 years ₹16.2 Lakhs to ₹20.7 Lakhs per year
10 years ₹16.1 Lakhs to ₹20.5 Lakhs per year
and so on.

Tell us how to improve this page.

Marsh India Insurance Brokers Associate Vice President salary in India ranges between ₹15 Lakhs to ₹22.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.