Marsh India Insurance Brokers Associate Vice President Salaries by 6 Employees (Updated 2025)

7 - 13 years exp.

₹15 Lakhs - ₹22.6 Lakhs

Salary of majority employees

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)	₹17.2 L/yr - ₹21 L/yr
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Finance & Accounting Associate Vice President Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹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
Aon Associate Vice President Salary 10 - 16 years exp. (3 salaries)	₹16 L/yr - ₹26 L/yr 18% more
Willis Towers Watson Associate Vice President Salary 8 - 16 years exp. (4 salaries)	₹15 L/yr - ₹23 L/yr 6% more
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Bajaj Allianz General Insurance Associate Vice President Salary 16 - 17 years exp. (4 salaries)	₹30 L/yr - ₹52.5 L/yr 120% more
ICICI Lombard General Insurance Company Associate Vice President Salary 6 - 20 years exp. (282 salaries)	₹14 L/yr - ₹38 L/yr 34% more
HDFC Ergo General Insurance Associate Vice President Salary 12 - 21 years exp. (33 salaries)	₹12 L/yr - ₹29.5 L/yr 11% more
Tata AIG Associate Vice President Salary 8 - 20 years exp. (98 salaries)	₹11.3 L/yr - ₹38 L/yr 22% more	1 job opening
Reliance General Insurance Associate Vice President Salary 5 - 19 years exp. (11 salaries)	₹17 L/yr - ₹21 L/yr 10% more
Digit Insurance Associate Vice President Salary 7 - 21 years exp. (39 salaries)	₹19.6 L/yr - ₹31.3 L/yr 38% more
Bharti AXA Life Insurance Associate Vice President Salary 8 - 21 years exp. (34 salaries)	₹16 L/yr - ₹34 L/yr 41% more
Kotak Mahindra General Insurance Associate Vice President Salary 7 - 18 years exp. (19 salaries)	₹8 L/yr - ₹26.1 L/yr 8% more
Aditya Birla Health Insurance Co Associate Vice President Salary 10 - 19 years exp. (21 salaries)	₹23.8 L/yr - ₹42.8 L/yr 88% more
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Future Generali India Life Insurance Associate Vice President Salary 14 - 22 years exp. (17 salaries)	₹25.1 L/yr - ₹45.2 L/yr 80% more	1 job opening
Liberty General Insurance Associate Vice President Salary 11 - 17 years exp. (16 salaries)	₹16 L/yr - ₹36 L/yr 41% more
Pramerica Life Insurance Associate Vice President Salary 13 - 24 years exp. (14 salaries)	₹24.2 L/yr - ₹35 L/yr 58% more
Medi Assist India Associate Vice President Salary 11 - 20 years exp. (12 salaries)	₹18 L/yr - ₹41.5 L/yr 34% more
AXA Business Services Associate Vice President Salary 13 - 19 years exp. (11 salaries)	₹27 L/yr - ₹49 L/yr 112% more
Edelweiss Life Insurance Associate Vice President Salary 8 - 17 years exp. (9 salaries)	₹21 L/yr - ₹30 L/yr 41% more
IndiaFirst Life Insurance Associate Vice President Salary 12 - 20 years exp. (6 salaries)	₹20 L/yr - ₹25 L/yr 19% more
Paramount Health Services Tpa Associate Vice President Salary 13 - 21 years exp. (4 salaries)	₹11 L/yr - ₹12 L/yr 36% less
MetLife Associate Vice President Salary 20 - 24 years exp. (3 salaries)	₹70 L/yr - ₹1.1 Cr/yr 428% more

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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.

Experience wise Marsh India Insurance Brokers Associate Vice President salaries

Last Updated: 25 May 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹21 L/yr
8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹21 L/yr
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9 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹19.3 L/yr
13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹22.6 L/yr

View all

Similar Designation salaries in Marsh India Insurance Brokers

Project Lead Salary

(AmbitionBox Estimate)

₹33.8 L/yr - ₹43.1 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹22.3 L/yr - ₹28.5 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹6 L/yr - ₹7.7 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹8.7 L/yr - ₹11.2 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹20.6 L/yr - ₹26.3 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Module Lead Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.3 L/yr

Senior Software Engineer Salary

(3 salaries)

₹9 L/yr - ₹24.8 L/yr

Team Lead Salary

(4 salaries)

₹6 L/yr - ₹12 L/yr

Lead Consultant Salary

(AmbitionBox Estimate)

₹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

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.

Salary - Good

+5 more

Dislikes

Nothing to share about dislikes

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.

Job security - Good

+2 more

Dislikes

Pay structure Work life balance

Salary - Poor

+1 more

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.

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.

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,

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.

Salary - Poor

+2 more

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.

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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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?

Associate Vice President salary at Marsh India Insurance Brokers in India ranges between ₹15.0 Lakhs to ₹22.6 Lakhs for experience between 7 years to 13 years. According to our estimates it is 45% less than the average Associate Vice President Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Marsh India Insurance Brokers India.

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

The average salary of a Associate Vice President at Marsh India Insurance Brokers is 45% less than the average salary of a Associate 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 Associate Vice President in India?

MetLife Associate Vice President Salary - ₹70.0 Lakhs to ₹112.0 Lakhs per year
Bajaj Allianz General Insurance Associate Vice President Salary - ₹30.0 Lakhs to ₹52.5 Lakhs per year
AXA Business Services Associate Vice President Salary - ₹27.0 Lakhs to ₹49.0 Lakhs per year
Aditya Birla Health Insurance Co Associate Vice President Salary - ₹23.8 Lakhs to ₹42.8 Lakhs per year
Future Generali India Life Insurance Associate Vice President Salary - ₹25.1 Lakhs to ₹45.2 Lakhs per year

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

Pramerica Life Insurance Associate Vice President Salary - ₹24.2 Lakhs to ₹35.0 Lakhs per year
Family Health Plan Associate Vice President Salary - ₹24.0 Lakhs to ₹33.0 Lakhs per year
Edelweiss Life Insurance Associate Vice President Salary - ₹21.0 Lakhs to ₹30.0 Lakhs per year
Bharti AXA Life Insurance Associate Vice President Salary - ₹16.0 Lakhs to ₹34.0 Lakhs per year
Liberty General Insurance Associate Vice President Salary - ₹16.0 Lakhs to ₹36.0 Lakhs per year

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 ranges between ₹1,19,546 per month to ₹1,22,900 per month in India. The take-home salary calculation is based on the average Marsh India Insurance Brokers Associate Vice President salary in India which ranges between ₹15.0 Lakhs to ₹22.6 Lakhs per year for employees with experience between 7 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Marsh India Insurance Brokers Associate Vice Presidents reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Marsh India Insurance Brokers Associate Vice President Salaries

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