Marsh India Insurance Brokers Mumbai Associate Vice President Salaries by 4 Employees (Updated 2025)

7 - 13 years exp.

₹19.3 Lakhs - ₹22.6 Lakhs

Salary of majority employees

38% less than the average Associate Vice President Salary in Insurance Companies for 7 - 13 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹18.8 L/yr - ₹21 L/yr
Login to view exact salary
Finance & Accounting Associate Vice President Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹19.3 L/yr - ₹22.6 L/yr

Last Updated: 17 Mar 2023

Companies similar to Marsh India Insurance Brokers for Associate Vice President in Mumbai

Marsh India Insurance Brokers Associate Vice President Salary

7 - 13 years exp. (4 salaries)

₹19.3 L/yr - ₹22.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Associate Vice President Salary 6 - 20 years exp. (118 salaries)	₹15 L/yr - ₹34.9 L/yr 23% more
HDFC Ergo General Insurance Associate Vice President Salary 12 - 18 years exp. (12 salaries)	₹13 L/yr - ₹29.5 L/yr 12% more
Login to view exact salary
Tata AIG Associate Vice President Salary 8 - 20 years exp. (79 salaries)	₹11.3 L/yr - ₹38 L/yr 21% more	1 job opening
Bharti AXA Life Insurance Associate Vice President Salary 8 - 21 years exp. (17 salaries)	₹20 L/yr - ₹34 L/yr 38% more
Aditya Birla Health Insurance Co Associate Vice President Salary 10 - 20 years exp. (17 salaries)	₹25 L/yr - ₹42 L/yr 81% more
Future Generali India Life Insurance Associate Vice President Salary 14 - 23 years exp. (14 salaries)	₹26 L/yr - ₹45.2 L/yr 73% more	1 job opening
Kotak Mahindra General Insurance Associate Vice President Salary 7 - 18 years exp. (11 salaries)	₹8 L/yr - ₹22.5 L/yr 4% less
Medi Assist India Associate Vice President Salary 11 - 21 years exp. (6 salaries)	₹18 L/yr - ₹43 L/yr 25% more
Edelweiss Life Insurance Associate Vice President Salary 8 - 14 years exp. (5 salaries)	₹23.5 L/yr - ₹30 L/yr 31% more
Liberty General Insurance Associate Vice President Salary 11 - 16 years exp. (5 salaries)	₹25 L/yr - ₹36 L/yr 49% more
IndiaFirst Life Insurance Associate Vice President Salary 12 - 18 years exp. (3 salaries)	₹21 L/yr - ₹25 L/yr 12% more
Login to view exact salary
Pramerica Life Insurance Associate Vice President Salary 13 - 24 years exp. (3 salaries)	₹25 L/yr - ₹32.5 L/yr 46% more

Associate Vice President salary at Marsh India Insurance Brokers ranges between ₹19.3 Lakhs to ₹22.6 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers Associate Vice President salaries in Mumbai

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹21 L/yr
8 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹21 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.5 L/yr
10 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.3 L/yr
11 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
12 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹19.3 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹22.6 L/yr

View all

Similar Designation salaries in Marsh India Insurance Brokers

Assistant Vice President Salary

(20 salaries)

₹12.65 L/yr - ₹28.75 L/yr

Senior Process Associate Salary

(17 salaries)

₹4.1 L/yr - ₹7.43 L/yr

Process Associate Salary

(12 salaries)

₹3 L/yr - ₹4.1 L/yr

Senior Associate Salary

(11 salaries)

₹2.9 L/yr - ₹7.5 L/yr

Management Trainee Salary

(3 salaries)

₹8 L/yr - ₹11 L/yr

Salary related reviews for Marsh India Insurance Brokers

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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

Got a question about Marsh India Insurance Brokers?

Ask anonymously on communities.

Marsh India Insurance Brokers Associate Vice President Salary FAQs

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

Associate Vice President salary at Marsh India Insurance Brokers in Mumbai ranges between ₹19.3 Lakhs to ₹22.6 Lakhs for experience between 7 years to 13 years. According to our estimates it is 38% less than the average Associate Vice President Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Marsh India Insurance Brokers Mumbai.

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

The average salary of a Associate Vice President at Marsh India Insurance Brokers is 38% less than the average salary of a Associate Vice President in Mumbai. 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 Mumbai?

Aditya Birla Health Insurance Co Associate Vice President Salary - ₹25.0 Lakhs to ₹42.0 Lakhs per year
Future Generali India Life Insurance Associate Vice President Salary - ₹26.0 Lakhs to ₹45.2 Lakhs per year
Liberty General Insurance Associate Vice President Salary - ₹25.0 Lakhs to ₹36.0 Lakhs per year
Pramerica Life Insurance Associate Vice President Salary - ₹25.0 Lakhs to ₹32.5 Lakhs per year
Bharti AXA Life Insurance Associate Vice President Salary - ₹20.0 Lakhs to ₹34.0 Lakhs per year

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

Edelweiss Life Insurance Associate Vice President Salary - ₹23.5 Lakhs to ₹30.0 Lakhs per year
Medi Assist India Associate Vice President Salary - ₹18.0 Lakhs to ₹43.0 Lakhs per year
ICICI Lombard General Insurance Company Associate Vice President Salary - ₹15.0 Lakhs to ₹34.9 Lakhs per year
Tata AIG Associate Vice President Salary - ₹11.3 Lakhs to ₹38.0 Lakhs per year
IndiaFirst Life Insurance Associate Vice President Salary - ₹21.0 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a Associate Vice President at Marsh India Insurance Brokers ranges between ₹1,27,783 per month to ₹1,32,076 per month in Mumbai. The take-home salary calculation is based on the average Marsh India Insurance Brokers Associate Vice President salary in India which ranges between ₹19.3 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?

Tell us how to improve this page.

Home >
Salaries >
Marsh India Insurance Brokers Salaries >
Marsh India Insurance Brokers Associate Vice President Salaries >
Marsh India Insurance Brokers Associate Vice President Salaries in Mumbai

Marsh India Insurance Brokers Associate Vice President salary in Mumbai ranges between ₹19.3 Lakhs to ₹22.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.

Marsh India Insurance Brokers Associate Vice President salaries in Mumbai

Companies similar to Marsh India Insurance Brokers for Associate Vice President in Mumbai

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

Experience wise Marsh India Insurance Brokers Associate Vice President salaries in Mumbai

Similar Designation salaries in Marsh India Insurance Brokers

Salary related reviews for Marsh India Insurance Brokers

Senior Executive Operations in Chennai

Assistant Vice President in Gurgaon / Gurugram

Senior Manager in Mumbai

Process Leader in New Delhi

Processing Manager in Pune

Marsh India Insurance Brokers Associate Vice President Salary FAQs

Tell us how to improve this page.