Marsh India Insurance Brokers AVP Salaries by 6 Employees

10 - 16 years exp.

₹14 Lakhs - ₹35 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% less than the average AVP Salary in Insurance Companies for 10 - 16 years of experience

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Last Updated: 21 Aug 2024

Companies similar to Marsh India Insurance Brokers for AVP

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance AVP Salary 9 - 19 years exp. (10 salaries)	₹20 L/yr - ₹37 L/yr 9% more
Bharti AXA Life Insurance AVP Salary 3 - 18 years exp. (9 salaries)	₹16 L/yr - ₹35 L/yr 17% more
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Kotak Mahindra General Insurance AVP Salary 10 - 19 years exp. (6 salaries)	₹20 L/yr - ₹31 L/yr 6% less
Medi Assist India AVP Salary 11 - 18 years exp. (6 salaries)	₹13 L/yr - ₹24 L/yr 24% less
Marsh AVP Salary 8 - 15 years exp. (4 salaries)	₹19 L/yr - ₹36 L/yr 2% less
MetLife AVP Salary 12 - 20 years exp. (4 salaries)	₹66 L/yr - ₹95 L/yr 217% more
Aegon Life Insurance AVP Salary 10 - 17 years exp. (4 salaries)	₹20 L/yr - ₹28 L/yr 20% less
Aditya Birla Health Insurance Co AVP Salary 10 - 15 years exp. (4 salaries)	₹31 L/yr - ₹36.5 L/yr 33% more
Edelweiss Life Insurance AVP Salary 7 - 20 years exp. (4 salaries)	₹30 L/yr - ₹32 L/yr 21% more
Liberty General Insurance AVP Salary 9 - 13 years exp. (4 salaries)	₹12.4 L/yr - ₹27 L/yr 29% less
Ageas Federal Life Insurance AVP Salary 16 - 17 years exp. (3 salaries)	₹28 L/yr - ₹32 L/yr 13% more
Login to view exact salary
Axa XL AVP Salary 19 - 23 years exp. (3 salaries)	₹44 L/yr - ₹48 L/yr 77% more

AVP salary at Marsh India Insurance Brokers ranges between ₹14 Lakhs to ₹35 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers AVP salaries

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹14 L/yr - ₹41.8 L/yr
11 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.8 L/yr
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12 years (AmbitionBox Estimate)	₹22.6 L/yr - ₹28.9 L/yr
13 years (AmbitionBox Estimate)	₹25 L/yr - ₹47.1 L/yr
14 years (AmbitionBox Estimate)	₹25 L/yr - ₹48.8 L/yr
15+ years (AmbitionBox Estimate)	₹27.5 L/yr - ₹35 L/yr

View all

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Associate Vice President Salary

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Senior Vice President Salary

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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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Marsh India Insurance Brokers AVP Salary FAQs

What is the salary of AVP at Marsh India Insurance Brokers ?

The average salary of a AVP at Marsh India Insurance Brokers in India typically ranges from ₹14.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of AVP at Marsh India Insurance Brokers earn more than ₹34.3 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. AVP 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 AVP at Marsh India Insurance Brokers in India?

The estimated take-home salary of a AVP at Marsh India Insurance Brokers in India typically ranges from ₹1,61,888 to ₹1,68,072 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 10 years to 16 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 AVP in India?

MetLife	₹66.0 Lakhs to ₹95.0 Lakhs per year
Axa XL	₹44.0 Lakhs to ₹48.0 Lakhs per year
Aditya Birla Health Insurance Co	₹31.0 Lakhs to ₹36.5 Lakhs per year
Edelweiss Life Insurance	₹30.0 Lakhs to ₹32.0 Lakhs per year
Bharti AXA Life Insurance	₹16.0 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 AVP in companies similar to Marsh India Insurance Brokers in India?

The salary of a AVP 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:

Ageas Federal Life Insurance	₹28.0 Lakhs to ₹32.0 Lakhs per year
Future Generali India Life Insurance	₹20.0 Lakhs to ₹37.0 Lakhs per year
Marsh	₹19.0 Lakhs to ₹36.0 Lakhs per year
Kotak Mahindra General Insurance	₹20.0 Lakhs to ₹31.0 Lakhs per year
Aegon Life Insurance	₹20.0 Lakhs to ₹28.0 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 AVP at Marsh India Insurance Brokers in India?

The salary growth for a AVP at Marsh India Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a AVP can expect the following growth trajectory at Marsh India Insurance Brokers:

Experience	Average Salary Range
10 years	₹14.0 Lakhs to ₹41.8 Lakhs per year
11 years	₹21.8 Lakhs to ₹27.8 Lakhs per year
12 years	₹22.6 Lakhs to ₹28.9 Lakhs per year
13 years	₹25.0 Lakhs to ₹47.1 Lakhs per year

and so on.

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Marsh India Insurance Brokers AVP Salaries

Marsh India Insurance Brokers AVP salary in India ranges between ₹14 Lakhs to ₹35 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.