Marsh India Insurance Brokers AVP Salaries by 6 Employees (Updated 2025)

10 - 16 years exp.

₹14 Lakhs - ₹35 Lakhs

Salary of majority employees

15% 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
Aon AVP Salary 4 - 12 years exp. (4 salaries)	₹14.4 L/yr - ₹29.8 L/yr 10% less
Bajaj Allianz General Insurance AVP Salary 18 - 22 years exp. (5 salaries)	₹30 L/yr - ₹40.5 L/yr 36% more
Login to view exact salary
ICICI Lombard General Insurance Company AVP Salary 11 - 18 years exp. (23 salaries)	₹16 L/yr - ₹39 L/yr 9% less
HDFC Ergo General Insurance AVP Salary 10 - 18 years exp. (27 salaries)	₹13.5 L/yr - ₹32 L/yr 21% less
Tata AIG AVP Salary 15 - 20 years exp. (4 salaries)	₹18 L/yr - ₹25 L/yr 19% less
Reliance General Insurance AVP Salary 10 - 17 years exp. (6 salaries)	₹17.5 L/yr - ₹35 L/yr 11% more
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
Digit Insurance AVP Salary 5 - 20 years exp. (7 salaries)	₹17 L/yr - ₹27.8 L/yr 6% less
Medi Assist India AVP Salary 11 - 18 years exp. (6 salaries)	₹13 L/yr - ₹24 L/yr 24% less
Kotak Mahindra General Insurance AVP Salary 10 - 19 years exp. (5 salaries)	₹20 L/yr - ₹31 L/yr 6% less
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MetLife AVP Salary 12 - 20 years exp. (4 salaries)	₹66 L/yr - ₹95 L/yr 217% more
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
Aegon Life Insurance AVP Salary 13 - 15 years exp. (3 salaries)	₹20 L/yr - ₹22 L/yr 20% less

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

Similar Designation salaries in Marsh India Insurance Brokers

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Process Associate Salary

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₹3 L/yr - ₹5.52 L/yr

Management Trainee Salary

(16 salaries)

₹8 L/yr - ₹13 L/yr

Senior Associate Salary

(15 salaries)

₹2.9 L/yr - ₹6.1 L/yr

Processing Manager Salary

(10 salaries)

₹7.05 L/yr - ₹9 L/yr

Associate Vice President Salary

(6 salaries)

₹15 L/yr - ₹22.62 L/yr

Senior Vice President Salary

(5 salaries)

₹51.47 L/yr - ₹101 L/yr

Client Relationship Manager Salary

(5 salaries)

₹5.8 L/yr - ₹16 L/yr

Operations Manager Salary

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₹6.5 L/yr - ₹8 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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Marsh India Insurance Brokers AVP Salary FAQs

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

AVP salary at Marsh India Insurance Brokers in India ranges between ₹14.0 Lakhs to ₹35.0 Lakhs for experience between 10 years to 16 years. According to our estimates it is 15% less than the average AVP 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 AVP at Marsh India Insurance Brokers India compare with the average salary range for this job?

The average salary of a AVP at Marsh India Insurance Brokers is 15% less than the average salary of a AVP in India. To know exact salary insights, login to view.

Which similar companies are paying more than Marsh India Insurance Brokers to a AVP in India?

MetLife AVP Salary - ₹66.0 Lakhs to ₹95.0 Lakhs per year
Bajaj Allianz General Insurance AVP Salary - ₹30.0 Lakhs to ₹40.5 Lakhs per year
Aditya Birla Health Insurance Co AVP Salary - ₹31.0 Lakhs to ₹36.5 Lakhs per year
Edelweiss Life Insurance AVP Salary - ₹30.0 Lakhs to ₹32.0 Lakhs per year
Bharti AXA Life Insurance AVP Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year

What is the salary of a AVP in companies similar to Marsh India Insurance Brokers in India?

Ageas Federal Life Insurance AVP Salary - ₹28.0 Lakhs to ₹32.0 Lakhs per year
Reliance General Insurance AVP Salary - ₹17.5 Lakhs to ₹35.0 Lakhs per year
Future Generali India Life Insurance AVP Salary - ₹20.0 Lakhs to ₹37.0 Lakhs per year
Digit Insurance AVP Salary - ₹17.0 Lakhs to ₹27.8 Lakhs per year
Kotak Mahindra General Insurance AVP Salary - ₹20.0 Lakhs to ₹31.0 Lakhs per year

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 ranges between ₹1,61,888 per month to ₹1,68,072 per month in India. The take-home salary calculation is based on the average Marsh India Insurance Brokers AVP salary in India which ranges between ₹14.0 Lakhs to ₹35.0 Lakhs per year for employees with experience between 10 years to 16 years. Check how did we calculate take home salary?

What is the notice period for AVP at Marsh India Insurance Brokers?

According to AmbitionBox, 75% of the Marsh India Insurance Brokers AVPs reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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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.