Marsh India Insurance Brokers Mumbai Executive Salaries by 4 Employees

4 - 7 years exp.

₹3 Lakhs - ₹5.3 Lakhs

Salary of majority employees

5% less than the average Executive Salary in Insurance Companies for 4 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Executive Salary 4 - 7 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr
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Finance & Accounting Executive Salary 6 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.2 L/yr

Last Updated: 16 Mar 2023

Companies similar to Marsh India Insurance Brokers for Executive in Mumbai

Marsh India Insurance Brokers Executive Salary

4 - 7 years exp. (4 salaries)

₹3 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Paramount Health Services Tpa Executive Salary 0 - 4 years exp. (112 salaries)	₹1 L/yr - ₹3.7 L/yr 49% less
Universal Sompo General Insurance Executive Salary 1 - 10 years exp. (42 salaries)	₹2.5 L/yr - ₹5 L/yr 16% less
Login to view exact salary
Medi Assist India Executive Salary 1 - 7 years exp. (39 salaries)	₹1.6 L/yr - ₹4 L/yr 33% less	1 job opening
Bharti AXA Life Insurance Executive Salary 1 - 7 years exp. (36 salaries)	₹2.5 L/yr - ₹6.7 L/yr 15% less
Aditya Birla Health Insurance Co Executive Salary 1 - 7 years exp. (24 salaries)	₹2.2 L/yr - ₹3.5 L/yr 31% less
Future Generali India Life Insurance Executive Salary 1 - 7 years exp. (19 salaries)	₹1.3 L/yr - ₹4.8 L/yr 46% less	1 job opening
Edelweiss Life Insurance Executive Salary 0 - 8 years exp. (15 salaries)	₹2 L/yr - ₹4 L/yr 33% less
IndiaFirst Life Insurance Executive Salary 0 - 6 years exp. (12 salaries)	₹2 L/yr - ₹4 L/yr 35% less
Raksha TPA Executive Salary 1 - 4 years exp. (7 salaries)	₹1.2 L/yr - ₹3.5 L/yr 41% less
Ageas Federal Life Insurance Executive Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹2.9 L/yr 43% less
Aegon Life Insurance Executive Salary 1 - 3 years exp. (4 salaries)	₹1 L/yr - ₹3 L/yr 49% less
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Vidal Health Tpa Executive Salary 2 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3 L/yr 45% less
Europ Assistance India Executive Salary 3 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹4.2 L/yr 27% less

Executive salary at Marsh India Insurance Brokers ranges between ₹3 Lakhs to ₹5.3 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers Executive salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Marsh India Insurance Brokers

Assistant Vice President Salary

(22 salaries)

₹12.65 L/yr - ₹29 L/yr

Senior Process Associate Salary

(18 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

Associate Vice President Salary

(4 salaries)

₹19.25 L/yr - ₹22.62 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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Marsh India Insurance Brokers Executive Salary FAQs

What is the salary of Executive at Marsh India Insurance Brokers in Mumbai?

The average salary of a Executive at Marsh India Insurance Brokers in Mumbai typically ranges from ₹3.0 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Executive in Mumbai at Marsh India Insurance Brokers earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Executive 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 4 Marsh India Insurance Brokers employees in India.

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

The estimated take-home salary of a Executive at Marsh India Insurance Brokers in Mumbai typically ranges from ₹32,142 to ₹33,424 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 4 years to 7 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 4 salaries received from various employees of Marsh India Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Executive at companies similar to Marsh India Insurance Brokers in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharti AXA Life Insurance	₹2.5 Lakhs to ₹6.7 Lakhs per year
Universal Sompo General Insurance	₹2.5 Lakhs to ₹5.0 Lakhs per year
Europ Assistance India	₹2.2 Lakhs to ₹4.2 Lakhs per year
Aditya Birla Health Insurance Co	₹2.2 Lakhs to ₹3.5 Lakhs per year
Medi Assist India	₹1.6 Lakhs to ₹4.0 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 Executive at Marsh India Insurance Brokers in Mumbai?

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

Experience	Average Salary Range
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
7 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Marsh India Insurance Brokers Executive Salaries in Mumbai

Marsh India Insurance Brokers Executive salary in Mumbai ranges between ₹3 Lakhs to ₹5.3 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.