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Marsh India Insurance Brokers HR Manager salaries in India

Annual salary range
3 - 5 years exp.
₹12.7 Lakhs - ₹16.3 Lakhs
Salary of majority employees
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32% more than the average HR Manager Salary in Insurance Companies for 3 - 5 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Marsh India Insurance Brokers for HR Manager

Company name Avg Annual Salary Open Jobs
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₹5.2 L/yr - ₹18.6 L/yr

arrow icon 20% less
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Bharti AXA Life Insurance HR Manager Salary

7 - 13 years exp. (9 salaries)

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₹6.5 L/yr - ₹9.6 L/yr

arrow icon 48% less
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₹5 L/yr - ₹15.5 L/yr

arrow icon 38% less
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AXA Business Services HR Manager Salary

10 - 15 years exp. (7 salaries)

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₹18 L/yr - ₹23 L/yr

arrow icon 36% more
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Medi Assist India HR Manager Salary

7 - 15 years exp. (7 salaries)

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₹8.3 L/yr - ₹16 L/yr

arrow icon 21% less
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₹9 L/yr - ₹16 L/yr

arrow icon 14% less
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₹8.5 L/yr - ₹14.5 L/yr

arrow icon 27% less
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Pramerica Life Insurance HR Manager Salary

10 - 19 years exp. (5 salaries)

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₹9.5 L/yr - ₹10.9 L/yr

arrow icon 32% less
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Edelweiss Life Insurance HR Manager Salary

0 - 10 years exp. (5 salaries)

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₹3 L/yr - ₹5.8 L/yr

arrow icon 72% less
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Axa XL HR Manager Salary

7 - 15 years exp. (5 salaries)

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₹11.5 L/yr - ₹20 L/yr

arrow icon 2% less
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Liberty General Insurance HR Manager Salary

0 - 12 years exp. (5 salaries)

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₹12 L/yr - ₹18.3 L/yr

arrow icon 6% less
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Marsh HR Manager Salary

3 - 10 years exp. (4 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 7% less
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₹5.5 L/yr - ₹13 L/yr

arrow icon 30% less
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Aegon Life Insurance HR Manager Salary

7 - 9 years exp. (4 salaries)

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₹6.3 L/yr - ₹17 L/yr

arrow icon 29% less
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Smc Insurance Brokers HR Manager Salary

7 - 9 years exp. (4 salaries)

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₹5.4 L/yr - ₹10 L/yr

arrow icon 48% less
1 job opening
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Mahindra Insurance Brokers HR Manager Salary

6 - 13 years exp. (4 salaries)

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₹6 L/yr - ₹26 L/yr

arrow icon 7% more
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Shriram General Insurance HR Manager Salary

9 - 12 years exp. (4 salaries)

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₹6.1 L/yr - ₹8 L/yr

arrow icon 52% less
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IndiaFirst Life Insurance HR Manager Salary

6 - 9 years exp. (3 salaries)

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₹6.7 L/yr - ₹13.5 L/yr

arrow icon 25% less
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Raksha TPA HR Manager Salary

9 - 13 years exp. (3 salaries)

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₹5.5 L/yr - ₹10 L/yr

arrow icon 50% less
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Vidal Health Tpa HR Manager Salary

12 - 14 years exp. (3 salaries)

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₹12 L/yr - ₹13 L/yr

arrow icon 15% less
View all
HR Manager salary at Marsh India Insurance Brokers ranges between ₹12.7 Lakhs to ₹16.3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Marsh India Insurance Brokers.

Latest annual salaries shared by Marsh India Insurance Brokers HR Manager

1y ago
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3 years exp.
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5 years exp.
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4 years exp.

Experience wise Marsh India Insurance Brokers HR Manager salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹14.5 L/yr
4 years (AmbitionBox Estimate)

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₹13.6 L/yr - ₹17.3 L/yr
5 years (AmbitionBox Estimate)

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₹14.6 L/yr - ₹18.7 L/yr

Similar Designation salaries in Marsh India Insurance Brokers

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₹12 L/yr - ₹15 L/yr
HR Associate Salary
(3 salaries)
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₹3 L/yr - ₹3.8 L/yr
Assistant Manager- HR Salary
(AmbitionBox Estimate)
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₹10.3 L/yr - ₹13.1 L/yr
Vice President- HR Salary
(AmbitionBox Estimate)
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₹42.5 L/yr - ₹54.3 L/yr
Senior HR Associate Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹8.6 L/yr - ₹10.9 L/yr
Senior Executive Secretary Salary
(AmbitionBox Estimate)
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₹6.7 L/yr - ₹8.5 L/yr
Administration Executive Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Administration Manager Salary
(AmbitionBox Estimate)
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₹6.9 L/yr - ₹8.9 L/yr
Senior Manager Administration Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Marsh India Insurance Brokers

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.

read more
  • Salary - Good
  • +5 more

Dislikes

Nothing to share about dislikes

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Pay structure Work life balance

  • Salary - Poor
  • +1 more

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.

read more

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.

read more
  • Salary - Poor
  • +2 more

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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Marsh India Insurance Brokers HR Manager Salary FAQs

What is the salary of HR Manager at Marsh India Insurance Brokers ?
The average salary of a HR Manager at Marsh India Insurance Brokers in India typically ranges from ₹12.7 Lakhs to ₹16.3 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of HR Manager at Marsh India Insurance Brokers earn more than ₹16.3 Lakhs per year, and the top 1% earn over ₹16.3 Lakhs per year. HR Manager 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 HR Manager at Marsh India Insurance Brokers in India?
The estimated take-home salary of a HR Manager at Marsh India Insurance Brokers in India typically ranges from ₹1,02,145 to ₹1,04,936 per month. This is based on the average salary range of ₹12.7 Lakhs to ₹16.3 Lakhs per year for employees with experience ranging from 3 years to 5 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.
Which companies offer higher salaries than Marsh India Insurance Brokers for HR Manager in India?
AXA Business Services ₹18.0 Lakhs to ₹23.0 Lakhs per year
Mahindra Insurance Brokers ₹6.0 Lakhs to ₹26.0 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 HR Manager in companies similar to Marsh India Insurance Brokers in India?
The salary of a HR Manager 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:

Axa XL ₹11.5 Lakhs to ₹20.0 Lakhs per year
Liberty General Insurance ₹12.0 Lakhs to ₹18.3 Lakhs per year
Marsh ₹12.0 Lakhs to ₹15.0 Lakhs per year
Universal Sompo General Insurance ₹9.0 Lakhs to ₹16.0 Lakhs per year
Vidal Health Tpa ₹12.0 Lakhs to ₹13.0 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 HR Manager at Marsh India Insurance Brokers in India?
The salary growth for a HR Manager at Marsh India Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a HR Manager can expect the following growth trajectory at Marsh India Insurance Brokers:

Experience Average Salary Range
3 years ₹11.4 Lakhs to ₹14.5 Lakhs per year
4 years ₹13.6 Lakhs to ₹17.3 Lakhs per year
5 years ₹14.6 Lakhs to ₹18.7 Lakhs per year
and so on.

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Marsh India Insurance Brokers HR Manager salary in India ranges between ₹12.7 Lakhs to ₹16.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.