Marsh India Insurance Brokers Mumbai Management Trainee Salaries by 3 Employees (Updated 2024)

0 - 2 years exp.

₹8 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

18% more than the average Management Trainee Salary in Insurance Companies for 0 - 2 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Marsh India Insurance Brokers for Management Trainee in Mumbai

Marsh India Insurance Brokers Management Trainee Salary

0 - 2 years exp. (3 salaries)

₹8 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Management Trainee Salary 0 - 1 year exp. (48 salaries)	₹3.8 L/yr - ₹10.4 L/yr 25% less
Reliance General Insurance Management Trainee Salary 0 - 4 years exp. (26 salaries)	₹4.5 L/yr - ₹10 L/yr 39% less
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Tata AIG Management Trainee Salary 0 - 3 years exp. (46 salaries)	₹4.2 L/yr - ₹16.4 L/yr 8% less
Future Generali India Life Insurance Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹7.8 L/yr - ₹11 L/yr 26% less
Bajaj Allianz General Insurance Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹6 L/yr - ₹8.6 L/yr 27% less
Aditya Birla Health Insurance Co Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹2.4 L/yr - ₹12 L/yr 33% less
Bharti AXA Life Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹2 L/yr - ₹10 L/yr 41% less
Liberty General Insurance Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹8.4 L/yr - ₹10.5 L/yr 19% less
Shriram General Insurance Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹4.7 L/yr - ₹7 L/yr 52% less
Universal Sompo General Insurance Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 48% less
Cholamandalam MS General Insurance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹3.5 L/yr - ₹5.1 L/yr 53% less
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Digit Insurance Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹9 L/yr - ₹11 L/yr 3% less

Management Trainee salary at Marsh India Insurance Brokers ranges between ₹8 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 3 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers Management Trainee salaries in Mumbai

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8 L/yr - ₹19.2 L/yr
1 year (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
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2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11 L/yr

Similar Designation salaries in Marsh India Insurance Brokers

Senior Associate Salary

(13 salaries)

₹2.9 L/yr - ₹7.5 L/yr

Process Associate Salary

(12 salaries)

₹3 L/yr - ₹4.1 L/yr

Finance Executive Salary

(4 salaries)

₹2.7 L/yr - ₹4.4 L/yr

Salary related reviews for Marsh India Insurance Brokers

4.0

Rated by 1 employees for salary & benefits

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.

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.

Dislikes

Pay structure Work life balance

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.

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,

Dislikes

Extreme politics at the higher level and disproportionate hierarchical structure, least opportunities for career growth and lesser growth percentage in monetary Benefits.

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.

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 technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Marsh India Insurance Brokers Management Trainee Salary FAQs

What is the notice period for Management Trainee at Marsh India Insurance Brokers in Mumbai?

According to AmbitionBox, 100% of the Marsh India Insurance Brokers Management Trainees in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Marsh India Insurance Brokers Management Trainee Salaries in Mumbai

Marsh India Insurance Brokers Management Trainee salary in Mumbai ranges between ₹8 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.

Marsh India Insurance Brokers Management Trainee salaries in Mumbai

Companies similar to Marsh India Insurance Brokers for Management Trainee in Mumbai

Latest annual salaries shared by Marsh India Insurance Brokers Management Trainee in Mumbai

Experience wise Marsh India Insurance Brokers Management Trainee 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 Management Trainee Salary FAQs

Tell us how to improve this page.