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Marsh India Insurance Brokers

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4.2

based on 117 Reviews

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Marsh India Insurance Brokers Manager salaries in Gurgaon / Gurugram

Annual salary range
5 - 10 years exp.
₹6.3 Lakhs - ₹12.9 Lakhs
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
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Monthly In-hand Salary

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36% less than the average Manager Salary in Insurance Companies for 5 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Risk Management & Compliance
Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹8.8 L/yr - ₹10.8 L/yr

BFSI, Investments & Trading
Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹12.9 L/yr

Sales & Business Development
Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹14.1 L/yr

Last Updated: 10 Jul 2024

Companies similar to Marsh India Insurance Brokers for Manager in Gurgaon / Gurugram

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Marsh India Insurance Brokers Manager Salary

5 - 10 years exp. (6 salaries)
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₹6.3 L/yr - ₹12.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axa XL Manager Salary

8 - 14 years exp. (31 salaries)
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₹15.8 L/yr - ₹32.8 L/yr

arrow icon 97% more
 1 job opening
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Pramerica Life Insurance Manager Salary

8 - 16 years exp. (14 salaries)
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₹7.8 L/yr - ₹15 L/yr

arrow icon 7% less
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Family Health Plan Manager Salary

9 - 15 years exp. (6 salaries)
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₹6 L/yr - ₹12.3 L/yr

arrow icon 26% less
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AXA Business Services Manager Salary

11 - 17 years exp. (6 salaries)
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₹18 L/yr - ₹30 L/yr

arrow icon 141% more
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MetLife Manager Salary

12 - 17 years exp. (5 salaries)
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₹19.7 L/yr - ₹39 L/yr

arrow icon 159% more
 3 job openings
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Universal Sompo General Insurance Manager Salary

7 - 17 years exp. (4 salaries)
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₹10 L/yr - ₹12.1 L/yr

arrow icon 7% less
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Bharti AXA Life Insurance Manager Salary

7 - 9 years exp. (3 salaries)
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₹10.3 L/yr - ₹13.7 L/yr

arrow icon 2% less
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Aditya Birla Health Insurance Co Manager Salary

7 - 9 years exp. (3 salaries)
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₹7 L/yr - ₹11 L/yr

arrow icon 23% less
Manager salary at Marsh India Insurance Brokers ranges between ₹6.3 Lakhs to ₹12.9 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Marsh India Insurance Brokers.

Latest annual salaries shared by Marsh India Insurance Brokers Manager in Gurgaon / Gurugram

9mo ago
₹10.8 Lakhs
8 years exp.
1y ago
₹8.8 Lakhs
7 years exp.
1y ago
₹8.5 Lakhs
9 years exp.

Experience wise Marsh India Insurance Brokers Manager salaries in Gurgaon / Gurugram

Last Updated: 10 Jul 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹11 L/yr - ₹14.1 L/yr
6 years (AmbitionBox Estimate)

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₹10.7 L/yr - ₹13.7 L/yr
7 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr
8 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
9 years (AmbitionBox Estimate)

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₹9.8 L/yr - ₹12.6 L/yr
View all

Similar Designation salaries in Marsh India Insurance Brokers

Assistant Vice President Salary
(7 salaries)
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₹17.5 L/yr - ₹25 L/yr

Salary related reviews for Marsh India Insurance Brokers

1.1

Rated by 2 employees for salary & benefits

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.

read more
  • Job security - Good
    • +2 more

Dislikes

Pay structure Work life balance

  • Salary - Poor
    • +1 more

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.

read more
  • Salary - Good
    • +5 more

Dislikes

Nothing to share about dislikes

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.

read more

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.

read more
  • 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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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Marsh India Insurance Brokers Manager Salary FAQs

What is the salary of Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram?
The average salary of a Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram typically ranges from ₹6.3 Lakhs to ₹12.9 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Manager in Gurgaon / Gurugram at Marsh India Insurance Brokers earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. 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 6 Marsh India Insurance Brokers employees in India.
What is the estimated take home salary of a Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram?
The estimated take-home salary of a Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram typically ranges from ₹82,594 to ₹84,750 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹12.9 Lakhs per year for employees with experience ranging from 5 years to 10 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 Manager in India?
MetLife ₹19.7 Lakhs to ₹39.0 Lakhs per year
AXA Business Services ₹18.0 Lakhs to ₹30.0 Lakhs per year
Axa XL ₹15.8 Lakhs to ₹32.8 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 Manager in companies similar to Marsh India Insurance Brokers in Gurgaon / Gurugram?
The salary of a Manager at companies similar to Marsh India Insurance Brokers in Gurgaon / Gurugram varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharti AXA Life Insurance ₹10.3 Lakhs to ₹13.7 Lakhs per year
Pramerica Life Insurance ₹7.8 Lakhs to ₹15.0 Lakhs per year
Universal Sompo General Insurance ₹10.0 Lakhs to ₹12.1 Lakhs per year
Aditya Birla Health Insurance Co ₹7.0 Lakhs to ₹11.0 Lakhs per year
Family Health Plan ₹6.0 Lakhs to ₹12.3 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 Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram?
The salary growth for a Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Manager in Gurgaon / Gurugram can expect the following growth trajectory at Marsh India Insurance Brokers:

Experience Average Salary Range
5 years ₹11.0 Lakhs to ₹14.1 Lakhs per year
6 years ₹10.7 Lakhs to ₹13.7 Lakhs per year
7 years ₹10.4 Lakhs to ₹13.3 Lakhs per year
8 years ₹10.1 Lakhs to ₹12.9 Lakhs per year
and so on.

Tell us how to improve this page.

Marsh India Insurance Brokers Manager salary in Gurgaon / Gurugram ranges between ₹6.3 Lakhs to ₹12.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.