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Marsh India Insurance Brokers Manager salaries in Mumbai (Updated 2025)

Annual salary range
3 - 10 years exp.
₹7.9 Lakhs - ₹20 Lakhs
Salary of majority employees
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Fixed (85%)
₹11.7 Lakhs
Variable (15%)
₹2.1 Lakhs
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16% less than the average Manager Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
3 - 8 years exp. (10 salaries)
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₹7.6 L/yr - ₹18 L/yr

Customer Success, Service & Operations
Manager Salary
6 - 10 years exp. (4 salaries)
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₹10.5 L/yr - ₹14.5 L/yr

Consulting
Manager Salary
3 - 5 years exp. (3 salaries)
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₹14.6 L/yr - ₹20 L/yr

Marketing & Communication
Manager Salary
4 - 7 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹16 L/yr

Sales & Business Development
Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹13.3 L/yr - ₹19 L/yr

Last Updated: 14 Feb 2025

Companies similar to Marsh India Insurance Brokers for Manager in Mumbai

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Marsh India Insurance Brokers Manager Salary

3 - 10 years exp. (27 salaries)

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₹7.9 L/yr - ₹20 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Aon Manager Salary

5 - 7 years exp. (3 salaries)

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₹12.2 L/yr - ₹16.5 L/yr

arrow icon 8% more
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Willis Towers Watson Manager Salary

7 - 20 years exp. (37 salaries)

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₹7 L/yr - ₹28 L/yr

arrow icon 23% more
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₹11.8 L/yr - ₹21 L/yr

arrow icon 23% more
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₹3 L/yr - ₹13 L/yr

arrow icon 47% less
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HDFC Ergo General Insurance Manager Salary

4 - 16 years exp. (145 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 27% less
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Tata AIG Manager Salary

1 - 11 years exp. (212 salaries)

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₹4 L/yr - ₹11 L/yr

arrow icon 50% less
7 job openings
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Reliance General Insurance Manager Salary

2 - 17 years exp. (79 salaries)

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₹5 L/yr - ₹13.7 L/yr

arrow icon 42% less
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Aditya Birla Health Insurance Co Manager Salary

1 - 12 years exp. (137 salaries)

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₹4.7 L/yr - ₹17 L/yr

arrow icon 25% less
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₹7 L/yr - ₹22.3 L/yr

arrow icon 4% more
2 job openings
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Bharti AXA Life Insurance Manager Salary

3 - 16 years exp. (67 salaries)

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₹6.5 L/yr - ₹17.4 L/yr

arrow icon 9% less
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Edelweiss Life Insurance Manager Salary

5 - 13 years exp. (64 salaries)

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₹4.9 L/yr - ₹15.2 L/yr

arrow icon 38% less
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IndiaFirst Life Insurance Manager Salary

1 - 13 years exp. (48 salaries)

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₹6 L/yr - ₹22.2 L/yr

arrow icon 7% less
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Medi Assist India Manager Salary

7 - 16 years exp. (28 salaries)

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₹4 L/yr - ₹11.5 L/yr

arrow icon 35% less
3 job openings
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Paramount Health Services Tpa Manager Salary

6 - 13 years exp. (27 salaries)

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₹3.1 L/yr - ₹9.2 L/yr

arrow icon 56% less
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Kotak Mahindra General Insurance Manager Salary

4 - 12 years exp. (26 salaries)

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₹3.8 L/yr - ₹8.5 L/yr

arrow icon 50% less
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Ageas Federal Life Insurance Manager Salary

4 - 17 years exp. (23 salaries)

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₹9.5 L/yr - ₹21.9 L/yr

arrow icon 16% more
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₹9.4 L/yr - ₹16.8 L/yr

arrow icon 16% less
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₹5.5 L/yr - ₹8.9 L/yr

arrow icon 41% less
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Liberty General Insurance Manager Salary

8 - 15 years exp. (8 salaries)

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₹8.9 L/yr - ₹13.8 L/yr

arrow icon 20% less
2 job openings

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Manager salary at Marsh India Insurance Brokers ranges between ₹7.9 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 27 latest salaries received from various employees of Marsh India Insurance Brokers.

Latest annual salaries shared by Marsh India Insurance Brokers Manager in Mumbai

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Experience wise Marsh India Insurance Brokers Manager salaries in Mumbai

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
3 years  (4 salaries)

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₹6.1 L/yr - ₹20 L/yr
4 years  (7 salaries)

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₹11 L/yr - ₹19 L/yr
5 years  (3 salaries)

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₹5.8 L/yr - ₹19 L/yr
6 years  (3 salaries)

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₹9 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)

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₹10 L/yr - ₹14 L/yr
View all

Similar Designation salaries in Marsh India Insurance Brokers

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₹12.65 L/yr - ₹28.75 L/yr
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₹2.9 L/yr - ₹7.5 L/yr
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₹9.6 L/yr - ₹12 L/yr
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₹8 L/yr - ₹11 L/yr

Salary related reviews for Marsh India Insurance Brokers

4.0

Rated by 2 employees for salary & benefits

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

 · 

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.

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  • Salary - Good
  • +5 more

Dislikes

Nothing to share about dislikes

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.

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Full Time

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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.

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  • 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.

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Marsh India Insurance Brokers Manager Salary FAQs

What is the salary of Manager at Marsh India Insurance Brokers Mumbai?
Manager salary at Marsh India Insurance Brokers in Mumbai ranges between ₹7.9 Lakhs to ₹20.0 Lakhs for experience between 3 years to 10 years. According to our estimates it is 16% less than the average Manager Salary in India. Salary estimates are based on 27 latest salaries received from various employees of Marsh India Insurance Brokers Mumbai.
How does the salary of a Manager at Marsh India Insurance Brokers Mumbai compare with the average salary range for this job?
The average salary of a Manager at Marsh India Insurance Brokers is 16% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Marsh India Insurance Brokers to a Manager in Mumbai?
  • Willis Towers Watson Manager Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year
  • Bajaj Allianz General Insurance Manager Salary - ₹11.8 Lakhs to ₹21.0 Lakhs per year
  • Ageas Federal Life Insurance Manager Salary - ₹9.5 Lakhs to ₹21.9 Lakhs per year
  • Aon Manager Salary - ₹12.2 Lakhs to ₹16.5 Lakhs per year
  • Future Generali India Life Insurance Manager Salary - ₹7.0 Lakhs to ₹22.3 Lakhs per year
What is the salary of a Manager in companies similar to Marsh India Insurance Brokers in Mumbai?
  • IndiaFirst Life Insurance Manager Salary - ₹6.0 Lakhs to ₹22.2 Lakhs per year
  • Bharti AXA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹17.4 Lakhs per year
  • Universal Sompo General Insurance Manager Salary - ₹9.4 Lakhs to ₹16.8 Lakhs per year
  • Liberty General Insurance Manager Salary - ₹8.9 Lakhs to ₹13.8 Lakhs per year
  • Aditya Birla Health Insurance Co Manager Salary - ₹4.7 Lakhs to ₹17.0 Lakhs per year
What is the estimated take home salary of a Manager at Marsh India Insurance Brokers in Mumbai?
The estimated take-home salary of a Manager at Marsh India Insurance Brokers ranges between ₹96,492 per month to ₹99,100 per month in Mumbai. The take-home salary calculation is based on the average Marsh India Insurance Brokers Manager salary in India which ranges between ₹7.9 Lakhs to ₹20.0 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Manager at Marsh India Insurance Brokers in Mumbai?
According to AmbitionBox, 79% of the Marsh India Insurance Brokers Managers in Mumbai reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Marsh India Insurance Brokers Manager salary in Mumbai ranges between ₹7.9 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.