Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary13% 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.
(11
salaries)
|  ₹7.6 L/yr - ₹21.5 L/yr |
Customer Success, Service & Operations
Manager Salary
6 - 10
years
exp.
(4
salaries)
| ₹10.8 L/yr - ₹14.5 L/yr |
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| |
Marketing & Communication
Manager Salary
4 - 7
years
exp.
(AmbitionBox Estimate)
| ₹14.5 L/yr - ₹16 L/yr |
Sales & Business Development
Manager Salary
4 - 5
years
exp.
(AmbitionBox Estimate)
| ₹13.9 L/yr - ₹19 L/yr |
Consulting
Manager Salary
3 - 5
years
exp.
(AmbitionBox Estimate)
| ₹14.6 L/yr - ₹15.9 L/yr |
Companies similar to Marsh India Insurance Brokers for Manager in Mumbai
Marsh India Insurance Brokers
Manager Salary
3 - 10 years exp. (27 salaries) |  ₹7.9 L/yr - ₹21.5 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Aditya Birla Health Insurance Co Manager Salary
1 - 12 years exp. (135 salaries) | ₹5 L/yr - ₹17 L/yr 
28%
less | |
 Future Generali India Life Insurance Manager Salary
3 - 16 years exp. (77 salaries) | ₹6.2 L/yr - ₹19 L/yr
1%
less | 2 job openings |
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| ||
 Bharti AXA Life Insurance Manager Salary
3 - 16 years exp. (72 salaries) | ₹6.5 L/yr - ₹18.7 L/yr
11%
less | |
 Edelweiss Life Insurance Manager Salary
5 - 13 years exp. (65 salaries) | ₹4.9 L/yr - ₹14.2 L/yr
42%
less | |
 IndiaFirst Life Insurance Manager Salary
3 - 16 years exp. (51 salaries) | ₹6 L/yr - ₹16 L/yr
18%
less | |
 Medi Assist India Manager Salary
7 - 16 years exp. (28 salaries) | ₹5 L/yr - ₹12.7 L/yr
37%
less | 3 job openings |
 Paramount Health Services Tpa Manager Salary
6 - 13 years exp. (27 salaries) | ₹3.1 L/yr - ₹9.2 L/yr
57%
less | |
 Kotak Mahindra General Insurance Manager Salary
4 - 12 years exp. (26 salaries) | ₹3.8 L/yr - ₹8.5 L/yr
52%
less | |
 Ageas Federal Life Insurance Manager Salary
4 - 17 years exp. (22 salaries) | ₹9.5 L/yr - ₹21.9 L/yr 
8%
more | |
 Universal Sompo General Insurance Manager Salary
5 - 16 years exp. (18 salaries) | ₹9.4 L/yr - ₹16.8 L/yr
19%
less | |
 Mahindra Insurance Brokers Manager Salary
1 - 14 years exp. (13 salaries) | ₹6.1 L/yr - ₹15 L/yr
23%
less | |
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| ||
 Aegon Life Insurance Manager Salary
2 - 13 years exp. (11 salaries) | ₹6.4 L/yr - ₹22.7 L/yr
10%
less | |
 Cholamandalam MS General Insurance Manager Salary
3 - 11 years exp. (11 salaries) | ₹5.5 L/yr - ₹9.1 L/yr
43%
less | |
 Liberty General Insurance Manager Salary
8 - 15 years exp. (8 salaries) | ₹8.9 L/yr - ₹13.8 L/yr
24%
less | 2 job openings |
 Marsh Manager Salary
3 - 11 years exp. (6 salaries) | ₹8 L/yr - ₹25 L/yr
1%
less | |
Latest annual salaries shared by Marsh India Insurance Brokers Manager in Mumbai
Experience wise Marsh India Insurance Brokers Manager salaries in Mumbai
Last Updated: 31 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 3 years (3 salaries) |
₹6.3
L/yr
- ₹18
L/yr
|
| 4 years (8 salaries) |
₹11
L/yr
- ₹21.5
L/yr
|
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| |
| 5 years (3 salaries) |
₹14.6
L/yr
- ₹19
L/yr
|
| 6 years (3 salaries) |
₹9
L/yr
- ₹17
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹12.9
L/yr
- ₹16.5
L/yr
|
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Marsh India Insurance Brokers Manager Salary FAQs
The top 10% of Manager in Mumbai at Marsh India Insurance Brokers earn more than ₹18.8 Lakhs per year, and the top 1% earn over ₹21.5 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 20+ Marsh India Insurance Brokers employees in India.
| Ageas Federal Life Insurance | ₹9.5 Lakhs to ₹21.9 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.
| Future Generali India Life Insurance | ₹6.2 Lakhs to ₹19.0 Lakhs per year |
| Marsh | ₹8.0 Lakhs to ₹25.0 Lakhs per year |
| Aegon Life Insurance | ₹6.4 Lakhs to ₹22.7 Lakhs per year |
| Bharti AXA Life Insurance | ₹6.5 Lakhs to ₹18.7 Lakhs per year |
| IndiaFirst Life Insurance | ₹6.0 Lakhs to ₹16.0 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.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹6.3 Lakhs to ₹18.0 Lakhs per year |
| 4 years | ₹11.0 Lakhs to ₹21.5 Lakhs per year |
| 5 years | ₹14.6 Lakhs to ₹19.0 Lakhs per year |
| 6 years | ₹9.0 Lakhs to ₹17.0 Lakhs per year |
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Marsh India Insurance Brokers Manager salary
in
Mumbai
ranges between ₹7.9
Lakhs to ₹21.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
27
Marsh India Insurance Brokers latest salaries received from various employees of
Marsh India Insurance Brokers.