Marsh India Insurance Brokers Manager Salaries by 50+ Employees (Updated 2024)

3 - 11 years exp.

₹4.9 Lakhs - ₹20 Lakhs

Salary of majority employees

24% less than the average Manager Salary in Insurance Companies for 3 - 11 years of experience

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Last Updated: 21 Nov 2024

Companies similar to Marsh India Insurance Brokers for Manager

Company name	Avg Annual Salary	Open Jobs
Aon Manager Salary 5 - 15 years exp. (115 salaries)	₹8 L/yr - ₹28 L/yr 33% more	1 job opening
Willis Towers Watson Manager Salary 8 - 19 years exp. (48 salaries)	₹6.2 L/yr - ₹24.1 L/yr 17% more
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Bajaj Allianz General Insurance Manager Salary 6 - 19 years exp. (113 salaries)	₹7.2 L/yr - ₹30 L/yr 43% more
ICICI Lombard General Insurance Company Manager Salary 0 - 14 years exp. (292 salaries)	₹3.5 L/yr - ₹12.2 L/yr 42% less
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (433 salaries)	₹4.5 L/yr - ₹16.4 L/yr 21% less
The New India Assurance Co. Manager Salary 30 - 31 years exp. (3 salaries)	₹14 L/yr - ₹24 L/yr 63% more
Tata AIG Manager Salary 1 - 10 years exp. (424 salaries)	₹3.7 L/yr - ₹11.1 L/yr 46% less	5 job openings
Reliance General Insurance Manager Salary 2 - 17 years exp. (159 salaries)	₹3.7 L/yr - ₹11.2 L/yr 38% less
Cholamandalam MS General Insurance Manager Salary 3 - 13 years exp. (115 salaries)	₹3.1 L/yr - ₹10.9 L/yr 43% less
Future Generali India Life Insurance Manager Salary 4 - 18 years exp. (131 salaries)	₹6.2 L/yr - ₹22.3 L/yr 8% more	1 job opening
Aditya Birla Health Insurance Co Manager Salary 2 - 13 years exp. (198 salaries)	₹4.5 L/yr - ₹15.8 L/yr 18% less
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Bharti AXA Life Insurance Manager Salary 2 - 16 years exp. (121 salaries)	₹4.7 L/yr - ₹18 L/yr 10% less
Edelweiss Life Insurance Manager Salary 3 - 12 years exp. (93 salaries)	₹4.9 L/yr - ₹14 L/yr 27% less
Kotak Mahindra General Insurance Manager Salary 4 - 13 years exp. (81 salaries)	₹3.8 L/yr - ₹9.2 L/yr 41% less
Medi Assist India Manager Salary 8 - 18 years exp. (110 salaries)	₹5 L/yr - ₹15 L/yr 24% less	4 job openings
Pramerica Life Insurance Manager Salary 2 - 16 years exp. (33 salaries)	₹6.9 L/yr - ₹15.1 L/yr 28% less	1 job opening
Digit Insurance Manager Salary 3 - 16 years exp. (50 salaries)	₹9.3 L/yr - ₹20.3 L/yr 27% more
Shriram General Insurance Manager Salary 4 - 15 years exp. (25 salaries)	₹3.5 L/yr - ₹11.8 L/yr 42% less
Paramount Health Services Tpa Manager Salary 3 - 13 years exp. (58 salaries)	₹2.1 L/yr - ₹9.2 L/yr 56% less
Universal Sompo General Insurance Manager Salary 7 - 18 years exp. (26 salaries)	₹7.5 L/yr - ₹17 L/yr 13% less

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Manager salary at Marsh India Insurance Brokers ranges between ₹4.9 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 57 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers Manager salaries

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
3 years (6 salaries)	₹9 L/yr - ₹20 L/yr
4 years (14 salaries)	₹8.6 L/yr - ₹19 L/yr
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5 years (9 salaries)	₹6.3 L/yr - ₹19 L/yr
6 years (5 salaries)	₹9 L/yr - ₹17 L/yr
7 years (3 salaries)	₹8.8 L/yr - ₹14 L/yr
8 years (5 salaries)	₹7.6 L/yr - ₹21.4 L/yr
9 years (6 salaries)	₹4.7 L/yr - ₹12.5 L/yr
10 years (8 salaries)	₹5.1 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹19.9 L/yr

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Similar Designation salaries in Marsh India Insurance Brokers

Deputy Manager Salary

(3 salaries)

₹6.7 L/yr - ₹20 L/yr

Finance Manager Salary

(4 salaries)

₹9.6 L/yr - ₹12 L/yr

Management Trainee Salary

(16 salaries)

₹8 L/yr - ₹13 L/yr

Senior Analyst Salary

(3 salaries)

₹3.3 L/yr - ₹11.8 L/yr

Senior Associate Salary

(22 salaries)

₹2.59 L/yr - ₹7.5 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Assistant Vice President Salary

(50 salaries)

₹12.65 L/yr - ₹28.75 L/yr

Salary related reviews for Marsh India Insurance Brokers

3.9

Rated by 3 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.

Dislikes

Pay structure Work life balance

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

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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Salary Discussions, Hike & Promotions

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 Manager Salary FAQs

What is the salary of Manager at Marsh India Insurance Brokers?

Manager salary at Marsh India Insurance Brokers in India ranges between ₹4.9 Lakhs to ₹20.0 Lakhs for experience between 3 years to 11 years. According to our estimates it is 24% less than the average Manager Salary in India. Salary estimates are based on 57 latest salaries received from various employees of Marsh India Insurance Brokers India.

How does the salary of a Manager at Marsh India Insurance Brokers India compare with the average salary range for this job?

The average salary of a Manager at Marsh India Insurance Brokers is 24% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Marsh India Insurance Brokers to a Manager in India?

MetLife Manager Salary - ₹15.0 Lakhs to ₹52.0 Lakhs per year
The New India Assurance Co. Manager Salary - ₹14.0 Lakhs to ₹24.0 Lakhs per year
Bajaj Allianz General Insurance Manager Salary - ₹7.2 Lakhs to ₹30.0 Lakhs per year
Ageas Federal Life Insurance Manager Salary - ₹9.5 Lakhs to ₹21.9 Lakhs per year
Aon Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year

What is the salary of a Manager in companies similar to Marsh India Insurance Brokers in India?

Digit Insurance Manager Salary - ₹9.3 Lakhs to ₹20.3 Lakhs per year
Aegon Life Insurance Manager Salary - ₹6.4 Lakhs to ₹15.5 Lakhs per year
Willis Towers Watson Manager Salary - ₹6.2 Lakhs to ₹24.1 Lakhs per year
Future Generali India Life Insurance Manager Salary - ₹6.2 Lakhs to ₹22.3 Lakhs per year
Bharti AXA Life Insurance Manager Salary - ₹4.7 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Manager at Marsh India Insurance Brokers in India?

The estimated take-home salary of a Manager at Marsh India Insurance Brokers ranges between ₹86,331 per month to ₹88,592 per month in India. The take-home salary calculation is based on the average Marsh India Insurance Brokers Manager salary in India which ranges between ₹4.9 Lakhs to ₹20.0 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Manager at Marsh India Insurance Brokers?

According to AmbitionBox, 100% of the Marsh India Insurance Brokers Managers reported a notice period of 3 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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Marsh India Insurance Brokers Manager Salaries

Marsh India Insurance Brokers Manager salary in India ranges between ₹4.9 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 57 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.