Marsh India Insurance Brokers Process Associate Level 1 Salaries by 2 Employees

1 - 3 years exp.

₹4 Lakhs - ₹5.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 6 Jul 2023

Companies similar to Marsh India Insurance Brokers for Process Associate Level 1

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TCS Process Associate Level 1 Salary 0 - 6 years exp. (360 salaries)	₹1.6 L/yr - ₹4.9 L/yr 35% less
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AGS Health Process Associate Level 1 Salary 1 - 3 years exp. (82 salaries)	₹1.3 L/yr - ₹5 L/yr 30% less

Process Associate Level 1 salary at Marsh India Insurance Brokers ranges between ₹4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Marsh India Insurance Brokers.

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Salary related reviews for Marsh India Insurance Brokers

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.

Salary - Good

+5 more

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.

Job security - Good

+2 more

Dislikes

Pay structure Work life balance

Salary - Poor

+1 more

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.

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.

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.

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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 Process Associate Level 1 Salary FAQs

How the salary growth look like for a Process Associate Level 1 at Marsh India Insurance Brokers in India?

The salary growth for a Process Associate Level 1 at Marsh India Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Process Associate Level 1 can expect the following growth trajectory at Marsh India Insurance Brokers:

Experience	Average Salary Range
1 year	₹5.2 Lakhs to ₹6.7 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Marsh India Insurance Brokers Process Associate Level 1 Salaries

Marsh India Insurance Brokers Process Associate Level 1 salary in India ranges between ₹4 Lakhs to ₹5.1 Lakhs. This is an estimate based on latest salaries received from employees of Marsh India Insurance Brokers.