Marsh India Insurance Brokers Sales Manager Salaries by 4 Employees

8 - 11 years exp.

₹19 Lakhs - ₹26 Lakhs

Avg. annual salary

Monthly In-hand Salary

218% more than the average Sales Manager Salary in Insurance Companies for 8 - 11 years of experience

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Last Updated: 8 Nov 2023

Companies similar to Marsh India Insurance Brokers for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 8 years exp. (412 salaries)	₹2.6 L/yr - ₹5.1 L/yr 82% less
Future Generali India Life Insurance Sales Manager Salary 0 - 9 years exp. (207 salaries)	₹2.2 L/yr - ₹5.7 L/yr 83% less	44 job openings
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Cholamandalam MS General Insurance Sales Manager Salary 1 - 10 years exp. (204 salaries)	₹1.7 L/yr - ₹6 L/yr 81% less
Pramerica Life Insurance Sales Manager Salary 0 - 7 years exp. (147 salaries)	₹2 L/yr - ₹4.7 L/yr 85% less	27 job openings
Bharti AXA Life Insurance Sales Manager Salary 1 - 12 years exp. (119 salaries)	₹2.1 L/yr - ₹7.4 L/yr 81% less
Edelweiss Life Insurance Sales Manager Salary 3 - 9 years exp. (41 salaries)	₹2.5 L/yr - ₹6 L/yr 82% less
Ageas Federal Life Insurance Sales Manager Salary 1 - 10 years exp. (25 salaries)	₹2.9 L/yr - ₹7.6 L/yr 80% less
MetLife Sales Manager Salary 1 - 7 years exp. (22 salaries)	₹1.8 L/yr - ₹4 L/yr 86% less
IndiaFirst Life Insurance Sales Manager Salary 2 - 8 years exp. (18 salaries)	₹2.4 L/yr - ₹6.1 L/yr 82% less
Liberty General Insurance Sales Manager Salary 4 - 10 years exp. (16 salaries)	₹2.8 L/yr - ₹8.2 L/yr 76% less
Universal Sompo General Insurance Sales Manager Salary 3 - 15 years exp. (13 salaries)	₹2.1 L/yr - ₹6.5 L/yr 76% less
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Aegon Life Insurance Sales Manager Salary 3 - 9 years exp. (12 salaries)	₹3.5 L/yr - ₹6 L/yr 80% less
Smc Insurance Brokers Sales Manager Salary 4 - 13 years exp. (7 salaries)	₹3.4 L/yr - ₹5 L/yr 83% less
Kotak Mahindra General Insurance Sales Manager Salary 7 - 8 years exp. (7 salaries)	₹4.3 L/yr - ₹6.5 L/yr 77% less
Mahindra Insurance Brokers Sales Manager Salary 5 - 15 years exp. (6 salaries)	₹3.2 L/yr - ₹5 L/yr 81% less
Shriram General Insurance Sales Manager Salary 2 - 13 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 86% less
CignaTTk Health Insurance Sales Manager Salary 1 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹3.1 L/yr 87% less
Medi Assist India Sales Manager Salary 1 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹14.2 L/yr 67% less
Europ Assistance India Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹4.6 L/yr - ₹5.5 L/yr 78% less

Sales Manager salary at Marsh India Insurance Brokers ranges between ₹19 Lakhs to ₹26 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers Sales Manager salaries

Last Updated: 8 Nov 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹19 L/yr - ₹19 L/yr
9 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹37.9 L/yr
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10 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)	₹26 L/yr - ₹26 L/yr

Similar Designation salaries in Marsh India Insurance Brokers

Deputy Manager Salary

(3 salaries)

₹8.5 L/yr - ₹11 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.2 L/yr

Relationship Manager Salary

(20 salaries)

₹7 L/yr - ₹17.9 L/yr

Team Lead Salary

(4 salaries)

₹6 L/yr - ₹12 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

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.

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Marsh India Insurance Brokers Sales Manager Salary FAQs

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

The average salary of a Sales Manager at Marsh India Insurance Brokers in India typically ranges from ₹19.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Sales Manager at Marsh India Insurance Brokers earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Sales 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 4 Marsh India Insurance Brokers employees in India.

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

The estimated take-home salary of a Sales Manager at Marsh India Insurance Brokers in India typically ranges from ₹1,44,748 to ₹1,50,157 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 8 years to 11 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 4 salaries received from various employees of Marsh India Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Sales Manager at companies similar to Marsh India Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Medi Assist India	₹1.9 Lakhs to ₹14.2 Lakhs per year
Universal Sompo General Insurance	₹2.1 Lakhs to ₹6.5 Lakhs per year
Liberty General Insurance	₹2.8 Lakhs to ₹8.2 Lakhs per year
Kotak Mahindra General Insurance	₹4.3 Lakhs to ₹6.5 Lakhs per year
Europ Assistance India	₹4.6 Lakhs to ₹5.5 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 Sales Manager at Marsh India Insurance Brokers in India?

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

Experience	Average Salary Range
8 years	₹19.0 Lakhs to ₹19.0 Lakhs per year
9 years	₹19.5 Lakhs to ₹37.9 Lakhs per year
10 years	₹9.5 Lakhs to ₹25.0 Lakhs per year
11 years	₹26.0 Lakhs to ₹26.0 Lakhs per year

and so on.

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Marsh India Insurance Brokers Sales Manager Salaries

Marsh India Insurance Brokers Sales Manager salary in India ranges between ₹19 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.