Search

Salaries

  • Reviews
  • Salaries
  • Interview Questions
  • About Company
  • Benefits
  • Jobs
  • Office Photos
  • Community
+ Contribute
notification
notification
Login
Upload Button Icon Add office photos
Employer? Claim Account for FREE

Marsh India Insurance Brokers

Compare button icon Compare button icon Compare
4.2

based on 117 Reviews

filter salariesFilter salaries by

Marsh India Insurance Brokers Senior Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
6 - 10 years exp.
₹10 Lakhs - ₹23.5 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

29% less than the average Senior Manager Salary in Insurance Companies for 6 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Senior Manager Salary
6 - 8 years exp. (3 salaries)
unlock-blur

₹16.4 L/yr - ₹23.5 L/yr

Customer Success, Service & Operations
Senior Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
unlock-blur

₹13.6 L/yr - ₹17 L/yr

Data Science & Analytics
Senior Manager Salary
10 years exp. (AmbitionBox Estimate)
unlock-blur

₹10 L/yr - ₹16.2 L/yr

Consulting
Senior Manager Salary
8 years exp. (AmbitionBox Estimate)
unlock-blur

₹13.8 L/yr - ₹21 L/yr

Last Updated: 8 Mar 2025

Companies similar to Marsh India Insurance Brokers for Senior Manager in Bangalore / Bengaluru

Logo
Marsh India Insurance Brokers Senior Manager Salary

6 - 10 years exp. (7 salaries)
unlock blur

₹10 L/yr - ₹23.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Medi Assist India Senior Manager Salary

8 - 19 years exp. (21 salaries)
unlock blur

₹6.7 L/yr - ₹17 L/yr

arrow icon 23% less
 3 job openings
Logo
AXA Business Services Senior Manager Salary

10 - 19 years exp. (13 salaries)
unlock blur

₹24 L/yr - ₹39 L/yr

arrow icon 103% more
Logo
Axa XL Senior Manager Salary

7 - 17 years exp. (13 salaries)
unlock blur

₹23.3 L/yr - ₹41 L/yr

arrow icon 116% more
Logo
Vidal Health Tpa Senior Manager Salary

8 - 17 years exp. (7 salaries)
unlock blur

₹11.7 L/yr - ₹22 L/yr

arrow icon 8% less
Logo
Bharti AXA Life Insurance Senior Manager Salary

9 - 16 years exp. (6 salaries)
unlock blur

₹11.2 L/yr - ₹19.6 L/yr

arrow icon 28% less
Logo
Aditya Birla Health Insurance Co Senior Manager Salary

4 - 8 years exp. (6 salaries)
unlock blur

₹4.1 L/yr - ₹14 L/yr

arrow icon 53% less
Logo
Ageas Federal Life Insurance Senior Manager Salary

18 - 20 years exp. (3 salaries)
unlock blur

₹16.8 L/yr - ₹20 L/yr

arrow icon 6% more
Logo
Kotak Mahindra General Insurance Senior Manager Salary

9 - 15 years exp. (3 salaries)
unlock blur

₹8 L/yr - ₹11 L/yr

arrow icon 39% less
Logo
Paramount Health Services Tpa Senior Manager Salary

13 - 16 years exp. (3 salaries)
unlock blur

₹6.7 L/yr - ₹9.2 L/yr

arrow icon 51% less
Senior Manager salary at Marsh India Insurance Brokers ranges between ₹10 Lakhs to ₹23.5 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Marsh India Insurance Brokers.

Latest annual salaries shared by Marsh India Insurance Brokers Senior Manager in Bangalore / Bengaluru

1mo ago
₹23.5 Lakhs
8 years exp.
1y ago
₹22 Lakhs
7 years exp.

Experience wise Marsh India Insurance Brokers Senior Manager salaries in Bangalore / Bengaluru

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

unlock blur

₹16.3 L/yr - ₹20.9 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹15.9 L/yr - ₹20.3 L/yr
8 years  (3 salaries)

unlock blur

₹17 L/yr - ₹23.5 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹15 L/yr - ₹19.2 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹14.6 L/yr - ₹18.6 L/yr
Marsh India Insurance Brokers Senior Manager Salary and Career Growth

From

To

Senior Manager

₹unlock blur Lakhs/yr

6 - 12 years exp.

Vice President

₹unlock blur Lakhs/yr

12 - 20 years exp.

Senior Manager 6 - 12 years exp.
unlock blur
Assistant Vice President 7 - 14 years exp.
unlock blur
arrow icon 27% hike
    Vice President 12 - 20 years exp.
    unlock blur
    arrow icon 32% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Marsh India Insurance Brokers

    Senior Process Associate Salary
    (5 salaries)
    unlock blur
    ₹4.85 L/yr - ₹6.5 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.

    read more
    • 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.

    read more
    • 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.

    read more

    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.

    read more
    • 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

    Discover interview dos and don'ts from real experiences

    Top trending discussions

    View All
    Salary Discussions, Hike & Promotions
    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?
    Got a question about Marsh India Insurance Brokers?
    Ask anonymously on communities.
    More about working at Marsh India Insurance Brokers

    Marsh India Insurance Brokers Senior Manager Salary FAQs

    What is the salary of Senior Manager at Marsh India Insurance Brokers in Bangalore / Bengaluru?
    The average salary of a Senior Manager at Marsh India Insurance Brokers in Bangalore / Bengaluru typically ranges from ₹10.0 Lakhs to ₹23.5 Lakhs per year, depending on experience (from 6 years to 10 years).

    The top 10% of Senior Manager in Bangalore / Bengaluru at Marsh India Insurance Brokers earn more than ₹23.2 Lakhs per year, and the top 1% earn over ₹23.5 Lakhs per year. Senior 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 7 Marsh India Insurance Brokers employees in India.
    What is the estimated take home salary of a Senior Manager at Marsh India Insurance Brokers in Bangalore / Bengaluru?
    The estimated take-home salary of a Senior Manager at Marsh India Insurance Brokers in Bangalore / Bengaluru typically ranges from ₹1,13,288 to ₹1,16,438 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹23.5 Lakhs per year for employees with experience ranging from 6 years to 10 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 7 salaries received from various employees of Marsh India Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than Marsh India Insurance Brokers for Senior Manager in India?
    Axa XL ₹23.3 Lakhs to ₹41.0 Lakhs per year
    AXA Business Services ₹24.0 Lakhs to ₹39.0 Lakhs per year
    Ageas Federal Life Insurance ₹16.8 Lakhs to ₹20.0 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.
    What is the salary of a Senior Manager in companies similar to Marsh India Insurance Brokers in Bangalore / Bengaluru?
    The salary of a Senior Manager at companies similar to Marsh India Insurance Brokers in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Vidal Health Tpa ₹11.7 Lakhs to ₹22.0 Lakhs per year
    Medi Assist India ₹6.7 Lakhs to ₹17.0 Lakhs per year
    Bharti AXA Life Insurance ₹11.2 Lakhs to ₹19.6 Lakhs per year
    Kotak Mahindra General Insurance ₹8.0 Lakhs to ₹11.0 Lakhs per year
    Paramount Health Services Tpa ₹6.7 Lakhs to ₹9.2 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 Senior Manager at Marsh India Insurance Brokers in Bangalore / Bengaluru?
    The salary growth for a Senior Manager at Marsh India Insurance Brokers in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Bangalore / Bengaluru can expect the following growth trajectory at Marsh India Insurance Brokers:

    Experience Average Salary Range
    6 years ₹16.3 Lakhs to ₹20.9 Lakhs per year
    7 years ₹15.9 Lakhs to ₹20.3 Lakhs per year
    8 years ₹17.0 Lakhs to ₹23.5 Lakhs per year
    9 years ₹15.0 Lakhs to ₹19.2 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Marsh India Insurance Brokers Senior Manager salary in Bangalore / Bengaluru ranges between ₹10 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.