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Marsh India Insurance Brokers Senior Manager salaries in Gurgaon / Gurugram

Annual salary range
8 - 12 years exp.
₹11.6 Lakhs - ₹16.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Senior Manager Salary in Insurance Companies for 8 - 12 years of experience

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Salaries in different departments

Consulting
Senior Manager Salary
8 - 10 years exp. (3 salaries)
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₹11.6 L/yr - ₹16.5 L/yr

Finance & Accounting
Senior Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹13.3 L/yr - ₹15.4 L/yr

Last Updated: 19 Dec 2024

Companies similar to Marsh India Insurance Brokers for Senior Manager in Gurgaon / Gurugram

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Marsh India Insurance Brokers Senior Manager Salary

8 - 12 years exp. (4 salaries)

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₹11.6 L/yr - ₹16.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axa XL Senior Manager Salary

9 - 16 years exp. (26 salaries)

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₹20 L/yr - ₹41.3 L/yr

arrow icon 119% more
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Pramerica Life Insurance Senior Manager Salary

13 - 19 years exp. (16 salaries)

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₹9.9 L/yr - ₹22 L/yr

arrow icon 14% less
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MetLife Senior Manager Salary

10 - 18 years exp. (4 salaries)

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₹37.6 L/yr - ₹46 L/yr

arrow icon 155% more
1 job opening
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Marsh Senior Manager Salary

5 - 9 years exp. (3 salaries)

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₹15 L/yr - ₹20 L/yr

arrow icon 11% more
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Family Health Plan Senior Manager Salary

12 - 18 years exp. (3 salaries)

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₹9 L/yr - ₹11.5 L/yr

arrow icon 31% less
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Edelweiss Life Insurance Senior Manager Salary

16 - 20 years exp. (3 salaries)

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₹11 L/yr - ₹14.3 L/yr

arrow icon 23% less
Senior Manager salary at Marsh India Insurance Brokers ranges between ₹11.6 Lakhs to ₹16.5 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Marsh India Insurance Brokers.

Latest annual salaries shared by Marsh India Insurance Brokers Senior Manager in Gurgaon / Gurugram

3mo ago
₹16.5 Lakhs
10 years exp.
10mo ago
₹11.6 Lakhs
9 years exp.
11mo ago
₹11.6 Lakhs
8 years exp.

Experience wise Marsh India Insurance Brokers Senior Manager salaries in Gurgaon / Gurugram

Last Updated: 19 Dec 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹14.2 L/yr - ₹18.1 L/yr
9 years (AmbitionBox Estimate)

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₹13.8 L/yr - ₹17.6 L/yr
10 years (AmbitionBox Estimate)

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₹13.3 L/yr - ₹17 L/yr
11 years (AmbitionBox Estimate)

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₹12.9 L/yr - ₹16.4 L/yr
12 years (AmbitionBox Estimate)

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₹12.4 L/yr - ₹15.9 L/yr
Marsh India Insurance Brokers Senior Manager Salary and Career Growth

From

To

Senior Manager

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6 - 12 years exp.

Vice President

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12 - 20 years exp.

Senior Manager 6 - 12 years exp.
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Assistant Vice President 7 - 14 years exp.
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arrow icon 27% hike
    Vice President 12 - 20 years exp.
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    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

    Sales Manager Salary
    (4 salaries)
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    ₹19 L/yr - ₹26 L/yr

    Salary related reviews for Marsh India Insurance Brokers

    4.0

    Rated by 1 employees for salary & benefits

    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

    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

    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

    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

    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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    Marsh India Insurance Brokers Senior Manager Salary FAQs

    What is the salary of Senior Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram?
    The average salary of a Senior Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram typically ranges from ₹11.6 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 8 years to 12 years).

    The top 10% of Senior Manager in Gurgaon / Gurugram at Marsh India Insurance Brokers earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹16.5 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 4 Marsh India Insurance Brokers employees in India.
    What is the estimated take home salary of a Senior Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram?
    The estimated take-home salary of a Senior Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram typically ranges from ₹1,05,180 to ₹1,08,069 per month. This is based on the average salary range of ₹11.6 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 8 years to 12 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.
    Which companies offer higher salaries than Marsh India Insurance Brokers for Senior Manager in India?
    MetLife ₹37.6 Lakhs to ₹46.0 Lakhs per year
    Axa XL ₹20.0 Lakhs to ₹41.3 Lakhs per year
    Marsh ₹15.0 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 Gurgaon / Gurugram?
    The salary of a Senior Manager at companies similar to Marsh India Insurance Brokers in Gurgaon / Gurugram varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Pramerica Life Insurance ₹9.9 Lakhs to ₹22.0 Lakhs per year
    Edelweiss Life Insurance ₹11.0 Lakhs to ₹14.3 Lakhs per year
    Family Health Plan ₹9.0 Lakhs to ₹11.5 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 Senior Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram?
    The salary growth for a Senior Manager at Marsh India Insurance Brokers in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Gurgaon / Gurugram can expect the following growth trajectory at Marsh India Insurance Brokers:

    Experience Average Salary Range
    8 years ₹14.2 Lakhs to ₹18.1 Lakhs per year
    9 years ₹13.8 Lakhs to ₹17.6 Lakhs per year
    10 years ₹13.3 Lakhs to ₹17.0 Lakhs per year
    11 years ₹12.9 Lakhs to ₹16.4 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Marsh India Insurance Brokers Senior Manager salary in Gurgaon / Gurugram ranges between ₹11.6 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.