Marsh India Insurance Brokers Mumbai Senior Manager Salaries by 20+ Employees (Updated 2025)

6 - 10 years exp.

₹11.5 Lakhs - ₹24.5 Lakhs

Salary of majority employees

13% less than the average Senior Manager Salary in Insurance Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 6 - 9 years exp. (10 salaries)	₹15.8 L/yr - ₹24 L/yr
Finance & Accounting Senior Manager Salary 8 - 10 years exp. (3 salaries)	₹11.5 L/yr - ₹20 L/yr
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Marketing & Communication Senior Manager Salary 6 - 7 years exp. (3 salaries)	₹14 L/yr - ₹24.5 L/yr
Sales & Business Development Senior Manager Salary 6 - 7 years exp. (3 salaries)	₹15 L/yr - ₹24 L/yr
Human Resources Senior Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹18.4 L/yr - ₹21 L/yr

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Last Updated: 24 Nov 2024

Companies similar to Marsh India Insurance Brokers for Senior Manager in Mumbai

Marsh India Insurance Brokers Senior Manager Salary

6 - 10 years exp. (29 salaries)

₹11.5 L/yr - ₹24.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Aon Senior Manager Salary 10 - 17 years exp. (3 salaries)	₹12 L/yr - ₹23.5 L/yr 1% less	1 job opening
Willis Towers Watson Senior Manager Salary 8 - 15 years exp. (7 salaries)	₹6 L/yr - ₹22 L/yr 31% less
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ICICI Lombard General Insurance Company Senior Manager Salary 0 - 18 years exp. (451 salaries)	₹4.5 L/yr - ₹15 L/yr 48% less	1 job opening
HDFC Ergo General Insurance Senior Manager Salary 5 - 19 years exp. (99 salaries)	₹7 L/yr - ₹25 L/yr 20% less
Tata AIG Senior Manager Salary 0 - 11 years exp. (192 salaries)	₹4.8 L/yr - ₹17.8 L/yr 38% less	5 job openings
Reliance General Insurance Senior Manager Salary 7 - 17 years exp. (32 salaries)	₹6.5 L/yr - ₹15 L/yr 41% less
Aditya Birla Health Insurance Co Senior Manager Salary 4 - 14 years exp. (63 salaries)	₹6.1 L/yr - ₹19.3 L/yr 41% less
Aegon Life Insurance Senior Manager Salary 4 - 16 years exp. (43 salaries)	₹7 L/yr - ₹25.4 L/yr 22% less
Future Generali India Life Insurance Senior Manager Salary 10 - 20 years exp. (43 salaries)	₹8.1 L/yr - ₹28 L/yr 8% more	1 job opening
Edelweiss Life Insurance Senior Manager Salary 7 - 18 years exp. (38 salaries)	₹9 L/yr - ₹27.8 L/yr 16% less
Bharti AXA Life Insurance Senior Manager Salary 7 - 17 years exp. (23 salaries)	₹9 L/yr - ₹22.3 L/yr 22% less
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Ageas Federal Life Insurance Senior Manager Salary 8 - 20 years exp. (22 salaries)	₹14 L/yr - ₹34.5 L/yr 16% more
Kotak Mahindra General Insurance Senior Manager Salary 6 - 16 years exp. (22 salaries)	₹6.7 L/yr - ₹13 L/yr 47% less
Medi Assist India Senior Manager Salary 10 - 18 years exp. (16 salaries)	₹7 L/yr - ₹17 L/yr 28% less	1 job opening
Universal Sompo General Insurance Senior Manager Salary 9 - 16 years exp. (12 salaries)	₹14.8 L/yr - ₹19.5 L/yr 7% less
Paramount Health Services Tpa Senior Manager Salary 9 - 20 years exp. (8 salaries)	₹5.1 L/yr - ₹8 L/yr 64% less
Digit Insurance Senior Manager Salary 5 - 14 years exp. (8 salaries)	₹16 L/yr - ₹28 L/yr 16% more
Cholamandalam MS General Insurance Senior Manager Salary 3 - 16 years exp. (3 salaries)	₹3.5 L/yr - ₹13.3 L/yr 57% less
Pramerica Life Insurance Senior Manager Salary 11 - 14 years exp. (3 salaries)	₹7.7 L/yr - ₹15.2 L/yr 50% less
Shriram General Insurance Senior Manager Salary 10 - 13 years exp. (3 salaries)	₹6 L/yr - ₹9 L/yr 53% less

Senior Manager salary at Marsh India Insurance Brokers ranges between ₹11.5 Lakhs to ₹24.5 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 29 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers Senior Manager salaries in Mumbai

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
6 years (7 salaries)	₹14 L/yr - ₹22.5 L/yr
7 years (10 salaries)	₹15.8 L/yr - ₹24.5 L/yr
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8 years (4 salaries)	₹18 L/yr - ₹22.2 L/yr
9 years (4 salaries)	₹11.5 L/yr - ₹20 L/yr
10 years (4 salaries)	₹11.5 L/yr - ₹20 L/yr

Similar Designation salaries in Marsh India Insurance Brokers

Relationship Manager Salary

(16 salaries)

₹8 L/yr - ₹18.15 L/yr

Salary related reviews for Marsh India Insurance Brokers

4.3

Rated by 6 employees for salary & benefits

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

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 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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2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Marsh India Insurance Brokers Senior Manager Salary FAQs

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

Senior Manager salary at Marsh India Insurance Brokers in Mumbai ranges between ₹11.5 Lakhs to ₹24.5 Lakhs for experience between 6 years to 10 years. According to our estimates it is 13% less than the average Senior Manager Salary in India. Salary estimates are based on 29 latest salaries received from various employees of Marsh India Insurance Brokers Mumbai.

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

The average salary of a Senior Manager at Marsh India Insurance Brokers is 13% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

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

Ageas Federal Life Insurance Senior Manager Salary - ₹14.0 Lakhs to ₹34.5 Lakhs per year
Digit Insurance Senior Manager Salary - ₹16.0 Lakhs to ₹28.0 Lakhs per year
Future Generali India Life Insurance Senior Manager Salary - ₹8.1 Lakhs to ₹28.0 Lakhs per year

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

Aon Senior Manager Salary - ₹12.0 Lakhs to ₹23.5 Lakhs per year
Universal Sompo General Insurance Senior Manager Salary - ₹14.8 Lakhs to ₹19.5 Lakhs per year
Edelweiss Life Insurance Senior Manager Salary - ₹9.0 Lakhs to ₹27.8 Lakhs per year
HDFC Ergo General Insurance Senior Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Bharti AXA Life Insurance Senior Manager Salary - ₹9.0 Lakhs to ₹22.3 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Marsh India Insurance Brokers ranges between ₹1,23,333 per month to ₹1,27,034 per month in Mumbai. The take-home salary calculation is based on the average Marsh India Insurance Brokers Senior Manager salary in India which ranges between ₹11.5 Lakhs to ₹24.5 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 93% of the Marsh India Insurance Brokers Senior Managers in Mumbai reported a notice period of 3 Months, 7% reported a notice period of 1 Month.This is based on 14 responses on AmbitionBox in last 2 years.

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Marsh India Insurance Brokers Senior Manager Salaries in Mumbai

Marsh India Insurance Brokers Senior Manager salary in Mumbai ranges between ₹11.5 Lakhs to ₹24.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.