Marsh India Insurance Brokers Mumbai Senior Relationship Manager Salaries by 5 Employees (Updated 2025)

4 - 8 years exp.

₹9 Lakhs - ₹20.6 Lakhs

Salary of majority employees

137% more than the average Senior Relationship Manager Salary in Insurance Companies for 4 - 8 years of experience

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Last Updated: 1 Feb 2025

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

Marsh India Insurance Brokers Senior Relationship Manager Salary

4 - 8 years exp. (5 salaries)

₹9 L/yr - ₹20.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Senior Relationship Manager Salary 6 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹6.5 L/yr 61% less	5 job openings
ICICI Lombard General Insurance Company Senior Relationship Manager Salary 3 - 11 years exp. (29 salaries)	₹5.2 L/yr - ₹7.4 L/yr 54% less
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Tata AIG Senior Relationship Manager Salary 4 - 9 years exp. (7 salaries)	₹3.8 L/yr - ₹6.8 L/yr 55% less
Future Generali India Life Insurance Senior Relationship Manager Salary 2 - 9 years exp. (14 salaries)	₹3 L/yr - ₹5 L/yr 71% less	2 job openings
Ageas Federal Life Insurance Senior Relationship Manager Salary 3 - 7 years exp. (9 salaries)	₹3.5 L/yr - ₹4.5 L/yr 67% less
Bharti AXA Life Insurance Senior Relationship Manager Salary 2 - 10 years exp. (8 salaries)	₹4.1 L/yr - ₹5.1 L/yr 64% less
Edelweiss Life Insurance Senior Relationship Manager Salary 2 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.3 L/yr 69% less
Aditya Birla Health Insurance Co Senior Relationship Manager Salary 7 - 9 years exp. (5 salaries)	₹9 L/yr - ₹15.6 L/yr 7% less
Cholamandalam MS General Insurance Senior Relationship Manager Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹4.8 L/yr 68% less

Senior Relationship Manager salary at Marsh India Insurance Brokers ranges between ₹9 Lakhs to ₹20.6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers Senior Relationship Manager salaries in Mumbai

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹9 L/yr - ₹22.7 L/yr
5 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹23.8 L/yr
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6 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹15.9 L/yr
7 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹20.6 L/yr

From

Senior Relationship Manager

₹

Lakhs/yr

4 - 9 years exp.

Vice President

₹

Lakhs/yr

11 - 20 years exp.

Senior Relationship Manager 4 - 9 years exp.

Assistant Vice President 7 - 14 years exp.

45% hike

Vice President 11 - 20 years exp.

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

Relationship Manager Salary

(15 salaries)

₹8 L/yr - ₹17.9 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.

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Marsh India Insurance Brokers Senior Relationship Manager Salary FAQs

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

Senior Relationship Manager salary at Marsh India Insurance Brokers in Mumbai ranges between ₹9.0 Lakhs to ₹20.6 Lakhs for experience between 4 years to 8 years. According to our estimates it is 137% more than the average Senior Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Marsh India Insurance Brokers Mumbai.

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

The average salary of a Senior Relationship Manager at Marsh India Insurance Brokers is 137% more than the average salary of a Senior Relationship Manager in Mumbai. To know exact salary insights, login to view.

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

Aditya Birla Health Insurance Co Senior Relationship Manager Salary - ₹9.0 Lakhs to ₹15.6 Lakhs per year
ICICI Lombard General Insurance Company Senior Relationship Manager Salary - ₹5.2 Lakhs to ₹7.4 Lakhs per year
Tata AIG Senior Relationship Manager Salary - ₹3.8 Lakhs to ₹6.8 Lakhs per year
Bajaj Allianz General Insurance Senior Relationship Manager Salary - ₹3.5 Lakhs to ₹6.5 Lakhs per year
Bharti AXA Life Insurance Senior Relationship Manager Salary - ₹4.1 Lakhs to ₹5.1 Lakhs per year

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

The estimated take-home salary of a Senior Relationship Manager at Marsh India Insurance Brokers ranges between ₹93,241 per month to ₹95,744 per month in Mumbai. The take-home salary calculation is based on the average Marsh India Insurance Brokers Senior Relationship Manager salary in India which ranges between ₹9.0 Lakhs to ₹20.6 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

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Marsh India Insurance Brokers Senior Relationship Manager Salaries in Mumbai

Marsh India Insurance Brokers Senior Relationship Manager salary in Mumbai ranges between ₹9 Lakhs to ₹20.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.

Marsh India Insurance Brokers Senior Relationship Manager salaries in Mumbai (Updated 2025)

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

Latest annual salaries shared by Marsh India Insurance Brokers Senior Relationship Manager in Mumbai

Experience wise Marsh India Insurance Brokers Senior Relationship Manager salaries in Mumbai

Similar Designation salaries in Marsh India Insurance Brokers

Salary related reviews for Marsh India Insurance Brokers

Senior Executive Operations in Chennai

Assistant Vice President in Gurgaon / Gurugram

Senior Manager in Mumbai

Process Leader in New Delhi

Processing Manager in Pune

Marsh India Insurance Brokers Senior Relationship Manager Salary FAQs

Tell us how to improve this page.