Marsh India Insurance Brokers Vice President Salaries by 30+ Employees (Updated 2025)

12 - 20 years exp.

₹20 Lakhs - ₹38.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% less than the average Vice President Salary in Insurance Companies for 12 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Vice President Salary 12 - 20 years exp. (13 salaries)	₹20 L/yr - ₹38.7 L/yr
Sales & Business Development Vice President Salary 13 - 18 years exp. (6 salaries)	₹24.5 L/yr - ₹33 L/yr
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Customer Success, Service & Operations Vice President Salary 14 - 18 years exp. (4 salaries)	₹25 L/yr - ₹27.8 L/yr
Finance & Accounting Vice President Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹22.6 L/yr - ₹27.4 L/yr

Last Updated: 19 Jan 2025

Companies similar to Marsh India Insurance Brokers for Vice President

Company name	Avg Annual Salary	Open Jobs
IndiaFirst Life Insurance Vice President Salary 16 - 28 years exp. (14 salaries)	₹41 L/yr - ₹72 L/yr 89% more
Future Generali India Life Insurance Vice President Salary 18 - 27 years exp. (13 salaries)	₹30 L/yr - ₹54 L/yr 48% more
Login to view exact salary
Pramerica Life Insurance Vice President Salary 12 - 28 years exp. (13 salaries)	₹41 L/yr - ₹50 L/yr 68% more
Kotak Mahindra General Insurance Vice President Salary 19 - 25 years exp. (11 salaries)	₹30 L/yr - ₹43 L/yr 36% more
Edelweiss Life Insurance Vice President Salary 19 - 22 years exp. (9 salaries)	₹28 L/yr - ₹45 L/yr 31% more
AXA Business Services Vice President Salary 11 - 25 years exp. (7 salaries)	₹70 L/yr - ₹1 Cr/yr 239% more
Liberty General Insurance Vice President Salary 13 - 23 years exp. (7 salaries)	₹36 L/yr - ₹60 L/yr 79% more
Bharti AXA Life Insurance Vice President Salary 15 - 20 years exp. (6 salaries)	₹32.5 L/yr - ₹98 L/yr 149% more
Aditya Birla Health Insurance Co Vice President Salary 14 - 20 years exp. (6 salaries)	₹51 L/yr - ₹97 L/yr 207% more
Medi Assist India Vice President Salary 16 - 22 years exp. (6 salaries)	₹25 L/yr - ₹51 L/yr 29% more
Marsh Vice President Salary 5 - 15 years exp. (5 salaries)	₹17 L/yr - ₹40 L/yr 9% less
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Aegon Life Insurance Vice President Salary 9 - 31 years exp. (4 salaries)	₹32 L/yr - ₹52 L/yr 67% more
Smc Insurance Brokers Vice President Salary 15 - 31 years exp. (4 salaries)	₹25 L/yr - ₹53 L/yr 44% more
Family Health Plan Vice President Salary 14 - 18 years exp. (4 salaries)	₹25.2 L/yr - ₹50 L/yr 34% more
MetLife Vice President Salary 12 - 22 years exp. (3 salaries)	₹1 Cr/yr - ₹1 Cr/yr 264% more

Vice President salary at Marsh India Insurance Brokers ranges between ₹20 Lakhs to ₹38.7 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 30 latest salaries received from various employees of Marsh India Insurance Brokers.

Latest annual salaries shared by Marsh India Insurance Brokers Vice President

2mo ago

₹24.5 Lakhs

18 years exp.

7mo ago

₹38.7 Lakhs

12 years exp.

8mo ago

₹24.7 Lakhs

15 years exp.

10mo ago

₹26 Lakhs

14 years exp.

11mo ago

₹25 Lakhs

18 years exp.

1y ago

14 years exp.

1y ago

13 years exp.

1y ago

18 years exp.

1y ago

16 years exp.

1y ago

12 years exp.

Experience wise Marsh India Insurance Brokers Vice President salaries

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
12 years (6 salaries)	₹20 L/yr - ₹38.7 L/yr
13 years (4 salaries)	₹24 L/yr - ₹28.9 L/yr
Login to view exact salary
14 years (5 salaries)	₹22 L/yr - ₹37 L/yr
15+ years (15 salaries)	₹21.5 L/yr - ₹36 L/yr

Similar Designation salaries in Marsh India Insurance Brokers

Senior Vice President Salary

(5 salaries)

₹51.47 L/yr - ₹101 L/yr

Associate Vice President Salary

(6 salaries)

₹15 L/yr - ₹22.62 L/yr

Assistant Vice President Salary

(49 salaries)

₹12.65 L/yr - ₹29 L/yr

Director Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Vice President Operations Salary

(4 salaries)

₹24 L/yr - ₹45 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹20.6 L/yr - ₹26.3 L/yr

Deputy Manager Salary

(3 salaries)

₹8.5 L/yr - ₹11 L/yr

Operations Manager Salary

(5 salaries)

₹6.5 L/yr - ₹8 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for Marsh India Insurance Brokers

5.0

Rated by 1 employees for salary & benefits

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 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

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Marsh India Insurance Brokers Vice President Salary FAQs

What is the salary of Vice President at Marsh India Insurance Brokers ?

The average salary of a Vice President at Marsh India Insurance Brokers in India typically ranges from ₹20.0 Lakhs to ₹38.7 Lakhs per year, depending on experience (from 12 years to 20 years).

The top 10% of Vice President at Marsh India Insurance Brokers earn more than ₹34.5 Lakhs per year, and the top 1% earn over ₹38.7 Lakhs per year. Vice President 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 30+ Marsh India Insurance Brokers employees in India.

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

The estimated take-home salary of a Vice President at Marsh India Insurance Brokers in India typically ranges from ₹1,72,547 to ₹1,79,212 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹38.7 Lakhs per year for employees with experience ranging from 12 years to 20 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 30+ 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 Vice President in India?

MetLife	₹100.0 Lakhs to ₹102.0 Lakhs per year
AXA Business Services	₹70.0 Lakhs to ₹100.0 Lakhs per year
Aditya Birla Health Insurance Co	₹51.0 Lakhs to ₹97.0 Lakhs per year
Bharti AXA Life Insurance	₹32.5 Lakhs to ₹98.0 Lakhs per year
IndiaFirst Life Insurance	₹41.0 Lakhs to ₹72.0 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 Vice President in companies similar to Marsh India Insurance Brokers in India?

The salary of a Vice President 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:

Liberty General Insurance	₹36.0 Lakhs to ₹60.0 Lakhs per year
Pramerica Life Insurance	₹41.0 Lakhs to ₹50.0 Lakhs per year
Aegon Life Insurance	₹32.0 Lakhs to ₹52.0 Lakhs per year
Future Generali India Life Insurance	₹30.0 Lakhs to ₹54.0 Lakhs per year
Smc Insurance Brokers	₹25.0 Lakhs to ₹53.0 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 Vice President at Marsh India Insurance Brokers in India?

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

Experience	Average Salary Range
12 years	₹20.0 Lakhs to ₹38.7 Lakhs per year
13 years	₹24.0 Lakhs to ₹28.9 Lakhs per year
14 years	₹22.0 Lakhs to ₹37.0 Lakhs per year
15 years	₹21.5 Lakhs to ₹36.0 Lakhs per year

and so on.

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Marsh India Insurance Brokers Vice President Salaries

Marsh India Insurance Brokers Vice President salary in India ranges between ₹20 Lakhs to ₹38.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Marsh India Insurance Brokers latest salaries received from various employees of Marsh India Insurance Brokers.