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Marsh India Insurance Brokers

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4.2

based on 117 Reviews

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Marsh India Insurance Brokers Vice President Operations salaries in India

Annual salary range
10 - 19 years exp.
₹24 Lakhs - ₹45 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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34% less than the average Vice President Operations Salary in Insurance Companies for 10 - 19 years of experience

Interested in this particular role?

Last Updated: 24 Mar 2024

Companies similar to Marsh India Insurance Brokers for Vice President Operations

Company name Avg Annual Salary Open Jobs
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IndiaFirst Life Insurance Vice President Operations Salary

16 - 18 years exp. (4 salaries)
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₹30 L/yr - ₹70 L/yr

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Vidal Health Tpa Vice President Operations Salary

15 - 20 years exp. (4 salaries)
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₹24 L/yr - ₹29 L/yr

arrow icon 14% less
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AXA Business Services Vice President Operations Salary

18 - 22 years exp. (4 salaries)
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₹50 L/yr - ₹95 L/yr

arrow icon 106% more
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JPMorgan Chase & Co. Vice President Operations Salary

12 - 20 years exp. (293 salaries)
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₹20 L/yr - ₹65 L/yr

arrow icon 47% more
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Citicorp Vice President Operations Salary

9 - 19 years exp. (125 salaries)
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₹27 L/yr - ₹65 L/yr

arrow icon 60% more
Vice President Operations salary at Marsh India Insurance Brokers ranges between ₹24 Lakhs to ₹45 Lakhs per year for employees with experience between 10 years to 19 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 Vice President Operations

9mo ago
₹25 Lakhs
19 years exp.
10mo ago
₹45 Lakhs
10 years exp.
1y ago
₹25 Lakhs
18 years exp.
1y ago
₹24 Lakhs
14 years exp.

Experience wise Marsh India Insurance Brokers Vice President Operations salaries

Last Updated: 24 Mar 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹40.5 L/yr - ₹51.8 L/yr
14 years (AmbitionBox Estimate)

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₹21.6 L/yr - ₹27.6 L/yr
15+ years (AmbitionBox Estimate)

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₹22.5 L/yr - ₹28.8 L/yr

Similar Designation salaries in Marsh India Insurance Brokers

Assistant Vice President Operations Salary
(AmbitionBox Estimate)
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₹14.5 L/yr - ₹18.5 L/yr
Operations Executive Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Senior Vice President Salary
(5 salaries)
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₹51.47 L/yr - ₹101 L/yr
Operations Manager Salary
(5 salaries)
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₹6.5 L/yr - ₹8 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹20.6 L/yr - ₹26.3 L/yr
Senior Operations Manager Salary
(3 salaries)
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₹7.7 L/yr - ₹13 L/yr
Director Salary
(AmbitionBox Estimate)
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₹36 L/yr - ₹46 L/yr
Associate Vice President Salary
(6 salaries)
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₹15 L/yr - ₹22.62 L/yr
Associate Director Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Assistant Vice President Salary
(49 salaries)
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₹12.65 L/yr - ₹29 L/yr

Salary related reviews for Marsh India Insurance Brokers

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 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

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

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2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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 Operations Salary FAQs

What is the salary of Vice President Operations at Marsh India Insurance Brokers ?
The average salary of a Vice President Operations at Marsh India Insurance Brokers in India typically ranges from ₹24.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 10 years to 19 years).

The top 10% of Vice President Operations at Marsh India Insurance Brokers earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Vice President Operations 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 Vice President Operations at Marsh India Insurance Brokers in India?
The estimated take-home salary of a Vice President Operations at Marsh India Insurance Brokers in India typically ranges from ₹1,83,736 to ₹1,90,907 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 10 years to 19 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 Vice President Operations in India?
AXA Business Services ₹50.0 Lakhs to ₹95.0 Lakhs per year
Citicorp ₹27.0 Lakhs to ₹65.0 Lakhs per year
JPMorgan Chase & Co. ₹20.0 Lakhs to ₹65.0 Lakhs per year
IndiaFirst Life Insurance ₹30.0 Lakhs to ₹70.0 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 Operations in companies similar to Marsh India Insurance Brokers in India?
The salary of a Vice President Operations 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:

Vidal Health Tpa ₹24.0 Lakhs to ₹29.0 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 Operations at Marsh India Insurance Brokers in India?
The salary growth for a Vice President Operations at Marsh India Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Vice President Operations can expect the following growth trajectory at Marsh India Insurance Brokers:

Experience Average Salary Range
10 years ₹40.5 Lakhs to ₹51.8 Lakhs per year
14 years ₹21.6 Lakhs to ₹27.6 Lakhs per year
15 years ₹22.5 Lakhs to ₹28.8 Lakhs per year
and so on.

Tell us how to improve this page.

Marsh India Insurance Brokers Vice President Operations salary in India ranges between ₹24 Lakhs to ₹45 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.