Marsh India Insurance Brokers Vice President Sales Salaries by 5 Employees

8 - 21 years exp.

₹26 Lakhs - ₹29.4 Lakhs

Salary of majority employees

40% less than the average Vice President Sales Salary in Insurance Companies for 8 - 21 years of experience

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Salaries in different departments

Sales & Business Development Vice President Sales Salary 20 - 21 years exp. (AmbitionBox Estimate)	₹23.4 L/yr - ₹28.6 L/yr
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Strategic & Top Management Vice President Sales Salary 17 years exp. (AmbitionBox Estimate)	₹26.5 L/yr - ₹32.3 L/yr

Last Updated: 12 Feb 2024

Companies similar to Marsh India Insurance Brokers for Vice President Sales

Company name	Avg Annual Salary	Open Jobs
Yes Bank Vice President Sales Salary 10 - 18 years exp. (41 salaries)	₹13.6 L/yr - ₹26.4 L/yr 24% less
Axis Bank Vice President Sales Salary 10 - 22 years exp. (32 salaries)	₹30 L/yr - ₹60.5 L/yr 42% more
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HSBC Group Vice President Sales Salary 9 - 19 years exp. (20 salaries)	₹18 L/yr - ₹48 L/yr 10% more
Kotak Mahindra Bank Vice President Sales Salary 10 - 20 years exp. (18 salaries)	₹25 L/yr - ₹43 L/yr 14% more
HDFC Bank Vice President Sales Salary 15 - 26 years exp. (13 salaries)	₹25 L/yr - ₹52 L/yr 51% more

Vice President Sales salary at Marsh India Insurance Brokers ranges between ₹26 Lakhs to ₹29.4 Lakhs per year for employees with experience between 8 years to 21 years. Salary estimates are based on 5 latest salaries received from various employees of Marsh India Insurance Brokers.

Experience wise Marsh India Insurance Brokers Vice President Sales salaries

Last Updated: 12 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹26 L/yr - ₹50 L/yr
9 years (AmbitionBox Estimate)	₹24.9 L/yr - ₹31.9 L/yr
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10 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹29 L/yr
11 years (AmbitionBox Estimate)	₹24.8 L/yr - ₹31.7 L/yr
12 years (AmbitionBox Estimate)	₹24.7 L/yr - ₹31.6 L/yr
13 years (AmbitionBox Estimate)	₹24.7 L/yr - ₹31.5 L/yr
14 years (AmbitionBox Estimate)	₹24.6 L/yr - ₹31.5 L/yr
15+ years (3 salaries)	₹26 L/yr - ₹29.4 L/yr

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Similar Designation salaries in Marsh India Insurance Brokers

Senior Vice President Salary

(5 salaries)

₹51.47 L/yr - ₹101 L/yr

Sales Manager Salary

(4 salaries)

₹19 L/yr - ₹26 L/yr

Associate Vice President Salary

(6 salaries)

₹15 L/yr - ₹22.62 L/yr

Director Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Assistant Vice President Salary

(49 salaries)

₹12.65 L/yr - ₹29 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Salary related reviews for Marsh India Insurance Brokers

3.2

Rated by 2 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.

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Marsh India Insurance Brokers Vice President Sales Salary FAQs

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

The average salary of a Vice President Sales at Marsh India Insurance Brokers in India typically ranges from ₹26.0 Lakhs to ₹29.4 Lakhs per year, depending on experience (from 8 years to 21 years).

The top 10% of Vice President Sales at Marsh India Insurance Brokers earn more than ₹29.4 Lakhs per year, and the top 1% earn over ₹29.4 Lakhs per year. Vice President Sales 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 5 Marsh India Insurance Brokers employees in India.

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

The estimated take-home salary of a Vice President Sales at Marsh India Insurance Brokers in India typically ranges from ₹1,70,822 to ₹1,77,409 per month. This is based on the average salary range of ₹26.0 Lakhs to ₹29.4 Lakhs per year for employees with experience ranging from 8 years to 21 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 5 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 Sales in India?

HDFC Bank	₹25.0 Lakhs to ₹52.0 Lakhs per year
Axis Bank	₹30.0 Lakhs to ₹60.5 Lakhs per year
Kotak Mahindra Bank	₹25.0 Lakhs to ₹43.0 Lakhs per year
HSBC Group	₹18.0 Lakhs to ₹48.0 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 Sales in companies similar to Marsh India Insurance Brokers in India?

The salary of a Vice President Sales 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:

Yes Bank

₹13.6 Lakhs to ₹26.4 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 Sales at Marsh India Insurance Brokers in India?

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

Experience	Average Salary Range
8 years	₹26.0 Lakhs to ₹50.0 Lakhs per year
9 years	₹24.9 Lakhs to ₹31.9 Lakhs per year
10 years	₹11.1 Lakhs to ₹29.0 Lakhs per year
11 years	₹24.8 Lakhs to ₹31.7 Lakhs per year

and so on.

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Marsh India Insurance Brokers Vice President Sales Salaries

Marsh India Insurance Brokers Vice President Sales salary in India ranges between ₹26 Lakhs to ₹29.4 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.