Marsh Associate Salaries by 6 Employees

0 - 4 years exp.

₹3 Lakhs - ₹6.9 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Associate Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Marsh for Associate

Company name	Avg Annual Salary	Open Jobs
Aon Associate Salary 0 - 4 years exp. (11 salaries)	₹1.8 L/yr - ₹8.8 L/yr 11% less
Willis Towers Watson Associate Salary 0 - 6 years exp. (93 salaries)	₹2 L/yr - ₹6 L/yr 26% less
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Marsh McLennan Associate Salary 0 - 5 years exp. (225 salaries)	₹1.8 L/yr - ₹4.1 L/yr 38% less
Edelweiss Insurance Brokers Associate Salary 3 - 9 years exp. (6 salaries)	₹3.6 L/yr - ₹6 L/yr At par
Bajaj Allianz General Insurance Associate Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 45% less
ICICI Lombard General Insurance Company Associate Salary 0 - 6 years exp. (77 salaries)	₹0.7 L/yr - ₹3.6 L/yr 48% less
HDFC Ergo General Insurance Associate Salary 1 - 8 years exp. (204 salaries)	₹1.8 L/yr - ₹5.2 L/yr 23% less
Reliance General Insurance Associate Salary 1 - 7 years exp. (11 salaries)	₹2 L/yr - ₹6.5 L/yr 24% less
The New India Assurance Co. Associate Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹8.5 L/yr 32% more
Tata AIG Associate Salary 0 - 6 years exp. (105 salaries)	₹1.7 L/yr - ₹3.5 L/yr 50% less
SBI Life Insurance Company Associate Salary 1 - 6 years exp. (239 salaries)	₹1 L/yr - ₹4.2 L/yr 48% less
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Digit Insurance Associate Salary 1 - 9 years exp. (151 salaries)	₹3 L/yr - ₹6.4 L/yr 6% less	2 job openings
MetLife Associate Salary 0 - 4 years exp. (89 salaries)	₹1.8 L/yr - ₹6.2 L/yr 21% less
Future Generali India Life Insurance Associate Salary 0 - 6 years exp. (60 salaries)	₹1.5 L/yr - ₹4.2 L/yr 46% less
Aditya Birla Health Insurance Co Associate Salary 1 - 6 years exp. (50 salaries)	₹1.8 L/yr - ₹4 L/yr 40% less
Gallagher Associate Salary 0 - 3 years exp. (31 salaries)	₹2 L/yr - ₹5.5 L/yr 39% less
Medi Assist India Associate Salary 1 - 3 years exp. (22 salaries)	₹1.7 L/yr - ₹4.2 L/yr 44% less
Bharti AXA Life Insurance Associate Salary 2 - 6 years exp. (20 salaries)	₹1.4 L/yr - ₹3.7 L/yr 34% less
Aditya Birla Sun Life Insurance Associate Salary 1 - 5 years exp. (16 salaries)	₹1.7 L/yr - ₹4 L/yr 40% less
Tata AIA Life Insurance Associate Salary 1 - 6 years exp. (10 salaries)	₹1.3 L/yr - ₹4.4 L/yr 35% less

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Associate salary at Marsh ranges between ₹3 Lakhs to ₹6.9 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Marsh.

Experience wise Marsh Associate salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹12.4 L/yr
1 year (3 salaries)	₹3 L/yr - ₹10.5 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.7 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr

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Salary related reviews for Marsh

3.7

Rated by 6 employees for salary & benefits

Associate in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 05 Mar 2023

1.0

for Salary and Benefits

Likes

Good company with decent work ethic

Job security - Good

Dislikes

...w salary bracket so make sure you NEGOTIATE YOUR SALARY VERY WELL (ASK HIGHER) Salary structure is designed to demote people form taking leaves like you have shift allowance in it so every time you take leave that days shift allowance would not be given to you and shift allowance is arround 30% of your inhand salary

Salary - Bad

+1 more

Operations Analyst in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Mangers are over friendly and they cut my bonus and give me bad rating due just because I haven't communicate with them friendly and also they decline my appraisal as well very nonsense company I'll never suggest anyone to join this company they are not focusing on work or business they just required personal attention and good good talks with managers, zero respect of work company culture only focus nonsense things like fun committee and events, HR's also not helpful over there they'll simply accept your resignation without any retention stupid company I ever seen in my career

Salary - Bad

+6 more

Process Leader in Mumbai

Fiduciary Department

5.0

• posted on 03 Jun 2022

4.0

for Salary and Benefits

Likes

... internal job posting are released which employees can apply & can get promoted. Salary & yearly appraisal is at par with the market.

Salary - Good

+6 more

Dislikes

Compensation is decent, however growth is slow. We do get appreciations from stakeholders & insurers, but sometimes managers are biased & efforts go unnoticed.

HR Operations Analyst in Noida

Full Time

Human Resources Department

1.0

• posted on 21 Jun 2024

3.0

for Salary and Benefits

Likes

Nothing

Work-life balance - Good

Dislikes

Office politics, no support from management as well as human resources. Even if you want to leave, they force you as much as they do, don't think about your career. They believe in destroying it. If you love your career, don't join

Skill development - Bad

+3 more

Senior Vice President Sales in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2023

1.0

for Salary and Benefits

Likes

Ling career so far, no pressure on self business, have large team to run, Good incentives from teams business

Dislikes

Individual target is a big pain always. Too many people have started cannibalizing business. Teams understanding of basics and etiquettes is a big task. Responsibility for each and every action of the team. Team should be coming to office regularly, coming late, going early etc becomes a personal responsibility as a leader. Getting new business from team is not easy, there's too much competition in the market from likes of Gallagher, Aon, WTW, esp gallagher where lot of colleagues have moved with hefty packages and are reaching out to our loyal clients strongly with superior proposition. Gallagher has given open offer to join anyday. Which is a respite from the heavy sales pressure to perform or perish.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

2w (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 Associate Salary FAQs

What is the salary of Associate at Marsh?

Associate salary at Marsh in India ranges between ₹3.0 Lakhs to ₹6.9 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 35% less than the average Associate Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Marsh India.

How does the salary of a Associate at Marsh India compare with the average salary range for this job?

The average salary of a Associate at Marsh is 35% less than the average salary of a Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Marsh to a Associate in India?

The New India Assurance Co. Associate Salary - ₹2.3 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Associate in companies similar to Marsh in India?

Edelweiss Insurance Brokers Associate Salary - ₹3.6 Lakhs to ₹6.0 Lakhs per year
Digit Insurance Associate Salary - ₹3.0 Lakhs to ₹6.4 Lakhs per year
Cholamandalam MS General Insurance Associate Salary - ₹0.9 Lakhs to ₹8.6 Lakhs per year
Aon Associate Salary - ₹1.8 Lakhs to ₹8.8 Lakhs per year
Reliance Nippon Life Insurance Associate Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Associate at Marsh in India?

The estimated take-home salary of a Associate at Marsh ranges between ₹36,593 per month to ₹37,809 per month in India. The take-home salary calculation is based on the average Marsh Associate salary in India which ranges between ₹3.0 Lakhs to ₹6.9 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Associate at Marsh?

According to AmbitionBox, 100% of the Marsh Associates reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Marsh Associate Salaries

Marsh Associate salary in India ranges between ₹3 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Marsh latest salaries received from various employees of Marsh.