Marsh Associate Salaries by 7 Employees (Updated 2024)

0 - 4 years exp.

₹2.2 Lakhs - ₹9.1 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Associate Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 6 May 2023

Companies similar to Marsh for Associate

Company name	Avg Annual Salary	Open Jobs
Aon Associate Salary 0 - 4 years exp. (12 salaries)	₹1.8 L/yr - ₹4.3 L/yr 8% less
Willis Towers Watson Associate Salary 1 - 6 years exp. (85 salaries)	₹2.1 L/yr - ₹5.8 L/yr 20% less
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Marsh McLennan Associate Salary 0 - 5 years exp. (242 salaries)	₹1.8 L/yr - ₹4.1 L/yr 33% less	1 job opening
Edelweiss Insurance Brokers Associate Salary 3 - 9 years exp. (6 salaries)	₹3.6 L/yr - ₹6 L/yr 8% more
Bajaj Allianz General Insurance Associate Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 41% less
ICICI Lombard General Insurance Company Associate Salary 0 - 6 years exp. (78 salaries)	₹0.7 L/yr - ₹3.6 L/yr 44% less
HDFC Ergo General Insurance Associate Salary 1 - 8 years exp. (199 salaries)	₹1.8 L/yr - ₹5 L/yr 16% less	1 job opening
Reliance General Insurance Associate Salary 1 - 8 years exp. (11 salaries)	₹2 L/yr - ₹4.8 L/yr 20% less
The New India Assurance Co. Associate Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹8.5 L/yr 42% more
Tata AIG Associate Salary 0 - 5 years exp. (88 salaries)	₹1.6 L/yr - ₹4 L/yr 48% less
SBI Life Insurance Company Associate Salary 0 - 6 years exp. (245 salaries)	₹1 L/yr - ₹5 L/yr 43% less
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Digit Insurance Associate Salary 1 - 7 years exp. (128 salaries)	₹3 L/yr - ₹7 L/yr 1% less
MetLife Associate Salary 0 - 4 years exp. (90 salaries)	₹1.8 L/yr - ₹6.7 L/yr 17% less
Future Generali India Life Insurance Associate Salary 0 - 6 years exp. (59 salaries)	₹1.5 L/yr - ₹4.2 L/yr 43% less
Aditya Birla Health Insurance Co Associate Salary 0 - 7 years exp. (57 salaries)	₹1.8 L/yr - ₹5.2 L/yr 33% less
Gallagher Associate Salary 0 - 3 years exp. (32 salaries)	₹2 L/yr - ₹4 L/yr 36% less
Medi Assist India Associate Salary 0 - 3 years exp. (21 salaries)	₹1.5 L/yr - ₹4.2 L/yr 39% less
Bharti AXA Life Insurance Associate Salary 2 - 6 years exp. (20 salaries)	₹1.4 L/yr - ₹3.7 L/yr 29% less
Aditya Birla Sun Life Insurance Associate Salary 0 - 5 years exp. (17 salaries)	₹1.7 L/yr - ₹4 L/yr 33% less
Tata AIA Life Insurance Associate Salary 1 - 6 years exp. (10 salaries)	₹1.3 L/yr - ₹4.4 L/yr 30% less

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Associate salary at Marsh ranges between ₹2.2 Lakhs to ₹9.1 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Marsh.

Experience wise Marsh Associate salaries

Last Updated: 6 May 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.3 L/yr
1 year (4 salaries)	₹2.2 L/yr - ₹8.2 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.1 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr

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Software Developer Salary

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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

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

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

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.

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

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

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.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Marsh Associate Salary FAQs

What is the salary of Associate at Marsh?

Associate salary at Marsh in India ranges between ₹2.2 Lakhs to ₹9.1 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 41% less than the average Associate Salary in India. Salary estimates are based on 7 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 41% 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
Principal Global Services Associate Salary - ₹3.3 Lakhs to ₹6.8 Lakhs per year
Edelweiss Insurance Brokers Associate Salary - ₹3.6 Lakhs to ₹6.0 Lakhs per year

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

Cholamandalam MS General Insurance Associate Salary - ₹0.9 Lakhs to ₹8.6 Lakhs per year
Digit Insurance Associate Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Aon Associate Salary - ₹1.8 Lakhs to ₹4.3 Lakhs per year
Reliance Nippon Life Insurance Associate Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
Bajaj Allianz Life Insurance Associate Salary - ₹2.0 Lakhs to ₹4.5 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 ₹33,586 per month to ₹34,847 per month in India. The take-home salary calculation is based on the average Marsh Associate salary in India which ranges between ₹2.2 Lakhs to ₹9.1 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, 33% of the Marsh Associates reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Marsh Associate Salaries

Marsh Associate salary in India ranges between ₹2.2 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Marsh latest salaries received from various employees of Marsh.