Marsh Mumbai Manager Salaries by 6 Employees (Updated 2024)

3 - 10 years exp.

₹8 Lakhs - ₹25 Lakhs

Salary of majority employees

13% less than the average Manager Salary in Insurance Companies for 3 - 10 years of experience

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Last Updated: 3 Jun 2024

Companies similar to Marsh for Manager in Mumbai

Marsh Manager Salary

3 - 10 years exp. (6 salaries)

₹8 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Aon Manager Salary 5 - 7 years exp. (3 salaries)	₹12.2 L/yr - ₹16.5 L/yr 9% more	1 job opening
Willis Towers Watson Manager Salary 7 - 19 years exp. (35 salaries)	₹7.6 L/yr - ₹28 L/yr 33% more
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Marsh McLennan Manager Salary 4 - 16 years exp. (92 salaries)	₹8.9 L/yr - ₹30.6 L/yr 21% more
Edelweiss Insurance Brokers Manager Salary 8 - 14 years exp. (3 salaries)	₹5 L/yr - ₹13 L/yr 40% less
Bajaj Allianz General Insurance Manager Salary 6 - 19 years exp. (9 salaries)	₹11.8 L/yr - ₹21 L/yr 14% more
ICICI Lombard General Insurance Company Manager Salary 0 - 14 years exp. (129 salaries)	₹3.5 L/yr - ₹13.1 L/yr 47% less
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (149 salaries)	₹4.5 L/yr - ₹15 L/yr 31% less
Reliance General Insurance Manager Salary 2 - 17 years exp. (73 salaries)	₹5 L/yr - ₹13.1 L/yr 43% less
Tata AIG Manager Salary 1 - 10 years exp. (196 salaries)	₹4 L/yr - ₹11 L/yr 52% less	5 job openings
Tata AIA Life Insurance Manager Salary 4 - 18 years exp. (166 salaries)	₹7.2 L/yr - ₹28 L/yr 11% more	19 job openings
SBI Life Insurance Company Manager Salary 3 - 20 years exp. (156 salaries)	₹5.2 L/yr - ₹17 L/yr 20% less
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Aditya Birla Health Insurance Co Manager Salary 3 - 13 years exp. (121 salaries)	₹4.7 L/yr - ₹17 L/yr 28% less
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (107 salaries)	₹4.8 L/yr - ₹18 L/yr 26% less
Future Generali India Life Insurance Manager Salary 4 - 18 years exp. (73 salaries)	₹6.3 L/yr - ₹22.3 L/yr 1% more
Bharti AXA Life Insurance Manager Salary 2 - 16 years exp. (68 salaries)	₹6.5 L/yr - ₹18 L/yr 5% less
Reliance Nippon Life Insurance Manager Salary 2 - 16 years exp. (59 salaries)	₹3.2 L/yr - ₹11.7 L/yr 51% less
SBI General Insurance Manager Salary 1 - 13 years exp. (45 salaries)	₹6.5 L/yr - ₹15 L/yr 35% less
Bajaj Allianz Life Insurance Manager Salary 2 - 15 years exp. (35 salaries)	₹8.4 L/yr - ₹20 L/yr 8% less	1 job opening
PNB MetLife Manager Salary 6 - 17 years exp. (33 salaries)	₹4.5 L/yr - ₹15.5 L/yr 24% less	1 job opening
Medi Assist India Manager Salary 8 - 16 years exp. (29 salaries)	₹5.3 L/yr - ₹12.7 L/yr 35% less	4 job openings

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Manager salary at Marsh ranges between ₹8 Lakhs to ₹25 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Marsh.

Experience wise Marsh Manager salaries in Mumbai

Last Updated: 3 Jun 2024

Experience	Avg Annual Salary
3 years (4 salaries)	₹13 L/yr - ₹25 L/yr
4 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
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5 years (AmbitionBox Estimate)	₹8 L/yr - ₹26.3 L/yr
6 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
8 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹24.2 L/yr

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Similar Designation salaries in Marsh

Assistant Vice President Salary

(4 salaries)

₹19.84 L/yr - ₹23 L/yr

Deputy Manager Salary

(4 salaries)

₹10 L/yr - ₹14 L/yr

Senior Associate Salary

(4 salaries)

₹4.05 L/yr - ₹4.6 L/yr

Salary related reviews for Marsh

5.0

Rated by 1 employees for salary & benefits

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

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

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.

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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 Manager Salary FAQs

What is the salary of Manager at Marsh Mumbai?

Manager salary at Marsh in Mumbai ranges between ₹8.0 Lakhs to ₹25.0 Lakhs for experience between 3 years to 10 years. According to our estimates it is 13% less than the average Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Marsh Mumbai.

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

The average salary of a Manager at Marsh is 13% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Marsh to a Manager in Mumbai?

Willis Towers Watson Manager Salary - ₹7.6 Lakhs to ₹28.0 Lakhs per year
Marsh McLennan Manager Salary - ₹8.9 Lakhs to ₹30.6 Lakhs per year
Bajaj Allianz General Insurance Manager Salary - ₹11.8 Lakhs to ₹21.0 Lakhs per year
Tata AIA Life Insurance Manager Salary - ₹7.2 Lakhs to ₹28.0 Lakhs per year
Aon Manager Salary - ₹12.2 Lakhs to ₹16.5 Lakhs per year

What is the salary of a Manager in companies similar to Marsh in Mumbai?

Future Generali India Life Insurance Manager Salary - ₹6.3 Lakhs to ₹22.3 Lakhs per year
Bharti AXA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
Bajaj Allianz Life Insurance Manager Salary - ₹8.4 Lakhs to ₹20.0 Lakhs per year
Gallagher Manager Salary - ₹10.1 Lakhs to ₹14.0 Lakhs per year
SBI Life Insurance Company Manager Salary - ₹5.2 Lakhs to ₹17.0 Lakhs per year

What is the estimated take home salary of a Manager at Marsh in Mumbai?

The estimated take-home salary of a Manager at Marsh ranges between ₹98,600 per month to ₹1,01,276 per month in Mumbai. The take-home salary calculation is based on the average Marsh Manager salary in India which ranges between ₹8.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Marsh Manager salary in Mumbai ranges between ₹8 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Marsh latest salaries received from various employees of Marsh.

Marsh Manager salaries in Mumbai

Companies similar to Marsh for Manager in Mumbai

Latest annual salaries shared by Marsh Manager in Mumbai

Experience wise Marsh Manager salaries in Mumbai

Similar Designation salaries in Marsh

Salary related reviews for Marsh

Operations Analyst in Mumbai

Associate in Mumbai

Process Leader in Mumbai

HR Operations Analyst in Noida

Senior Vice President Sales in Gurgaon / Gurugram

Marsh Manager Salary FAQs

Tell us how to improve this page.