Marsh Mumbai Senior Manager Salaries by 9 Employees (Updated 2025)

3 - 14 years exp.

₹11.9 Lakhs - ₹25.8 Lakhs

Salary of majority employees

15% less than the average Senior Manager Salary in Insurance Companies for 3 - 14 years of experience

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Last Updated: 4 Dec 2024

Companies similar to Marsh for Senior Manager in Mumbai

Marsh Senior Manager Salary

3 - 14 years exp. (9 salaries)

₹11.9 L/yr - ₹25.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Aon Senior Manager Salary 10 - 17 years exp. (3 salaries)	₹12 L/yr - ₹23.5 L/yr 1% more	1 job opening
Willis Towers Watson Senior Manager Salary 8 - 15 years exp. (7 salaries)	₹6 L/yr - ₹22 L/yr 29% less
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Marsh McLennan Senior Manager Salary 8 - 16 years exp. (72 salaries)	₹14 L/yr - ₹46.2 L/yr 43% more	1 job opening
Edelweiss Insurance Brokers Senior Manager Salary 5 - 10 years exp. (3 salaries)	₹10 L/yr - ₹16 L/yr 34% less
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 18 years exp. (451 salaries)	₹4.5 L/yr - ₹15 L/yr 47% less	1 job opening
HDFC Ergo General Insurance Senior Manager Salary 5 - 19 years exp. (99 salaries)	₹7 L/yr - ₹25 L/yr 19% less
Reliance General Insurance Senior Manager Salary 7 - 17 years exp. (32 salaries)	₹6.5 L/yr - ₹15 L/yr 40% less
Tata AIG Senior Manager Salary 0 - 11 years exp. (192 salaries)	₹4.8 L/yr - ₹17.8 L/yr 36% less	5 job openings
Tata AIA Life Insurance Senior Manager Salary 8 - 19 years exp. (161 salaries)	₹10.8 L/yr - ₹38 L/yr 40% more	12 job openings
Reliance Nippon Life Insurance Senior Manager Salary 0 - 18 years exp. (105 salaries)	₹5.2 L/yr - ₹18 L/yr 40% less
Aditya Birla Health Insurance Co Senior Manager Salary 4 - 14 years exp. (63 salaries)	₹6.1 L/yr - ₹19.3 L/yr 40% less
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Future Generali India Life Insurance Senior Manager Salary 10 - 20 years exp. (43 salaries)	₹8.1 L/yr - ₹28 L/yr 10% more	1 job opening
PNB MetLife Senior Manager Salary 7 - 16 years exp. (37 salaries)	₹6.6 L/yr - ₹23 L/yr 11% less	1 job opening
Aditya Birla Sun Life Insurance Senior Manager Salary 0 - 9 years exp. (34 salaries)	₹5.7 L/yr - ₹18 L/yr 37% less
Bajaj Allianz Life Insurance Senior Manager Salary 2 - 18 years exp. (31 salaries)	₹9.2 L/yr - ₹22.5 L/yr 19% less	1 job opening
SBI General Insurance Senior Manager Salary 5 - 16 years exp. (30 salaries)	₹6.5 L/yr - ₹22 L/yr 31% less
Bharti AXA Life Insurance Senior Manager Salary 7 - 17 years exp. (23 salaries)	₹9 L/yr - ₹22.3 L/yr 20% less
Medi Assist India Senior Manager Salary 10 - 18 years exp. (16 salaries)	₹7 L/yr - ₹17 L/yr 26% less	1 job opening
SBI Life Insurance Company Senior Manager Salary 5 - 14 years exp. (14 salaries)	₹4.6 L/yr - ₹17 L/yr 38% less
Digit Insurance Senior Manager Salary 5 - 14 years exp. (8 salaries)	₹16 L/yr - ₹28 L/yr 18% more

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Senior Manager salary at Marsh ranges between ₹11.9 Lakhs to ₹25.8 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 9 latest salaries received from various employees of Marsh.

Experience wise Marsh Senior Manager salaries in Mumbai

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹20 L/yr
4 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21.1 L/yr
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5 years (AmbitionBox Estimate)	₹16.4 L/yr - ₹21 L/yr
6 years (AmbitionBox Estimate)	₹16.4 L/yr - ₹20.9 L/yr
7 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.9 L/yr
8 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹25.8 L/yr
9 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
10 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
11 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
12 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
13 years (5 salaries)	₹11.9 L/yr - ₹19.9 L/yr
14 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹25.8 L/yr

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Similar Designation salaries in Marsh

Deputy Manager Salary

(3 salaries)

₹10 L/yr - ₹12 L/yr

Relationship Manager Salary

(3 salaries)

₹13.43 L/yr - ₹17 L/yr

Salary related reviews for Marsh

3.4

Rated by 2 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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Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Marsh Senior Manager Salary FAQs

What is the salary of Senior Manager at Marsh Mumbai?

Senior Manager salary at Marsh in Mumbai ranges between ₹11.9 Lakhs to ₹25.8 Lakhs for experience between 3 years to 14 years. According to our estimates it is 15% less than the average Senior Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Marsh Mumbai.

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

The average salary of a Senior Manager at Marsh is 15% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

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

Marsh McLennan Senior Manager Salary - ₹14.0 Lakhs to ₹46.2 Lakhs per year
Tata AIA Life Insurance Senior Manager Salary - ₹10.8 Lakhs to ₹38.0 Lakhs per year
Digit Insurance Senior Manager Salary - ₹16.0 Lakhs to ₹28.0 Lakhs per year
Future Generali India Life Insurance Senior Manager Salary - ₹8.1 Lakhs to ₹28.0 Lakhs per year
Aon Senior Manager Salary - ₹12.0 Lakhs to ₹23.5 Lakhs per year

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

Gallagher Senior Manager Salary - ₹8.6 Lakhs to ₹20.7 Lakhs per year
PNB MetLife Senior Manager Salary - ₹6.6 Lakhs to ₹23.0 Lakhs per year
HDFC Ergo General Insurance Senior Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Bajaj Allianz Life Insurance Senior Manager Salary - ₹9.2 Lakhs to ₹22.5 Lakhs per year
Bharti AXA Life Insurance Senior Manager Salary - ₹9.0 Lakhs to ₹22.3 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Marsh ranges between ₹1,21,450 per month to ₹1,24,901 per month in Mumbai. The take-home salary calculation is based on the average Marsh Senior Manager salary in India which ranges between ₹11.9 Lakhs to ₹25.8 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

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Marsh Senior Manager Salaries in Mumbai

Marsh Senior Manager salary in Mumbai ranges between ₹11.9 Lakhs to ₹25.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Marsh latest salaries received from various employees of Marsh.

Marsh Senior Manager salaries in Mumbai

Companies similar to Marsh for Senior Manager in Mumbai

Latest annual salaries shared by Marsh Senior Manager in Mumbai

Experience wise Marsh Senior 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 Senior Manager Salary FAQs

Tell us how to improve this page.