Marsh Vice President Salaries by 5 Employees (Updated 2025)

5 - 15 years exp.

₹17 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Vice President Salary in Insurance Companies for 5 - 15 years of experience

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Last Updated: 17 Jun 2024

Companies similar to Marsh for Vice President

Company name	Avg Annual Salary	Open Jobs
Aon Vice President Salary 8 - 19 years exp. (7 salaries)	₹41 L/yr - ₹55 L/yr 69% more
Willis Towers Watson Vice President Salary 13 - 18 years exp. (7 salaries)	₹19.5 L/yr - ₹48.3 L/yr 40% more
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Marsh McLennan Vice President Salary 10 - 15 years exp. (15 salaries)	₹24 L/yr - ₹45 L/yr 52% more
Bajaj Allianz General Insurance Vice President Salary 16 - 20 years exp. (4 salaries)	₹50 L/yr - ₹70 L/yr 135% more
ICICI Lombard General Insurance Company Vice President Salary 14 - 23 years exp. (34 salaries)	₹32.1 L/yr - ₹94 L/yr 122% more
HDFC Ergo General Insurance Vice President Salary 15 - 28 years exp. (30 salaries)	₹28 L/yr - ₹65.3 L/yr 78% more
Reliance General Insurance Vice President Salary 18 - 19 years exp. (4 salaries)	₹45 L/yr - ₹52 L/yr 98% more
Tata AIG Vice President Salary 15 - 25 years exp. (21 salaries)	₹29 L/yr - ₹50 L/yr 55% more
Reliance Nippon Life Insurance Vice President Salary 11 - 24 years exp. (35 salaries)	₹16 L/yr - ₹53.5 L/yr 22% more
SBI Life Insurance Company Vice President Salary 10 - 20 years exp. (34 salaries)	₹15.7 L/yr - ₹60 L/yr 51% more
Bajaj Allianz Life Insurance Vice President Salary 14 - 24 years exp. (18 salaries)	₹40.5 L/yr - ₹73 L/yr 105% more
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Tata AIA Life Insurance Vice President Salary 15 - 23 years exp. (14 salaries)	₹30.4 L/yr - ₹97 L/yr 175% more	5 job openings
Future Generali India Life Insurance Vice President Salary 18 - 27 years exp. (13 salaries)	₹30 L/yr - ₹54 L/yr 63% more
Pramerica Life Insurance Vice President Salary 12 - 28 years exp. (13 salaries)	₹41 L/yr - ₹50 L/yr 84% more
Aditya Birla Health Insurance Co Vice President Salary 14 - 20 years exp. (6 salaries)	₹51 L/yr - ₹97 L/yr 238% more
Medi Assist India Vice President Salary 16 - 22 years exp. (6 salaries)	₹25 L/yr - ₹51 L/yr 42% more
Gallagher Vice President Salary 9 - 22 years exp. (5 salaries)	₹32 L/yr - ₹36.3 L/yr 37% more
Bharti AXA Life Insurance Vice President Salary 15 - 17 years exp. (5 salaries)	₹25.2 L/yr - ₹85.8 L/yr 97% more
SBI General Insurance Vice President Salary 16 - 20 years exp. (4 salaries)	₹38 L/yr - ₹94 L/yr 123% more
MetLife Vice President Salary 12 - 22 years exp. (3 salaries)	₹1 Cr/yr - ₹1 Cr/yr 300% more

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Vice President salary at Marsh ranges between ₹17 Lakhs to ₹40 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Marsh.

Experience wise Marsh Vice President salaries

Last Updated: 17 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹33 L/yr
6 years (AmbitionBox Estimate)	₹23.6 L/yr - ₹30.1 L/yr
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7 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹30 L/yr
8 years (AmbitionBox Estimate)	₹23.3 L/yr - ₹29.8 L/yr
9 years (AmbitionBox Estimate)	₹23.2 L/yr - ₹29.7 L/yr
10 years (AmbitionBox Estimate)	₹23.1 L/yr - ₹29.5 L/yr
11 years (AmbitionBox Estimate)	₹17 L/yr - ₹46 L/yr
12 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹40 L/yr
13 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹37 L/yr
14 years (AmbitionBox Estimate)	₹22.7 L/yr - ₹29 L/yr
15+ years (AmbitionBox Estimate)	₹9.8 L/yr - ₹30 L/yr

View all

Similar Designation salaries in Marsh

Senior Vice President Salary

(3 salaries)

₹30 L/yr - ₹102 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹49.4 L/yr - ₹54.6 L/yr

Assistant Vice President Salary

(8 salaries)

₹15 L/yr - ₹23 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Associate Director Salary

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₹41 L/yr - ₹50 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹152 L/yr - ₹168 L/yr

Deputy Manager Salary

(3 salaries)

₹10 L/yr - ₹12 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Salary related reviews for Marsh

3.0

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

Salary - Bad

+6 more

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

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

1w (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 Vice President Salary FAQs

What is the salary of Vice President at Marsh?

Vice President salary at Marsh in India ranges between ₹17.0 Lakhs to ₹40.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 48% less than the average Vice President Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Marsh India.

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

The average salary of a Vice President at Marsh is 48% less than the average salary of a Vice President in India. To know exact salary insights, login to view.

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

MetLife Vice President Salary - ₹100.0 Lakhs to ₹102.0 Lakhs per year
Aditya Birla Health Insurance Co Vice President Salary - ₹51.0 Lakhs to ₹97.0 Lakhs per year
Tata AIA Life Insurance Vice President Salary - ₹30.4 Lakhs to ₹97.0 Lakhs per year
Bajaj Allianz General Insurance Vice President Salary - ₹50.0 Lakhs to ₹70.0 Lakhs per year
SBI General Insurance Vice President Salary - ₹38.0 Lakhs to ₹94.0 Lakhs per year

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

ICICI Lombard General Insurance Company Vice President Salary - ₹32.1 Lakhs to ₹94.0 Lakhs per year
Bajaj Allianz Life Insurance Vice President Salary - ₹40.5 Lakhs to ₹73.0 Lakhs per year
Star Health & Allied Insurance Vice President Salary - ₹50.0 Lakhs to ₹51.0 Lakhs per year
Reliance General Insurance Vice President Salary - ₹45.0 Lakhs to ₹52.0 Lakhs per year
Bharti AXA Life Insurance Vice President Salary - ₹25.2 Lakhs to ₹85.8 Lakhs per year

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

The estimated take-home salary of a Vice President at Marsh ranges between ₹1,59,198 per month to ₹1,65,260 per month in India. The take-home salary calculation is based on the average Marsh Vice President salary in India which ranges between ₹17.0 Lakhs to ₹40.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Vice President at Marsh?

According to AmbitionBox, 100% of the Marsh Vice Presidents reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Marsh Vice President Salaries

Marsh Vice President salary in India ranges between ₹17 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Marsh latest salaries received from various employees of Marsh.