Marsh McLennan Mumbai Associate Director Salaries by 20+ Employees (Updated 2025)

10 - 20 years exp.

₹25 Lakhs - ₹52.5 Lakhs

Salary of majority employees

Fixed (89%)

₹34.9 Lakhs

Variable (11%)

₹4.1 Lakhs

At par with the average Associate Director Salary in Financial Services Companies for 10 - 20 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Data Science & Analytics Associate Director Salary 10 - 16 years exp. (5 salaries)	₹31 L/yr - ₹52.5 L/yr
Customer Success, Service & Operations Associate Director Salary 14 - 20 years exp. (4 salaries)	₹25 L/yr - ₹46 L/yr
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Consulting Associate Director Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹40 L/yr - ₹43.7 L/yr
Risk Management & Compliance Associate Director Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹25.9 L/yr - ₹36.9 L/yr
Project & Program Management Associate Director Salary 20 years exp. (AmbitionBox Estimate)	₹35.3 L/yr - ₹50 L/yr

Last Updated: 7 Mar 2025

Companies similar to Marsh McLennan for Associate Director in Mumbai

Marsh McLennan Associate Director Salary

10 - 20 years exp. (21 salaries)

₹25 L/yr - ₹52.5 L/yr

Company name	Avg Annual Salary	Open Jobs
UBS Associate Director Salary 6 - 20 years exp. (634 salaries)	₹14.8 L/yr - ₹52 L/yr 12% less
HSBC Group Associate Director Salary 9 - 19 years exp. (8 salaries)	₹36 L/yr - ₹61.4 L/yr 34% more	1 job opening
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Morgan Stanley Associate Director Salary 8 - 13 years exp. (4 salaries)	₹26 L/yr - ₹40 L/yr 16% less
BNP Paribas Associate Director Salary 7 - 16 years exp. (4 salaries)	₹23 L/yr - ₹55.2 L/yr 38% more
Bnp Paribas Securities Associate Director Salary 25 - 27 years exp. (3 salaries)	₹34 L/yr - ₹36.5 L/yr 10% less

Associate Director salary at Marsh McLennan ranges between ₹25 Lakhs to ₹52.5 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 21 latest salaries received from various employees of Marsh McLennan.

Experience wise Marsh McLennan Associate Director salaries in Mumbai

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹31 L/yr - ₹35.5 L/yr
11 years (5 salaries)	₹25.9 L/yr - ₹45 L/yr
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12 years (4 salaries)	₹25.9 L/yr - ₹41 L/yr
13 years (AmbitionBox Estimate)	₹15 L/yr - ₹40 L/yr
14 years (AmbitionBox Estimate)	₹25 L/yr - ₹68.9 L/yr
15+ years (8 salaries)	₹33 L/yr - ₹52.5 L/yr

View all

Similar Designation salaries in Marsh McLennan

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(117 salaries)

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Business Analyst Salary

(22 salaries)

₹8.59 L/yr - ₹32.97 L/yr

Technical Manager Salary

(15 salaries)

₹6.2 L/yr - ₹24.55 L/yr

Project Manager Salary

(6 salaries)

₹12.3 L/yr - ₹27.5 L/yr

Scrum Master Salary

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₹14.4 L/yr - ₹27 L/yr

Product Manager Salary

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₹31.5 L/yr - ₹40.2 L/yr

Top skills at Marsh McLennan for Associate Director

CFA Data Analytics Investment Banking Software Asset Management Python Change Management Wealth Management Portfolio Management Talent Management Employee Engagement Client Management

Salary related reviews for Marsh McLennan

4.0

Rated by 1 employees for salary & benefits

SRM Analyst in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 07 Nov 2024

1.0

for Salary and Benefits

Likes

Hybrid work culture

Dislikes

Work stress, not employee centric , no employee retention efforts, less salary, poor work culture, don't get help when needed. Managers are very casual, no regular one to one sessions for growth. No class room trainings available. No Hr available. Don't know the details. No Hr interaction with employees. No transparency..

Salary - Bad

+6 more

Senior Associate 1 in Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 18 Dec 2023

4.0

for Salary and Benefits

Likes

Thw work environment and the culture is just fantastic also the initiative company takes for the poor people like running varios camps and stuff. Company looks after each and every employee. Best company to work.

Salary - Good

+4 more

Dislikes

...me. There are fee departments which are amazing and the rest are not that great. Like if you are in operation I would say you are not in that good spot due to the salary being low and also fresher get good hike but the experienced people do suffer alot. Like if you are coming from an experienced Background its better if you get the initial good hike. Later you won’t get that much appraisal.

Senior Principal Engineer in Pune

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 25 Nov 2023

3.0

for Salary and Benefits

Likes

Pay and benifits are good. Some management people are nice and helpful. Join if you are ok with working on legacy,unclear and zero work saticedaction projects (specifically java guys,but more or less same with all other roles).

Dislikes

Worst culture 0 management 0 growth 0 learning 0 process 0 discipline Legacy technologies Unclear agendas of management. Do not join if you want to learn new things and grow in your career.

Skill development - Bad

+4 more

Specialist 1 in Mumbai

Full Time

Risk Management & Compliance Department

4.0

• posted on 12 Oct 2023

1.0

for Salary and Benefits

Likes

Great company in terms of policies that support people and their well-being

Job security - Good

Dislikes

...ou are with your boss you should have no opinions on whatsoever you believe in Salary structure is as such that they discourage more leaves

Salary - Bad

+1 more

Assistant Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 25 Mar 2021

5.0

for Salary and Benefits

Likes

Work is monotonous, management doesn’t care about employees leaving, though compensation and benefits are way good than others, but no chances of career growth.

Salary - Excellent

+2 more

Dislikes

No growth in knowledge after working for years. Filling time sheets feels like a burden.

Skill development - Bad

+1 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Marsh McLennan Associate Director Salary FAQs

What is the salary of Associate Director at Marsh McLennan in Mumbai?

The average salary of a Associate Director at Marsh McLennan in Mumbai typically ranges from ₹25.0 Lakhs to ₹52.5 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Associate Director in Mumbai at Marsh McLennan earn more than ₹50.8 Lakhs per year, and the top 1% earn over ₹52.5 Lakhs per year. Associate Director Salaries at Marsh McLennan can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Marsh McLennan employees in India.

What is the estimated take home salary of a Associate Director at Marsh McLennan in Mumbai?

The estimated take-home salary of a Associate Director at Marsh McLennan in Mumbai typically ranges from ₹2,33,096 to ₹2,42,499 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹52.5 Lakhs per year for employees with experience ranging from 10 years to 20 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Marsh McLennan. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Director at Marsh McLennan in Mumbai?

To be a Associate Director at Marsh McLennan in Mumbai, the key skills required include:

- CFA
- Data Analytics
- Investment Banking
- Software Asset Management
- Python

These skills are highly valued at Marsh McLennan and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Marsh McLennan for Associate Director in India?

BNP Paribas	₹23.0 Lakhs to ₹55.2 Lakhs per year
HSBC Group	₹36.0 Lakhs to ₹61.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Marsh McLennan, depending on the role and experience level.

What is the salary of a Associate Director in companies similar to Marsh McLennan in Mumbai?

The salary of a Associate Director at companies similar to Marsh McLennan in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bnp Paribas Securities	₹34.0 Lakhs to ₹36.5 Lakhs per year
UBS	₹14.8 Lakhs to ₹52.0 Lakhs per year
Morgan Stanley	₹26.0 Lakhs to ₹40.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Associate Director at Marsh McLennan in Mumbai?

The salary growth for a Associate Director at Marsh McLennan in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Director in Mumbai can expect the following growth trajectory at Marsh McLennan:

Experience	Average Salary Range
10 years	₹31.0 Lakhs to ₹35.5 Lakhs per year
11 years	₹25.9 Lakhs to ₹45.0 Lakhs per year
12 years	₹25.9 Lakhs to ₹41.0 Lakhs per year
13 years	₹15.0 Lakhs to ₹40.0 Lakhs per year

and so on.

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Marsh McLennan Associate Director Salaries in Mumbai

Marsh McLennan Associate Director salary in Mumbai ranges between ₹25 Lakhs to ₹52.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Marsh McLennan latest salaries received from various employees of Marsh McLennan.