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Marsh McLennan Associate salaries in Mumbai (Updated 2025)

Annual salary range
0 - 5 years exp.
₹1.8 Lakh - ₹4.1 Lakhs
Salary of majority employees
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62% less than the average Associate Salary in Financial Services Companies for 0 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Salary
0 - 5 years exp. (51 salaries)
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₹2 L/yr - ₹4 L/yr

Finance & Accounting
Associate Salary
0 - 5 years exp. (45 salaries)
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₹1.8 L/yr - ₹4.1 L/yr

BFSI, Investments & Trading
Associate Salary
0 - 5 years exp. (23 salaries)
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₹1.8 L/yr - ₹4 L/yr

Engineering - Software & QA
Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3 L/yr

Last Updated: 1 Mar 2025

Companies similar to Marsh McLennan for Associate in Mumbai

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Marsh McLennan Associate Salary

0 - 5 years exp. (153 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCS Associate Salary

0 - 9 years exp. (714 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 24% more
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Wipro Associate Salary

0 - 5 years exp. (1.2k salaries)

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₹0.9 L/yr - ₹4.5 L/yr

arrow icon 6% less
30 job openings
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Tech Mahindra Associate Salary

0 - 6 years exp. (186 salaries)

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₹1.2 L/yr - ₹8 L/yr

arrow icon 23% more
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Accenture Associate Salary

0 - 7 years exp. (824 salaries)

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₹1 L/yr - ₹8.5 L/yr

arrow icon 31% more
68 job openings
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Capgemini Associate Salary

0 - 5 years exp. (97 salaries)

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₹1 L/yr - ₹8.7 L/yr

arrow icon 27% more
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JPMorgan Chase & Co. Associate Salary

1 - 17 years exp. (3k salaries)

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₹10 L/yr - ₹37.1 L/yr

arrow icon 726% more
55 job openings
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Morgan Stanley Associate Salary

0 - 11 years exp. (2.1k salaries)

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₹5 L/yr - ₹21 L/yr

arrow icon 308% more
1 job opening
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BNP Paribas Associate Salary

0 - 5 years exp. (298 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 67% more
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State Street Corporation Associate Salary

0 - 5 years exp. (174 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 21% more
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Citicorp Associate Salary

0 - 10 years exp. (94 salaries)

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₹6 L/yr - ₹25.8 L/yr

arrow icon 395% more
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Ocwen Financial Solutions Associate Salary

1 - 7 years exp. (51 salaries)

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₹1.9 L/yr - ₹5.5 L/yr

arrow icon 37% more
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UBS Associate Salary

1 - 10 years exp. (32 salaries)

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₹6.7 L/yr - ₹19.1 L/yr

arrow icon 368% more
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BNY Associate Salary

2 - 10 years exp. (25 salaries)

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₹4 L/yr - ₹16.2 L/yr

arrow icon 215% more
8 job openings
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Aditya Birla Capital Associate Salary

0 - 6 years exp. (13 salaries)

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₹2.1 L/yr - ₹6 L/yr

arrow icon 28% more
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HSBC Group Associate Salary

1 - 7 years exp. (12 salaries)

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₹7.5 L/yr - ₹17.3 L/yr

arrow icon 240% more
1 job opening
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IDFC FIRST Bharat Associate Salary

0 - 4 years exp. (3 salaries)

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₹2.2 L/yr - ₹2.5 L/yr

arrow icon 24% less
Associate salary at Marsh McLennan ranges between ₹1.8 Lakh to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 153 latest salaries received from various employees of Marsh McLennan.

Latest annual salaries shared by Marsh McLennan Associate in Mumbai

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Experience wise Marsh McLennan Associate salaries in Mumbai

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
Fresher  (31 salaries)

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₹2 L/yr - ₹3.5 L/yr
1 year  (43 salaries)

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₹2 L/yr - ₹4 L/yr
2 years  (33 salaries)

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₹1.8 L/yr - ₹4 L/yr
3 years  (30 salaries)

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₹1.8 L/yr - ₹4.1 L/yr
4 years  (10 salaries)

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₹2.5 L/yr - ₹4 L/yr
View all
Marsh McLennan Associate Salary and Career Growth

From

To

Associate

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0 - 5 years exp.

Technical Lead

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3 - 16 years exp.

Associate 0 - 5 years exp.
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Senior Associate 2 - 9 years exp.
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arrow icon 56% hike
    Technical Lead 3 - 16 years exp.
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    arrow icon 157% hike

    From

    To

    Associate

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    0 - 5 years exp.

    Deputy Manager

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    5 - 18 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Marsh McLennan

    Senior Associate Salary
    (351 salaries)
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    ₹2.85 L/yr - ₹6.6 L/yr
    Technical Lead Salary
    (122 salaries)
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    ₹4 L/yr - ₹13.95 L/yr
    Team Lead Salary
    (17 salaries)
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    ₹5.3 L/yr - ₹8.4 L/yr
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    ₹6.78 L/yr - ₹11 L/yr

    Top skills at Marsh McLennan for Associate

    Project Management Operations Excel Interpersonal Skills Administration

    Salary related reviews for Marsh McLennan

    3.3

    Rated by 23 employees for salary & benefits

    Marketing & Communication Department

    5.0
      •  posted on 01 Jul 2022

    3.0
     for  Salary and Benefits

    Likes

    Best company for Females. Employee oriented firm

    • Skill development - Excellent
    • +5 more

    Dislikes

    ...urs for western people is 1-10pm. It is very much partial for western people. Salary is less as compared to work. As traveling takes 3 hours per day So working from office is a big challenge.

    read more

    BFSI, Investments & Trading Department

    3.0
      •  posted on 14 Dec 2021

    4.0
     for  Salary and Benefits

    Likes

    If you are on third party payroll you have 0 to No job security here. Starting salary is very low for permanent employees. After a point the growth is very very slow .

    read more
    • Salary - Good
    • +3 more

    Dislikes

    Starting salary is very very low even for experienced employees. Some managers are highly biased

    read more

    Full Time

     · 

    Finance & Accounting Department

    2.0
      •  posted on 19 Apr 2022

    5.0
     for  Salary and Benefits

    Likes

    Company benefits and work atmosphere are good . We have transport facility , canteen facility with minimal rates , monthly or quarterly budget for team get together .

    read more
    • Salary - Excellent
    • +2 more

    Dislikes

    ...ger torchere to work more than 9 hours a day also expected to work on weekends . Less salary is paid in comparison of work they expect from us to do . Managers doesn't understands where situations like person is on SL or family member is sick . Expects you to work and not take a single SL or leaves not allowed to take in a bulk like a week. You have to split your leaves in 2,3 days then take . There are situations like people's entire yearly leaves are carry forward and lapse coz manager doesn't approve to take leave . Most frustrating Job . Do not apply ever . Instead go for other companies

    read more
    • Skill development - Bad
    • +3 more

    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..

    read more
    • Salary - Bad
    • +6 more

    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.

    read more
    • 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.

    read more
    see more salary related reviews

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    Marsh McLennan Associate Salary FAQs

    What is the salary of Associate at Marsh McLennan in Mumbai?
    The average salary of a Associate at Marsh McLennan in Mumbai typically ranges from ₹1.8 Lakhs to ₹4.1 Lakhs per year, depending on experience (from Fresher to 5 years).

    The top 10% of Associate in Mumbai at Marsh McLennan earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Associate 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 100+ Marsh McLennan employees in India.
    What is the estimated take home salary of a Associate at Marsh McLennan in Mumbai?
    The estimated take-home salary of a Associate at Marsh McLennan in Mumbai typically ranges from ₹21,596 to ₹23,085 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from Fresher to 5 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 100+ 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 at Marsh McLennan in Mumbai?
    To be a Associate at Marsh McLennan in Mumbai, the key skills required include:

    • - Project Management
    • - Operations
    • - Excel
    • - Interpersonal Skills
    • - Administration

    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 in India?
    JPMorgan Chase & Co. ₹10.0 Lakhs to ₹37.1 Lakhs per year
    Citicorp ₹6.0 Lakhs to ₹25.8 Lakhs per year
    UBS ₹6.7 Lakhs to ₹19.1 Lakhs per year
    Morgan Stanley ₹5.0 Lakhs to ₹21.0 Lakhs per year
    HSBC Group ₹7.5 Lakhs to ₹17.3 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 in companies similar to Marsh McLennan in Mumbai?
    The salary of a Associate at companies similar to Marsh McLennan in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    BNY ₹4.0 Lakhs to ₹16.2 Lakhs per year
    BNP Paribas ₹2.0 Lakhs to ₹10.0 Lakhs per year
    Ocwen Financial Solutions ₹1.9 Lakhs to ₹5.5 Lakhs per year
    Accenture ₹1.0 Lakhs to ₹8.5 Lakhs per year
    Aditya Birla Capital ₹2.1 Lakhs to ₹6.0 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 at Marsh McLennan in Mumbai?
    The salary growth for a Associate at Marsh McLennan in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at Marsh McLennan:

    Experience Average Salary Range
    Fresher ₹2.0 Lakhs to ₹3.5 Lakhs per year
    1 year ₹2.0 Lakhs to ₹4.0 Lakhs per year
    2 years ₹1.8 Lakhs to ₹4.0 Lakhs per year
    3 years ₹1.8 Lakhs to ₹4.1 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Marsh McLennan Associate salary in Mumbai ranges between ₹1.8 Lakh to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 153 Marsh McLennan latest salaries received from various employees of Marsh McLennan.