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Marsh McLennan Process Associate salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹2 Lakhs - ₹4.2 Lakhs
Salary of majority employees
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Fixed (100%)
₹3.4 Lakhs
Variable (0%)
₹0.0
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8% more than the average Process Associate Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Process Associate Salary
0 - 4 years exp. (7 salaries)
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₹2.3 L/yr - ₹4.2 L/yr

Finance & Accounting
Process Associate Salary
0 - 4 years exp. (6 salaries)
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₹2.8 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Process Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹3.6 L/yr

Last Updated: 17 Sep 2024

Companies similar to Marsh McLennan for Process Associate in Mumbai

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Marsh McLennan Process Associate Salary

0 - 4 years exp. (16 salaries)

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₹2 L/yr - ₹4.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Process Associate Salary

5 - 14 years exp. (25 salaries)

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₹5.2 L/yr - ₹17 L/yr

arrow icon 193% more
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₹2.5 L/yr - ₹4 L/yr

arrow icon 10% more
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Morgan Stanley Process Associate Salary

4 - 9 years exp. (10 salaries)

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₹7.3 L/yr - ₹14.1 L/yr

arrow icon 146% more
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Citicorp Process Associate Salary

3 - 5 years exp. (9 salaries)

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₹3.8 L/yr - ₹6 L/yr

arrow icon 60% more
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BNP Paribas Process Associate Salary

0 - 4 years exp. (7 salaries)

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₹2.4 L/yr - ₹3.4 L/yr

arrow icon 4% less
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₹3.4 L/yr - ₹4.3 L/yr

arrow icon 15% more
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₹3 L/yr - ₹5 L/yr

arrow icon 24% more
Process Associate salary at Marsh McLennan ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 16 latest salaries received from various employees of Marsh McLennan.

Latest annual salaries shared by Marsh McLennan Process Associate in Mumbai

6mo ago
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4 years exp.
1y ago
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3 months exp.
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2 years exp.

Experience wise Marsh McLennan Process Associate salaries in Mumbai

Last Updated: 17 Sep 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2.8 L/yr - ₹3.7 L/yr
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹6 L/yr
2 years  (3 salaries)

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₹2.8 L/yr - ₹3.5 L/yr
3 years  (4 salaries)

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₹2.4 L/yr - ₹4.1 L/yr
4 years  (5 salaries)

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₹2.3 L/yr - ₹4.2 L/yr

Similar Designation salaries in Marsh McLennan

Senior Associate Salary
(351 salaries)
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₹2.85 L/yr - ₹6.6 L/yr
Senior Analyst Salary
(123 salaries)
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₹2.4 L/yr - ₹7.6 L/yr
Analyst Salary
(84 salaries)
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₹2.4 L/yr - ₹9 L/yr
Accountant Salary
(15 salaries)
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₹2.4 L/yr - ₹6.5 L/yr
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₹3.6 L/yr - ₹6.12 L/yr
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₹4.5 L/yr - ₹5.2 L/yr
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₹3.2 L/yr - ₹5 L/yr

Top skills at Marsh McLennan for Process Associate

Basic KPI Service Level

Salary related reviews for Marsh McLennan

4.8

Rated by 7 employees for salary & benefits

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

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).

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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.

read more
  • Skill development - Bad
  • +4 more

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

read more
  • Salary - Bad
  • +1 more
see more salary related reviews

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Marsh McLennan Process Associate Salary FAQs

What is the salary of Process Associate at Marsh McLennan in Mumbai?
The average salary of a Process Associate at Marsh McLennan in Mumbai typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Process Associate in Mumbai at Marsh McLennan earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Process 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 10+ Marsh McLennan employees in India.
What is the estimated take home salary of a Process Associate at Marsh McLennan in Mumbai?
The estimated take-home salary of a Process Associate at Marsh McLennan in Mumbai typically ranges from ₹25,059 to ₹26,497 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 10+ 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 Process Associate at Marsh McLennan in Mumbai?
To be a Process Associate at Marsh McLennan in Mumbai, the key skills required include:

  • - Basic
  • - KPI
  • - Service Level

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 Process Associate in India?
JPMorgan Chase & Co. ₹5.2 Lakhs to ₹17.0 Lakhs per year
Morgan Stanley ₹7.3 Lakhs to ₹14.1 Lakhs per year
Citicorp ₹3.8 Lakhs to ₹6.0 Lakhs per year
Bnp Paribas Securities ₹3.0 Lakhs to ₹5.0 Lakhs per year
State Street Corporation ₹3.4 Lakhs to ₹4.3 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 Process Associate in companies similar to Marsh McLennan in Mumbai?
The salary of a Process Associate at companies similar to Marsh McLennan in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ocwen Financial Solutions ₹2.5 Lakhs to ₹4.0 Lakhs per year
BNP Paribas ₹2.4 Lakhs to ₹3.4 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 Process Associate at Marsh McLennan in Mumbai?
The salary growth for a Process Associate at Marsh McLennan in Mumbai depends on factors such as experience, performance, and promotions. On average, a Process Associate in Mumbai can expect the following growth trajectory at Marsh McLennan:

Experience Average Salary Range
Fresher ₹2.8 Lakhs to ₹3.7 Lakhs per year
1 year ₹2.0 Lakhs to ₹6.0 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.4 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

Marsh McLennan Process Associate salary in Mumbai ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Marsh McLennan latest salaries received from various employees of Marsh McLennan.