Marsh McLennan Mumbai Senior Manager Salaries by 80+ Employees (Updated 2025)

7 - 16 years exp.

₹12.2 Lakhs - ₹46 Lakhs

Salary of majority employees

19% more than the average Senior Manager Salary in Financial Services Companies for 7 - 16 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Data Science & Analytics Senior Manager Salary 8 - 16 years exp. (10 salaries)	₹17.3 L/yr - ₹38 L/yr
Finance & Accounting Senior Manager Salary 8 - 13 years exp. (10 salaries)	₹14 L/yr - ₹32 L/yr
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Consulting Senior Manager Salary 7 - 13 years exp. (9 salaries)	₹15 L/yr - ₹38 L/yr
BFSI, Investments & Trading Senior Manager Salary 10 - 15 years exp. (6 salaries)	₹22 L/yr - ₹35.2 L/yr
Engineering - Software & QA Senior Manager Salary 13 - 16 years exp. (5 salaries)	₹26.7 L/yr - ₹38.8 L/yr

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Last Updated: 20 Mar 2025

Companies similar to Marsh McLennan for Senior Manager in Mumbai

Marsh McLennan Senior Manager Salary

7 - 16 years exp. (81 salaries)

₹12.2 L/yr - ₹46 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Senior Manager Salary 5 - 16 years exp. (934 salaries)	₹15 L/yr - ₹54 L/yr 27% more
Motilal Oswal Financial Services Senior Manager Salary 5 - 19 years exp. (117 salaries)	₹6 L/yr - ₹20 L/yr 52% less	1 job opening
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Citicorp Senior Manager Salary 5 - 17 years exp. (93 salaries)	₹9.5 L/yr - ₹28 L/yr 16% less
State Street Corporation Senior Manager Salary 10 - 19 years exp. (48 salaries)	₹14.5 L/yr - ₹40 L/yr 8% more
Aditya Birla Capital Senior Manager Salary 2 - 13 years exp. (46 salaries)	₹5.6 L/yr - ₹22 L/yr 47% less
BNP Paribas Senior Manager Salary 8 - 18 years exp. (21 salaries)	₹11.5 L/yr - ₹35.4 L/yr 20% less
American Express Senior Manager Salary 8 - 14 years exp. (19 salaries)	₹18.4 L/yr - ₹60.2 L/yr 69% more	1 job opening
JPMorgan Chase & Co. Senior Manager Salary 10 - 17 years exp. (17 salaries)	₹11.6 L/yr - ₹33 L/yr 15% less	2 job openings
RBL FinServe Senior Manager Salary 2 - 20 years exp. (16 salaries)	₹8.5 L/yr - ₹15 L/yr 54% less
UBS Senior Manager Salary 6 - 16 years exp. (5 salaries)	₹12.8 L/yr - ₹48 L/yr 19% more
Ocwen Financial Solutions Senior Manager Salary 13 - 19 years exp. (5 salaries)	₹27 L/yr - ₹40 L/yr 32% more
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Aon Senior Manager Salary 10 - 17 years exp. (3 salaries)	₹12 L/yr - ₹23.5 L/yr 28% less	1 job opening
Cholamandalam Investment & Finance Senior Manager Salary 9 - 10 years exp. (3 salaries)	₹8.7 L/yr - ₹21 L/yr 55% less
Shriram Group Senior Manager Salary 6 - 7 years exp. (3 salaries)	₹7 L/yr - ₹16 L/yr 51% less

Senior Manager salary at Marsh McLennan ranges between ₹12.2 Lakhs to ₹46 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 81 latest salaries received from various employees of Marsh McLennan.

Experience wise Marsh McLennan Senior Manager salaries in Mumbai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
7 years (4 salaries)	₹17.5 L/yr - ₹29.4 L/yr
8 years (13 salaries)	₹18.5 L/yr - ₹35.5 L/yr
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9 years (9 salaries)	₹20 L/yr - ₹38 L/yr
10 years (12 salaries)	₹20 L/yr - ₹41.3 L/yr
11 years (5 salaries)	₹15 L/yr - ₹30.5 L/yr
12 years (10 salaries)	₹14 L/yr - ₹35.2 L/yr
13 years (16 salaries)	₹12.2 L/yr - ₹45 L/yr
14 years (AmbitionBox Estimate)	₹22 L/yr - ₹38 L/yr
15+ years (10 salaries)	₹15.9 L/yr - ₹46 L/yr

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From

Senior Manager

7 - 16 years exp.

Associate Director

10 - 20 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

Deputy Manager Salary

(77 salaries)

₹7.9 L/yr - ₹22.5 L/yr

Team Lead Salary

(17 salaries)

₹5.3 L/yr - ₹8.4 L/yr

Relationship Manager Salary

(4 salaries)

₹8 L/yr - ₹11 L/yr

Top skills at Marsh McLennan for Senior Manager

Risk Management Analytical Analytics SQL Python

Salary related reviews for Marsh McLennan

3.8

Rated by 11 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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Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Marsh McLennan Senior Manager Salary FAQs

What is the salary of Senior Manager at Marsh McLennan in Mumbai?

The average salary of a Senior Manager at Marsh McLennan in Mumbai typically ranges from ₹12.2 Lakhs to ₹46.0 Lakhs per year, depending on experience (from 7 years to 16 years).

The top 10% of Senior Manager in Mumbai at Marsh McLennan earn more than ₹38.0 Lakhs per year, and the top 1% earn over ₹45.7 Lakhs per year. Senior Manager 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 80+ Marsh McLennan employees in India.

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

The estimated take-home salary of a Senior Manager at Marsh McLennan in Mumbai typically ranges from ₹1,62,242 to ₹1,68,441 per month. This is based on the average salary range of ₹12.2 Lakhs to ₹46.0 Lakhs per year for employees with experience ranging from 7 years to 16 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 80+ 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 Senior Manager at Marsh McLennan in Mumbai?

To be a Senior Manager at Marsh McLennan in Mumbai, the key skills required include:

- Risk Management
- Analytical
- Analytics
- SQL
- 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 Senior Manager in India?

American Express	₹18.4 Lakhs to ₹60.2 Lakhs per year
Ocwen Financial Solutions	₹27.0 Lakhs to ₹40.0 Lakhs per year
Morgan Stanley	₹15.0 Lakhs to ₹54.0 Lakhs per year
UBS	₹12.8 Lakhs to ₹48.0 Lakhs per year
State Street Corporation	₹14.5 Lakhs to ₹40.0 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 Senior Manager in companies similar to Marsh McLennan in Mumbai?

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

JPMorgan Chase & Co.	₹11.6 Lakhs to ₹33.0 Lakhs per year
Citicorp	₹9.5 Lakhs to ₹28.0 Lakhs per year
BNP Paribas	₹11.5 Lakhs to ₹35.4 Lakhs per year
Aon	₹12.0 Lakhs to ₹23.5 Lakhs per year
Aditya Birla Capital	₹5.6 Lakhs to ₹22.0 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 Senior Manager at Marsh McLennan in Mumbai?

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

Experience	Average Salary Range
7 years	₹17.5 Lakhs to ₹29.4 Lakhs per year
8 years	₹18.5 Lakhs to ₹35.5 Lakhs per year
9 years	₹20.0 Lakhs to ₹38.0 Lakhs per year
10 years	₹20.0 Lakhs to ₹41.3 Lakhs per year

and so on.

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Marsh McLennan Senior Manager Salaries in Mumbai

Marsh McLennan Senior Manager salary in Mumbai ranges between ₹12.2 Lakhs to ₹46 Lakhs with an average annual salary of ₹. Salary estimates are based on 81 Marsh McLennan latest salaries received from various employees of Marsh McLennan.