Marsh McLennan Mumbai Vice President Salaries by 9 Employees

10 - 15 years exp.

₹24 Lakhs - ₹45 Lakhs

Salary of majority employees

17% less than the average Vice President Salary in Financial Services Companies for 10 - 15 years of experience

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Salaries in different departments

Data Science & Analytics Vice President Salary 10 - 11 years exp. (3 salaries)	₹24 L/yr - ₹40 L/yr
BFSI, Investments & Trading Vice President Salary 11 - 15 years exp. (AmbitionBox Estimate)	₹40.6 L/yr - ₹45 L/yr
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Finance & Accounting Vice President Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹41.5 L/yr - ₹45 L/yr

Last Updated: 11 May 2024

Companies similar to Marsh McLennan for Vice President in Mumbai

Marsh McLennan Vice President Salary

10 - 15 years exp. (9 salaries)

₹24 L/yr - ₹45 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Vice President Salary 12 - 20 years exp. (6 salaries)	₹38 L/yr - ₹55 L/yr 29% more
Wipro Vice President Salary 9 - 24 years exp. (6 salaries)	₹27 L/yr - ₹1 Cr/yr 45% more
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Tech Mahindra Vice President Salary 15 - 20 years exp. (4 salaries)	₹40 L/yr - ₹62 L/yr 42% more
Accenture Vice President Salary 16 - 26 years exp. (37 salaries)	₹34.5 L/yr - ₹95 L/yr 47% more
Capgemini Vice President Salary 22 - 29 years exp. (9 salaries)	₹30 L/yr - ₹1 Cr/yr 83% more
JPMorgan Chase & Co. Vice President Salary 8 - 24 years exp. (1.3k salaries)	₹20 L/yr - ₹67.8 L/yr 25% more	55 job openings
Citicorp Vice President Salary 8 - 24 years exp. (836 salaries)	₹25 L/yr - ₹70 L/yr 29% more
Morgan Stanley Vice President Salary 10 - 21 years exp. (696 salaries)	₹21.5 L/yr - ₹80 L/yr 29% more
UBS Vice President Salary 10 - 21 years exp. (270 salaries)	₹24 L/yr - ₹75.1 L/yr 29% more
HSBC Group Vice President Salary 6 - 22 years exp. (132 salaries)	₹16.3 L/yr - ₹63 L/yr 9% less	7 job openings
BNP Paribas Vice President Salary 10 - 25 years exp. (89 salaries)	₹17.8 L/yr - ₹65 L/yr 8% more
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BNY Vice President Salary 7 - 20 years exp. (67 salaries)	₹14.5 L/yr - ₹51.8 L/yr 13% less	35 job openings
Wells Fargo Vice President Salary 12 - 19 years exp. (29 salaries)	₹25 L/yr - ₹63 L/yr 18% more
State Street Corporation Vice President Salary 14 - 23 years exp. (20 salaries)	₹25 L/yr - ₹75 L/yr 30% more
Aditya Birla Capital Vice President Salary 20 - 31 years exp. (5 salaries)	₹70 L/yr - ₹96 L/yr 127% more
IDFC FIRST Bharat Vice President Salary 12 - 19 years exp. (5 salaries)	₹27.3 L/yr - ₹38 L/yr 23% less

Vice President salary at Marsh McLennan ranges between ₹24 Lakhs to ₹45 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of Marsh McLennan.

Experience wise Marsh McLennan Vice President salaries in Mumbai

Last Updated: 11 May 2024

Experience	Avg Annual Salary
10 years (3 salaries)	₹35 L/yr - ₹45 L/yr
11 years (3 salaries)	₹24 L/yr - ₹45 L/yr
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12 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹45 L/yr
13 years (AmbitionBox Estimate)	₹35.3 L/yr - ₹45.1 L/yr
14 years (AmbitionBox Estimate)	₹34.8 L/yr - ₹44.5 L/yr
15+ years (AmbitionBox Estimate)	₹15.2 L/yr - ₹44 L/yr

View all

Similar Designation salaries in Marsh McLennan

Associate Director Salary

(21 salaries)

₹25 L/yr - ₹52.5 L/yr

Assistant Vice President Salary

(14 salaries)

₹14 L/yr - ₹24.8 L/yr

Director Salary

(12 salaries)

₹33.5 L/yr - ₹60.47 L/yr

Project Manager Salary

(6 salaries)

₹12.3 L/yr - ₹27.5 L/yr

Associate Vice President Salary

(4 salaries)

₹21.1 L/yr - ₹30 L/yr

Head Operations Salary

(3 salaries)

₹39 L/yr - ₹41.65 L/yr

Salary related reviews for Marsh McLennan

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

see more salary related reviews

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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 Vice President Salary FAQs

What is the salary of Vice President at Marsh McLennan in Mumbai?

The average salary of a Vice President at Marsh McLennan in Mumbai typically ranges from ₹24.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Vice President in Mumbai at Marsh McLennan earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Vice President 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 9 Marsh McLennan employees in India.

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

The estimated take-home salary of a Vice President at Marsh McLennan in Mumbai typically ranges from ₹2,34,131 to ₹2,43,581 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 10 years to 15 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 9 salaries received from various employees of Marsh McLennan. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Marsh McLennan for Vice President in India?

Aditya Birla Capital	₹70.0 Lakhs to ₹96.0 Lakhs per year
Capgemini	₹30.0 Lakhs to ₹102.0 Lakhs per year
Accenture	₹34.5 Lakhs to ₹95.0 Lakhs per year
Wipro	₹27.0 Lakhs to ₹101.0 Lakhs per year
Tech Mahindra	₹40.0 Lakhs to ₹62.0 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 Vice President in companies similar to Marsh McLennan in Mumbai?

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

State Street Corporation	₹25.0 Lakhs to ₹75.0 Lakhs per year
UBS	₹24.0 Lakhs to ₹75.1 Lakhs per year
Morgan Stanley	₹21.5 Lakhs to ₹80.0 Lakhs per year
Citicorp	₹25.0 Lakhs to ₹70.0 Lakhs per year
TCS	₹38.0 Lakhs to ₹55.0 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 Vice President at Marsh McLennan in Mumbai?

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

Experience	Average Salary Range
10 years	₹35.0 Lakhs to ₹45.0 Lakhs per year
11 years	₹24.0 Lakhs to ₹45.0 Lakhs per year
12 years	₹15.9 Lakhs to ₹45.0 Lakhs per year
13 years	₹35.3 Lakhs to ₹45.1 Lakhs per year

and so on.

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Marsh McLennan Vice President Salaries in Mumbai

Marsh McLennan Vice President salary in Mumbai ranges between ₹24 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Marsh McLennan latest salaries received from various employees of Marsh McLennan.