Marsh McLennan Mumbai Vice President Salaries by 9 Employees (Updated 2024)

10 - 15 years exp.

₹24 Lakhs - ₹45 Lakhs

Salary of majority employees

19% 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)	₹38.9 L/yr - ₹45 L/yr
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Finance & Accounting Vice President Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹40.2 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 36% more
Wipro Vice President Salary 9 - 24 years exp. (6 salaries)	₹27 L/yr - ₹94.9 L/yr 47% more
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Accenture Vice President Salary 15 - 24 years exp. (37 salaries)	₹34.5 L/yr - ₹95 L/yr 48% more
Capgemini Vice President Salary 20 - 29 years exp. (10 salaries)	₹40 L/yr - ₹1 Cr/yr 80% more
JPMorgan Chase & Co. Vice President Salary 8 - 23 years exp. (1.3k salaries)	₹20 L/yr - ₹67 L/yr 26% more	13 job openings
Morgan Stanley Vice President Salary 10 - 21 years exp. (617 salaries)	₹20.7 L/yr - ₹80 L/yr 28% more
Citicorp Vice President Salary 9 - 22 years exp. (283 salaries)	₹30 L/yr - ₹66.6 L/yr 31% more
UBS Vice President Salary 10 - 21 years exp. (269 salaries)	₹24 L/yr - ₹75.1 L/yr 37% more
Citigroup Vice President Salary 10 - 23 years exp. (195 salaries)	₹33 L/yr - ₹65 L/yr 31% more
HSBC Group Vice President Salary 7 - 23 years exp. (119 salaries)	₹15.6 L/yr - ₹63 L/yr 2% less
BNP Paribas Vice President Salary 10 - 25 years exp. (69 salaries)	₹20 L/yr - ₹62 L/yr 10% more
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BNY Vice President Salary 8 - 20 years exp. (62 salaries)	₹17.5 L/yr - ₹57 L/yr 8% less	1 job opening
Wells Fargo Vice President Salary 12 - 19 years exp. (30 salaries)	₹25 L/yr - ₹71 L/yr 23% more
State Street Corporation Vice President Salary 14 - 23 years exp. (22 salaries)	₹26 L/yr - ₹75 L/yr 38% more
Aditya Birla Capital Vice President Salary 20 - 31 years exp. (5 salaries)	₹70 L/yr - ₹96 L/yr 136% more

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)	₹15.3 L/yr - ₹45 L/yr
13 years (AmbitionBox Estimate)	₹33.8 L/yr - ₹43.2 L/yr
14 years (AmbitionBox Estimate)	₹33.2 L/yr - ₹42.4 L/yr
15+ years (AmbitionBox Estimate)	₹14.3 L/yr - ₹44 L/yr

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Similar Designation salaries in Marsh McLennan

Associate Director Salary

(22 salaries)

₹25 L/yr - ₹52.5 L/yr

Assistant Vice President Salary

(14 salaries)

₹14 L/yr - ₹24.8 L/yr

Director Salary

(10 salaries)

₹43 L/yr - ₹102 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 - ₹29 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..

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.

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.

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

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

Senior Manager Talent Acquisition in Gurgaon / Gurugram

Full Time

Human Resources Department

5.0

• posted on 30 Aug 2023

5.0

for Salary and Benefits

Likes

How internal talent is promoted before considering an external candidate Fair practices Investment in people and culture Amazing alternate career opportunities within MMC

Dislikes

Compensation can be more competitive

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Marsh McLennan Vice President Salary FAQs

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

Vice President salary at Marsh McLennan in Mumbai ranges between ₹24.0 Lakhs to ₹45.0 Lakhs for experience between 10 years to 15 years. According to our estimates it is 19% less than the average Vice President Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Marsh McLennan Mumbai.

How does the salary of a Vice President at Marsh McLennan Mumbai compare with the average salary range for this job?

The average salary of a Vice President at Marsh McLennan is 19% less than the average salary of a Vice President in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Marsh McLennan to a Vice President in Mumbai?

Aditya Birla Capital Vice President Salary - ₹70.0 Lakhs to ₹96.0 Lakhs per year
Capgemini Vice President Salary - ₹40.0 Lakhs to ₹102.0 Lakhs per year
Accenture Vice President Salary - ₹34.5 Lakhs to ₹95.0 Lakhs per year
Wipro Vice President Salary - ₹27.0 Lakhs to ₹94.9 Lakhs per year
State Street Corporation Vice President Salary - ₹26.0 Lakhs to ₹75.0 Lakhs per year

What is the salary of a Vice President in companies similar to Marsh McLennan in Mumbai?

UBS Vice President Salary - ₹24.0 Lakhs to ₹75.1 Lakhs per year
TCS Vice President Salary - ₹38.0 Lakhs to ₹55.0 Lakhs per year
Citicorp Vice President Salary - ₹30.0 Lakhs to ₹66.6 Lakhs per year
Citigroup Vice President Salary - ₹33.0 Lakhs to ₹65.0 Lakhs per year
Morgan Stanley Vice President Salary - ₹20.7 Lakhs to ₹80.0 Lakhs per year

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 ranges between ₹2,25,387 per month to ₹2,34,441 per month in Mumbai. The take-home salary calculation is based on the average Marsh McLennan Vice President salary in India which ranges between ₹24.0 Lakhs to ₹45.0 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Vice President at Marsh McLennan in Mumbai?

According to AmbitionBox, 100% of the Marsh McLennan Vice Presidents in Mumbai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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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.