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Marsh McLennan Senior Associate salaries in Mumbai (Updated 2025)

Annual salary range
3 - 9 years exp.
₹3.5 Lakhs - ₹6.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Senior Associate Salary at Marsh McLennan ranges between ₹3.5 Lakhs to ₹6.8 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 309 latest salaries received from... Read more

52% less than the average Senior Associate Salary in Financial Services Companies for 3 - 9 years of experience

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Last Updated: 4 Aug 2025

Companies similar to Marsh McLennan for Senior Associate in Mumbai

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Marsh McLennan Senior Associate Salary

3 - 9 years exp. (309 salaries)

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₹3.5 L/yr - ₹6.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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BNP Paribas Senior Associate Salary

1 - 11 years exp. (983 salaries)

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₹8.2 L/yr - ₹13.5 L/yr

arrow icon 108% more
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Morgan Stanley Senior Associate Salary

0 - 10 years exp. (914 salaries)

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₹11 L/yr - ₹18 L/yr

arrow icon 182% more
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JPMorgan Chase & Co. Senior Associate Salary

3 - 18 years exp. (669 salaries)

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₹24.1 L/yr - ₹41.7 L/yr

arrow icon 515% more
12 job openings
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₹5 L/yr - ₹8.4 L/yr

arrow icon 12% more
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Bnp Paribas Securities Senior Associate Salary

3 - 10 years exp. (66 salaries)

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₹4.5 L/yr - ₹10 L/yr

arrow icon 33% more
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BNY Senior Associate Salary

2 - 14 years exp. (52 salaries)

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₹6.5 L/yr - ₹15 L/yr

arrow icon 105% more
10 job openings
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Citicorp Senior Associate Salary

0 - 9 years exp. (46 salaries)

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₹5.1 L/yr - ₹11.7 L/yr

arrow icon 62% more
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UBS Senior Associate Salary

5 - 10 years exp. (26 salaries)

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₹11.6 L/yr - ₹21.2 L/yr

arrow icon 196% more
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₹3.3 L/yr - ₹5.5 L/yr

arrow icon 18% less
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HSBC Group Senior Associate Salary

1 - 7 years exp. (13 salaries)

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₹9.3 L/yr - ₹17.9 L/yr

arrow icon 145% more
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₹5 L/yr - ₹10 L/yr

arrow icon 32% more
1 job opening
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₹12.5 L/yr - ₹23.4 L/yr

arrow icon 221% more
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Aon Senior Associate Salary

2 - 6 years exp. (3 salaries)

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₹5.9 L/yr - ₹13.8 L/yr

arrow icon 89% more
Marsh McLennan Senior Associate Salary and Career Growth

From

To

Senior Associate

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3 - 9 years exp.

Technical Lead

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4 - 11 years exp.

From

To

Senior Associate

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3 - 9 years exp.

Deputy Manager

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5 - 15 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.

Latest annual salaries shared by Marsh McLennan Senior Associate in Mumbai

2w ago
₹6.5 Lakhs
7 years exp.
2w ago
₹5.6 Lakhs
4 years exp.
3w ago
₹3.8 Lakhs
9 years exp.
1mo ago
₹6.8 Lakhs
5 years exp.
2mo ago
₹4 Lakhs
8 years exp.
2mo ago
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7 years exp.
2mo ago
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9 years exp.
3mo ago
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5 years exp.
3mo ago
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6 years exp.
3mo ago
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7 years exp.

Marsh McLennan Senior Associate salaries by

Years of experience Avg. annual salary
3 years  (38 salaries)

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₹3.5 L/yr - ₹5.3 L/yr
4 years  (69 salaries)

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₹3.5 L/yr - ₹6 L/yr
5 years  (82 salaries)

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₹3.5 L/yr - ₹6.8 L/yr
6 years  (51 salaries)

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₹3.5 L/yr - ₹6.5 L/yr
7 years  (43 salaries)

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₹3.5 L/yr - ₹6.6 L/yr
View all salaries by experience

Similar Designation Salaries at Marsh McLennan

Similar Designation Avg. annual salary
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₹4 L/yr - ₹13.5 L/yr

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₹4 L/yr - ₹13.1 L/yr

Team Lead Salary
(18 salaries)
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₹5.3 L/yr - ₹12 L/yr

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₹6 L/yr - ₹11 L/yr

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₹10.3 L/yr - ₹21 L/yr

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Salary related reviews for Marsh McLennan

3.7

Rated by 49 employees for salary & benefits

Finance & Accounting Department

2.0
  •  updated 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...

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Dislikes

.... Less salary is paid in comparison of work they expect from us to do . Managers doesn't...

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Data Science & Analytics Department

4.0
  •  updated on 14 May 2025

3.0
 for  Salary and Benefits

Likes

Good work life balance, very good learning opportunities, skill development and company culture

Dislikes

Guy Carpenter pays less compared to industry, Marsh pays well. Although Marsh and guy Carpen...

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BFSI, Investments & Trading Department

3.0
  •  updated on 07 Apr 2025

5.0
 for  Salary and Benefits

Likes

Salary is good and a hybrid work culture.

Dislikes

The female washroom is having transperant plastic curtains and it's shared with other firm on the sa...

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Customer Success, Service & Operations Department

1.0
  •  updated 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,...

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Customer Success, Service & Operations Department

4.0
  •  updated 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 poo...

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Dislikes

.... Like if you are in operation I would say you are not in that good spot due to the salary being...

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Marsh McLennan Senior Associate Salary FAQs

What is the salary of Senior Associate at Marsh McLennan in Mumbai?
The average salary of a Senior Associate at Marsh McLennan in Mumbai typically ranges from ₹3.5 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Senior Associate in Mumbai at Marsh McLennan earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Senior 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 300+ Marsh McLennan employees in India.
What is the estimated take home salary of a Senior Associate at Marsh McLennan in Mumbai?
The estimated take-home salary of a Senior Associate at Marsh McLennan in Mumbai typically ranges from ₹39,304 to ₹40,479 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 3 years to 9 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 300+ 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 Associate at Marsh McLennan in Mumbai?
To be a Senior Associate at Marsh McLennan in Mumbai, the key skills required include:

  • - Project Management
  • - Monitoring
  • - Claims
  • - Management
  • - HR

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 Associate in India?
JPMorgan Chase & Co. ₹24.1 Lakhs to ₹41.7 Lakhs per year
Northern Trust Operating Services ₹12.5 Lakhs to ₹23.4 Lakhs per year
UBS ₹11.6 Lakhs to ₹21.2 Lakhs per year
Morgan Stanley ₹11.0 Lakhs to ₹18.0 Lakhs per year
HSBC Group ₹9.3 Lakhs to ₹17.9 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 Associate in companies similar to Marsh McLennan in Mumbai?
The salary of a Senior Associate at companies similar to Marsh McLennan in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNP Paribas ₹8.2 Lakhs to ₹13.5 Lakhs per year
BNY ₹6.5 Lakhs to ₹15.0 Lakhs per year
Aon ₹5.9 Lakhs to ₹13.8 Lakhs per year
Citicorp ₹5.1 Lakhs to ₹11.7 Lakhs per year
Bnp Paribas Securities ₹4.5 Lakhs to ₹10.0 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 Associate at Marsh McLennan in Mumbai?
The salary growth for a Senior Associate at Marsh McLennan in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Mumbai can expect the following growth trajectory at Marsh McLennan:

Experience Average Salary Range
3 years ₹3.5 Lakhs to ₹5.3 Lakhs per year
4 years ₹3.5 Lakhs to ₹6.0 Lakhs per year
5 years ₹3.5 Lakhs to ₹6.8 Lakhs per year
6 years ₹3.5 Lakhs to ₹6.5 Lakhs per year
and so on.

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Marsh McLennan Senior Associate salary in Mumbai ranges between ₹3.5 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 309 Marsh McLennan latest salaries received from various employees of Marsh McLennan.