Insurance Broker

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Insurance Broker Salary in Financial Services in India

based on 17 latest salaries • updated: 16 May 2024
Select an experience to get the exact salary

Annual salary range

₹1.7 Lakh - ₹4.8 Lakhs

Moderate Confidence
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Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Experience wise Insurance Broker salaries

Years of experience Avg. Annual Salary
1 year
(2 salaries)
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₹2.1 L/yr - ₹3.1 L/yr

2 years
(4 salaries)
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₹1.7 L/yr - ₹5 L/yr

3 years
(5 salaries)
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₹1.7 L/yr - ₹4.8 L/yr

4 years
(1 salaries)
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₹3 L/yr - ₹3 L/yr

5 years
(4 salaries)
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₹0.2 L/yr - ₹4.8 L/yr

View all salaries by experience
Insurance Broker Salary in India ranges between ₹1.7 Lakh to ₹4.8 Lakhs for 1 year of experience to 7 years of experience . Salary estimates are based on 17 latest salaries received from Insurance Broker.
See latest salaries

Insurance Broker salaries in different departments

Department Avg Annual Salary
Finance & Accounting
Insurance Broker Salary
2 - 7 years exp. (5 salaries)
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₹3 L/yr - ₹3.6 L/yr

Marketing & Communication
Insurance Broker Salary
3 - 4 years exp. (3 salaries)
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₹1.7 L/yr - ₹3 L/yr

Latest annual salaries shared by Insurance Brokers

4mo ago

NJ Group

Insurance Broker

3 years exp.

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6mo ago

Mahindra & Mahindra

Insurance Broker

2 years exp.

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7mo ago

Aum Insurance Brokers

Insurance Broker

2 years exp.

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9mo ago

TCS

Insurance Broker

1 year exp.

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9mo ago

Omega Insurance Brokers

Insurance Broker

2 years exp.

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9mo ago

I-Serve

Insurance Broker

6 months exp.

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9mo ago

PolicyBazaar

Insurance Broker

5 years exp.

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1y ago

Tata AIG

Insurance Broker

2 years exp.

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1y ago

Prudent Insurance Brokers

Insurance Broker

3 years exp.

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1y ago

Proven Solution

Insurance Broker

2 years exp.

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View all latest salaries

Insurance Broker Jobs in India

Insurance Broker

· 3-5 years

Prudent Insurance Brokers Private Limited

·
3.6

Insurance Broker

· 1-2 years

Vibhuti Insurance Brokers pvt ltd

·
3.6

Insurance Broker

· 2-7 years

Jobs Cruze Consultancy Services

₹4.5 L/yr - ₹5.5 L/yr

Jalgaon

View all Insurance Broker jobs

Similar Designation Salaries for Insurance Broker

Designations Avg Annual Salary
Manager Salary
4 - 16 years exp.
(77.4k salaries)
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₹5 L/yr - ₹25 L/yr

Assistant Manager Salary
2 - 13 years exp.
(1.3L salaries)
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₹2.8 L/yr - ₹15 L/yr

Sales Manager Salary
2 - 15 years exp.
(30k salaries)
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₹2.6 L/yr - ₹10.2 L/yr

Deputy Manager Salary
3 - 15 years exp.
(67k salaries)
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₹3.5 L/yr - ₹10.8 L/yr

Senior Executive Salary
2 - 11 years exp.
(24.9k salaries)
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₹2.1 L/yr - ₹7.5 L/yr

View more similar designations

Insurance Broker Salary By Locations

Locations Avg Annual Salary
New Delhi
Insurance Broker
1 - 5 years exp.
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₹0.2 L/yr - ₹4.8 L/yr

Mumbai
Insurance Broker
3 - 8 years exp.
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₹3 L/yr - ₹8.6 L/yr

Thane
Insurance Broker
4 - 6 years exp.
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₹3.2 L/yr - ₹4.7 L/yr

Kalyan / Dombivli
Insurance Broker
3 - 4 years exp.
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₹1.8 L/yr - ₹3.5 L/yr

Ahmedabad
Insurance Broker
4 - 5 years exp.
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₹2.2 L/yr - ₹4.1 L/yr

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Frequently Asked Questions about Insurance Broker Salaries

What is the salary of a Insurance Broker in India?
Salary for a Insurance Broker in India ranges between ₹1.7 Lakhs to ₹4.8 Lakhs per year. Salary estimates are based on 17 latest salaries received from various Insurance Brokers across industries.
What is the starting salary for a Insurance Broker in India?
Average starting Salary for Insurance Broker in India is around ₹1.7 Lakhs per year (₹14.2k per month). 1 year of minimum experience is required to be a Insurance Broker.
What are the top paying industries for Insurance Broker in India?
What are the top paying cities for Insurance Broker in India?
What are the popular/top skills required to become a Insurance Broker?
These are the top skills of a Insurance Broker based on 11 jobs posted by employers.
  • Salesforce
  • Digital Marketing
  • Insurance Sales
  • Health Insurance
  • Agency Sales

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