Insurance Broker
Annual salary range
₹0.2 Lakh - ₹8.6 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byInsurance Broker Salary in Financial Services in India
based on 27
latest salaries
• updated:
3 Sep 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Insurance Broker salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(3
salaries)
|  ₹1.8 L/yr - ₹3.1 L/yr |
2
years
(6
salaries)
| ₹1.6 L/yr - ₹5 L/yr |
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| |
3
years
(6
salaries)
| ₹1.7 L/yr - ₹4.8 L/yr |
4
years
(3
salaries)
| ₹2.4 L/yr - ₹4.1 L/yr |
5
years
(5
salaries)
| ₹0.2 L/yr - ₹4.8 L/yr |
View all salaries by experience
Insurance Broker Salary in
India ranges between ₹0.2
Lakh to ₹8.6
Lakhs for
1 year of experience to 8 years of experience
. Salary estimates are based on
27 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)
| ₹3 L/yr - ₹3.6 L/yr |
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| |
Marketing & Communication
Insurance Broker Salary
3 - 4
years
exp.
(3
salaries)
| ₹1.7 L/yr - ₹3 L/yr |
Latest annual salaries shared by Insurance Brokers
3mo ago
NJ Group
Insurance Broker
3 years exp.
6mo ago
Mahindra & Mahindra
Insurance Broker
2 years exp.
7mo ago
Aum Insurance Brokers
Insurance Broker
2 years exp.
9mo ago
TCS
Insurance Broker
1 year exp.
9mo ago
Omega Insurance Brokers
Insurance Broker
2 years exp.
9mo ago
I-Serve
Insurance Broker
6 months exp.
9mo ago
PolicyBazaar
Insurance Broker
5 years exp.
1y ago
Tata AIG
Insurance Broker
2 years exp.
1y ago
Prudent Insurance Brokers
Insurance Broker
3 years exp.
1y ago
Proven Solution
Insurance Broker
2 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
3 -
7
yrs
exp.
(5 salaries)
|
₹3 L/yr - ₹3.6 L/yr | |
3 -
5
yrs
exp.
(4 salaries)
|
₹1.7 L/yr - ₹3 L/yr | |
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| ||
1 -
5
yrs
exp.
(3 salaries)
|
₹3.1 L/yr - ₹4.8 L/yr | |
2 yrs
exp.
(AmbitionBox Estimate)
|
₹1.5 L/yr - ₹1.9 L/yr | |
3 yrs
exp.
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹2.3 L/yr | 2 job openings |
2 yrs
exp.
(AmbitionBox Estimate)
|
₹4.5 L/yr - ₹5.8 L/yr | |
|
12 yrs
exp.
(AmbitionBox Estimate)
|
₹57 L/yr - ₹63 L/yr | |
1 yr
exp.
(AmbitionBox Estimate)
|
₹1.1 L/yr - ₹1.4 L/yr | |
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| ||
|
2 yrs
exp.
(AmbitionBox Estimate)
|
₹2.4 L/yr - ₹3.1 L/yr | |
1 yr
exp.
(AmbitionBox Estimate)
|
₹1.9 L/yr - ₹2.4 L/yr | |
Insurance Broker Jobs in India
Insurance Broker
· 3-9 years
Prudent Insurance Brokers Private Limited
₹10
L/yr
- ₹26
L/yr
Insurance Broker
· 3-10 years
Crescendo Global
₹12
L/yr
- ₹15
L/yr
Mumbai
Insurance Broker
· 15-25 years
Estabizz Fintech Private Limited
₹15
L/yr
- ₹35
L/yr
Mumbai
Similar Designation Salaries for Insurance Broker
| Designations | Avg Annual Salary |
|---|---|
Manager Salary
4 -
16
years
exp.
(3.1L salaries)
| ₹4 L/yr - ₹31 L/yr |
Assistant Manager Salary
2 -
13
years
exp.
(1.3L salaries)
| ₹2.7 L/yr - ₹15 L/yr |
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| |
Senior Executive Salary
2 -
11
years
exp.
(24.6k salaries)
| ₹2 L/yr - ₹7.5 L/yr |
Sales Officer Salary
1 -
10
years
exp.
(19.9k salaries)
| ₹1.5 L/yr - ₹4 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(29k salaries)
| ₹2.5 L/yr - ₹10.1 L/yr |
View more similar designations
Top skills for Insurance Broker
Insurance Broker Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
Mumbai
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
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| |
Thane
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
Kalyan / Dombivli
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
Ahmedabad
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
View More
Insurance Broker Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Insurance
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
Banking / Insurance / Accounting
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
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| |
Internet
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
BPO
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
IT Services & Consulting
Insurance Broker
1 -
8
years
exp.
| ₹0.2 L/yr - ₹8.6 L/yr |
View More
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 ₹0.2 Lakh to ₹8.6 Lakhs per year. Salary estimates are based on 27 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 ₹0.2 Lakh per year (₹1.7k 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?
- Financial Services - ₹3.0 Lakhs to 3.6 Lakhs per year
- Internet - ₹1.7 Lakhs to 4.8 Lakhs per year
- Insurance - ₹1.2 Lakhs to 5.0 Lakhs per year
- IT Services & Consulting - ₹2.1 Lakhs to 2.1 Lakhs per year
- BPO - ₹0.1 Lakhs to 0.1 Lakhs per year
What are the top paying cities for Insurance Broker in India?
- Amritsar - ₹5.0 Lakhs to 5.0 Lakhs per year
- Thane - ₹3.5 Lakhs to 3.5 Lakhs per year
- Mumbai - ₹1.2 Lakhs to 3.6 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 4.8 Lakhs per year
- Kalyan / Dombivli - ₹2.0 Lakhs to 3.0 Lakhs per year
What are the popular/top skills required to become a Insurance Broker?
These are the top skills of a Insurance Broker based on 9 jobs posted by employers.
- Salesforce
- Digital Marketing
- Insurance Sales
- Health Insurance
- Sales
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