Insurance Broker
Annual salary range
₹3 Lakhs - ₹8.6 Lakhs
Low Confidence 
Low Confidence means the data is based on a small number of latest salaries.
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Filter salaries byInsurance Broker Salary in Mumbai
based on 5
latest salaries
• updated:
16 Mar 2023
Select an experience to get the exact salary
Salary of majority employees
Insurance Broker Salary in Mumbai ranges between ₹3 Lakhs to ₹8.6 Lakhs for 3 years of experience to 8 years of experience. Salary estimates are based on 5 latest salaries received from Insurance Broker.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
3 -
7
yrs
exp.
.
Mumbai
(4 salaries)
|
₹3 L/yr - ₹3.6 L/yr | |
1 yr
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹1.1 L/yr - ₹1.4 L/yr | |
Login to view exact salary
| ||
Fresher
.
Mumbai
(AmbitionBox Estimate)
|
₹1.5 L/yr - ₹1.9 L/yr | |
8 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹7.7 L/yr - ₹9.8 L/yr | |
Latest annual salaries shared by Insurance Brokers
4mo 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
Insurance Broker salaries by
| Years of experience | Avg. annual salary |
|---|---|
3
years
(1
salaries)
|  ₹3 L/yr - ₹3 L/yr |
5
years
(1
salaries)
| ₹3.6 L/yr - ₹3.6 L/yr |
Login to view exact salary
| |
6
years
(1
salaries)
| ₹3.6 L/yr - ₹3.6 L/yr |
7
years
(1
salaries)
| ₹3.6 L/yr - ₹3.6 L/yr |
8
years
(1
salaries)
| ₹8.6 L/yr - ₹8.6 L/yr |
Insurance Broker Jobs in Mumbai
Insurance Broker
· 18-25 years
Alliance Insurance Brokers Pvt. Ltd
Insurance Broker
· 3-5 years
Prudent Insurance Brokers Private Limited
Insurance Broker
· 5-10 years
CapitalSquare Advisors
New Delhi
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Manager Salary
4 -
16
years
exp.
(48.7k salaries)
| ₹5 L/yr - ₹29.2 L/yr |
Assistant Manager Salary
2 -
13
years
exp.
(70.4k salaries)
| ₹3 L/yr - ₹16.5 L/yr |
Login to view exact salary
| |
Senior Executive Salary
2 -
11
years
exp.
(25k salaries)
| ₹2.3 L/yr - ₹10 L/yr |
Sales Officer Salary
1 -
10
years
exp.
(3.9k salaries)
| ₹1.7 L/yr - ₹6.1 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(13.1k salaries)
| ₹2.8 L/yr - ₹18 L/yr |
View more similar designations
Top skills for Insurance Broker
Insurance Broker Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Insurance Broker
1 -
5
years
exp.
| ₹0.2 L/yr - ₹4.8 L/yr |
Thane
Insurance Broker
4 -
6
years
exp.
| ₹3.2 L/yr - ₹4.7 L/yr |
Login to view exact salary
| |
Kalyan / Dombivli
Insurance Broker
3 -
4
years
exp.
| ₹1.8 L/yr - ₹3.5 L/yr |
Ahmedabad
Insurance Broker
4 -
5
years
exp.
| ₹2.2 L/yr - ₹4.1 L/yr |
Surat
Insurance Broker
2 -
3
years
exp.
| ₹1.5 L/yr - ₹2 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 ₹3.0 Lakhs to ₹8.6 Lakhs per year. Salary estimates are based on 5 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 ₹3.0 Lakhs per year (₹25.0k per month). 3 years 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
- Retail - ₹1.7 Lakhs to 1.7 Lakhs per year
- Insurance - ₹1.2 Lakhs to 1.2 Lakhs per year
What are the top paying cities for Insurance Broker in India?
- Thane - ₹3.5 Lakhs to 4.1 Lakhs per year
- Mumbai - ₹1.2 Lakhs to 8.6 Lakhs per year
- Ahmedabad - ₹2.4 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.
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