Insurance Officer
Annual salary range
₹1.5 Lakh - ₹4.6 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byInsurance Officer Salary in Banking in India
based on 40
latest salaries
• updated:
28 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Insurance Officer salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(1
salaries)
|  ₹3.1 L/yr - ₹3.1 L/yr |
1
year
(8
salaries)
| ₹1.5 L/yr - ₹3.6 L/yr |
Login to view exact salary
| |
2
years
(10
salaries)
| ₹1.7 L/yr - ₹6 L/yr |
3
years
(8
salaries)
| ₹1.8 L/yr - ₹3.5 L/yr |
4
years
(6
salaries)
| ₹0.1 L/yr - ₹3 L/yr |
View all salaries by experience
Insurance Officer Salary in
India ranges between ₹1.5
Lakh to ₹4.6
Lakhs for
less than 1 year of experience to 7 years of experience
. Salary estimates are based on
40 latest salaries received
from Insurance Officer.
See latest salaries
Insurance Officer salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Insurance Officer Salary
1 - 7
years
exp.
(8
salaries)
| ₹1.5 L/yr - ₹3.5 L/yr |
Login to view exact salary
| |
Sales & Business Development
Insurance Officer Salary
1 - 3
years
exp.
(5
salaries)
| ₹1.9 L/yr - ₹3.5 L/yr |
View all departments salaries
Latest annual salaries shared by Insurance Officers
2d ago
Mahatma Gandhi Medical College and Research Insti
Insurance Officer
4 years exp.
3d ago
IndusInd Bank
Insurance Officer
1 year exp.
1w ago
Future Focus Infotech
Insurance Officer
2 years exp.
1w ago
PNB MetLife
Insurance Officer
2 years exp.
1w ago
SMFG India Credit
Insurance Officer
6 years exp.
1w ago
Canara HSBC Life Insurance
Insurance Officer
2 years exp.
2w ago
Ahalia Medical Group
Insurance Officer
6 years exp.
3w ago
Cogent E Services
Insurance Officer
3 years exp.
3w ago
Sahrudaya Healthcare (Medicover Hospitals)
Insurance Officer
6 years exp.
3w ago
Krishna Institute of Medical Sciences
Insurance Officer
8 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | ||
| | 24 job openings | |
| | ||
| | ||
Is this list helpful? | ||
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
7
yrs
exp.
(27 salaries)
|
₹1.7 L/yr - ₹3.5 L/yr | |
1 -
6
yrs
exp.
(7 salaries)
|
₹1.5 L/yr - ₹3.5 L/yr | |
Login to view exact salary
| ||
0 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹3.1 L/yr - ₹4 L/yr | |
0 -
27
yrs
exp.
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹2.3 L/yr | |
0 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹3 L/yr - ₹3.8 L/yr | |
4 yrs
exp.
(AmbitionBox Estimate)
|
₹0.1 L/yr - ₹0.1 L/yr | |
6 yrs
exp.
(AmbitionBox Estimate)
|
₹18 L/yr - ₹23 L/yr | |
12 yrs
exp.
(AmbitionBox Estimate)
|
₹8.1 L/yr - ₹10.4 L/yr | |
Login to view exact salary
| ||
2 yrs
exp.
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 L/yr | |
3 yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
Insurance Officer Jobs in India
Insurance Officer
· 2-7 years
PNB MetLife India Insurance Co. Ltd
Bilaspur
Insurance Officer
· 2-7 years
PNB MetLife India Insurance Co. Ltd
Panipat
Insurance Officer
· 2-7 years
PNB MetLife India Insurance Co. Ltd
Yamunanagar
Similar Designation Salaries for Insurance Officer
| Designations | Avg Annual Salary |
|---|---|
Senior Officer Salary
2 -
10
years
exp.
(8.6k salaries)
| ₹2.1 L/yr - ₹6.2 L/yr |
Assistant Manager Salary
2 -
13
years
exp.
(61.7k salaries)
| ₹2.5 L/yr - ₹13.2 L/yr |
Login to view exact salary
| |
Senior Executive Salary
2 -
11
years
exp.
(6.2k salaries)
| ₹2 L/yr - ₹8 L/yr |
Back Office Staff Salary
0 -
7
years
exp.
(308 salaries)
| ₹1 L/yr - ₹4 L/yr |
Manager Salary
4 -
16
years
exp.
(40.8k salaries)
| ₹5.2 L/yr - ₹22 L/yr |
View more similar designations
Salary related reviews by similar designations like Insurance Officer
IndusInd Bank
Deputy Manager
• posted on 30 Dec 2022
Likes
Skills Development And Learning All work like a opration,credit, collection, etc.
- Skill development - Excellent
+3 more
Dislikes
Salary is not match with work....
- Job security - Poor
+1 more
IndusInd Bank
Assistant Manager
• posted on 04 Jan 2025
Likes
The challenges presented in my role push me to constantly learn and develop new skills. Working with a diverse team of colleagues allows for different perspectives and collaborative problem-solving
read more- Salary - Good
+6 more
Dislikes
salary and benefits : Being underpaid for the work you perform can cause you to become unhappy.
read moreIndusInd Bank
Manager
• posted on 21 Jan 2025
Likes
Get promoted
- Skill development - Good
+2 more
Dislikes
Dont give local convenience and doesnt give good bonus to operation staff as well as doesnt increase salary much
read moreIndusInd Bank
Assistant Manager
• posted on 02 Oct 2023
Likes
...d Appraisal too let For Example : 1 April 2022 To 31 March 2023 this one year . Platform employee is expected my appraisal letter provide April 2023 or May 2023 but Indusind Bank provide Appraisal lette and salary haik October 2023 . 6 Months let to provide Appraisal letter and salary high .
read more- Salary - Excellent
+5 more
Dislikes
Promotion and Appraisal is too let
Top skills for Insurance Officer
Insurance Officer Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Chennai
Insurance Officer
1 -
9
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
Mumbai
Insurance Officer
0 -
9
years
exp.
| ₹0.5 L/yr - ₹4 L/yr |
Login to view exact salary
| |
Pune
Insurance Officer
0 -
7
years
exp.
| ₹0.3 L/yr - ₹5.3 L/yr |
New Delhi
Insurance Officer
0 -
8
years
exp.
| ₹0.2 L/yr - ₹6 L/yr |
Thiruvananthapuram
Insurance Officer
2 -
8
years
exp.
| ₹1.3 L/yr - ₹3.8 L/yr |
View More
Insurance Officer Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Insurance Officer
0 -
8
years
exp.
| ₹1.1 L/yr - ₹5 L/yr |
Insurance
Insurance Officer
0 -
8
years
exp.
| ₹1.5 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Automobile
Insurance Officer
0 -
9
years
exp.
| ₹1.2 L/yr - ₹4.4 L/yr |
Banking / Insurance / Accounting
Insurance Officer
0 -
8
years
exp.
| ₹1.5 L/yr - ₹5.5 L/yr |
Healthcare / Pharma
Insurance Officer
0 -
9
years
exp.
| ₹0.6 L/yr - ₹9 L/yr |
View More
Frequently Asked Questions about Insurance Officer Salaries
What is the salary of a Insurance Officer in India?
Salary for a Insurance Officer in India ranges between ₹1.5 Lakhs to ₹4.6 Lakhs per year. Salary estimates are based on 40 latest salaries received from various Insurance Officers across industries.
What are the top paying companies that employ Insurance Officers?
- Cholamandalam MS General Insurance Insurance Officer Salary - ₹2.9 Lakhs per year
- PNB MetLife Insurance Officer Salary - ₹2.6 Lakhs per year
- Star Union Dai-ichi Life Insurance Insurance Officer Salary - ₹2.5 Lakhs per year
- IndusInd Bank Insurance Officer Salary - ₹2.4 Lakhs per year
What is the starting salary for a Insurance Officer in India?
Average starting Salary for Insurance Officer in India is around ₹1.5 Lakhs per year (₹12.5k per month). No prior experience is required to be a Insurance Officer.
What is the highest salary for a Insurance Officer in India?
Highest salary that a Insurance Officer can earn is ₹5.0 Lakhs per year (₹41.7k per month).
What are the top paying industries for Insurance Officer in India?
- Banking - ₹0.1 Lakhs to 20.0 Lakhs per year
- Insurance - ₹0.2 Lakhs to 15.0 Lakhs per year
- Healthcare - ₹0.6 Lakhs to 5.0 Lakhs per year
- Automobile - ₹0.1 Lakhs to 6.0 Lakhs per year
- Financial Services - ₹1.0 Lakhs to 5.4 Lakhs per year
What are the top paying cities for Insurance Officer in India?
- New Delhi - ₹1.5 Lakhs to 6.0 Lakhs per year
- Ongole - ₹2.4 Lakhs to 3.0 Lakhs per year
- Kolkata - ₹1.5 Lakhs to 3.1 Lakhs per year
- Thiruvananthapuram - ₹2.0 Lakhs to 2.0 Lakhs per year
- Sultanpur - ₹1.7 Lakhs to 2.0 Lakhs per year
What are the popular/top skills required to become a Insurance Officer?
These are the top skills of a Insurance Officer based on 24 jobs posted by employers.
- Salesforce
- Communication Skills
- CRM
- Customer Support
- Compliance
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