Insurance Officer
Annual salary range
₹1.1 Lakh - ₹5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byInsurance Officer Salary in Financial Services in India
based on 232
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
(14
salaries)
|  ₹1 L/yr - ₹4 L/yr |
1
year
(45
salaries)
| ₹1.5 L/yr - ₹4.5 L/yr |
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| |
2
years
(45
salaries)
| ₹1.2 L/yr - ₹5 L/yr |
3
years
(38
salaries)
| ₹1.5 L/yr - ₹4 L/yr |
4
years
(29
salaries)
| ₹1.6 L/yr - ₹4 L/yr |
View all salaries by experience
Insurance Officer Salary in
India ranges between ₹1.1
Lakh to ₹5
Lakhs for
less than 1 year of experience to 8 years of experience
. Salary estimates are based on
232 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
0 - 8
years
exp.
(43
salaries)
| ₹1.1 L/yr - ₹4.5 L/yr |
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| |
Sales & Business Development
Insurance Officer Salary
1 - 7
years
exp.
(32
salaries)
| ₹1.5 L/yr - ₹4.3 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 -
5
yrs
exp.
(32 salaries)
|
₹1.5 L/yr - ₹4 L/yr | 24 job openings |
0 -
9
yrs
exp.
(31 salaries)
|
₹1.1 L/yr - ₹5 L/yr | |
Login to view exact salary
| ||
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 | |
0 -
5
yrs
exp.
(7 salaries)
|
₹2 L/yr - ₹4 L/yr | |
0 -
2
yrs
exp.
(6 salaries)
|
₹2 L/yr - ₹3.6 L/yr | |
1 -
11
yrs
exp.
(6 salaries)
|
₹1.5 L/yr - ₹8.5 L/yr | |
1 -
3
yrs
exp.
(6 salaries)
|
₹2.5 L/yr - ₹3.2 L/yr | |
Login to view exact salary
| ||
1 -
6
yrs
exp.
(6 salaries)
|
₹1.7 L/yr - ₹2.4 L/yr | |
0 -
12
yrs
exp.
(5 salaries)
|
₹1 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
Yamunanagar
Insurance Officer
· 1-3 years
PNB MetLife India Insurance Co. Ltd
Bhiwani
Similar Designation Salaries for Insurance Officer
| Designations | Avg Annual Salary |
|---|---|
Senior Officer Salary
2 -
11
years
exp.
(10.5k salaries)
| ₹2.2 L/yr - ₹7.5 L/yr |
Assistant Manager Salary
2 -
13
years
exp.
(1.3L salaries)
| ₹2.8 L/yr - ₹15 L/yr |
Login to view exact salary
| |
Back Office Staff Salary
0 -
8
years
exp.
(821 salaries)
| ₹0.2 L/yr - ₹3.8 L/yr |
Manager Salary
4 -
16
years
exp.
(77.4k salaries)
| ₹5 L/yr - ₹25 L/yr |
Senior Executive Salary
2 -
11
years
exp.
(24.7k salaries)
| ₹2.1 L/yr - ₹7.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Insurance Officer
PNB MetLife
Insurance Officer
• posted on 26 May 2022
Likes
Pnb metlife is a great company and have a great environment and supportive management and also great incentive scale
- Salary - Excellent
+6 more
Dislikes
about Insurance officer salary.
Cholamandalam MS General Insurance
Deputy Manager
• posted on 15 Feb 2022
Likes
The company provides a very high job security and you would never face any delays in salary. The leaves offered by the company are also good in comparison to other companies.
read more- Job security - Excellent
Dislikes
The companies culture is not meant for youngsters or people who wants to work in a challenging and learning environment. A lot of People in this company are working since 10-15 years and have a very rigid mentality and approach towards work. The gowth trajectory is very slow and the learning curve is also flat.
read more- Skill development - Bad
+4 more
Cholamandalam MS General Insurance
Senior Officer
• posted on 23 Apr 2021
Likes
...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are ok and they give salary hike and bonus every year.
read more- Salary - Excellent
+4 more
Dislikes
Career growth is taking more time..they identify the good employees and they trying to help their growth bt it's not approved by management
read moreCholamandalam MS General Insurance
Senior Executive
• posted on 14 Apr 2024
Likes
Salary and benefits, environment, work satisfaction.
- Salary - Good
+3 more
Dislikes
Working g Culture, customer service, Policy copy related issue
Cholamandalam MS General Insurance
Senior Officer
• posted on 25 Jun 2022
Likes
Employees friendly transparent good appraisals...
- Salary - Excellent
+6 more
Dislikes
Salary growth every year.nice co...for..long time stable,
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 |
Hyderabad / Secunderabad
Insurance Officer
0 -
9
years
exp.
| ₹1 L/yr - ₹4 L/yr |
View More
Insurance Officer Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Insurance
Insurance Officer
0 -
8
years
exp.
| ₹1.5 L/yr - ₹4.5 L/yr |
Automobile
Insurance Officer
0 -
9
years
exp.
| ₹1.2 L/yr - ₹4.4 L/yr |
Login to view exact salary
| |
Banking
Insurance Officer
0 -
7
years
exp.
| ₹1.5 L/yr - ₹4.6 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 ₹1.1 Lakhs to ₹5.0 Lakhs per year. Salary estimates are based on 232 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 - ₹2.7 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 ₹1.1 Lakhs per year (₹9.2k 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
- Financial Services - ₹1.1 Lakhs to 5.4 Lakhs per year
- Automobile - ₹0.1 Lakhs to 6.0 Lakhs per year
What are the top paying cities for Insurance Officer in India?
- Chennai - ₹1.3 Lakhs to 5.0 Lakhs per year
- Jaipur - ₹1.7 Lakhs to 4.4 Lakhs per year
- New Delhi - ₹1.3 Lakhs to 6.0 Lakhs per year
- Hyderabad / Secunderabad - ₹1.0 Lakhs to 6.0 Lakhs per year
- Mumbai - ₹0.5 Lakhs to 4.0 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
- Compliance
- Customer Support
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