Insurance Officer
Annual salary range
₹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 India
based on 516
latest salaries
• updated:
22 Dec 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Insurance Officer salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(15
salaries)
|  ₹1 L/yr - ₹4 L/yr |
1
year
(103
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
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| |
2
years
(97
salaries)
| ₹1.2 L/yr - ₹5 L/yr |
3
years
(87
salaries)
| ₹1 L/yr - ₹5 L/yr |
4
years
(66
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
View all salaries by experience
Insurance Officer Salary in
India ranges between ₹1
Lakh to ₹5
Lakhs for
less than 1 year of experience to 9 years of experience
. Salary estimates are based on
516 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 - 9
years
exp.
(81
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Customer Success, Service & Operations
Insurance Officer Salary
1 - 8
years
exp.
(49
salaries)
| ₹1.2 L/yr - ₹4 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Insurance Officers
6d ago
Ahalia Medical Group
Insurance Officer
6 years exp.
1w ago
Cogent E Services
Insurance Officer
3 years exp.
1w ago
Sahrudaya Healthcare (Medicover Hospitals)
Insurance Officer
6 years exp.
1w ago
Krishna Institute of Medical Sciences
Insurance Officer
8 years exp.
1w ago
HDFC Life
Insurance Officer
2 years exp.
1w ago
HDFC Life
Insurance Officer
3 years exp.
2w ago
United India Insurance Company
Insurance Officer
1 year exp.
2w ago
Bluechip Corporate Investment Centre
Insurance Officer
3 years exp.
2w ago
HDFC Life
Insurance Officer
3 years exp.
2w ago
Star Health & Allied Insurance
Insurance Officer
1 year exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
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Is this list helpful? | ||
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
2
yrs
exp.
(4 salaries)
|
₹1.3 L/yr - ₹3.5 L/yr | |
2 -
9
yrs
exp.
(4 salaries)
|
₹1.5 L/yr - ₹2.5 L/yr | |
Login to view exact salary
| ||
0 -
5
yrs
exp.
(4 salaries)
|
₹1.2 L/yr - ₹3.4 L/yr | |
2 -
6
yrs
exp.
(4 salaries)
|
₹2.7 L/yr - ₹5 L/yr | |
1 -
3
yrs
exp.
(4 salaries)
|
₹4 L/yr - ₹4 L/yr | |
2 -
5
yrs
exp.
(4 salaries)
|
₹1.2 L/yr - ₹1.4 L/yr | |
1 -
4
yrs
exp.
(4 salaries)
|
₹1.9 L/yr - ₹2.5 L/yr | |
1 -
2
yrs
exp.
(4 salaries)
|
₹2.6 L/yr - ₹3.2 L/yr | |
Login to view exact salary
| ||
1 -
8
yrs
exp.
(4 salaries)
|
₹2 L/yr - ₹3.4 L/yr | |
1 -
5
yrs
exp.
(4 salaries)
|
₹1.4 L/yr - ₹3.7 L/yr | 1 job opening |
Insurance Officer Jobs in India
Insurance Officer
· 1-5 years
TOPSEL TOYOTA
Siliguri
Insurance Officer
· 7-12 years
Vindhya Telelinks Limited
Noida
Insurance Officer
· 10-18 years
Premier Mills
Coimbatore
Similar Designation Salaries for Insurance Officer
| Designations | Avg Annual Salary |
|---|---|
Senior Officer Salary
2 -
11
years
exp.
(48.9k salaries)
| ₹2.4 L/yr - ₹10.5 L/yr |
Assistant Manager Salary
2 -
13
years
exp.
(5.9L salaries)
| ₹3 L/yr - ₹16.6 L/yr |
Login to view exact salary
| |
Back Office Staff Salary
0 -
9
years
exp.
(6.2k salaries)
| ₹0.2 L/yr - ₹3.8 L/yr |
Manager Salary
4 -
16
years
exp.
(3.2L salaries)
| ₹4 L/yr - ₹31 L/yr |
Senior Executive Salary
2 -
11
years
exp.
(2.5L salaries)
| ₹2.4 L/yr - ₹9.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Insurance Officer
Star Union Dai-ichi Life Insurance
Deputy Manager
• posted on 09 Dec 2024
Likes
Great Work life balance Low bureaucratic hierarchy Job Security Mobility across departments Incentives
Dislikes
Canteen food Salary not as per industry standards
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
Dislikes
about Insurance officer salary.
Star Union Dai-ichi Life Insurance
Assistant Manager
• posted on 05 Jan 2022
Likes
...onment and culture.Team Managers were very supportive and also our team members. Company incentive structure was good, appraisal are fair and thay give good salary hike and bonus every year.
read moreDislikes
There was a lot politics at senior level managers,they don't share the actual amount of incentive and career growth was very low.
read moreStar Union Dai-ichi Life Insurance
Assistant Manager
• posted on 19 Nov 2022
Likes
.... in boi channel you can sustain your career for long time.job security is good.salary is decent.
read moreDislikes
You will not get support from channel partner.you have to source own business as a agent.your supervisor gives you support but lot of complications in psu Bank for selling insurance. career growth very slow.incentive is good but criteria huge.
read moreTop 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 - ₹4.5 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 By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Insurance Officer
0 -
8
years
exp.
| ₹1.3 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 Officer
1 -
7
years
exp.
| ₹1.5 L/yr - ₹4.6 L/yr |
Banking / Insurance / Accounting
Insurance Officer
1 -
8
years
exp.
| ₹1.5 L/yr - ₹5.5 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 ₹1.0 Lakhs to ₹5.0 Lakhs per year. Salary estimates are based on 516 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 - ₹3.1 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 - ₹2.5 Lakhs per year
What is the starting salary for a Insurance Officer in India?
Average starting Salary for Insurance Officer in India is around ₹1.0 Lakhs per year (₹8.3k 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 - ₹0.1 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?
- Mumbai - ₹0.1 Lakhs to 9.0 Lakhs per year
- New Delhi - ₹0.1 Lakhs to 6.2 Lakhs per year
- Chennai - ₹0.1 Lakhs to 15.0 Lakhs per year
- Hyderabad / Secunderabad - ₹0.2 Lakhs to 6.0 Lakhs per year
- Pune - ₹0.2 Lakhs to 6.4 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 5 jobs posted by employers.
- Salesforce
- Communication Skills
- CRM
- Compliance
- Customer Support
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Insurance Officer Interview Questions
based on 4 interviews
Q1.
Insurance related
Q2.
Knowledge about insurance products
Q3.
Claims cycle
Q4.
General Questions related to Insurance policy
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