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Insurance Sector

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Insurance Sector Salary in India (Updated 2025)

based on 23 latest salaries • updated: 17 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹0.3 Lakh - ₹5 Lakhs

Moderate Confidence
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Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Insurance Sector Salary in India ranges between ₹0.3 Lakh to ₹5 Lakhs for less than 1 year of experience to 9 years of experience. Salary estimates are based on 23 latest salaries received from Insurance... Read More

Latest annual salaries shared by Insurance Sectors

2w ago

Bajaj Allianz General Insurance

Insurance Sector

4 years exp.

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1mo ago

Life Insurance Corporation of India

Insurance Sector

5 years exp.

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1mo ago

Seshaasai E Forms

Insurance Sector

2 years exp.

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3mo ago

Securisk

Insurance Sector

6 years exp.

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4mo ago

Bajaj Allianz Life Insurance

Insurance Sector

8 months exp.

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7mo ago

Saish

Insurance Sector

1 year exp.

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7mo ago

Seshaasai E Forms

Insurance Sector

1 year exp.

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8mo ago

Securisk

Insurance Sector

3 years exp.

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9mo ago

Aon Risk Insurance Brokers

Insurance Sector

1 year exp.

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1y ago

Max Life Insurance

Insurance Sector

3 years exp.

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View all latest salaries

Insurance Sector salaries by

Years of experience Avg. annual salary
Fresher
(3 salaries)
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₹0.1 L/yr - ₹5 L/yr

1 year
(6 salaries)
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₹0.3 L/yr - ₹2.5 L/yr

2 years
(4 salaries)
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₹2.4 L/yr - ₹3 L/yr

3 years
(4 salaries)
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₹2.4 L/yr - ₹4.5 L/yr

4 years
(2 salaries)
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₹2.4 L/yr - ₹3 L/yr

View all salaries by experience

Insurance Sector Jobs in India

Insurance Sector

· 2-5 years

smc insurance

·
3.6
₹3 L/yr - ₹5 L/yr

Noida

Insurance Sector

· 12-20 years

Skyleaf Consultant

·
3.8

Insurance Sector

· 4-9 years

Loalith Manpower Services

₹3 L/yr - ₹8 L/yr

Madurai

View all Insurance Sector jobs

Top skills for Insurance Sector

6 Insurance Sector jobs demanding these skills arrow-logo

Insurance Sector Salary By Industries

Industries Avg. annual salary

Insurance

Insurance Sector
0 - 9 years exp.
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₹1 L/yr - ₹5 L/yr

Financial Services

Insurance Sector
0 - 9 years exp.
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₹1 L/yr - ₹5 L/yr

BPO

Insurance Sector
0 - 1 year exp.
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₹0.1 L/yr - ₹1.2 L/yr

IT Services & Consulting

Insurance Sector
1 - 5 years exp.
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₹0.3 L/yr - ₹5.8 L/yr

Banking / Insurance / Accounting

Insurance Sector
1 - 5 years exp.
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₹0.9 L/yr - ₹2.3 L/yr

View More

Frequently Asked Questions (FAQS) about Insurance Sector Salaries

What is the salary of a Insurance Sector in India?
The salary of a Insurance Sector in India varies based on experience, location, company & Industry. On average, Insurance Sector salaries ranges from ₹0.3 Lakh to ₹5.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹0.3 Lakh to ₹5.0 Lakhs per year, with the highest salary reaching ₹ Lakh to ₹ Lakh per year. Salary estimates are based on 23 salaries received from various Insurance Sectors across industries.
What are the top paying cities for Insurance Sector in India?
The annual salary for Insurance Sector in India varies by location. Top paying cities for Insurance Sector are
Insurance Sector Salary in New Delhi ₹3.0 Lakhs to ₹5.0 Lakhs per year
Insurance Sector Salary in Patna ₹2.4 Lakhs to ₹5.0 Lakhs per year
Insurance Sector Salary in Mumbai ₹0.3 Lakhs to ₹1.2 Lakhs per year
Insurance Sector Salary in Gandhinagar ₹2.7 Lakhs to ₹3.5 Lakhs per year
Insurance Sector Salary in Bangalore / Bengaluru ₹4.5 Lakhs to ₹5.8 Lakhs per year
Salary expectations for Insurance Sector may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Insurance Sector in India?
Top 5 paying Industries for Insurance Sector in India are:
Insurance Sector Salary in Insurance ₹1.0 Lakhs to ₹5.0 Lakhs per year
Insurance Sector Salary in Financial Services ₹1.0 Lakhs to ₹5.0 Lakhs per year
Insurance Sector Salary in BPO ₹0.1 Lakhs to ₹1.2 Lakhs per year
Insurance Sector Salary in IT Services & Consulting ₹0.3 Lakhs to ₹5.8 Lakhs per year
Insurance Sector Salary in Banking / Insurance / Accounting ₹0.9 Lakhs to ₹2.3 Lakhs per year
What are the fresher salaries as Insurance Sector?
Fresher salaries for Insurance Sector in India typically range from ₹0.1 Lakhs to ₹5 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Insurance Sector in India?
Experience significantly impacts a Insurance Sector salary in India. Salaries increase with experience, as Insurance Sector take on more complex tasks, responsibilities, and leadership roles. Insurance Sector salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹0.1 Lakhs to ₹5.0 Lakhs per year
1 year ₹0.3 Lakhs to ₹2.5 Lakhs per year
2 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.4 Lakhs to ₹4.5 Lakhs per year
and so on.

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