Insurance Service Executive

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Insurance Service Executive Salary in India

based on 7 latest salaries • updated: 22 Nov 2024
Select an experience to get the exact salary

Annual salary range

₹1.2 Lakh - ₹4.5 Lakhs

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Insurance Service Executive Salary in India ranges between ₹1.2 Lakh to ₹4.5 Lakhs for less than 1 year of experience to 5 years of experience. Salary estimates are based on 7 latest salaries received from... Read More

Latest annual salaries shared by Insurance Service Executives

1mo ago

Alka International

Insurance Service Executive

3 years exp.

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6mo ago

Golden Enterprises

Insurance Service Executive

2 years exp.

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10mo ago

Aon Risk Insurance Brokers

Insurance Service Executive

8 months exp.

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1y ago

HDFC Bank

Insurance Service Executive

3 years exp.

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1y ago

Bajaj Allianz Life Insurance

Insurance Service Executive

2 years exp.

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1y ago

Bajaj Allianz Life Insurance

Insurance Service Executive

5 years exp.

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View all latest salaries

Insurance Service Executive salaries by

Years of experience Avg. annual salary
Fresher
(1 salaries)
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₹4 L/yr - ₹4 L/yr

2 years
(2 salaries)
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₹1.2 L/yr - ₹4 L/yr

3 years
(3 salaries)
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₹2.6 L/yr - ₹4.5 L/yr

5 years
(1 salaries)
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₹1.8 L/yr - ₹1.8 L/yr

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₹1.7 L/yr - ₹7.3 L/yr

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2 - 11 years exp.
(2.5L salaries)
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₹2.4 L/yr - ₹9.5 L/yr

Sales Executive Salary
1 - 8 years exp.
(1.7L salaries)
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₹1.2 L/yr - ₹5.6 L/yr

Executive Salary
1 - 9 years exp.
(1.7L salaries)
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₹1.8 L/yr - ₹7.8 L/yr

Branch Credit Manager Salary
2 - 10 years exp.
(6.7k salaries)
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₹2.7 L/yr - ₹8.4 L/yr

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Frequently Asked Questions (FAQS) about Insurance Service Executive Salaries

What is the salary of a Insurance Service Executive in India?
The salary of a Insurance Service Executive in India varies based on experience, location, company & Industry. On average, Insurance Service Executive salaries ranges from ₹1.2 Lakhs to ₹4.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹1.2 Lakhs to ₹4.5 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 7 salaries received from various Insurance Service Executives across industries.
What are the top paying cities for Insurance Service Executive in India?
The annual salary for Insurance Service Executive in India varies by location. Top paying cities for Insurance Service Executive are
Insurance Service Executive Salary in Kollam ₹4.1 Lakhs to ₹5.2 Lakhs per year
Insurance Service Executive Salary in Bangalore / Bengaluru ₹3.6 Lakhs to ₹4.6 Lakhs per year
Insurance Service Executive Salary in Chennai ₹3.6 Lakhs to ₹4.6 Lakhs per year
Insurance Service Executive Salary in Jind ₹2.3 Lakhs to ₹3.0 Lakhs per year
Insurance Service Executive Salary in Palakkad ₹1.6 Lakhs to ₹2.1 Lakhs per year
Salary expectations for Insurance Service Executive may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Insurance Service Executive in India?
Top 5 paying Industries for Insurance Service Executive in India are:
Insurance Service Executive Salary in Furniture & Furnishing ₹3.6 Lakhs to ₹4.6 Lakhs per year
Insurance Service Executive Salary in Banking / Insurance / Accounting ₹3.6 Lakhs to ₹4.6 Lakhs per year
Insurance Service Executive Salary in Consulting ₹2.6 Lakhs to ₹3.3 Lakhs per year
Insurance Service Executive Salary in IT Services & Consulting ₹2.6 Lakhs to ₹3.3 Lakhs per year
Insurance Service Executive Salary in NBFC ₹2.3 Lakhs to ₹3.0 Lakhs per year
What are the fresher salaries as Insurance Service Executive?
Fresher salaries for Insurance Service Executive in India typically range from ₹4 Lakhs to ₹4 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 Service Executive in India?
Experience significantly impacts a Insurance Service Executive salary in India. Salaries increase with experience, as Insurance Service Executive take on more complex tasks, responsibilities, and leadership roles. Insurance Service Executive salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹4.0 Lakhs to ₹4.0 Lakhs per year
2 years ₹1.2 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.6 Lakhs to ₹4.5 Lakhs per year
5 years ₹1.8 Lakhs to ₹1.8 Lakhs per year
and so on.

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