Insurance Specialist
Annual salary range
₹2.1 Lakhs - ₹15.6 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byInsurance Specialist Salary in India (Updated 2025)
based on 190
latest salaries
• updated:
12 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Insurance Specialist Salary in India ranges between ₹2.1 Lakhs to ₹15.6 Lakhs for 2 years of experience to 14 years of experience. Salary estimates are based on 190 latest salaries received from Insurance Specialist.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
2 -
6
yrs
exp.
(39 salaries)
|
₹2.1 L/yr - ₹4.3 L/yr | |
0 -
9
yrs
exp.
(26 salaries)
|
₹3 L/yr - ₹6.4 L/yr | |
Login to view exact salary
| ||
11 -
19
yrs
exp.
(21 salaries)
|
₹10 L/yr - ₹36 L/yr | |
3 -
17
yrs
exp.
(18 salaries)
|
₹5 L/yr - ₹10.1 L/yr | |
2 -
9
yrs
exp.
(13 salaries)
|
₹2.8 L/yr - ₹5.8 L/yr | |
3 -
7
yrs
exp.
(7 salaries)
|
₹4.8 L/yr - ₹8 L/yr | |
1 -
5
yrs
exp.
(5 salaries)
|
₹5.8 L/yr - ₹6.8 L/yr | |
4 -
7
yrs
exp.
(5 salaries)
|
₹6 L/yr - ₹7.4 L/yr | |
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| ||
11 -
21
yrs
exp.
(5 salaries)
|
₹9.5 L/yr - ₹12 L/yr | |
3 -
6
yrs
exp.
(5 salaries)
|
₹3 L/yr - ₹3.1 L/yr | |
Latest annual salaries shared by Insurance Specialists
1w ago
ValuEnable
Insurance Specialist
2 years exp.
1w ago
Mercer
Insurance Specialist
5 years exp.
2w ago
Mahindra Insurance Brokers
Insurance Specialist
12 years exp.
3w ago
TCS
Insurance Specialist
4 years exp.
1mo ago
Automatic Data Processing (ADP)
Insurance Specialist
3 years exp.
1mo ago
Standard Chartered
Insurance Specialist
5 years exp.
1mo ago
Savista Global Solutions
Insurance Specialist
3 years exp.
1mo ago
Marsh McLennan
Insurance Specialist
9 years exp.
1mo ago
AXA Business Services
Insurance Specialist
2 years exp.
1mo ago
Axis Bank
Insurance Specialist
12 years exp.
View all latest salaries
Insurance Specialist salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(29
salaries)
|  ₹2.1 L/yr - ₹4.4 L/yr |
3
years
(30
salaries)
| ₹2.3 L/yr - ₹6.5 L/yr |
Login to view exact salary
| |
4
years
(23
salaries)
| ₹1.7 L/yr - ₹6.8 L/yr |
5
years
(26
salaries)
| ₹2.7 L/yr - ₹7.4 L/yr |
6
years
(16
salaries)
| ₹0.8 L/yr - ₹7 L/yr |
View all salaries by experience
Insurance Specialist Jobs in India
Insurance Specialist
· 1-3 years
Andromeda
Gurgaon / Gurugram
Insurance Specialist
· 3-8 years
White Horse Manpower Consultancy
₹3.5
L/yr
- ₹8.5
L/yr
Mangaluru
Insurance Specialist
· 6-9 years
Market Scope
Mumbai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Insurance Analyst Salary
1 -
8
years
exp.
(612 salaries)
| ₹1.5 L/yr - ₹8 L/yr |
Process Specialist Salary
2 -
9
years
exp.
(20.1k salaries)
| ₹3.1 L/yr - ₹8.8 L/yr |
Login to view exact salary
| |
Process Analyst Salary
1 -
6
years
exp.
(11.3k salaries)
| ₹2 L/yr - ₹5.5 L/yr |
Business Analyst Salary
1 -
9
years
exp.
(1.3L salaries)
| ₹3 L/yr - ₹17.4 L/yr |
Quality Analyst Salary
1 -
7
years
exp.
(87.7k salaries)
| ₹1.8 L/yr - ₹8.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Insurance Specialist
Citicorp
Business Analyst
• posted on 17 Feb 2025
Likes
Facilities for working mothers and the culture
- Company culture - Good
Dislikes
Salary v/s job pressure Promotion opportunity Language based biasness
- Promotions - Poor
TCS
Business Analyst
• posted on 14 Dec 2024
Likes
Work culture at TCS was pretty good for me a lot less stressful with all facilities available inside campus.
- Salary - Good
+4 more
Dislikes
Growth is slow in terms of salary and learning. Sometimes you may excellent project opportunities for growth but chances of getting such projects is very low
read more- Promotions - Poor
Marsh McLennan
Associate
• posted on 20 Mar 2021
Likes
Teammates are supportive. Company policies are good, appraisals are fair and they give good salary and hike
read more- Salary - Good
+6 more
Dislikes
They should provide more time to learn the process.
Standard Chartered
Senior Analyst
• posted on 25 Jun 2022
Likes
Company is good for growth and the work culture is good. There is no pressure at work
- Skill development - Excellent
+5 more
Dislikes
Everything here is good except the salary. Even though there is growth in the company the pay is not as per the market standards.
read moreTop skills for Insurance Specialist
Insurance Specialist Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Pune
Insurance Specialist
2 -
13
years
exp.
| ₹2.1 L/yr - ₹7 L/yr |
Mumbai
Insurance Specialist
2 -
13
years
exp.
| ₹3 L/yr - ₹16.4 L/yr |
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| |
Chennai
Insurance Specialist
2 -
11
years
exp.
| ₹2.5 L/yr - ₹9.9 L/yr |
New Delhi
Insurance Specialist
2 -
13
years
exp.
| ₹1.7 L/yr - ₹10 L/yr |
Bangalore / Bengaluru
Insurance Specialist
2 -
13
years
exp.
| ₹2.8 L/yr - ₹15.5 L/yr |
View More
Insurance Specialist Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Insurance Specialist
2 -
14
years
exp.
| ₹2.2 L/yr - ₹20.5 L/yr |
IT Services & Consulting Insurance Specialist
2 -
13
years
exp.
| ₹2.2 L/yr - ₹9 L/yr |
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| |
Internet Insurance Specialist
2 -
9
years
exp.
| ₹2.1 L/yr - ₹5.1 L/yr |
Insurance Insurance Specialist
2 -
12
years
exp.
| ₹0.8 L/yr - ₹15.6 L/yr |
BPO Insurance Specialist
2 -
6
years
exp.
| ₹2.1 L/yr - ₹4 L/yr |
View More
Frequently Asked Questions (FAQS) about Insurance Specialist Salaries
What is the salary of a Insurance Specialist in India?
The salary of a Insurance Specialist in India varies based on experience, location, company & Industry.
On average, Insurance Specialist salaries ranges from ₹2.1 Lakhs to ₹15.6 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.1 Lakhs to ₹15.6 Lakhs per year, with the highest salary reaching ₹3.0 Lakhs to ₹5.5 Lakhs per year. Salary estimates are based on 190 salaries received from various Insurance Specialists across industries.
The average starting salary is around ₹2.1 Lakhs to ₹15.6 Lakhs per year, with the highest salary reaching ₹3.0 Lakhs to ₹5.5 Lakhs per year. Salary estimates are based on 190 salaries received from various Insurance Specialists across industries.
What are the top paying companies that employ Insurance Specialists?
Insurance Specialist Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Marsh McLennan Insurance Specialist Salary | ₹3 Lakhs to ₹5.5 Lakhs per year |
| TCS Insurance Specialist Salary | ₹2.2 Lakhs to ₹3.8 Lakhs per year |
What are the top paying cities for Insurance Specialist in India?
The annual salary for Insurance Specialist in India varies by location. Top paying cities for Insurance Specialist are
Salary expectations for Insurance Specialist may vary based on job roles, experience, and specific employer requirements.
| Insurance Specialist Salary in Pune | ₹2.1 Lakhs to ₹7.0 Lakhs per year |
| Insurance Specialist Salary in Mumbai | ₹3.0 Lakhs to ₹16.4 Lakhs per year |
| Insurance Specialist Salary in Chennai | ₹2.5 Lakhs to ₹9.9 Lakhs per year |
| Insurance Specialist Salary in New Delhi | ₹1.7 Lakhs to ₹10.0 Lakhs per year |
| Insurance Specialist Salary in Bangalore / Bengaluru | ₹2.8 Lakhs to ₹15.5 Lakhs per year |
What are the top paying industries for Insurance Specialist in India?
Top 5 paying Industries for Insurance Specialist in India are:
| Insurance Specialist Salary in Financial Services | ₹2.2 Lakhs to ₹20.5 Lakhs per year |
| Insurance Specialist Salary in IT Services & Consulting | ₹2.2 Lakhs to ₹9.0 Lakhs per year |
| Insurance Specialist Salary in Internet | ₹2.1 Lakhs to ₹5.1 Lakhs per year |
| Insurance Specialist Salary in Insurance | ₹0.8 Lakhs to ₹15.6 Lakhs per year |
| Insurance Specialist Salary in BPO | ₹2.1 Lakhs to ₹4.0 Lakhs per year |
How does experience affect salaries of a Insurance Specialist in India?
Experience significantly impacts a Insurance Specialist salary in India. Salaries increase with experience, as Insurance Specialist take on more complex tasks, responsibilities, and leadership roles.
Insurance Specialist salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹2.1 Lakhs to ₹4.4 Lakhs per year |
| 3 years | ₹2.3 Lakhs to ₹6.5 Lakhs per year |
| 4 years | ₹1.7 Lakhs to ₹6.8 Lakhs per year |
| 5 years | ₹2.7 Lakhs to ₹7.4 Lakhs per year |
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