Pramerica Life Insurance Insurance Executive Salaries by 4 Employees

1 - 2 years exp.

₹1.1 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% less than the average Insurance Executive Salary in Insurance Companies for 1 - 2 years of experience

Interested in this particular role?

Last Updated: 2 Oct 2024

Companies similar to Pramerica Life Insurance for Insurance Executive

Company name	Avg Annual Salary	Open Jobs
Cholamandalam MS General Insurance Insurance Executive Salary 0 - 6 years exp. (12 salaries)	₹1.5 L/yr - ₹4 L/yr 30% more
Shriram General Insurance Insurance Executive Salary 1 - 5 years exp. (10 salaries)	₹1.2 L/yr - ₹2.8 L/yr 12% more
Login to view exact salary
MetLife Insurance Executive Salary 1 - 4 years exp. (8 salaries)	₹1.9 L/yr - ₹4.5 L/yr 61% more
Future Generali India Life Insurance Insurance Executive Salary 1 - 4 years exp. (7 salaries)	₹1.5 L/yr - ₹3.5 L/yr 38% more
IndiaFirst Life Insurance Insurance Executive Salary 0 - 10 years exp. (6 salaries)	₹3.1 L/yr - ₹4.3 L/yr 70% more
Medi Assist India Insurance Executive Salary 0 - 4 years exp. (6 salaries)	₹1 L/yr - ₹3.3 L/yr 27% more
Universal Sompo General Insurance Insurance Executive Salary 2 - 12 years exp. (6 salaries)	₹3.5 L/yr - ₹4.5 L/yr 87% more
Magma HDI General Insurance Insurance Executive Salary 1 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹3 L/yr 3% more
Edelweiss Life Insurance Insurance Executive Salary 1 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.8 L/yr 33% more
Family Health Plan Insurance Executive Salary 0 - 8 years exp. (4 salaries)	₹2.3 L/yr - ₹5 L/yr 51% more
Bharti AXA Life Insurance Insurance Executive Salary 3 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.4 L/yr 51% more
Login to view exact salary
Aditya Birla Health Insurance Co Insurance Executive Salary 3 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹4.2 L/yr 65% more
Bajaj Capital Insurance Insurance Executive Salary 0 - 10 years exp. (4 salaries)	₹1.9 L/yr - ₹12 L/yr 146% more
Liberty General Insurance Insurance Executive Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 9% more
Ageas Federal Life Insurance Insurance Executive Salary 5 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr 73% more

Insurance Executive salary at Pramerica Life Insurance ranges between ₹1.1 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Insurance Executive salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.1 L/yr - ₹3 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Similar Designation salaries in Pramerica Life Insurance

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(7 salaries)

₹2.05 L/yr - ₹4 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Back Office Executive Salary

(5 salaries)

₹3 L/yr - ₹3.6 L/yr

Operations Executive Salary

(26 salaries)

₹1.95 L/yr - ₹4 L/yr

Customer Care Executive Salary

(4 salaries)

₹1.2 L/yr - ₹3.66 L/yr

Customer Service Executive Salary

(3 salaries)

₹2.65 L/yr - ₹3 L/yr

Customer Support Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Office Assistant Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Computer Operator Salary

(3 salaries)

₹1.2 L/yr - ₹4 L/yr

Data Entry Operator Salary

(4 salaries)

₹0.4 L/yr - ₹2.1 L/yr

Salary related reviews for Pramerica Life Insurance

3.0

Rated by 1 employees for salary & benefits

Relationship Manager in Ambala

Education /school empanalment , team development ,And policy sale Department

2.0

• posted on 06 Sep 2017

5.0

for Salary and Benefits

Likes

I had a great experiance before joining when i worked as a commision agent only and just working for 24 percent commision even though i didn't have any license . Iwas just a commission agent .

Salary - Excellent

+4 more

Dislikes

...nise an activity there they denided to finance it .but i did on my own account . And there was 2 month and 17 day that i haven't recived my salary . So i regined . As i was left with no money to stay in ambala.

Job security - Poor

+1 more

Associate Sales Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2024

1.0

for Salary and Benefits

Likes

Work timings and on time salary

Dislikes

Worst company I have ever worked. No professional management. No response from the HR management. The branch manager of vizag branch very worst. If anythings doesnot goes according to him he simply keeps unpaid to the whole month employees attendance which will lead to loss of pay. If we complaint to HR level then also they won't take any action. The BM even asks money from the customers for settling death claims. He does not know how to talk with the employees. He does not have any BM qualities and qualifications.

Salary - Bad

+6 more

Senior Sales Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2023

2.0

for Salary and Benefits

Likes

Nothing.

Dislikes

In my vertical it isn't a right place to work with. This is the fake institutional business channel, more over you had to source your own business and also don't rely on the support of the corporate agent(Broking Partner). Please think twice before joining in the IB Vertical.

Salary - Poor

+3 more

Renewal Executive in Ranchi

Full Time

Procurement & Supply Chain Department

5.0

• posted on 13 Apr 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology

Salary - Excellent

+3 more

Dislikes

Compensation is decent but growth is very slow. The work pressure is very high . I have to work 13 - 14 hours straight in a day as I have to attend customer call in the evening and some time late night received con call

UH in Kolkata

BFSI, Investments & Trading Department

1.0

• posted on 28 Apr 2021

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...g terms unnecessary pressure and demean you in all forms and then kick you out. Dont be fooled by the first impression or salary or the office, tea coffe making machine All are just to hide their real dark faces behind. YOU WILL WORK ROUND THE CLOCK, NO WORK LIFE BALANCE. This is a cousin of Byjus in short. They will ruin your RESUME, YOUR IDENTITY, CONFIDENCE IN LIFE, YOUR PHYSICAL - MENTAL HEALTH. DON'T JOIN THIS SCAM.

Salary - Bad

+6 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

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Pramerica Life Insurance Insurance Executive Salary FAQs

What is the salary of Insurance Executive at Pramerica Life Insurance ?

The average salary of a Insurance Executive at Pramerica Life Insurance in India typically ranges from ₹1.1 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Insurance Executive at Pramerica Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Insurance Executive Salaries at Pramerica Life Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Pramerica Life Insurance employees in India.

What is the estimated take home salary of a Insurance Executive at Pramerica Life Insurance in India?

The estimated take-home salary of a Insurance Executive at Pramerica Life Insurance in India typically ranges from ₹14,596 to ₹16,129 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Pramerica Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Pramerica Life Insurance for Insurance Executive in India?

Bajaj Capital Insurance	₹1.9 Lakhs to ₹12.0 Lakhs per year
Universal Sompo General Insurance	₹3.5 Lakhs to ₹4.5 Lakhs per year
Ageas Federal Life Insurance	₹3.5 Lakhs to ₹4.0 Lakhs per year
IndiaFirst Life Insurance	₹3.1 Lakhs to ₹4.3 Lakhs per year
Aditya Birla Health Insurance Co	₹2.4 Lakhs to ₹4.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Pramerica Life Insurance, depending on the role and experience level.

What is the salary of a Insurance Executive in companies similar to Pramerica Life Insurance in India?

The salary of a Insurance Executive at companies similar to Pramerica Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MetLife	₹1.9 Lakhs to ₹4.5 Lakhs per year
Bharti AXA Life Insurance	₹2.5 Lakhs to ₹3.4 Lakhs per year
Family Health Plan	₹2.3 Lakhs to ₹5.0 Lakhs per year
Future Generali India Life Insurance	₹1.5 Lakhs to ₹3.5 Lakhs per year
Edelweiss Life Insurance	₹2.3 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Insurance Executive at Pramerica Life Insurance in India?

The salary growth for a Insurance Executive at Pramerica Life Insurance depends on factors such as experience, performance, and promotions. On average, a Insurance Executive can expect the following growth trajectory at Pramerica Life Insurance:

Experience	Average Salary Range
1 year	₹1.1 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Pramerica Life Insurance Insurance Executive Salaries

Pramerica Life Insurance Insurance Executive salary in India ranges between ₹1.1 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.