First Policy Insurance Brokers Mumbai Salaries by 9 Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Executive Assistant 4 years exp. · Mumbai (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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Assistant Vice President 22 years exp. · Mumbai (AmbitionBox Estimate)	₹19.4 L/yr - ₹24.8 L/yr
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Business Development 12 years exp. · Mumbai (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
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Deputy Manager 8 years exp. · Mumbai (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Executive Underwriter 6 years exp. · Mumbai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Executive Trainee 4 years exp. · Mumbai (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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Vice President 23 - 24 years exp. · Mumbai (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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Senior Manager 13 years exp. · Mumbai (AmbitionBox Estimate)	₹30.6 L/yr - ₹39.1 L/yr
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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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First Policy Insurance Brokers Salary FAQs

What is the minimum salary in First Policy Insurance Brokers?

Minimum salary at First Policy Insurance Brokers depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹2.1 Lakhs per year, and for Insurance Executive the minimum salary is ₹1.8 Lakh to ₹2.3 Lakhs per year and so on.

What is the notice period at First Policy Insurance Brokers in Mumbai?

According to AmbitionBox, 57% of the First Policy Insurance Brokers employees in Mumbai reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Average annual salary in First Policy Insurance Brokers , Mumbai is INR . Salary estimates are based on 9 First Policy Insurance Brokers latest salaries received from various employees of First Policy Insurance Brokers.