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Future Generali India Life Insurance Associate salaries in Mumbai (Updated 2025)

Annual salary range
1 - 6 years exp.
₹1.5 Lakh - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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67% less than the average Associate Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
2 - 5 years exp. (5 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Associate Salary
1 - 6 years exp. (4 salaries)
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₹2.3 L/yr - ₹3 L/yr

Project & Program Management
Associate Salary
3 - 5 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Data Science & Analytics
Associate Salary
6 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

Finance & Accounting
Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.7 L/yr

Last Updated: 12 Mar 2025

Companies similar to Future Generali India Life Insurance for Associate in Mumbai

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Future Generali India Life Insurance Associate Salary

1 - 6 years exp. (16 salaries)

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₹1.5 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹4 L/yr

arrow icon 14% more
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₹2 L/yr - ₹3 L/yr

arrow icon 9% more
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Bharti AXA Life Insurance Associate Salary

2 - 6 years exp. (6 salaries)

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₹1.4 L/yr - ₹3.7 L/yr

arrow icon 20% more
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Edelweiss Life Insurance Associate Salary

0 - 11 years exp. (6 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 75% more
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Swiss Re Associate Salary

1 - 6 years exp. (3 salaries)

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₹10 L/yr - ₹15 L/yr

arrow icon 393% more
Associate salary at Future Generali India Life Insurance ranges between ₹1.5 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 16 latest salaries received from various employees of Future Generali India Life Insurance.

Latest annual salaries shared by Future Generali India Life Insurance Associate in Mumbai

4w ago
₹2.3 Lakhs
1 year exp.
3mo ago
₹2.4 Lakhs
1 year exp.
8mo ago
₹3 Lakhs
6 years exp.
1y ago
₹2.3 Lakhs
3 years exp.
1y ago
₹3.5 Lakhs
5 years exp.
1y ago
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3 years exp.
1y ago
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3 years exp.
1y ago
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4 years exp.

Experience wise Future Generali India Life Insurance Associate salaries in Mumbai

Last Updated: 12 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
2 years  (3 salaries)

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₹1.5 L/yr - ₹3 L/yr
3 years  (5 salaries)

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₹2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
View all

Similar Designation salaries in Future Generali India Life Insurance

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₹3 L/yr - ₹7.5 L/yr
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₹3.6 L/yr - ₹5.54 L/yr
Team Lead Salary
(7 salaries)
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₹3 L/yr - ₹8.5 L/yr
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₹6.5 L/yr - ₹8.6 L/yr

Top skills at Future Generali India Life Insurance for Associate

Relationship Management Bancassurance Banking Insurance Sales Sales

Salary related reviews for Future Generali India Life Insurance

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 04 Mar 2025

1.0
 for  Salary and Benefits

Likes

...n more than BAjaj Finserv. The management,the HR team everyone is just pathetic. The only thing good was timely salary.

read more

Dislikes

Superiors, management,HR team

  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 14 Oct 2024

3.0
 for  Salary and Benefits

Likes

I like to work in this company culture i am enjoying my work here I have taken 2 promotion in 2 years , also learn some new things here so overall my experience is good here

read more
  • Work satisfaction - Good
  • +2 more

Dislikes

In our channel there is no appraisal, we need take promotion for salary hike i am not talking about myself but behalf of my colleagues who short for the promotion .

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 20 Sep 2024

4.0
 for  Salary and Benefits

Likes

Nothing only salary package is good

  • Salary - Good

Dislikes

Zero overall. Top management is good for nothing. From the time of interview, they will keep asking you for policy. If you cannot give any policy then they will say your salary will be on hold and You will recieve Termination letter. Think before you join, if you have good relationship and can built good agency then go otherwise think twice. No holiday for you even in Sunday too.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 19 Jul 2024

4.0
 for  Salary and Benefits

Likes

On time salary

  • Salary - Good

Dislikes

Throughout my tenure, I encountered significant challenges in communication and collaboration. My manager often demonstrated a lack of respect and support, which severely impacted team morale and productivity. Constructive feedback and efforts to address these issues were met with dismissiveness and, at times, overt hostility.

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  • Job security - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 20 Mar 2022

4.0
 for  Salary and Benefits

Likes

... treated with respect and given equal opportunities for growth and making money. Salary is given on time for employees.

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  • Salary - Good
  • +6 more

Dislikes

salary is decent but increment is less on promotion, internal competition is high. Only 2 office locations operating currently in bangalore, staff is crowded.

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Future Generali India Life Insurance Associate Salary FAQs

What is the salary of Associate at Future Generali India Life Insurance in Mumbai?
The average salary of a Associate at Future Generali India Life Insurance in Mumbai typically ranges from ₹1.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Associate in Mumbai at Future Generali India Life Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Associate Salaries at Future Generali India 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 10+ Future Generali India Life Insurance employees in India.
What is the estimated take home salary of a Associate at Future Generali India Life Insurance in Mumbai?
The estimated take-home salary of a Associate at Future Generali India Life Insurance in Mumbai typically ranges from ₹18,740 to ₹20,422 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ salaries received from various employees of Future Generali India Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Associate at Future Generali India Life Insurance in Mumbai?
To be a Associate at Future Generali India Life Insurance in Mumbai, the key skills required include:

  • - Relationship Management
  • - Bancassurance
  • - Banking
  • - Insurance Sales
  • - Sales

These skills are highly valued at Future Generali India Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Future Generali India Life Insurance for Associate in India?
Swiss Re ₹10.0 Lakhs to ₹15.0 Lakhs per year
Edelweiss Life Insurance ₹2.0 Lakhs to ₹7.0 Lakhs per year
Bharti AXA Life Insurance ₹1.4 Lakhs to ₹3.7 Lakhs per year
Aditya Birla Health Insurance Co ₹1.8 Lakhs to ₹4.0 Lakhs per year
Ageas Federal Life Insurance ₹2.0 Lakhs to ₹3.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Future Generali India Life Insurance, depending on the role and experience level.
How the salary growth look like for a Associate at Future Generali India Life Insurance in Mumbai?
The salary growth for a Associate at Future Generali India Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at Future Generali India Life Insurance:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years ₹1.5 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.0 Lakhs to ₹4.0 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
and so on.

Tell us how to improve this page.

Future Generali India Life Insurance Associate salary in Mumbai ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Future Generali India Life Insurance latest salaries received from various employees of Future Generali India Life Insurance.