General Insurance Insurance Adviser Salaries by 9 Employees

0 - 6 years exp.

₹2.3 Lakhs - ₹6 Lakhs

Salary of majority employees

10% less than the average Insurance Adviser Salary in Insurance Companies for 0 - 6 years of experience

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Last Updated: 9 Jul 2024

Companies similar to General Insurance for Insurance Adviser

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Insurance Adviser Salary 1 - 20 years exp. (308 salaries)	₹0.9 L/yr - ₹6.2 L/yr 22% more	2 job openings
SBI Life Insurance Company Insurance Adviser Salary 0 - 5 years exp. (161 salaries)	₹1 L/yr - ₹5.5 L/yr 5% more
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Star Health & Allied Insurance Insurance Adviser Salary 0 - 10 years exp. (63 salaries)	₹0.8 L/yr - ₹7.5 L/yr 13% more
Bajaj Allianz Life Insurance Insurance Adviser Salary 0 - 6 years exp. (40 salaries)	₹1.1 L/yr - ₹5 L/yr 11% more
Aditya Birla Sun Life Insurance Insurance Adviser Salary 0 - 10 years exp. (36 salaries)	₹1 L/yr - ₹5.5 L/yr 16% more
Reliance Nippon Life Insurance Insurance Adviser Salary 1 - 6 years exp. (28 salaries)	₹1 L/yr - ₹3 L/yr 24% less
Tata AIA Life Insurance Insurance Adviser Salary 1 - 8 years exp. (25 salaries)	₹1 L/yr - ₹4 L/yr 3% more
Tata AIG Insurance Adviser Salary 0 - 5 years exp. (25 salaries)	₹0.9 L/yr - ₹5.6 L/yr 4% more
Bharti AXA Life Insurance Insurance Adviser Salary 0 - 2 years exp. (13 salaries)	₹0.7 L/yr - ₹2.5 L/yr 36% less
Canara HSBC Life Insurance Insurance Adviser Salary 2 - 5 years exp. (7 salaries)	₹3.2 L/yr - ₹4.2 L/yr 33% more
Pramerica Life Insurance Insurance Adviser Salary 0 - 3 years exp. (7 salaries)	₹1.6 L/yr - ₹2.9 L/yr 24% less
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Reliance General Insurance Insurance Adviser Salary 1 - 5 years exp. (7 salaries)	₹1.1 L/yr - ₹4 L/yr 15% less
Iffco Tokio General Insurance Co. Insurance Adviser Salary 3 - 9 years exp. (6 salaries)	₹1.5 L/yr - ₹3.5 L/yr 9% less
Niva Bupa Health Insurance Company Insurance Adviser Salary 1 - 4 years exp. (6 salaries)	₹3 L/yr - ₹3.5 L/yr 13% more
Aditya Birla Health Insurance Co Insurance Adviser Salary 2 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 11% more
MetLife Insurance Adviser Salary 0 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr 37% more
Shriram Life Insurance Insurance Adviser Salary 2 - 6 years exp. (3 salaries)	₹2.7 L/yr - ₹3.2 L/yr 3% more
AXA Business Services Insurance Adviser Salary 0 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹5.3 L/yr 62% more

Insurance Adviser salary at General Insurance ranges between ₹2.3 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 9 latest salaries received from various employees of General Insurance.

Experience wise General Insurance Insurance Adviser salaries

Last Updated: 9 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

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Salary related reviews for General Insurance

Kolkata in Kolkata

Sales & Business Development Department

4.0

• posted on 22 Apr 2021

4.0

for Salary and Benefits

Likes

I have worked in general insurance and i have experience and feild working habituated.I have issues policy from TATA, Chola, Shriram, Bajaj,go digit , ICICI Lombard from welcom financial Pvt Ltd Kolkata.I have interested with general insurance company

Salary - Good

+6 more

Dislikes

Nathing special but claim settlement should be fast for the customer's

LOSS ASSESSOR RISK INSPECTION ENGINEER,FACULTY in Noida

In industries --quality, production, in general insurance claims assess... Department

5.0

• posted on 20 Aug 2019

5.0

for Salary and Benefits

Likes

I am an expert in Motor claims of unlimited estimated loss. Carried out more than 11000 surveys so far. I like it and also delivered lectures in several national level seminars and work shops. I am honored to opine on the motor litigated and cases filed before the ombudsman for decision. I give my opinion on base of insurance laws and technicalities on the claims. I am also expert in pre insurance inspection /Risk Inspections also in Risk management of non motor insurance. I like the most above both jabs. I have deep knowledge of law and engineering/ technicality of the claims. I am very innovative with technology and laws and cooperative with the colleagues and do respect the bosses.

Salary - Excellent

+6 more

Dislikes

i like this industry. as my job is dependent on insurers so, some time i face deputation problem.

Regional Manager

BFSI, Investments & Trading Department

5.0

• posted on 16 Jul 2018

5.0

for Salary and Benefits

Likes

When Insurance industry was opened for for private participation in 2004, it was projected by market leaders that the existing public sector general insurance [PSGI] will be doomed in five years. Alas, that it was not to be. Even now the PSGI compnies hold more than 50% of Market Share of General Insurance Premium and is growing steadily and are making the Pvt. Sector Insurance companies run for their money. Unlike Life insurance where investments are made for long term, the general insurance contracts are annual in nature, yet the public confidence is still with PSGI companies. There can be delay but there won't be deny in case of any major catastrophe. Ofcourse, the PSGI companies have to be more customer friendly when it comes to hassle free acceptance of premium as well as settlement of claims by using the latest advanced automation/digitilaisation.

Salary - Excellent

+6 more

Dislikes

At times it may be frustrating for the really competent persons as out of turn recognition / elevation is not possible, as well as tougher industrial relations -- because of the undue advantage taken by certain undeserving elements taking protection under the prrevailing reservation system.

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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General Insurance Insurance Adviser Salary FAQs

What is the salary of Insurance Adviser at General Insurance ?

The average salary of a Insurance Adviser at General Insurance in India typically ranges from ₹2.3 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Insurance Adviser at General Insurance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Insurance Adviser Salaries at General 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 9 General Insurance employees in India.

What is the estimated take home salary of a Insurance Adviser at General Insurance in India?

The estimated take-home salary of a Insurance Adviser at General Insurance in India typically ranges from ₹18,983 to ₹20,662 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher 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 9 salaries received from various employees of General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than General Insurance for Insurance Adviser in India?

AXA Business Services	₹2.8 Lakhs to ₹5.3 Lakhs per year
MetLife	₹3.1 Lakhs to ₹4.0 Lakhs per year
Canara HSBC Life Insurance	₹3.2 Lakhs to ₹4.2 Lakhs per year
Life Insurance Corporation of India	₹0.9 Lakhs to ₹6.2 Lakhs per year
Aditya Birla Sun Life Insurance	₹1.0 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Insurance Adviser in companies similar to General Insurance in India?

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

Star Health & Allied Insurance	₹0.8 Lakhs to ₹7.5 Lakhs per year
Niva Bupa Health Insurance Company	₹3.0 Lakhs to ₹3.5 Lakhs per year
Bajaj Allianz Life Insurance	₹1.1 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Health Insurance Co	₹2.0 Lakhs to ₹3.6 Lakhs per year
SBI Life Insurance Company	₹1.0 Lakhs to ₹5.5 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 Adviser at General Insurance in India?

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹2.9 Lakhs per year
1 year	₹2.3 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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General Insurance Insurance Adviser Salaries

General Insurance Insurance Adviser salary in India ranges between ₹2.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 General Insurance latest salaries received from various employees of General Insurance.