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General Insurance Sales Executive salaries in Mumbai

Annual salary range
2 - 5 years exp.
₹2 Lakhs - ₹2.5 Lakhs
Salary of majority employees
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29% less than the average Sales Executive Salary in Insurance Companies for 2 - 5 years of experience

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Salaries in different departments

Sales & Business Development
Sales Executive Salary
3 - 5 years exp. (3 salaries)
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₹2 L/yr - ₹2.5 L/yr

BFSI, Investments & Trading
Sales Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.5 L/yr

Last Updated: 14 Mar 2023

Companies similar to General Insurance for Sales Executive in Mumbai

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General Insurance Sales Executive Salary

2 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹2.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.2 L/yr - ₹5 L/yr

arrow icon 4% more
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₹1.5 L/yr - ₹4.4 L/yr

arrow icon 30% more
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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 37% more
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₹1.7 L/yr - ₹3.3 L/yr

arrow icon 14% more
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Tata AIG Sales Executive Salary

1 - 5 years exp. (10 salaries)

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₹1.4 L/yr - ₹3.8 L/yr

arrow icon 2% more
1 job opening
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SBI General Insurance Sales Executive Salary

3 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 27% more
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₹2 L/yr - ₹4 L/yr

arrow icon 22% more
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₹1.4 L/yr - ₹3.6 L/yr

arrow icon 9% more
1 job opening
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₹1 L/yr - ₹3 L/yr

arrow icon 6% less
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₹1.8 L/yr - ₹4 L/yr

arrow icon 46% more
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₹0.7 L/yr - ₹4.5 L/yr

arrow icon 25% more
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₹2 L/yr - ₹3 L/yr

arrow icon 19% more
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₹2.8 L/yr - ₹4 L/yr

arrow icon 29% more
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₹2.1 L/yr - ₹3.1 L/yr

arrow icon 28% more

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Sales Executive salary at General Insurance ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of General Insurance.

Latest annual salaries shared by General Insurance Sales Executive in Mumbai

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4 years exp.
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3 years exp.
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3 years exp.
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2 years exp.

Experience wise General Insurance Sales Executive salaries in Mumbai

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.5 L/yr

Similar Designation salaries in General Insurance

Sales Officer Salary
(4 salaries)
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₹2.6 L/yr - ₹3.3 L/yr
Deputy Manager Salary
(3 salaries)
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₹4 L/yr - ₹9 L/yr
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₹3.25 L/yr - ₹3.5 L/yr

Salary related reviews for General Insurance

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

read more
  • Salary - Good
  • +6 more

Dislikes

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

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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.

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  • 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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General Insurance Sales Executive Salary FAQs

What is the salary of Sales Executive at General Insurance Mumbai?
Sales Executive salary at General Insurance in Mumbai ranges between ₹2.0 Lakhs to ₹2.5 Lakhs for experience between 2 years to 5 years. According to our estimates it is 29% less than the average Sales Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of General Insurance Mumbai.
How does the salary of a Sales Executive at General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Sales Executive at General Insurance is 29% less than the average salary of a Sales Executive in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than General Insurance to a Sales Executive in Mumbai?
  • Aditya Birla Sun Life Insurance Sales Executive Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
  • Bajaj Allianz General Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year
  • HDFC Ergo General Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.4 Lakhs per year
  • Star Health & Allied Insurance Sales Executive Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
  • Bajaj Allianz Life Insurance Sales Executive Salary - ₹2.1 Lakhs to ₹3.1 Lakhs per year
What is the salary of a Sales Executive in companies similar to General Insurance in Mumbai?
  • SBI General Insurance Sales Executive Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
  • Tata AIA Life Insurance Sales Executive Salary - ₹0.7 Lakhs to ₹4.5 Lakhs per year
  • Aditya Birla Health Insurance Co Sales Executive Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
  • SBI Life Insurance Company Sales Executive Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
  • Reliance General Insurance Sales Executive Salary - ₹1.7 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Sales Executive at General Insurance in Mumbai?
The estimated take-home salary of a Sales Executive at General Insurance ranges between ₹15,754 per month to ₹17,387 per month in Mumbai. The take-home salary calculation is based on the average General Insurance Sales Executive salary in India which ranges between ₹2.0 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

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General Insurance Sales Executive salary in Mumbai ranges between ₹2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 General Insurance latest salaries received from various employees of General Insurance.