General Insurance Senior Associate Salaries by 5 Employees (Updated 2025)

6 - 9 years exp.

₹3.3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

64% less than the average Senior Associate Salary in Insurance Companies for 6 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Associate Salary 6 - 9 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr
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BFSI, Investments & Trading Senior Associate Salary 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 1 Jan 2025

Companies similar to General Insurance for Senior Associate

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Senior Associate Salary 6 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹6 L/yr 7% more
ICICI Lombard General Insurance Company Senior Associate Salary 4 - 10 years exp. (13 salaries)	₹3 L/yr - ₹6.5 L/yr 39% more
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HDFC Ergo General Insurance Senior Associate Salary 1 - 7 years exp. (83 salaries)	₹3 L/yr - ₹6 L/yr 16% more
Bajaj Allianz General Insurance Senior Associate Salary 3 - 10 years exp. (6 salaries)	₹2.4 L/yr - ₹6.2 L/yr 32% more
The New India Assurance Co. Senior Associate Salary 2 - 9 years exp. (4 salaries)	₹5.2 L/yr - ₹12 L/yr 164% more
United India Insurance Company Senior Associate Salary 2 - 7 years exp. (4 salaries)	₹4 L/yr - ₹6.5 L/yr 42% more
Reliance General Insurance Senior Associate Salary 5 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹7 L/yr 40% more
Tata AIG Senior Associate Salary 0 - 3 years exp. (5 salaries)	₹2.1 L/yr - ₹14.2 L/yr 133% more
SBI General Insurance Senior Associate Salary 0 - 7 years exp. (5 salaries)	₹2.7 L/yr - ₹7.5 L/yr 45% more
Allstate Senior Associate Salary 1 - 7 years exp. (918 salaries)	₹2.3 L/yr - ₹8.3 L/yr 42% more
SBI Life Insurance Company Senior Associate Salary 0 - 11 years exp. (537 salaries)	₹2 L/yr - ₹7 L/yr 27% more
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MetLife Senior Associate Salary 1 - 7 years exp. (534 salaries)	₹1.5 L/yr - ₹7.5 L/yr 31% more
First American Corporation Senior Associate Salary 2 - 9 years exp. (228 salaries)	₹1.8 L/yr - ₹5.4 L/yr 5% more
Canara HSBC Life Insurance Senior Associate Salary 1 - 10 years exp. (82 salaries)	₹2.7 L/yr - ₹6 L/yr 28% more
Guardian India Senior Associate Salary 4 - 7 years exp. (53 salaries)	₹2.5 L/yr - ₹5.2 L/yr 30% more
Gallagher Senior Associate Salary 3 - 8 years exp. (50 salaries)	₹2.6 L/yr - ₹8 L/yr 58% more
AXA Business Services Senior Associate Salary 1 - 7 years exp. (27 salaries)	₹3 L/yr - ₹6 L/yr 34% more
Medi Assist India Senior Associate Salary 1 - 8 years exp. (21 salaries)	₹2.2 L/yr - ₹4.5 L/yr 4% more
Principal Global Services Senior Associate Salary 2 - 12 years exp. (12 salaries)	₹4 L/yr - ₹10.2 L/yr 86% more
Bajaj Allianz Life Insurance Senior Associate Salary 0 - 6 years exp. (9 salaries)	₹3 L/yr - ₹5.5 L/yr 19% more

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Senior Associate salary at General Insurance ranges between ₹3.3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of General Insurance.

Experience wise General Insurance Senior Associate salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.5 L/yr
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8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6 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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1w (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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General Insurance Senior Associate Salary FAQs

What is the salary of Senior Associate at General Insurance?

Senior Associate salary at General Insurance in India ranges between ₹3.3 Lakhs to ₹3.5 Lakhs for experience between 6 years to 9 years. According to our estimates it is 64% less than the average Senior Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of General Insurance India.

How does the salary of a Senior Associate at General Insurance India compare with the average salary range for this job?

The average salary of a Senior Associate at General Insurance is 64% less than the average salary of a Senior Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than General Insurance to a Senior Associate in India?

The New India Assurance Co. Senior Associate Salary - ₹5.2 Lakhs to ₹12.0 Lakhs per year
Tata AIG Senior Associate Salary - ₹2.1 Lakhs to ₹14.2 Lakhs per year
Principal Global Services Senior Associate Salary - ₹4.0 Lakhs to ₹10.2 Lakhs per year
Gallagher Senior Associate Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
Tata AIA Life Insurance Senior Associate Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year

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

SBI General Insurance Senior Associate Salary - ₹2.7 Lakhs to ₹7.5 Lakhs per year
Future Generali India Life Insurance Senior Associate Salary - ₹3.6 Lakhs to ₹5.5 Lakhs per year
United India Insurance Company Senior Associate Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
Allstate Senior Associate Salary - ₹2.3 Lakhs to ₹8.3 Lakhs per year
Reliance General Insurance Senior Associate Salary - ₹3.2 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Senior Associate at General Insurance ranges between ₹24,217 per month to ₹25,667 per month in India. The take-home salary calculation is based on the average General Insurance Senior Associate salary in India which ranges between ₹3.3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at General Insurance?

According to AmbitionBox, 100% of the General Insurance Senior Associates reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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General Insurance Senior Associate Salaries

General Insurance Senior Associate salary in India ranges between ₹3.3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 General Insurance latest salaries received from various employees of General Insurance.