Hero Insurance Broking India State Head Salaries by 7 Employees

8 - 17 years exp.

₹5 Lakhs - ₹17 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% less than the average State Head Salary in Insurance Companies for 8 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations State Head Salary 14 - 16 years exp. (3 salaries)	₹5 L/yr - ₹13.5 L/yr
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BFSI, Investments & Trading State Head Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹16.6 L/yr

Last Updated: 18 May 2024

Companies similar to Hero Insurance Broking India for State Head

Company name	Avg Annual Salary	Open Jobs
Unison Insurance Broking Services State Head Salary 15 - 20 years exp. (4 salaries)	₹7.5 L/yr - ₹11 L/yr 15% less
IDFC FIRST Bank State Head Salary 5 - 18 years exp. (376 salaries)	₹6.3 L/yr - ₹26 L/yr 40% more
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Paytm State Head Salary 7 - 18 years exp. (109 salaries)	₹8.8 L/yr - ₹33 L/yr 96% more	1 job opening
Reliance Retail State Head Salary 8 - 22 years exp. (91 salaries)	₹8 L/yr - ₹30.9 L/yr 78% more
Asian Paints State Head Salary 6 - 15 years exp. (78 salaries)	₹12 L/yr - ₹21 L/yr 62% more	1 job opening

State Head salary at Hero Insurance Broking India ranges between ₹5 Lakhs to ₹17 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Hero Insurance Broking India.

Experience wise Hero Insurance Broking India State Head salaries

Last Updated: 18 May 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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10 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
11 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
12 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
13 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
14 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
15+ years (3 salaries)	₹13.2 L/yr - ₹17 L/yr

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Similar Designation salaries in Hero Insurance Broking India

Team Lead Salary

(3 salaries)

₹6 L/yr - ₹7.8 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Area Manager Salary

(5 salaries)

₹4.55 L/yr - ₹5.4 L/yr

Deputy Manager Salary

(13 salaries)

₹9.5 L/yr - ₹13.59 L/yr

Area Sales Manager Salary

(8 salaries)

₹7.25 L/yr - ₹10 L/yr

Territory Manager Salary

(3 salaries)

₹6.6 L/yr - ₹9.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Relationship Manager Salary

(4 salaries)

₹4.2 L/yr - ₹5.6 L/yr

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Hero Insurance Broking India State Head Salary FAQs

What is the salary of State Head at Hero Insurance Broking India ?

The average salary of a State Head at Hero Insurance Broking India in India typically ranges from ₹5.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 8 years to 17 years).

The top 10% of State Head at Hero Insurance Broking India earn more than ₹16.3 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. State Head Salaries at Hero Insurance Broking India 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 7 Hero Insurance Broking India employees in India.

What is the estimated take home salary of a State Head at Hero Insurance Broking India in India?

The estimated take-home salary of a State Head at Hero Insurance Broking India in India typically ranges from ₹78,304 to ₹80,339 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 8 years to 17 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 7 salaries received from various employees of Hero Insurance Broking India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hero Insurance Broking India for State Head in India?

Paytm	₹8.8 Lakhs to ₹33.0 Lakhs per year
Reliance Retail	₹8.0 Lakhs to ₹30.9 Lakhs per year
Asian Paints	₹12.0 Lakhs to ₹21.0 Lakhs per year
IDFC FIRST Bank	₹6.3 Lakhs to ₹26.0 Lakhs per year

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

What is the salary of a State Head in companies similar to Hero Insurance Broking India in India?

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

Unison Insurance Broking Services

₹7.5 Lakhs to ₹11.0 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 State Head at Hero Insurance Broking India in India?

The salary growth for a State Head at Hero Insurance Broking India depends on factors such as experience, performance, and promotions. On average, a State Head can expect the following growth trajectory at Hero Insurance Broking India:

Experience	Average Salary Range
8 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
9 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
10 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
11 years	₹8.3 Lakhs to ₹10.6 Lakhs per year

and so on.

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Hero Insurance Broking India State Head Salaries

Hero Insurance Broking India State Head salary in India ranges between ₹5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Hero Insurance Broking India latest salaries received from various employees of Hero Insurance Broking India.