Iffco Tokio General Insurance Co. Mumbai Executive Salaries by 5 Employees

5 - 8 years exp.

₹3.5 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Executive Salary in Insurance Companies for 5 - 8 years of experience

Interested in this particular role?

Last Updated: 1 Aug 2023

Companies similar to Iffco Tokio General Insurance Co. for Executive in Mumbai

Iffco Tokio General Insurance Co. Executive Salary

5 - 8 years exp. (5 salaries)

₹3.5 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Executive Salary 1 - 9 years exp. (66 salaries)	₹2.3 L/yr - ₹6.5 L/yr 7% more	1 job opening
SBI General Insurance Executive Salary 0 - 9 years exp. (61 salaries)	₹2 L/yr - ₹4.2 L/yr 23% less
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Tata AIG Executive Salary 0 - 8 years exp. (42 salaries)	₹1.8 L/yr - ₹5 L/yr 23% less
ICICI Prudential Life Insurance Executive Salary 1 - 8 years exp. (29 salaries)	₹1.2 L/yr - ₹3.1 L/yr 43% less
Aditya Birla Health Insurance Co Executive Salary 1 - 7 years exp. (24 salaries)	₹2.2 L/yr - ₹3.5 L/yr 29% less
MDIndia Health Insurance TPA Executive Salary 0 - 4 years exp. (24 salaries)	₹1 L/yr - ₹3 L/yr 55% less
ICICI Lombard General Insurance Company Executive Salary 1 - 6 years exp. (18 salaries)	₹1.8 L/yr - ₹5.8 L/yr 24% less
HDFC Life Executive Salary 0 - 5 years exp. (15 salaries)	₹2.7 L/yr - ₹5 L/yr 1% more
Reliance Nippon Life Insurance Executive Salary 1 - 7 years exp. (14 salaries)	₹1.5 L/yr - ₹4.2 L/yr 32% less
Aditya Birla Sun Life Insurance Executive Salary 0 - 5 years exp. (14 salaries)	₹1.8 L/yr - ₹3.2 L/yr 38% less
PNB MetLife Executive Salary 0 - 6 years exp. (13 salaries)	₹2 L/yr - ₹3.2 L/yr 37% less
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Star Health & Allied Insurance Executive Salary 1 - 7 years exp. (9 salaries)	₹2.2 L/yr - ₹4.6 L/yr 31% less
Bajaj Allianz Life Insurance Executive Salary 1 - 6 years exp. (7 salaries)	₹3.3 L/yr - ₹4.6 L/yr 12% less
SBI Life Insurance Company Executive Salary 2 - 11 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 18% less

Executive salary at Iffco Tokio General Insurance Co. ranges between ₹3.5 Lakhs to ₹4.2 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Iffco Tokio General Insurance Co..

Experience wise Iffco Tokio General Insurance Co. Executive salaries in Mumbai

Last Updated: 1 Aug 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

From

Executive

₹

Lakhs/yr

0 - 9 years exp.

Chief Manager

₹

Lakhs/yr

11 - 20 years exp.

Executive

0 - 9 years exp.

Assistant Manager

0 - 12 years exp.

76% hike

Manager

4 - 19 years exp.

39% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Iffco Tokio General Insurance Co.

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Operations Executive Salary

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₹1.5 L/yr - ₹3.85 L/yr

Claims Executive Salary

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General Manager Salary

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Deputy General Manager Salary

(3 salaries)

₹25 L/yr - ₹30 L/yr

Chief Manager Salary

(3 salaries)

₹17.4 L/yr - ₹27 L/yr

Salary related reviews for Iffco Tokio General Insurance Co.

5.0

Rated by 1 employees for salary & benefits

Senior Officer in Chandigarh

Full Time

Sales & Business Development Department

5.0

• posted on 05 May 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good appraisals and fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Career growth is slow

Consultant in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 23 Feb 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing

District Manager in Shahdol

Full Time

Insurance Department

5.0

• posted on 22 Apr 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike every year.

Salary - Excellent

+6 more

Dislikes

Salary is Good But Career Growth is Slow...

Senior Executive in Gurgaon / Gurugram

Finance & Accounting Department

1.0

• posted on 25 Apr 2021

1.0

for Salary and Benefits

Likes

Work culture is pathetic because management require 7 days a week working with no extra pay on week end holidays while company claims 5 days in a week work culture. Company require from employee to present in time in the morning which is good but no evening off timing and there is no extra payment for same but if you come late in the morning your salary will be deducted if employee crosses 1 hour buffer time in a month.

Job security - Good

Dislikes

Salary - Bad
Skill development - Bad

+4 more

Operations Executive in Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

...blem but if you are on third party payroll then you can never come on payroll... No benifits offer to third party payroll and salary is also not satisfactory....

Work-life balance - Good

Dislikes

Salary - Bad
Skill development - Bad

+2 more

see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Iffco Tokio General Insurance Co. Executive Salary FAQs

What is the salary of Executive at Iffco Tokio General Insurance Co. in Mumbai?

The average salary of a Executive at Iffco Tokio General Insurance Co. in Mumbai typically ranges from ₹3.5 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Executive in Mumbai at Iffco Tokio General Insurance Co. earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Executive Salaries at Iffco Tokio General Insurance Co. 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 5 Iffco Tokio General Insurance Co. employees in India.

What is the estimated take home salary of a Executive at Iffco Tokio General Insurance Co. in Mumbai?

The estimated take-home salary of a Executive at Iffco Tokio General Insurance Co. in Mumbai typically ranges from ₹31,007 to ₹32,306 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 5 years to 8 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 5 salaries received from various employees of Iffco Tokio General Insurance Co.. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Iffco Tokio General Insurance Co. for Executive in India?

Tata AIA Life Insurance	₹2.3 Lakhs to ₹6.5 Lakhs per year
HDFC Life	₹2.7 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Executive in companies similar to Iffco Tokio General Insurance Co. in Mumbai?

The salary of a Executive at companies similar to Iffco Tokio General Insurance Co. in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹3.3 Lakhs to ₹4.6 Lakhs per year
SBI Life Insurance Company	₹3.0 Lakhs to ₹3.8 Lakhs per year
SBI General Insurance	₹2.0 Lakhs to ₹4.2 Lakhs per year
Tata AIG	₹1.8 Lakhs to ₹5.0 Lakhs per year
ICICI Lombard General Insurance Company	₹1.8 Lakhs to ₹5.8 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 Executive at Iffco Tokio General Insurance Co. in Mumbai?

The salary growth for a Executive at Iffco Tokio General Insurance Co. in Mumbai depends on factors such as experience, performance, and promotions. On average, a Executive in Mumbai can expect the following growth trajectory at Iffco Tokio General Insurance Co.:

Experience	Average Salary Range
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
6 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
7 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
8 years	₹3.7 Lakhs to ₹4.8 Lakhs per year

and so on.

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Iffco Tokio General Insurance Co. Executive Salaries in Mumbai

Iffco Tokio General Insurance Co. Executive salary in Mumbai ranges between ₹3.5 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Iffco Tokio General Insurance Co. latest salaries received from various employees of Iffco Tokio General Insurance Co..