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Iffco Tokio General Insurance Co. Insurance Officer salaries in India

Annual salary range
0 - 5 years exp.
₹1.2 Lakh - ₹3.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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11% less than the average Insurance Officer Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Insurance Officer Salary
Fresher (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

Sales & Business Development
Insurance Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.7 L/yr

Last Updated: 16 Aug 2024

Companies similar to Iffco Tokio General Insurance Co. for Insurance Officer

Company name Avg Annual Salary Open Jobs
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PNB MetLife Insurance Officer Salary

0 - 5 years exp. (34 salaries)

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₹1.5 L/yr - ₹4 L/yr

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24 job openings
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₹2 L/yr - ₹4 L/yr

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₹1 L/yr - ₹3.5 L/yr

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₹2.3 L/yr - ₹3.9 L/yr

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₹2.6 L/yr - ₹4 L/yr

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₹3 L/yr - ₹4 L/yr

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Tata AIG Insurance Officer Salary

4 - 9 years exp. (4 salaries)

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₹2.5 L/yr - ₹2.7 L/yr

arrow icon 4% more
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₹1.3 L/yr - ₹3.5 L/yr

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₹1.9 L/yr - ₹2.5 L/yr

arrow icon 15% less
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₹2 L/yr - ₹3.4 L/yr

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MetLife Insurance Officer Salary

0 - 2 years exp. (3 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 15% more
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₹1.5 L/yr - ₹2.8 L/yr

arrow icon 8% less
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 13% more
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₹8.1 L/yr - ₹10.4 L/yr

arrow icon 264% more
Insurance Officer salary at Iffco Tokio General Insurance Co. ranges between ₹1.2 Lakh to ₹3.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Iffco Tokio General Insurance Co..

Latest annual salaries shared by Iffco Tokio General Insurance Co. Insurance Officer

10mo ago
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2 years exp.
1y ago
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5 years exp.
1y ago
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2 years exp.

Experience wise Iffco Tokio General Insurance Co. Insurance Officer salaries

Last Updated: 16 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)

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

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₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.1 L/yr
View all

Similar Designation salaries in Iffco Tokio General Insurance Co.

Senior Officer Salary
(37 salaries)
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₹2.2 L/yr - ₹4.3 L/yr
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₹1.5 L/yr - ₹3 L/yr
Deputy Manager Salary
(4 salaries)
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₹4.4 L/yr - ₹7.3 L/yr
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₹1.7 L/yr - ₹9.5 L/yr
Sales Executive Salary
(42 salaries)
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₹2.5 L/yr - ₹4.9 L/yr
MIS Executive Salary
(11 salaries)
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₹2.15 L/yr - ₹4.08 L/yr
Computer Operator Salary
(AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr
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₹1.1 L/yr - ₹4 L/yr
Team Lead Salary
(3 salaries)
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₹3.2 L/yr - ₹4 L/yr
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₹2.2 L/yr - ₹3.7 L/yr

Salary related reviews for Iffco Tokio General Insurance Co.

5.0

Rated by 1 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Career growth is slow

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....

read more
  • Work-life balance - Good

Dislikes

  • Salary - Bad
  • Skill development - Bad
  • +2 more

Other Department

5.0
  •  posted on 20 Apr 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Other Department

5.0
  •  posted on 02 Aug 2020

2.0
 for  Salary and Benefits

Likes

Good work environment and culture, but as a deo, we have no salary hike, but i would like to continue work here, because teammates and subordinate are very friendly.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Deo as no salary hike, including this tooo, because they are supporting there permanant on roll staffs, contract staffs have no salary hike, i am working in iffcotokio since 2018, but i have no salary hike,

read more
  • Salary - Poor

BFSI, Investments & Trading Department

5.0
  •  posted on 13 Jan 2022

4.0
 for  Salary and Benefits

Likes

Good work environment and culture. All team members are supportive.company policies are good and they give good salary .

read more
  • Salary - Good
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but not incremental added properly.

read more
see more salary related reviews

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Iffco Tokio General Insurance Co. Insurance Officer Salary FAQs

What is the salary of Insurance Officer at Iffco Tokio General Insurance Co. ?
The average salary of a Insurance Officer at Iffco Tokio General Insurance Co. in India typically ranges from ₹1.2 Lakhs to ₹3.4 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Insurance Officer at Iffco Tokio General Insurance Co. earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Insurance Officer 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 4 Iffco Tokio General Insurance Co. employees in India.
What is the estimated take home salary of a Insurance Officer at Iffco Tokio General Insurance Co. in India?
The estimated take-home salary of a Insurance Officer at Iffco Tokio General Insurance Co. in India typically ranges from ₹17,271 to ₹18,975 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from Fresher to 5 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 4 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 Insurance Officer in India?
National Insurance Company ₹8.1 Lakhs to ₹10.4 Lakhs per year
Canara HSBC Life Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance ₹2.3 Lakhs to ₹3.9 Lakhs per year
Tata AIA Life Insurance ₹2.6 Lakhs to ₹4.0 Lakhs per year
MetLife ₹2.2 Lakhs to ₹3.6 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 Insurance Officer in companies similar to Iffco Tokio General Insurance Co. in India?
The salary of a Insurance Officer at companies similar to Iffco Tokio General Insurance Co. in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹1.8 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance ₹2.0 Lakhs to ₹4.0 Lakhs per year
Star Health & Allied Insurance ₹2.0 Lakhs to ₹3.4 Lakhs per year
PNB MetLife ₹1.5 Lakhs to ₹4.0 Lakhs per year
Tata AIG ₹2.5 Lakhs to ₹2.7 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 Officer at Iffco Tokio General Insurance Co. in India?
The salary growth for a Insurance Officer at Iffco Tokio General Insurance Co. depends on factors such as experience, performance, and promotions. On average, a Insurance Officer can expect the following growth trajectory at Iffco Tokio General Insurance Co.:

Experience Average Salary Range
Fresher ₹1.8 Lakhs to ₹2.3 Lakhs per year
1 year ₹2.0 Lakhs to ₹2.5 Lakhs per year
2 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
and so on.

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Iffco Tokio General Insurance Co. Insurance Officer salary in India ranges between ₹1.2 Lakh to ₹3.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Iffco Tokio General Insurance Co. latest salaries received from various employees of Iffco Tokio General Insurance Co..