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IndiaFirst Life Insurance Salaries in Mumbai (Updated 2025)

based on 927 latest salaries
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BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
4 - 13 years exp. · Mumbai (58 salaries)
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₹4 L/yr - ₹10.7 L/yr

0 - 10 years exp. · Mumbai (57 salaries)
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₹2.8 L/yr - ₹6 L/yr

1 job opening
1 - 6 years exp. · Mumbai (47 salaries)
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₹1.6 L/yr - ₹3.6 L/yr

1 - 6 years exp. · Mumbai (33 salaries)
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₹1.8 L/yr - ₹3.8 L/yr

Starting your career? Discover IndiaFirst Life Insurance fresher salaries in India
7 - 21 years exp. · Mumbai (21 salaries)
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₹16.5 L/yr - ₹36 L/yr

3 - 9 years exp. · Mumbai (17 salaries)
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₹3.1 L/yr - ₹4.9 L/yr

13 - 19 years exp. · Mumbai (14 salaries)
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₹22 L/yr - ₹52 L/yr

7 - 16 years exp. · Mumbai (12 salaries)
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₹6 L/yr - ₹14.8 L/yr

5 job openings
0 - 6 years exp. · Mumbai (11 salaries)
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₹1.8 L/yr - ₹3.8 L/yr

3 - 7 years exp. · Mumbai (9 salaries)
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₹2 L/yr - ₹5 L/yr

2 - 9 years exp. · Mumbai (7 salaries)
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₹5.8 L/yr - ₹6.5 L/yr

10 - 15 years exp. · Mumbai (6 salaries)
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₹18 L/yr - ₹20 L/yr

4 - 11 years exp. · Mumbai (6 salaries)
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₹4.7 L/yr - ₹6 L/yr

3 - 5 years exp. · Mumbai (5 salaries)
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₹1.5 L/yr - ₹3.6 L/yr

5 - 8 years exp. · Mumbai (5 salaries)
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₹12.4 L/yr - ₹20.1 L/yr

2 - 6 years exp. · Mumbai (5 salaries)
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₹2.1 L/yr - ₹4 L/yr

8 - 20 years exp. · Mumbai (5 salaries)
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₹7.8 L/yr - ₹13 L/yr

2 - 5 years exp. · Mumbai (5 salaries)
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₹2.1 L/yr - ₹5.7 L/yr

1 - 15 years exp. · Mumbai (5 salaries)
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₹2.1 L/yr - ₹3 L/yr

5 - 12 years exp. · Mumbai (5 salaries)
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₹2 L/yr - ₹7 L/yr

Last Updated: 21 Mar, 2025

Salary related reviews for IndiaFirst Life Insurance

3.8

Rated by 147 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 18 Feb 2019

5.0
 for  Salary and Benefits

Likes

This company is open to innovation and readly adopts latest technology, I have got lots of certificates and quite good experience and enjoyed moments of outing with coworkers .

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary growth is too slow

Other Department

1.0
  •  posted on 19 Jul 2021

1.0
 for  Salary and Benefits

Likes

...and worst company doesn't even care for there employees just pressure them with there work and give them salary like shit and not even give promotion for hardwork especially there is manager eliane dicosta named she is worst she does not even know how to manage the work i dont know how she became manager she only puts pressure on her team and she gives promotion to her friends and close one

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Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

1.0
  •  posted on 22 Jun 2021

1.0
 for  Salary and Benefits

Likes

Salary on time

Dislikes

In this organisation when the person is perfoming and achiving their targets they do not provide carrier growth or increment at that time and they follow thir old policy the person has to be onroll than only he will get incriment or he has to be atleast 2yrs in the organisation for promotion

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  • Salary - Bad
  • +5 more

Finance & Accounting Department

4.0
  •  posted on 04 Sep 2017

2.0
 for  Salary and Benefits

Likes

Innovations are welcome here. Good company to start your career. Learned MS office and lots of soft skills. Team is professional. I like employee rehire policy. Job security is quiet high compared to other private company. Enjoyed my start here.

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Dislikes

Compensation is decent and slow here. To get onroall also takes some time. Managers don't value any individuals unique strengths. No career growth no professional and personal life balance. Sometimes they call you on vacations as well without any prior notice. As a fresher you can join but don't get settle here. Your values doesn't matter here. Got some horrible experiences as well. Humiliation is quite normal here.

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  • Salary - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Feb 2025

1.0
 for  Salary and Benefits

Likes

Office entry time is 11am

  • Work-life balance - Good

Dislikes

Don't join here at the post of Insurance Advisor. No fixed salary. You will get commission when you sales insurance policy. Your fixed salary will be started when you sale rupees 1.5 lakhs of policy. As a fresher you will struggle to get customers to sale policy as company will not provide leads. So you will not have any other options except convincing your family and relatives.

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  • Salary - Bad
  • +4 more
see more salary related reviews

IndiaFirst Life Insurance Salary FAQs

How much does IndiaFirst Life Insurance pay to its employees?
The average annual salary at IndiaFirst Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at IndiaFirst Life Insurance, are as follows:

Deputy Manager ₹4 Lakhs to ₹10.7 Lakhs per year
Business Development Manager ₹2.8 Lakhs to ₹6 Lakhs per year
Executive Assistant ₹1.6 Lakhs to ₹3.6 Lakhs per year
Phone Manager ₹1.8 Lakhs to ₹3.8 Lakhs per year

The highest-paying role, Vice President, earns between ₹41 Lakhs to ₹88 Lakhs per year. The top 10% of employees earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹44.5 Lakhs per year. Salaries at IndiaFirst Life Insurance 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 salary estimates are based on data from 927 salaries submitted by IndiaFirst Life Insurance employees. IndiaFirst Life Insurance is rated 3.8 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at IndiaFirst Life Insurance in Mumbai?
The salary of a fresher at IndiaFirst Life Insurance in Mumbai typically ranges from ₹2.1 Lakhs to ₹3.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Business Development Manager Salary ₹2.1 Lakhs to ₹4 Lakhs per year
Fresher as a Bdm Executive Salary ₹2.4 Lakhs to ₹3.8 Lakhs per year
Fresher as a Business Development Executive Salary ₹2.4 Lakhs to ₹5.8 Lakhs per year
Fresher as a Phone Banker Salary ₹1.9 Lakhs to ₹2.5 Lakhs per year

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Average annual salary in IndiaFirst Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 927 IndiaFirst Life Insurance latest salaries received from various employees of IndiaFirst Life Insurance.

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