Lloyds Metals And Energy Insurance Officer Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹4 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

45% more than the average Insurance Officer Salary in Iron & Steel Companies for 1 - 3 years of experience

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Last Updated: 18 Jan 2025

Companies similar to Lloyds Metals And Energy for Insurance Officer

Company name	Avg Annual Salary	Open Jobs
Star Union Dai-ichi Life Insurance Insurance Officer Salary 0 - 7 years exp. (41 salaries)	₹1.8 L/yr - ₹3.3 L/yr 38% less
PNB MetLife Insurance Officer Salary 0 - 5 years exp. (34 salaries)	₹1.5 L/yr - ₹4 L/yr 36% less
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Cholamandalam MS General Insurance Insurance Officer Salary 0 - 9 years exp. (29 salaries)	₹1.1 L/yr - ₹5 L/yr 26% less
IndusInd Bank Insurance Officer Salary 0 - 7 years exp. (27 salaries)	₹1.7 L/yr - ₹3.5 L/yr 41% less
HDFC Bank Insurance Officer Salary 1 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹3.5 L/yr 47% less

Insurance Officer salary at Lloyds Metals And Energy ranges between ₹4 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Lloyds Metals And Energy.

Experience wise Lloyds Metals And Energy Insurance Officer salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Lloyds Metals And Energy

Senior Officer Salary

(5 salaries)

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Deputy Manager Salary

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Operations Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

MIS Executive Salary

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₹3.4 L/yr - ₹4.4 L/yr

Computer Operator Salary

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Senior Associate Salary

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₹47.5 L/yr - ₹52.5 L/yr

Office Assistant Salary

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₹2.4 L/yr - ₹3.1 L/yr

Salary related reviews for Lloyds Metals And Energy

5.0

Rated by 1 employees for salary & benefits

Fire & Safety Officer in Nagpur

Full Time

Other Department

3.0

• posted on 11 Nov 2024

5.0

for Salary and Benefits

Likes

Company is good. Salary and benefits of employees is excellent.

Salary - Excellent

Dislikes

Departmental work culture is very bad. discriminate by department head. Many Marathi officers have been dismissed from department. also Being mentally harassment by department head.

Job security - Bad

+3 more

Taxation Officer in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 28 Jan 2024

4.0

for Salary and Benefits

Likes

Pay check was great . Group co. under one roof becomes easy to communicate & learn. Gr8 office place

Salary - Good

+1 more

Dislikes

Unprofessional workplace at head office. Work life balance was not good for my area of work. My HoD was very orthodox-type & his corporate behaviour was way below mark.

Job security - Poor

+3 more

General Manager Civil in Chandrapur

Full Time

Construction & Site Engineering Department

1.0

• posted on 28 Oct 2023

3.0

for Salary and Benefits

Likes

They will provide you good package as compare to the older employees. For the same grade employees they give difference in salary. If you are known to any one of them then you will get all facilities including great salary also.

Dislikes

Politics every where. No work culture, no holidays, no system for appraisal, pressure from management to work beyond office hours.

Skill development - Bad

+5 more

Project Engineer in Chandrapur

Full Time

Construction & Site Engineering Department

3.0

• posted on 30 May 2023

2.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...policies are very bad. As working in Projects, work life balance is disturbed. Less Salary as compaired to industrial norms.

Salary - Poor

+4 more

Chief Security Officer in Gadchiroli

Full Time

Research & Development Department

2.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

Centralized Control: LMEL operates as a typical "Lala company," with all decisions driven from the top, leaving no autonomy for employees. Language Barrier: Management frequently communicates in their native dialect (Tamil), making it challenging for non-Tamil speakers to stay informed or included. Poor Work Culture: Work hours are excessive, with employees expected to work on Sundays. The culture prioritizes hours over efficiency or employee well-being. Lack of Transparency: Open communication is not encouraged, and critical policies and procedures are entirely missing. Ethical Concerns: The company is reportedly involved in unethical practices, including tax evasion, land grabbing, and deforestation. Environmental violations are particularly concerning. Minimal Employee Benefits: The only benefits provided are subsidized meals and first aid at the company location. There is no medical or life insurance coverage for employees or their families. Unsuitable for Progressive Professionals: This workplace is ideal only for those willing to comply without questioning or challenging the status quo.

Dislikes

Verylittliy to like the work culture - family run business

Salary - Poor

+6 more

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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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Lloyds Metals And Energy Insurance Officer Salary FAQs

What is the salary of Insurance Officer at Lloyds Metals And Energy ?

The average salary of a Insurance Officer at Lloyds Metals And Energy in India typically ranges from ₹4.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Insurance Officer at Lloyds Metals And Energy earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Insurance Officer Salaries at Lloyds Metals And Energy 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 Lloyds Metals And Energy employees in India.

What is the estimated take home salary of a Insurance Officer at Lloyds Metals And Energy in India?

The estimated take-home salary of a Insurance Officer at Lloyds Metals And Energy in India typically ranges from ₹29,933 to ₹31,248 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year to 3 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 Lloyds Metals And Energy. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Insurance Officer in companies similar to Lloyds Metals And Energy in India?

The salary of a Insurance Officer at companies similar to Lloyds Metals And Energy in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cholamandalam MS General Insurance	₹1.1 Lakhs to ₹5.0 Lakhs per year
PNB MetLife	₹1.5 Lakhs to ₹4.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹1.8 Lakhs to ₹3.3 Lakhs per year
IndusInd Bank	₹1.7 Lakhs to ₹3.5 Lakhs per year
HDFC Bank	₹1.5 Lakhs to ₹3.5 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 Lloyds Metals And Energy in India?

The salary growth for a Insurance Officer at Lloyds Metals And Energy depends on factors such as experience, performance, and promotions. On average, a Insurance Officer can expect the following growth trajectory at Lloyds Metals And Energy:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Lloyds Metals And Energy Insurance Officer Salaries

Lloyds Metals And Energy Insurance Officer salary in India ranges between ₹4 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lloyds Metals And Energy latest salaries received from various employees of Lloyds Metals And Energy.