Lumino Industries Insurance Executive Salaries by 4 Employees

6 - 12 years exp.

₹2.9 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

82% more than the average Insurance Executive Salary in Electrical Equipment Companies for 6 - 12 years of experience

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Last Updated: 17 Oct 2024

Companies similar to Lumino Industries for Insurance Executive

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Insurance Executive Salary 1 - 5 years exp. (6 salaries)	₹1.2 L/yr - ₹4.5 L/yr 56% less
TCS Insurance Executive Salary 1 - 6 years exp. (62 salaries)	₹1.9 L/yr - ₹4 L/yr 41% less
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Capita Insurance Executive Salary 1 - 6 years exp. (62 salaries)	₹2 L/yr - ₹4.2 L/yr 31% less
Maruti Suzuki Insurance Executive Salary 1 - 6 years exp. (55 salaries)	₹1 L/yr - ₹3 L/yr 60% less
EXL Service Insurance Executive Salary 0 - 4 years exp. (54 salaries)	₹1.6 L/yr - ₹4.5 L/yr 37% less

Insurance Executive salary at Lumino Industries ranges between ₹2.9 Lakhs to ₹6 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Lumino Industries.

Experience wise Lumino Industries Insurance Executive salaries

Last Updated: 17 Oct 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
12 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

Similar Designation salaries in Lumino Industries

Sales Executive Salary

(3 salaries)

₹2.5 L/yr - ₹3 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Office Assistant Salary

(3 salaries)

₹1.2 L/yr - ₹4 L/yr

Computer Operator Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Data Entry Operator Salary

(3 salaries)

₹0.7 L/yr - ₹1.8 L/yr

Deputy Manager Salary

(11 salaries)

₹4.68 L/yr - ₹8.76 L/yr

Salary related reviews for Lumino Industries

Civil Engineer in Guwahati

Full Time

Construction & Site Engineering Department

1.0

• posted on 27 Jan 2025

3.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Very bad politics at management. Very bad for hard working people who can work on their own responsibilities. Only suckers good here. Suck managers leg and be in good place. no one is knowledgeable in management.

Skill development - Bad

+5 more

Graduate Engineer Trainee And Quality Engieer in Kanpur

Full Time

Quality Assurance Department

3.0

• posted on 21 Jan 2024

2.0

for Salary and Benefits

Likes

1. Accomodation provided 2. Salary on time 3. Allowance on time

Job security - Good

Dislikes

1. Worst management 2. Bad managers 3. Worst HR service 4. Salary band 5. No skill development 6. You cannot take your own balance leave more than 7 days including sun.

Salary - Poor

+4 more

Site Engineer in Kolkata

Full Time

Construction & Site Engineering Department

2.0

• posted on 20 Jul 2024

2.0

for Salary and Benefits

Likes

Bachelor accommodation provided by company is good. Salary within 7th of every month.

Dislikes

Bad culture, Not maintaining quality in work. Upper level managemet not cooperative. Appraisal sytem is not good. Bad politics. Overall worst-ever experience.

Salary - Poor

+6 more

Engineer Grade 1 in Banda

Full Time

Project & Program Management Department

1.0

• posted on 19 Jul 2023

1.0

for Salary and Benefits

Likes

Salary is on time , else nothing good.

Dislikes

HR policies are worst, no one cares about employee's problems , worst leave policy and management is closed group of same community makes you feel you are outsider. No week off , work even on sundays.

Salary - Bad

+6 more

Executive Accountant in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing. Typical Boring Desk Job without growth or future. Extremely Aggressive, Toxic Bosses/Managers/AGMs

Dislikes

.... No friendly atmosphere. Complaining to management about small/petty issues. Cheap negotiations in 10k-15k salary, when the company as net worth of above 1000 cr. Management has nothing to do with employee well-being clear in 14 leaves per year only, no pay for extra hours or days of work, not even biscuits for tea. Management believes in extreme and cheap cost-cutting measures. Management can threaten with LEGAL ACTION to make you do whatever THEY WANT YOU TO DO. If you do not listen to the management, it will HOLD your SALARY, legitimate appointment letters, release letters, etc that you deserve.

Salary - Bad

+6 more

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Lumino Industries Insurance Executive Salary FAQs

What is the salary of Insurance Executive at Lumino Industries ?

The average salary of a Insurance Executive at Lumino Industries in India typically ranges from ₹2.9 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 6 years to 12 years).

The top 10% of Insurance Executive at Lumino Industries earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Insurance Executive Salaries at Lumino Industries 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 Lumino Industries employees in India.

What is the estimated take home salary of a Insurance Executive at Lumino Industries in India?

The estimated take-home salary of a Insurance Executive at Lumino Industries in India typically ranges from ₹34,913 to ₹36,154 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 6 years to 12 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 Lumino Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Insurance Executive in companies similar to Lumino Industries in India?

The salary of a Insurance Executive at companies similar to Lumino Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capita	₹2.0 Lakhs to ₹4.2 Lakhs per year
EXL Service	₹1.6 Lakhs to ₹4.5 Lakhs per year
TCS	₹1.9 Lakhs to ₹4.0 Lakhs per year
Mahindra & Mahindra	₹1.2 Lakhs to ₹4.5 Lakhs per year
Maruti Suzuki	₹1.0 Lakhs to ₹3.0 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 Insurance Executive at Lumino Industries in India?

The salary growth for a Insurance Executive at Lumino Industries depends on factors such as experience, performance, and promotions. On average, a Insurance Executive can expect the following growth trajectory at Lumino Industries:

Experience	Average Salary Range
6 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
7 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
8 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
12 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Lumino Industries Insurance Executive Salaries

Lumino Industries Insurance Executive salary in India ranges between ₹2.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lumino Industries latest salaries received from various employees of Lumino Industries.