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M&G PLC Insurance Associate salaries in India

Annual salary range
4 - 9 years exp.
₹3.8 Lakhs - ₹6 Lakhs
Salary of majority employees
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52% more than the average Insurance Associate Salary for 4 - 9 years of experience

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Last Updated: 25 Dec 2024

Companies similar to M&G PLC for Insurance Associate

Company name Avg Annual Salary Open Jobs
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HDFC Life Insurance Associate Salary

0 - 4 years exp. (4 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 56% less
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₹2.5 L/yr - ₹4.1 L/yr

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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 33% less
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TCS Insurance Associate Salary

0 - 6 years exp. (100 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 48% less
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Accenture Insurance Associate Salary

0 - 6 years exp. (62 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 37% less
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Genpact Insurance Associate Salary

1 - 5 years exp. (27 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 44% less
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HCLTech Insurance Associate Salary

1 - 5 years exp. (19 salaries)

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₹2.6 L/yr - ₹4 L/yr

arrow icon 38% less
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Cognizant Insurance Associate Salary

1 - 5 years exp. (7 salaries)

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₹1.1 L/yr - ₹3.6 L/yr

arrow icon 44% less
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DXC Technology Insurance Associate Salary

0 - 3 years exp. (6 salaries)

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₹2.4 L/yr - ₹2.7 L/yr

arrow icon 50% less
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Wipro Insurance Associate Salary

1 - 3 years exp. (6 salaries)

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₹2 L/yr - ₹2.4 L/yr

arrow icon 59% less
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₹2 L/yr - ₹2.8 L/yr

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Insurance Associate salary at M&G PLC ranges between ₹3.8 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 11 latest salaries received from various employees of M&G PLC.

Latest annual salaries shared by M&G PLC Insurance Associate

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Experience wise M&G PLC Insurance Associate salaries

Last Updated: 25 Dec 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹8.2 L/yr
5 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹8.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹6 L/yr
8 years  (4 salaries)

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₹4.8 L/yr - ₹6 L/yr
View all

Similar Designation salaries in M&G PLC

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₹4.9 L/yr - ₹8.8 L/yr
Customer Service Associate Salary
(AmbitionBox Estimate)
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₹29.7 L/yr - ₹37.9 L/yr
Analyst Salary
(9 salaries)
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₹6.6 L/yr - ₹15.52 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Deputy Manager Salary
(8 salaries)
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₹19 L/yr - ₹28 L/yr

Top skills at M&G PLC for Insurance Associate

Information Technology Business Transformation Auditing Actuarial Customer Service Management Consulting Monitoring Process Improvement Service Level Presales

Salary related reviews for M&G PLC

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 23 Mar 2023

3.0
 for  Salary and Benefits

Likes

They give good salary hike at a time of joining. Also work from home. Salary on time.

read more
  • Work-life balance - Excellent

Dislikes

They don't have work flow continues. Then you should be work with other department. Less job security. If you have family / Home loan, then you should be strictly avoid this organization. You need to speek multiple stakeholders for get you own work, otherwise you will lose job. Also I got noticed, because I don't have work now.

read more
  • Job security - Bad
  • +3 more

Customer Success, Service & Operations Department

1.0
  •  posted on 02 Oct 2022

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Horrible experience. Managers are bias .especially harjot singh .if you are under him life will turn hell .No worklife and personal life balance. Employees are forced to work on festivals. Leaves are sanctioned only for tenured employees.

read more
  • Salary - Poor
  • +6 more

Customer Success, Service & Operations Department

3.0
  •  posted on 20 Apr 2022

3.0
 for  Salary and Benefits

Likes

Job security is there but... There is complete mismanagement, they are taking work but they do know how to manage and get the work done as there is no proper planning and work is not equally distributed

read more
  • Job security - Excellent
  • +1 more

Dislikes

  • Skill development - Poor
  • Work satisfaction - Poor
  • +2 more
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M&G PLC Insurance Associate Salary FAQs

What is the salary of Insurance Associate at M&G PLC ?
The average salary of a Insurance Associate at M&G PLC in India typically ranges from ₹3.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Insurance Associate at M&G PLC earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Insurance Associate Salaries at M&G PLC 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 10+ M&G PLC employees in India.
What is the estimated take home salary of a Insurance Associate at M&G PLC in India?
The estimated take-home salary of a Insurance Associate at M&G PLC in India typically ranges from ₹38,419 to ₹39,608 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 10+ salaries received from various employees of M&G PLC. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Insurance Associate at M&G PLC ?
To be a Insurance Associate at M&G PLC in india, the key skills required include:

  • - Information Technology
  • - Business Transformation
  • - Auditing
  • - Actuarial
  • - Customer Service

These skills are highly valued at M&G PLC and are crucial for successful performance in a Software Engineering role.
What is the salary of a Insurance Associate in companies similar to M&G PLC in India?
The salary of a Insurance Associate at companies similar to M&G PLC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹1.8 Lakhs to ₹5.3 Lakhs per year
ICICI Prudential Life Insurance ₹2.5 Lakhs to ₹4.1 Lakhs per year
Accenture ₹2.0 Lakhs to ₹4.8 Lakhs per year
HCLTech ₹2.6 Lakhs to ₹4.0 Lakhs per year
Genpact ₹1.5 Lakhs to ₹4.0 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 Associate at M&G PLC in India?
The salary growth for a Insurance Associate at M&G PLC depends on factors such as experience, performance, and promotions. On average, a Insurance Associate can expect the following growth trajectory at M&G PLC:

Experience Average Salary Range
4 years ₹3.9 Lakhs to ₹8.2 Lakhs per year
5 years ₹3.8 Lakhs to ₹8.6 Lakhs per year
6 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
7 years ₹2.1 Lakhs to ₹6.0 Lakhs per year
and so on.

Tell us how to improve this page.

M&G PLC Insurance Associate salary in India ranges between ₹3.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 M&G PLC latest salaries received from various employees of M&G PLC.