M&G PLC Mumbai Insurance Associate Salaries by 9 Employees (Updated 2025)

4 - 9 years exp.

₹3.8 Lakhs - ₹6 Lakhs

Salary of majority employees

56% more than the average Insurance Associate Salary for 4 - 9 years of experience

Interested in this particular role?

Last Updated: 25 Dec 2024

Companies similar to M&G PLC for Insurance Associate in Mumbai

M&G PLC Insurance Associate Salary

4 - 9 years exp. (9 salaries)

₹3.8 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Insurance Associate Salary 0 - 5 years exp. (8 salaries)	₹2.4 L/yr - ₹3.5 L/yr 47% less
Accenture Insurance Associate Salary 0 - 5 years exp. (18 salaries)	₹2 L/yr - ₹4.2 L/yr 38% less
Login to view exact salary
Wipro Insurance Associate Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 59% less
M&G Global Services Insurance Associate Salary 1 - 9 years exp. (38 salaries)	₹3 L/yr - ₹6 L/yr 8% less
10FA India Insurance Associate Salary 1 - 9 years exp. (14 salaries)	₹3 L/yr - ₹5.2 L/yr 17% less

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 9 latest salaries received from various employees of M&G PLC.

Experience wise M&G PLC Insurance Associate salaries in Mumbai

Last Updated: 25 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹8.5 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.1 L/yr

View all

Similar Designation salaries in M&G PLC

Deputy Manager Salary

(6 salaries)

₹20 L/yr - ₹28 L/yr

Analyst Salary

(6 salaries)

₹6.6 L/yr - ₹13 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

Analysis in Mumbai

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.

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.

Job security - Bad

+3 more

Insurance Associate in Mumbai

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.

Salary - Poor

+6 more

Process Leader Quality Auditor in Mumbai

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

Job security - Excellent

+1 more

Dislikes

Skill development - Poor
Work satisfaction - Poor

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about M&G PLC?

Ask anonymously on communities.

M&G PLC Insurance Associate Salary FAQs

What is the salary of Insurance Associate at M&G PLC Mumbai?

Insurance Associate salary at M&G PLC in Mumbai ranges between ₹3.8 Lakhs to ₹6.0 Lakhs for experience between 4 years to 9 years. According to our estimates it is 56% more than the average Insurance Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of M&G PLC Mumbai.

How does the salary of a Insurance Associate at M&G PLC Mumbai compare with the average salary range for this job?

The average salary of a Insurance Associate at M&G PLC is 56% more than the average salary of a Insurance Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Insurance Associate at M&G PLC?

Information Technology, Business Transformation, Auditing, Actuarial and Customer Service are some of the popular skills required to work as a Insurance Associate at M&G PLC Mumbai.

What is the salary of a Insurance Associate in companies similar to M&G PLC in Mumbai?

M&G Global Services Insurance Associate Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
10FA India Insurance Associate Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
Accenture Insurance Associate Salary - ₹2.0 Lakhs to ₹4.2 Lakhs per year
TCS Insurance Associate Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
Wipro Insurance Associate Salary - ₹2.0 Lakhs to ₹2.4 Lakhs per year

What is the estimated take home salary of a Insurance Associate at M&G PLC in Mumbai?

The estimated take-home salary of a Insurance Associate at M&G PLC ranges between ₹38,077 per month to ₹39,271 per month in Mumbai. The take-home salary calculation is based on the average M&G PLC Insurance Associate salary in India which ranges between ₹3.8 Lakhs to ₹6.0 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Insurance Associate at M&G PLC in Mumbai?

According to AmbitionBox, 100% of the M&G PLC Insurance Associates in Mumbai reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
M&G PLC Salaries >
M&G PLC Insurance Associate Salaries >
M&G PLC Insurance Associate Salaries in Mumbai

M&G PLC Insurance Associate salary in Mumbai ranges between ₹3.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 M&G PLC latest salaries received from various employees of M&G PLC.