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

55% 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 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. (7 salaries)	₹2.4 L/yr - ₹3.5 L/yr 47% less
Accenture Insurance Associate Salary 0 - 5 years exp. (19 salaries)	₹2 L/yr - ₹4.2 L/yr 39% less
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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. (41 salaries)	₹3 L/yr - ₹6.3 L/yr 5% 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
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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

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Similar Designation salaries in M&G PLC

Deputy Manager Salary

(6 salaries)

₹20 L/yr - ₹28 L/yr

Analyst Salary

(5 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

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 55% 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 55% 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 ₹6.3 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.

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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.