M&G PLC Mumbai Insurance Associate Salaries by 8 Employees (Updated 2024)

1 - 9 years exp.

₹3.3 Lakhs - ₹6 Lakhs

Salary of majority employees

41% more than the average Insurance Associate Salary for 1 - 9 years of experience

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Last Updated: 1 Nov 2024

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

M&G PLC Insurance Associate Salary

1 - 9 years exp. (8 salaries)

₹3.3 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Insurance Associate Salary 0 - 9 years exp. (12 salaries)	₹2.4 L/yr - ₹4 L/yr 35% less
Accenture Insurance Associate Salary 0 - 5 years exp. (16 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 56% less
M&G Global Services Insurance Associate Salary 1 - 9 years exp. (41 salaries)	₹3 L/yr - ₹6.5 L/yr 5% less
10FA India Insurance Associate Salary 1 - 7 years exp. (14 salaries)	₹3 L/yr - ₹6 L/yr 8% less

Insurance Associate salary at M&G PLC ranges between ₹3.3 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 8 latest salaries received from various employees of M&G PLC.

Experience wise M&G PLC Insurance Associate salaries in Mumbai

Last Updated: 1 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.5 L/yr
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹8.6 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.7 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

(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.

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.

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.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 ₹3.3 Lakhs to ₹6.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 41% more than the average Insurance Associate Salary in India. Salary estimates are based on 8 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 41% 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 ₹6.5 Lakhs per year
10FA India Insurance Associate Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
TCS Insurance Associate Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
Accenture Insurance Associate Salary - ₹2.0 Lakhs to ₹4.2 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 ₹35,793 per month to ₹37,021 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 ₹3.3 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 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 ₹3.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 M&G PLC latest salaries received from various employees of M&G PLC.