Mahindra & Mahindra Insurance Executive Salaries by 7 Employees (Updated 2025)

1 - 4 years exp.

₹1.2 Lakh - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Insurance Executive Salary in Automobile Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting Insurance Executive Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr
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Sales & Business Development Insurance Executive Salary 4 years exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.2 L/yr

Last Updated: 3 Sep 2024

Companies similar to Mahindra & Mahindra for Insurance Executive

Company name	Avg Annual Salary	Open Jobs
Tata Motors Insurance Executive Salary 1 - 5 years exp. (20 salaries)	₹1 L/yr - ₹2.6 L/yr 16% less
Maruti Suzuki Insurance Executive Salary 0 - 6 years exp. (55 salaries)	₹1 L/yr - ₹3 L/yr 17% less
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Hero MotoCorp Insurance Executive Salary 4 - 5 years exp. (4 salaries)	₹1 L/yr - ₹2 L/yr 18% less
TVS Motor Insurance Executive Salary 0 - 3 years exp. (5 salaries)	₹1.2 L/yr - ₹2.2 L/yr 25% less
Hyundai Motor India Limited Insurance Executive Salary 1 - 6 years exp. (13 salaries)	₹1.3 L/yr - ₹3.1 L/yr 3% more
Royal Enfield Insurance Executive Salary 0 - 4 years exp. (6 salaries)	₹1.2 L/yr - ₹1.8 L/yr 23% less
Harsha Toyota Insurance Executive Salary 1 - 5 years exp. (5 salaries)	₹1.3 L/yr - ₹2.4 L/yr 18% less
Honda Insurance Executive Salary 3 - 7 years exp. (5 salaries)	₹1.6 L/yr - ₹2.4 L/yr 22% less
General Motors Insurance Executive Salary 1 - 6 years exp. (4 salaries)	₹1.5 L/yr - ₹3.1 L/yr 3% less
Ford Motor Insurance Executive Salary 1 - 9 years exp. (4 salaries)	₹1.5 L/yr - ₹3.6 L/yr 21% less
Toyota Insurance Executive Salary 2 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 27% more
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Insurance Executive salary at Mahindra & Mahindra ranges between ₹1.2 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Insurance Executive salaries

Last Updated: 3 Sep 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.2 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹4.5 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.9 L/yr

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Salary related reviews for Mahindra & Mahindra

4.4

Rated by 4 employees for salary & benefits

Senior Associate in Lucknow

Full Time

Finance & Accounting Department

3.0

• posted on 18 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture Some say that the work culture is good and that the company is people friendly.

Dislikes

Salary: Some say that the salary is low compared to the job description Growth: Some say that there is slow growth for existing employees Work-life balance: Some say that the work-life balance is unstable Management: Some say that there is too much hierarchical management

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Deputy Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Oct 2018

3.0

for Salary and Benefits

Likes

Work Life Balance is good. Management keeps an eye on your learning needs. You are free to do innovation on your work area.

Dislikes

Salary structure is very poor. Growth is very less compared to other automobile manufacturers.

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What people are saying about Mahindra & Mahindra

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a program manager

😕 confused

I have fews unanswered questions Project manger 7yrs exp chennai 1) Can I apply for post with 8 yr exp which matches My skills 2) Does my application directly gets rejected if I quoted higher expected salary than their budgets 3) I'm in applying for jobs via companies careers page. Does that work or hiring are via referrals mostly

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Mahindra & Mahindra Insurance Executive Salary FAQs

What is the salary of Insurance Executive at Mahindra & Mahindra?

Insurance Executive salary at Mahindra & Mahindra in India ranges between ₹1.2 Lakhs to ₹4.5 Lakhs for experience between 1 years to 4 years. According to our estimates it is 15% less than the average Insurance Executive Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Mahindra & Mahindra India.

How does the salary of a Insurance Executive at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Insurance Executive at Mahindra & Mahindra is 15% less than the average salary of a Insurance Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Insurance Executive in India?

Toyota Insurance Executive Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
Hyundai Motor India Limited Insurance Executive Salary - ₹1.3 Lakhs to ₹3.1 Lakhs per year

What is the salary of a Insurance Executive in companies similar to Mahindra & Mahindra in India?

General Motors Insurance Executive Salary - ₹1.5 Lakhs to ₹3.1 Lakhs per year
Tata Motors Insurance Executive Salary - ₹1.0 Lakhs to ₹2.6 Lakhs per year
Maruti Suzuki Insurance Executive Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year
Hero MotoCorp Insurance Executive Salary - ₹1.0 Lakhs to ₹2.0 Lakhs per year
Harsha Toyota Insurance Executive Salary - ₹1.3 Lakhs to ₹2.4 Lakhs per year

What is the estimated take home salary of a Insurance Executive at Mahindra & Mahindra in India?

The estimated take-home salary of a Insurance Executive at Mahindra & Mahindra ranges between ₹15,078 per month to ₹16,652 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Insurance Executive salary in India which ranges between ₹1.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Insurance Executive at Mahindra & Mahindra?

According to AmbitionBox, 50% of the Mahindra & Mahindra Insurance Executives reported a notice period of 15 days or less, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Insurance Executive Salaries

Mahindra & Mahindra Insurance Executive salary in India ranges between ₹1.2 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.

Mahindra & Mahindra Insurance Executive salaries in India

Companies similar to Mahindra & Mahindra for Insurance Executive

Latest annual salaries shared by Mahindra & Mahindra Insurance Executive

Experience wise Mahindra & Mahindra Insurance Executive salaries

Similar Designation salaries in Mahindra & Mahindra

Salary related reviews for Mahindra & Mahindra

Senior Associate in Lucknow

Deputy Manager in Bangalore / Bengaluru

Deputy Manager in Mumbai

Deputy Manager in Pune

Deputy Manager in Pune

Mahindra & Mahindra Insurance Executive Salary FAQs

Tell us how to improve this page.