Mahindra Insurance Brokers Back Office Executive Salaries by 3 Employees (Updated 2025)

0 - 9 years exp.

₹1.5 Lakh - ₹6.4 Lakhs

Low Confidence

Salary of majority employees

47% more than the average Back Office Executive Salary in Insurance Companies for 0 - 9 years of experience

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Last Updated: 19 Aug 2024

Companies similar to Mahindra Insurance Brokers for Back Office Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Back Office Executive Salary 0 - 6 years exp. (100 salaries)	₹1.5 L/yr - ₹3.7 L/yr 32% less	1 job opening
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HDFC Ergo General Insurance Back Office Executive Salary 0 - 7 years exp. (156 salaries)	₹1.4 L/yr - ₹4.5 L/yr 18% less
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Medi Assist India Back Office Executive Salary 0 - 9 years exp. (23 salaries)	₹1.2 L/yr - ₹3.5 L/yr 30% less
Royal Sundaram General Insurance Back Office Executive Salary 1 - 6 years exp. (22 salaries)	₹2 L/yr - ₹4.5 L/yr 24% less
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Ageas Federal Life Insurance Back Office Executive Salary 1 - 10 years exp. (15 salaries)	₹1.5 L/yr - ₹3.3 L/yr 29% less
Aditya Birla Health Insurance Co Back Office Executive Salary 2 - 5 years exp. (9 salaries)	₹2 L/yr - ₹3.5 L/yr 21% less
IndiaFirst Life Insurance Back Office Executive Salary 1 - 15 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 14% less
Pramerica Life Insurance Back Office Executive Salary 4 - 6 years exp. (5 salaries)	₹3 L/yr - ₹3.6 L/yr 10% less
Digit Insurance Back Office Executive Salary 0 - 3 years exp. (5 salaries)	₹1.9 L/yr - ₹3.4 L/yr 31% less

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Back Office Executive salary at Mahindra Insurance Brokers ranges between ₹1.5 Lakh to ₹6.4 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Back Office Executive salaries

Last Updated: 19 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

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₹3.2 L/yr - ₹4 L/yr

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(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

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₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for Mahindra Insurance Brokers

Area Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 15 Jan 2025

2.0

for Salary and Benefits

Likes

Mid level managers are not supported to grow ground team in terms appraisal promotions to management,work balance also not manageable.

Dislikes

Salary hike not up to the mark if achieve annual target 100% and more than ,variables policy announced very late after completing 100%

Salary - Poor

+2 more

Senior Application Support Engineer in Mumbai

Full Time

IT & Information Security Department

4.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

Likes

Activity going on weekend (every Friday) Supporting people and management. Good environment to work Birthday celebration all together with team.

Salary - Good

+4 more

Dislikes

...mething new or promotion is not good in our field As per my personal experience. Salary hike appraisal delayed this year. Work load is not managed properly.

Deputy Area Manager in Hazaribag

Full Time

Sales & Business Development Department

5.0

• posted on 25 Jun 2022

5.0

for Salary and Benefits

Likes

...ve teammates are supportive. Management is transparent ,company policy are good.job security, appraisal are fair and they give good salary hike.

Salary - Excellent

+6 more

Dislikes

Verticalisation ,politics salary is good but career growth is slow,

Senior Territory Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 29 May 2021

1.0

for Salary and Benefits

Likes

... Assist, Wedding Bonus, New born baby gift, Medical assist, Birthday gift etc. Main Part - Salary slab was very worst and no increment, Executives stay 5 + year experience but salary at end they only out for 230000PA and starts with 180000 PA which is terrible and all work for salary that is not get what we work. Incentive was not given proper time as per time line eg: Quarterly plan, they provide incentive after 6months of that quarter and they not provide calculation for that incentive what we received

Salary - Bad

+6 more

Senior Business Development Executive in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 12 May 2018

3.0

for Salary and Benefits

Likes

There is a friendly atmosphere to work here,we have maintain a good work life balance here and the most important thing is we have more job security here.

Skill development - Good

+4 more

Dislikes

Here the salary and remuneration is not good as compared of other industry.

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Mahindra Insurance Brokers Back Office Executive Salary FAQs

What is the notice period for Back Office Executive at Mahindra Insurance Brokers?

According to AmbitionBox, 100% of the Mahindra Insurance Brokers Back Office Executives reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Back Office Executive Salaries

Mahindra Insurance Brokers Back Office Executive salary in India ranges between ₹1.5 Lakh to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.