Mahindra Insurance Brokers Back Office Executive Salaries by 3 Employees (Updated 2024)

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. (101 salaries)	₹1.3 L/yr - ₹3.7 L/yr 31% less
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HDFC Ergo General Insurance Back Office Executive Salary 0 - 7 years exp. (161 salaries)	₹1.4 L/yr - ₹5 L/yr 14% less
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Tata AIG Back Office Executive Salary 0 - 6 years exp. (151 salaries)	₹1.1 L/yr - ₹3.5 L/yr 36% less
National Insurance Company Back Office Executive Salary 5 - 7 years exp. (4 salaries)	₹1.7 L/yr - ₹2.8 L/yr 42% less
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Paramount Health Services Tpa Back Office Executive Salary 0 - 7 years exp. (53 salaries)	₹1 L/yr - ₹2.8 L/yr 49% less
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Future Generali India Life Insurance Back Office Executive Salary 1 - 7 years exp. (39 salaries)	₹1.1 L/yr - ₹2.6 L/yr 49% less
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Bharti AXA Life Insurance Back Office Executive Salary 0 - 8 years exp. (23 salaries)	₹1.5 L/yr - ₹3.7 L/yr 18% less
Medi Assist India Back Office Executive Salary 0 - 9 years exp. (23 salaries)	₹1.2 L/yr - ₹3.5 L/yr 32% less
Royal Sundaram General Insurance Back Office Executive Salary 1 - 6 years exp. (22 salaries)	₹2 L/yr - ₹4.5 L/yr 23% less
Shriram General Insurance Back Office Executive Salary 2 - 8 years exp. (21 salaries)	₹2 L/yr - ₹3.3 L/yr 30% less
Ageas Federal Life Insurance Back Office Executive Salary 1 - 10 years exp. (15 salaries)	₹1 L/yr - ₹3.3 L/yr 42% 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 - 4 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

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Salary related reviews for Mahindra Insurance Brokers

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4.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

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

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...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.

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• posted on 29 May 2021

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for Salary and Benefits

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... 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

Senior Business Development Executive in Bhubaneswar

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4.0

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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.

Dislikes

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

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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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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.