Mahindra Insurance Brokers Mumbai Customer Service Executive Salaries by 3 Employees

1 - 5 years exp.

₹2 Lakhs - ₹2.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% less than the average Customer Service Executive Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Customer Service Executive Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.2 L/yr
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Marketing & Communication Customer Service Executive Salary 5 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 9 Mar 2023

Companies similar to Mahindra Insurance Brokers for Customer Service Executive in Mumbai

Mahindra Insurance Brokers Customer Service Executive Salary

1 - 5 years exp. (3 salaries)

₹2 L/yr - ₹2.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Medi Assist India Customer Service Executive Salary 1 - 6 years exp. (19 salaries)	₹2 L/yr - ₹3.5 L/yr 35% more
Cholamandalam MS General Insurance Customer Service Executive Salary 0 - 6 years exp. (18 salaries)	₹1.2 L/yr - ₹3 L/yr 10% less
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Paramount Health Services Tpa Customer Service Executive Salary 0 - 8 years exp. (13 salaries)	₹1.6 L/yr - ₹3 L/yr 9% more
IndiaFirst Life Insurance Customer Service Executive Salary 0 - 6 years exp. (11 salaries)	₹1.8 L/yr - ₹3.8 L/yr 40% more
Aditya Birla Health Insurance Co Customer Service Executive Salary 0 - 2 years exp. (9 salaries)	₹1.7 L/yr - ₹3 L/yr 1% less
Bharti AXA Life Insurance Customer Service Executive Salary 1 - 4 years exp. (6 salaries)	₹2 L/yr - ₹4.2 L/yr 38% more
Future Generali India Life Insurance Customer Service Executive Salary 1 - 8 years exp. (6 salaries)	₹1.8 L/yr - ₹4 L/yr 43% more
Liberty General Insurance Customer Service Executive Salary 1 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹3 L/yr 34% more
Ageas Federal Life Insurance Customer Service Executive Salary 1 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹2.9 L/yr 13% more
Edelweiss Life Insurance Customer Service Executive Salary 3 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.2 L/yr 31% more
Universal Sompo General Insurance Customer Service Executive Salary 2 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4.2 L/yr 57% more
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Magma HDI General Insurance Customer Service Executive Salary 4 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹4.6 L/yr 84% more
ManipalCigna Health Insurance Customer Service Executive Salary 1 - 16 years exp. (3 salaries)	₹1.5 L/yr - ₹6.1 L/yr 112% more

Customer Service Executive salary at Mahindra Insurance Brokers ranges between ₹2 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Customer Service Executive salaries in Mumbai

Last Updated: 9 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Customer Care Executive Salary

(5 salaries)

₹1.5 L/yr - ₹2.2 L/yr

Sales Executive Salary

(3 salaries)

₹1.8 L/yr - ₹4.2 L/yr

Salary related reviews for Mahindra Insurance Brokers

3.0

Rated by 1 employees for salary & benefits

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

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra Insurance Brokers Customer Service Executive Salary FAQs

How the salary growth look like for a Customer Service Executive at Mahindra Insurance Brokers in Mumbai?

The salary growth for a Customer Service Executive at Mahindra Insurance Brokers in Mumbai depends on factors such as experience, performance, and promotions. On average, a Customer Service Executive in Mumbai can expect the following growth trajectory at Mahindra Insurance Brokers:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.2 Lakhs per year
5 years	₹2.1 Lakhs to ₹2.6 Lakhs per year

and so on.

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Mahindra Insurance Brokers Customer Service Executive Salaries in Mumbai

Mahindra Insurance Brokers Customer Service Executive salary in Mumbai ranges between ₹2 Lakhs to ₹2.3 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.