Mahindra Insurance Brokers HR Executive Salaries by 3 Employees

1 - 8 years exp.

₹2 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% less than the average HR Executive Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading HR Executive Salary 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
Engineering - Software & QA HR Executive Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Human Resources HR Executive Salary 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 13 Mar 2023

Companies similar to Mahindra Insurance Brokers for HR Executive

Company name	Avg Annual Salary	Open Jobs
Bharti AXA Life Insurance HR Executive Salary 0 - 6 years exp. (43 salaries)	₹1.6 L/yr - ₹4.8 L/yr 10% more
Future Generali India Life Insurance HR Executive Salary 0 - 5 years exp. (24 salaries)	₹2.8 L/yr - ₹4.5 L/yr 36% more
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Paramount Health Services Tpa HR Executive Salary 0 - 2 years exp. (23 salaries)	₹1.5 L/yr - ₹4 L/yr 5% more
Edelweiss Life Insurance HR Executive Salary 0 - 5 years exp. (23 salaries)	₹2.5 L/yr - ₹3.5 L/yr 14% more
Pramerica Life Insurance HR Executive Salary 2 - 5 years exp. (16 salaries)	₹2.3 L/yr - ₹5.1 L/yr 25% more
Ageas Federal Life Insurance HR Executive Salary 1 - 6 years exp. (15 salaries)	₹1.8 L/yr - ₹4.5 L/yr 12% more	1 job opening
Shriram General Insurance HR Executive Salary 1 - 4 years exp. (13 salaries)	₹2.4 L/yr - ₹3.3 L/yr 1% more
Cholamandalam MS General Insurance HR Executive Salary 1 - 6 years exp. (10 salaries)	₹2 L/yr - ₹4.5 L/yr 26% more
Allianz Partners HR Executive Salary 1 - 5 years exp. (9 salaries)	₹3 L/yr - ₹3.8 L/yr 23% more
Aditya Birla Health Insurance Co HR Executive Salary 1 - 4 years exp. (9 salaries)	₹2.4 L/yr - ₹4 L/yr 39% more
Family Health Plan HR Executive Salary 0 - 4 years exp. (8 salaries)	₹1.1 L/yr - ₹3.5 L/yr 29% less
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Medi Assist India HR Executive Salary 1 - 4 years exp. (7 salaries)	₹2 L/yr - ₹3.2 L/yr 7% less
Magma HDI General Insurance HR Executive Salary 1 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹3.2 L/yr 3% more
Royal Sundaram General Insurance HR Executive Salary 2 - 4 years exp. (6 salaries)	₹2.4 L/yr - ₹6.6 L/yr 90% more
Allianz Services HR Executive Salary 0 - 4 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr 69% more
ManipalCigna Health Insurance HR Executive Salary 1 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.3 L/yr 13% more
Aviva Life Insurance India HR Executive Salary 9 - 12 years exp. (4 salaries)	₹3.4 L/yr - ₹4.9 L/yr 45% more
Swiss Re HR Executive Salary 1 - 8 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr 72% more
CignaTTk Health Insurance HR Executive Salary 0 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹2.8 L/yr 14% less
Bajaj Capital Insurance HR Executive Salary 0 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹3.6 L/yr 15% more

View all

HR Executive salary at Mahindra Insurance Brokers ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers HR Executive salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Head Talent Acquisition Salary

(4 salaries)

₹25 L/yr - ₹27 L/yr

Administration Officer Salary

(4 salaries)

₹2.6 L/yr - ₹3.13 L/yr

HR Manager Salary

(4 salaries)

₹6 L/yr - ₹26 L/yr

Senior Manager Learning Development Salary

(3 salaries)

₹24 L/yr - ₹27 L/yr

Administration Assistant Salary

(3 salaries)

₹3.4 L/yr - ₹4.5 L/yr

Administration Manager Salary

(3 salaries)

₹3 L/yr - ₹8 L/yr

Deputy Manager HR Salary

(3 salaries)

₹8 L/yr - ₹11.5 L/yr

Manager Administration & Facilities Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Deputy Manager Administration Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Payroll Manager Salary

(AmbitionBox Estimate)

₹10.7 L/yr - ₹13.7 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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Insurance Brokers HR Executive Salary FAQs

How the salary growth look like for a HR Executive at Mahindra Insurance Brokers in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
8 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Mahindra Insurance Brokers HR Executive Salaries

Mahindra Insurance Brokers HR Executive salary in India ranges between ₹2 Lakhs to ₹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.

Mahindra Insurance Brokers HR Executive salaries in India

Companies similar to Mahindra Insurance Brokers for HR Executive

Latest annual salaries shared by Mahindra Insurance Brokers HR Executive

Experience wise Mahindra Insurance Brokers HR Executive salaries

Similar Designation salaries in Mahindra Insurance Brokers

Salary related reviews for Mahindra Insurance Brokers

Area Manager in Hyderabad / Secunderabad

Senior Application Support Engineer in Mumbai

Deputy Area Manager in Hazaribag

Senior Territory Manager in Coimbatore

Senior Business Development Executive in Bhubaneswar

Mahindra Insurance Brokers HR Executive Salary FAQs

Tell us how to improve this page.