Mahindra Insurance Brokers Insurance Adviser Salaries by 2 Employees

1 - 2 years exp.

₹1.9 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

Fixed (73%)

₹1.6 Lakh

Variable (27%)

₹0.6 Lakh

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Last Updated: 10 Oct 2024

Companies similar to Mahindra Insurance Brokers for Insurance Adviser

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HDFC Ergo General Insurance Insurance Adviser Salary 0 - 10 years exp. (36 salaries)	₹1.5 L/yr - ₹5.8 L/yr 70% more
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Bharti AXA Life Insurance Insurance Adviser Salary 0 - 3 years exp. (15 salaries)	₹0.7 L/yr - ₹2.5 L/yr 21% less
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Pramerica Life Insurance Insurance Adviser Salary 0 - 3 years exp. (7 salaries)	₹1.6 L/yr - ₹2.9 L/yr 5% less
Bajaj Capital Insurance Insurance Adviser Salary 1 - 4 years exp. (6 salaries)	₹1.7 L/yr - ₹3.6 L/yr 11% more
Royal Sundaram General Insurance Insurance Adviser Salary 2 - 9 years exp. (5 salaries)	₹2.2 L/yr - ₹6.1 L/yr 104% more
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ManipalCigna Health Insurance Insurance Adviser Salary 0 - 3 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 34% more
Aviva Life Insurance India Insurance Adviser Salary 1 - 5 years exp. (4 salaries)	₹3.1 L/yr - ₹5 L/yr 57% more
IndiaFirst Life Insurance Insurance Adviser Salary 1 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 16% more
Cholamandalam MS General Insurance Insurance Adviser Salary 0 - 3 years exp. (4 salaries)	₹1.9 L/yr - ₹3.3 L/yr 23% more
Aditya Birla Health Insurance Co Insurance Adviser Salary 2 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 37% more

View all

Insurance Adviser salary at Mahindra Insurance Brokers ranges between ₹1.9 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Insurance Brokers.

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

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4.0

• posted on 28 Jul 2023

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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

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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

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Senior Business Development Executive in Bhubaneswar

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• posted on 12 May 2018

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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.

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

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Mahindra Insurance Brokers Insurance Adviser Salary FAQs

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

The salary growth for a Insurance Adviser at Mahindra Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Insurance Adviser 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
2 years	₹2.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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Mahindra Insurance Brokers Insurance Adviser Salaries

Mahindra Insurance Brokers Insurance Adviser salary in India ranges between ₹1.9 Lakh to ₹2.4 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Insurance Brokers.