Mahindra Insurance Brokers Insurance Broker Salaries by 4 Employees (Updated 2024)

3 - 5 years exp.

₹1.7 Lakh - ₹3 Lakhs

Salary of majority employees

19% less than the average Insurance Broker Salary in Insurance Companies for 3 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication Insurance Broker Salary 3 - 4 years exp. (3 salaries)	₹1.7 L/yr - ₹3 L/yr
Login to view exact salary
Sales & Business Development Insurance Broker Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Mahindra Insurance Brokers for Insurance Broker

Company name	Avg Annual Salary	Open Jobs
Marsh McLennan Insurance Broker Salary 3 - 7 years exp. (5 salaries)	₹3 L/yr - ₹3.6 L/yr 37% more
Login to view exact salary
PolicyBazaar Insurance Broker Salary 1 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹4.8 L/yr 75% more

Insurance Broker salary at Mahindra Insurance Brokers ranges between ₹1.7 Lakh to ₹3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Insurance Broker salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(38 salaries)

₹3.3 L/yr - ₹10 L/yr

Sales Manager Salary

(6 salaries)

₹3.15 L/yr - ₹5 L/yr

Sales Executive Salary

(6 salaries)

₹1.35 L/yr - ₹4.2 L/yr

Team Lead Salary

(4 salaries)

₹8.5 L/yr - ₹11.4 L/yr

Area Sales Manager Salary

(5 salaries)

₹3 L/yr - ₹10 L/yr

Territory Manager Salary

(35 salaries)

₹2.35 L/yr - ₹8.84 L/yr

Sales Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Relationship Officer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Top skills at Mahindra Insurance Brokers for Insurance Broker

broking Sales Lead Generation

Salary related reviews for Mahindra Insurance Brokers

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.

Dislikes

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

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.

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.

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

Customer Support Executive in Thane

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 13 Jun 2024

5.0

for Salary and Benefits

Likes

All is good /salary -incentive/transport facilities/foods / no pressure about call and leads soft calling 6 months work process it’s hard be 6 months rest of process

Dislikes

Process is closed /if be start process again I will be joining as soon as possible

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

Got a question about Mahindra Insurance Brokers?

Ask anonymously on communities.

Mahindra Insurance Brokers Insurance Broker Salary FAQs

What is the salary of Insurance Broker at Mahindra Insurance Brokers?

Insurance Broker salary at Mahindra Insurance Brokers in India ranges between ₹1.7 Lakhs to ₹3.0 Lakhs for experience between 3 years to 5 years. According to our estimates it is 19% less than the average Insurance Broker Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Insurance Brokers India.

How does the salary of a Insurance Broker at Mahindra Insurance Brokers India compare with the average salary range for this job?

The average salary of a Insurance Broker at Mahindra Insurance Brokers is 19% less than the average salary of a Insurance Broker in India. To know exact salary insights, login to view.

What are the top skills required to work as a Insurance Broker at Mahindra Insurance Brokers?

broking, Sales and Lead Generation are some of the popular skills required to work as a Insurance Broker at Mahindra Insurance Brokers India.

Which similar companies are paying more than Mahindra Insurance Brokers to a Insurance Broker in India?

PolicyBazaar Insurance Broker Salary - ₹3.1 Lakhs to ₹4.8 Lakhs per year
Marsh McLennan Insurance Broker Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Insurance Broker at Mahindra Insurance Brokers in India?

The estimated take-home salary of a Insurance Broker at Mahindra Insurance Brokers ranges between ₹16,839 per month to ₹18,549 per month in India. The take-home salary calculation is based on the average Mahindra Insurance Brokers Insurance Broker salary in India which ranges between ₹1.7 Lakhs to ₹3.0 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Insurance Broker at Mahindra Insurance Brokers?

According to AmbitionBox, 50% of the Mahindra Insurance Brokers Insurance Brokers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Insurance Brokers Insurance Broker Salaries by Location

Home >
Salaries >
Mahindra Insurance Brokers Salaries >
Mahindra Insurance Brokers Insurance Broker Salaries

Mahindra Insurance Brokers Insurance Broker salary in India ranges between ₹1.7 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.