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Mahindra Insurance Brokers

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3.3

based on 287 Reviews

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Mahindra Insurance Brokers Salaries in New Delhi (Updated 2025)

based on 40 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Administration & Facilities Sales & Business Development
Designation Avg Annual Salary Open Jobs

Deputy Manager

5 - 9 years exp. · New Delhi (5 salaries)
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₹4.6 L/yr - ₹9 L/yr

Administration Officer

5 - 8 years exp. · New Delhi (4 salaries)
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₹2.6 L/yr - ₹3.1 L/yr

Deputy Associate Manager

6 - 11 years exp. · New Delhi (4 salaries)
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₹6.7 L/yr - ₹10.2 L/yr

Business Development Executive

3 - 5 years exp. · New Delhi (AmbitionBox Estimate)
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₹3 L/yr - ₹3.3 L/yr

Starting your career? Discover Mahindra Insurance Brokers fresher salaries in India

Insurance Agent

6 - 8 years exp. · New Delhi (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Deputy Cluster Manager

6 - 8 years exp. · New Delhi (AmbitionBox Estimate)
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₹8 L/yr - ₹8.5 L/yr

Management Trainee

Fresher · New Delhi (AmbitionBox Estimate)
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₹14 L/yr - ₹15 L/yr

Regional Manager

13 - 14 years exp. · New Delhi (AmbitionBox Estimate)
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₹18 L/yr - ₹20.7 L/yr

Senior Accounts Executive

5 years exp. · New Delhi (AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr

Senior Relationship Manager

6 years exp. · New Delhi (AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr

Zonal Manager

15 years exp. · New Delhi (AmbitionBox Estimate)
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₹20.6 L/yr - ₹26.3 L/yr

Administration Executive

Fresher · New Delhi (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Regional Head

16 years exp. · New Delhi (AmbitionBox Estimate)
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₹29.5 L/yr - ₹37.7 L/yr

Deputy Manager Operations

13 years exp. · New Delhi (AmbitionBox Estimate)
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₹9.2 L/yr - ₹11.7 L/yr

Office Assistant

3 years exp. · New Delhi (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.2 L/yr

Insurance Consultant

Fresher · New Delhi (AmbitionBox Estimate)
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₹0.7 L/yr - ₹0.9 L/yr

Manager

1 - 12 years exp. · New Delhi (3 salaries)
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₹11.2 L/yr - ₹16.4 L/yr

Associate Manager

4 - 10 years exp. · New Delhi (3 salaries)
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₹6.1 L/yr - ₹8.5 L/yr

Senior Executive

9 years exp. · New Delhi (AmbitionBox Estimate)
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₹3.7 L/yr - ₹6.9 L/yr

Executive

3 years exp. · New Delhi (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Last Updated: 2 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Salary related reviews for Mahindra Insurance Brokers

3.1

Rated by 13 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.

read more

Dislikes

Salary hike not up to the mark if achieve annual target 100% and more than ,variables policy announced very late after completing 100%

read more
  • 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.

read more
  • 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.

read more

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.

read more
  • 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

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  • 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.

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  • Skill development - Good
    • +4 more

Dislikes

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

read more
see more salary related reviews

Mahindra Insurance Brokers interview questions by designations

Area Manager (2)Management Trainee (1)Deputy Manager (1)Branch Manager (1)
View all 8 interview experiences

Know more about Mahindra Insurance Brokers New Delhi

More about working at Mahindra Insurance Brokers

Mahindra Insurance Brokers Salary FAQs

How much does Mahindra Insurance Brokers pay per year?
The average Mahindra Insurance Brokers salary ranges from approximately ₹1.2 Lakh to ₹1.8 Lakh per year for a Customer Representative Executive and ₹33.8 Lakhs to ₹38.5 Lakhs per year for a Deputy General Manager. Salary estimates are based on 40 Mahindra Insurance Brokers salaries received from various employees of Mahindra Insurance Brokers. Mahindra Insurance Brokers employees rate the overall salary and benefits package 3.1/5 stars.
What is the highest salary in Mahindra Insurance Brokers?
The highest-paying job at Mahindra Insurance Brokers is a Deputy General Manager with a salary of ₹33.8 Lakhs to ₹38.5 Lakhs per year. The top 10% of employees earn more than ₹20 lakhs per year. The top 1% earn more than a whopping ₹41 lakhs per year.
What is the minimum salary in Mahindra Insurance Brokers?
Minimum salary at Mahindra Insurance Brokers depends on the role you are applying for. For Customer Relation Executive the minimum salary is ₹1.2 Lakh to ₹2.2 Lakhs per year, and for Senior Customer Relation Executive the minimum salary is ₹1.5 Lakh to ₹3 Lakhs per year and so on.
What is the salary package for freshers in Mahindra Insurance Brokers?
The average salary at Mahindra Insurance Brokers for freshers is ₹14.5 Lakhs per year for Management Trainee.
What is the notice period at Mahindra Insurance Brokers in New Delhi?
According to AmbitionBox, 53% of the Mahindra Insurance Brokers employees in New Delhi reported a notice period of 1 Month, 17% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 40 responses on AmbitionBox in last 2 years.

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Average annual salary in Mahindra Insurance Brokers , New Delhi is INRunlock blur . Salary estimates are based on 40 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.

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