Mahindra Insurance Brokers Sales Executive Salaries by 6 Employees (Updated 2025)

3 - 6 years exp.

₹1.4 Lakh - ₹4.2 Lakhs

Salary of majority employees

14% less than the average Sales Executive Salary in Insurance Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Executive Salary 4 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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Sales & Business Development Sales Executive Salary 6 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 15 Mar 2023

Companies similar to Mahindra Insurance Brokers for Sales Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Executive Salary 0 - 6 years exp. (221 salaries)	₹1.1 L/yr - ₹5.3 L/yr 8% less
Bajaj Allianz General Insurance Sales Executive Salary 0 - 8 years exp. (226 salaries)	₹1.1 L/yr - ₹6.2 L/yr 17% more
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HDFC Ergo General Insurance Sales Executive Salary 0 - 7 years exp. (215 salaries)	₹1.5 L/yr - ₹4.5 L/yr 15% more
Reliance General Insurance Sales Executive Salary 0 - 8 years exp. (47 salaries)	₹1.4 L/yr - ₹3.5 L/yr 7% less
Tata AIG Sales Executive Salary 1 - 6 years exp. (102 salaries)	₹1.2 L/yr - ₹3.8 L/yr 15% less
The New India Assurance Co. Sales Executive Salary 0 - 8 years exp. (3 salaries)	₹1.6 L/yr - ₹5 L/yr 17% more
United India Insurance Company Sales Executive Salary 4 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 19% less
National Insurance Company Sales Executive Salary 3 - 5 years exp. (3 salaries)	₹1 L/yr - ₹2 L/yr 32% less
Star Health & Allied Insurance Sales Executive Salary 0 - 10 years exp. (124 salaries)	₹1.3 L/yr - ₹4.5 L/yr 9% more
Niva Bupa Health Insurance Company Sales Executive Salary 0 - 5 years exp. (49 salaries)	₹2 L/yr - ₹3.6 L/yr 8% more
Cholamandalam MS General Insurance Sales Executive Salary 1 - 8 years exp. (74 salaries)	₹1.4 L/yr - ₹4.3 L/yr 6% less
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Future Generali India Life Insurance Sales Executive Salary 0 - 6 years exp. (72 salaries)	₹1.4 L/yr - ₹4.5 L/yr 3% less	1 job opening
Bharti AXA Life Insurance Sales Executive Salary 1 - 7 years exp. (46 salaries)	₹1.2 L/yr - ₹5.5 L/yr 5% less
Shriram General Insurance Sales Executive Salary 0 - 5 years exp. (28 salaries)	₹1.9 L/yr - ₹3.2 L/yr 12% less
Royal Sundaram General Insurance Sales Executive Salary 0 - 5 years exp. (26 salaries)	₹1.5 L/yr - ₹5 L/yr At par
Aditya Birla Health Insurance Co Sales Executive Salary 0 - 6 years exp. (25 salaries)	₹2 L/yr - ₹4.2 L/yr 9% more
IndiaFirst Life Insurance Sales Executive Salary 2 - 9 years exp. (22 salaries)	₹2 L/yr - ₹5.5 L/yr 34% more
Digit Insurance Sales Executive Salary 0 - 8 years exp. (20 salaries)	₹2.2 L/yr - ₹4.1 L/yr 26% more
Edelweiss Life Insurance Sales Executive Salary 0 - 5 years exp. (11 salaries)	₹1.8 L/yr - ₹4 L/yr 11% more
Aviva Life Insurance India Sales Executive Salary 0 - 6 years exp. (8 salaries)	₹1.7 L/yr - ₹4.8 L/yr 23% more

View all

Sales Executive salary at Mahindra Insurance Brokers ranges between ₹1.4 Lakh to ₹4.2 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Sales Executive salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.6 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Sales Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Sales Manager Salary

(6 salaries)

₹3.15 L/yr - ₹5 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

Deputy Manager Salary

(38 salaries)

₹3.3 L/yr - ₹10 L/yr

Relationship Officer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Territory Manager Salary

(35 salaries)

₹2.35 L/yr - ₹8.84 L/yr

Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹4.8 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%

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

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.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Mahindra Insurance Brokers Sales Executive Salary FAQs

What is the salary of Sales Executive at Mahindra Insurance Brokers?

Sales Executive salary at Mahindra Insurance Brokers in India ranges between ₹1.4 Lakhs to ₹4.2 Lakhs for experience between 3 years to 6 years. According to our estimates it is 14% less than the average Sales Executive Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Insurance Brokers India.

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

The average salary of a Sales Executive at Mahindra Insurance Brokers is 14% less than the average salary of a Sales Executive in India. To know exact salary insights, login to view.

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

MetLife Sales Executive Salary - ₹1.2 Lakhs to ₹9.0 Lakhs per year
Paramount Health Services Tpa Sales Executive Salary - ₹2.0 Lakhs to ₹8.0 Lakhs per year
IndiaFirst Life Insurance Sales Executive Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
Digit Insurance Sales Executive Salary - ₹2.2 Lakhs to ₹4.1 Lakhs per year
Aviva Life Insurance India Sales Executive Salary - ₹1.7 Lakhs to ₹4.8 Lakhs per year

What is the salary of a Sales Executive in companies similar to Mahindra Insurance Brokers in India?

ManipalCigna Health Insurance Sales Executive Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
The New India Assurance Co. Sales Executive Salary - ₹1.6 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz General Insurance Sales Executive Salary - ₹1.1 Lakhs to ₹6.2 Lakhs per year
HDFC Ergo General Insurance Sales Executive Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Edelweiss Life Insurance Sales Executive Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Sales Executive at Mahindra Insurance Brokers ranges between ₹19,199 per month to ₹20,874 per month in India. The take-home salary calculation is based on the average Mahindra Insurance Brokers Sales Executive salary in India which ranges between ₹1.4 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Sales Executive at Mahindra Insurance Brokers?

According to AmbitionBox, 100% of the Mahindra Insurance Brokers Sales Executives reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Sales Executive Salaries

Mahindra Insurance Brokers Sales Executive salary in India ranges between ₹1.4 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.