Mahindra Insurance Brokers SME Salaries by 4 Employees (Updated 2025)

4 - 6 years exp.

₹1.6 Lakh - ₹3.5 Lakhs

Salary of majority employees

58% less than the average SME Salary in Insurance Companies for 4 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Mahindra Insurance Brokers for SME

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company SME Salary 2 - 5 years exp. (7 salaries)	₹2.2 L/yr - ₹3.3 L/yr 21% more
Tata AIG SME Salary 0 - 4 years exp. (5 salaries)	₹2.5 L/yr - ₹3.6 L/yr 24% more
Login to view exact salary
MetLife SME Salary 3 - 8 years exp. (51 salaries)	₹3 L/yr - ₹5.5 L/yr 79% more
Medi Assist India SME Salary 1 - 9 years exp. (8 salaries)	₹2.2 L/yr - ₹6.5 L/yr 117% more
Allianz Services SME Salary 6 - 10 years exp. (6 salaries)	₹4.9 L/yr - ₹9.3 L/yr 222% more
Allianz Partners SME Salary 3 - 9 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 125% more
Royal Sundaram General Insurance SME Salary 5 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹4.3 L/yr 52% more
ManipalCigna Health Insurance SME Salary 2 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 12% less

SME salary at Mahindra Insurance Brokers ranges between ₹1.6 Lakh to ₹3.5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers SME salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Business Development Executive Salary

(45 salaries)

₹2 L/yr - ₹3.35 L/yr

Area Manager Salary

(45 salaries)

₹3 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(38 salaries)

₹3.3 L/yr - ₹10 L/yr

Customer Relation Executive Salary

(27 salaries)

₹1.15 L/yr - ₹2.16 L/yr

Senior Customer Relation Executive Salary

(16 salaries)

₹1.45 L/yr - ₹3 L/yr

Management Trainee Salary

(11 salaries)

₹14 L/yr - ₹15 L/yr

Customer Care Executive Salary

(6 salaries)

₹1.45 L/yr - ₹2.2 L/yr

Sales Executive Salary

(6 salaries)

₹1.35 L/yr - ₹4.2 L/yr

Deputy General Manager Salary

(5 salaries)

₹33.75 L/yr - ₹38.5 L/yr

Officer Salary

(5 salaries)

₹2 L/yr - ₹5.5 L/yr

Salary related reviews for Mahindra Insurance Brokers

5.0

Rated by 1 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.

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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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Mahindra Insurance Brokers SME Salary FAQs

What is the salary of SME at Mahindra Insurance Brokers?

SME salary at Mahindra Insurance Brokers in India ranges between ₹1.6 Lakhs to ₹3.5 Lakhs for experience between 4 years to 6 years. According to our estimates it is 58% less than the average SME 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 SME at Mahindra Insurance Brokers India compare with the average salary range for this job?

The average salary of a SME at Mahindra Insurance Brokers is 58% less than the average salary of a SME in India. To know exact salary insights, login to view.

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

Allianz Services SME Salary - ₹4.9 Lakhs to ₹9.3 Lakhs per year
Allianz Partners SME Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
Medi Assist India SME Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
MetLife SME Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
Royal Sundaram General Insurance SME Salary - ₹3.2 Lakhs to ₹4.3 Lakhs per year

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

Tata AIG SME Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
ICICI Lombard General Insurance Company SME Salary - ₹2.2 Lakhs to ₹3.3 Lakhs per year
ManipalCigna Health Insurance SME Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a SME at Mahindra Insurance Brokers ranges between ₹17,281 per month to ₹18,985 per month in India. The take-home salary calculation is based on the average Mahindra Insurance Brokers SME salary in India which ranges between ₹1.6 Lakhs to ₹3.5 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

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Mahindra Insurance Brokers SME Salaries

Mahindra Insurance Brokers SME salary in India ranges between ₹1.6 Lakh to ₹3.5 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.

Mahindra Insurance Brokers SME salaries in India

Companies similar to Mahindra Insurance Brokers for SME

Latest annual salaries shared by Mahindra Insurance Brokers SME

Experience wise Mahindra Insurance Brokers SME 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 SME Salary FAQs

Tell us how to improve this page.