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Maruti Suzuki Insurance Broking Executive salaries in India

Annual salary range
1 - 5 years exp.
₹1.5 Lakh - ₹2.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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61% less than the average Executive Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 5 Apr 2024

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₹1.5 L/yr - ₹4.4 L/yr

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Prudent Insurance Brokers Executive Salary

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₹2.3 L/yr - ₹4.6 L/yr

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₹2 L/yr - ₹3 L/yr

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SecureNow Insurance Broker Executive Salary

1 - 5 years exp. (10 salaries)

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₹2 L/yr - ₹2.8 L/yr

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₹2.6 L/yr - ₹3.3 L/yr

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₹2 L/yr - ₹3.2 L/yr

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₹1.8 L/yr - ₹2.3 L/yr

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Executive salary at Maruti Suzuki Insurance Broking ranges between ₹1.5 Lakh to ₹2.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Maruti Suzuki Insurance Broking.

Latest annual salaries shared by Maruti Suzuki Insurance Broking Executive

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5 years exp.
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3 years exp.

Experience wise Maruti Suzuki Insurance Broking Executive salaries

Last Updated: 5 Apr 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.1 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.5 L/yr

Similar Designation salaries in Maruti Suzuki Insurance Broking

Deputy Manager Salary
(14 salaries)
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₹9.8 L/yr - ₹16 L/yr
Quality Analyst Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Salary related reviews for Maruti Suzuki Insurance Broking

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 01 Aug 2018

4.0
 for  Salary and Benefits

Likes

I feel proud to be a part of Maruti Insurance broking Private limited. The company Provide the lot of opportunities to there employees also they are taking care of there employees in all the terms like in terms of working culuture, job security, salary, appraisal, allowances etc. Working environment of Maruti insurance is good, all the senior management and team of MI is supporting. MI is a good option for job seekers.

read more
  • Salary - Good
    +6 more

Dislikes

Compensation Provided by the company is decent but growth is slow. sometimes I need to travel the whole night for reaching at dealership on time next day. I also need to handle some of those dealers who are not in my territory.

read more

Full Time

 · 

Human Resources Department

2.0
  •  posted on 22 Feb 2018

3.0
 for  Salary and Benefits

Likes

Job security Good compensation benefits like Insurance benefits unlike any other company over and above CTC

read more
  • Job security - Excellent

Dislikes

Ineffective leader Leader needs to be changed immediately Focus on productive work rather than paper and clarical work. Belives in Employee exploitation Impatiance Leader Reactive rather than proactive Very poor decisiton making Even leaders dont know what kind of people they are looking for No Transparent system, unprofessionalism, communication gap, favouritsm, one man army show, no weightage to employee voice and suggestions, no authority and freedom of work, convention paper work and approval system delays in work, non acceptance of technology, belives in cost saving and conventional method of working. Non acceptance of changing environment.. Top managememt need to focus on employer branding, employee developent, They should consider HR as a key of success for the organization rather just as a back end function

read more
  • Skill development - Bad
    +4 more

Sales Insurance Department

1.0
  •  posted on 20 Apr 2022

1.0
 for  Salary and Benefits

Likes

On time salary this is the only thing to like because maruti suzuki group handles the same and no salaries are delayed

read more

Dislikes

No one is taking feedbacks and suggestions from the field team, Field sales team is only asked to follow orders from HO which is not fair. Forcefully things are being implemented on the clients.

read more
  • Salary - Bad
    +5 more

Mibpl Department

1.0
  •  posted on 13 May 2022

1.0
 for  Salary and Benefits

Likes

Just having Name of Maruti company is running, The services which they are providing i don't know why people are working with

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Dislikes

No HR Support No Job Security Managers not having committed to what they say they changed there mood every 2nd day. Every time they were having less Staff and some else doing work No approval for asking leave, holidays are just to reimburse in the end. get ur reimbursement after 5-6 months Company is working on a portal that never works. i have to attend calls even after office hours and Saturday Sunday and resolve them

read more
  • Salary - Bad
    +6 more

Full Time

 · 

Sales Department

5.0
  •  posted on 11 Sep 2022

4.0
 for  Salary and Benefits

Likes

I like understanding cooperation of colleagues to support and helping to learn their system as well approach to every situation to handle the costumers.

read more
  • Salary - Good
    +2 more

Dislikes

no dislike for better opportunity I move on.

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Maruti Suzuki Insurance Broking Executive Salary FAQs

What is the salary of Executive at Maruti Suzuki Insurance Broking?
Executive salary at Maruti Suzuki Insurance Broking in India ranges between ₹1.5 Lakhs to ₹2.1 Lakhs for experience between 1 years to 5 years. According to our estimates it is 61% less than the average Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Maruti Suzuki Insurance Broking India.
How does the salary of a Executive at Maruti Suzuki Insurance Broking India compare with the average salary range for this job?
The average salary of a Executive at Maruti Suzuki Insurance Broking is 61% less than the average salary of a Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than Maruti Suzuki Insurance Broking to a Executive in India?
  • Bajaj Allianz General Insurance Executive Salary - ₹2.1 Lakhs to ₹5.6 Lakhs per year
  • HDFC Life Executive Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
  • Prudent Insurance Brokers Executive Salary - ₹2.3 Lakhs to ₹4.6 Lakhs per year
  • SBI General Insurance Executive Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • HDFC Ergo General Insurance Executive Salary - ₹1.7 Lakhs to ₹4.9 Lakhs per year
What is the salary of a Executive in companies similar to Maruti Suzuki Insurance Broking in India?
  • Kotak Mahindara Life Insurance Executive Salary - ₹1.5 Lakhs to ₹4.4 Lakhs per year
  • Reliance General Insurance Executive Salary - ₹1.4 Lakhs to ₹4.2 Lakhs per year
  • Tata AIG Executive Salary - ₹1.7 Lakhs to ₹5.0 Lakhs per year
  • ICICI Lombard General Insurance Company Executive Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
  • Salasar Services Insurance Brokers Executive Salary - ₹2.6 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Executive at Maruti Suzuki Insurance Broking in India?
The estimated take-home salary of a Executive at Maruti Suzuki Insurance Broking ranges between ₹12,534 per month to ₹13,888 per month in India. The take-home salary calculation is based on the average Maruti Suzuki Insurance Broking Executive salary in India which ranges between ₹1.5 Lakhs to ₹2.1 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Executive at Maruti Suzuki Insurance Broking?
According to AmbitionBox, 100% of the Maruti Suzuki Insurance Broking Executives reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Maruti Suzuki Insurance Broking Executive salary in India ranges between ₹1.5 Lakh to ₹2.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Maruti Suzuki Insurance Broking latest salaries received from various employees of Maruti Suzuki Insurance Broking.