Maruti Suzuki General Insurance Executive Salaries by 4 Employees (Updated 2024)

2 - 5 years exp.

₹2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

At par with the average General Insurance Executive Salary in Automobile Companies for 2 - 5 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Maruti Suzuki for General Insurance Executive

Company name	Avg Annual Salary	Open Jobs
Tata Motors General Insurance Executive Salary 0 - 7 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 8% less
Mahindra & Mahindra General Insurance Executive Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 7% less
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Capita General Insurance Executive Salary 1 - 5 years exp. (21 salaries)	₹2.3 L/yr - ₹3.9 L/yr 10% more
Sundaram Finance General Insurance Executive Salary 0 - 8 years exp. (19 salaries)	₹1.5 L/yr - ₹2.5 L/yr 27% less
ICICI Lombard General Insurance Company General Insurance Executive Salary 1 - 10 years exp. (9 salaries)	₹2 L/yr - ₹4 L/yr 19% more

General Insurance Executive salary at Maruti Suzuki ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Maruti Suzuki.

Experience wise Maruti Suzuki General Insurance Executive salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.1 L/yr
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4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5 L/yr

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Salary related reviews for Maruti Suzuki

Relationship Manager in Pali

Full Time

Sales & Business Development Department

5.0

• posted on 16 Sep 2023

3.0

for Salary and Benefits

Likes

The best behaviour with staff members and if uh want to earn much more and you are fresher then just move forward to it

Dislikes

Every was quite good but the basic salary is not so ok but have so much to earn in sales

Deputy Manager in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Mar 2023

3.0

for Salary and Benefits

Likes

1. From learning perspective MSIL is a good company as they have many models.

Dislikes

1. Work pressure is high but compensation is not that good. 2. Working hours are very high. 3. Work life balance is not good.

Deputy Manager in Gurgaon / Gurugram

Full Time

Research & Development Department

3.0

• posted on 12 May 2023

5.0

for Salary and Benefits

Likes

- Employee benefits - YoY hike & Variable pay - Good for beginners for their learnings and automotive exposure - Highly encouraged for doing innovative stuffs - Person who want to stabilise financially, MSIL is a good option (decide based on the dislikes section)

Dislikes

- Worst Work culture - Company culture won't fit for experienced persons - Top level management is highly conservative and show Arrogance attitude - Weakened HR department - High level of Micro Management - Top management people won't consider you as an employee rather a slave - Hierarchical mindset - Leader/boss delegate the pressure (from their seniors) to all levels - Played good & bad cop game during notice period - Located in the highly air and water polluted region (not preferable for who have lungs related disease, more prone to PM2.5 further may reduce their lifespan) The above points were experienced personally for the tenure of 5 years. I hope this review may save atleast one person from toxic environment.

Deputy Manager in Gurgaon / Gurugram

Full Time

Research & Development Department

3.0

• posted on 13 Dec 2021

4.0

for Salary and Benefits

Likes

Wages and incentives used to be good but not now. So called job security, Yes, but what is the point of a job security if you are not employable somewhere else and grow on a very stagnant basis having managers with very stringent attitude.

Dislikes

Free food, good salary, five days off, shutdown twice in a year.

Deputy Manager in Gurgaon / Gurugram

Full Time

Other Department

3.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

1. Compensation is good

Dislikes

1. No work life balance 2. Seniors have huge ego problem 3. Never happens a healthy discussion 4. Intimidating staff 5. Process related systems are outdated and error prone. 6. Approval process in system is tedious and on top of that approval from seniors is a difficult process

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Maruti Suzuki General Insurance Executive Salary FAQs

What is the salary of General Insurance Executive at Maruti Suzuki?

General Insurance Executive salary at Maruti Suzuki in India ranges between ₹2.0 Lakhs to ₹5.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 3% less than the average General Insurance Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Maruti Suzuki India.

How does the salary of a General Insurance Executive at Maruti Suzuki India compare with the average salary range for this job?

The average salary of a General Insurance Executive at Maruti Suzuki is 3% less than the average salary of a General Insurance Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Maruti Suzuki to a General Insurance Executive in India?

ICICI Lombard General Insurance Company General Insurance Executive Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Capita General Insurance Executive Salary - ₹2.3 Lakhs to ₹3.9 Lakhs per year

What is the salary of a General Insurance Executive in companies similar to Maruti Suzuki in India?

Mahindra & Mahindra General Insurance Executive Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
Tata Motors General Insurance Executive Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
Sundaram Finance General Insurance Executive Salary - ₹1.5 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a General Insurance Executive at Maruti Suzuki in India?

The estimated take-home salary of a General Insurance Executive at Maruti Suzuki ranges between ₹18,938 per month to ₹20,618 per month in India. The take-home salary calculation is based on the average Maruti Suzuki General Insurance Executive salary in India which ranges between ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for General Insurance Executive at Maruti Suzuki?

According to AmbitionBox, 50% of the Maruti Suzuki General Insurance Executives 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.

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Maruti Suzuki General Insurance Executive Salaries

Maruti Suzuki General Insurance Executive salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Maruti Suzuki latest salaries received from various employees of Maruti Suzuki.