Maruti Suzuki Insurance Associate Salaries by 6 Employees

0 - 5 years exp.

₹1.6 Lakh - ₹2.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

47% less than the average Insurance Associate Salary in Automobile Companies for 0 - 5 years of experience

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Last Updated: 15 Aug 2024

Companies similar to Maruti Suzuki for Insurance Associate

Company name	Avg Annual Salary	Open Jobs
MetLife Insurance Associate Salary 0 - 6 years exp. (184 salaries)	₹1 L/yr - ₹5.5 L/yr 125% more	1 job opening
TCS Insurance Associate Salary 0 - 4 years exp. (95 salaries)	₹1.5 L/yr - ₹3.8 L/yr 41% more
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Accenture Insurance Associate Salary 0 - 5 years exp. (63 salaries)	₹2 L/yr - ₹4.8 L/yr 82% more
M&G Global Services Insurance Associate Salary 3 - 8 years exp. (40 salaries)	₹3 L/yr - ₹6 L/yr 183% more
WNS Insurance Associate Salary 0 - 9 years exp. (30 salaries)	₹2 L/yr - ₹5.2 L/yr 103% more

Insurance Associate salary at Maruti Suzuki ranges between ₹1.6 Lakh to ₹2.1 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Maruti Suzuki.

Experience wise Maruti Suzuki Insurance Associate salaries

Last Updated: 15 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.6 L/yr

View all

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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

Skill development - Excellent

+3 more

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.

Skill development - Good

+1 more

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)

Salary - Excellent

+4 more

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.

Company culture - Bad

+1 more

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.

Salary - Good

+1 more

Dislikes

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

Skill development - Poor

+4 more

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

Salary - Excellent

+2 more

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

Skill development - Poor

+3 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Maruti Suzuki

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a senior officer

Regarding interview

I applied for territory sales manager position in maruti suzuki and recruiter has mailed me regarding additional information required for further processing. Does this mean that I will be called for interview? And also if called for interview, what is the salary range for the post? I have 6 years of experience in automobile (2 wheeler, heavy equipment) in sales, dealer development, dealer management and operations.

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Maruti Suzuki Insurance Associate Salary FAQs

What is the salary of Insurance Associate at Maruti Suzuki ?

The average salary of a Insurance Associate at Maruti Suzuki in India typically ranges from ₹1.6 Lakhs to ₹2.1 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Insurance Associate at Maruti Suzuki earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.1 Lakhs per year. Insurance Associate Salaries at Maruti Suzuki can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Maruti Suzuki employees in India.

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

The estimated take-home salary of a Insurance Associate at Maruti Suzuki in India typically ranges from ₹12,103 to ₹13,420 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from Fresher to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Maruti Suzuki. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Maruti Suzuki for Insurance Associate in India?

M&G Global Services	₹3.0 Lakhs to ₹6.0 Lakhs per year
MetLife	₹1.0 Lakhs to ₹5.5 Lakhs per year
WNS	₹2.0 Lakhs to ₹5.2 Lakhs per year
Accenture	₹2.0 Lakhs to ₹4.8 Lakhs per year
TCS	₹1.5 Lakhs to ₹3.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Maruti Suzuki, depending on the role and experience level.

How the salary growth look like for a Insurance Associate at Maruti Suzuki in India?

The salary growth for a Insurance Associate at Maruti Suzuki depends on factors such as experience, performance, and promotions. On average, a Insurance Associate can expect the following growth trajectory at Maruti Suzuki:

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.0 Lakhs per year
1 year	₹0.8 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹1.6 Lakhs to ₹2.0 Lakhs per year

and so on.

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Maruti Suzuki Insurance Associate Salaries

Maruti Suzuki Insurance Associate salary in India ranges between ₹1.6 Lakh to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Maruti Suzuki latest salaries received from various employees of Maruti Suzuki.