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Maruti Suzuki Insurance Executive salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
2 - 6 years exp.
₹1.5 Lakh - ₹3 Lakhs
Salary of majority employees
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21% less than the average Insurance Executive Salary in Automobile Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Executive Salary
3 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.4 L/yr

Customer Success, Service & Operations
Insurance Executive Salary
6 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹3 L/yr

Last Updated: 8 Feb 2025

Companies similar to Maruti Suzuki for Insurance Executive in Hyderabad / Secunderabad

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Maruti Suzuki Insurance Executive Salary

2 - 6 years exp. (4 salaries)

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₹1.5 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCS Insurance Executive Salary

1 - 5 years exp. (11 salaries)

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₹1.9 L/yr - ₹3.1 L/yr

arrow icon 37% more
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B New Mobiles Insurance Executive Salary

1 - 3 years exp. (4 salaries)

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₹1.3 L/yr - ₹2 L/yr

arrow icon 6% less
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HSBC Group Insurance Executive Salary

1 - 7 years exp. (4 salaries)

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₹4.5 L/yr - ₹6.1 L/yr

arrow icon 169% more
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Varun Motors Insurance Executive Salary

0 - 3 years exp. (3 salaries)

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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 9% more
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₹1.8 L/yr - ₹2.8 L/yr

arrow icon 28% more
Insurance Executive salary at Maruti Suzuki ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Maruti Suzuki.

Latest annual salaries shared by Maruti Suzuki Insurance Executive in Hyderabad / Secunderabad

1mo ago
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6 years exp.
6mo ago
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3 years exp.
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3 years exp.

Experience wise Maruti Suzuki Insurance Executive salaries in Hyderabad / Secunderabad

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.4 L/yr
6 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr

Similar Designation salaries in Maruti Suzuki

Sales Executive Salary
(37 salaries)
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₹1 L/yr - ₹3.6 L/yr
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₹1.1 L/yr - ₹3.1 L/yr
MIS Executive Salary
(13 salaries)
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₹1.45 L/yr - ₹4.6 L/yr
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₹1.5 L/yr - ₹3 L/yr
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₹1.2 L/yr - ₹3.2 L/yr
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₹1.5 L/yr - ₹2.39 L/yr

Salary related reviews for Maruti Suzuki

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 09 Jun 2023

1.0
 for  Salary and Benefits

Likes

Backoffice job , no telecalling job ..

  • Skill development - Excellent

Dislikes

...... Because I used to work telecalling in insurance department at Maruti Suzuki. I was never given appointment letter, pay sleep did not go.Later I found out that I am not an employee of Maruti Suzuki office, not an employee of the insurance company? I had no security. Parkstreet Maruti suzuki naxa insurance manager used to harass me in many ways & abuse a lot..talking about my character. The behavior of the insurance department employee was not good. After the insurance renewal was done, the customer did not give the policy paper when requested from the head office.To force me to tell the customer about false promises. Policy papers were not given on time. As a result, the customer killed me.Moreover, despite having attanance, I was marked as absent. I quit after 2 months because I didn't feel safe...

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 28 Jan 2025

3.0
 for  Salary and Benefits

Likes

It was been an honor to work in maruti suzuki being a part of msil enjoyed a lot. Got an opportunity to learn about vehicles category and loads of fun

read more
  • Skill development - Good
  • +3 more

Dislikes

...e to work on sundays while others spend quality time at home after lot of works. and hrs use to debit the salary amount with 500rs. incentives was given late it takes 3 months to receive incentives and were not given on time as they mention before joining.

read more

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

read more

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.

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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)

read more
  • 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.

read more
  • Company culture - Bad
  • +1 more
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Maruti Suzuki Insurance Executive Salary FAQs

What is the salary of Insurance Executive at Maruti Suzuki in Hyderabad / Secunderabad?
The average salary of a Insurance Executive at Maruti Suzuki in Hyderabad / Secunderabad typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Insurance Executive in Hyderabad / Secunderabad at Maruti Suzuki earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Insurance Executive 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 4 Maruti Suzuki employees in India.
What is the estimated take home salary of a Insurance Executive at Maruti Suzuki in Hyderabad / Secunderabad?
The estimated take-home salary of a Insurance Executive at Maruti Suzuki in Hyderabad / Secunderabad typically ranges from ₹13,402 to ₹14,831 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 4 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 Executive in India?
HSBC Group ₹4.5 Lakhs to ₹6.1 Lakhs per year
TCS ₹1.9 Lakhs to ₹3.1 Lakhs per year
ICICI Lombard General Insurance Company ₹1.8 Lakhs to ₹2.8 Lakhs per year
Varun Motors ₹1.8 Lakhs to ₹2.4 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.
What is the salary of a Insurance Executive in companies similar to Maruti Suzuki in Hyderabad / Secunderabad?
The salary of a Insurance Executive at companies similar to Maruti Suzuki in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

B New Mobiles ₹1.3 Lakhs to ₹2.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Insurance Executive at Maruti Suzuki in Hyderabad / Secunderabad?
The salary growth for a Insurance Executive at Maruti Suzuki in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Insurance Executive in Hyderabad / Secunderabad can expect the following growth trajectory at Maruti Suzuki:

Experience Average Salary Range
2 years ₹1.7 Lakhs to ₹2.1 Lakhs per year
3 years ₹1.7 Lakhs to ₹2.2 Lakhs per year
4 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
5 years ₹1.8 Lakhs to ₹2.4 Lakhs per year
and so on.

Tell us how to improve this page.

Maruti Suzuki Insurance Executive salary in Hyderabad / Secunderabad ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Maruti Suzuki latest salaries received from various employees of Maruti Suzuki.