Maruti Suzuki Insurance Service Representative Salaries by 3 Employees (Updated 2024)

1 - 5 years exp.

₹1.5 Lakh - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

24% more than the average Insurance Service Representative Salary in Automobile Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Insurance Service Representative Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
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Sales & Business Development Insurance Service Representative Salary 4 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Last Updated: 7 Aug 2024

Companies similar to Maruti Suzuki for Insurance Service Representative

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Insurance Service Representative Salary 1 - 12 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 16% more
ICICI Lombard General Insurance Company Insurance Service Representative Salary 3 - 6 years exp. (5 salaries)	₹1.8 L/yr - ₹3.5 L/yr 6% less
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Insurance Company Insurance Service Representative Salary 0 - 12 years exp. (5 salaries)	₹1 L/yr - ₹4 L/yr 33% less
ICICI Prudential Life Insurance Insurance Service Representative Salary 1 - 5 years exp. (4 salaries)	₹0.4 L/yr - ₹3.2 L/yr 34% less
NTT Data Information Processing Services Insurance Service Representative Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹3.3 L/yr 25% less

Insurance Service Representative salary at Maruti Suzuki ranges between ₹1.5 Lakh to ₹5.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Maruti Suzuki.

Experience wise Maruti Suzuki Insurance Service Representative salaries

Last Updated: 7 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr

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Salary related reviews for Maruti Suzuki

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

Deputy Manager in Gurgaon / Gurugram

Research & Development Department

3.0

• posted on 21 Aug 2022

4.0

for Salary and Benefits

Likes

1. Benefits over and above salary are good. 2. Job sercurity is good.

Dislikes

1. Upper management is highly unprofessional. 2. Noone cares about Work life balance here. 3. They call you to office on weekends to compensate for holidays for even independence day, republic day etc

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a technical project manager

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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 Insurance Service Representative Salary FAQs

What is the notice period for Insurance Service Representative at Maruti Suzuki?

According to AmbitionBox, 100% of the Maruti Suzuki Insurance Service Representatives reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Maruti Suzuki Insurance Service Representative Salaries

Maruti Suzuki Insurance Service Representative salary in India ranges between ₹1.5 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Maruti Suzuki latest salaries received from various employees of Maruti Suzuki.