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PolicyBazaar Insurance Adviser salaries in Mumbai

Annual salary range
0 - 5 years exp.
₹2.3 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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8% more than the average Insurance Adviser Salary in Internet Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Adviser Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Sales & Business Development
Insurance Adviser Salary
4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Last Updated: 16 Mar 2023

Companies similar to PolicyBazaar for Insurance Adviser in Mumbai

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PolicyBazaar Insurance Adviser Salary

0 - 5 years exp. (9 salaries)

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₹2.3 L/yr - ₹3.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹0.9 L/yr - ₹8 L/yr

arrow icon 4% more
2 job openings
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Willis Towers Watson Insurance Adviser Salary

1 - 8 years exp. (13 salaries)

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₹2 L/yr - ₹4.3 L/yr

arrow icon 17% more
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₹1 L/yr - ₹3.6 L/yr

arrow icon 31% less
1 job opening
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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 31% less
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₹2 L/yr - ₹3.1 L/yr

arrow icon 21% less
Insurance Adviser salary at PolicyBazaar ranges between ₹2.3 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 9 latest salaries received from various employees of PolicyBazaar.

Experience wise PolicyBazaar Insurance Adviser salaries in Mumbai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
1 year  (3 salaries)

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₹2.3 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
View all

Top skills at PolicyBazaar for Insurance Adviser

Field Sales

Salary related reviews for PolicyBazaar

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Healthcare & Life Sciences Department

2.0
  •  posted on 11 Oct 2023

5.0
 for  Salary and Benefits

Likes

The incentives and salary are much more than the peers the only plus point in policybazaar.com

read more
  • Salary - Excellent

Dislikes

No work life balance No job security No support from leaders Asking everyday booking without any lead support

  • Skill development - Poor
  • +5 more

Other Department

5.0
  •  posted on 28 Jul 2019

5.0
 for  Salary and Benefits

Likes

Incentives

  • Salary - Excellent
  • +4 more

Dislikes

Although all companies have work pressure and policy bazaar had terrible pressure. But against that they will give good amount of salary in last of month. So for me I can't say any dislike because if companies paying you in lacs they expect good amount of business also.

read more
  • Work-life balance - Poor

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Jan 2021

2.0
 for  Salary and Benefits

Likes

No support.... Cost cutting and removing employees

Dislikes

If they dont have any scope and growth then dont say we have IJP's every 6month... Diring pandemic Policy bazaar fired everybody wheather they are performer or non performer.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 18 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary hike and appraisals are good

  • Salary - Good
  • +2 more

Dislikes

The work culture and management is very bad . To be honest they support there favourite people, only they grow and people who work hard have no value here to be honest ,sending female employees home late they don't care about women Safety , no cab facility The chances are more for promotion but only if you gel well with seniors

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

CSR & Social Service Department

3.0
  •  posted on 01 Feb 2025

3.0
 for  Salary and Benefits

Likes

I like only my work nothing else because seniors are not supportive, sometimes I faced it's very hard to take breaks even if we need to go for lunch and there is too much call flow, seniors are just like that we don't care it's are duty to not to drop a single call in between employees are facing hustle to take breaks, we need to ask 1000 times and if employees mark break in their system without asking so senior mark an email against him or her, and max times I personally felt that seniors have something personal in there Head for me because they never ever allow me for any break, I always have to ask 10-15 times then these people are like "ok you can go". I've some medical issues, and I always ready to provide my medical doc. But my senior is like " this is not valid, anyone can make this *means if I'm providing a doc. Even it is single page but Dr's stamp is there then after, they always have some problem and work culture is also got worst these days.

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  • Job security - Good
  • +1 more

Dislikes

...home because there is work flow and this extra time never consider as over time. They are planning for how to cut salary of employees but also not planning how to increase salary. I'm submitting this but please don't discover my name anywhere coz no one wants to speak about al these things.

read more
  • Work-life balance - Poor
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PolicyBazaar Insurance Adviser Salary FAQs

What is the salary of Insurance Adviser at PolicyBazaar in Mumbai?
The average salary of a Insurance Adviser at PolicyBazaar in Mumbai typically ranges from ₹2.3 Lakhs to ₹3.8 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Insurance Adviser in Mumbai at PolicyBazaar earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Insurance Adviser Salaries at PolicyBazaar 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 9 PolicyBazaar employees in India.
What is the estimated take home salary of a Insurance Adviser at PolicyBazaar in Mumbai?
The estimated take-home salary of a Insurance Adviser at PolicyBazaar in Mumbai typically ranges from ₹24,360 to ₹25,808 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.8 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 9 salaries received from various employees of PolicyBazaar. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Insurance Adviser at PolicyBazaar in Mumbai?
Field Sales is a popular skill required to work as a Insurance Adviser at PolicyBazaar.
Which companies offer higher salaries than PolicyBazaar for Insurance Adviser in India?
Willis Towers Watson ₹2.0 Lakhs to ₹4.3 Lakhs per year
Life Insurance Corporation of India ₹0.9 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by PolicyBazaar, depending on the role and experience level.
What is the salary of a Insurance Adviser in companies similar to PolicyBazaar in Mumbai?
The salary of a Insurance Adviser at companies similar to PolicyBazaar in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹2.0 Lakhs to ₹3.1 Lakhs per year
Axis Max Life Insurance ₹1.0 Lakhs to ₹3.6 Lakhs per year
Concentrix Corporation ₹1.5 Lakhs to ₹2.5 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 Adviser at PolicyBazaar in Mumbai?
The salary growth for a Insurance Adviser at PolicyBazaar in Mumbai depends on factors such as experience, performance, and promotions. On average, a Insurance Adviser in Mumbai can expect the following growth trajectory at PolicyBazaar:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹3.2 Lakhs per year
1 year ₹2.3 Lakhs to ₹3.5 Lakhs per year
2 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

PolicyBazaar Insurance Adviser salary in Mumbai ranges between ₹2.3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 PolicyBazaar latest salaries received from various employees of PolicyBazaar.