PolicyBazaar Insurance Consultant Salaries by 4 Employees (Updated 2025)

0 - 7 years exp.

₹2 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

Fixed (83%)

₹3.2 Lakhs

Variable (17%)

₹0.6 Lakh

26% more than the average Insurance Consultant Salary in Internet Companies for 0 - 7 years of experience

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Last Updated: 12 Jan 2025

Companies similar to PolicyBazaar for Insurance Consultant

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Insurance Consultant Salary 0 - 8 years exp. (91 salaries)	₹0.6 L/yr - ₹6 L/yr 26% less	1 job opening
Bajaj Allianz General Insurance Insurance Consultant Salary 0 - 3 years exp. (16 salaries)	₹1 L/yr - ₹4.1 L/yr 26% less
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Life Insurance Corporation of India Insurance Consultant Salary 1 - 8 years exp. (8 salaries)	₹1.5 L/yr - ₹4 L/yr 36% less
Bajaj Allianz Insurance Consultant Salary 0 - 2 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 39% less
Cognizant Insurance Consultant Salary 7 - 9 years exp. (7 salaries)	₹15.1 L/yr - ₹21 L/yr 326% more

Insurance Consultant salary at PolicyBazaar ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 4 latest salaries received from various employees of PolicyBazaar.

Experience wise PolicyBazaar Insurance Consultant salaries

Last Updated: 12 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr

View all

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Salary related reviews for PolicyBazaar

Sales Executive in Gurgaon / Gurugram

Full Time

Other Department

2.0

• posted on 17 Jan 2025

2.0

for Salary and Benefits

Likes

Salary on time

Job security - Excellent

Dislikes

I dislike about everything, the work culture is sick , they'll are make you sick by working in toxic culture,they have one agenda if you will to work on your weekoff ,I will provide you better leads flow so that you can complete their tasks,they will force you to work even if you have a high fever ,no humanity, I would suggest don't go there.

Salary - Poor

+5 more

Senior Relationship Manager in Ambala

Full Time

Other Department

3.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

The only reason i work for this company almost 1 years Salary and incentive are good(but utne paise ke he apko stress ke medicine). They provide lead and travel allowance 150 per customer

Salary - Good

+1 more

Dislikes

...c holiday at all. Diwali ko after 4pm ke chutti milte hai. No work life balance. Holi, Diwali and rakshabandhan par maine kam kiya no double salary free main kam karo bus. 9am video call se kam shuru ho kar 9pm (in winter)par kam khatam hota hai. Customer ka claim reject hone par customer apko bolta hai ke claim aprove karwao

Job security - Bad

+3 more

Financial Advisor in Kochi

Full Time

Other Department

1.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

If you are a person working to get only salary and benefits you can join.otherwise it is like committing suicide.

Salary - Good

Dislikes

There is nothing to like here.so no need to think about dislike.its like a hell sometimes.

Skill development - Poor

+4 more

Customer Service Executive in Gurgaon / Gurugram

Full Time

Other Department

2.0

• posted on 17 Dec 2023

3.0

for Salary and Benefits

Likes

...ood working hours schedule. They pay good paychecks and pretty good incentives. Salary comes on time not like other "startup"

Dislikes

Company hierarchy is bais on the executive or agent level basis of CRT (customer relations team), company has a very strict policy to work for 6 days to just validate a punchline that states "We work for people for 365 days,7 days a week",no festival off are given to the associates,there is a influential and bais role of HR with the hierarchy regarding agents,sometimes the hierarchy uses it as a tool to demean the agents and sometimes they use it to make office culture more dirty,the company very prominently

Skill development - Bad

+5 more

Sales Executive in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

1.0

• posted on 11 Oct 2023

2.0

for Salary and Benefits

Likes

There is nothing to like in this only you will get salary on time

Dislikes

No work culture, all 12th pass are promoted to manager Like Bhaskar Mishra , your experience will counted for call centre work only, No future growth

Salary - Poor

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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PolicyBazaar Insurance Consultant Salary FAQs

What is the salary of Insurance Consultant at PolicyBazaar ?

The average salary of a Insurance Consultant at PolicyBazaar in India typically ranges from ₹2.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Insurance Consultant at PolicyBazaar earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Insurance Consultant 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 4 PolicyBazaar employees in India.

What is the estimated take home salary of a Insurance Consultant at PolicyBazaar in India?

The estimated take-home salary of a Insurance Consultant at PolicyBazaar in India typically ranges from ₹27,976 to ₹29,370 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 PolicyBazaar. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than PolicyBazaar for Insurance Consultant in India?

Cognizant

₹15.1 Lakhs to ₹21.0 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 Consultant in companies similar to PolicyBazaar in India?

The salary of a Insurance Consultant at companies similar to PolicyBazaar in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz General Insurance	₹1.0 Lakhs to ₹4.1 Lakhs per year
Bajaj Allianz Life Insurance	₹0.6 Lakhs to ₹6.0 Lakhs per year
Life Insurance Corporation of India	₹1.5 Lakhs to ₹4.0 Lakhs per year
Bajaj Allianz	₹2.0 Lakhs to ₹3.0 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 Consultant at PolicyBazaar in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.0 Lakhs per year
1 year	₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.0 Lakhs per year
3 years	₹1.4 Lakhs to ₹3.7 Lakhs per year

and so on.

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PolicyBazaar Insurance Consultant Salaries

PolicyBazaar Insurance Consultant salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 PolicyBazaar latest salaries received from various employees of PolicyBazaar.