Policyboss.com Mumbai Insurance Executive Salaries by 3 Employees (Updated 2025)

0 - 4 years exp.

₹1.5 Lakh - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

7% more than the average Insurance Executive Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 20 Sep 2024

Companies similar to Policyboss.com for Insurance Executive in Mumbai

Policyboss.com Insurance Executive Salary

0 - 4 years exp. (3 salaries)

₹1.5 L/yr - ₹3.9 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Insurance Executive Salary 1 - 4 years exp. (4 salaries)	₹2 L/yr - ₹4.5 L/yr 5% less
Bajaj Allianz General Insurance Insurance Executive Salary 1 - 11 years exp. (5 salaries)	₹1.2 L/yr - ₹4 L/yr 19% more
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TCS Insurance Executive Salary 1 - 7 years exp. (28 salaries)	₹2.1 L/yr - ₹4 L/yr 2% more
Capita Insurance Executive Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹3.5 L/yr 14% more
Accenture Insurance Executive Salary 0 - 4 years exp. (8 salaries)	₹1.8 L/yr - ₹3.6 L/yr 3% less

Insurance Executive salary at Policyboss.com ranges between ₹1.5 Lakh to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Policyboss.com.

Experience wise Policyboss.com Insurance Executive salaries in Mumbai

Last Updated: 20 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Policyboss.com

Team Lead Salary

(22 salaries)

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Sales Executive Salary

(9 salaries)

₹2 L/yr - ₹2.7 L/yr

Operations Executive Salary

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₹1.15 L/yr - ₹2.6 L/yr

MIS Executive Salary

(4 salaries)

₹2.7 L/yr - ₹3.25 L/yr

Customer Service Executive Salary

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₹1.75 L/yr - ₹3.2 L/yr

Back Office Executive Salary

(3 salaries)

₹1.8 L/yr - ₹2.2 L/yr

Top skills at Policyboss.com for Insurance Executive

Health Insurance Motor Insurance Back Office Operations General Insurance Insurance General Insurance Communication Skills Excel Operations Telecalling Insurance Operations Motor Insurance General Insurance Sales

Salary related reviews for Policyboss.com

3.0

Rated by 2 employees for salary & benefits

Insurance Executive in Mumbai

Other Department

5.0

• posted on 02 Feb 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus and incentives.

Salary - Excellent

+6 more

Dislikes

Insurance Executive in Panaji

Other Department

1.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Work timings was good.

Dislikes

Salary was not given properly. If target not completed than salary was deducted. And calculation of salary was not explained. Offer letter was not given even after completion of 3months.

Salary - Bad

+6 more

Relationship Manager (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 14 Jul 2024

3.0

for Salary and Benefits

Likes

If you are a field Relationship Manager and you have recruited some good POSPs for your monthly Targets you will not face any pressure and easily do work from home

Dislikes

1. Their technical issue tarriable they provides Insta Pay feature for agent business. but in some cases from my side my agent faced too much issue on LCV they showed Commission but while payment deducted transaction failed than took 7 days to received the policy also payout for that policy not recieved properly. 2. In Other sources Agent doesn't have to pay any fees for getting certified for POSP in this company agent will have to pay onboarding fees of 999 or they will deducted 5,10 Rs from every policy they issues. 3. Their Upper level management team they ignores agent concerns . 4. There is also payout releted issues and this issue will be a challenge to achieve your monthly target. 5. Their portal has some issues like if you select vehicle with correct CC it will issued with different CC in some cases

Skill development - Poor

+4 more

Relationship Manager in Jankpuri West

Other Department

1.0

• posted on 25 Sep 2021

1.0

for Salary and Benefits

Likes

Worst company ever I recently switched this company they guys can never give you proper salary .aur deduct ho bhi aur puchoge toh ultra sidhi chije bolege . t.l manager sirf na am ke h . They guys can never support you team me bhi negativity ha itni . Sbse Worst company h grib yha pr agents bhi sb preshaan h derives se 2 floor ki ye company ek for par aagye kyuki inke pass shifting ke bhi pese the mujhe abhi pta chal ra h Mera fnf ND salary isliye kaati hogi . Iss company me jesa Kiya ha mere sath MN toh bhot legal case krdu. Bhot bekaar company h guys join Mt krna.

Dislikes

Management is 3rd class .

Salary - Bad

+6 more

Sales Executive in Mumbai

Other Department

1.0

• posted on 09 Apr 2021

1.0

for Salary and Benefits

Likes

Third class company in market no job security of employee too much deduction in salary and Incentive poor facility

Dislikes

Cheap and third class facility Not give employee incentive after completing notice period

Salary - Bad

+6 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Policyboss.com Insurance Executive Salary FAQs

What is the notice period for Insurance Executive at Policyboss.com in Mumbai?

According to AmbitionBox, 83% of the Policyboss.com Insurance Executives in Mumbai reported a notice period of 15 days or less, 17% reported a notice period of More than 3 months.This is based on 6 responses on AmbitionBox in last 2 years.

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Policyboss.com Insurance Executive Salaries in Mumbai

Policyboss.com Insurance Executive salary in Mumbai ranges between ₹1.5 Lakh to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Policyboss.com latest salaries received from various employees of Policyboss.com.