Policyboss.com Mumbai Insurance Executive Salaries by 3 Employees (Updated 2024)

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. (29 salaries)	₹2.1 L/yr - ₹4 L/yr 3% more
Capita Insurance Executive Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹3.5 L/yr 7% more
Accenture Insurance Executive Salary 0 - 5 years exp. (9 salaries)	₹1.8 L/yr - ₹6.5 L/yr 17% more

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

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Customer Service Executive Salary

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MIS Executive Salary

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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.

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.

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

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 .

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

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a technical project manager

Deadend

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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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.