Prem Motors Insurance Executive Salaries by 5 Employees

2 - 4 years exp.

₹1.7 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Insurance Executive Salary in Automobile Companies for 2 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.4 L/yr
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Marketing & Communication Insurance Executive Salary 4 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.8 L/yr

Last Updated: 5 Jun 2024

Companies similar to Prem Motors for Insurance Executive

Company name	Avg Annual Salary	Open Jobs
Maruti Suzuki Insurance Executive Salary 1 - 6 years exp. (55 salaries)	₹1 L/yr - ₹3 L/yr 8% less
Tata Motors Insurance Executive Salary 1 - 6 years exp. (21 salaries)	₹1 L/yr - ₹2.6 L/yr 8% less
Login to view exact salary
Mahindra & Mahindra Insurance Executive Salary 1 - 4 years exp. (6 salaries)	₹1.2 L/yr - ₹4.5 L/yr 3% more
Hyundai Motor India Limited Insurance Executive Salary 1 - 6 years exp. (13 salaries)	₹1.3 L/yr - ₹3.1 L/yr 15% more
Honda Cars Insurance Executive Salary 2 - 6 years exp. (3 salaries)	₹1.4 L/yr - ₹2 L/yr 14% less
Ford Motor Insurance Executive Salary 1 - 9 years exp. (4 salaries)	₹1.5 L/yr - ₹3.6 L/yr 14% less
Renault Insurance Executive Salary 7 - 9 years exp. (3 salaries)	₹1.9 L/yr - ₹3.5 L/yr 14% more
Toyota Kirloskar Motor Insurance Executive Salary 0 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹3 L/yr 47% more
Volkswagen Insurance Executive Salary 0 - 3 years exp. (4 salaries)	₹1 L/yr - ₹3 L/yr 19% more
Popular Vehicles and Services Insurance Executive Salary 0 - 6 years exp. (7 salaries)	₹1.2 L/yr - ₹2.2 L/yr 13% less
Varun Motors Insurance Executive Salary 0 - 2 years exp. (7 salaries)	₹1.2 L/yr - ₹3.5 L/yr 17% more
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Nexa Insurance Executive Salary 0 - 9 years exp. (3 salaries)	₹1.1 L/yr - ₹1.4 L/yr 30% less
T.v. Sundram Iyengar & Sons Insurance Executive Salary 1 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 34% more

Insurance Executive salary at Prem Motors ranges between ₹1.7 Lakh to ₹2.4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Prem Motors.

Experience wise Prem Motors Insurance Executive salaries

Last Updated: 5 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.7 L/yr
3 years (3 salaries)	₹2 L/yr - ₹2.4 L/yr
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4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.6 L/yr

Similar Designation salaries in Prem Motors

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(33 salaries)

₹1 L/yr - ₹4 L/yr

MIS Executive Salary

(4 salaries)

₹3 L/yr - ₹3 L/yr

Back Office Executive Salary

(6 salaries)

₹1.32 L/yr - ₹2.5 L/yr

Operations Executive Salary

(5 salaries)

₹1.2 L/yr - ₹2.9 L/yr

Customer Care Executive Salary

(15 salaries)

₹1.1 L/yr - ₹2.75 L/yr

Customer Service Executive Salary

(5 salaries)

₹2 L/yr - ₹2.9 L/yr

Office Assistant Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Computer Operator Salary

(3 salaries)

₹1 L/yr - ₹3.2 L/yr

Data Entry Operator Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Team Lead Salary

(13 salaries)

₹1.62 L/yr - ₹3 L/yr

Salary related reviews for Prem Motors

2.5

Rated by 3 employees for salary & benefits

Relationship Manager in Gwalior

Sales & Business Development Department

3.0

• posted on 27 Nov 2019

2.0

for Salary and Benefits

Likes

Prem motors easily accept freshers or from other field employee so being a fresher it is good opportunity to get experience in automobiles And enhance your skill with their soft skills training programs.

Skill development - Good

Dislikes

Salary structure not well, few appraisal, work environment not good for experienced employee, very slow career growth.

Salary - Poor

+3 more

Sales Executive in Agra

Sales & Business Development Department

3.0

• posted on 07 Jan 2019

3.0

for Salary and Benefits

Likes

The company is good for a new start for Freshers in sales and marketing job profile and work environment is also quite good to work and learn about the Maruti Suzuki products and their technology.

Dislikes

...Thier insensitive schemes is quite easy to get a good compensation and benefits. But the work pressure is high, the working hours also hectic in comparison to the salary they provided.

Promotions - Poor

+2 more

Senior Accounts Executive in Jaipur

Full Time

Finance & Accounting Department

1.0

• posted on 03 Mar 2024

2.0

for Salary and Benefits

Likes

Good for initial job as freshee

Work-life balance - Good

Dislikes

...en by senior management. Even main company boss dont listen to junior employee. If you are joining on higher level or big salary no body will cooprate you.

Salary - Poor

+4 more

Assistant Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 14 Mar 2024

1.0

for Salary and Benefits

Likes

YOU CAN LEARN HERE A LOT The Owner is also very Good.

Dislikes

1. HR's most important duety is only how to cut the salary of employees. No any support of HR to low or mid level employees. 2. Only top management get promoted and also get hike too. 3. No full FnF provide to employees, and if you want to get FnF you need to file a case in labour court. 4. Join there for training purposes only. Learn and go to some other dealers. 5. No matter how loyal and hard working employees you are if you don't get chamchami you means nothing for company. 6. There some people who get more than 70K salary only for chamchagiri.

Salary - Bad

+5 more

Audit Executive in New Delhi

Full Time

Finance & Accounting Department

1.0

• posted on 18 Nov 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Prem motors use so many terms like DGM ,AGM and many more never justify their salary also they are very efficient in cost cutting by imposing unethical penalties on employees. Worst company. If really work for future growth then never consider prem motors they just use you as labour no matter what qualifications you hold.

Salary - Bad

+6 more

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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Prem Motors Insurance Executive Salary FAQs

What is the salary of Insurance Executive at Prem Motors ?

The average salary of a Insurance Executive at Prem Motors in India typically ranges from ₹1.7 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Insurance Executive at Prem Motors earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Insurance Executive Salaries at Prem Motors 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 5 Prem Motors employees in India.

What is the estimated take home salary of a Insurance Executive at Prem Motors in India?

The estimated take-home salary of a Insurance Executive at Prem Motors in India typically ranges from ₹13,902 to ₹15,375 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 2 years to 4 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 5 salaries received from various employees of Prem Motors. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Prem Motors for Insurance Executive in India?

Toyota Kirloskar Motor	₹2.9 Lakhs to ₹3.0 Lakhs per year
T.v. Sundram Iyengar & Sons	₹2.1 Lakhs to ₹3.0 Lakhs per year
Volkswagen	₹1.0 Lakhs to ₹3.0 Lakhs per year
Varun Motors	₹1.2 Lakhs to ₹3.5 Lakhs per year
Hyundai Motor India Limited	₹1.3 Lakhs to ₹3.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Prem Motors, depending on the role and experience level.

What is the salary of a Insurance Executive in companies similar to Prem Motors in India?

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

Renault	₹1.9 Lakhs to ₹3.5 Lakhs per year
Mahindra & Mahindra	₹1.2 Lakhs to ₹4.5 Lakhs per year
Maruti Suzuki	₹1.0 Lakhs to ₹3.0 Lakhs per year
Tata Motors	₹1.0 Lakhs to ₹2.6 Lakhs per year
Popular Vehicles and Services	₹1.2 Lakhs to ₹2.2 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 Executive at Prem Motors in India?

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

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹3.7 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.4 Lakhs per year
4 years	₹1.7 Lakhs to ₹3.6 Lakhs per year

and so on.

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Prem Motors Insurance Executive Salaries

Prem Motors Insurance Executive salary in India ranges between ₹1.7 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Prem Motors latest salaries received from various employees of Prem Motors.