Prudent Insurance Brokers Collections Executive Salaries by 4 Employees

5 - 10 years exp.

₹3.1 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

39% more than the average Collections Executive Salary in Insurance Companies for 5 - 10 years of experience

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Salaries in different departments

Finance & Accounting Collections Executive Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Collections Executive Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

Last Updated: 23 Jun 2023

Companies similar to Prudent Insurance Brokers for Collections Executive

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Collections Executive Salary 0 - 5 years exp. (8 salaries)	₹1.2 L/yr - ₹3 L/yr 47% less
Niva Bupa Health Insurance Company Collections Executive Salary 2 - 9 years exp. (4 salaries)	₹1.1 L/yr - ₹3.8 L/yr 30% less
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Bajaj Allianz Life Insurance Collections Executive Salary 1 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr 50% less
HDB Financial Services Collections Executive Salary 0 - 7 years exp. (407 salaries)	₹1.1 L/yr - ₹4.2 L/yr 33% less	2 job openings
Jana Small Finance Bank Collections Executive Salary 0 - 6 years exp. (275 salaries)	₹1.2 L/yr - ₹4 L/yr 30% less	1 job opening

Collections Executive salary at Prudent Insurance Brokers ranges between ₹3.1 Lakhs to ₹4 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Prudent Insurance Brokers.

Experience wise Prudent Insurance Brokers Collections Executive salaries

Last Updated: 23 Jun 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

View all

Salary related reviews for Prudent Insurance Brokers

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3.0

• posted on 26 Sep 2023

3.0

for Salary and Benefits

Likes

When any emergency or in needy they will accept Work from Home.

Job security - Excellent

Dislikes

If weekend comes you need to work from until you open the laptop you will get non stop calls. Seniors are very worst not at all supportable

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Assistant Vice President in Chennai

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4.0

• posted on 19 Apr 2022

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Salary - Good

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Leaders at location are not good leaders but a good politician. No proper HR setup or forum to address employee grievances. Many are being emotionally harassed.

Senior Collection Executive in Mumbai

Finance & Accounting Department

2.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

Job Security only

Dislikes

Threatening about increament every time, No respect for personal life, Egoistic management people, No proper HR who can help to employees, i will jot suggest any one to join this organisation

Salary - Bad

+5 more

Management Trainee in Bangalore / Bengaluru

Service Department

1.0

• posted on 28 Jan 2019

1.0

for Salary and Benefits

Likes

Nil

Dislikes

No culture. No standards. Management deliberately torture the employees if they are leaving the company. Company keeps obligation to other channel partners like Insurance companies that they should not hire the prudent employees. Therefore one will end up of not getting job in insurance industry once they quit Prudent.

Salary - Bad

+6 more

Client Servicing/Key Account Manager in Bangalore / Bengaluru

Operations - Client servicing Department

4.0

• posted on 11 Oct 2019

1.0

for Salary and Benefits

Likes

Learning

Skill development - Good

+2 more

Dislikes

Salary will never meet our expectations and never balance for the work load they give. People will not support for our hardwork/ smartwork instead they screw our happiness by putting loads of work pressure.

Salary - Bad

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Prudent Insurance Brokers Collections Executive Salary FAQs

What is the salary of Collections Executive at Prudent Insurance Brokers ?

The average salary of a Collections Executive at Prudent Insurance Brokers in India typically ranges from ₹3.1 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Collections Executive at Prudent Insurance Brokers earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Collections Executive Salaries at Prudent Insurance Brokers 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 Prudent Insurance Brokers employees in India.

What is the estimated take home salary of a Collections Executive at Prudent Insurance Brokers in India?

The estimated take-home salary of a Collections Executive at Prudent Insurance Brokers in India typically ranges from ₹26,473 to ₹27,890 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 5 years to 10 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 Prudent Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Collections Executive in companies similar to Prudent Insurance Brokers in India?

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

Jana Small Finance Bank	₹1.2 Lakhs to ₹4.0 Lakhs per year
Niva Bupa Health Insurance Company	₹1.1 Lakhs to ₹3.8 Lakhs per year
HDB Financial Services	₹1.1 Lakhs to ₹4.2 Lakhs per year
Reliance Nippon Life Insurance	₹1.2 Lakhs to ₹3.0 Lakhs per year
Bajaj Allianz Life Insurance	₹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 Collections Executive at Prudent Insurance Brokers in India?

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

Experience	Average Salary Range
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
6 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
7 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
8 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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Prudent Insurance Brokers Collections Executive Salaries

Prudent Insurance Brokers Collections Executive salary in India ranges between ₹3.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Prudent Insurance Brokers latest salaries received from various employees of Prudent Insurance Brokers.