Prudent Insurance Brokers Mumbai Vice President Salaries by 4 Employees (Updated 2025)

15 - 24 years exp.

₹30.4 Lakhs - ₹54 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Vice President Salary in Insurance Companies for 15 - 24 years of experience

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Salaries in different departments

Sales & Business Development Vice President Salary 20 - 24 years exp. (3 salaries)	₹32.5 L/yr - ₹54 L/yr
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BFSI, Investments & Trading Vice President Salary 15 years exp. (AmbitionBox Estimate)	₹30.4 L/yr - ₹36.9 L/yr

Last Updated: 22 Mar 2025

Companies similar to Prudent Insurance Brokers for Vice President in Mumbai

Prudent Insurance Brokers Vice President Salary

15 - 24 years exp. (4 salaries)

₹30.4 L/yr - ₹54 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Vice President Salary 11 - 24 years exp. (29 salaries)	₹16 L/yr - ₹60 L/yr 6% less
Tata AIG Vice President Salary 15 - 26 years exp. (21 salaries)	₹29 L/yr - ₹50 L/yr 14% more
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SBI Life Insurance Company Vice President Salary 10 - 20 years exp. (18 salaries)	₹20 L/yr - ₹62 L/yr 17% more
Tata AIA Life Insurance Vice President Salary 15 - 20 years exp. (10 salaries)	₹31 L/yr - ₹97 L/yr 104% more
Future Generali India Life Insurance Vice President Salary 18 - 27 years exp. (9 salaries)	₹30 L/yr - ₹54 L/yr 11% more
Bajaj Allianz Life Insurance Vice President Salary 14 - 21 years exp. (8 salaries)	₹42 L/yr - ₹73 L/yr 48% more
Aditya Birla Health Insurance Co Vice President Salary 14 - 20 years exp. (5 salaries)	₹51 L/yr - ₹97 L/yr 136% more
Bharti AXA Life Insurance Vice President Salary 15 - 19 years exp. (3 salaries)	₹56.1 L/yr - ₹98 L/yr 100% more

Vice President salary at Prudent Insurance Brokers ranges between ₹30.4 Lakhs to ₹54 Lakhs per year for employees with experience between 15 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of Prudent Insurance Brokers.

Experience wise Prudent Insurance Brokers Vice President salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹30.4 L/yr - ₹54 L/yr
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Similar Designation salaries in Prudent Insurance Brokers

Assistant Vice President Salary

(7 salaries)

₹15.86 L/yr - ₹25.5 L/yr

Top skills at Prudent Insurance Brokers for Vice President

Reinsurance Underwriting

Salary related reviews for Prudent Insurance Brokers

4.0

Rated by 1 employees for salary & benefits

Reporting Analyst(CPU Data Management ) in Hyderabad / Secunderabad

Full Time

Other Department

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

Skill development - Bad

+3 more

Assistant Vice President in Chennai

Customer Retention Department

4.0

• posted on 19 Apr 2022

4.0

for Salary and Benefits

Likes

Ambition of promoters is excellent, good place to learn and grow. Culture is amazing.

Salary - Good

+6 more

Dislikes

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

+1 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Prudent Insurance Brokers Vice President Salary FAQs

What is the salary of Vice President at Prudent Insurance Brokers in Mumbai?

The average salary of a Vice President at Prudent Insurance Brokers in Mumbai typically ranges from ₹30.4 Lakhs to ₹54.0 Lakhs per year, depending on experience (from 15 years to 24 years).

The top 10% of Vice President in Mumbai at Prudent Insurance Brokers earn more than ₹54.0 Lakhs per year, and the top 1% earn over ₹54.0 Lakhs per year. Vice President 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 Vice President at Prudent Insurance Brokers in Mumbai?

The estimated take-home salary of a Vice President at Prudent Insurance Brokers in Mumbai typically ranges from ₹2,19,953 to ₹2,28,761 per month. This is based on the average salary range of ₹30.4 Lakhs to ₹54.0 Lakhs per year for employees with experience ranging from 15 years to 24 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 are the key skills required to be a Vice President at Prudent Insurance Brokers in Mumbai?

To be a Vice President at Prudent Insurance Brokers in Mumbai, the key skills required include:

- Reinsurance
- Underwriting

These skills are highly valued at Prudent Insurance Brokers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Prudent Insurance Brokers for Vice President in India?

Aditya Birla Health Insurance Co	₹51.0 Lakhs to ₹97.0 Lakhs per year
Tata AIA Life Insurance	₹31.0 Lakhs to ₹97.0 Lakhs per year
Bharti AXA Life Insurance	₹56.1 Lakhs to ₹98.0 Lakhs per year
Bajaj Allianz Life Insurance	₹42.0 Lakhs to ₹73.0 Lakhs per year
SBI Life Insurance Company	₹20.0 Lakhs to ₹62.0 Lakhs per year

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

What is the salary of a Vice President in companies similar to Prudent Insurance Brokers in Mumbai?

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

Tata AIG	₹29.0 Lakhs to ₹50.0 Lakhs per year
Future Generali India Life Insurance	₹30.0 Lakhs to ₹54.0 Lakhs per year
Reliance Nippon Life Insurance	₹16.0 Lakhs to ₹60.0 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 Vice President at Prudent Insurance Brokers in Mumbai?

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

Experience	Average Salary Range
15 years	₹30.4 Lakhs to ₹54.0 Lakhs per year

and so on.

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Prudent Insurance Brokers Vice President Salaries in Mumbai

Prudent Insurance Brokers Vice President salary in Mumbai ranges between ₹30.4 Lakhs to ₹54 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.