Smc Insurance Brokers General Insurance Executive Salaries by 4 Employees

5 - 9 years exp.

₹2.4 Lakhs - ₹3.8 Lakhs

Salary of majority employees

12% more than the average General Insurance Executive Salary in Insurance Companies for 5 - 9 years of experience

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Last Updated: 17 Sep 2023

Companies similar to Smc Insurance Brokers for General Insurance Executive

Company name	Avg Annual Salary	Open Jobs
Shriram General Insurance General Insurance Executive Salary 0 - 6 years exp. (9 salaries)	₹1.2 L/yr - ₹2.8 L/yr 42% less
Cholamandalam MS General Insurance General Insurance Executive Salary 0 - 11 years exp. (5 salaries)	₹1.2 L/yr - ₹3.5 L/yr 16% less
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Universal Sompo General Insurance General Insurance Executive Salary 0 - 12 years exp. (4 salaries)	₹2.3 L/yr - ₹4.8 L/yr 1% less
Kotak Mahindra General Insurance General Insurance Executive Salary 4 - 13 years exp. (3 salaries)	₹1.7 L/yr - ₹6 L/yr 30% more
Mahindra Insurance Brokers General Insurance Executive Salary 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.1 L/yr 35% less
Future Generali India Life Insurance General Insurance Executive Salary 5 - 13 years exp. (3 salaries)	₹1.6 L/yr - ₹3.5 L/yr 13% less

General Insurance Executive salary at Smc Insurance Brokers ranges between ₹2.4 Lakhs to ₹3.8 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Smc Insurance Brokers.

Experience wise Smc Insurance Brokers General Insurance Executive salaries

Last Updated: 17 Sep 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr

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Salary related reviews for Smc Insurance Brokers

3.6

Rated by 2 employees for salary & benefits

General Insurance Executive in New Delhi

Other Department

5.0

• posted on 12 Apr 2021

1.0

for Salary and Benefits

Likes

All are best

Skill development - Excellent

+2 more

Dislikes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair but they not give good salary hike and bonus every year.

Salary - Bad

+1 more

Sales Executive in Noida

Other Department

5.0

• posted on 01 Nov 2018

2.0

for Salary and Benefits

Likes

According my experince,best managent of smc insurance company.and senior behive like a friend.

Promotions - Good

Dislikes

compensation is decent,but growth is slow.i completed my target every month but i am not promoted.this is fact of company.....

Salary - Poor

+4 more

Team Lead in Noida

Full Time

Engineering - Software & QA Department

4.0

• posted on 18 Oct 2023

5.0

for Salary and Benefits

Likes

Gives chance to freshers. Salary in time. Give opportunities to grow.

Salary - Excellent

+6 more

Dislikes

There is scope of improvement in every company so is with SMC insurance. They need improvement in team structure and need to work on how to priorities the task.

Area Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 14 Jul 2023

1.0

for Salary and Benefits

Likes

Disgusting company h....meri salary kha gyi... disgusting company to work ever...Rahul Mittal name ka cheated man h company m RH bna baitha h...Sabki salry kha jatah....neech admi h ...Rahul Mittal...dont work ever here...

Dislikes

Disgusting ever company. Dont paid salry ever.false commitment and cheated people upper HR and ceo cmd and RH all... disgusting people

Salary - Bad

+6 more

Area Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 04 Feb 2023

2.0

for Salary and Benefits

Likes

Nothing Worth Mentioning Salary On Time Only

Dislikes

No Job Security Before Completing Probation They Will Seperate One Employee Stating Productivity Issue For The Sake Of GMC and GPA Coverage Post Probation And Notice Period 60 Days No On Job Training No Clarity On Months Target No KPI No Incentive For Sales People No Contest, RNR For Agents and Intermediary

Salary - Poor

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Smc Insurance Brokers General Insurance Executive Salary FAQs

What is the salary of General Insurance Executive at Smc Insurance Brokers ?

The average salary of a General Insurance Executive at Smc Insurance Brokers in India typically ranges from ₹2.4 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of General Insurance Executive at Smc Insurance Brokers earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. General Insurance Executive Salaries at Smc 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 Smc Insurance Brokers employees in India.

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

The estimated take-home salary of a General Insurance Executive at Smc Insurance Brokers in India typically ranges from ₹21,748 to ₹23,235 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 5 years to 9 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 Smc Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Smc Insurance Brokers for General Insurance Executive in India?

Kotak Mahindra General Insurance

₹1.7 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a General Insurance Executive in companies similar to Smc Insurance Brokers in India?

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

Universal Sompo General Insurance	₹2.3 Lakhs to ₹4.8 Lakhs per year
Future Generali India Life Insurance	₹1.6 Lakhs to ₹3.5 Lakhs per year
Cholamandalam MS General Insurance	₹1.2 Lakhs to ₹3.5 Lakhs per year
Mahindra Insurance Brokers	₹1.8 Lakhs to ₹2.1 Lakhs per year
Shriram General Insurance	₹1.2 Lakhs to ₹2.8 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 General Insurance Executive at Smc Insurance Brokers in India?

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

Experience	Average Salary Range
5 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
6 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
7 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
8 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Smc Insurance Brokers General Insurance Executive Salaries

Smc Insurance Brokers General Insurance Executive salary in India ranges between ₹2.4 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Smc Insurance Brokers latest salaries received from various employees of Smc Insurance Brokers.