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Sundaram Finance Insurance Associate salaries in India

Annual salary range
2 - 5 years exp.
₹2.2 Lakhs - ₹2.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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32% less than the average Insurance Associate Salary in NBFC Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Associate Salary
3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Finance & Accounting
Insurance Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.4 L/yr

Last Updated: 29 Nov 2023

Companies similar to Sundaram Finance for Insurance Associate

Company name Avg Annual Salary Open Jobs
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₹1.7 L/yr - ₹2 L/yr

arrow icon 18% less
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₹1.2 L/yr - ₹7.9 L/yr

arrow icon 31% more
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MetLife Insurance Associate Salary

0 - 6 years exp. (184 salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 75% more
1 job opening
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TCS Insurance Associate Salary

0 - 4 years exp. (95 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 10% more
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Accenture Insurance Associate Salary

0 - 5 years exp. (63 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 41% more
Insurance Associate salary at Sundaram Finance ranges between ₹2.2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Sundaram Finance.

Latest annual salaries shared by Sundaram Finance Insurance Associate

1y ago
₹2.5 Lakhs
5 years exp.
1y ago
₹2.2 Lakhs
4 years exp.
1y ago
₹2.3 Lakhs
3 years exp.
1y ago
₹2.2 Lakhs
2 years exp.

Experience wise Sundaram Finance Insurance Associate salaries

Last Updated: 29 Nov 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in Sundaram Finance

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₹1.6 L/yr - ₹4 L/yr
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₹1.1 L/yr - ₹2.5 L/yr
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₹1.75 L/yr - ₹2.5 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
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₹1.3 L/yr - ₹2.45 L/yr
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₹3 L/yr - ₹12 L/yr
Quality Analyst Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Analyst Salary
(5 salaries)
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₹2 L/yr - ₹2.9 L/yr
Supervisor Salary
(3 salaries)
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₹0.5 L/yr - ₹3.6 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Sundaram Finance

3.6

Rated by 3 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 03 May 2023

2.0
 for  Salary and Benefits

Likes

Job security, family based environment and sundaram values that existed in past.

  • Job security - Good

Dislikes

Transfer to other deparments without discussion, slow promotions, Employee unfriendly salary structures, NO time for family.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Credit Operation Department

5.0
  •  posted on 05 Apr 2022

3.0
 for  Salary and Benefits

Likes

...ds on how one takes advantage of the same. Support from management for learning. Not big on compensation for middle level employees.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Appraisal and compensation.

Finance & Accounting Department

5.0
  •  posted on 31 Oct 2019

3.0
 for  Salary and Benefits

Likes

This is like a gurukulam where we can learn end to end process in accounting. Give lot of exposures from bottom to top. Employee are not just colleguge they will be like a family member.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Slow growth in terms of compensation.

Full Time

 · 

Other Department

4.0
  •  posted on 31 Jan 2025

3.0
 for  Salary and Benefits

Likes

You can develop your overall skills. One of the best company to start your career. You will learn from basics and get time to develop yourself. People are supportive and helpful.

read more
  • Skill development - Good
  • +2 more

Dislikes

Promotion are very slow and salary breakup is very bad most part of the salary is shown as allowance. Also you have to do all the work like sourcing,fi, disbursement, collection, repo all the things though it is good that you will learn all the things but very hectic to achieve the monthly numbers. Motive period is of 3 months.

read more
  • Job security - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 17 Sep 2023

3.0
 for  Salary and Benefits

Likes

I like that no matter what your salary gets credited on the last day of every month. I like the fact that even during the Covid, there were not major layoffs. I like that the company gives 2 Saturdays off in a month, so you don't have to work 6 days every week.

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  • Job security - Good

Dislikes

I don't like that most of the responsibilities are on the shoulders of Cashiers of the branch, every day he has to reach office at 9:30am sharp and open the office (while the field staff can come late at 10:30am) and have to sit in the evening till 7 or 8 sometimes till everybody leaves because he is the one who has to close the office. Cashier's duties are not limited but can extend upon the work given to him. He has to make arrangements to fix any issues that the branch faces, right from IT related issues to electrical failures from handling sweepers etc. The company is very conservative, you'll have to provide proof for every penny spent from company's account. Moreover, company's polices of making payment to vendors/suppliers is pathetic, supplier will have to provide lots of documents so that their code is created in the company, most of the small vendors will not provide so many details. Even after opening the code company will cut the TDS and make the payment to the vendor. I'm not even mentioning other tasks a cashier has to perform because the list is too long, and most of the tasks I take it as my duty even though it does not come under my job profile.

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  • Promotions - Poor
  • +2 more
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Sundaram Finance Insurance Associate Salary FAQs

What is the salary of Insurance Associate at Sundaram Finance ?
The average salary of a Insurance Associate at Sundaram Finance in India typically ranges from ₹2.2 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Insurance Associate at Sundaram Finance earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Insurance Associate Salaries at Sundaram Finance 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 Sundaram Finance employees in India.
What is the estimated take home salary of a Insurance Associate at Sundaram Finance in India?
The estimated take-home salary of a Insurance Associate at Sundaram Finance in India typically ranges from ₹15,814 to ₹17,452 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 2 years to 5 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 Sundaram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Sundaram Finance for Insurance Associate in India?
MetLife ₹1.0 Lakhs to ₹5.5 Lakhs per year
Accenture ₹2.0 Lakhs to ₹4.8 Lakhs per year
Bharat Financial Inclusion ₹1.2 Lakhs to ₹7.9 Lakhs per year
TCS ₹1.5 Lakhs to ₹3.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Sundaram Finance, depending on the role and experience level.
What is the salary of a Insurance Associate in companies similar to Sundaram Finance in India?
The salary of a Insurance Associate at companies similar to Sundaram Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Spandana Sphoorty Financial ₹1.7 Lakhs to ₹2.0 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 Insurance Associate at Sundaram Finance in India?
The salary growth for a Insurance Associate at Sundaram Finance depends on factors such as experience, performance, and promotions. On average, a Insurance Associate can expect the following growth trajectory at Sundaram Finance:

Experience Average Salary Range
2 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.6 Lakhs per year
4 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
5 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
and so on.

Tell us how to improve this page.

Sundaram Finance Insurance Associate salary in India ranges between ₹2.2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Sundaram Finance latest salaries received from various employees of Sundaram Finance.