Swiss Re Mumbai Associate Salaries by 3 Employees (Updated 2025)

1 - 5 years exp.

₹10 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

72% more than the average Associate Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 24 Sep 2023

Companies similar to Swiss Re for Associate in Mumbai

Swiss Re Associate Salary

1 - 5 years exp. (3 salaries)

₹10 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Associate Salary 1 - 8 years exp. (57 salaries)	₹1.8 L/yr - ₹5.2 L/yr 71% less
ICICI Lombard General Insurance Company Associate Salary 0 - 5 years exp. (20 salaries)	₹1.1 L/yr - ₹3.3 L/yr 81% less
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Tata AIG Associate Salary 0 - 6 years exp. (43 salaries)	₹1.6 L/yr - ₹3 L/yr 83% less
ICICI Prudential Life Insurance Associate Salary 0 - 7 years exp. (138 salaries)	₹1.7 L/yr - ₹4.4 L/yr 75% less
HDFC Life Associate Salary 0 - 4 years exp. (131 salaries)	₹1 L/yr - ₹3.3 L/yr 85% less
Aditya Birla Health Insurance Co Associate Salary 1 - 8 years exp. (31 salaries)	₹2.2 L/yr - ₹4 L/yr 76% less
Kotak Mahindara Life Insurance Associate Salary 1 - 7 years exp. (27 salaries)	₹1.3 L/yr - ₹2.6 L/yr 84% less
SBI Life Insurance Company Associate Salary 1 - 7 years exp. (26 salaries)	₹1.3 L/yr - ₹4.5 L/yr 81% less
Future Generali India Life Insurance Associate Salary 1 - 6 years exp. (15 salaries)	₹1.5 L/yr - ₹4 L/yr 79% less
Aditya Birla Sun Life Insurance Associate Salary 0 - 5 years exp. (14 salaries)	₹1.7 L/yr - ₹3 L/yr 80% less
Tata AIA Life Insurance Associate Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4.4 L/yr 75% less
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Associate salary at Swiss Re ranges between ₹10 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Swiss Re.

Experience wise Swiss Re Associate salaries in Mumbai

Last Updated: 24 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹10 L/yr - ₹20.4 L/yr
2 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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3 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹15 L/yr

Similar Designation salaries in Swiss Re

Assistant Vice President Salary

(6 salaries)

₹15.45 L/yr - ₹36 L/yr

Salary related reviews for Swiss Re

2.0

Rated by 1 employees for salary & benefits

Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 18 Jun 2023

2.0

for Salary and Benefits

Likes

- Good work life balance - Decent work but it definitely depends on the team you are on - Good benefits/insurance - As of June 2023, they still have hybrid work mode (3 days office, 2 days wfh)

Skill development - Good

+3 more

Dislikes

- Low pay compared to competitors/industry standards - Experience is given more emphasis than merit - No free cab services/food (unless you work very odd hours)

Salary - Poor

+1 more

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Apr 2023

3.0

for Salary and Benefits

Likes

Nothing really

Company culture - Good

+1 more

Dislikes

Compensation way too less based on market standard. HRs are not communicative, Promotion chances are next to zero. Only if you can roam around top management then you have a chance of moving up.

Skill development - Poor

+3 more

Senior Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

Swiss Re is a great place where you really get to expand your horizon as an Individual as well as a team player. They really care about their employees and this is reflected in rhe infra structure and other support they offer

Job security - Good

+3 more

Dislikes

Pay scale could be better

Promotions - Poor

Assistant Vice President Finance in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 29 Jan 2023

1.0

for Salary and Benefits

Likes

Office is at good location

Dislikes

Management boost about low pay due to very good work life balance. But you never get that so called work life balance. There is so much traction in between teams and work culture is bad. Attraction is above 40% in finance and it put enormous pressure on existing resources with no forward looking career plan. Overall a bad organization to work with in terms of pay, work life balance, learning. One can join the organisation to see how simple things can be ruined.

Salary - Bad

+6 more

Director -Insurance IT in Bangalore Rural

Full Time

Project & Program Management Department

4.0

• posted on 15 Jan 2022

4.0

for Salary and Benefits

Likes

...like traditional IT companies where manager and above decides employee future. Best place to work with excellent package

Salary - Good

+6 more

Dislikes

No long term opportunities

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Swiss Re Associate Salary FAQs

What is the notice period for Associate at Swiss Re in Mumbai?

According to AmbitionBox, 100% of the Swiss Re Associates in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Swiss Re Associate salary in Mumbai ranges between ₹10 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Swiss Re latest salaries received from various employees of Swiss Re.