Upload Button Icon Add office photos
filter salariesFilter salaries by

The New India Assurance Co. Insurance Agent salaries in India

Annual salary range
0 - 4 years exp.
₹2 Lakhs - ₹3 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

7% less than the average Insurance Agent Salary in Insurance Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Insurance Agent Salary
0 - 2 years exp. (3 salaries)
unlock-blur

₹1.7 L/yr - ₹3 L/yr

Marketing & Communication
Insurance Agent Salary
4 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.5 L/yr - ₹3.7 L/yr

Sales & Business Development
Insurance Agent Salary
2 years exp. (AmbitionBox Estimate)
unlock-blur

₹1.9 L/yr - ₹2.5 L/yr

Last Updated: 23 Aug 2024

Companies similar to The New India Assurance Co. for Insurance Agent

Company name Avg Annual Salary Open Jobs
unlock blur

₹0.6 L/yr - ₹5 L/yr

arrow icon 13% more
unlock blur

₹1.1 L/yr - ₹3 L/yr

arrow icon 3% less
unlock blur

₹1.2 L/yr - ₹3 L/yr

arrow icon 2% less
unlock blur

₹1.2 L/yr - ₹3.5 L/yr

arrow icon 4% more
unlock blur

₹1.2 L/yr - ₹6.5 L/yr

arrow icon 29% more
unlock blur

₹2.4 L/yr - ₹3.5 L/yr

arrow icon 30% more
unlock blur

₹1 L/yr - ₹1.8 L/yr

arrow icon 34% less
Logo
HDFC Life Insurance Agent Salary

0 - 2 years exp. (5 salaries)

unlock blur

₹1.3 L/yr - ₹3 L/yr

arrow icon 3% less
unlock blur

₹1.2 L/yr - ₹3.5 L/yr

arrow icon 33% more
Logo
MetLife Insurance Agent Salary

0 - 5 years exp. (4 salaries)

unlock blur

₹0.6 L/yr - ₹3 L/yr

arrow icon 11% less
unlock blur

₹2.4 L/yr - ₹4.5 L/yr

arrow icon 75% more
Logo
PNB MetLife Insurance Agent Salary

0 - 1 year exp. (4 salaries)

unlock blur

₹1 L/yr - ₹3.6 L/yr

arrow icon 4% more
unlock blur

₹1.1 L/yr - ₹2.5 L/yr

arrow icon 6% less
Logo
Shriram Life Insurance Insurance Agent Salary

2 - 12 years exp. (3 salaries)

unlock blur

₹1 L/yr - ₹2.8 L/yr

arrow icon 10% less
Logo
SBI General Insurance Insurance Agent Salary

0 - 3 years exp. (3 salaries)

unlock blur

₹1.6 L/yr - ₹2.2 L/yr

arrow icon 12% less
unlock blur

₹1.5 L/yr - ₹4 L/yr

arrow icon 31% more
unlock blur

₹0.6 L/yr - ₹5 L/yr

arrow icon 33% more
Insurance Agent salary at The New India Assurance Co. ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 9 latest salaries received from various employees of The New India Assurance Co..

Latest annual salaries shared by The New India Assurance Co. Insurance Agent

4mo ago
avg blur mobile
4 years exp.
11mo ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
9 months exp.
1y ago
avg blur mobile
1 year exp.

Experience wise The New India Assurance Co. Insurance Agent salaries

Last Updated: 23 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹2 L/yr - ₹3.8 L/yr
1 year  (3 salaries)

unlock blur

₹2 L/yr - ₹3 L/yr
2 years  (3 salaries)

unlock blur

₹0.9 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹0.9 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹0.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in The New India Assurance Co.

Insurance Executive Salary
(AmbitionBox Estimate)
unlock blur
₹2.7 L/yr - ₹3.5 L/yr
Agent Salary
(10 salaries)
unlock blur
₹1.8 L/yr - ₹8 L/yr
Deputy Manager Salary
(11 salaries)
unlock blur
₹17 L/yr - ₹26 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹0.9 L/yr - ₹1.2 L/yr
Supervisor Salary
(AmbitionBox Estimate)
unlock blur
₹0.2 L/yr - ₹0.2 L/yr
unlock blur
₹1.5 L/yr - ₹5 L/yr
unlock blur
₹5.2 L/yr - ₹12 L/yr
Financial Advisor Salary
(AmbitionBox Estimate)
unlock blur
₹3.1 L/yr - ₹3.9 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
unlock blur
₹6.7 L/yr - ₹8.5 L/yr
unlock blur
₹1.45 L/yr - ₹2.4 L/yr

Salary related reviews for The New India Assurance Co.

4.3

Rated by 9 employees for salary & benefits

Full Time

 · 

Other Department

4.0
  •  posted on 12 May 2024

4.0
 for  Salary and Benefits

Likes

... claims hub department is very good.Employees help the newly recruited officers.Salary is decent.Various incentives by the company.

read more
  • Salary - Good
  • +6 more

Dislikes

The salary is decent but not that high.wage revision is pending.

Other Department

2.0
  •  posted on 26 Mar 2021

3.0
 for  Salary and Benefits

Likes

it gives you the freedom to learn and experience with topmost company in the industry.Job is secured but rewards do not follow the contributions made.HR policy is very outdated and management is typical PSU,

read more
  • Job security - Excellent
  • +1 more

Dislikes

Career growth is slow ,salary is a constraint for quality and best brains are not available, lack of dynamism but work life balance is not very demanding.Work environment is average if not outstanding.

read more
  • Skill development - Poor
  • +1 more

BFSI, Investments & Trading Department

5.0
  •  posted on 17 Sep 2017

5.0
 for  Salary and Benefits

Likes

...ny.There is ample scope for quick promotions now and one can rise to high cadre. The salary of the New Indian's is very high compared to the salary given by banks to similar cadre.There are also lot of facilities like housing loan,vehicle loan,leave encashment once in 2 years,Leave travel facility,holiday home facility,maternity and paternity leave,

read more
  • Salary - Excellent
  • +6 more

Dislikes

Employee's have cent percent job security.There is also good team work among them.Normally work pressure is felt on the employees especially those who are good workers.But these are ignored by the management when any small complaints lodged against them by the public which actually would have been the crooked conspiracy of vested interest persons resulting in stalling the promotion prospects of hard working employees.Since Regional In charges are the recommending authority for grant of promotion by head office and these people will not be familiar to us due to their coming from other states and may not be knowing the working efficiency of the particular person,simply discard him just because of the falls complaints. There are now lot of forums like RTI act,consumer forums,civil courts for redressing the grievances of the public with respect to claims,policy issuing etc.

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jun 2023

5.0
 for  Salary and Benefits

Likes

Excellent work culture. Highly knowledgeable staff and Supportive Management. All pahments made within time limit and Cwiss System is Excellent. In my opinion, The New India is my 2nd mother. I LOVE NEW INDIA FROM CORE OF MY HEART. NEW INIDA ASSURANCE IS GREAT COMPANY AND I SALUTE TO ALL AND FEEL PROUD EMPLOYEE OF THIS GREAT AND LEADER COMPANY

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing except offices should be renovated as per New Modern Techniques so that Ambience look like Leader Company.

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 21 Jul 2023

2.0
 for  Salary and Benefits

Likes

Work pressure is relatively less.

  • Job security - Excellent
  • +1 more

Dislikes

The list can go on forever. Only people who have links inside with senior management can make their way up. HR department is pathetic and least concerned about employees.

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

The New India Assurance Co. Insurance Agent Salary FAQs

What is the salary of Insurance Agent at The New India Assurance Co. ?
The average salary of a Insurance Agent at The New India Assurance Co. in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Insurance Agent at The New India Assurance Co. earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Insurance Agent Salaries at The New India Assurance Co. 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 9 The New India Assurance Co. employees in India.
What is the estimated take home salary of a Insurance Agent at The New India Assurance Co. in India?
The estimated take-home salary of a Insurance Agent at The New India Assurance Co. in India typically ranges from ₹14,872 to ₹16,428 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 9 salaries received from various employees of The New India Assurance Co.. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than The New India Assurance Co. for Insurance Agent in India?
Tata AIA Life Insurance ₹2.4 Lakhs to ₹4.5 Lakhs per year
United India Insurance Company ₹1.2 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindara Life Insurance ₹0.6 Lakhs to ₹5.0 Lakhs per year
Cholamandalam MS General Insurance ₹1.5 Lakhs to ₹4.0 Lakhs per year
The Oriental Insurance Co. ₹2.4 Lakhs to ₹3.5 Lakhs per year

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

Reliance Nippon Life Insurance ₹1.2 Lakhs to ₹6.5 Lakhs per year
Life Insurance Corporation of India ₹0.6 Lakhs to ₹5.0 Lakhs per year
National Insurance Company ₹1.2 Lakhs to ₹3.5 Lakhs per year
PNB MetLife ₹1.0 Lakhs to ₹3.6 Lakhs per year
Bajaj Allianz Life Insurance ₹1.2 Lakhs to ₹3.0 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 Agent at The New India Assurance Co. in India?
The salary growth for a Insurance Agent at The New India Assurance Co. depends on factors such as experience, performance, and promotions. On average, a Insurance Agent can expect the following growth trajectory at The New India Assurance Co.:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹3.8 Lakhs per year
1 year ₹2.0 Lakhs to ₹3.0 Lakhs per year
2 years ₹0.9 Lakhs to ₹3.0 Lakhs per year
3 years ₹0.9 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

The New India Assurance Co. Insurance Agent salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 The New India Assurance Co. latest salaries received from various employees of The New India Assurance Co..