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The New India Assurance Co. Insurance Officer salaries in India

Annual salary range
0 - 1 year exp.
₹1.8 Lakh - ₹2 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.
Salary of majority employees
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32% less than the average Insurance Officer Salary in Insurance Companies for 0 - 1 year of experience

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Salaries in different departments

BFSI, Investments & Trading
Insurance Officer Salary
Fresher (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2 L/yr

Finance & Accounting
Insurance Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 17 Mar 2023

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

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹3.5 L/yr

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₹8.1 L/yr - ₹10.4 L/yr

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₹1.8 L/yr - ₹4.5 L/yr

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₹1.5 L/yr - ₹3 L/yr

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₹1.9 L/yr - ₹2.5 L/yr

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Tata AIG Insurance Officer Salary

4 - 9 years exp. (4 salaries)

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₹2.5 L/yr - ₹2.7 L/yr

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₹1.6 L/yr - ₹3.3 L/yr

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PNB MetLife Insurance Officer Salary

0 - 4 years exp. (32 salaries)

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₹1.5 L/yr - ₹4 L/yr

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3 job openings
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₹1.1 L/yr - ₹5 L/yr

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₹2.3 L/yr - ₹4.3 L/yr

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₹1.5 L/yr - ₹8.5 L/yr

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₹2 L/yr - ₹4 L/yr

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HDFC Life Insurance Officer Salary

1 - 4 years exp. (6 salaries)

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₹2.5 L/yr - ₹3.2 L/yr

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₹1 L/yr - ₹3.5 L/yr

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Max Life Insurance Insurance Officer Salary

0 - 6 years exp. (5 salaries)

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₹2.5 L/yr - ₹4.3 L/yr

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₹2.6 L/yr - ₹4 L/yr

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₹1.3 L/yr - ₹3.5 L/yr

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₹2 L/yr - ₹3.4 L/yr

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MetLife Insurance Officer Salary

0 - 3 years exp. (3 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 48% more
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₹1.5 L/yr - ₹2.8 L/yr

arrow icon 18% more
Insurance Officer salary at The New India Assurance Co. ranges between ₹1.8 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of The New India Assurance Co..

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

1y ago
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3 months exp.
1y ago
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1 year exp.

Experience wise The New India Assurance Co. Insurance Officer salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2 L/yr

Similar Designation salaries in The New India Assurance Co.

Sales Officer Salary
(AmbitionBox Estimate)
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₹6.7 L/yr - ₹8.5 L/yr
Branch Manager Salary
(12 salaries)
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₹8 L/yr - ₹18.5 L/yr
Deputy Manager Salary
(7 salaries)
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₹17 L/yr - ₹26 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
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₹1.5 L/yr - ₹5 L/yr
MIS Executive Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹5.2 L/yr - ₹12 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Back Office Executive Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for The New India Assurance Co.

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.

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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,

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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.

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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,

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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.

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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

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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.

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
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The New India Assurance Co. Insurance Officer Salary FAQs

What is the notice period for Insurance Officer at The New India Assurance Co.?
According to AmbitionBox, 50% of the The New India Assurance Co. Insurance Officers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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The New India Assurance Co. Insurance Officer salary in India ranges between ₹1.8 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 The New India Assurance Co. latest salaries received from various employees of The New India Assurance Co..