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INSURANCE BROKER / SALARY
Average Salary - Insurance Broker / India INDIA

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SALARY SURVEYS

11

 UPDATED
April 2024
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(based on your career and experience)
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
83.19 INR = 1 USD

2,367,031 INR

$28,454 USD
Bangalore

2,710,348 INR

1,830,136 INR

$22,000 USD
Including "Bangalore"
Excluding "Bangalore"
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Average Salary / Insurance Broker / India

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Average salary for Insurance Broker / India is 2,367,031 INR per year. The most typical earning is 1,830,136 INR. All data are based on 11 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,312,626 INR. Women receive a salary of 2,620,422 INR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 2,911,580 INR. The second most paid education level is Masters Degree with salary of 2,603,784 INR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 3,718,503 INR. Employees with 12-16 Years of experience receive 3,194,419 INR.

Levels / Insurance Broker / India (Gross INR)

Salary Levels (INR) per Year Surveys [%]
83,200 INR - 166,299 INR
0 n/a
166,400 INR - 249,499 INR
0 n/a
249,600 INR - 415,899 INR
0 n/a
415,900 INR - 831,799 INR
0 n/a
831,900 INR - 1,247,699 INR
0 n/a
1,247,800 INR - 1,663,699 INR
2 100%
18.18%
THE MOST TYPICAL SALARY
1,663,800 INR - 2,079,599 INR
4 81.82%
36.36%
2,079,700 INR - 2,495,599 INR
2 45.45%
18.18%
2,495,600 INR - 2,911,499 INR
0 n/a
2,911,600 INR - 3,327,399 INR
1 27.27%
9.09%
3,327,500 INR - 3,743,399 INR
1 18.18%
9.09%
3,743,500 INR - 4,159,299 INR
0 n/a
4,159,400 INR - 4,575,299 INR
1 9.09%
9.09%
4,575,300 INR - 4,991,199 INR
0 n/a
4,991,300 INR - 5,407,099 INR
0 n/a
5,407,200 INR - 5,823,099 INR
0 n/a
5,823,200 INR - 6,238,999 INR
0 n/a
6,239,100 INR - 6,654,999 INR
0 n/a
6,655,000 INR - 7,070,899 INR
0 n/a
7,071,000 INR - 7,486,799 INR
0 n/a
7,486,900 INR - 7,902,799 INR
0 n/a
7,902,900 INR - 8,318,699 INR
0 n/a
8,318,800 INR - 8,734,699 INR
0 n/a
8,734,700 INR - 9,150,599 INR
0 n/a
9,150,700 INR - 9,566,499 INR
0 n/a
9,566,600 INR - 9,982,499 INR
0 n/a
9,982,600 INR - 10,398,399 INR
0 n/a
10,398,500 INR - 10,814,399 INR
0 n/a
10,814,400 INR - 11,230,299 INR
0 n/a
11,230,400 INR - 11,646,199 INR
0 n/a
11,646,300 INR - 12,062,199 INR
0 n/a
12,062,300 INR - 12,478,099 INR
0 n/a
HIGH SALARIES
12,478,200 INR - 13,309,999 INR
0 n/a
13,310,100 INR - 14,141,899 INR
0 n/a
14,142,000 INR - 14,973,799 INR
0 n/a
14,973,800 INR - 15,805,599 INR
0 n/a
15,805,700 INR - 16,637,499 INR
0 n/a
16,637,600 INR - 17,469,399 INR
0 n/a
17,469,500 INR - 18,301,299 INR
0 n/a
18,301,400 INR - 19,133,199 INR
0 n/a
19,133,200 INR - 19,964,999 INR
0 n/a
19,965,100 INR - 20,796,899 INR
0 n/a
20,797,000 INR - 29,115,799 INR
0 n/a
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Gender / Insurance Broker / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Women 2 2,620,422 INR
2 Men 9 2,312,626 INR

Education / Insurance Broker / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 2 2,911,580 INR
2 Masters Degree 4 2,603,784 INR
3 Bachelors Degree 5 1,963,236 INR

Experience / Insurance Broker / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 16-20 Years 1 3,718,503 INR
2 12-16 Years 2 3,194,419 INR
3 8-12 Years 7 2,054,743 INR
4 2-4 Years 1 1,522,340 INR

Age / Insurance Broker / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 36-40 2 4,009,661 INR
2 26-30 1 2,187,844 INR
3 31-35 8 1,979,874 INR

Work Type / Insurance Broker / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 10 2,412,452 INR
2 Contract 1 1,896,686 INR

Cities / Insurance Broker / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Bangalore 5 2,711,928 INR
2 Mumbai 4 2,229,438 INR
3 Ahmedabad 1 1,896,686 INR
4 Thane 1 1,680,397 INR

People's individual salary examples (surveys)

Senior Relationship Manager
Posted 09 October 2020
City Education Experience Knowledge Gross salary / year
Bangalore Bachelors Degree 8-12 Years n/a 1,687,000 INR

Consultant
Posted 24 September 2020
City Education Experience Knowledge Gross salary / year
Bangalore Doctorate Degree 8-12 Years n/a 1,512,400 INR

Vice President
Posted 24 July 2020
City Education Experience Knowledge Gross salary / year
Bangalore Doctorate Degree 12-16 Years n/a 4,304,800 INR

Avp - Employee Benefits
Posted 09 February 2020
City Education Experience Knowledge Gross salary / year
Bangalore Bachelors Degree 8-12 Years n/a 2,326,900 INR

Head- Sales
Posted 17 January 2019
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 16-20 Years n/a 3,720,400 INR

General Manager
Posted 27 December 2018
City Education Experience Knowledge Gross salary / year
Ahmedabad Masters Degree 8-12 Years n/a 1,898,300 INR

Analyst
Posted 31 October 2018
City Education Experience Knowledge Gross salary / year
Thane Masters Degree 8-12 Years n/a 1,684,500 INR

Chief Executive Officer
Posted 17 April 2018
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 8-12 Years n/a 3,109,800 INR


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