INSURANCE / SALARY
BANGALORE

SALARY SURVEYS

20

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 83.19 INR = 1 USD
2,114,389 INR $25,417 USD		1,830,136 INR $22,000 USD		Gross income Net (after tax) 83.19 INR = 1 USD

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Average Salary / Insurance / Bangalore

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Average salary for Insurance / Bangalore is 2,114,389 INR per year. The most typical earning is 1,830,136 INR. All data are based on 20 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,054,743 INR. Women receive a salary of 2,620,422 INR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 2,869,986 INR. The second most paid education level is Masters Degree with salary of 2,703,610 INR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 4,958,005 INR. Employees with 12-16 Years of experience receive 2,936,536 INR.

Levels / Insurance / Bangalore (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	1	100% 5%
415,900 INR - 831,799 INR	3	95% 15%
831,900 INR - 1,247,699 INR	3	80% 15%
1,247,800 INR - 1,663,699 INR	1	65% 5%
THE MOST TYPICAL SALARY
1,663,800 INR - 2,079,599 INR	4	60% 20%
2,079,700 INR - 2,495,599 INR	2	40% 10%
2,495,600 INR - 2,911,499 INR	2	30% 10%
2,911,600 INR - 3,327,399 INR	0	n/a
3,327,500 INR - 3,743,399 INR	1	20% 5%
3,743,500 INR - 4,159,299 INR	0	n/a
4,159,400 INR - 4,575,299 INR	2	15% 10%
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	1	5% 5%
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

Gender / Insurance / Bangalore (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Women	2	2,620,422 INR
2	Men	18	2,054,743 INR

Education / Insurance / Bangalore (Gross INR)

#		Surveys
1	Doctorate Degree	3	2,869,986 INR
2	Masters Degree	7	2,703,610 INR
3	Bachelors Degree	10	1,472,427 INR

Experience / Insurance / Bangalore (Gross INR)

#		Surveys
1	16-20 Years	2	4,958,005 INR
2	12-16 Years	4	2,936,536 INR
3	8-12 Years	6	1,613,847 INR
4	4-8 Years	5	1,389,239 INR
5	2-4 Years	3	1,339,326 INR

Age / Insurance / Bangalore (Gross INR)

#		Surveys
1	36-40	5	3,360,795 INR
2	31-35	7	2,013,149 INR
3	26-30	5	1,572,253 INR
4	21-25	2	1,538,978 INR
5	41-45	1	474,171 INR

Work Type / Insurance / Bangalore (Gross INR)

#		Surveys
1	Permanent	18	2,304,307 INR
2	Part Time	1	474,171 INR
3	Contract	1	307,795 INR

Careers / Insurance / Bangalore (Gross INR)

#		Surveys
1	General Insurance	4	3,477,258 INR
2	Insurance Broker	5	2,711,928 INR
3	Risk Management Insurance	3	1,755,266 INR
4	Insurance Underwriter	2	1,613,847 INR
5	Other Insurance Career	3	1,597,209 INR
6	Life Insurance	1	765,329 INR
7	Insurance Sales	1	474,171 INR
8	Title Insurance	1	307,795 INR

People's individual salary examples (surveys)

Risk Consultant

Posted 26 March 2021
Key knowledge and tasks

"Risk assessment."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	12-16 Years	n/a	2,285,700 INR

Senior Relationship Manager

Posted 09 October 2020
Key knowledge and tasks

"New Client acquisition."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	8-12 Years	n/a	1,687,000 INR

Consultant

Posted 24 September 2020
Key knowledge and tasks

"Client relationship and analytics."

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
Key knowledge and tasks

"Hi looking to check the pay grades."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Doctorate Degree	12-16 Years	n/a	4,304,800 INR

Actuarial Manager

Posted 11 July 2020
Key knowledge and tasks

"Risk analysis, model development."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	4-8 Years	n/a	2,559,600 INR

Modelling

Posted 12 June 2020
Key knowledge and tasks

"Tableau, sql, excel."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	4-8 Years	n/a	802,800 INR

Actuarial

Posted 20 May 2020
Key knowledge and tasks

"Audit actuarial."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Doctorate Degree	4-8 Years	n/a	2,792,300 INR

Avp - Employee Benefits

Posted 09 February 2020
Key knowledge and tasks

"Business development."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	8-12 Years	n/a	2,326,900 INR

Senior Executive

Posted 04 June 2019
Key knowledge and tasks

"Itle companies generally act as the combined agent of the insurance company, the buyer, the seller, and any other parties related to a real estate transaction, such as mortgage lenders. The title company reviews title, issues insurance policies, facilitates closings, and files and records paperwork."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	4-8 Years	n/a	306,900 INR

Head- Sales

Posted 17 January 2019
Key knowledge and tasks

"Insurance+ customer service+ Client Retention."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Masters Degree	16-20 Years	n/a	3,720,400 INR

Process Leader

Posted 15 August 2018
Key knowledge and tasks

"Managing new business team."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Bachelors Degree	8-12 Years	n/a	761,900 INR

Internal Auditor

Posted 01 November 2017
Key knowledge and tasks

"Experienced of 3 years in financial service industry."

City	Education	Experience	Knowledge	Gross salary / year
Bangalore	Masters Degree	2-4 Years	n/a	1,238,300 INR

INSURANCE / SALARY BANGALORE

20

2,114,389 INR

1,830,136 INR