INSURANCE / SALARY
CHENNAI

SALARY SURVEYS

5

UPDATED
July 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

83.36 INR = 1 USD

1,693,630 INR

$20,316 USD

Bangalore

2,118,871 INR

2,250,837 INR

$27,000 USD

Including "Bangalore"

Excluding "Bangalore"

Average Salary / Insurance / Chennai

Average salary for Insurance / Chennai is 1,693,630 INR per year. The most typical earning is 2,250,837 INR. All data are based on 5 salary surveys. Salaries are different between men and women. Men receive an average salary of 875,325 INR. Women receive a salary of 1,800,669 INR.

Based on education, the highest salaries receive people with Masters Degree with salary of 1,825,679 INR. The second most paid education level is Bachelors Degree with salary of 1,608,931 INR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 2,142,463 INR. Employees with 16-20 Years of experience receive 1,625,604 INR.

Levels / Insurance / Chennai (Gross INR)

Salary Levels (INR) per Year	Surveys	[%]
83,400 INR - 166,599 INR	0	n/a
166,700 INR - 249,999 INR	0	n/a
250,100 INR - 416,699 INR	0	n/a
416,800 INR - 833,599 INR	0	n/a
833,600 INR - 1,250,399 INR	1	100% 20%
1,250,500 INR - 1,667,199 INR	1	80% 20%
1,667,300 INR - 2,083,999 INR	1	60% 20%
THE MOST TYPICAL SALARY
2,084,100 INR - 2,500,799 INR	2	40% 40%
2,500,900 INR - 2,917,699 INR	0	n/a
2,917,800 INR - 3,334,499 INR	0	n/a
3,334,600 INR - 3,751,299 INR	0	n/a
3,751,400 INR - 4,168,099 INR	0	n/a
4,168,200 INR - 4,584,999 INR	0	n/a
4,585,000 INR - 5,001,799 INR	0	n/a
5,001,900 INR - 5,418,599 INR	0	n/a
5,418,700 INR - 5,835,399 INR	0	n/a
5,835,500 INR - 6,252,199 INR	0	n/a
6,252,300 INR - 6,669,099 INR	0	n/a
6,669,100 INR - 7,085,899 INR	0	n/a
7,086,000 INR - 7,502,699 INR	0	n/a
7,502,800 INR - 7,919,499 INR	0	n/a
7,919,600 INR - 8,336,399 INR	0	n/a
8,336,400 INR - 8,753,199 INR	0	n/a
8,753,300 INR - 9,169,999 INR	0	n/a
9,170,100 INR - 9,586,799 INR	0	n/a
9,586,900 INR - 10,003,599 INR	0	n/a
10,003,700 INR - 10,420,499 INR	0	n/a
10,420,500 INR - 10,837,299 INR	0	n/a
10,837,400 INR - 11,254,099 INR	0	n/a
11,254,200 INR - 11,670,899 INR	0	n/a
11,671,000 INR - 12,087,699 INR	0	n/a
12,087,800 INR - 12,504,599 INR	0	n/a
HIGH SALARIES
12,504,700 INR - 13,338,199 INR	0	n/a
13,338,300 INR - 14,171,899 INR	0	n/a
14,171,900 INR - 15,005,499 INR	0	n/a
15,005,600 INR - 15,839,099 INR	0	n/a
15,839,200 INR - 16,672,799 INR	0	n/a
16,672,900 INR - 17,506,399 INR	0	n/a
17,506,500 INR - 18,340,099 INR	0	n/a
18,340,200 INR - 19,173,699 INR	0	n/a
19,173,800 INR - 20,007,399 INR	0	n/a
20,007,400 INR - 20,840,999 INR	0	n/a
20,841,100 INR - 29,177,499 INR	0	n/a

Gender / Insurance / Chennai (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Women	3	1,800,669 INR
2	Men	1	875,325 INR

Education / Insurance / Chennai (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Masters Degree	2	1,825,679 INR
2	Bachelors Degree	3	1,608,931 INR

Experience / Insurance / Chennai (Gross INR)

#		Surveys
1	20+ Years	1	2,142,463 INR
2	16-20 Years	2	1,625,604 INR
3	8-12 Years	2	1,533,904 INR

Age / Insurance / Chennai (Gross INR)

#		Surveys
1	n/a	1	2,192,482 INR
2	41-45	1	2,142,463 INR
3	36-40	2	1,625,604 INR
4	31-35	1	875,325 INR

Work Type / Insurance / Chennai (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	5	1,692,296 INR

Careers / Insurance / Chennai (Gross INR)

#		Surveys
1	General Insurance	1	2,142,463 INR
2	Insurance Underwriter	3	1,817,342 INR
3	Life Insurance	1	875,325 INR

People's individual salary examples (surveys)

3/3 Relationship Manager (Man)

Posted 08 January 2020

What I do?

"Handle any situation and find a solution to it."

City	Education	Experience	Knowledge	Gross salary / year
Chennai	Bachelors Degree	8-12 Years	n/a	874,400 INR

2/3 Senior Manager - Underwriting (Woman)

Posted 27 November 2018