Insurance (India)

India   India  • Change Location

info SALARY PROFILES
59
info AVG. GROSS SALARY ($)
US$ 21,800
info AVG. GROSS SALARY
INR 1,339,018
info AVG. NET SALARY
INR 1,079,427
  UPDATED: 17 Feb 2019
Difference gross vs. net (take home): 19%

What is average salary for Insurance in India?

Based on our survey (59 individual salary profiles) average GROSS salary for Insurance in India is INR 1,339,018. Average NET salary is INR 1,079,427. The most frequent GROSS salary is INR 469,262. The most frequent education is Masters Degree. The most frequent experience are 8-12 Years.

Career Avg. gross salary (in USD) Profiles
General Insurance INR 1,906,666 US$ 30,504 09
Life Insurance INR 1,040,799 US$ 16,985 09
Insurance Underwriter INR 1,495,250 US$ 24,911 08
Insurance Broker INR 1,840,333 US$ 30,181 06
Insurance INR 607,981 US$ 9,774 06
Risk Management Insurance INR 2,080,000 US$ 32,916 05
Health Insurance INR 540,000 US$ 9,346 03
Insurance Agent INR 372,000 US$ 5,804 02
Marketing Associate Insurance INR 500,000 US$ 8,016 01
Insurance Sales INR 380,000 US$ 5,656 01
City Avg. gross salary (in USD) Profiles
Mumbai INR 1,576,100 US$ 25,832 20
Bangalore INR 1,647,545 US$ 26,444 11
Delhi INR 2,008,571 US$ 32,180 07
Chennai INR 1,110,400 US$ 18,695 05
Calcutta INR 663,299 US$ 10,453 04
Hyderabad INR 550,000 US$ 8,818 02

Salary profiles from individual employees for Insurance in India

Below is the list of 59 individual salary profiles - all added on this website.

HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?

(59/59) PROGRAM MANAGER


 Posted: 17 Feb 2019

      

Masters Degree, 2-4 years: "An ideal set up of technical integrations and product interface."
Individual GROSS salary:
INR 3,000,000
US$ 47,323

(58/59) HEAD- SALES


 Posted: 17 Jan 2019

      

Masters Degree, 16-20 years: "Insurance+ customer service+ Client Retention."
Individual GROSS salary:
INR 3,200,000
US$ 50,478

(57/59) GENERAL MANAGER


 Posted: 27 Dec 2018

      

Masters Degree, 8-12 years: "Running brach of broking firm."
Individual GROSS salary:
INR 1,465,000
US$ 23,109

(56/59) ASSOCIATE VICE PRESIDENT


 Posted: 16 Dec 2018

      

Masters Degree, 8-12 years: "General insurance."
Individual GROSS salary:
INR 4,200,000
US$ 66,252

(55/59) SENIOR MANAGER - UNDERWRITING


 Posted: 27 Nov 2018

      

Bachelors Degree, 16-20 years: "Handling fire, engineering and marine portfolios. Also handled Employee Benefits in an extensive way."
Individual GROSS salary:
INR 1,350,000
US$ 21,295

HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?

(54/59) INSURANCE ADVISOR


 Posted: 26 Sep 2018

      

Bachelors Degree, 12-16 years: "Helping to buy and continue insurance and financial planning."
Individual GROSS salary:
INR 600,000
US$ 9,465

(53/59) VICE PRESIDENT


 Posted: 25 Sep 2018

      

Masters Degree, 20+ years: "Second Line risk management review and challange."
Individual GROSS salary:
INR 4,400,000
US$ 69,407

(52/59) GENERAL MANAGER


 Posted: 22 Aug 2018

      

Masters Degree, 12-16 years: "General manager."
Individual GROSS salary:
INR 3,200,000
US$ 50,478

(51/59) PROCESS LEADER


 Posted: 15 Aug 2018

      

Bachelors Degree, 8-12 years: "Managing new business team."
Individual GROSS salary:
INR 588,000
US$ 9,275

(50/59) INSURANCE ANALYTICS


 Posted: 13 Aug 2018

      

Masters Degree, 8-12 years: "Analytics for major insurance gaints in US."
Individual GROSS salary:
INR 2,000,000
US$ 31,549

HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?

(49/59) TRAINER


 Posted: 08 Aug 2018

      

Masters Degree, 8-12 years: "Sales product & process training."
Individual GROSS salary:
INR 632,000
US$ 9,969

(48/59) MANAGER


 Posted: 27 Jul 2018

      

High School, 8-12 years: "Bancassurance Manager."
Individual GROSS salary:
INR 580,000
US$ 9,149

(47/59) SALES MANAGER


 Posted: 05 Jul 2018

      

Masters Degree, 12-16 years: "To find a managerial job where,I can prove my self with supervision of team and achieve the task of the organization."
Individual GROSS salary:
INR 800,000
US$ 12,619

(46/59) CHIEF EXECUTIVE OFFICER


 Posted: 17 Apr 2018

      

Masters Degree, 8-12 years: "Principal officer of a composite insurance brokers, heading reinsurance vertical."
Individual GROSS salary:
INR 2,400,000
US$ 37,858

(45/59) SENIOR MANAGER UNDERWRITING


 Posted: 19 Mar 2018

      

Masters Degree education, 16-20 years of experience.
Individual GROSS salary:
INR 1,157,000
US$ 18,251

(44/59) INTERNAL AUDITOR


 Posted: 01 Nov 2017

      

Masters Degree, 2-4 years: "Experienced of 3 years in financial service industry."
Individual GROSS salary:
INR 1,000,000
US$ 14,885

(43/59) SENIOR MANAGER, BUSINESS SOLUTIONS


 Posted: 24 Aug 2017

      

Masters Degree, 4-8 years: "Project management, Strategy and Operational excellence."
Individual GROSS salary:
INR 2,500,000
US$ 37,213

(42/59) OPERATIONS MANAGER


 Posted: 10 Aug 2017

      

Bachelors Degree, 12-16 years: "Handle operations, client management, service deliveries and team management."
Individual GROSS salary:
INR 2,000,000
US$ 29,771

(41/59) INSURANCE AGENT


 Posted: 30 Jul 2017

      

Bellow H. School, 0-1 year: "Selling Life insurance policy to the clients."
Individual GROSS salary:
INR 144,000
US$ 2,143

(40/59) LIFE INSURANCE


 Posted: 02 Jun 2017

      

Masters Degree, 4-8 years: "I work in Banca Channel, I train the Bank employees regarding products, lead generation & services."
Individual GROSS salary:
INR 344,196
US$ 5,123

HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?

(39/59) GENERAL INSURANCE


 Posted: 31 May 2017

      

Masters Degree, 16-20 years: "Business Transformation Professional - setting up, and managing a multi-year transformation agenda."
Individual GROSS salary:
INR 5,000,000
US$ 74,427

(38/59) INSURANCE SALES


 Posted: 31 Jan 2017

      

Bachelors Degree, 4-8 years: "Recruiting agents and get sales done from them."
Individual GROSS salary:
INR 380,000
US$ 5,656

(37/59) INSURANCE BROKER


 Posted: 30 Jan 2017

      

Bachelors Degree, 12-16 years: "Placing client risks in the Insurance Market and being single point of contact for all insurance servicing needs of client."
Individual GROSS salary:
INR 1,677,000
US$ 24,963

(36/59) HEALTH INSURANCE


 Posted: 07 Jan 2017

      

Bachelors Degree, 4-8 years: "Documentation Writer, Learning and Devlopment."
Individual GROSS salary:
INR 560,000
US$ 8,336

(35/59) INSURANCE UNDERWRITER


 Posted: 05 Dec 2016

      

Masters Degree, 8-12 years: "Department management, relationship management, risk management."
Individual GROSS salary:
INR 1,700,000
US$ 25,081

(34/59) GENERAL INSURANCE


 Posted: 08 Nov 2016

      

Masters Degree, 20+ years: "25 yrs exp in uw and claims. Fellowship In insurance."
Individual GROSS salary:
INR 1,745,000
US$ 25,745

(33/59) OTHER INSURANCE CAREER


 Posted: 01 Aug 2016

      

Bachelors Degree, 2-4 years: "Analytics. Work in insurance pricing for one of the biggest insurers of the world."
Individual GROSS salary:
INR 1,500,000
US$ 22,131

(32/59) RISK MANAGEMENT INSURANCE


 Posted: 04 May 2016

      

Masters Degree, 8-12 years: "Risk Assessment and SOX Compliance."
Individual GROSS salary:
INR 2,500,000
US$ 36,884

(31/59) OTHER INSURANCE CAREER


 Posted: 10 Oct 2015

      

Masters Degree, 8-12 years: "Insurance outsourcing - Team lead."
Individual GROSS salary:
INR 1,030,000
US$ 16,632

(30/59) RISK MANAGEMENT INSURANCE


 Posted: 17 Oct 2014

      

Masters Degree education, 4-8 years of experience.
Individual GROSS salary:
INR 1,750,000
US$ 28,056

HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?

(29/59) GENERAL INSURANCE


 Posted: 14 Oct 2014

      

Masters Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 1,500,000
US$ 24,048

(28/59) INSURANCE


 Posted: 13 Oct 2014

      

High School education, 16-20 years of experience.
Individual GROSS salary:
INR 267,890
US$ 4,295

(27/59) INSURANCE UNDERWRITER


 Posted: 05 Sep 2014

      

Masters Degree education, 2-4 years of experience.
Individual GROSS salary:
INR 705,000
US$ 11,303

(26/59) GENERAL INSURANCE


 Posted: 19 Jul 2014

      

Masters Degree education, 12-16 years of experience.
Individual GROSS salary:
INR 700,000
US$ 11,222

(25/59) HEALTH INSURANCE


 Posted: 10 Jul 2014

      

Bachelors Degree education, 4-8 years of experience.
Individual GROSS salary:
INR 600,000
US$ 9,619

(24/59) RISK MANAGEMENT INSURANCE


 Posted: 13 Jun 2014

      

Masters Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 1,250,000
US$ 20,040

(23/59) MARKETING ASSOCIATE INSURANCE


 Posted: 06 May 2014

      

Masters Degree education, 12-16 years of experience.
Individual GROSS salary:
INR 500,000
US$ 8,016

(22/59) INSURANCE


 Posted: 02 Apr 2014

      

Masters Degree education, 4-8 years of experience.
Individual GROSS salary:
INR 410,000
US$ 6,573

(21/59) OTHER INSURANCE CAREER


 Posted: 27 Mar 2014

      

Bachelors Degree education, 2-4 years of experience.
Individual GROSS salary:
INR 432,000
US$ 6,926

(20/59) OTHER INSURANCE CAREER


 Posted: 19 Mar 2014

   

Bachelors Degree education, 4-8 years of experience.
Individual GROSS salary:
INR 317,000
US$ 5,082

HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?

(19/59) GENERAL INSURANCE


 Posted: 11 Mar 2014

      

Masters Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 1,533,000
US$ 24,577

(18/59) INSURANCE UNDERWRITER


 Posted: 10 Mar 2014

      

Masters Degree education, 4-8 years of experience.
Individual GROSS salary:
INR 650,000
US$ 10,421

(17/59) LIFE INSURANCE


 Posted: 08 Mar 2014

      

Bachelors Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 375,000
US$ 6,012

(16/59) INSURANCE


 Posted: 04 Mar 2014

      

Bachelors Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 500,000
US$ 8,016

(15/59) LIFE INSURANCE


 Posted: 11 Jan 2014

      

Masters Degree education, 2-4 years of experience.
Individual GROSS salary:
INR 3,000,000
US$ 48,096

(14/59) INSURANCE BROKER


 Posted: 29 Dec 2013

      

Bachelors Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 1,400,000
US$ 26,331

(13/59) INSURANCE


 Posted: 21 Dec 2013

      

Bellow H. School education, 0-1 year of experience.
Individual GROSS salary:
INR 100,000
US$ 1,881

(12/59) GENERAL INSURANCE


 Posted: 24 Nov 2013

      

Masters Degree education, 12-16 years of experience.
Individual GROSS salary:
INR 2,700,000
US$ 50,781

(11/59) OTHER INSURANCE CAREER


 Posted: 04 Nov 2013

      

Bachelors Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 1,100,000
US$ 20,689

(10/59) RISK MANAGEMENT INSURANCE


 Posted: 04 Jun 2012

      

Bachelors Degree education, 4-8 years of experience.
Individual GROSS salary:
INR 500,000
US$ 10,193

HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?

(9/59) INSURANCE UNDERWRITER


 Posted: 31 Mar 2012

      

Bachelors Degree education, 4-8 years of experience.
Individual GROSS salary:
INR 1,000,000
US$ 20,386

(8/59) OTHER INSURANCE CAREER


 Posted: 27 Feb 2012

      

Masters Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 1,800,000
US$ 36,695

(7/59) LIFE INSURANCE


 Posted: 29 Jan 2012

      

Masters Degree education, 2-4 years of experience.
Individual GROSS salary:
INR 320,000
US$ 6,523

(6/59) INSURANCE BROKER


 Posted: 25 Jan 2012

      

Bachelors Degree education, 2-4 years of experience.
Individual GROSS salary:
INR 900,000
US$ 18,347

(5/59) GENERAL INSURANCE


 Posted: 05 Oct 2011

      

Bachelors Degree education, 4-8 years of experience.
Individual GROSS salary:
INR 150,000
US$ 3,288

(4/59) INSURANCE UNDERWRITER


 Posted: 05 Sep 2011

      

Bachelors Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 1,200,000
US$ 26,300

(3/59) HEALTH INSURANCE


 Posted: 02 Aug 2011

      

Masters Degree education, 1-2 years of experience.
Individual GROSS salary:
INR 460,000
US$ 10,082

(2/59) LIFE INSURANCE


 Posted: 14 Jun 2011

      

Bachelors Degree education, 8-12 years of experience.
Individual GROSS salary:
INR 860,000
US$ 18,849

(1/59) INSURANCE


 Posted: 30 May 2011

      

Bachelors Degree education, 2-4 years of experience.
Individual GROSS salary:
INR 370,000
US$ 8,109

Page 1 of 1, 59 of 59 salary profiles.

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This salary report contains various tables and charts to represent how different careers, cities, education, experience, age, gender, etc. affect salaries.

  SURVEY BY LEVELS   INSURANCE   INDIA

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Salary levels Average GROSS Salary (USD) Average GROSS Salary   Salary profiles (frequency)
75K US$ 74,427 INR 5,000,000
01
65K US$ 67,830 INR 4,300,000
02
55K US$ 50,579 INR 3,033,333
03
45K US$ 47,710 INR 3,000,000
02
35K US$ 36,040 INR 2,240,000
05
25K US$ 24,168 INR 1,478,000
15
15K US$ 13,891 INR 796,545
11
8K US$ 7,616 INR 469,262
16
4K US$ 3,791 INR 208,945
02
2K US$ 2,012 INR 122,000
02

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  SURVEY BY GENDER   INSURANCE   INDIA

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Average GROSS Salary (USD) Average GROSS Salary   Salary profiles
Male US$ 22,642 INR 1,402,342 47
Female US$ 22,205 INR 1,436,000 07
N/A US$ 13,326 INR 608,000 05

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  SURVEY BY EDUCATION   INSURANCE   INDIA

India •  Change Location

Average GROSS Salary (USD) Average GROSS Salary   Salary profiles
Masters Degree US$ 28,779 INR 1,804,581 33
Bachelors Degree US$ 14,502 INR 834,500 22
High School US$ 6,722 INR 423,945 02
Bellow H. School US$ 2,012 INR 122,000 02

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  SURVEY BY EXPERIENCE   INSURANCE   INDIA

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Average GROSS Salary (USD) Average GROSS Salary   Salary profiles
20+ Years US$ 47,576 INR 3,072,500 02
16-20 Years US$ 33,749 INR 2,194,978 05
12-16 Years US$ 24,664 INR 1,522,125 08
8-12 Years US$ 23,866 INR 1,430,650 20
4-8 Years US$ 12,496 INR 763,433 12
2-4 Years US$ 20,405 INR 1,247,444 09
1-2 Years US$ 10,082 INR 460,000 01
0-1 Year US$ 2,012 INR 122,000 02

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  SURVEY BY AGES   INSURANCE   INDIA

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Average GROSS Salary (USD) Average GROSS Salary   Salary profiles
45-50 US$ 69,407 INR 4,400,000 01
39-44 US$ 26,309 INR 1,679,989 10
33-38 US$ 28,205 INR 1,743,214 14
27-32 US$ 17,281 INR 1,053,008 22
22-26 US$ 18,319 INR 1,174,500 06
16-21 US$ 2,143 INR 144,000 01
N/A US$ 13,326 INR 608,000 05

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  SURVEY BY CAREERS   INSURANCE   INDIA

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# Average GROSS Salary (USD) Average GROSS Salary   Salary profiles
1. Risk Management Insurance US$ 32,916 INR 2,080,000 05
2. General Insurance US$ 30,504 INR 1,906,666 09
3. Insurance Broker US$ 30,181 INR 1,840,333 06
4. Insurance Underwriter US$ 24,911 INR 1,495,250 08
5. Other Insurance Career US$ 22,435 INR 1,353,222 09
6. Life Insurance US$ 16,985 INR 1,040,799 09
7. Insurance US$ 9,774 INR 607,981 06
8. Health Insurance US$ 9,346 INR 540,000 03
9. Marketing Associate Insurance US$ 8,016 INR 500,000 01
10. Insurance Agent US$ 5,804 INR 372,000 02
11. Insurance Sales US$ 5,656 INR 380,000 01

Show all careers »

  SURVEY BY WORK   INSURANCE   INDIA

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Average GROSS Salary (USD) Average GROSS Salary   Salary profiles
Permanent US$ 23,807 INR 1,459,493 49
Contract US$ 9,057 INR 560,481 06
Self Employed US$ 5,804 INR 372,000 02
Part Time US$ 26,876 INR 1,690,000 02

  SURVEY BY CITIES   INSURANCE   INDIA

India •  Change Location

# Average GROSS Salary (USD) Average GROSS Salary   Salary profiles
1. Delhi Insurance US$ 32,180 INR 2,008,571 07
2. Bangalore Insurance US$ 26,444 INR 1,647,545 11
3. Mumbai Insurance US$ 25,832 INR 1,576,100 20
4. Chennai Insurance US$ 18,695 INR 1,110,400 05
5. Calcutta Insurance US$ 10,453 INR 663,299 04
6. Hyderabad Insurance US$ 8,818 INR 550,000 02

Show all cities »

  SURVEY BY COUNTRIES    INSURANCE

# Average GROSS Salary (USD) Average GROSS Salary   Salary profiles
1. Germany Germany Insurance US$ 101,681 EUR 80,818 11
2. Australia Australia Insurance US$ 92,202 AU$ 104,154 31
3. United Kingdom United Kingdom Insurance US$ 90,816 GBP 60,394 46
4. United States United States Insurance US$ 75,697 US$ 75,697 397
5. Indonesia Indonesia Insurance US$ 31,731 IDR 391,051,025 20
6. Malaysia Malaysia Insurance US$ 29,842 MYR 99,883 81
7. India India US$ 21,800 INR 1,339,018 59

Show all countries »

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