Insurance (India)

India   India  • Change Location

info SALARY PROFILES
65
info AVG. GROSS SALARY ($)
US$ 21,022
info AVG. GROSS SALARY
INR 1,293,647
info AVG. NET SALARY
INR 1,035,172
  UPDATED: 18 Jul 2019
Difference gross vs. net (take home): 19%

What is average salary for Insurance in India?

Based on our survey (65 individual salary profiles) average GROSS salary for Insurance in India is INR 1,293,647. Average NET salary is INR 1,035,172. The most frequent GROSS salary is INR 461,658. The most frequent education is Masters Degree. The most frequent experience are 8-12 Years.

Career Avg. gross salary (in USD) Profiles
Life Insurance INR 1,040,199 US$ 16,872 11
General Insurance INR 1,783,000 US$ 28,511 10
Insurance Underwriter INR 1,366,888 US$ 22,739 09
Insurance INR 563,984 US$ 9,054 07
Risk Management Insurance INR 2,016,666 US$ 31,900 06
Insurance Broker INR 1,840,333 US$ 30,181 06
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 1,527,136 US$ 24,971 22
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 65 individual salary profiles - all added on this website.

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

(65/65) ACTUARIAL


 Posted: 18 Jul 2019

      

Bachelors Degree, 4-8 years: "Analyst valuation pricing"
Individual GROSS salary:
INR 1,100,000
US$ 17,352

(64/65) CONSULTANT


 Posted: 28 Mar 2019

      

Masters Degree, 4-8 years: "Consulting on life insurance for risk management and financial aspect of portdolio"
Individual GROSS salary:
INR 1,700,000
US$ 26,816

(63/65) OPERATIONS


 Posted: 18 Mar 2019

      

Masters Degree, 1-2 years: "Customer service"
Individual GROSS salary:
INR 975,000
US$ 15,380

(62/65) OWNERSHIP


 Posted: 12 Mar 2019

      

High School, 4-8 years: "Proprietor of general insurance business office"
Individual GROSS salary:
INR 670,000
US$ 10,569

(61/65) INSURANCE OPERATION SSPECIALIST


 Posted: 26 Feb 2019

   

Bachelors Degree, 8-12 years: "insurance operations claims and compliance officer"
Individual GROSS salary:
INR 300,000
US$ 4,732

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

(60/65) CLERICAL


 Posted: 25 Feb 2019

   

High School, 2-4 years: "Clerical post under Nationalised Insurance company"
Individual GROSS salary:
INR 340,000
US$ 5,363

(59/65) 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

(58/65) 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

(57/65) 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

(56/65) ASSOCIATE VICE PRESIDENT


 Posted: 16 Dec 2018

      

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

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

(55/65) 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

(54/65) 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

(53/65) 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

(52/65) GENERAL MANAGER


 Posted: 22 Aug 2018

      

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

(51/65) PROCESS LEADER


 Posted: 15 Aug 2018

      

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

(50/65) 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

(49/65) TRAINER


 Posted: 08 Aug 2018

      

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

(48/65) MANAGER


 Posted: 27 Jul 2018

      

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

(47/65) 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

(46/65) 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

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

(45/65) 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

(44/65) 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

(43/65) 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

(42/65) 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

(41/65) 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

(40/65) 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

(39/65) 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

(38/65) 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

(37/65) 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

(36/65) 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

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

(35/65) 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

(34/65) 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

(33/65) 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

(32/65) 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

(31/65) 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

(30/65) 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

(29/65) GENERAL INSURANCE


 Posted: 14 Oct 2014

      

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

(28/65) INSURANCE


 Posted: 13 Oct 2014

      

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

(27/65) INSURANCE UNDERWRITER


 Posted: 05 Sep 2014

      

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

(26/65) GENERAL INSURANCE


 Posted: 19 Jul 2014

      

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

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

(25/65) HEALTH INSURANCE


 Posted: 10 Jul 2014

      

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

(24/65) 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

(23/65) MARKETING ASSOCIATE INSURANCE


 Posted: 06 May 2014

      

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

(22/65) INSURANCE


 Posted: 02 Apr 2014

      

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

(21/65) OTHER INSURANCE CAREER


 Posted: 27 Mar 2014

      

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

(20/65) OTHER INSURANCE CAREER


 Posted: 19 Mar 2014

   

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

(19/65) GENERAL INSURANCE


 Posted: 11 Mar 2014

      

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

(18/65) INSURANCE UNDERWRITER


 Posted: 10 Mar 2014

      

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

(17/65) LIFE INSURANCE


 Posted: 08 Mar 2014

      

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

(16/65) INSURANCE


 Posted: 04 Mar 2014

      

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

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

(15/65) LIFE INSURANCE


 Posted: 11 Jan 2014

      

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

(14/65) INSURANCE BROKER


 Posted: 29 Dec 2013

      

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

(13/65) INSURANCE


 Posted: 21 Dec 2013

      

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

(12/65) GENERAL INSURANCE


 Posted: 24 Nov 2013

      

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

(11/65) 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

(10/65) RISK MANAGEMENT INSURANCE


 Posted: 04 Jun 2012

      

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

(9/65) INSURANCE UNDERWRITER


 Posted: 31 Mar 2012

      

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

(8/65) 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

(7/65) LIFE INSURANCE


 Posted: 29 Jan 2012

      

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

(6/65) INSURANCE BROKER


 Posted: 25 Jan 2012

      

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

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

(5/65) GENERAL INSURANCE


 Posted: 05 Oct 2011

      

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

(4/65) INSURANCE UNDERWRITER


 Posted: 05 Sep 2011

      

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

(3/65) HEALTH INSURANCE


 Posted: 02 Aug 2011

      

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

(2/65) LIFE INSURANCE


 Posted: 14 Jun 2011

      

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

(1/65) INSURANCE


 Posted: 30 May 2011

      

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

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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$ 24,334 INR 1,491,875
16
15K US$ 14,008 INR 821,928
14
8K US$ 7,483 INR 461,658
17
4K US$ 4,105 INR 239,296
03
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$ 21,592 INR 1,339,529 53
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

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Average GROSS Salary (USD) Average GROSS Salary   Salary profiles
Masters Degree US$ 28,341 INR 1,777,891 35
Bachelors Degree US$ 14,213 INR 823,291 24
High School US$ 7,344 INR 464,472 04
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$ 22,955 INR 1,376,809 21
4-8 Years US$ 13,646 INR 842,079 15
2-4 Years US$ 18,901 INR 1,156,700 10
1-2 Years US$ 12,731 INR 717,500 02
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$ 25,635 INR 1,585,937 16
27-32 US$ 17,110 INR 1,047,247 25
22-26 US$ 18,181 INR 1,163,857 07
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$ 31,900 INR 2,016,666 06
2. Insurance Broker US$ 30,181 INR 1,840,333 06
3. General Insurance US$ 28,511 INR 1,783,000 10
4. Insurance Underwriter US$ 22,739 INR 1,366,888 09
5. Other Insurance Career US$ 22,435 INR 1,353,222 09
6. Life Insurance US$ 16,872 INR 1,040,199 11
7. Health Insurance US$ 9,346 INR 540,000 03
8. Insurance US$ 9,054 INR 563,984 07
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$ 22,892 INR 1,406,114 54
Contract US$ 9,057 INR 560,481 06
Self Employed US$ 7,392 INR 471,333 03
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$ 24,971 INR 1,527,136 22
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$ 91,534 AU$ 103,712 32
3. United Kingdom United Kingdom Insurance US$ 89,206 GBP 59,481 48
4. United States United States Insurance US$ 75,464 US$ 75,464 402
5. Indonesia Indonesia Insurance US$ 31,731 IDR 391,051,025 20
6. Malaysia Malaysia Insurance US$ 29,282 MYR 98,565 85
7. India India US$ 21,022 INR 1,293,647 65

Show all countries »

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