Insurance (India)
SALARY PROFILES
67
AVG. GROSS SALARY ($)
US$ 21,642
AVG. GROSS SALARY
INR 1,334,135
AVG. NET SALARY
INR 1,071,435
UPDATED: 16 Aug 2019
Difference gross vs. net (take home):
19%
What is average salary for Insurance in India?Based on our survey (67 individual salary profiles) average GROSS salary for Insurance in India is INR 1,334,135. Average NET salary is INR 1,071,435. The most frequent GROSS salary is INR 461,658. The most frequent education is Masters Degree. The most frequent experience are 8-12 Years.
Salary profiles from individual employees for Insurance in IndiaBelow is the list of 67 individual salary profiles - all added on this website.
HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?
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(67/67) DEPUTY MANAGERPosted: 16 Aug 2019
Bachelors Degree, 8-12 years:
"IT lead"
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(66/67) DIRECTORPosted: 22 Jul 2019
Doctorate Degree, 20+ years:
"overall incharge of business"
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(65/67) ACTUARIALPosted: 18 Jul 2019
Bachelors Degree, 4-8 years:
"Analyst valuation pricing"
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(64/67) CONSULTANTPosted: 28 Mar 2019
Masters Degree, 4-8 years:
"Consulting on life insurance for risk management and financial aspect of portdolio"
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(63/67) OPERATIONSPosted: 18 Mar 2019
Masters Degree, 1-2 years:
"Customer service"
HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?
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(62/67) OWNERSHIPPosted: 12 Mar 2019
High School, 4-8 years:
"Proprietor of general insurance business office"
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(61/67) INSURANCE OPERATION SSPECIALISTPosted: 26 Feb 2019
Bachelors Degree, 8-12 years:
"insurance operations claims and compliance officer"
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(60/67) CLERICALPosted: 25 Feb 2019
High School, 2-4 years:
"Clerical post under Nationalised Insurance company"
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(59/67) PROGRAM MANAGERPosted: 17 Feb 2019
Masters Degree, 2-4 years:
"An ideal set up of technical integrations and product interface."
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(58/67) HEAD- SALESPosted: 17 Jan 2019
Masters Degree, 16-20 years:
"Insurance+ customer service+ Client Retention"
HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?
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(57/67) GENERAL MANAGERPosted: 27 Dec 2018
Masters Degree, 8-12 years:
"Running brach of broking firm"
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(56/67) ASSOCIATE VICE PRESIDENTPosted: 16 Dec 2018
Masters Degree, 8-12 years:
"General insurance"
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(55/67) SENIOR MANAGER - UNDERWRITINGPosted: 27 Nov 2018
Bachelors Degree, 16-20 years:
"Handling fire, engineering and marine portfolios. Also handled Employee Benefits in an extensive way"
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(54/67) INSURANCE ADVISORPosted: 26 Sep 2018
Bachelors Degree, 12-16 years:
"Helping to buy and continue insurance and financial planning"
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(53/67) VICE PRESIDENTPosted: 25 Sep 2018
Masters Degree, 20+ years:
"Second Line risk management review and challange"
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(52/67) GENERAL MANAGERPosted: 22 Aug 2018
Masters Degree, 12-16 years:
"General manager"
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(51/67) PROCESS LEADERPosted: 15 Aug 2018
Bachelors Degree, 8-12 years:
"Managing new business team"
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(50/67) INSURANCE ANALYTICSPosted: 13 Aug 2018
Masters Degree, 8-12 years:
"Analytics for major insurance gaints in US"
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(49/67) TRAINERPosted: 08 Aug 2018
Masters Degree, 8-12 years:
"Sales product & process training"
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(48/67) MANAGERPosted: 27 Jul 2018
High School, 8-12 years:
"Bancassurance Manager"
HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?
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(47/67) SALES MANAGERPosted: 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."
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(46/67) CHIEF EXECUTIVE OFFICERPosted: 17 Apr 2018
Masters Degree, 8-12 years:
"Principal officer of a composite insurance brokers, heading reinsurance vertical"
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(45/67) SENIOR MANAGER UNDERWRITINGPosted: 19 Mar 2018
Masters Degree
education, 16-20 years
of experience.
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(44/67) INTERNAL AUDITORPosted: 01 Nov 2017
Masters Degree, 2-4 years:
"Experienced of 3 years in financial service industry."
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(43/67) SENIOR MANAGER, BUSINESS SOLUTIONSPosted: 24 Aug 2017
Masters Degree, 4-8 years:
"Project management, Strategy and Operational excellence"
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(42/67) OPERATIONS MANAGERPosted: 10 Aug 2017
Bachelors Degree, 12-16 years:
"handle operations, client management, service deliveries and team management"
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(41/67) INSURANCE AGENTPosted: 30 Jul 2017
Bellow H. School, 0-1 year:
"Selling Life insurance policy to the clients"
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(40/67) LIFE INSURANCEPosted: 02 Jun 2017
Masters Degree, 4-8 years:
"I work in Banca Channel, I train the Bank employees regarding products, lead generation & services"
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(39/67) GENERAL INSURANCEPosted: 31 May 2017
Masters Degree, 16-20 years:
"Business Transformation Professional - setting up, and managing a multi-year transformation agenda"
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(38/67) INSURANCE SALESPosted: 31 Jan 2017
Bachelors Degree, 4-8 years:
"recruiting agents and get sales done from them"
HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?
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(37/67) INSURANCE BROKERPosted: 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."
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(36/67) HEALTH INSURANCEPosted: 07 Jan 2017
Bachelors Degree, 4-8 years:
"Documentation Writer, Learning and Devlopment"
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(35/67) INSURANCE UNDERWRITERPosted: 05 Dec 2016
Masters Degree, 8-12 years:
"Department management, relationship management, risk management"
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(34/67) GENERAL INSURANCEPosted: 08 Nov 2016
Masters Degree, 20+ years:
"25 yrs exp in uw and claims. Fellowship In insurance"
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(33/67) OTHER INSURANCE CAREERPosted: 01 Aug 2016
Bachelors Degree, 2-4 years:
"Analytics. Work in insurance pricing for one of the biggest insurers of the world"
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(32/67) RISK MANAGEMENT INSURANCEPosted: 04 May 2016
Masters Degree, 8-12 years:
"Risk Assessment and SOX Compliance"
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(31/67) OTHER INSURANCE CAREERPosted: 10 Oct 2015
Masters Degree, 8-12 years:
"Insurance outsourcing - Team lead"
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(30/67) RISK MANAGEMENT INSURANCEPosted: 17 Oct 2014
Masters Degree
education, 4-8 years
of experience.
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(29/67) GENERAL INSURANCEPosted: 14 Oct 2014
Masters Degree
education, 8-12 years
of experience.
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(28/67) INSURANCEPosted: 13 Oct 2014
High School
education, 16-20 years
of experience.
HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?
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(27/67) INSURANCE UNDERWRITERPosted: 05 Sep 2014
Masters Degree
education, 2-4 years
of experience.
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(26/67) GENERAL INSURANCEPosted: 19 Jul 2014
Masters Degree
education, 12-16 years
of experience.
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(25/67) HEALTH INSURANCEPosted: 10 Jul 2014
Bachelors Degree
education, 4-8 years
of experience.
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(24/67) RISK MANAGEMENT INSURANCEPosted: 13 Jun 2014
Masters Degree
education, 8-12 years
of experience.
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(23/67) MARKETING ASSOCIATE INSURANCEPosted: 06 May 2014
Masters Degree
education, 12-16 years
of experience.
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(22/67) INSURANCEPosted: 02 Apr 2014
Masters Degree
education, 4-8 years
of experience.
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(21/67) OTHER INSURANCE CAREERPosted: 27 Mar 2014
Bachelors Degree
education, 2-4 years
of experience.
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(20/67) OTHER INSURANCE CAREERPosted: 19 Mar 2014
Bachelors Degree
education, 4-8 years
of experience.
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(19/67) GENERAL INSURANCEPosted: 11 Mar 2014
Masters Degree
education, 8-12 years
of experience.
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(18/67) INSURANCE UNDERWRITERPosted: 10 Mar 2014
Masters Degree
education, 4-8 years
of experience.
HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?
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(17/67) LIFE INSURANCEPosted: 08 Mar 2014
Bachelors Degree
education, 8-12 years
of experience.
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(16/67) INSURANCEPosted: 04 Mar 2014
Bachelors Degree
education, 8-12 years
of experience.
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(15/67) LIFE INSURANCEPosted: 11 Jan 2014
Masters Degree
education, 2-4 years
of experience.
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(14/67) INSURANCE BROKERPosted: 29 Dec 2013
Bachelors Degree
education, 8-12 years
of experience.
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(13/67) INSURANCEPosted: 21 Dec 2013
Bellow H. School
education, 0-1 year
of experience.
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(12/67) GENERAL INSURANCEPosted: 24 Nov 2013
Masters Degree
education, 12-16 years
of experience.
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(11/67) OTHER INSURANCE CAREERPosted: 04 Nov 2013
Bachelors Degree
education, 8-12 years
of experience.
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(10/67) RISK MANAGEMENT INSURANCEPosted: 04 Jun 2012
Bachelors Degree
education, 4-8 years
of experience.
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(9/67) INSURANCE UNDERWRITERPosted: 31 Mar 2012
Bachelors Degree
education, 4-8 years
of experience.
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(8/67) OTHER INSURANCE CAREERPosted: 27 Feb 2012
Masters Degree
education, 8-12 years
of experience.
HOW MUCH TO PAY EMPLOYEES?
WHAT SALARY SHOULD YOU ASK FOR?
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(7/67) LIFE INSURANCEPosted: 29 Jan 2012
Masters Degree
education, 2-4 years
of experience.
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(6/67) INSURANCE BROKERPosted: 25 Jan 2012
Bachelors Degree
education, 2-4 years
of experience.
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(5/67) GENERAL INSURANCEPosted: 05 Oct 2011
Bachelors Degree
education, 4-8 years
of experience.
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(4/67) INSURANCE UNDERWRITERPosted: 05 Sep 2011
Bachelors Degree
education, 8-12 years
of experience.
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(3/67) HEALTH INSURANCEPosted: 02 Aug 2011
Masters Degree
education, 1-2 years
of experience.
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(2/67) LIFE INSURANCEPosted: 14 Jun 2011
Bachelors Degree
education, 8-12 years
of experience.
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(1/67) INSURANCEPosted: 30 May 2011
Bachelors Degree
education, 2-4 years
of experience.
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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
India • Change Location
| Salary levels | Average GROSS Salary (USD) | Average GROSS Salary | Salary profiles (frequency) |
|---|---|---|---|
| 75K | US$ 74,427 | INR 5,000,000 |
01
|
| 65K | US$ 67,304 | INR 4,266,666 |
03
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| 55K | US$ 50,579 | INR 3,033,333 |
03
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| 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$ 14,230 | INR 840,466 |
15
|
| 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
India • Change Location
| Average GROSS Salary (USD) | Average GROSS Salary | Salary profiles | |
|---|---|---|---|
| Male | US$ 22,327 | INR 1,387,183 | 55 |
| 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 | |
|---|---|---|---|
| Doctorate Degree | US$ 66,252 | INR 4,200,000 | 01 |
| Masters Degree | US$ 28,341 | INR 1,777,891 | 35 |
| Bachelors Degree | US$ 14,339 | INR 834,360 | 25 |
| 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
India • Change Location
| Average GROSS Salary (USD) | Average GROSS Salary | Salary profiles | |
|---|---|---|---|
| 20+ Years | US$ 53,802 | INR 3,448,333 | 03 |
| 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$ 22,700 | INR 1,364,227 | 22 |
| 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
India • Change Location
| Average GROSS Salary (USD) | Average GROSS Salary | Salary profiles | |
|---|---|---|---|
| 45-50 | US$ 67,830 | INR 4,300,000 | 02 |
| 39-44 | US$ 26,309 | INR 1,679,989 | 10 |
| 33-38 | US$ 25,635 | INR 1,585,937 | 16 |
| 27-32 | US$ 17,119 | INR 1,049,276 | 26 |
| 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
India • Change Location
| # | 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. | Health Insurance | US$ 22,328 | INR 1,384,000 | 05 |
| 7. | Life Insurance | US$ 16,872 | INR 1,040,199 | 11 |
| 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 |
SURVEY BY WORK INSURANCE INDIA
India • Change Location
| Average GROSS Salary (USD) | Average GROSS Salary | Salary profiles | |
|---|---|---|---|
| Permanent | US$ 23,567 | INR 1,450,539 | 56 |
| 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. | Hyderabad Insurance | US$ 27,963 | INR 1,766,666 | 03 |
| 3. | Bangalore Insurance | US$ 26,444 | INR 1,647,545 | 11 |
| 4. | Mumbai Insurance | US$ 24,640 | INR 1,508,565 | 23 |
| 5. | Chennai Insurance | US$ 18,695 | INR 1,110,400 | 05 |
| 6. | Calcutta Insurance | US$ 10,453 | INR 663,299 | 04 |
SURVEY BY COUNTRIES INSURANCE
| # | Average GROSS Salary (USD) | Average GROSS Salary | Salary profiles | ||
|---|---|---|---|---|---|
| 1. |  |
Germany Insurance | US$ 101,681 | EUR 80,818 | 11 |
| 2. |  |
Australia Insurance | US$ 91,534 | AU$ 103,712 | 32 |
| 3. |  |
United Kingdom Insurance | US$ 89,206 | GBP 59,481 | 48 |
| 4. |  |
United States Insurance | US$ 75,443 | US$ 75,443 | 405 |
| 5. |  |
Indonesia Insurance | US$ 31,731 | IDR 391,051,025 | 20 |
| 6. |  |
Malaysia Insurance | US$ 29,282 | MYR 98,565 | 85 |
| 7. |  |
India | US$ 21,642 | INR 1,334,135 | 67 |
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