INSURANCE / SALARY
--OTHER--

SALARY SURVEYS

5

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

83.19 INR = 1 USD

1,733,055 INR

$20,833 USD

Bangalore

2,114,389 INR

332,752 INR

$4,000 USD

Including "Bangalore"

Excluding "Bangalore"

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Average Salary / Insurance / --Other--

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Average salary for Insurance / --Other-- is 1,733,055 INR per year. The most typical earning is 332,752 INR. All data are based on 5 salary surveys. Salaries are different between men and women. Men receive an average salary of 1,730,310 INR. Women receive a salary of n/a.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 2,071,381 INR. The second most paid education level is High School with salary of 399,302 INR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 6,397,157 INR. Employees with 12-16 Years of experience receive 1,098,081 INR.

Levels / Insurance / --Other-- (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
THE MOST TYPICAL SALARY
249,600 INR - 415,899 INR	2	100% 40%
415,900 INR - 831,799 INR	1	60% 20%
831,900 INR - 1,247,699 INR	1	40% 20%
1,247,800 INR - 1,663,699 INR	0	n/a
1,663,800 INR - 2,079,599 INR	0	n/a
2,079,700 INR - 2,495,599 INR	0	n/a
2,495,600 INR - 2,911,499 INR	0	n/a
2,911,600 INR - 3,327,399 INR	0	n/a
3,327,500 INR - 3,743,399 INR	0	n/a
3,743,500 INR - 4,159,299 INR	0	n/a
4,159,400 INR - 4,575,299 INR	0	n/a
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	0	n/a
6,239,100 INR - 6,654,999 INR	1	20% 20%
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 / --Other-- (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	5	1,730,310 INR

Education / Insurance / --Other-- (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Bachelors Degree	4	2,071,381 INR
2	High School	1	399,302 INR

Experience / Insurance / --Other-- (Gross INR)

#		Surveys
1	16-20 Years	1	6,397,157 INR
2	12-16 Years	1	1,098,081 INR
3	4-8 Years	1	424,258 INR
4	2-4 Years	1	399,302 INR
5	8-12 Years	1	349,389 INR

Age / Insurance / --Other-- (Gross INR)

#		Surveys
1	41-45	2	3,751,778 INR
2	26-30	2	407,621 INR
3	31-35	1	349,389 INR

Work Type / Insurance / --Other-- (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	5	1,730,310 INR

Careers / Insurance / --Other-- (Gross INR)

#		Surveys
1	Insurance Sales	1	6,397,157 INR
2	Risk Management Insurance	1	1,098,081 INR
3	Other Insurance Career	1	424,258 INR
4	Insurance Underwriter	1	399,302 INR
5	Insurance	1	349,389 INR

People's individual salary examples (surveys)

Team Lead

Posted 21 August 2021
Key knowledge and tasks

"Sanctions check."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	12-16 Years	Advanced	1,099,700 INR

Head Sales & Marketing

Posted 26 August 2020
Key knowledge and tasks

"Digital marketing and e-commerce business."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	16-20 Years	n/a	6,399,100 INR

Insurance Operation Sspecialist

Posted 26 February 2019
Key knowledge and tasks

"Insurance operations claims and compliance officer."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	8-12 Years	n/a	348,700 INR

Clerical

Posted 25 February 2019
Key knowledge and tasks

"Clerical post under Nationalised Insurance company."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	High School	2-4 Years	n/a	395,200 INR

INSURANCE / SALARY --OTHER--

5