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LIFE INSURANCE / SALARY
Average Salary - Life Insurance / India INDIA

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SALARY SURVEYS

21

 UPDATED
April 2024
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(based on your career and experience)
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
83.19 INR = 1 USD

1,350,141 INR

$16,230 USD
Bangalore

761,918 INR

582,316 INR

$7,000 USD
Including "Bangalore"
Excluding "Bangalore"
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Average Salary / Life Insurance / India

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Average salary for Life Insurance / India is 1,350,141 INR per year. The most typical earning is 582,316 INR. All data are based on 21 salary surveys. Salaries are different between men and women. Men receive an average salary of 1,430,833 INR. Women receive a salary of 840,198 INR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 1,863,411 INR. The second most paid education level is Masters Degree with salary of 1,622,166 INR.

Different experiences affect earning as well. People with 1-2 Years of experience receive salary of 1,713,672 INR. Employees with 0-1 Year of experience receive 1,514,021 INR.

Levels / Life Insurance / India (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
249,600 INR - 415,899 INR
1 100%
4.76%
THE MOST TYPICAL SALARY
415,900 INR - 831,799 INR
8 95.24%
38.1%
831,900 INR - 1,247,699 INR
4 57.14%
19.05%
1,247,800 INR - 1,663,699 INR
3 38.1%
14.29%
1,663,800 INR - 2,079,599 INR
1 23.81%
4.76%
2,079,700 INR - 2,495,599 INR
1 19.05%
4.76%
2,495,600 INR - 2,911,499 INR
0 n/a
2,911,600 INR - 3,327,399 INR
2 14.29%
9.52%
3,327,500 INR - 3,743,399 INR
0 n/a
3,743,500 INR - 4,159,299 INR
1 4.76%
4.76%
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
0 n/a
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
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Gender / Life Insurance / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Men 17 1,430,833 INR
2 Women 3 840,198 INR

Education / Life Insurance / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 1 1,863,411 INR
2 Masters Degree 9 1,622,166 INR
3 Bachelors Degree 10 1,114,719 INR
4 High School 1 748,692 INR

Experience / Life Insurance / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 1-2 Years 2 1,713,672 INR
2 0-1 Year 1 1,514,021 INR
3 2-4 Years 5 1,405,877 INR
4 8-12 Years 6 1,289,414 INR
5 4-8 Years 6 1,272,776 INR
6 12-16 Years 1 1,039,850 INR

Age / Life Insurance / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 31-35 6 1,971,555 INR
2 21-25 4 1,813,498 INR
3 n/a 1 1,563,934 INR
4 41-45 1 1,039,850 INR
5 26-30 8 773,648 INR
6 36-40 1 499,128 INR

Work Type / Life Insurance / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Part Time 1 4,001,342 INR
2 Permanent 17 1,281,095 INR
3 Contract 3 840,198 INR

Cities / Life Insurance / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Navi Mumbai 1 1,863,411 INR
2 Mumbai 11 1,713,672 INR
3 Delhi 2 1,663,760 INR
4 Chennai 1 873,474 INR
5 Bangalore 1 765,329 INR
6 Aurangabad 1 748,692 INR
7 Vijayawada 1 582,316 INR
8 Bhopal 1 540,722 INR
9 Calcutta 1 424,258 INR
10 Pune 1 357,708 INR

People's individual salary examples (surveys)

Actuary
Posted 08 November 2021
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 1-2 Years Advanced 2,291,200 INR

Actuarial Manager
Posted 31 December 2020
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 0-1 Year n/a 1,512,400 INR

Strategy
Posted 31 May 2020
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 8-12 Years n/a 3,257,700 INR

Manager It-digital
Posted 06 April 2020
City Education Experience Knowledge Gross salary / year
Navi Mumbai Doctorate Degree 4-8 Years n/a 1,861,500 INR

Subject Matter Expert
Posted 06 February 2020
City Education Experience Knowledge Gross salary / year
Pune Bachelors Degree 4-8 Years n/a 360,600 INR

Associate Manager
Posted 22 January 2020
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 631,700 INR

Relationship Manager
Posted 08 January 2020
City Education Experience Knowledge Gross salary / year
Chennai Bachelors Degree 8-12 Years n/a 872,600 INR

Actuarial
Posted 18 July 2019
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 1,278,800 INR

Executive Unit Sales Manager
Posted 18 June 2019
City Education Experience Knowledge Gross salary / year
Vijayawada Masters Degree 2-4 Years n/a 581,300 INR

Business Analyst
Posted 08 May 2019
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 725,500 INR

Sr. Actuarial Manager
Posted 02 May 2019
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 1,162,600 INR

Operations
Posted 18 March 2019
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 1-2 Years n/a 1,133,500 INR

Process Leader
Posted 15 August 2018
City Education Experience Knowledge Gross salary / year
Bangalore Bachelors Degree 8-12 Years n/a 761,900 INR

Manager
Posted 27 July 2018
City Education Experience Knowledge Gross salary / year
Aurangabad High School 8-12 Years n/a 751,500 INR

Sales Manager
Posted 05 July 2018
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 12-16 Years n/a 1,036,600 INR

Senior Manager, Business Solutions
Posted 24 August 2017
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 3,095,700 INR


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