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Insurance Consultant

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Insurance Consultant Salary in India

based on 404 latest salaries

Average Annual Salary

₹3.4 Lakhs

Very High Confidence
info icon
Very High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

₹ 16,678 - ₹ 18,391

Insurance Consultant salary in India ranges between ₹ 1.0 Lakhs to ₹ 12.0 Lakhs with an average annual salary of ₹ 3.4 Lakhs. Salary estimates are based on 404 latest salaries received from Insurance Consultants.

Last Updated: 15 Sept, 2024

Salaries in different departments

BFSI, Investments & Trading
Insurance Consultant Salary
0 - 10 years exp. (63 salaries)
₹3.6 Lakhs

₹1 L/yr - ₹6 L/yr

Sales & Business Development
Insurance Consultant Salary
0 - 11 years exp. (39 salaries)
₹3.2 Lakhs

₹1 L/yr - ₹4.8 L/yr

Customer Success, Service & Operations
Insurance Consultant Salary
0 - 9 years exp. (31 salaries)
₹3.1 Lakhs

₹1 L/yr - ₹10 L/yr

Finance & Accounting
Insurance Consultant Salary
0 - 10 years exp. (25 salaries)
₹3.2 Lakhs

₹1 L/yr - ₹6 L/yr

Consulting
Insurance Consultant Salary
0 - 8 years exp. (20 salaries)
₹3.2 Lakhs

₹1 L/yr - ₹12 L/yr

View all

Average Annual Salary by Experience

Very High Confidence
info icon
Very High Confidence means the data is based on a large number of latest salaries.

Insurance Consultant salary in India with less than 1 year of experience to 12 years ranges from ₹ 1.0 Lakhs to ₹ 12.0 Lakhs with an average annual salary of ₹ 3.4 Lakhs based on 404 latest salaries.

Similar Designations

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₹1 L/yr - ₹4.3 L/yr
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Assistant Manager Salary
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₹8.3 Lakhs
₹3 L/yr - ₹16.7 L/yr
Senior Executive Salary
(2.5L salaries)
₹5.5 Lakhs
₹2.3 L/yr - ₹9.5 L/yr
Process Associate Salary
(1L salaries)
₹3.1 Lakhs
₹1.5 L/yr - ₹4.3 L/yr
Senior Associate Salary
(2.4L salaries)
₹9.5 Lakhs
₹2.3 L/yr - ₹22.7 L/yr
Supervisor Salary
(77.7k salaries)
₹3.3 Lakhs
₹0.9 L/yr - ₹6 L/yr
Sales Manager Salary
(1.2L salaries)
₹7 Lakhs
₹2.2 L/yr - ₹16 L/yr
Deputy Manager Salary
(2.2L salaries)
₹9.5 Lakhs
₹4 L/yr - ₹18 L/yr
Financial Advisor Salary
(4k salaries)
₹4.7 Lakhs
₹1.2 L/yr - ₹8.6 L/yr
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(418 salaries)
₹3.5 Lakhs
₹0.6 L/yr - ₹5 L/yr
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(3.2L salaries)
₹16.1 Lakhs
₹4 L/yr - ₹31 L/yr
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(58.5k salaries)
₹2.6 Lakhs
₹1.1 L/yr - ₹4 L/yr
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(78.2k salaries)
₹3.5 Lakhs
₹1.6 L/yr - ₹6.3 L/yr
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(1.6k salaries)
₹3.9 Lakhs
₹2.5 L/yr - ₹4.5 L/yr
Data Entry Operator Salary
(62.6k salaries)
₹2.2 Lakhs
₹0.2 L/yr - ₹4 L/yr
Advisor Salary
(10.4k salaries)
₹4.9 Lakhs
₹1.3 L/yr - ₹9 L/yr
Relationship Manager Salary
(81.7k salaries)
₹5 Lakhs
₹2 L/yr - ₹8 L/yr
Customer Service Associate Salary
(39.1k salaries)
₹2.9 Lakhs
₹1.2 L/yr - ₹4.5 L/yr
Senior Relationship Manager Salary
(15.6k salaries)
₹5.4 Lakhs
₹2.6 L/yr - ₹10.8 L/yr
Relationship Officer Salary
(18.6k salaries)
₹2.9 Lakhs
₹1.5 L/yr - ₹4.4 L/yr
Customer Service Executive Salary
(76.5k salaries)
₹3 Lakhs
₹1.2 L/yr - ₹4.8 L/yr
Business Development Manager Salary
(99.4k salaries)
₹7.4 Lakhs
₹2.6 L/yr - ₹16.8 L/yr
Senior Corporate Agency Manager Salary
(1.6k salaries)
₹4.7 Lakhs
₹3.5 L/yr - ₹5.5 L/yr

Top Skills for Insurance Consultants

based on 31 jobs

Skills

Jobs demanding the skill

1

Insurance

View jobs

2

Financial Services

View jobs

3

Capital Market

View jobs

4

Life Insurance

View jobs

5

Senior Management

View jobs

Popular Companies for Insurance Consultant in India

Company Name Avg Annual Salary
Bajaj Allianz Life Insurance
0 - 8 yrs exp. (91 salaries)

₹3.3 Lakhs

₹1 L/yr - ₹6.5 L/yr

Bajaj Allianz
0 - 2 yrs exp. (10 salaries)

₹2.6 Lakhs

₹1.8 L/yr - ₹5.4 L/yr

Bajaj Allianz General Insurance
0 - 2 yrs exp. (10 salaries)

₹2.8 Lakhs

₹1.2 L/yr - ₹4.1 L/yr

Life Insurance Corporation of India
0 - 6 yrs exp. (9 salaries)

₹2.9 Lakhs

₹1.5 L/yr - ₹7.5 L/yr

Cognizant
7 - 9 yrs exp. (7 salaries)

₹17.4 Lakhs

₹15.1 L/yr - ₹21 L/yr

Reliance Nippon Life Insurance
1 - 8 yrs exp. (5 salaries)

₹1.6 Lakh

₹1.2 L/yr - ₹2 L/yr

PolicyBazaar
0 - 5 yrs exp. (5 salaries)

₹2.8 Lakhs

₹2 L/yr - ₹3.7 L/yr

Insurance Company
0 - 4 yrs exp. (5 salaries)

₹1.9 Lakh

₹1.1 L/yr - ₹3 L/yr

HTIC Global
2 - 7 yrs exp. (5 salaries)

₹2.7 Lakhs

₹2.4 L/yr - ₹3 L/yr

ICICI Prudential Life Insurance
0 - 2 yrs exp. (4 salaries)

₹2.7 Lakhs

₹2.5 L/yr - ₹2.9 L/yr

Salary related reviews by similar designations like Insurance Consultant

Bajaj Allianz Life Insurance

Senior Relationship Manager

5.0
posted on 18 Oct 2023
5.0 for Salary and Benefits

Likes

I feel very happy for working in bajaj Allianz life insurance co. Ltd about product wise, salary wise, communication wise and higher officials support is very good

read more

Dislikes

Nothing dislike

Bajaj Allianz Life Insurance

Senior Relationship Manager

5.0
posted on 10 Aug 2023
4.0 for Salary and Benefits

Likes

Good work life balance Good work culture Good leave and incentive structure Supportive superiors and colleagues

Dislikes

Salary Structure No rating salary hike only if promoted

Bajaj Allianz Life Insurance

Senior Relationship Manager

5.0
posted on 05 Feb 2021
5.0 for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Dislikes

Nothing

Bajaj Allianz Life Insurance

Senior Executive

4.0
posted on 19 Sep 2023
4.0 for Salary and Benefits

Likes

Salary is on time or before time ( on some special occasions)

Dislikes

Back office employees are always underrated

Bajaj Allianz Life Insurance

Business Development Manager

5.0
posted on 08 Apr 2021
5.0 for Salary and Benefits

Likes

Very good friendly culture.. Good growth

Dislikes

managers hold employee salary if they want in sales which is very bad ..

read more

Frequently Asked Questions about Insurance Consultant Salaries

What is the salary of a Insurance Consultant in India?
Average salary for a Insurance Consultant in India is 3.4 Lakhs per year (₹27.9k per month). Salary estimates are based on 404 latest salaries received from various Insurance Consultants across industries.
What is the starting salary for a Insurance Consultant in India?
Average starting Salary for Insurance Consultant in India is around ₹1.0 Lakhs per year (₹8.3k per month). No prior experience is required to be a Insurance Consultant.
What is the highest salary for a Insurance Consultant in India?
Highest salary that a Insurance Consultant can earn is ₹12.0 Lakhs per year (₹1.0L per month).
How does Insurance Consultant Salary in India change with experience?
An Entry Level Insurance Consultant with less than three years of experience earns an average salary of ₹2.6 Lakhs per year. A mid-career Insurance Consultant with 4-9 years of experience earns an average salary of ₹4.3 Lakhs per year, while an experienced Insurance Consultant with 10-20 years of experience earns an average salary of ₹9.4 Lakhs per year.
What are the top paying industries for Insurance Consultant in India?
What are the top paying cities for Insurance Consultant in India?
What are the popular/top skills required to become a Insurance Consultant?
These are the top skills of a Insurance Consultant based on 31 jobs posted by employers.
  • Insurance
  • Financial Services
  • Capital Market
  • Life Insurance
  • Senior Management

Insurance Consultant Salary by Location

Insurance Consultant Salary by Industry

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Insurance Consultant Interview Questions
based on 8 interviews
Q1.
About your self?
Q2.
Are you fresher or experienced?
Q3.
Are you comfortable in this location or job profile?
Q4.
What's your salary expectation?
+11 more questions
Insurance Consultant Jobs
Insurance Consultant

Delhi/Ncr

1-3 Yrs

₹ 1.75-2.5 LPA

SAP Reinsurance Consultant

Remote

4-8 Yrs

₹ 6-10 LPA

Explore more jobs

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