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    Mahindra Insurance Brokers

    Compare button icon Compare button icon Compare
    3.9

    based on 238 Reviews

    HQ - Mumbai, India Insurance 1k-5k Employees (India) Financial Services
    filter salariesFilter salaries by
    Designation
    Experience
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    Mahindra Insurance Brokers Salaries in India

    based on 977 latest salaries

    3.6

    Rated by 238 Employees for salary and benefits

    Top Departments at Mahindra Insurance Brokers
    BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Marketing & Communication Human Resources Finance & Accounting + 4 more
    Designation Average Salary
    Yearly arrow-down

    Business Development Executive

    Experience: 2 - 6 yrs (63 Salaries)
    ₹ 2,71,030/year

    (₹1.8L/yr - ₹3.5L/yr)

    Area Manager

    Experience: 2 - 13 yrs (57 Salaries)
    ₹ 6,11,797/year

    (₹3.3L/yr - ₹11.0L/yr)

    Territory Manager

    Experience: 2 - 10 yrs (48 Salaries)
    ₹ 3,68,614/year

    (₹2.4L/yr - ₹6.0L/yr)

    Deputy Manager

    Experience: 3 - 17 yrs (36 Salaries)
    ₹ 7,85,979/year

    (₹3.1L/yr - ₹13.0L/yr)

    Senior Business Development Executive

    Experience: 1 - 11 yrs (30 Salaries)
    ₹ 3,04,916/year

    (₹2.1L/yr - ₹4.5L/yr)

    Customer Relation Executive

    Experience: 0 - 4 yrs (30 Salaries)
    ₹ 1,77,406/year

    (₹1.0L/yr - ₹2.2L/yr)

    Senior Customer Relation Executive

    Experience: 2 - 5 yrs (15 Salaries)
    ₹ 2,37,044/year

    (₹1.5L/yr - ₹3.0L/yr)

    Team Coach

    Experience: 2 - 6 yrs (13 Salaries)
    ₹ 2,17,621/year

    (₹1.4L/yr - ₹3.0L/yr)

    Senior Territory Manager

    Experience: 4 - 13 yrs (13 Salaries)
    ₹ 5,31,440/year

    (₹3.8L/yr - ₹8.5L/yr)

    Process Support Officer

    Experience: 1 - 9 yrs (13 Salaries)
    ₹ 3,41,802/year

    (₹1.8L/yr - ₹4.7L/yr)

    Last Updated: 2 Oct, 2023

    Mahindra Insurance Brokers Salary FAQs

    How much does Mahindra Insurance Brokers pay per year?
    The average Mahindra Insurance Brokers salary ranges from approximately ₹1.1 Lakhs per year for a Customer Support Executive to ₹37.3 Lakhs per year for a Deputy General Manager. Salary estimates are based on 977 Mahindra Insurance Brokers salaries received from various employees of Mahindra Insurance Brokers. Mahindra Insurance Brokers employees rate the overall salary and benefits package 3.6/5 stars.
    What is the highest salary in Mahindra Insurance Brokers?
    The highest-paying job at Mahindra Insurance Brokers is a Deputy General Manager with a salary of ₹37.3 Lakhs per year. The top 10% of employees earn more than ₹17.20 lakhs per year. The top 1% earn more than a whopping ₹39.48 lakhs per year.
    What is the minimum salary in Mahindra Insurance Brokers?
    Minimum salary at Mahindra Insurance Brokers depends on the role you are applying for. For Customer Relation Executive the minimum salary is ₹1.8 Lakhs per year, for Team Coach the minimum salary is ₹2.2 Lakhs per year and so on.
    What is the notice period at Mahindra Insurance Brokers?
    According to AmbitionBox, 53% of the Mahindra Insurance Brokers employees reported a notice period of 1 Month, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 678 responses on AmbitionBox in last 2 years.

    Reviews which talk about salary at Mahindra Insurance Brokers

    Senior Application Support Engineer in Mumbai

    Full Time

     · 

    IT Support Department

    4.0
    posted on 28 Jul 2023
    4.0 for Salary and Benefits

    Likes

    Activity going on weekend (every Friday) Supporting people and management. Good environment to work Birthday celebration all together with team.

    Dislikes

    ... Salary hike appraisal delayed this year. Work load is not managed properly.

    Work Details

    Work days: Monday to Saturday (Flexible Timings)

    Deputy Area Manager in Hazaribagh

    Full Time

     · 

    BD / Pre Sales Department

    5.0
    posted on 25 Jun 2022
    5.0 for Salary and Benefits

    Likes

    ...job security, appraisal are fair and they give good salary hike.

    Dislikes

    Verticalisation ,politics salary is good but career growth is slow,

    Senior Territory Manager in Coimbatore

    Full Time

     · 

    Trading, Asset & Wealth Management Department

    2.0
    posted on 29 May 2021
    1.0 for Salary and Benefits

    Likes

    ...Main Part - Salary slab was very worst and no increment, Executives stay 5 + year experience but salary at end they only out for 230000PA and starts with 180000 PA which is terrible and all work for salary that is not get what we work. Incentive was not given proper time as per time line eg: Quarterly plan, they provide incentive after 6months of that quarter and they not provide calculation for that incentive what we received

    Work Details

    Work timings: Strict Timings

    see more salary related reviews

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    Average annual salary in Mahindra Insurance Brokers is INR 7.2 lakhs . Salary estimates are based on 977 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.