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Maruti Suzuki Insurance Broking Insurance Executive salaries in India

Annual salary range
1 - 6 years exp.
₹1.4 Lakh - ₹3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Insurance Executive Salary at Maruti Suzuki Insurance Broking ranges between ₹1.4 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 13 latest salaries... Read more

21% less than the average Insurance Executive Salary in Insurance Companies for 1 - 6 years of experience

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Last Updated: 8 May 2024

Companies similar to Maruti Suzuki Insurance Broking for Insurance Executive

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹4.4 L/yr

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HDFC Life Insurance Executive Salary

1 - 5 years exp. (26 salaries)

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₹1.7 L/yr - ₹4.5 L/yr

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₹1.6 L/yr - ₹4.7 L/yr

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₹2.1 L/yr - ₹4 L/yr

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₹1 L/yr - ₹3.9 L/yr

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₹1.5 L/yr - ₹5.5 L/yr

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Maruti Suzuki Insurance Broking Insurance Executive salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.2 L/yr
2 years  (4 salaries)

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₹1.4 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
5 years  (4 salaries)

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₹2.1 L/yr - ₹3 L/yr
View all salaries by experience

Similar Designation Salaries at Maruti Suzuki Insurance Broking

Similar Designation Avg. annual salary
Sales Executive Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

MIS Executive Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr

Back Office Executive Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Operations Executive Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Customer Care Executive Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

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₹1.9 L/yr - ₹2.4 L/yr

Computer Operator Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Data Entry Operator Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Team Lead Salary
(3 salaries)
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₹1.8 L/yr - ₹4.2 L/yr

Back Office Staff Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

View more similar designations

Top trending discussions

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a digital marketer
CTC is 50lpa, but cannot even afford a vacation!
My manager is at 50lpa and age of 32 years, fully in the tech world. But I feel he is broke, Home loans and EMI are consuming his salary. 1.5 crore apartment, shiny car, apart from all this, he can't afford a single stress-free vacation. Welcome to India's newest illusion: high income with zero financial freedom. Literally feel he deserves this, but feel bad for him also! So in short, why do you want a good package and a good designation when you can't afford a happy vacation with family? Do you agree too?
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Salary related reviews for Maruti Suzuki Insurance Broking

2.3

Rated by 6 employees for salary & benefits

Sales & Business Development Department

5.0
  •  updated on 01 Aug 2018

4.0
 for  Salary and Benefits

Likes

I feel proud to be a part of Maruti Insurance broking Private limited. The company Provide the lot o...

read more

Dislikes

Compensation Provided by the company is decent but growth is slow. sometimes I need to trav...

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Human Resources Department

2.0
  •  updated on 22 Feb 2018

3.0
 for  Salary and Benefits

Likes

Job security Good compensation benefits like Insurance benefits unlike any other company over and...

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Dislikes

Ineffective leader Leader needs to be changed immediately Focus on productive work rather than paper...

read more

Sales Insurance Department

1.0
  •  updated on 20 Apr 2022

1.0
 for  Salary and Benefits

Likes

On time salary this is the only thing to like because maruti suzuki group handles the same a...

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Dislikes

No one is taking feedbacks and suggestions from the field team, Field sales team is only asked to fo...

read more

Mibpl Department

1.0
  •  updated on 13 May 2022

1.0
 for  Salary and Benefits

Likes

Just having Name of Maruti company is running, The services which they are providing i don't know wh...

read more

Dislikes

No HR Support No Job Security Managers not having committed to what they say they changed there mo...

read more

Sales Department

5.0
  •  updated on 11 Sep 2022

4.0
 for  Salary and Benefits

Likes

I like understanding cooperation of colleagues to support and helping to learn their system as...

read more

Dislikes

no dislike for better opportunity I move on.

see more salary related reviews

Maruti Suzuki Insurance Broking Insurance Executive Salary FAQs

What is the salary of Insurance Executive at Maruti Suzuki Insurance Broking ?
The average salary of a Insurance Executive at Maruti Suzuki Insurance Broking in India typically ranges from ₹1.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Insurance Executive at Maruti Suzuki Insurance Broking earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Insurance Executive Salaries at Maruti Suzuki Insurance Broking can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Maruti Suzuki Insurance Broking employees in India.
What is the estimated take home salary of a Insurance Executive at Maruti Suzuki Insurance Broking in India?
The estimated take-home salary of a Insurance Executive at Maruti Suzuki Insurance Broking in India typically ranges from ₹14,215 to ₹15,715 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Maruti Suzuki Insurance Broking. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Maruti Suzuki Insurance Broking for Insurance Executive in India?
ICICI Prudential Life Insurance ₹2.1 Lakhs to ₹4.0 Lakhs per year
HDFC Life ₹1.7 Lakhs to ₹4.5 Lakhs per year
Health India Tpa Services ₹1.5 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance ₹1.6 Lakhs to ₹4.7 Lakhs per year
ICICI Lombard General Insurance Company ₹1.5 Lakhs to ₹4.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Maruti Suzuki Insurance Broking, depending on the role and experience level.
What is the salary of a Insurance Executive in companies similar to Maruti Suzuki Insurance Broking in India?
The salary of a Insurance Executive at companies similar to Maruti Suzuki Insurance Broking in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

United India Insurance Company ₹1.0 Lakhs to ₹3.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Insurance Executive at Maruti Suzuki Insurance Broking in India?
The salary growth for a Insurance Executive at Maruti Suzuki Insurance Broking depends on factors such as experience, performance, and promotions. On average, a Insurance Executive can expect the following growth trajectory at Maruti Suzuki Insurance Broking:

Experience Average Salary Range
1 year ₹1.7 Lakhs to ₹2.2 Lakhs per year
2 years ₹1.4 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
4 years ₹1.9 Lakhs to ₹2.4 Lakhs per year
and so on.

Tell us how to improve this page.

Maruti Suzuki Insurance Broking Insurance Executive salary in India ranges between ₹1.4 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Maruti Suzuki Insurance Broking latest salaries received from various employees of Maruti Suzuki Insurance Broking.