India
Insurance Agent Salary in Mumbai, Maharashtra
₹270K
20% Low Band Avg
INR ₹393K
Average
₹2,681K
80% High Band Avg
Salaries based on experience level
The Average Entry Level salary of Insurance Agent in Mumbai, Maharashtra is INR ₹295K/yr, this salary increases 33% to ₹393K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 30% from ₹393K/yr to ₹511K/yr.
Salary Compared to India National Average Salary
- Insurance Agent in Mumbai, Maharashtra Salary
- vs
- Insurance Agent in India Salary
The Average Salary of Insurance Agent in Mumbai, Maharashtra is ₹393K/yr. This is +59% higher (₹147,410) compared to India national average salary of ₹246K/yr.
Salary Compared to Mumbai City Average Salary
- Insurance Agent in Mumbai, Maharashtra Salary
- vs
- Mumbai, Maharashtra City Average Salary
The Average Salary of Insurance Agent in Mumbai, Maharashtra is -53% lower (-447,661) than the average salary for the city of Mumbai, Maharashtra ₹841K/yr.
Insurance Agent job description
JOB TITLE: Insurance Agent
OVERVIEW/SUMMARY OF THE ROLE:
An insurance agent is a professional tasked with selling insurance policies to clients that offer financial coverage against damages or loss related to health, property, accidents, and life. They work for insurance companies and brokerages, and provide expert advice to clients on how to protect their interests through insurance.
RESPONSIBILITIES AND DUTIES:
- Evaluate clients’ insurance needs and offer appropriate coverage policies
- Provide expert advice to clients on the best insurance products suited to their needs
Insurance Agent interview questions
Interviewer: Good morning. Can you tell me a little bit about your experience in the insurance industry?
Candidate: Yes, absolutely. I've been working as an insurance agent for the past five years. During that time, I've worked for multiple insurance companies and have gained experience in property and casualty insurance as well as life insurance.
Interviewer: How do you stay up to date on the latest trends and developments in the insurance industry?
Candidate: I make it a point to attend conferences and seminars related to insurance, and also constantly read industry publications and news articles to keep myself informed.
Interviewer: How do you approach building relationships with clients?
Candidate: I believe in building a rapport with clients by actively listening to their needs and concerns, and providing personalized solutions to meet their needs.
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