Insurance Manager
Annual salary range
₹2.5 Lakhs - ₹6.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byInsurance Manager Salary in Banking / Insurance / Accounting in India
based on 106
latest salaries
• updated:
21 Dec 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Insurance Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
2
years
(23
salaries)
|  ₹2.5 L/yr - ₹5 L/yr |
3
years
(12
salaries)
| ₹2.6 L/yr - ₹5 L/yr |
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| |
4
years
(16
salaries)
| ₹3 L/yr - ₹5.4 L/yr |
5
years
(18
salaries)
| ₹2.5 L/yr - ₹5.5 L/yr |
6
years
(10
salaries)
| ₹2.5 L/yr - ₹6.3 L/yr |
View all salaries by experience
Insurance Manager Salary in
India ranges between ₹2.5
Lakhs to ₹6.5
Lakhs for
2 years of experience to 15 years of experience
. Salary estimates are based on
106 latest salaries received
from Insurance Manager.
See latest salaries
Insurance Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Insurance Manager Salary
2 - 11
years
exp.
(26
salaries)
| ₹2.5 L/yr - ₹6.5 L/yr |
Login to view exact salary
| |
Sales & Business Development
Insurance Manager Salary
2 - 14
years
exp.
(18
salaries)
| ₹2.6 L/yr - ₹6.3 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Insurance Managers
1d ago
Bycyshare Technologies
Insurance Manager
13 years exp.
2d ago
Probus Insurance Broker Private limited
Insurance Manager
6 years exp.
2d ago
PNB MetLife
Insurance Manager
5 years exp.
2d ago
CARS24
Insurance Manager
7 years exp.
3d ago
AKC World
Insurance Manager
6 years exp.
5d ago
Prudent Insurance Brokers
Insurance Manager
7 years exp.
5d ago
Maruti Suzuki
Insurance Manager
8 years exp.
6d ago
Niva Bupa Health Insurance Company
Insurance Manager
4 years exp.
6d ago
Credence Family Office
Insurance Manager
5 years exp.
6d ago
Bajaj Allianz Life Insurance
Insurance Manager
6 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
9 yrs
exp.
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 L/yr | |
10 yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
Login to view exact salary
| ||
17 yrs
exp.
(AmbitionBox Estimate)
|
₹4.5 L/yr - ₹5.8 L/yr | |
9 yrs
exp.
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
|
17 yrs
exp.
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
|
14 yrs
exp.
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
|
9 yrs
exp.
(AmbitionBox Estimate)
|
₹5.9 L/yr - ₹7.5 L/yr | |
|
31 yrs
exp.
(AmbitionBox Estimate)
|
₹4.5 L/yr - ₹5.8 L/yr | |
Login to view exact salary
| ||
Fresher
(AmbitionBox Estimate)
|
₹0.7 L/yr - ₹0.9 L/yr | |
Insurance Manager Jobs in India
Insurance Manager
· 3-7 years
NJ Group
₹4.5
L/yr
- ₹5
L/yr
Dhanbad
Insurance Manager
· 5-10 years
Meditrina Hospital
₹4
L/yr
- ₹6.5
L/yr
Kollam
Insurance Manager
· 10-15 years
Interocean Shipping India
₹6.5
L/yr
- ₹7.5
L/yr
Delhi/Ncr
Similar Designation Salaries for Insurance Manager
| Designations | Avg Annual Salary |
|---|---|
Branch Manager Salary
4 -
17
years
exp.
(1.2k salaries)
| ₹3.1 L/yr - ₹15 L/yr |
Store Manager Salary
3 -
15
years
exp.
(76 salaries)
| ₹2.1 L/yr - ₹38.1 L/yr |
Login to view exact salary
| |
Assistant Manager Salary
2 -
13
years
exp.
(5.6k salaries)
| ₹2.8 L/yr - ₹15.5 L/yr |
Area Manager Salary
4 -
16
years
exp.
(441 salaries)
| ₹4.2 L/yr - ₹15 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(2.4k salaries)
| ₹3.4 L/yr - ₹12 L/yr |
View more similar designations
Salary related reviews by similar designations like Insurance Manager
HDFC Life
Assistant Manager
• posted on 17 Sep 2024
Likes
"Supportive and approachable upper management Smooth onboarding with a welcoming HR team Great work-life balance Competitive salary and perks"
read moreDislikes
No
Kotak Mahindara Life Insurance
Sales Manager
• posted on 27 Nov 2024
Likes
Work culture is sincerely very good over here. Management does not disturb you unless you are not at all doing your job.
read moreDislikes
Salary and incentive is lesser than direct channel or other market.
Kotak Mahindara Life Insurance
Deputy Manager
• posted on 04 Feb 2023
Likes
Good Culture, Ethical approach, and very good organization for survive.
Dislikes
No promotions and low salary growth.
Top skills for Insurance Manager
Insurance Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Insurance Manager
2 -
15
years
exp.
| ₹1.8 L/yr - ₹11.5 L/yr |
Mumbai
Insurance Manager
2 -
15
years
exp.
| ₹2.2 L/yr - ₹20 L/yr |
Login to view exact salary
| |
Chennai
Insurance Manager
2 -
15
years
exp.
| ₹1.9 L/yr - ₹7.5 L/yr |
Bangalore / Bengaluru
Insurance Manager
2 -
14
years
exp.
| ₹2.2 L/yr - ₹11.1 L/yr |
Pune
Insurance Manager
1 -
15
years
exp.
| ₹2.5 L/yr - ₹17.5 L/yr |
View More
Insurance Manager Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Insurance Manager
2 -
15
years
exp.
| ₹2.2 L/yr - ₹8.4 L/yr |
Insurance
Insurance Manager
2 -
15
years
exp.
| ₹2.1 L/yr - ₹7.3 L/yr |
Login to view exact salary
| |
Automobile
Insurance Manager
1 -
15
years
exp.
| ₹1.2 L/yr - ₹6.8 L/yr |
Manufacturing
Insurance Manager
1 -
15
years
exp.
| ₹1.5 L/yr - ₹10.5 L/yr |
Retail
Insurance Manager
2 -
15
years
exp.
| ₹2.5 L/yr - ₹10 L/yr |
View More
Frequently Asked Questions about Insurance Manager Salaries
What is the salary of a Insurance Manager in India?
Salary for a Insurance Manager in India ranges between ₹2.5 Lakhs to ₹6.5 Lakhs per year. Salary estimates are based on 106 latest salaries received from various Insurance Managers across industries.
What are the top paying companies that employ Insurance Managers?
- Tata AIA Life Insurance Insurance Manager Salary - ₹4.5 Lakhs per year
- Kotak Mahindara Life Insurance Insurance Manager Salary - ₹3.9 Lakhs per year
- Max Life Insurance Insurance Manager Salary - ₹3.7 Lakhs per year
- Bajaj Allianz Life Insurance Insurance Manager Salary - ₹3.7 Lakhs per year
- HDFC Life Insurance Manager Salary - ₹3.7 Lakhs per year
What is the starting salary for a Insurance Manager in India?
Average starting Salary for Insurance Manager in India is around ₹2.5 Lakhs per year (₹20.8k per month). 2 years of minimum experience is required to be a Insurance Manager.
What is the highest salary for a Insurance Manager in India?
Highest salary that a Insurance Manager can earn is ₹7.7 Lakhs per year (₹64.2k per month).
What are the top paying industries for Insurance Manager in India?
- Financial Services - ₹1.7 Lakhs to 40.0 Lakhs per year
- Healthcare - ₹0.3 Lakhs to 15.2 Lakhs per year
- Internet - ₹0.2 Lakhs to 16.0 Lakhs per year
- Insurance - ₹0.2 Lakhs to 38.0 Lakhs per year
- Automobile - ₹0.1 Lakhs to 51.0 Lakhs per year
What are the top paying cities for Insurance Manager in India?
What are the popular/top skills required to become a Insurance Manager?
These are the top skills of a Insurance Manager based on 11 jobs posted by employers.
- Team Management
- Risk Management
- Insurance Sales
- Procurement
- Insurance
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Insurance Manager Interview Questions
based on 26 interviews
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Q2.
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Q4.
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