Insurance Manager
Annual salary range
₹1.8 Lakh - ₹14.7 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 BFSI, Investments & Trading Department in India
based on 392
latest salaries
• updated:
4 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Insurance Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(2
salaries)
|  ₹2.3 L/yr - ₹3 L/yr |
2
years
(25
salaries)
| ₹1.8 L/yr - ₹4.4 L/yr |
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| |
3
years
(31
salaries)
| ₹1.9 L/yr - ₹5.5 L/yr |
4
years
(37
salaries)
| ₹1.9 L/yr - ₹5 L/yr |
5
years
(45
salaries)
| ₹1.8 L/yr - ₹8.6 L/yr |
View all salaries by experience
Insurance Manager Salary in
India ranges between ₹1.8
Lakh to ₹14.7
Lakhs for
1 year of experience to 15 years of experience
. Salary estimates are based on
392 latest salaries received
from Insurance Manager.
See latest 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
Continental Hospitals
Insurance Manager
8 years exp.
1d ago
Narbheram Motors
Insurance Manager
12 years exp.
2d ago
Shriram Life Insurance
Insurance Manager
15 years exp.
3d ago
Kpr Cars
Insurance Manager
6 years exp.
5d ago
Bajaj Allianz Life Insurance
Insurance Manager
2 years exp.
5d ago
RenewBuy
Insurance Manager
4 years exp.
6d ago
Aadhi Cars
Insurance Manager
15 years exp.
1w ago
Tafe Motors & Tractors
Insurance Manager
15 years exp.
1w ago
Practo
Insurance Manager
6 years exp.
1w ago
Amity University
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 |
|---|---|---|
1 -
8
yrs
exp.
(22 salaries)
|
₹0.6 L/yr - ₹5 L/yr | |
1 -
6
yrs
exp.
(20 salaries)
|
₹2.5 L/yr - ₹5.5 L/yr | |
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| ||
1 -
7
yrs
exp.
(12 salaries)
|
₹1.5 L/yr - ₹6 L/yr | |
1 -
8
yrs
exp.
(11 salaries)
|
₹1.2 L/yr - ₹5.5 L/yr | |
3 -
9
yrs
exp.
(9 salaries)
|
₹3 L/yr - ₹5.9 L/yr | |
3 -
8
yrs
exp.
(7 salaries)
|
₹2.9 L/yr - ₹4.7 L/yr | |
0 -
7
yrs
exp.
(6 salaries)
|
₹2.3 L/yr - ₹4.5 L/yr | |
1 -
8
yrs
exp.
(6 salaries)
|
₹2.5 L/yr - ₹5.9 L/yr | |
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| ||
9 -
14
yrs
exp.
(4 salaries)
|
₹21.5 L/yr - ₹26.7 L/yr | |
4 -
8
yrs
exp.
(4 salaries)
|
₹3 L/yr - ₹5 L/yr | |
Insurance Manager Jobs in India
Insurance Manager
· 10-15 years
Automotive Manufacturers (AMPL)
Nagpur
Insurance Manager
· 5-10 years
Meditrina Hospital
₹4
L/yr
- ₹6.5
L/yr
Kollam
Insurance Manager
· 0-5 years
NJ Group
₹3.3
L/yr
- ₹3.8
L/yr
Kolkata
Similar Designation Salaries for Insurance Manager
| Designations | Avg Annual Salary |
|---|---|
Branch Manager Salary
4 -
17
years
exp.
(49.3k salaries)
| ₹2.6 L/yr - ₹18 L/yr |
Assistant Manager Salary
2 -
13
years
exp.
(5.9L salaries)
| ₹3 L/yr - ₹16.6 L/yr |
Login to view exact salary
| |
Store Manager Salary
3 -
16
years
exp.
(50.8k salaries)
| ₹2.2 L/yr - ₹11 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(1.2L salaries)
| ₹2.2 L/yr - ₹16 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| ₹7 L/yr - ₹40 L/yr |
View more similar designations
Salary related reviews by similar designations like Insurance Manager
Future Generali India Life Insurance
Sales Manager
• posted on 14 Oct 2024
Likes
I like to work in this company culture i am enjoying my work here I have taken 2 promotion in 2 years , also learn some new things here so overall my experience is good here
read moreDislikes
In our channel there is no appraisal, we need take promotion for salary hike i am not talking about myself but behalf of my colleagues who short for the promotion .
read moreHDFC Life
Sales Manager
• posted on 03 Oct 2024
Likes
HDFC life insurance company is very good and salary benifits and promotions increments are very good
read moreDislikes
Manager Behaviour is worst and Manager scolds in proper and abuse language
PNB MetLife
Insurance Manager
• posted on 22 Apr 2019
Likes
The company is open to innovation and readily adopt latest technology. I love the fact that I am a part of a team that markets reliable, high- quality products!
read moreDislikes
Compensation is decent, but growth is slow the work pressure is very high. sometime, I have to work 10 - 12 hours straight in a day as I have to attend client calls in the evening and sometime late into the night.
read moreBajaj Allianz Life Insurance
Branch Sales Manager
• posted on 08 Apr 2022
Likes
If you doing 60k policy for pear week best
Dislikes
No annual bonus or increment If you r not promote then no increment
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 |
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| |
Chennai
Insurance Manager
2 -
15
years
exp.
| ₹1.6 L/yr - ₹7.7 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 By 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 |
Banking / Insurance / Accounting
Insurance Manager
2 -
15
years
exp.
| ₹2.5 L/yr - ₹6.5 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 ₹1.8 Lakhs to ₹14.7 Lakhs per year. Salary estimates are based on 392 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 - ₹3.8 Lakhs per year
- HDFC Life Insurance Manager Salary - ₹3.7 Lakhs per year
- Bajaj Allianz Life Insurance Insurance Manager Salary - ₹3.6 Lakhs per year
What is the starting salary for a Insurance Manager in India?
Average starting Salary for Insurance Manager in India is around ₹1.8 Lakhs per year (₹15.0k per month). 1 year 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?
- Mumbai - ₹0.3 Lakhs to 30.0 Lakhs per year
- Pune - ₹0.3 Lakhs to 51.0 Lakhs per year
- Bangalore / Bengaluru - ₹1.2 Lakhs to 40.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 81.0 Lakhs per year
- Chennai - ₹1.0 Lakhs to 12.0 Lakhs per year
What are the popular/top skills required to become a Insurance Manager?
These are the top skills of a Insurance Manager based on 14 jobs posted by employers.
- Team Management
- Risk Management
- Procurement
- Insurance Sales
- Health Insurance
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Insurance Manager Interview Questions
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