Insurance Manager

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Insurance Manager Salary in BFSI, Investments & Trading Department in India (Updated 2025)

based on 387 latest salaries • updated: 2 Apr 2025
Select an experience to get the exact salary

Annual salary range

₹1.8 Lakh - ₹14.7 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.
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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 387 latest salaries received from Insurance Manager.
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Top Paying Companies for Insurance Manager with 2 years exp

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Latest annual salaries shared by Insurance Managers

1d ago

Continental Hospitals

Insurance Manager

8 years exp.

₹6 Lakhs
1d ago

Narbheram Motors

Insurance Manager

12 years exp.

₹0.4 Lakh
2d ago

Shriram Life Insurance

Insurance Manager

15 years exp.

₹3.6 Lakhs
3d ago

Kpr Cars

Insurance Manager

6 years exp.

₹3 Lakhs
5d ago

Bajaj Allianz Life Insurance

Insurance Manager

2 years exp.

₹2.6 Lakhs
5d ago

RenewBuy

Insurance Manager

4 years exp.

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6d ago

Aadhi Cars

Insurance Manager

15 years exp.

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1w ago

Tafe Motors & Tractors

Insurance Manager

15 years exp.

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1w ago

Practo

Insurance Manager

6 years exp.

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1w ago

Amity University

Insurance Manager

6 years exp.

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View all latest salaries

Insurance Manager salaries by Experience

Years of experience Avg. annual salary
1 year
(4 salaries)
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₹0.2 L/yr - ₹3 L/yr

2 years
(24 salaries)
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₹0.6 L/yr - ₹4 L/yr

3 years
(30 salaries)
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₹1.4 L/yr - ₹4.5 L/yr

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

5 years
(41 salaries)
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₹1.7 L/yr - ₹5.5 L/yr

View all salaries by experience

Insurance Manager Jobs in India

Insurance Manager

· 0-5 years

NJ Group

·
3.8
₹3.5 L/yr - ₹4 L/yr

Patna

Insurance Manager

· 12-20 years

J Kumar

·
4.0

Mumbai

Insurance Manager

· 6-10 years

MedPlus Health Services Limited

·
3.6
₹6 L/yr - ₹10 L/yr

Hyderabad / Secunderabad

View all Insurance Manager jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Branch Manager Salary
4 - 17 years exp.
(50.8k salaries)
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₹2.6 L/yr - ₹18 L/yr

Assistant Manager Salary
2 - 13 years exp.
(6L salaries)
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₹3 L/yr - ₹17 L/yr

Store Manager Salary
3 - 16 years exp.
(52.4k salaries)
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₹2.2 L/yr - ₹11 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7.1 L/yr - ₹41 L/yr

Sales Manager Salary
2 - 15 years exp.
(1.3L salaries)
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₹2.2 L/yr - ₹16 L/yr

View more similar designations

Insurance Manager Salary By Locations

Locations Avg. annual salary
New Delhi
Insurance Manager
2 - 15 years exp.
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₹1.5 L/yr - ₹11.5 L/yr

Mumbai
Insurance Manager
2 - 15 years exp.
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₹2.4 L/yr - ₹17 L/yr

Bangalore / Bengaluru
Insurance Manager
2 - 15 years exp.
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₹2.2 L/yr - ₹10.2 L/yr

Chennai
Insurance Manager
2 - 15 years exp.
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₹1.5 L/yr - ₹7.7 L/yr

Pune
Insurance Manager
1 - 15 years exp.
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₹2.5 L/yr - ₹17.5 L/yr

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Insurance Manager Salary By Industries

Industries Avg. annual salary

Financial Services

Insurance Manager
2 - 15 years exp.
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₹2.2 L/yr - ₹8 L/yr

Insurance

Insurance Manager
2 - 15 years exp.
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₹2.1 L/yr - ₹6.6 L/yr

Automobile

Insurance Manager
1 - 15 years exp.
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₹1.2 L/yr - ₹6.8 L/yr

Manufacturing

Insurance Manager
1 - 15 years exp.
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₹1.7 L/yr - ₹9 L/yr

Banking / Insurance / Accounting

Insurance Manager
2 - 15 years exp.
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₹2.5 L/yr - ₹6.5 L/yr

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