Life Insurance Manager

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Life Insurance Manager Salary in Mumbai

based on 4 latest salaries • updated: 25 Sep 2024
Select an experience to get the exact salary

Annual salary range

₹3.8 Lakhs - ₹4.5 Lakhs

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Experience wise Life Insurance Manager salaries

Years of experience Avg. Annual Salary
3 years
(1 salaries)
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₹4.5 L/yr - ₹4.5 L/yr

5 years
(2 salaries)
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₹3.9 L/yr - ₹4.5 L/yr

6 years
(1 salaries)
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₹3.8 L/yr - ₹3.8 L/yr

Life Insurance Manager Salary in Mumbai ranges between ₹3.8 Lakhs to ₹4.5 Lakhs for 3 years of experience to 6 years of experience . Salary estimates are based on 4 latest salaries received from Life Insurance Manager.
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Life Insurance Manager salaries in different departments

Department Avg Annual Salary
Customer Success, Service & Operations
Life Insurance Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.4 L/yr

Finance & Accounting
Life Insurance Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

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Latest annual salaries shared by Life Insurance Managers

3d ago

Future Generali India Life Insurance

Life Insurance Manager

6 years exp.

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4d ago

Bharti AXA Life Insurance

Life Insurance Manager

6 years exp.

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1w ago

HDFC Life

Life Insurance Manager

1 year exp.

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1w ago

PNB MetLife

Life Insurance Manager

2 years exp.

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2w ago

HDFC Life

Life Insurance Manager

6 years exp.

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2w ago

Life Insurance Corporation of India

Life Insurance Manager

2 years exp.

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3w ago

PNB MetLife

Life Insurance Manager

3 years exp.

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3w ago

HDFC Life

Life Insurance Manager

1 year exp.

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1mo ago

Aviva Life Insurance India

Life Insurance Manager

8 years exp.

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1mo ago

LEAD Management Consultants

Life Insurance Manager

4 years exp.

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View all latest salaries

Life Insurance Manager Jobs in Mumbai

Life Insurance Manager

· 4-8 years

AssetPlus

·

4.2

Chennai

Life Insurance Manager

· 4-9 years

Ontrack Hr Services

₹5 L/yr - ₹7.5 L/yr

Hyderabad / Secunderabad

Life Insurance Manager

· 15-24 years

Narain Placement Consultancy

Chennai

View all Life Insurance Manager jobs

Similar Designation Salaries for Life Insurance Manager

Designations Avg Annual Salary
Branch Manager Salary
4 - 17 years exp.
(2.6k salaries)
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₹3 L/yr - ₹21.6 L/yr

Senior Manager Salary
6 - 20 years exp.
(29.3k salaries)
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₹7.9 L/yr - ₹36 L/yr

Assistant Manager Salary
2 - 13 years exp.
(69.2k salaries)
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₹3 L/yr - ₹16.5 L/yr

Department Manager Salary
1 - 13 years exp.
(940 salaries)
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₹2.7 L/yr - ₹11.6 L/yr

Territory Manager Salary
3 - 13 years exp.
(1.1k salaries)
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₹3.2 L/yr - ₹15.5 L/yr

View more similar designations

Life Insurance Manager Salary In Other Locations

Locations Avg Annual Salary
New Delhi
Life Insurance Manager
1 - 6 years exp.
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₹3.1 L/yr - ₹5.5 L/yr

Lucknow
Life Insurance Manager
1 - 5 years exp.
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₹1.8 L/yr - ₹3.9 L/yr

Pune
Life Insurance Manager
4 - 7 years exp.
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₹2.6 L/yr - ₹11.8 L/yr

Ahmedabad
Life Insurance Manager
1 - 10 years exp.
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₹3 L/yr - ₹4 L/yr

Bangalore / Bengaluru
Life Insurance Manager
1 - 5 years exp.
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₹2.6 L/yr - ₹5 L/yr

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Life Insurance Manager Salary By Industries

Industries Avg Annual Salary
Financial Services
Life Insurance Manager
1 - 10 years exp.
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₹2.3 L/yr - ₹6 L/yr

Insurance
Life Insurance Manager
1 - 10 years exp.
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₹2.4 L/yr - ₹5.2 L/yr

Banking / Insurance / Accounting
Life Insurance Manager
1 - 7 years exp.
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₹3 L/yr - ₹7.2 L/yr

Banking
Life Insurance Manager
1 - 7 years exp.
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₹2.3 L/yr - ₹5.5 L/yr

Internet
Life Insurance Manager
1 - 7 years exp.
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₹3.1 L/yr - ₹6 L/yr

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Frequently Asked Questions about Life Insurance Manager Salaries

What is the salary of a Life Insurance Manager in India?
Salary for a Life Insurance Manager in India ranges between ₹3.8 Lakhs to ₹4.5 Lakhs per year. Salary estimates are based on 4 latest salaries received from various Life Insurance Managers across industries.
What is the starting salary for a Life Insurance Manager in India?
Average starting Salary for Life Insurance Manager in India is around ₹3.8 Lakhs per year (₹31.7k per month). 3 years of minimum experience is required to be a Life Insurance Manager.
What is the highest salary for a Life Insurance Manager in India?
Highest salary that a Life Insurance Manager can earn is ₹5.2 Lakhs per year (₹43.3k per month).
What are the top paying cities for Life Insurance Manager in India?
  • Pune - ₹2.6 Lakhs to 11.8 Lakhs per year
  • New Delhi - ₹3.0 Lakhs to 9.6 Lakhs per year
  • Hosur - ₹2.4 Lakhs to 5.5 Lakhs per year
  • Lucknow - ₹1.8 Lakhs to 6.3 Lakhs per year
  • Ahmedabad - ₹0.2 Lakhs to 4.0 Lakhs per year
What are the popular/top skills required to become a Life Insurance Manager?
These are the top skills of a Life Insurance Manager based on 5 jobs posted by employers.
  • Team Management
  • CRM
  • Compliance
  • Excel
  • Insurance Sales

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