Senior Insurance Manager
Annual salary range
₹3 Lakhs - ₹25 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries bySenior Insurance Manager Salary in India (Updated 2025)
based on 64
latest salaries
• updated:
17 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Insurance Manager Salary in India ranges between ₹3 Lakhs to ₹25 Lakhs for 2 years of experience to 22 years of experience. Salary estimates are based on 64 latest salaries received from Senior Insurance...
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
4
yrs
exp.
(5 salaries)
|
₹2 L/yr - ₹4.8 L/yr | |
1 -
15
yrs
exp.
(4 salaries)
|
₹3.5 L/yr - ₹7.3 L/yr | |
Login to view exact salary
| ||
0 -
2
yrs
exp.
(4 salaries)
|
₹3 L/yr - ₹3.3 L/yr | |
12 -
14
yrs
exp.
(3 salaries)
|
₹20 L/yr - ₹22.6 L/yr | |
20 -
22
yrs
exp.
(3 salaries)
|
₹12 L/yr - ₹16 L/yr | |
1 -
23
yrs
exp.
(3 salaries)
|
₹1.4 L/yr - ₹5.5 L/yr | |
10 -
12
yrs
exp.
(3 salaries)
|
₹18 L/yr - ₹20 L/yr | |
14 -
17
yrs
exp.
(AmbitionBox Estimate)
|
₹18.9 L/yr - ₹24.2 L/yr | |
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| ||
17 -
18
yrs
exp.
(AmbitionBox Estimate)
|
₹20.7 L/yr - ₹26.5 L/yr | |
14 -
15
yrs
exp.
(AmbitionBox Estimate)
|
₹12.2 L/yr - ₹15.5 L/yr | |
Latest annual salaries shared by Senior Insurance Managers
1w ago
Ayu Health Hospitals
Senior Insurance Manager
7 years exp.
3mo ago
Bajaj Allianz General Insurance
Senior Insurance Manager
15 years exp.
3mo ago
Jindal Poly Films
Senior Insurance Manager
18 years exp.
6mo ago
Bajaj Allianz Life Insurance
Senior Insurance Manager
4 years exp.
7mo ago
Jindal Poly Films
Senior Insurance Manager
17 years exp.
8mo ago
Jindal Stainless
Senior Insurance Manager
22 years exp.
8mo ago
Bajaj Allianz General Insurance
Senior Insurance Manager
13 years exp.
8mo ago
PNB MetLife
Senior Insurance Manager
2 years exp.
9mo ago
Uflex
Senior Insurance Manager
8 years exp.
9mo ago
Tata Projects
Senior Insurance Manager
14 years exp.
View all latest salaries
Senior Insurance Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(5
salaries)
|  ₹2 L/yr - ₹5.8 L/yr |
3
years
(2
salaries)
| ₹3.5 L/yr - ₹25 L/yr |
Login to view exact salary
| |
4
years
(1
salaries)
| ₹2.2 L/yr - ₹2.2 L/yr |
5
years
(1
salaries)
| ₹4.8 L/yr - ₹4.8 L/yr |
7
years
(3
salaries)
| ₹3.1 L/yr - ₹6 L/yr |
View all salaries by experience
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| ₹7.1 L/yr - ₹40.8 L/yr |
Senior Relationship Manager Salary
1 -
11
years
exp.
(15.9k salaries)
| ₹2.6 L/yr - ₹11 L/yr |
Login to view exact salary
| |
Assistant Manager Salary
2 -
13
years
exp.
(6L salaries)
| ₹3 L/yr - ₹17 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(50.8k salaries)
| ₹2.7 L/yr - ₹18 L/yr |
Store Manager Salary
3 -
16
years
exp.
(51.9k salaries)
| ₹2.2 L/yr - ₹11 L/yr |
View more similar designations
Senior Insurance Manager Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Senior Insurance Manager
5 -
22
years
exp.
| ₹4.8 L/yr - ₹22.5 L/yr |
New Delhi
Senior Insurance Manager
8 -
18
years
exp.
| ₹6 L/yr - ₹23 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Senior Insurance Manager
2 -
17
years
exp.
| ₹5.8 L/yr - ₹21.6 L/yr |
Pune
Senior Insurance Manager
3 -
16
years
exp.
| ₹8.6 L/yr - ₹25.5 L/yr |
Ludhiana
Senior Insurance Manager
12 -
15
years
exp.
| ₹6.1 L/yr - ₹7.3 L/yr |
View More
Senior Insurance Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Senior Insurance Manager
2 -
22
years
exp.
| ₹2 L/yr - ₹16 L/yr |
Insurance Senior Insurance Manager
2 -
15
years
exp.
| ₹2 L/yr - ₹10.1 L/yr |
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| |
Engineering & Construction Senior Insurance Manager
10 -
15
years
exp.
| ₹13.5 L/yr - ₹22.5 L/yr |
Automobile Senior Insurance Manager
12 -
19
years
exp.
| ₹6 L/yr - ₹20 L/yr |
NBFC Senior Insurance Manager
8 -
22
years
exp.
| ₹11.5 L/yr - ₹20 L/yr |
View More
Frequently Asked Questions (FAQS) about Senior Insurance Manager Salaries
What is the salary of a Senior Insurance Manager in India?
The salary of a Senior Insurance Manager in India varies based on experience, location, company & Industry.
On average, Senior Insurance Manager salaries ranges from ₹3.0 Lakhs to ₹25.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.0 Lakhs to ₹25.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 64 salaries received from various Senior Insurance Managers across industries.
The average starting salary is around ₹3.0 Lakhs to ₹25.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 64 salaries received from various Senior Insurance Managers across industries.
What are the top paying cities for Senior Insurance Manager in India?
The annual salary for Senior Insurance Manager in India varies by location. Top paying cities for Senior Insurance Manager are
Salary expectations for Senior Insurance Manager may vary based on job roles, experience, and specific employer requirements.
| Senior Insurance Manager Salary in Mumbai | ₹4.8 Lakhs to ₹22.5 Lakhs per year |
| Senior Insurance Manager Salary in New Delhi | ₹6.0 Lakhs to ₹23.0 Lakhs per year |
| Senior Insurance Manager Salary in Bangalore / Bengaluru | ₹5.8 Lakhs to ₹21.6 Lakhs per year |
| Senior Insurance Manager Salary in Pune | ₹8.6 Lakhs to ₹25.5 Lakhs per year |
| Senior Insurance Manager Salary in Ludhiana | ₹6.1 Lakhs to ₹7.3 Lakhs per year |
What are the top paying industries for Senior Insurance Manager in India?
Top 5 paying Industries for Senior Insurance Manager in India are:
| Senior Insurance Manager Salary in Financial Services | ₹2.0 Lakhs to ₹16.0 Lakhs per year |
| Senior Insurance Manager Salary in Insurance | ₹2.0 Lakhs to ₹10.1 Lakhs per year |
| Senior Insurance Manager Salary in Engineering & Construction | ₹13.5 Lakhs to ₹22.5 Lakhs per year |
| Senior Insurance Manager Salary in Automobile | ₹6.0 Lakhs to ₹20.0 Lakhs per year |
| Senior Insurance Manager Salary in NBFC | ₹11.5 Lakhs to ₹20.0 Lakhs per year |
How does experience affect salaries of a Senior Insurance Manager in India?
Experience significantly impacts a Senior Insurance Manager salary in India. Salaries increase with experience, as Senior Insurance Manager take on more complex tasks, responsibilities, and leadership roles.
Senior Insurance Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹2.0 Lakhs to ₹5.8 Lakhs per year |
| 3 years | ₹3.5 Lakhs to ₹25.0 Lakhs per year |
| 4 years | ₹2.2 Lakhs to ₹2.2 Lakhs per year |
| 5 years | ₹4.8 Lakhs to ₹4.8 Lakhs per year |
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