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Aditya Birla Insurance Brokers Manager salaries in Mumbai (Updated 2025)

Annual salary range
4 - 17 years exp.
₹5.1 Lakhs - ₹15 Lakhs
Salary of majority employees
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Fixed (87%)
₹7.9 Lakhs
Variable (13%)
₹1.1 Lakh
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45% less than the average Manager Salary in Insurance Companies for 4 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
6 - 17 years exp. (15 salaries)
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₹5.6 L/yr - ₹12.5 L/yr

Finance & Accounting
Manager Salary
4 - 17 years exp. (9 salaries)
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₹5.1 L/yr - ₹11.5 L/yr

Sales & Business Development
Manager Salary
10 - 12 years exp. (3 salaries)
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₹9.7 L/yr - ₹12.9 L/yr

Last Updated: 14 Feb 2025

Companies similar to Aditya Birla Insurance Brokers for Manager in Mumbai

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Aditya Birla Insurance Brokers Manager Salary

4 - 17 years exp. (30 salaries)

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₹5.1 L/yr - ₹15 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Marsh India Insurance Brokers Manager Salary

3 - 10 years exp. (27 salaries)

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₹7.9 L/yr - ₹20 L/yr

arrow icon 53% more
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Willis Towers Watson Manager Salary

7 - 20 years exp. (37 salaries)

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₹7 L/yr - ₹28 L/yr

arrow icon 89% more
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₹11.8 L/yr - ₹21 L/yr

arrow icon 76% more
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₹3 L/yr - ₹13 L/yr

arrow icon 19% less
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HDFC Ergo General Insurance Manager Salary

4 - 16 years exp. (139 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 10% more
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Reliance General Insurance Manager Salary

2 - 16 years exp. (75 salaries)

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₹5 L/yr - ₹14.6 L/yr

arrow icon 10% less
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Tata AIG Manager Salary

1 - 11 years exp. (213 salaries)

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₹4 L/yr - ₹11 L/yr

arrow icon 23% less
7 job openings
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HDFC Life Manager Salary

1 - 16 years exp. (311 salaries)

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₹4.5 L/yr - ₹17.9 L/yr

arrow icon 11% more
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Kotak Mahindara Life Insurance Manager Salary

0 - 12 years exp. (241 salaries)

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₹2.4 L/yr - ₹8.5 L/yr

arrow icon 39% less
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ICICI Prudential Life Insurance Manager Salary

1 - 13 years exp. (184 salaries)

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₹3.4 L/yr - ₹14.2 L/yr

arrow icon 8% less
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Aditya Birla Health Insurance Co Manager Salary

1 - 12 years exp. (134 salaries)

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₹5 L/yr - ₹17 L/yr

arrow icon 15% more
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Bajaj Allianz Life Insurance Manager Salary

3 - 17 years exp. (37 salaries)

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₹8.9 L/yr - ₹18.5 L/yr

arrow icon 46% more
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Kotak Mahindra General Insurance Manager Salary

4 - 12 years exp. (26 salaries)

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₹3.8 L/yr - ₹8.5 L/yr

arrow icon 24% less

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Manager salary at Aditya Birla Insurance Brokers ranges between ₹5.1 Lakhs to ₹15 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 30 latest salaries received from various employees of Aditya Birla Insurance Brokers.

Latest annual salaries shared by Aditya Birla Insurance Brokers Manager in Mumbai

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Experience wise Aditya Birla Insurance Brokers Manager salaries in Mumbai

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹9.7 L/yr
5 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
8 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
View all

Similar Designation salaries in Aditya Birla Insurance Brokers

Deputy Manager Salary
(14 salaries)
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₹4.95 L/yr - ₹9.5 L/yr

Salary related reviews for Aditya Birla Insurance Brokers

Finance & Accounting Department

1.0
  •  posted on 11 Dec 2021

1.0
 for  Salary and Benefits

Likes

The company values learning and development of an employee. There are lot of e-learning courses that are available. They have a flexible work timing and work from home.

read more
  • Skill development - Good

Dislikes

...ey resign or continue to put up with narcissistic attitude of reporting manager. The salary,compensation benefit is also not good. Rich become richer, poor become poorer. Incentive is not paid performance wise but according to wish and will of senior management. Working for stretched hours, holidays, weekend is a regular thing.

read more
  • Salary - Bad
  • +5 more

BFSI, Investments & Trading Department

5.0
  •  posted on 09 May 2021

2.0
 for  Salary and Benefits

Likes

It's a good work environment and culture. The management is very transparent. Employee benefits needs to improve interms of coverage to family members. Annual appraisals are fair and only a decent hike, but a good amount of Annual Bonus is paid every year.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is very low and growth opportunity is very slow considering this is an Broking firm and not an insurance company.

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  • Salary - Poor

BFSI, Investments & Trading Department

1.0
  •  posted on 09 Aug 2019

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...e is extremely unfavourable. Managers/company do not value an individual talent. Only managers "pet" are highlighted and given good compensation. Too much of office politics from top to bottom. Suffocating environment. Team mates are worst and only wait for an opportunity to pull you down for show you in bad light. NO growth for honest and talented individual.

read more
  • Salary - Bad
  • +6 more

Customer Success, Service & Operations Department

5.0
  •  posted on 12 Oct 2018

4.0
 for  Salary and Benefits

Likes

Everything I loved about Aditya Birla, right from the manager to the teammates to the environment to the culture.. I miss working with ABIBL !!

read more
  • Salary - Good
  • +6 more

Dislikes

Probably a few things like salary and learning was not that much

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 10 Apr 2022

5.0
 for  Salary and Benefits

Likes

No micro management by seniors, faith and trust of seniors in the ability of their respective teams, freedom to express opinion and share feedback

read more
  • Salary - Excellent
  • +6 more

Dislikes

At times it is difficult to identify and approach seniors for career growth, sometimes blunt and frank response may get you in to trouble, no clear direction of seniors for one's personal growth

read more
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Aditya Birla Insurance Brokers Manager Salary FAQs

What is the salary of Manager at Aditya Birla Insurance Brokers Mumbai?
Manager salary at Aditya Birla Insurance Brokers in Mumbai ranges between ₹5.1 Lakhs to ₹15.0 Lakhs for experience between 4 years to 17 years. According to our estimates it is 45% less than the average Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Aditya Birla Insurance Brokers Mumbai.
How does the salary of a Manager at Aditya Birla Insurance Brokers Mumbai compare with the average salary range for this job?
The average salary of a Manager at Aditya Birla Insurance Brokers is 45% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Aditya Birla Insurance Brokers to a Manager in Mumbai?
  • Willis Towers Watson Manager Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year
  • Bajaj Allianz General Insurance Manager Salary - ₹11.8 Lakhs to ₹21.0 Lakhs per year
  • Marsh India Insurance Brokers Manager Salary - ₹7.9 Lakhs to ₹20.0 Lakhs per year
  • Bajaj Allianz Life Insurance Manager Salary - ₹8.9 Lakhs to ₹18.5 Lakhs per year
  • Aditya Birla Health Insurance Co Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
What is the salary of a Manager in companies similar to Aditya Birla Insurance Brokers in Mumbai?
  • HDFC Life Manager Salary - ₹4.5 Lakhs to ₹17.9 Lakhs per year
  • HDFC Ergo General Insurance Manager Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
  • ICICI Prudential Life Insurance Manager Salary - ₹3.4 Lakhs to ₹14.2 Lakhs per year
  • Reliance General Insurance Manager Salary - ₹5.0 Lakhs to ₹14.6 Lakhs per year
  • ICICI Lombard General Insurance Company Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
What is the estimated take home salary of a Manager at Aditya Birla Insurance Brokers in Mumbai?
The estimated take-home salary of a Manager at Aditya Birla Insurance Brokers ranges between ₹65,784 per month to ₹67,464 per month in Mumbai. The take-home salary calculation is based on the average Aditya Birla Insurance Brokers Manager salary in India which ranges between ₹5.1 Lakhs to ₹15.0 Lakhs per year for employees with experience between 4 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Manager at Aditya Birla Insurance Brokers in Mumbai?
According to AmbitionBox, 43% of the Aditya Birla Insurance Brokers Managers in Mumbai reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Aditya Birla Insurance Brokers Manager salary in Mumbai ranges between ₹5.1 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 Aditya Birla Insurance Brokers latest salaries received from various employees of Aditya Birla Insurance Brokers.