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Aditya Birla Insurance Brokers Senior Manager salaries in Mumbai

Annual salary range
5 - 20 years exp.
₹9.4 Lakhs - ₹16.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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44% less than the average Senior Manager Salary in Insurance Companies for 5 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
6 - 14 years exp. (4 salaries)
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₹10.3 L/yr - ₹16.2 L/yr

Finance & Accounting
Senior Manager Salary
7 - 15 years exp. (4 salaries)
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₹9.4 L/yr - ₹15 L/yr

Customer Success, Service & Operations
Senior Manager Salary
15 - 20 years exp. (3 salaries)
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₹11.4 L/yr - ₹12.5 L/yr

Human Resources
Senior Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹12.8 L/yr

Last Updated: 21 Dec 2024

Companies similar to Aditya Birla Insurance Brokers for Senior Manager in Mumbai

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Aditya Birla Insurance Brokers Senior Manager Salary

5 - 20 years exp. (18 salaries)

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₹9.4 L/yr - ₹16.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹15.1 L/yr

arrow icon 19% less
3 job openings
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HDFC Life Senior Manager Salary

2 - 20 years exp. (364 salaries)

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₹7.2 L/yr - ₹26 L/yr

arrow icon 22% more
4 job openings
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₹4 L/yr - ₹14 L/yr

arrow icon 35% less
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₹10.7 L/yr - ₹26.9 L/yr

arrow icon 53% more
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₹7 L/yr - ₹22.6 L/yr

arrow icon 28% more
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₹6.9 L/yr - ₹18.4 L/yr

arrow icon 9% less
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₹8.5 L/yr - ₹28 L/yr

arrow icon 28% more
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₹6.7 L/yr - ₹13 L/yr

arrow icon 20% less
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₹10 L/yr - ₹13 L/yr

arrow icon 9% less
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Coverfox Senior Manager Salary

5 - 7 years exp. (3 salaries)

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₹12 L/yr - ₹22.7 L/yr

arrow icon 37% more
Senior Manager salary at Aditya Birla Insurance Brokers ranges between ₹9.4 Lakhs to ₹16.2 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 18 latest salaries received from various employees of Aditya Birla Insurance Brokers.

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

3mo ago
₹12.8 Lakhs
10 years exp.
5mo ago
₹15 Lakhs
9 years exp.
7mo ago
₹10.3 Lakhs
11 years exp.
1y ago
₹11.4 Lakhs
20 years exp.
1y ago
₹13 Lakhs
15 years exp.
1y ago
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17 years exp.
1y ago
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15 years exp.
1y ago
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5 years exp.
1y ago
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5 years exp.
1y ago
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5 years exp.

Experience wise Aditya Birla Insurance Brokers Senior Manager salaries in Mumbai

Last Updated: 21 Dec 2024

Experience Avg Annual Salary
5 years  (3 salaries)

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₹11.5 L/yr - ₹21.8 L/yr
6 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹14 L/yr
7 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 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

3.5

Rated by 2 employees for salary & benefits

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.

read more
  • 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 Senior Manager Salary FAQs

What is the salary of Senior Manager at Aditya Birla Insurance Brokers in Mumbai?
The average salary of a Senior Manager at Aditya Birla Insurance Brokers in Mumbai typically ranges from ₹9.4 Lakhs to ₹16.2 Lakhs per year, depending on experience (from 5 years to 20 years).

The top 10% of Senior Manager in Mumbai at Aditya Birla Insurance Brokers earn more than ₹14.7 Lakhs per year, and the top 1% earn over ₹16.2 Lakhs per year. Senior Manager Salaries at Aditya Birla Insurance Brokers can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Aditya Birla Insurance Brokers employees in India.
What is the estimated take home salary of a Senior Manager at Aditya Birla Insurance Brokers in Mumbai?
The estimated take-home salary of a Senior Manager at Aditya Birla Insurance Brokers in Mumbai typically ranges from ₹86,140 to ₹88,396 per month. This is based on the average salary range of ₹9.4 Lakhs to ₹16.2 Lakhs per year for employees with experience ranging from 5 years to 20 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Aditya Birla Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aditya Birla Insurance Brokers for Senior Manager in India?
ICICI Prudential Life Insurance ₹10.7 Lakhs to ₹26.9 Lakhs per year
Coverfox ₹12.0 Lakhs to ₹22.7 Lakhs per year
HDFC Ergo General Insurance ₹7.0 Lakhs to ₹22.6 Lakhs per year
Bajaj Allianz Life Insurance ₹8.5 Lakhs to ₹28.0 Lakhs per year
HDFC Life ₹7.2 Lakhs to ₹26.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aditya Birla Insurance Brokers, depending on the role and experience level.
What is the salary of a Senior Manager in companies similar to Aditya Birla Insurance Brokers in Mumbai?
The salary of a Senior Manager at companies similar to Aditya Birla Insurance Brokers in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co ₹6.9 Lakhs to ₹18.4 Lakhs per year
Aegon Religare Life Insurance ₹10.0 Lakhs to ₹13.0 Lakhs per year
ICICI Lombard General Insurance Company ₹5.0 Lakhs to ₹15.1 Lakhs per year
Kotak Mahindra General Insurance ₹6.7 Lakhs to ₹13.0 Lakhs per year
Kotak Mahindara Life Insurance ₹4.0 Lakhs to ₹14.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Senior Manager at Aditya Birla Insurance Brokers in Mumbai?
The salary growth for a Senior Manager at Aditya Birla Insurance Brokers in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at Aditya Birla Insurance Brokers:

Experience Average Salary Range
5 years ₹11.5 Lakhs to ₹21.8 Lakhs per year
6 years ₹10.9 Lakhs to ₹14.0 Lakhs per year
7 years ₹10.9 Lakhs to ₹14.0 Lakhs per year
8 years ₹10.9 Lakhs to ₹14.0 Lakhs per year
and so on.

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Aditya Birla Insurance Brokers Senior Manager salary in Mumbai ranges between ₹9.4 Lakhs to ₹16.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Aditya Birla Insurance Brokers latest salaries received from various employees of Aditya Birla Insurance Brokers.