Aditya Birla Sun Life Insurance Mumbai Associate Vice President Salaries by 20+ Employees (Updated 2025)

7 - 17 years exp.

₹24 Lakhs - ₹47 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

9% more than the average Associate Vice President Salary in Insurance Companies for 7 - 17 years of experience

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Salaries in different departments

Finance & Accounting Associate Vice President Salary 7 - 13 years exp. (6 salaries)	₹27 L/yr - ₹47 L/yr
Project & Program Management Associate Vice President Salary 10 - 17 years exp. (3 salaries)	₹36.1 L/yr - ₹40 L/yr
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Strategic & Top Management Associate Vice President Salary 8 - 12 years exp. (3 salaries)	₹35 L/yr - ₹43 L/yr
Engineering - Software & QA Associate Vice President Salary 12 - 15 years exp. (AmbitionBox Estimate)	₹40 L/yr - ₹43.5 L/yr
Marketing & Communication Associate Vice President Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹24 L/yr - ₹30.2 L/yr

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Last Updated: 2 Apr 2025

Companies similar to Aditya Birla Sun Life Insurance for Associate Vice President in Mumbai

Aditya Birla Sun Life Insurance Associate Vice President Salary

7 - 17 years exp. (20 salaries)

₹24 L/yr - ₹47 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Associate Vice President Salary 6 - 20 years exp. (120 salaries)	₹15 L/yr - ₹37.5 L/yr 28% less
SBI Life Insurance Company Associate Vice President Salary 9 - 20 years exp. (79 salaries)	₹12 L/yr - ₹36 L/yr 29% less
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HDFC Life Associate Vice President Salary 9 - 24 years exp. (58 salaries)	₹18 L/yr - ₹50 L/yr 5% less	3 job openings
ICICI Prudential Life Insurance Associate Vice President Salary 10 - 19 years exp. (18 salaries)	₹24 L/yr - ₹41.3 L/yr 4% less
Reliance Nippon Life Insurance Associate Vice President Salary 15 - 23 years exp. (17 salaries)	₹13.9 L/yr - ₹32 L/yr 36% less
Aditya Birla Health Insurance Co Associate Vice President Salary 10 - 20 years exp. (17 salaries)	₹25 L/yr - ₹42 L/yr 3% more
Bajaj Allianz Life Insurance Associate Vice President Salary 10 - 21 years exp. (14 salaries)	₹22 L/yr - ₹44.6 L/yr At par
Tata AIA Life Insurance Associate Vice President Salary 7 - 13 years exp. (13 salaries)	₹19 L/yr - ₹67.8 L/yr 13% more
HDFC Ergo General Insurance Associate Vice President Salary 12 - 18 years exp. (12 salaries)	₹13 L/yr - ₹29.5 L/yr 37% less
Axis Max Life Insurance Associate Vice President Salary 15 - 20 years exp. (8 salaries)	₹12 L/yr - ₹44 L/yr 16% less
SBI General Insurance Associate Vice President Salary 17 - 23 years exp. (7 salaries)	₹20 L/yr - ₹33 L/yr 26% less
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Kotak Mahindara Life Insurance Associate Vice President Salary 12 - 21 years exp. (6 salaries)	₹14.5 L/yr - ₹22.4 L/yr 57% less
AON Global Insurance Brokers Associate Vice President Salary 11 - 16 years exp. (3 salaries)	₹11.8 L/yr - ₹21 L/yr 47% less

Associate Vice President salary at Aditya Birla Sun Life Insurance ranges between ₹24 Lakhs to ₹47 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 20 latest salaries received from various employees of Aditya Birla Sun Life Insurance.

Latest annual salaries shared by Aditya Birla Sun Life Insurance Associate Vice President in Mumbai

6d ago

₹36 Lakhs

12 years exp.

1mo ago

₹40 Lakhs

12 years exp.

1mo ago

₹27 Lakhs

9 years exp.

3mo ago

₹24 Lakhs

8 years exp.

5mo ago

₹43 Lakhs

8 years exp.

7mo ago

10 years exp.

1y ago

11 years exp.

1y ago

11 years exp.

1y ago

13 years exp.

1y ago

10 years exp.

Experience wise Aditya Birla Sun Life Insurance Associate Vice President salaries in Mumbai

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹30.4 L/yr - ₹38.9 L/yr
8 years (3 salaries)	₹24 L/yr - ₹43 L/yr
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9 years (AmbitionBox Estimate)	₹30.5 L/yr - ₹38.9 L/yr
10 years (3 salaries)	₹27 L/yr - ₹47 L/yr
11 years (3 salaries)	₹27 L/yr - ₹40 L/yr
12 years (AmbitionBox Estimate)	₹30.5 L/yr - ₹38.9 L/yr
13 years (AmbitionBox Estimate)	₹30.5 L/yr - ₹39 L/yr
14 years (AmbitionBox Estimate)	₹30.5 L/yr - ₹39 L/yr
15+ years (3 salaries)	₹30 L/yr - ₹43.5 L/yr

View all

Similar Designation salaries in Aditya Birla Sun Life Insurance

Project Manager Salary

(4 salaries)

₹5 L/yr - ₹19.2 L/yr

Software Engineer Salary

(3 salaries)

₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Aditya Birla Sun Life Insurance

2.9

Rated by 3 employees for salary & benefits

Regional Training Manager in Varanasi

Full Time

Teaching & Training Department

4.0

• posted on 26 Jun 2024

3.0

for Salary and Benefits

Likes

It's a good company to work with the overall core values of the organisation is excellent.

Dislikes

...if it illogical they will still do it cause the management has decided to do so. Salary is not that competitive and we work for 14-15 hours to close everything. Sometimes you are required to work on weekends and theblast day of the month for which u are not compensated. They do not give any compoffs of you are required to work on holidays.

Skill development - Bad

+4 more

Assistant Sales Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 01 May 2024

1.0

for Salary and Benefits

Likes

Great work-life balance, working culture is decent, good place to learn about insurance and how to work in general. Job security is very high.

Job security - Excellent

+2 more

Dislikes

Salary is easily the worst in the entire industry. Feels more like pocket money. Management isn’t rock-solid all the way. Promotions are best left forgotten. No yearly appraisals. Overall, a very good organisation to work for as long as you don’t care about earning a decent amount.

Salary - Bad

+2 more

Sales Executive in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 09 Oct 2023

1.0

for Salary and Benefits

Likes

Only good thing for beginners is they got a good time to plan their alternative things and plan to grow themselves as the pressure is low. And no such very hard for a beginner to work with.

Job security - Excellent

Dislikes

... No work methods and systems. 4. culture is not good and system is very slow. 5. They do not pay you TA but will say to visit your branches every single day. 6. Disclaimer to everyone who are opting to join Aditya Birla group life at Kolkata or east zone. Do not go under Puspita Ghosh. Be aware of her. No 1 worst lady still exists in the world.

Salary - Bad

+4 more

Deputy Cluster Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Oct 2023

3.0

for Salary and Benefits

Likes

Company has good working culture, which will help you to maintain work life balance.

Job security - Good

+2 more

Dislikes

...pany doesn't have go getter attitude and not aggresive for the business at all. Salary and incentives structure is very poor. Even they don't provide exact salary what they mention at appoinment letter.

Skill development - Poor

+2 more

Senior Priority Relationship Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 17 Jan 2024

3.0

for Salary and Benefits

Likes

Apart from salary there is nothing to say good

Dislikes

Simply waste for career for working there pls don't join .if you joining after reading this one day u will regret and remember about this comment. Good luck

Skill development - Poor

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Aditya Birla Sun Life Insurance Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Aditya Birla Sun Life Insurance in Mumbai?

The average salary of a Associate Vice President at Aditya Birla Sun Life Insurance in Mumbai typically ranges from ₹24.0 Lakhs to ₹47.0 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Associate Vice President in Mumbai at Aditya Birla Sun Life Insurance earn more than ₹43.3 Lakhs per year, and the top 1% earn over ₹47.0 Lakhs per year. Associate Vice President Salaries at Aditya Birla Sun Life Insurance 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 20+ Aditya Birla Sun Life Insurance employees in India.

What is the estimated take home salary of a Associate Vice President at Aditya Birla Sun Life Insurance in Mumbai?

The estimated take-home salary of a Associate Vice President at Aditya Birla Sun Life Insurance in Mumbai typically ranges from ₹2,05,742 to ₹2,13,908 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹47.0 Lakhs per year for employees with experience ranging from 7 years to 17 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 20+ salaries received from various employees of Aditya Birla Sun Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Aditya Birla Sun Life Insurance for Associate Vice President in India?

Tata AIA Life Insurance	₹19.0 Lakhs to ₹67.8 Lakhs per year
Aditya Birla Health Insurance Co	₹25.0 Lakhs to ₹42.0 Lakhs per year
Bajaj Allianz Life Insurance	₹22.0 Lakhs to ₹44.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aditya Birla Sun Life Insurance, depending on the role and experience level.

What is the salary of a Associate Vice President in companies similar to Aditya Birla Sun Life Insurance in Mumbai?

The salary of a Associate Vice President at companies similar to Aditya Birla Sun Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹24.0 Lakhs to ₹41.3 Lakhs per year
HDFC Life	₹18.0 Lakhs to ₹50.0 Lakhs per year
Axis Max Life Insurance	₹12.0 Lakhs to ₹44.0 Lakhs per year
SBI General Insurance	₹20.0 Lakhs to ₹33.0 Lakhs per year
ICICI Lombard General Insurance Company	₹15.0 Lakhs to ₹37.5 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 Associate Vice President at Aditya Birla Sun Life Insurance in Mumbai?

The salary growth for a Associate Vice President at Aditya Birla Sun Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Vice President in Mumbai can expect the following growth trajectory at Aditya Birla Sun Life Insurance:

Experience	Average Salary Range
7 years	₹30.4 Lakhs to ₹38.9 Lakhs per year
8 years	₹24.0 Lakhs to ₹43.0 Lakhs per year
9 years	₹30.5 Lakhs to ₹38.9 Lakhs per year
10 years	₹27.0 Lakhs to ₹47.0 Lakhs per year

and so on.

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Aditya Birla Sun Life Insurance Associate Vice President Salaries in Mumbai

Aditya Birla Sun Life Insurance Associate Vice President salary in Mumbai ranges between ₹24 Lakhs to ₹47 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Aditya Birla Sun Life Insurance latest salaries received from various employees of Aditya Birla Sun Life Insurance.

Aditya Birla Sun Life Insurance Associate Vice President salaries in Mumbai (Updated 2025)

Companies similar to Aditya Birla Sun Life Insurance for Associate Vice President in Mumbai

Latest annual salaries shared by Aditya Birla Sun Life Insurance Associate Vice President in Mumbai

Experience wise Aditya Birla Sun Life Insurance Associate Vice President salaries in Mumbai

Similar Designation salaries in Aditya Birla Sun Life Insurance

Salary related reviews for Aditya Birla Sun Life Insurance

Regional Training Manager in Varanasi

Assistant Sales Manager in Kolkata

Sales Executive in Kolkata

Deputy Cluster Manager in Kolkata

Senior Priority Relationship Manager in Chennai

Aditya Birla Sun Life Insurance Associate Vice President Salary FAQs

Tell us how to improve this page.