Aditya Birla Sun Life Insurance Mumbai AVP Salaries by 4 Employees (Updated 2025)

8 - 14 years exp.

₹29 Lakhs - ₹40.5 Lakhs

Salary of majority employees

Fixed (80%)

₹27.5 Lakhs

Variable (20%)

₹6.9 Lakhs

15% more than the average AVP Salary in Insurance Companies for 8 - 14 years of experience

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Last Updated: 8 Dec 2024

Companies similar to Aditya Birla Sun Life Insurance for AVP in Mumbai

Aditya Birla Sun Life Insurance AVP Salary

8 - 14 years exp. (4 salaries)

₹29 L/yr - ₹40.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life AVP Salary 15 - 20 years exp. (8 salaries)	₹25 L/yr - ₹39 L/yr 3% less
SBI Life Insurance Company AVP Salary 12 - 18 years exp. (10 salaries)	₹15 L/yr - ₹26.2 L/yr 37% less
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Kotak Mahindara Life Insurance AVP Salary 7 - 22 years exp. (9 salaries)	₹9.8 L/yr - ₹26.1 L/yr 53% less
Reliance Nippon Life Insurance AVP Salary 13 - 20 years exp. (7 salaries)	₹20 L/yr - ₹33 L/yr 34% less
ICICI Lombard General Insurance Company AVP Salary 11 - 18 years exp. (20 salaries)	₹16 L/yr - ₹39 L/yr 23% less
HDFC Ergo General Insurance AVP Salary 10 - 19 years exp. (12 salaries)	₹16 L/yr - ₹32 L/yr 34% less
Aditya Birla Health Insurance Co AVP Salary 10 - 15 years exp. (3 salaries)	₹31 L/yr - ₹36 L/yr 3% less

AVP salary at Aditya Birla Sun Life Insurance ranges between ₹29 Lakhs to ₹40.5 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Aditya Birla Sun Life Insurance.

Experience wise Aditya Birla Sun Life Insurance AVP salaries in Mumbai

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr
9 years (AmbitionBox Estimate)	₹34 L/yr - ₹43.4 L/yr
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14 years (AmbitionBox Estimate)	₹29.7 L/yr - ₹37.9 L/yr

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Salary related reviews for Aditya Birla Sun Life Insurance

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

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

Managing Partner in Ranchi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 May 2023

3.0

for Salary and Benefits

Likes

I like the organisation’s latest updates related to technology which helps us to present ourselves well in front of the customers .

Work-life balance - Good

Dislikes

Since my joining 2009 no hike in salary of Fls no job band last 15 years unchanged salary. It is only for FLS

Skill development - Poor

+2 more

Branch Relationship Executive in Mumbai

Mumbai Department

5.0

• posted on 17 Jun 2021

1.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. Company policies are good.

Skill development - Excellent

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. They are not giving Increments on time, bad salary hike and also Worst Culture in higher management.

Salary - Bad

+4 more

Assistant Manager Operations in BHUJ Kutch

BFSI, Investments & Trading Department

5.0

• posted on 25 Mar 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Not! I mean no any dislikes about company or management All is superb Eco-friendly

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Aditya Birla Sun Life Insurance AVP Salary FAQs

What is the salary of AVP at Aditya Birla Sun Life Insurance Mumbai?

AVP salary at Aditya Birla Sun Life Insurance in Mumbai ranges between ₹29.0 Lakhs to ₹40.5 Lakhs for experience between 8 years to 14 years. According to our estimates it is 15% more than the average AVP Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Aditya Birla Sun Life Insurance Mumbai.

How does the salary of a AVP at Aditya Birla Sun Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a AVP at Aditya Birla Sun Life Insurance is 15% more than the average salary of a AVP in Mumbai. To know exact salary insights, login to view.

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

Aditya Birla Health Insurance Co AVP Salary - ₹31.0 Lakhs to ₹36.0 Lakhs per year
HDFC Life AVP Salary - ₹25.0 Lakhs to ₹39.0 Lakhs per year
ICICI Lombard General Insurance Company AVP Salary - ₹16.0 Lakhs to ₹39.0 Lakhs per year
Reliance Nippon Life Insurance AVP Salary - ₹20.0 Lakhs to ₹33.0 Lakhs per year
HDFC Ergo General Insurance AVP Salary - ₹16.0 Lakhs to ₹32.0 Lakhs per year

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

The estimated take-home salary of a AVP at Aditya Birla Sun Life Insurance ranges between ₹2,08,395 per month to ₹2,16,680 per month in Mumbai. The take-home salary calculation is based on the average Aditya Birla Sun Life Insurance AVP salary in India which ranges between ₹29.0 Lakhs to ₹40.5 Lakhs per year for employees with experience between 8 years to 14 years. Check how did we calculate take home salary?

What is the notice period for AVP at Aditya Birla Sun Life Insurance in Mumbai?

According to AmbitionBox, 67% of the Aditya Birla Sun Life Insurance AVPs in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Aditya Birla Sun Life Insurance AVP Salaries in Mumbai

Aditya Birla Sun Life Insurance AVP salary in Mumbai ranges between ₹29 Lakhs to ₹40.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Aditya Birla Sun Life Insurance latest salaries received from various employees of Aditya Birla Sun Life Insurance.