Aditya Birla Sun Life Insurance Mumbai Manager M1 Salaries by 4 Employees (Updated 2025)

6 - 14 years exp.

₹8.4 Lakhs - ₹9.3 Lakhs

Salary of majority employees

21% less than the average Manager M1 Salary in Insurance Companies for 6 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations Manager M1 Salary 6 - 14 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹8.5 L/yr
Sales & Business Development Manager M1 Salary 6 years exp. (AmbitionBox Estimate)	₹7.9 L/yr - ₹9.7 L/yr
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Research & Development Manager M1 Salary 7 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.3 L/yr

Last Updated: 15 Dec 2023

Companies similar to Aditya Birla Sun Life Insurance for Manager M1 in Mumbai

Aditya Birla Sun Life Insurance Manager M1 Salary

6 - 14 years exp. (4 salaries)

₹8.4 L/yr - ₹9.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Manager M1 Salary 1 - 11 years exp. (26 salaries)	₹6 L/yr - ₹9.5 L/yr 13% less
SBI Life Insurance Company Manager M1 Salary 3 - 17 years exp. (3 salaries)	₹8.6 L/yr - ₹11.6 L/yr 20% more
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HDFC Ergo General Insurance Manager M1 Salary 5 - 10 years exp. (8 salaries)	₹8.5 L/yr - ₹14 L/yr 8% more
ICICI Lombard General Insurance Company Manager M1 Salary 2 - 3 years exp. (3 salaries)	₹6.5 L/yr - ₹6.7 L/yr 25% less
ICICI Bank Manager M1 Salary 1 - 17 years exp. (497 salaries)	₹4.5 L/yr - ₹16 L/yr 22% more

Manager M1 salary at Aditya Birla Sun Life Insurance ranges between ₹8.4 Lakhs to ₹9.3 Lakhs per year for employees with experience between 6 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 Manager M1 salaries in Mumbai

Last Updated: 15 Dec 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
7 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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14 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in Aditya Birla Sun Life Insurance

Deputy Manager Salary

(65 salaries)

₹3.2 L/yr - ₹10 L/yr

Cluster Manager Salary

(33 salaries)

₹6.75 L/yr - ₹14 L/yr

Area Manager Salary

(31 salaries)

₹5.25 L/yr - ₹9 L/yr

Project Manager Salary

(4 salaries)

₹5 L/yr - ₹19.2 L/yr

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

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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2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Aditya Birla Sun Life Insurance Manager M1 Salary FAQs

What is the salary of Manager M1 at Aditya Birla Sun Life Insurance Mumbai?

Manager M1 salary at Aditya Birla Sun Life Insurance in Mumbai ranges between ₹8.4 Lakhs to ₹9.3 Lakhs for experience between 6 years to 14 years. According to our estimates it is 21% less than the average Manager M1 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 Manager M1 at Aditya Birla Sun Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Manager M1 at Aditya Birla Sun Life Insurance is 21% less than the average salary of a Manager M1 in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Aditya Birla Sun Life Insurance to a Manager M1 in Mumbai?

ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹16.0 Lakhs per year
SBI Life Insurance Company Manager M1 Salary - ₹8.6 Lakhs to ₹11.6 Lakhs per year
HDFC Ergo General Insurance Manager M1 Salary - ₹8.5 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Manager M1 in companies similar to Aditya Birla Sun Life Insurance in Mumbai?

ICICI Prudential Life Insurance Manager M1 Salary - ₹6.0 Lakhs to ₹9.5 Lakhs per year
ICICI Lombard General Insurance Company Manager M1 Salary - ₹6.5 Lakhs to ₹6.7 Lakhs per year

What is the estimated take home salary of a Manager M1 at Aditya Birla Sun Life Insurance in Mumbai?

The estimated take-home salary of a Manager M1 at Aditya Birla Sun Life Insurance ranges between ₹64,020 per month to ₹65,650 per month in Mumbai. The take-home salary calculation is based on the average Aditya Birla Sun Life Insurance Manager M1 salary in India which ranges between ₹8.4 Lakhs to ₹9.3 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Aditya Birla Sun Life Insurance in Mumbai?

According to AmbitionBox, 100% of the Aditya Birla Sun Life Insurance Manager M1s in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Aditya Birla Sun Life Insurance Manager M1 Salaries in Mumbai

Aditya Birla Sun Life Insurance Manager M1 salary in Mumbai ranges between ₹8.4 Lakhs to ₹9.3 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.