Aditya Birla Sun Life Insurance Chennai Manager Salaries by 4 Employees

3 - 9 years exp.

₹4.6 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% less than the average Manager Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 3 - 8 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.9 L/yr
Marketing & Communication Manager Salary 9 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9 L/yr
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Sales & Business Development Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7.9 L/yr

Last Updated: 22 Dec 2024

Companies similar to Aditya Birla Sun Life Insurance for Manager in Chennai

Aditya Birla Sun Life Insurance Manager Salary

3 - 9 years exp. (4 salaries)

₹4.6 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Star Health & Allied Insurance Manager Salary 1 - 14 years exp. (96 salaries)	₹2.8 L/yr - ₹11 L/yr 22% less
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (37 salaries)	₹2.8 L/yr - ₹8 L/yr 36% less
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HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (19 salaries)	₹5.6 L/yr - ₹13 L/yr 6% more
Aditya Birla Health Insurance Co Manager Salary 7 - 12 years exp. (7 salaries)	₹5.4 L/yr - ₹13 L/yr 3% more
SBI Life Insurance Company Manager Salary 5 - 17 years exp. (6 salaries)	₹5.4 L/yr - ₹12.8 L/yr 15% more
Shriram Life Insurance Manager Salary 7 - 15 years exp. (5 salaries)	₹5.7 L/yr - ₹11.9 L/yr 10% less
Axis Max Life Insurance Manager Salary 4 - 13 years exp. (4 salaries)	₹4 L/yr - ₹13.3 L/yr 4% more	2 job openings
ICICI Lombard General Insurance Company Manager Salary 5 - 13 years exp. (4 salaries)	₹5.5 L/yr - ₹11.9 L/yr 21% less
Reliance Nippon Life Insurance Manager Salary 8 - 18 years exp. (3 salaries)	₹5.4 L/yr - ₹9.5 L/yr 30% less
Tata AIA Life Insurance Manager Salary 12 - 15 years exp. (3 salaries)	₹5.7 L/yr - ₹16 L/yr 66% more	2 job openings

Manager salary at Aditya Birla Sun Life Insurance ranges between ₹4.6 Lakhs to ₹9 Lakhs per year for employees with experience between 3 years to 9 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 salaries in Chennai

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
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5 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr

View all

From

Manager

₹

Lakhs/yr

0 - 12 years exp.

Deputy Chief Manager

₹

Lakhs/yr

0 - 18 years exp.

Manager 0 - 12 years exp.

Senior Manager 1 - 12 years exp.

3% hike

Deputy Chief Manager 0 - 18 years exp.

85% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Aditya Birla Sun Life Insurance

Deputy Manager Salary

(3 salaries)

₹5 L/yr - ₹7.4 L/yr

Salary related reviews for Aditya Birla Sun Life Insurance

4.0

Rated by 2 employees for salary & benefits

Manager in Mumbai

Finance & Accounting Department

4.0

• posted on 14 Aug 2018

3.0

for Salary and Benefits

Likes

Flexibility career growth and learning and development is exceptional...there are lot of cross functional opportunities also available within the company....business leaders are phenomenal and take special care of your development...rewards and recognition platform is very exciting.

Skill development - Excellent

+5 more

Dislikes

Pay scale is too low and need to monitored along with responsibilities

Manager in Thane

Project & Program Management Department

3.0

• posted on 04 Sep 2017

4.0

for Salary and Benefits

Likes

Travelling facilities. Salary is credited on time.

Salary - Good

Dislikes

There is worst politics and very difficult to balance work life. Its like no time for families. Working days is Monday to Friday but still you require to be available any time during weekend as well

Job security - Poor

+2 more

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

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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 Manager Salary FAQs

What is the salary of Manager at Aditya Birla Sun Life Insurance in Chennai?

The average salary of a Manager at Aditya Birla Sun Life Insurance in Chennai typically ranges from ₹4.6 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Manager in Chennai at Aditya Birla Sun Life Insurance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Manager 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 4 Aditya Birla Sun Life Insurance employees in India.

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

The estimated take-home salary of a Manager at Aditya Birla Sun Life Insurance in Chennai typically ranges from ₹61,076 to ₹62,623 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 4 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 Manager in India?

Tata AIA Life Insurance	₹5.7 Lakhs to ₹16.0 Lakhs per year
SBI Life Insurance Company	₹5.4 Lakhs to ₹12.8 Lakhs per year
HDFC Ergo General Insurance	₹5.6 Lakhs to ₹13.0 Lakhs per year
Axis Max Life Insurance	₹4.0 Lakhs to ₹13.3 Lakhs per year
Aditya Birla Health Insurance Co	₹5.4 Lakhs to ₹13.0 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 Manager in companies similar to Aditya Birla Sun Life Insurance in Chennai?

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

Shriram Life Insurance	₹5.7 Lakhs to ₹11.9 Lakhs per year
ICICI Lombard General Insurance Company	₹5.5 Lakhs to ₹11.9 Lakhs per year
Star Health & Allied Insurance	₹2.8 Lakhs to ₹11.0 Lakhs per year
Reliance Nippon Life Insurance	₹5.4 Lakhs to ₹9.5 Lakhs per year
Kotak Mahindara Life Insurance	₹2.8 Lakhs to ₹8.0 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 Manager at Aditya Birla Sun Life Insurance in Chennai?

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

Experience	Average Salary Range
3 years	₹7.9 Lakhs to ₹10.2 Lakhs per year
4 years	₹7.8 Lakhs to ₹10.0 Lakhs per year
5 years	₹7.6 Lakhs to ₹9.8 Lakhs per year
6 years	₹7.5 Lakhs to ₹9.6 Lakhs per year

and so on.

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Aditya Birla Sun Life Insurance Manager Salaries in Chennai

Aditya Birla Sun Life Insurance Manager salary in Chennai ranges between ₹4.6 Lakhs to ₹9 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.