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

5 - 11 years exp.

₹9 Lakhs - ₹13.1 Lakhs

Salary of majority employees

15% less than the average Risk Manager Salary in Insurance Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Risk Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹10.5 L/yr
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Legal & Regulatory Risk Manager Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹14.4 L/yr

Last Updated: 5 Jan 2024

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

Aditya Birla Sun Life Insurance Risk Manager Salary

5 - 11 years exp. (4 salaries)

₹9 L/yr - ₹13.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Risk Manager Salary 15 - 17 years exp. (3 salaries)	₹12.8 L/yr - ₹15 L/yr 18% more
SBI Life Insurance Company Risk Manager Salary 5 - 8 years exp. (5 salaries)	₹9.4 L/yr - ₹21 L/yr 19% more
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ICICI Lombard General Insurance Company Risk Manager Salary 2 - 6 years exp. (4 salaries)	₹7 L/yr - ₹15 L/yr 1% less
Aditya Birla Health Insurance Co Risk Manager Salary 1 - 3 years exp. (4 salaries)	₹10 L/yr - ₹12.7 L/yr 4% more
SBI General Insurance Risk Manager Salary 2 - 12 years exp. (3 salaries)	₹11 L/yr - ₹12 L/yr 2% more

Risk Manager salary at Aditya Birla Sun Life Insurance ranges between ₹9 Lakhs to ₹13.1 Lakhs per year for employees with experience between 5 years to 11 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 Risk Manager salaries in Mumbai

Last Updated: 5 Jan 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
9 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
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11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

Similar Designation salaries in Aditya Birla Sun Life Insurance

Deputy Manager Salary

(52 salaries)

₹3.2 L/yr - ₹10 L/yr

Assistant Vice President Salary

(7 salaries)

₹40 L/yr - ₹56 L/yr

Branch Manager Salary

(3 salaries)

₹7 L/yr - ₹9.35 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.

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.

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.

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.

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.

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.

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.

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

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Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Aditya Birla Sun Life Insurance Risk Manager Salary FAQs

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

Risk Manager salary at Aditya Birla Sun Life Insurance in Mumbai ranges between ₹9.0 Lakhs to ₹13.1 Lakhs for experience between 5 years to 11 years. According to our estimates it is 15% less than the average Risk Manager 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 Risk Manager at Aditya Birla Sun Life Insurance Mumbai compare with the average salary range for this job?

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

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

SBI Life Insurance Company Risk Manager Salary - ₹9.4 Lakhs to ₹21.0 Lakhs per year
HDFC Life Risk Manager Salary - ₹12.8 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Health Insurance Co Risk Manager Salary - ₹10.0 Lakhs to ₹12.7 Lakhs per year
SBI General Insurance Risk Manager Salary - ₹11.0 Lakhs to ₹12.0 Lakhs per year

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

ICICI Lombard General Insurance Company Risk Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Risk Manager at Aditya Birla Sun Life Insurance ranges between ₹81,552 per month to ₹83,678 per month in Mumbai. The take-home salary calculation is based on the average Aditya Birla Sun Life Insurance Risk Manager salary in India which ranges between ₹9.0 Lakhs to ₹13.1 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

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

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

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Aditya Birla Sun Life Insurance Risk Manager Salaries in Mumbai

Aditya Birla Sun Life Insurance Risk Manager salary in Mumbai ranges between ₹9 Lakhs to ₹13.1 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.