Coverfox Mumbai Relationship Manager Salaries by 5 Employees (Updated 2025)

1 - 9 years exp.

₹3.4 Lakhs - ₹4.7 Lakhs

Salary of majority employees

24% less than the average Relationship Manager Salary in Insurance Companies for 1 - 9 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 6 - 9 years exp. (3 salaries)	₹3.7 L/yr - ₹4.7 L/yr
BFSI, Investments & Trading Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr

Last Updated: 15 Mar 2023

Companies similar to Coverfox for Relationship Manager in Mumbai

Coverfox Relationship Manager Salary

1 - 9 years exp. (5 salaries)

₹3.4 L/yr - ₹4.7 L/yr

Company name	Avg Annual Salary	Open Jobs
PolicyBazaar Relationship Manager Salary 0 - 10 years exp. (42 salaries)	₹1.6 L/yr - ₹5.5 L/yr 3% more	2 job openings
Turtlemint Relationship Manager Salary 1 - 6 years exp. (31 salaries)	₹1.8 L/yr - ₹4.5 L/yr 20% less
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RenewBuy Relationship Manager Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 16% less
Reliance General Insurance Relationship Manager Salary 4 - 9 years exp. (5 salaries)	₹4 L/yr - ₹6 L/yr 16% more
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 10 years exp. (51 salaries)	₹2.3 L/yr - ₹9.5 L/yr 16% more
Bajaj Allianz General Insurance Relationship Manager Salary 0 - 9 years exp. (32 salaries)	₹2.1 L/yr - ₹5.6 L/yr 14% less	68 job openings
HDFC Ergo General Insurance Relationship Manager Salary 2 - 6 years exp. (8 salaries)	₹2.4 L/yr - ₹4.1 L/yr 10% less
Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (145 salaries)	₹2 L/yr - ₹5 L/yr 1% less	180 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 7 years exp. (53 salaries)	₹1.8 L/yr - ₹4.5 L/yr 16% less	5 job openings
Marsh India Insurance Brokers Relationship Manager Salary 2 - 7 years exp. (16 salaries)	₹8 L/yr - ₹18.2 L/yr 174% more
Kotak Mahindra General Insurance Relationship Manager Salary 2 - 8 years exp. (7 salaries)	₹2.4 L/yr - ₹4.3 L/yr 30% less
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Robinhood Insurance Broker Relationship Manager Salary 1 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 9% less

Relationship Manager salary at Coverfox ranges between ₹3.4 Lakhs to ₹4.7 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Coverfox.

Experience wise Coverfox Relationship Manager salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.8 L/yr
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.7 L/yr

View all

Similar Designation salaries in Coverfox

Sales Executive Salary

(4 salaries)

₹2.4 L/yr - ₹3.4 L/yr

Assistant Sales Manager Salary

(3 salaries)

₹7.2 L/yr - ₹8 L/yr

Team Lead Salary

(3 salaries)

₹4 L/yr - ₹5 L/yr

Top skills at Coverfox for Relationship Manager

General Insurance Inside Sales Telesales Business Generation Sales Telecalling Motor Insurance Insurance Broking

Salary related reviews for Coverfox

5.0

Rated by 1 employees for salary & benefits

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 07 Mar 2024

3.0

for Salary and Benefits

Likes

For tech people, all guys leaves around 8 PM daily, for other they leave at 6PM. There are only 120 employees in this company

Dislikes

JOB SECURITY- This company running on Losses, dependent on Investors to pay salary, 2 Months salary was not paid to all companies on Jan 2023 and Feb 2023, which still remains uppaid to this date. Forget appraisels, Appraisels are suppose to happen on april, but they conduct it on november, and that too dosnt give any hike..and they say that company is having lack of funds hence cannot give appraisals, If you are planning to join this company, negotiate to remove your variable amount and add it to your fixed, because dont expect to get variable component in this company.

HR MIS Executive in Chandivali

Data Science & Analytics Department

5.0

• posted on 02 Oct 2020

4.0

for Salary and Benefits

Likes

... leave coverfox supported me and helped to save my job and me time to stay safe. Company policy are Excellent they given good salary hike as usual every year coverfox team mates are very supportive and helpful.

Dislikes

Never given chance to grap.better opportunity to change my carrier.carrier growth is not high.

Team Lead Operations in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 16 Jul 2024

5.0

for Salary and Benefits

Likes

1) All the staffing are very cooperative 2) I made more friends 3) Learning has no barrier - Go and get done by your own leadership, is the culture which is very liked 4) Work life balance is great which is best in the industry

Dislikes

Travel to the office is in this location is not really great from my home. Auto-Mumbai Local-Metro-Auto and vise-versa for home.

Senior SEO Executive in Mumbai

Full Time

Marketing & Communication Department

5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

Coverfox Insurance Broking Pvt. Ltd. has received positive reviews from both customers and employees. Customers appreciate the case of comparing and buying insurance policies online, with an average rating of 4 out of 5 based on 64 reviews. The company is also recognized for its diverse and inclusive environment and strong senior management.

Chief Staff in Mumbai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 23 Jul 2024

5.0

for Salary and Benefits

Likes

That the scope of growth, exposure, learning & culture is great. They treat everyone with a lot of respect. I get a lot of freedom to work the way I want to.

Dislikes

Sometimes the variety of work might be too much

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Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Coverfox Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Coverfox Mumbai?

Relationship Manager salary at Coverfox in Mumbai ranges between ₹3.4 Lakhs to ₹4.7 Lakhs for experience between 1 years to 9 years. According to our estimates it is 24% less than the average Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Coverfox Mumbai.

How does the salary of a Relationship Manager at Coverfox Mumbai compare with the average salary range for this job?

The average salary of a Relationship Manager at Coverfox is 24% less than the average salary of a Relationship Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at Coverfox?

General Insurance, Inside Sales, Telesales, Business Generation and Sales are some of the popular skills required to work as a Relationship Manager at Coverfox Mumbai.

Which similar companies are paying more than Coverfox to a Relationship Manager in Mumbai?

Marsh India Insurance Brokers Relationship Manager Salary - ₹8.0 Lakhs to ₹18.2 Lakhs per year
Reliance General Insurance Relationship Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.3 Lakhs to ₹9.5 Lakhs per year
PolicyBazaar Relationship Manager Salary - ₹1.6 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Relationship Manager in companies similar to Coverfox in Mumbai?

Tata AIA Life Insurance Relationship Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Robinhood Insurance Broker Relationship Manager Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
HDFC Ergo General Insurance Relationship Manager Salary - ₹2.4 Lakhs to ₹4.1 Lakhs per year
Bajaj Allianz General Insurance Relationship Manager Salary - ₹2.1 Lakhs to ₹5.6 Lakhs per year
RenewBuy Relationship Manager Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Relationship Manager at Coverfox in Mumbai?

The estimated take-home salary of a Relationship Manager at Coverfox ranges between ₹29,659 per month to ₹30,979 per month in Mumbai. The take-home salary calculation is based on the average Coverfox Relationship Manager salary in India which ranges between ₹3.4 Lakhs to ₹4.7 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

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Coverfox Relationship Manager Salaries in Mumbai

Coverfox Relationship Manager salary in Mumbai ranges between ₹3.4 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Coverfox latest salaries received from various employees of Coverfox.

Coverfox Relationship Manager salaries in Mumbai

Companies similar to Coverfox for Relationship Manager in Mumbai

Latest annual salaries shared by Coverfox Relationship Manager in Mumbai

Experience wise Coverfox Relationship Manager salaries in Mumbai

Similar Designation salaries in Coverfox

Top skills at Coverfox for Relationship Manager

Salary related reviews for Coverfox

Senior Manager in Mumbai

HR MIS Executive in Chandivali

Team Lead Operations in Mumbai

Senior SEO Executive in Mumbai

Chief Staff in Mumbai

Coverfox Relationship Manager Salary FAQs

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