Coverfox New Delhi Relationship Manager Salaries by 4 Employees

2 - 5 years exp.

₹3.6 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

24% less than the average Relationship Manager Salary in Insurance Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Relationship Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr
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Sales & Business Development Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to Coverfox for Relationship Manager in New Delhi

Coverfox Relationship Manager Salary

2 - 5 years exp. (4 salaries)

₹3.6 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (186 salaries)	₹2 L/yr - ₹5.5 L/yr 1% more	39 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 9 years exp. (57 salaries)	₹2.3 L/yr - ₹5 L/yr 8% less	22 job openings
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Smc Insurance Brokers Relationship Manager Salary 0 - 6 years exp. (18 salaries)	₹1.5 L/yr - ₹5.2 L/yr 29% less
Kotak Mahindra General Insurance Relationship Manager Salary 2 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹4.4 L/yr 8% less
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.8k salaries)	₹3 L/yr - ₹12 L/yr 93% more	1 job opening

Relationship Manager salary at Coverfox ranges between ₹3.6 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Coverfox.

Experience wise Coverfox Relationship Manager salaries in New Delhi

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Coverfox

Team Lead Salary

(6 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Sales Executive Salary

(5 salaries)

₹2.75 L/yr - ₹3.5 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

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

Company culture - Good

+1 more

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.

Skill development - Bad

+3 more

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.

Salary - Good

+6 more

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

Salary - Excellent

+6 more

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.

Salary - Excellent

+6 more

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.

Salary - Excellent

+6 more

Dislikes

Sometimes the variety of work might be too much

see more salary related reviews

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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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Coverfox Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Coverfox in New Delhi?

The average salary of a Relationship Manager at Coverfox in New Delhi typically ranges from ₹3.6 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Relationship Manager in New Delhi at Coverfox earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Relationship Manager Salaries at Coverfox 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 Coverfox employees in India.

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

The estimated take-home salary of a Relationship Manager at Coverfox in New Delhi typically ranges from ₹29,443 to ₹30,815 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 5 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 Coverfox. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Relationship Manager at Coverfox in New Delhi?

To be a Relationship Manager at Coverfox in New Delhi, the key skills required include:

- General Insurance
- Inside Sales
- Telesales
- Business Generation
- Sales

These skills are highly valued at Coverfox and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Coverfox for Relationship Manager in India?

ICICI Bank	₹3.0 Lakhs to ₹12.0 Lakhs per year
Tata AIA Life Insurance	₹2.0 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Coverfox, depending on the role and experience level.

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

The salary of a Relationship Manager at companies similar to Coverfox in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹2.3 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindra General Insurance	₹2.8 Lakhs to ₹4.4 Lakhs per year
Smc Insurance Brokers	₹1.5 Lakhs to ₹5.2 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 Relationship Manager at Coverfox in New Delhi?

The salary growth for a Relationship Manager at Coverfox in New Delhi depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in New Delhi can expect the following growth trajectory at Coverfox:

Experience	Average Salary Range
2 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Coverfox Relationship Manager Salaries in New Delhi

Coverfox Relationship Manager salary in New Delhi ranges between ₹3.6 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Coverfox latest salaries received from various employees of Coverfox.