Coverfox Senior Manager Salaries by 5 Employees (Updated 2025)

5 - 7 years exp.

₹12 Lakhs - ₹23 Lakhs

Low Confidence

Salary of majority employees

9% less than the average Senior Manager Salary in Insurance Companies for 5 - 7 years of experience

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Salaries in different departments

Consulting Senior Manager Salary 7 years exp. (AmbitionBox Estimate)	₹20.4 L/yr - ₹25 L/yr
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Strategic & Top Management Senior Manager Salary 6 years exp. (AmbitionBox Estimate)	₹20.7 L/yr - ₹25.3 L/yr

Last Updated: 9 Feb 2025

Companies similar to Coverfox for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Senior Manager Salary 8 - 19 years exp. (231 salaries)	₹10.8 L/yr - ₹42 L/yr 21% more	5 job openings
Bajaj Allianz Life Insurance Senior Manager Salary 3 - 18 years exp. (144 salaries)	₹9.2 L/yr - ₹24 L/yr 31% less
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Marsh India Insurance Brokers Senior Manager Salary 6 - 12 years exp. (48 salaries)	₹10 L/yr - ₹24.5 L/yr 18% less
Kotak Mahindra General Insurance Senior Manager Salary 6 - 16 years exp. (46 salaries)	₹6.7 L/yr - ₹13.4 L/yr 47% less
Prudent Insurance Brokers Senior Manager Salary 5 - 17 years exp. (41 salaries)	₹7.5 L/yr - ₹23.9 L/yr 28% less
AXA Business Services Senior Manager Salary 10 - 20 years exp. (34 salaries)	₹24 L/yr - ₹39 L/yr 65% more
Alliance Insurance Brokers Senior Manager Salary 5 - 16 years exp. (26 salaries)	₹9 L/yr - ₹15 L/yr 42% less
Aditya Birla Insurance Brokers Senior Manager Salary 5 - 20 years exp. (20 salaries)	₹9.4 L/yr - ₹16.2 L/yr 39% less
Tata Motors Insurance Broking And Advisory Services Senior Manager Salary 2 - 18 years exp. (11 salaries)	₹7.6 L/yr - ₹18 L/yr 39% less
Health India Tpa Services Senior Manager Salary 6 - 17 years exp. (9 salaries)	₹6 L/yr - ₹14 L/yr 53% less
Smc Insurance Brokers Senior Manager Salary 7 - 14 years exp. (7 salaries)	₹4.5 L/yr - ₹14.4 L/yr 59% less
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Vidal Health Tpa Senior Manager Salary 8 - 17 years exp. (7 salaries)	₹11.7 L/yr - ₹22 L/yr 21% less
Unison Insurance Broking Services Senior Manager Salary 7 - 19 years exp. (7 salaries)	₹5.8 L/yr - ₹12 L/yr 62% less
Emedlife Insurance Broking Services Senior Manager Salary 9 - 18 years exp. (7 salaries)	₹9.5 L/yr - ₹19 L/yr 32% less
Robinhood Insurance Broker Senior Manager Salary 6 - 16 years exp. (5 salaries)	₹3.6 L/yr - ₹15 L/yr 54% less
Europ Assistance India Senior Manager Salary 10 - 13 years exp. (4 salaries)	₹8 L/yr - ₹9.2 L/yr 54% less
Medsave Healthcare TPA Senior Manager Salary 5 - 11 years exp. (4 salaries)	₹6 L/yr - ₹8.7 L/yr 62% less
Health Insurance TPA of India Senior Manager Salary 7 - 12 years exp. (3 salaries)	₹10 L/yr - ₹11.3 L/yr 47% less

Senior Manager salary at Coverfox ranges between ₹12 Lakhs to ₹23 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Coverfox.

Experience wise Coverfox Senior Manager salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
5 years (3 salaries)	₹12 L/yr - ₹23 L/yr
6 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹23 L/yr
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7 years (AmbitionBox Estimate)	₹22.7 L/yr - ₹41.4 L/yr

Similar Designation salaries in Coverfox

Deputy Manager Salary

(5 salaries)

₹8 L/yr - ₹8.9 L/yr

Sales Manager Salary

(7 salaries)

₹3.3 L/yr - ₹6 L/yr

Senior Sales Manager Salary

(4 salaries)

₹10.4 L/yr - ₹11.4 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Business Manager Salary

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₹10 L/yr - ₹11 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Relationship Manager Salary

(9 salaries)

₹3.4 L/yr - ₹4.65 L/yr

Zonal Sales Manager Salary

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₹7.5 L/yr - ₹12.7 L/yr

Team Lead Salary

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₹3.2 L/yr - ₹5.6 L/yr

Salary related reviews for Coverfox

3.5

Rated by 3 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

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

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Coverfox Senior Manager Salary FAQs

What is the salary of Senior Manager at Coverfox ?

The average salary of a Senior Manager at Coverfox in India typically ranges from ₹12.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Senior Manager at Coverfox earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Senior 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 5 Coverfox employees in India.

What is the estimated take home salary of a Senior Manager at Coverfox in India?

The estimated take-home salary of a Senior Manager at Coverfox in India typically ranges from ₹1,30,750 to ₹1,35,437 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 5 years to 7 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 5 salaries received from various employees of Coverfox. Check how we calculate in-hand salary with our in-hand salary calculator.

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

AXA Business Services	₹24.0 Lakhs to ₹39.0 Lakhs per year
Tata AIA Life Insurance	₹10.8 Lakhs to ₹42.0 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 Senior Manager in companies similar to Coverfox in India?

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

Marsh India Insurance Brokers	₹10.0 Lakhs to ₹24.5 Lakhs per year
Vidal Health Tpa	₹11.7 Lakhs to ₹22.0 Lakhs per year
Prudent Insurance Brokers	₹7.5 Lakhs to ₹23.9 Lakhs per year
Bajaj Allianz Life Insurance	₹9.2 Lakhs to ₹24.0 Lakhs per year
Emedlife Insurance Broking Services	₹9.5 Lakhs to ₹19.0 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 Senior Manager at Coverfox in India?

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

Experience	Average Salary Range
5 years	₹12.0 Lakhs to ₹23.0 Lakhs per year
6 years	₹8.2 Lakhs to ₹23.0 Lakhs per year
7 years	₹22.7 Lakhs to ₹41.4 Lakhs per year

and so on.

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Coverfox Senior Manager Salaries

Coverfox Senior Manager salary in India ranges between ₹12 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Coverfox latest salaries received from various employees of Coverfox.