Coverfox Mumbai Senior Manager Salaries by 4 Employees (Updated 2025)

5 - 15 years exp.

₹12 Lakhs - ₹29 Lakhs

Salary of majority employees

8% less than the average Senior Manager Salary in Insurance Companies for 5 - 15 years of experience

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Last Updated: 7 Mar 2024

Companies similar to Coverfox for Senior Manager in Mumbai

Coverfox Senior Manager Salary

5 - 15 years exp. (4 salaries)

₹12 L/yr - ₹29 L/yr

Company name	Avg Annual Salary	Open Jobs
PolicyBazaar Senior Manager Salary 10 - 16 years exp. (3 salaries)	₹12.5 L/yr - ₹20.5 L/yr 26% less
Digit Insurance Senior Manager Salary 5 - 14 years exp. (8 salaries)	₹16 L/yr - ₹28 L/yr 6% more
Login to view exact salary
Turtlemint Senior Manager Salary 1 - 10 years exp. (16 salaries)	₹9.7 L/yr - ₹24.2 L/yr 23% less
Reliance General Insurance Senior Manager Salary 5 - 17 years exp. (36 salaries)	₹6.5 L/yr - ₹15 L/yr 46% less
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 18 years exp. (457 salaries)	₹5 L/yr - ₹15 L/yr 51% less	6 job openings
HDFC Ergo General Insurance Senior Manager Salary 5 - 19 years exp. (98 salaries)	₹7 L/yr - ₹25 L/yr 23% less
Tata AIA Life Insurance Senior Manager Salary 8 - 21 years exp. (169 salaries)	₹10.8 L/yr - ₹38 L/yr 29% more	13 job openings
Marsh India Insurance Brokers Senior Manager Salary 6 - 10 years exp. (29 salaries)	₹11.5 L/yr - ₹24.5 L/yr 6% less
Alliance Insurance Brokers Senior Manager Salary 6 - 16 years exp. (22 salaries)	₹9 L/yr - ₹15 L/yr 40% less
Kotak Mahindra General Insurance Senior Manager Salary 6 - 16 years exp. (22 salaries)	₹6.7 L/yr - ₹13 L/yr 51% less
Aditya Birla Insurance Brokers Senior Manager Salary 3 - 20 years exp. (19 salaries)	₹9.4 L/yr - ₹16.2 L/yr 38% less
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Bajaj Allianz Life Insurance Senior Manager Salary 0 - 12 years exp. (18 salaries)	₹7.2 L/yr - ₹19 L/yr 42% less	1 job opening
Prudent Insurance Brokers Senior Manager Salary 7 - 13 years exp. (8 salaries)	₹8 L/yr - ₹13.4 L/yr 34% less
Health India Tpa Services Senior Manager Salary 11 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr 51% less
Tata Motors Insurance Broking And Advisory Services Senior Manager Salary 10 - 16 years exp. (3 salaries)	₹7.6 L/yr - ₹16 L/yr 37% less

Senior Manager salary at Coverfox ranges between ₹12 Lakhs to ₹29 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Coverfox.

Experience wise Coverfox Senior Manager salaries in Mumbai

Last Updated: 7 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
7 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹26.1 L/yr
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15+ years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr

Similar Designation salaries in Coverfox

Relationship Manager Salary

(5 salaries)

₹3.4 L/yr - ₹4.65 L/yr

Business Manager Salary

(4 salaries)

₹10 L/yr - ₹11 L/yr

Team Lead Salary

(3 salaries)

₹4 L/yr - ₹5 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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fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Coverfox Senior Manager Salary FAQs

What is the salary of Senior Manager at Coverfox Mumbai?

Senior Manager salary at Coverfox in Mumbai ranges between ₹12.0 Lakhs to ₹29.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 8% less than the average Senior Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Coverfox Mumbai.

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

The average salary of a Senior Manager at Coverfox is 8% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

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

Tata AIA Life Insurance Senior Manager Salary - ₹10.8 Lakhs to ₹38.0 Lakhs per year
Digit Insurance Senior Manager Salary - ₹16.0 Lakhs to ₹28.0 Lakhs per year

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

Marsh India Insurance Brokers Senior Manager Salary - ₹11.5 Lakhs to ₹24.5 Lakhs per year
HDFC Ergo General Insurance Senior Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Turtlemint Senior Manager Salary - ₹9.7 Lakhs to ₹24.2 Lakhs per year
PolicyBazaar Senior Manager Salary - ₹12.5 Lakhs to ₹20.5 Lakhs per year
Prudent Insurance Brokers Senior Manager Salary - ₹8.0 Lakhs to ₹13.4 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Coverfox ranges between ₹1,30,020 per month to ₹1,34,610 per month in Mumbai. The take-home salary calculation is based on the average Coverfox Senior Manager salary in India which ranges between ₹12.0 Lakhs to ₹29.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at Coverfox in Mumbai?

According to AmbitionBox, 100% of the Coverfox Senior Managers in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Coverfox Senior Manager Salaries in Mumbai

Coverfox Senior Manager salary in Mumbai ranges between ₹12 Lakhs to ₹29 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Coverfox latest salaries received from various employees of Coverfox.