Edelweiss General Insurance Co. Chief Manager Salaries by 10 Employees

8 - 16 years exp.

₹18.5 Lakhs - ₹31.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

11% more than the average Chief Manager Salary in Financial Services Companies for 8 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 11 - 13 years exp. (3 salaries)	₹20 L/yr - ₹24 L/yr
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Product Management Chief Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹24.5 L/yr - ₹31.5 L/yr

Last Updated: 23 Sep 2024

Companies similar to Edelweiss General Insurance Co. for Chief Manager

Company name	Avg Annual Salary	Open Jobs
Reserve Bank Information Technology Chief Manager Salary 15 - 19 years exp. (5 salaries)	₹30.8 L/yr - ₹42 L/yr 47% more
Dhani Services Chief Manager Salary 10 - 22 years exp. (5 salaries)	₹10 L/yr - ₹23 L/yr 34% less
Login to view exact salary
ICICI Bank Chief Manager Salary 5 - 23 years exp. (2.2k salaries)	₹13 L/yr - ₹39 L/yr 2% more
IndusInd Bank Chief Manager Salary 0 - 19 years exp. (1.5k salaries)	₹5.9 L/yr - ₹18 L/yr 55% less	1 job opening
Kotak Mahindra Bank Chief Manager Salary 7 - 19 years exp. (905 salaries)	₹7.5 L/yr - ₹30 L/yr 29% less

Chief Manager salary at Edelweiss General Insurance Co. ranges between ₹18.5 Lakhs to ₹31.5 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 10 latest salaries received from various employees of Edelweiss General Insurance Co..

Latest annual salaries shared by Edelweiss General Insurance Co. Chief Manager

4mo ago

₹31.5 Lakhs

9 years exp.

1y ago

₹28.8 Lakhs

8 years exp.

1y ago

₹19.6 Lakhs

15 years exp.

1y ago

₹19.6 Lakhs

16 years exp.

1y ago

₹20.5 Lakhs

15 years exp.

1y ago

13 years exp.

1y ago

12 years exp.

1y ago

11 years exp.

Experience wise Edelweiss General Insurance Co. Chief Manager salaries

Last Updated: 23 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹23.9 L/yr - ₹30.6 L/yr
9 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹30 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹23 L/yr - ₹29.4 L/yr
11 years (AmbitionBox Estimate)	₹22.6 L/yr - ₹28.8 L/yr
12 years (AmbitionBox Estimate)	₹22.1 L/yr - ₹28.3 L/yr
13 years (AmbitionBox Estimate)	₹21.7 L/yr - ₹27.7 L/yr
14 years (AmbitionBox Estimate)	₹21.2 L/yr - ₹27.1 L/yr
15+ years (4 salaries)	₹18.5 L/yr - ₹41.1 L/yr

View all

Similar Designation salaries in Edelweiss General Insurance Co.

Area Manager Salary

(6 salaries)

₹9.1 L/yr - ₹12.5 L/yr

Sales Manager Salary

(10 salaries)

₹6.5 L/yr - ₹10 L/yr

Deputy Manager Salary

(4 salaries)

₹7.5 L/yr - ₹9.63 L/yr

Territory Manager Salary

(3 salaries)

₹6.3 L/yr - ₹12 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Area Sales Manager Salary

(13 salaries)

₹7 L/yr - ₹13.36 L/yr

Relationship Manager Salary

(4 salaries)

₹4.58 L/yr - ₹5.78 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Relationship Manager Salary

(4 salaries)

₹4.1 L/yr - ₹6.5 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Edelweiss General Insurance Co.

3.8

Rated by 3 employees for salary & benefits

Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 May 2021

3.0

for Salary and Benefits

Likes

Good appraisals with little partiality. No deduction in compensation. Increment and bonus are decent. Company policies are average. People here are very nice including bosses.

Job security - Excellent

Dislikes

There is no structure to work. Ownership is given to those who take it quietly, even if he/she is not responsible for the work. WFH is fully utilised, wherever possible. No scope of learning/training or guidance from the company/seniors.

Skill development - Bad

+4 more

Lead Engineer in Mumbai (working remotely)

Full Time

Project & Program Management Department

5.0

• posted on 27 Jan 2024

5.0

for Salary and Benefits

Likes

It's from Edelweiss group which is reputed and trust worthy

Salary - Excellent

+2 more

Dislikes

The leadership in tech is terrible. I have been shouted publically. Team members openly are shouted in high pitch voices. Theirs constant pressure to manipulate and not doing go results in verbal shouting . Calls at late evening and mid night are expected as the heads can call anytime. The culture across the company is really good however in my team it has gone bad in last few years. Teams talk about it but are scared to report the same. Hopefully things should change.

Skill development - Bad

+3 more

Claims Service Manager in Cannaught Place, New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 11 Aug 2022

3.0

for Salary and Benefits

Likes

Since it’s a new company so you get to learn new everyday.

Skill development - Good

+2 more

Dislikes

Work life balance is challenged as per the particular department is considered (Motor Claims). Can’t comment for other departments. But that’s a challenge in entire industry.

Software Engineer (working remotely)

Engineering - Software & QA Department

3.0

• posted on 28 Sep 2022

2.0

for Salary and Benefits

Likes

Working with team members was fun. Everyone was very helpful. There are members from the the other organisations also in the tech team. But everyone was super friendly and helpful.

Skill development - Good

Dislikes

I worked in the Technology team. Work culture at company was poor. Proper organization Structure was not there. Due to high volume of work, you will learn many things mainly related to web development but in a stressful environment. Poor organization skills of the people above made work more complicated. You have to work late hours and probably on weekends too. Pay is not according to the high volume of work a fresher does in a strict deadlines.

Salary - Poor

+3 more

Manager - Motor Claims in Mumbai

Motor Claims Department

3.0

• posted on 30 May 2022

1.0

for Salary and Benefits

Likes

HR policy on salary structure , Training and development,Work from anywhere

Dislikes

Favoritism,Biased mentality, no open heart to encourage the real talents, Partially on appraisal ,nothing considered on KPI,

Salary - Bad

+5 more

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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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Edelweiss General Insurance Co. Chief Manager Salary FAQs

What is the salary of Chief Manager at Edelweiss General Insurance Co. ?

The average salary of a Chief Manager at Edelweiss General Insurance Co. in India typically ranges from ₹18.5 Lakhs to ₹31.5 Lakhs per year, depending on experience (from 8 years to 16 years).

The top 10% of Chief Manager at Edelweiss General Insurance Co. earn more than ₹30.8 Lakhs per year, and the top 1% earn over ₹31.5 Lakhs per year. Chief Manager Salaries at Edelweiss General Insurance Co. 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 10 Edelweiss General Insurance Co. employees in India.

What is the estimated take home salary of a Chief Manager at Edelweiss General Insurance Co. in India?

The estimated take-home salary of a Chief Manager at Edelweiss General Insurance Co. in India typically ranges from ₹1,56,150 to ₹1,62,073 per month. This is based on the average salary range of ₹18.5 Lakhs to ₹31.5 Lakhs per year for employees with experience ranging from 8 years to 16 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 10 salaries received from various employees of Edelweiss General Insurance Co.. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Edelweiss General Insurance Co. for Chief Manager in India?

Reserve Bank Information Technology	₹30.8 Lakhs to ₹42.0 Lakhs per year
ICICI Bank	₹13.0 Lakhs to ₹39.0 Lakhs per year

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

What is the salary of a Chief Manager in companies similar to Edelweiss General Insurance Co. in India?

The salary of a Chief Manager at companies similar to Edelweiss General Insurance Co. in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank	₹7.5 Lakhs to ₹30.0 Lakhs per year
Dhani Services	₹10.0 Lakhs to ₹23.0 Lakhs per year
IndusInd Bank	₹5.9 Lakhs to ₹18.0 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 Chief Manager at Edelweiss General Insurance Co. in India?

The salary growth for a Chief Manager at Edelweiss General Insurance Co. depends on factors such as experience, performance, and promotions. On average, a Chief Manager can expect the following growth trajectory at Edelweiss General Insurance Co.:

Experience	Average Salary Range
8 years	₹23.9 Lakhs to ₹30.6 Lakhs per year
9 years	₹23.5 Lakhs to ₹30.0 Lakhs per year
10 years	₹23.0 Lakhs to ₹29.4 Lakhs per year
11 years	₹22.6 Lakhs to ₹28.8 Lakhs per year

and so on.

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Edelweiss General Insurance Co. Chief Manager Salaries

Edelweiss General Insurance Co. Chief Manager salary in India ranges between ₹18.5 Lakhs to ₹31.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Edelweiss General Insurance Co. latest salaries received from various employees of Edelweiss General Insurance Co..