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Edelweiss General Insurance Co. Manager salaries in Mumbai

Annual salary range
4 - 16 years exp.
₹10.6 Lakhs - ₹16.3 Lakhs
Salary of majority employees
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27% less than the average Manager Salary in Financial Services Companies for 4 - 16 years of experience

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Last Updated: 13 Jul 2023

Companies similar to Edelweiss General Insurance Co. for Manager in Mumbai

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Edelweiss General Insurance Co. Manager Salary

4 - 16 years exp. (8 salaries)

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₹10.6 L/yr - ₹16.3 L/yr

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Manager salary at Edelweiss General Insurance Co. ranges between ₹10.6 Lakhs to ₹16.3 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 8 latest salaries received from various employees of Edelweiss General Insurance Co..

Latest annual salaries shared by Edelweiss General Insurance Co. Manager in Mumbai

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9 years exp.
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9 years exp.
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8 years exp.
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16 years exp.
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5 years exp.
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4 years exp.

Experience wise Edelweiss General Insurance Co. Manager salaries in Mumbai

Last Updated: 13 Jul 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹11 L/yr - ₹14 L/yr
5 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 L/yr
7 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 L/yr
8 years (AmbitionBox Estimate)

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₹10.9 L/yr - ₹13.9 L/yr
View all

Similar Designation salaries in Edelweiss General Insurance Co.

Deputy Manager Salary
(4 salaries)
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₹7.5 L/yr - ₹9.63 L/yr
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₹5 L/yr - ₹5.5 L/yr

Salary related reviews for Edelweiss General Insurance Co.

3.9

Rated by 2 employees for salary & benefits

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • Skill development - Bad
  • +3 more

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.

read more

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.

read more
  • 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.

read more
  • Salary - Poor
  • +3 more

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,

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Edelweiss General Insurance Co. Manager Salary FAQs

What is the salary of Manager at Edelweiss General Insurance Co. in Mumbai?
The average salary of a Manager at Edelweiss General Insurance Co. in Mumbai typically ranges from ₹10.6 Lakhs to ₹16.3 Lakhs per year, depending on experience (from 4 years to 16 years).

The top 10% of Manager in Mumbai at Edelweiss General Insurance Co. earn more than ₹15.8 Lakhs per year, and the top 1% earn over ₹16.3 Lakhs per year. 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 8 Edelweiss General Insurance Co. employees in India.
What is the estimated take home salary of a Manager at Edelweiss General Insurance Co. in Mumbai?
The estimated take-home salary of a Manager at Edelweiss General Insurance Co. in Mumbai typically ranges from ₹85,247 to ₹87,478 per month. This is based on the average salary range of ₹10.6 Lakhs to ₹16.3 Lakhs per year for employees with experience ranging from 4 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 8 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 Manager in India?
Emirates NBD ₹14.8 Lakhs to ₹40.0 Lakhs per year
Equifax ₹23.4 Lakhs to ₹29.0 Lakhs per year
Kissht Finance ₹20.5 Lakhs to ₹30.0 Lakhs per year
Reserve Bank Information Technology ₹10.5 Lakhs to ₹27.0 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 Manager in companies similar to Edelweiss General Insurance Co. in Mumbai?
The salary of a Manager at companies similar to Edelweiss General Insurance Co. in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

InSync Analytics ₹6.2 Lakhs to ₹12.8 Lakhs per year
Anand Rathi Global Finance ₹5.2 Lakhs to ₹14.0 Lakhs per year
Dhani Services ₹3.8 Lakhs to ₹9.6 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 Manager at Edelweiss General Insurance Co. in Mumbai?
The salary growth for a Manager at Edelweiss General Insurance Co. in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Edelweiss General Insurance Co.:

Experience Average Salary Range
4 years ₹11.0 Lakhs to ₹14.0 Lakhs per year
5 years ₹10.9 Lakhs to ₹14.0 Lakhs per year
6 years ₹10.9 Lakhs to ₹13.9 Lakhs per year
7 years ₹10.9 Lakhs to ₹13.9 Lakhs per year
and so on.

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Edelweiss General Insurance Co. Manager salary in Mumbai ranges between ₹10.6 Lakhs to ₹16.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Edelweiss General Insurance Co. latest salaries received from various employees of Edelweiss General Insurance Co..