Edelweiss Tokio Life Insurance Area Manager Salaries by 10+ Employees (Updated 2024)

12 - 20 years exp.

₹10 Lakhs - ₹16.7 Lakhs

Salary of majority employees

50% more than the average Area Manager Salary in Insurance Companies for 12 - 20 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 12 - 17 years exp. (8 salaries)	₹10 L/yr - ₹15.2 L/yr
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BFSI, Investments & Trading Area Manager Salary 13 - 20 years exp. (7 salaries)	₹13 L/yr - ₹16.7 L/yr

Last Updated: 29 Jun 2024

Companies similar to Edelweiss Tokio Life Insurance for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (368 salaries)	₹5.8 L/yr - ₹13.1 L/yr 32% less
HDFC Life Area Manager Salary 5 - 18 years exp. (33 salaries)	₹5.4 L/yr - ₹16 L/yr 34% less
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SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (266 salaries)	₹5 L/yr - ₹14.2 L/yr 38% less
Max Life Insurance Area Manager Salary 5 - 17 years exp. (292 salaries)	₹4.2 L/yr - ₹14.1 L/yr 42% less	13 job openings
Bajaj Allianz Life Insurance Area Manager Salary 5 - 16 years exp. (200 salaries)	₹5 L/yr - ₹14 L/yr 35% less
Reliance Nippon Life Insurance Area Manager Salary 12 - 20 years exp. (85 salaries)	₹9 L/yr - ₹21.4 L/yr 1% less
Kotak Mahindara Life Insurance Area Manager Salary 7 - 18 years exp. (22 salaries)	₹5.2 L/yr - ₹19.2 L/yr 24% less
Tata AIA Life Insurance Area Manager Salary 6 - 20 years exp. (183 salaries)	₹5.5 L/yr - ₹17.5 L/yr 15% less	4 job openings
PNB MetLife Area Manager Salary 6 - 15 years exp. (22 salaries)	₹5.9 L/yr - ₹11.1 L/yr 38% less
Aditya Birla Sun Life Insurance Area Manager Salary 4 - 11 years exp. (123 salaries)	₹4.5 L/yr - ₹10 L/yr 52% less
Cholamandalam MS General Insurance Area Manager Salary 5 - 16 years exp. (116 salaries)	₹4.5 L/yr - ₹13.5 L/yr 38% less
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Star Union Dai-ichi Life Insurance Area Manager Salary 11 - 18 years exp. (66 salaries)	₹7 L/yr - ₹17.1 L/yr 12% less
Future Generali India Life Insurance Area Manager Salary 13 - 19 years exp. (40 salaries)	₹10.1 L/yr - ₹18.5 L/yr 10% more	3 job openings
Shriram Life Insurance Area Manager Salary 6 - 17 years exp. (43 salaries)	₹3.7 L/yr - ₹11 L/yr 54% less
Bharti AXA Life Insurance Area Manager Salary 7 - 19 years exp. (38 salaries)	₹6.1 L/yr - ₹16.5 L/yr 27% less
Aviva Life Insurance India Area Manager Salary 7 - 21 years exp. (40 salaries)	₹7 L/yr - ₹14 L/yr 19% less
Aditya Birla Health Insurance Co Area Manager Salary 7 - 18 years exp. (30 salaries)	₹5 L/yr - ₹16.5 L/yr 20% less
ManipalCigna Health Insurance Area Manager Salary 11 - 20 years exp. (27 salaries)	₹7.2 L/yr - ₹12.5 L/yr 28% less
Shriram General Insurance Area Manager Salary 12 - 20 years exp. (25 salaries)	₹8.3 L/yr - ₹15 L/yr 25% less
IndiaFirst Life Insurance Area Manager Salary 7 - 17 years exp. (8 salaries)	₹8 L/yr - ₹13 L/yr 27% less

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Area Manager salary at Edelweiss Tokio Life Insurance ranges between ₹10 Lakhs to ₹16.7 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 16 latest salaries received from various employees of Edelweiss Tokio Life Insurance.

Experience wise Edelweiss Tokio Life Insurance Area Manager salaries

Last Updated: 29 Jun 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹24.4 L/yr
13 years (AmbitionBox Estimate)	₹13 L/yr - ₹24.8 L/yr
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14 years (3 salaries)	₹5.6 L/yr - ₹16.7 L/yr
15+ years (11 salaries)	₹10 L/yr - ₹16.7 L/yr

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₹2.9 L/yr - ₹3.7 L/yr

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Territory Manager Salary

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Top skills at Edelweiss Tokio Life Insurance for Area Manager

Bancassurance

Salary related reviews for Edelweiss Tokio Life Insurance

3.0

Rated by 2 employees for salary & benefits

Territory Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 30 Dec 2022

5.0

for Salary and Benefits

Likes

On time salary. Friendly environment. Good office set up. Excellent customer service. Good ethics on all parameters.

Dislikes

No training and development on career point of views and work related training Updation

Housekeeping Supervisor in Chennai

Full Time

Food, Beverage & Hospitality Department

2.0

• posted on 11 Sep 2023

3.0

for Salary and Benefits

Likes

function time there provide foods for all staff's

Dislikes

salary is very low. there didn't increase. 4 years am working but my salary 8000 only. thats why i resign my job. qm waiting more than 4 month for my pension .still there didn't provide my pension amount and experience amount....

Branch Operation Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Aug 2023

2.0

for Salary and Benefits

Likes

...abt com. 1st Three hears was good, but after covid company behaving like weird. No hike No proposion No increment Branch counter guy sent for premium collection like recovery officer.

Dislikes

No balance in professional n personal. No time limit. Hr's are just show piese for other than sales recruitment. Only sales oriented company, which is good for company but not for employees.

Process Analyst (working remotely)

Full Time

Risk Management & Compliance Department

3.0

• posted on 05 Aug 2024

2.0

for Salary and Benefits

Likes

Job Security Learning Work Life Balance Super Boss is Friendly Decent Infrastructure Timely Payment of Salary Awards and Recognition People Friendly HR Fun activities Manager allows to take leave Saturday and Sunday off

Dislikes

Manager is strict No playing area Canteen is congested Loss Making company Growth is slow Limited Budget for innovations

Branch Operation Executive in Varanasi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 25 Jun 2020

3.0

for Salary and Benefits

Likes

There are supportive senior boss. In covid19 salary not break it's release every last day of month. All work perform work from home.

Dislikes

There are job role branch operations executive but still add some extra profile like calling to customer, collect renuwal like target based.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Edelweiss Tokio Life Insurance Area Manager Salary FAQs

What is the salary of Area Manager at Edelweiss Tokio Life Insurance?

Area Manager salary at Edelweiss Tokio Life Insurance in India ranges between ₹10.0 Lakhs to ₹16.7 Lakhs for experience between 12 years to 20 years. According to our estimates it is 50% more than the average Area Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Edelweiss Tokio Life Insurance India.

How does the salary of a Area Manager at Edelweiss Tokio Life Insurance India compare with the average salary range for this job?

The average salary of a Area Manager at Edelweiss Tokio Life Insurance is 50% more than the average salary of a Area Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at Edelweiss Tokio Life Insurance?

Bancassurance is a popular skill required to work as a Area Manager at Edelweiss Tokio Life Insurance.

Which similar companies are paying more than Edelweiss Tokio Life Insurance to a Area Manager in India?

Future Generali India Life Insurance Area Manager Salary - ₹10.1 Lakhs to ₹18.5 Lakhs per year

What is the salary of a Area Manager in companies similar to Edelweiss Tokio Life Insurance in India?

Ageas Federal Life Insurance Area Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Reliance Nippon Life Insurance Area Manager Salary - ₹9.0 Lakhs to ₹21.4 Lakhs per year
Star Union Dai-ichi Life Insurance Area Manager Salary - ₹7.0 Lakhs to ₹17.1 Lakhs per year
Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹17.5 Lakhs per year
Aviva Life Insurance India Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a Area Manager at Edelweiss Tokio Life Insurance in India?

The estimated take-home salary of a Area Manager at Edelweiss Tokio Life Insurance ranges between ₹98,680 per month to ₹1,01,359 per month in India. The take-home salary calculation is based on the average Edelweiss Tokio Life Insurance Area Manager salary in India which ranges between ₹10.0 Lakhs to ₹16.7 Lakhs per year for employees with experience between 12 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Edelweiss Tokio Life Insurance?

According to AmbitionBox, 67% of the Edelweiss Tokio Life Insurance Area Managers reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Edelweiss Tokio Life Insurance Area Manager Salaries

Edelweiss Tokio Life Insurance Area Manager salary in India ranges between ₹10 Lakhs to ₹16.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Edelweiss Tokio Life Insurance latest salaries received from various employees of Edelweiss Tokio Life Insurance.