Edelweiss Life Insurance Mumbai Area Manager Salaries by 4 Employees (Updated 2025)

12 - 16 years exp.

₹13.5 Lakhs - ₹15.2 Lakhs

Salary of majority employees

38% more than the average Area Manager Salary in Insurance Companies for 12 - 16 years of experience

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Last Updated: 24 May 2024

Companies similar to Edelweiss Life Insurance for Area Manager in Mumbai

Edelweiss Life Insurance Area Manager Salary

12 - 16 years exp. (4 salaries)

₹13.5 L/yr - ₹15.2 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (48 salaries)	₹7 L/yr - ₹12 L/yr 31% less	22 job openings
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (16 salaries)	₹7.5 L/yr - ₹14.2 L/yr 29% less
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Axis Max Life Insurance Area Manager Salary 7 - 15 years exp. (28 salaries)	₹5 L/yr - ₹13.1 L/yr 40% less	1 job opening
Bajaj Allianz Life Insurance Area Manager Salary 7 - 13 years exp. (11 salaries)	₹5 L/yr - ₹13 L/yr 33% less
Reliance Nippon Life Insurance Area Manager Salary 13 - 17 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 3% less
Tata AIA Life Insurance Area Manager Salary 6 - 16 years exp. (20 salaries)	₹6 L/yr - ₹17.7 L/yr 21% less	7 job openings
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (30 salaries)	₹5.3 L/yr - ₹9 L/yr 51% less
Aviva Life Insurance India Area Manager Salary 7 - 20 years exp. (6 salaries)	₹9 L/yr - ₹12 L/yr 25% less
Future Generali India Life Insurance Area Manager Salary 13 - 18 years exp. (5 salaries)	₹15.5 L/yr - ₹16.8 L/yr 13% more	2 job openings
Cholamandalam MS General Insurance Area Manager Salary 9 - 15 years exp. (4 salaries)	₹8.3 L/yr - ₹12 L/yr 34% less
Bharti AXA Life Insurance Area Manager Salary 9 - 17 years exp. (4 salaries)	₹8 L/yr - ₹15 L/yr 22% less
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Aditya Birla Health Insurance Co Area Manager Salary 10 - 13 years exp. (3 salaries)	₹8.8 L/yr - ₹13.5 L/yr 29% less

Area Manager salary at Edelweiss Life Insurance ranges between ₹13.5 Lakhs to ₹15.2 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Area Manager salaries in Mumbai

Last Updated: 24 May 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹24.8 L/yr
13 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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14 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹14.5 L/yr
15+ years (AmbitionBox Estimate)	₹6 L/yr - ₹15.2 L/yr

Similar Designation salaries in Edelweiss Life Insurance

Territory Manager Salary

(7 salaries)

₹6 L/yr - ₹7.5 L/yr

Branch Manager Salary

(7 salaries)

₹6.25 L/yr - ₹7.5 L/yr

Cluster Manager Salary

(4 salaries)

₹8.8 L/yr - ₹12.5 L/yr

Marketing Manager Salary

(4 salaries)

₹14 L/yr - ₹20 L/yr

Sales Manager Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Business Manager Salary

(3 salaries)

₹4.5 L/yr - ₹7.7 L/yr

Regional Manager Salary

(3 salaries)

₹9 L/yr - ₹30 L/yr

Top skills at Edelweiss Life Insurance for Area Manager

Bancassurance

Salary related reviews for Edelweiss Life Insurance

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.

Salary - Excellent

+5 more

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

Skill development - Good

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....

Job security - Bad

+2 more

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.

Skill development - Good

+1 more

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.

Salary - Poor

+3 more

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

Skill development - Excellent

+2 more

Dislikes

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

Salary - Poor

+3 more

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.

Promotions - Good

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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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Edelweiss Life Insurance Area Manager Salary FAQs

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

Area Manager salary at Edelweiss Life Insurance in Mumbai ranges between ₹13.5 Lakhs to ₹15.2 Lakhs for experience between 12 years to 16 years. According to our estimates it is 38% more than the average Area Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Life Insurance Mumbai.

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

The average salary of a Area Manager at Edelweiss Life Insurance is 38% more than the average salary of a Area Manager in Mumbai. To know exact salary insights, login to view.

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

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

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

Future Generali India Life Insurance Area Manager Salary - ₹15.5 Lakhs to ₹16.8 Lakhs per year

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

Reliance Nippon Life Insurance Area Manager Salary - ₹13.0 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance Area Manager Salary - ₹6.0 Lakhs to ₹17.7 Lakhs per year
Bharti AXA Life Insurance Area Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
Aviva Life Insurance India Area Manager Salary - ₹9.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Health Insurance Co Area Manager Salary - ₹8.8 Lakhs to ₹13.5 Lakhs per year

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

The estimated take-home salary of a Area Manager at Edelweiss Life Insurance ranges between ₹99,952 per month to ₹1,02,672 per month in Mumbai. The take-home salary calculation is based on the average Edelweiss Life Insurance Area Manager salary in India which ranges between ₹13.5 Lakhs to ₹15.2 Lakhs per year for employees with experience between 12 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Edelweiss Life Insurance Area Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Edelweiss Life Insurance Area Manager Salaries in Mumbai

Edelweiss Life Insurance Area Manager salary in Mumbai ranges between ₹13.5 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.