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Edelweiss Life Insurance Assistant Manager salaries in Mumbai

Annual salary range
2 - 11 years exp.
₹4 Lakhs - ₹11.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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13% less than the average Assistant Manager Salary in Insurance Companies for 2 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
2 - 10 years exp. (12 salaries)
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₹4 L/yr - ₹11 L/yr

Finance & Accounting
Assistant Manager Salary
2 - 10 years exp. (9 salaries)
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₹6.3 L/yr - ₹11.1 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
6 - 9 years exp. (5 salaries)
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₹5.6 L/yr - ₹9 L/yr

Data Science & Analytics
Assistant Manager Salary
6 - 9 years exp. (4 salaries)
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₹7.3 L/yr - ₹8.8 L/yr

Engineering - Software & QA
Assistant Manager Salary
2 - 7 years exp. (4 salaries)
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₹8.1 L/yr - ₹10 L/yr

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Last Updated: 1 Sep 2024

Companies similar to Edelweiss Life Insurance for Assistant Manager in Mumbai

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Edelweiss Life Insurance Assistant Manager Salary

2 - 11 years exp. (50 salaries)

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₹4 L/yr - ₹11.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹9.5 L/yr

arrow icon 21% less
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Medi Assist India Assistant Manager Salary

5 - 14 years exp. (88 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 13% less
2 job openings
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₹4.1 L/yr - ₹12.5 L/yr

arrow icon 17% more
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₹4.4 L/yr - ₹12.2 L/yr

arrow icon 8% more
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₹4 L/yr - ₹8 L/yr

arrow icon 16% less
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₹3.8 L/yr - ₹16.5 L/yr

arrow icon 27% more
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₹4.5 L/yr - ₹9 L/yr

arrow icon 8% less
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₹4.2 L/yr - ₹9 L/yr

arrow icon 16% less
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₹1.7 L/yr - ₹6.2 L/yr

arrow icon 46% less
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Aegon Life Insurance Assistant Manager Salary

4 - 15 years exp. (40 salaries)

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₹3.5 L/yr - ₹9.3 L/yr

arrow icon 17% less
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₹3.5 L/yr - ₹11.5 L/yr

arrow icon 13% more
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Marsh Assistant Manager Salary

0 - 6 years exp. (22 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 61% more
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₹4 L/yr - ₹6.4 L/yr

arrow icon 25% less
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Family Health Plan Assistant Manager Salary

5 - 10 years exp. (13 salaries)

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₹3 L/yr - ₹4.9 L/yr

arrow icon 43% less
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₹4.8 L/yr - ₹9.3 L/yr

arrow icon 8% less
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₹11 L/yr - ₹15.5 L/yr

arrow icon 70% more
Assistant Manager salary at Edelweiss Life Insurance ranges between ₹4 Lakhs to ₹11.1 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 50 latest salaries received from various employees of Edelweiss Life Insurance.

Latest annual salaries shared by Edelweiss Life Insurance Assistant Manager in Mumbai

7mo ago
₹5 Lakhs
2 years exp.
8mo ago
₹8.3 Lakhs
9 years exp.
9mo ago
₹6.2 Lakhs
7 years exp.
9mo ago
₹7.3 Lakhs
9 years exp.
1y ago
₹7.3 Lakhs
8 years exp.
1y ago
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9 years exp.
1y ago
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8 years exp.

Experience wise Edelweiss Life Insurance Assistant Manager salaries in Mumbai

Last Updated: 1 Sep 2024

Experience Avg Annual Salary
2 years  (7 salaries)

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₹5 L/yr - ₹10 L/yr
3 years  (4 salaries)

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₹4.3 L/yr - ₹8.5 L/yr
4 years  (3 salaries)

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₹4 L/yr - ₹11.1 L/yr
5 years  (4 salaries)

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₹5.8 L/yr - ₹10.4 L/yr
6 years  (6 salaries)

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₹5.2 L/yr - ₹10.4 L/yr
View all
Edelweiss Life Insurance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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2 - 11 years exp.

Manager

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5 - 12 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Edelweiss Life Insurance

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₹2.75 L/yr - ₹5.5 L/yr
Branch Manager Salary
(3 salaries)
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₹6.6 L/yr - ₹7 L/yr
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₹5 L/yr - ₹7.01 L/yr

Salary related reviews for Edelweiss Life Insurance

2.5

Rated by 4 employees for salary & benefits

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....

read more
  • Job security - Bad
  • +2 more

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.

read more
  • 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.

read more
  • Salary - Poor
  • +3 more

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

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.

read more
  • 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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 28 Apr 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Company policies are good, appraisala are fair and they give good .

  • Skill development - Excellent
  • +2 more

Dislikes

Salary is decent but career growth is slow There is a bond of 2years before which you cannot resign.

read more
  • Promotions - Poor
see more salary related reviews

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Edelweiss Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Edelweiss Life Insurance in Mumbai?
The average salary of a Assistant Manager at Edelweiss Life Insurance in Mumbai typically ranges from ₹4.0 Lakhs to ₹11.1 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Assistant Manager in Mumbai at Edelweiss Life Insurance earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹11.1 Lakhs per year. Assistant Manager Salaries at Edelweiss Life Insurance 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 50+ Edelweiss Life Insurance employees in India.
What is the estimated take home salary of a Assistant Manager at Edelweiss Life Insurance in Mumbai?
The estimated take-home salary of a Assistant Manager at Edelweiss Life Insurance in Mumbai typically ranges from ₹53,862 to ₹55,205 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹11.1 Lakhs per year for employees with experience ranging from 2 years to 11 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 50+ salaries received from various employees of Edelweiss Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Edelweiss Life Insurance for Assistant Manager in India?
Royal Sundaram General Insurance ₹11.0 Lakhs to ₹15.5 Lakhs per year
Marsh ₹6.0 Lakhs to ₹19.0 Lakhs per year
Ageas Federal Life Insurance ₹3.8 Lakhs to ₹16.5 Lakhs per year
Future Generali India Life Insurance ₹4.1 Lakhs to ₹12.5 Lakhs per year
Bharti AXA Life Insurance ₹3.5 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Edelweiss Life Insurance, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to Edelweiss Life Insurance in Mumbai?
The salary of a Assistant Manager at companies similar to Edelweiss Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ManipalCigna Health Insurance ₹4.4 Lakhs to ₹12.2 Lakhs per year
CignaTTk Health Insurance ₹4.8 Lakhs to ₹9.3 Lakhs per year
Universal Sompo General Insurance ₹4.5 Lakhs to ₹9.0 Lakhs per year
Medi Assist India ₹3.5 Lakhs to ₹8.0 Lakhs per year
IndiaFirst Life Insurance ₹4.2 Lakhs to ₹9.0 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 Assistant Manager at Edelweiss Life Insurance in Mumbai?
The salary growth for a Assistant Manager at Edelweiss Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Edelweiss Life Insurance:

Experience Average Salary Range
2 years ₹5.0 Lakhs to ₹10.0 Lakhs per year
3 years ₹4.3 Lakhs to ₹8.5 Lakhs per year
4 years ₹4.0 Lakhs to ₹11.1 Lakhs per year
5 years ₹5.8 Lakhs to ₹10.4 Lakhs per year
and so on.

Tell us how to improve this page.

Edelweiss Life Insurance Assistant Manager salary in Mumbai ranges between ₹4 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 50 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.