Edelweiss Life Insurance Mumbai Assistant Manager Salaries by 50+ Employees

2 - 11 years exp.

₹4 Lakhs - ₹11.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% less than the average Assistant Manager Salary in Insurance Companies for 2 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 2 - 10 years exp. (12 salaries)	₹4 L/yr - ₹10.9 L/yr
Finance & Accounting Assistant Manager Salary 2 - 10 years exp. (9 salaries)	₹6.3 L/yr - ₹11.1 L/yr
Login to view exact salary
Customer Success, Service & Operations Assistant Manager Salary 6 - 9 years exp. (5 salaries)	₹5.6 L/yr - ₹9 L/yr
Data Science & Analytics Assistant Manager Salary 6 - 9 years exp. (4 salaries)	₹7.3 L/yr - ₹8.8 L/yr
Engineering - Software & QA Assistant Manager Salary 2 - 7 years exp. (4 salaries)	₹8.1 L/yr - ₹10 L/yr

View all

Last Updated: 1 Sep 2024

Companies similar to Edelweiss Life Insurance for Assistant Manager in Mumbai

Edelweiss Life Insurance Assistant Manager Salary

2 - 11 years exp. (50 salaries)

₹4 L/yr - ₹11.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (222 salaries)	₹3 L/yr - ₹9.5 L/yr 19% less
Medi Assist India Assistant Manager Salary 5 - 14 years exp. (85 salaries)	₹3.5 L/yr - ₹8 L/yr 10% less	2 job openings
Login to view exact salary
Future Generali India Life Insurance Assistant Manager Salary 1 - 16 years exp. (83 salaries)	₹4.1 L/yr - ₹12.5 L/yr 21% more
ManipalCigna Health Insurance Assistant Manager Salary 1 - 8 years exp. (74 salaries)	₹4.4 L/yr - ₹12.2 L/yr 12% more
Magma HDI General Insurance Assistant Manager Salary 1 - 13 years exp. (60 salaries)	₹4 L/yr - ₹8 L/yr 13% less
Ageas Federal Life Insurance Assistant Manager Salary 3 - 14 years exp. (57 salaries)	₹3.8 L/yr - ₹16.5 L/yr 32% more
Universal Sompo General Insurance Assistant Manager Salary 1 - 15 years exp. (51 salaries)	₹3.3 L/yr - ₹9 L/yr 6% less
IndiaFirst Life Insurance Assistant Manager Salary 4 - 11 years exp. (46 salaries)	₹4.2 L/yr - ₹9 L/yr 18% less
Aegon Life Insurance Assistant Manager Salary 4 - 15 years exp. (40 salaries)	₹3.5 L/yr - ₹9.3 L/yr 14% less
Paramount Health Services Tpa Assistant Manager Salary 3 - 9 years exp. (39 salaries)	₹1.7 L/yr - ₹6.2 L/yr 44% less
Bharti AXA Life Insurance Assistant Manager Salary 3 - 10 years exp. (32 salaries)	₹3.5 L/yr - ₹11.5 L/yr 17% more
Login to view exact salary
Marsh Assistant Manager Salary 0 - 6 years exp. (22 salaries)	₹6 L/yr - ₹19 L/yr 67% more
Birla Sun Life Mutual Fund Assistant Manager Salary 1 - 7 years exp. (14 salaries)	₹4 L/yr - ₹6.4 L/yr 22% less
Family Health Plan Assistant Manager Salary 5 - 10 years exp. (13 salaries)	₹3 L/yr - ₹4.9 L/yr 41% less
CignaTTk Health Insurance Assistant Manager Salary 0 - 8 years exp. (12 salaries)	₹4.8 L/yr - ₹9.3 L/yr 4% less
Royal Sundaram General Insurance Assistant Manager Salary 3 - 17 years exp. (5 salaries)	₹11 L/yr - ₹15.5 L/yr 76% 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.

Experience wise Edelweiss Life Insurance Assistant Manager salaries in Mumbai

Last Updated: 1 Sep 2024

Experience	Avg Annual Salary
2 years (7 salaries)	₹5 L/yr - ₹10 L/yr
3 years (4 salaries)	₹4.3 L/yr - ₹8.5 L/yr
Login to view exact salary
4 years (3 salaries)	₹4 L/yr - ₹11.1 L/yr
5 years (4 salaries)	₹5.8 L/yr - ₹10.4 L/yr
6 years (6 salaries)	₹5.2 L/yr - ₹10.4 L/yr
7 years (7 salaries)	₹4 L/yr - ₹8.1 L/yr
8 years (8 salaries)	₹4.5 L/yr - ₹11 L/yr
9 years (5 salaries)	₹5.8 L/yr - ₹8.3 L/yr
10 years (5 salaries)	₹4.7 L/yr - ₹9.6 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr

View all

From

Assistant Manager

2 - 11 years exp.

Manager

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

Relationship Manager Salary

(28 salaries)

₹2.75 L/yr - ₹5.5 L/yr

Branch Manager Salary

(3 salaries)

₹6.6 L/yr - ₹7 L/yr

Operations Manager Salary

(3 salaries)

₹5 L/yr - ₹7.01 L/yr

Salary related reviews for Edelweiss Life Insurance

2.5

Rated by 4 employees for salary & benefits

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

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

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.

Trainer in Gorakhpur

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.

Promotions - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

Got a question about Edelweiss Life Insurance?

Ask anonymously on communities.

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 ₹52,235 to ₹53,532 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	₹3.3 Lakhs to ₹9.0 Lakhs per year
Medi Assist India	₹3.5 Lakhs to ₹8.0 Lakhs per year
Magma HDI General Insurance	₹4.0 Lakhs to ₹8.0 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.

Home >
Salaries >
Edelweiss Life Insurance Salaries >
Edelweiss Life Insurance Assistant Manager Salaries >
Edelweiss Life Insurance Assistant Manager Salaries in Mumbai

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