Edelweiss Life Insurance Mumbai Associate Business Manager Salaries by 7 Employees

5 - 8 years exp.

₹4.4 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

59% less than the average Associate Business Manager Salary in Insurance Companies for 5 - 8 years of experience

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Salaries in different departments

Sales & Business Development Associate Business Manager Salary 5 - 7 years exp. (3 salaries)	₹5 L/yr - ₹5.7 L/yr
BFSI, Investments & Trading Associate Business Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.3 L/yr
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Marketing & Communication Associate Business Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to Edelweiss Life Insurance for Associate Business Manager in Mumbai

Edelweiss Life Insurance Associate Business Manager Salary

5 - 8 years exp. (7 salaries)

₹4.4 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Savex Technologies Associate Business Manager Salary 1 - 4 years exp. (12 salaries)	₹5.4 L/yr - ₹11 L/yr 34% more
Puretech Digital Associate Business Manager Salary 2 - 5 years exp. (11 salaries)	₹3.9 L/yr - ₹10 L/yr 31% more
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OnMobile Global Associate Business Manager Salary 8 - 13 years exp. (10 salaries)	₹9.5 L/yr - ₹15 L/yr 128% more
Tata AIA Life Insurance Associate Business Manager Salary 5 - 19 years exp. (5 salaries)	₹4 L/yr - ₹8.8 L/yr 22% more
Meesho Associate Business Manager Salary 3 - 4 years exp. (4 salaries)	₹19 L/yr - ₹21 L/yr 277% more	6 job openings

Associate Business Manager salary at Edelweiss Life Insurance ranges between ₹4.4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Associate Business Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (3 salaries)	₹4.3 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
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7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr

Similar Designation salaries in Edelweiss Life Insurance

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Salary related reviews for Edelweiss Life Insurance

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

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• posted on 24 Aug 2023

2.0

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...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

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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?

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Edelweiss Life Insurance Associate Business Manager Salary FAQs

What is the salary of Associate Business Manager at Edelweiss Life Insurance in Mumbai?

The average salary of a Associate Business Manager at Edelweiss Life Insurance in Mumbai typically ranges from ₹4.4 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Associate Business Manager in Mumbai at Edelweiss Life Insurance earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Associate Business 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 7 Edelweiss Life Insurance employees in India.

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

The estimated take-home salary of a Associate Business Manager at Edelweiss Life Insurance in Mumbai typically ranges from ₹38,848 to ₹40,030 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 5 years to 8 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 7 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 Associate Business Manager in India?

Meesho	₹19.0 Lakhs to ₹21.0 Lakhs per year
OnMobile Global	₹9.5 Lakhs to ₹15.0 Lakhs per year
Savex Technologies	₹5.4 Lakhs to ₹11.0 Lakhs per year
Puretech Digital	₹3.9 Lakhs to ₹10.0 Lakhs per year
Tata AIA Life Insurance	₹4.0 Lakhs to ₹8.8 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.

How the salary growth look like for a Associate Business Manager at Edelweiss Life Insurance in Mumbai?

The salary growth for a Associate Business Manager at Edelweiss Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Business Manager in Mumbai can expect the following growth trajectory at Edelweiss Life Insurance:

Experience	Average Salary Range
5 years	₹4.3 Lakhs to ₹9.3 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
7 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
8 years	₹4.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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Edelweiss Life Insurance Associate Business Manager Salaries in Mumbai

Edelweiss Life Insurance Associate Business Manager salary in Mumbai ranges between ₹4.4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.