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On time salary. Friendly environment. Good office set up. Excellent customer service. Good ethics on all parameters.
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Annual salary range
7 - 15 years exp.
₹6.3
Lakhs - ₹7.5
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary37% less than the average Branch Manager Salary in Insurance Companies for 7 - 15 years of experience
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Salaries in different departments
Sales & Business Development
Branch Manager Salary
7 - 10
years
exp.
(3
salaries)
|  ₹6.3 L/yr - ₹7.1 L/yr |
BFSI, Investments & Trading
Branch Manager Salary
15
years
exp.
(AmbitionBox Estimate)
| ₹6.3 L/yr - ₹7 L/yr |
Login to view exact salary
| |
Marketing & Communication
Branch Manager Salary
10
years
exp.
(AmbitionBox Estimate)
| ₹6.4 L/yr - ₹7 L/yr |
Companies similar to Edelweiss Tokio Life Insurance for Branch Manager in Mumbai
Edelweiss Tokio Life Insurance
Branch Manager Salary
7 - 15 years exp. (7 salaries) |  ₹6.3 L/yr - ₹7.5 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Branch Manager Salary
7 - 17 years exp. (36 salaries) | ₹9.8 L/yr - ₹18 L/yr 
94%
more | |
 HDFC Life Branch Manager Salary
8 - 16 years exp. (29 salaries) | ₹5.5 L/yr - ₹12.5 L/yr
34%
more | |
Login to view exact salary
| ||
 SBI Life Insurance Company Branch Manager Salary
7 - 20 years exp. (8 salaries) | ₹8 L/yr - ₹11.2 L/yr
55%
more | |
 Max Life Insurance Branch Manager Salary
9 - 16 years exp. (11 salaries) | ₹7.3 L/yr - ₹12 L/yr
53%
more | 3 job openings |
 Bajaj Allianz Life Insurance Branch Manager Salary
7 - 15 years exp. (15 salaries) | ₹5.1 L/yr - ₹12 L/yr
10%
more | |
 Kotak Mahindara Life Insurance Branch Manager Salary
3 - 18 years exp. (19 salaries) | ₹6 L/yr - ₹11 L/yr
35%
more | |
 Tata AIA Life Insurance Branch Manager Salary
10 - 19 years exp. (14 salaries) | ₹8.2 L/yr - ₹15.5 L/yr
73%
more | 17 job openings |
 PNB MetLife Branch Manager Salary
12 - 18 years exp. (3 salaries) | ₹10 L/yr - ₹12.5 L/yr
67%
more | |
 Aditya Birla Sun Life Insurance Branch Manager Salary
5 - 8 years exp. (3 salaries) | ₹7 L/yr - ₹9.1 L/yr
26%
more | |
 Cholamandalam MS General Insurance Branch Manager Salary
4 - 15 years exp. (13 salaries) | ₹3.5 L/yr - ₹7.5 L/yr 
16%
less | |
 Future Generali India Life Insurance Branch Manager Salary
7 - 18 years exp. (8 salaries) | ₹6.4 L/yr - ₹12.2 L/yr
36%
more | 1 job opening |
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| ||
 Bharti AXA Life Insurance Branch Manager Salary
12 - 15 years exp. (6 salaries) | ₹6.2 L/yr - ₹9.9 L/yr
26%
more | |
 Aditya Birla Health Insurance Co Branch Manager Salary
11 - 15 years exp. (5 salaries) | ₹6.5 L/yr - ₹9.7 L/yr
32%
more | |
 ManipalCigna Health Insurance Branch Manager Salary
8 - 11 years exp. (4 salaries) | ₹5.4 L/yr - ₹8.8 L/yr
7%
more | |
 Universal Sompo General Insurance Branch Manager Salary
10 - 15 years exp. (4 salaries) | ₹11.8 L/yr - ₹14.2 L/yr
98%
more | |
Branch Manager salary at Edelweiss Tokio Life Insurance ranges between ₹6.3
Lakhs
to ₹7.5
Lakhs
per year for employees with experience between 7 years to 15 years. Salary
estimates are based on
7 latest salaries received
from various employees of Edelweiss Tokio Life Insurance.
Latest annual salaries shared by Edelweiss Tokio Life Insurance Branch Manager in Mumbai
1y ago
15
years
exp.
1y ago
9
years
exp.
1y ago
10
years
exp.
1y ago
10
years
exp.
1y ago
15
years
exp.
1y ago
7
years
exp.
Experience wise Edelweiss Tokio Life Insurance Branch Manager salaries in Mumbai
Last Updated: 4 Oct 2023
| Experience | Avg Annual Salary |
|---|---|
| 7 years (AmbitionBox Estimate) |
₹6.3
L/yr
- ₹11.9
L/yr
|
| 8 years (AmbitionBox Estimate) |
₹6
L/yr
- ₹7.6
L/yr
|
Login to view exact salary
| |
| 9 years (AmbitionBox Estimate) |
₹6.6
L/yr
- ₹7
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹6.6
L/yr
- ₹7
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹6.1
L/yr
- ₹7.8
L/yr
|
View all
Similar Designation salaries in Edelweiss Tokio Life Insurance
Top skills at Edelweiss Tokio Life Insurance for Branch Manager
Life Insurance
Branch Management
Agency Sales
Agency Channel
Tied Channel
Team Handling
Senior Management
Marking
Direct Sales
Heading Branch
LI
Providing Training
Advance Licence
Salary related reviews for Edelweiss Tokio Life Insurance
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w
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 Branch Manager Salary FAQs
What is the salary of Branch Manager at Edelweiss Tokio Life Insurance Mumbai?
Branch Manager salary at Edelweiss Tokio Life Insurance in Mumbai ranges between ₹6.3 Lakhs to ₹7.5 Lakhs for experience between 7 years to 15 years. According to our estimates it is 37% less than the average Branch Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Edelweiss Tokio Life Insurance Mumbai.
How does the salary of a Branch Manager at Edelweiss Tokio Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Branch Manager at Edelweiss Tokio Life Insurance is 37% less than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at Edelweiss Tokio Life Insurance?
Life Insurance, Branch Management, Agency Sales, Agency Channel and Tied Channel are some of the popular skills required to work as a Branch Manager at Edelweiss Tokio Life Insurance Mumbai.
Which similar companies are paying more than Edelweiss Tokio Life Insurance to a Branch Manager in Mumbai?
- Universal Sompo General Insurance Branch Manager Salary - ₹11.8 Lakhs to ₹14.2 Lakhs per year
- ICICI Prudential Life Insurance Branch Manager Salary - ₹9.8 Lakhs to ₹18.0 Lakhs per year
- Tata AIA Life Insurance Branch Manager Salary - ₹8.2 Lakhs to ₹15.5 Lakhs per year
- PNB MetLife Branch Manager Salary - ₹10.0 Lakhs to ₹12.5 Lakhs per year
- SBI Life Insurance Company Branch Manager Salary - ₹8.0 Lakhs to ₹11.2 Lakhs per year
What is the salary of a Branch Manager in companies similar to Edelweiss Tokio Life Insurance in Mumbai?
- Max Life Insurance Branch Manager Salary - ₹7.3 Lakhs to ₹12.0 Lakhs per year
- Future Generali India Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹12.2 Lakhs per year
- Kotak Mahindara Life Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
- HDFC Life Branch Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year
- Aditya Birla Health Insurance Co Branch Manager Salary - ₹6.5 Lakhs to ₹9.7 Lakhs per year
What is the estimated take home salary of a Branch Manager at Edelweiss Tokio Life Insurance in Mumbai?
The estimated take-home salary of a Branch Manager at Edelweiss Tokio Life Insurance ranges between ₹52,136 per month to ₹53,365 per month in Mumbai. The take-home salary calculation is based on the average Edelweiss Tokio Life Insurance Branch Manager salary in India which ranges between ₹6.3 Lakhs to ₹7.5 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Edelweiss Tokio Life Insurance in Mumbai?
According to AmbitionBox, 100% of the Edelweiss Tokio Life Insurance Branch Managers in Mumbai reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.
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- Edelweiss Tokio Life Insurance Branch Manager Salaries in Mumbai
Edelweiss Tokio Life Insurance Branch Manager salary
in
Mumbai
ranges between ₹6.3
Lakhs to ₹7.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
7
Edelweiss Tokio Life Insurance latest salaries received from various employees of
Edelweiss Tokio Life Insurance.