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Edelweiss Life Insurance Branch Manager salaries in New Delhi

Annual salary range
8 - 13 years exp.
₹6.5 Lakhs - ₹7.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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32% less than the average Branch Manager Salary in Insurance Companies for 8 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
8 - 13 years exp. (5 salaries)
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₹6.5 L/yr - ₹7.5 L/yr

Sales & Business Development
Branch Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹6.6 L/yr - ₹7.5 L/yr

Last Updated: 21 Sep 2024

Companies similar to Edelweiss Life Insurance for Branch Manager in New Delhi

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Edelweiss Life Insurance Branch Manager Salary

8 - 13 years exp. (8 salaries)

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₹6.5 L/yr - ₹7.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹8.3 L/yr

arrow icon 4% more
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₹8 L/yr - ₹13.8 L/yr

arrow icon 41% more
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₹7 L/yr - ₹11.4 L/yr

arrow icon 36% more
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Bharti AXA Life Insurance Branch Manager Salary

10 - 12 years exp. (4 salaries)

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₹6 L/yr - ₹8.8 L/yr

arrow icon 15% more
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₹7.8 L/yr - ₹11 L/yr

arrow icon 13% more
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₹7.5 L/yr - ₹10 L/yr

arrow icon 24% more
1 job opening
Branch Manager salary at Edelweiss Life Insurance ranges between ₹6.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 8 latest salaries received from various employees of Edelweiss Life Insurance.

Latest annual salaries shared by Edelweiss Life Insurance Branch Manager in New Delhi

6mo ago
₹7 Lakhs
8 years exp.
7mo ago
₹7.5 Lakhs
12 years exp.
1y ago
₹7.5 Lakhs
11 years exp.
1y ago
₹7.5 Lakhs
12 years exp.

Experience wise Edelweiss Life Insurance Branch Manager salaries in New Delhi

Last Updated: 21 Sep 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.2 L/yr
12 years  (3 salaries)

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₹7 L/yr - ₹7.5 L/yr
View all

Similar Designation salaries in Edelweiss Life Insurance

Sales Manager Salary
(7 salaries)
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₹3 L/yr - ₹6 L/yr
Branch Head Salary
(5 salaries)
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₹7.4 L/yr - ₹13 L/yr
Area Manager Salary
(5 salaries)
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₹10 L/yr - ₹16 L/yr

Top skills at Edelweiss Life Insurance for Branch Manager

Life Insurance Branch Management Agency Sales Life Insurance Agency Channel Tied Channel Team Handling Senior Management Marking Field Sales Direct Sales Heading Branch Insurance Sales LI Providing Training

Salary related reviews for Edelweiss Life Insurance

3.0

Rated by 2 employees for salary & benefits

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

 · 

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

 · 

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.

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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
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Edelweiss Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Edelweiss Life Insurance in New Delhi?
The average salary of a Branch Manager at Edelweiss Life Insurance in New Delhi typically ranges from ₹6.5 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Branch Manager in New Delhi at Edelweiss Life Insurance earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Branch 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 8 Edelweiss Life Insurance employees in India.
What is the estimated take home salary of a Branch Manager at Edelweiss Life Insurance in New Delhi?
The estimated take-home salary of a Branch Manager at Edelweiss Life Insurance in New Delhi typically ranges from ₹53,152 to ₹54,475 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 8 years to 13 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 8 salaries received from various employees of Edelweiss Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Manager at Edelweiss Life Insurance in New Delhi?
To be a Branch Manager at Edelweiss Life Insurance in New Delhi, the key skills required include:

  • - Life Insurance
  • - Branch Management
  • - Agency Sales
  • - Life Insurance
  • - Agency Channel

These skills are highly valued at Edelweiss Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Edelweiss Life Insurance for Branch Manager in India?
Aviva Life Insurance India ₹8.0 Lakhs to ₹13.8 Lakhs per year
Aditya Birla Health Insurance Co ₹7.0 Lakhs to ₹11.4 Lakhs per year
ManipalCigna Health Insurance ₹7.5 Lakhs to ₹10.0 Lakhs per year
Bharti AXA Life Insurance ₹6.0 Lakhs to ₹8.8 Lakhs per year
Royal Sundaram General Insurance ₹7.8 Lakhs to ₹11.0 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 Branch Manager in companies similar to Edelweiss Life Insurance in New Delhi?
The salary of a Branch Manager at companies similar to Edelweiss Life Insurance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram General Insurance ₹5.0 Lakhs to ₹8.3 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 Branch Manager at Edelweiss Life Insurance in New Delhi?
The salary growth for a Branch Manager at Edelweiss Life Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Branch Manager in New Delhi can expect the following growth trajectory at Edelweiss Life Insurance:

Experience Average Salary Range
8 years ₹6.2 Lakhs to ₹8.0 Lakhs per year
9 years ₹6.3 Lakhs to ₹8.0 Lakhs per year
10 years ₹6.3 Lakhs to ₹8.1 Lakhs per year
11 years ₹6.4 Lakhs to ₹8.2 Lakhs per year
and so on.

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Edelweiss Life Insurance Branch Manager salary in New Delhi ranges between ₹6.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.