Edelweiss Life Insurance Cluster Business Manager Salaries by Employees (Updated 2025)

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₹8.1 Lakhs - ₹10.4 Lakhs

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Last Updated: 7 Mar 2025

Companies similar to Edelweiss Life Insurance for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
Canara HSBC Life Insurance Cluster Business Manager Salary 5 - 16 years exp. (242 salaries)	₹4.5 L/yr - ₹13 L/yr 13% less
AU Small Finance Bank Cluster Business Manager Salary 10 - 20 years exp. (87 salaries)	₹6.8 L/yr - ₹27.5 L/yr 69% more
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Mahindra Logistics Cluster Business Manager Salary 5 - 16 years exp. (52 salaries)	₹6.2 L/yr - ₹19.8 L/yr 40% more
Axis Bank Cluster Business Manager Salary 3 - 12 years exp. (42 salaries)	₹4.4 L/yr - ₹11 L/yr 10% less
Mahindra & Mahindra Cluster Business Manager Salary 12 - 19 years exp. (29 salaries)	₹13.9 L/yr - ₹26.5 L/yr 105% more

Cluster Business Manager salary at Edelweiss Life Insurance ranges between ₹8.1 Lakhs to ₹10.4 Lakhs per year for employees with 15+ years of experience. Salary estimates are based on 1 latest salaries received from various employees of Edelweiss Life Insurance.

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Salary related reviews for Edelweiss Life Insurance

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

Agency Development Manager in Hajratganj Lucknow

BFSI, Investments & Trading Department

3.0

• posted on 29 Apr 2021

2.0

for Salary and Benefits

Likes

This is an organic agency, good and healthy atmosphere for working.products are too good comparison of other companies.

Skill development - Good

Dislikes

...channel finencial growth of employees are not well being comperision with other.and apart from the salary there are no other benefits Ike transportation and other benefits.

Salary - Poor

+2 more

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

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.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Edelweiss Life Insurance Cluster Business Manager Salary FAQs

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

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

Experience	Average Salary Range
15 years	₹8.1 Lakhs to ₹10.3 Lakhs per year

and so on.

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Edelweiss Life Insurance Cluster Business Manager Salaries

Edelweiss Life Insurance Cluster Business Manager salary in India ranges between ₹8.1 Lakhs to ₹10.4 Lakhs. This is an estimate based on latest salaries received from employees of Edelweiss Life Insurance.