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Edelweiss Life Insurance Cluster Head salaries in India

Annual salary range
9 - 28 years exp.
₹8 Lakhs - ₹20.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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7% more than the average Cluster Head Salary in Insurance Companies for 9 - 28 years of experience

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Salaries in different departments

Sales & Business Development
Cluster Head Salary
9 - 26 years exp. (8 salaries)
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₹8 L/yr - ₹18 L/yr

BFSI, Investments & Trading
Cluster Head Salary
12 - 17 years exp. (4 salaries)
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₹13.1 L/yr - ₹17 L/yr

Strategic & Top Management
Cluster Head Salary
25 - 28 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹20.5 L/yr

Last Updated: 12 Dec 2024

Companies similar to Edelweiss Life Insurance for Cluster Head

Company name Avg Annual Salary Open Jobs
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Bharti AXA Life Insurance Cluster Head Salary

12 - 22 years exp. (31 salaries)

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₹12.5 L/yr - ₹22 L/yr

arrow icon 24% more
1 job opening
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₹6 L/yr - ₹15.1 L/yr

arrow icon 34% less
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₹13.2 L/yr - ₹17.5 L/yr

arrow icon 6% less
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Medi Assist India Cluster Head Salary

4 - 8 years exp. (6 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 63% less
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Liberty General Insurance Cluster Head Salary

8 - 13 years exp. (6 salaries)

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₹6.2 L/yr - ₹7.5 L/yr

arrow icon 53% less
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₹14.5 L/yr - ₹17.5 L/yr

arrow icon 2% more
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Aviva Life Insurance India Cluster Head Salary

14 - 21 years exp. (4 salaries)

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₹17 L/yr - ₹19.4 L/yr

arrow icon 20% more
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₹4.1 L/yr - ₹19.5 L/yr

arrow icon 17% less
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₹5.9 L/yr - ₹16 L/yr

arrow icon 19% less
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₹5.8 L/yr - ₹10 L/yr

arrow icon 48% less
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Magma HDI General Insurance Cluster Head Salary

12 - 14 years exp. (3 salaries)

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₹8.3 L/yr - ₹11.7 L/yr

arrow icon 30% less
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₹8.6 L/yr - ₹13 L/yr

arrow icon 33% less
Cluster Head salary at Edelweiss Life Insurance ranges between ₹8 Lakhs to ₹20.5 Lakhs per year for employees with experience between 9 years to 28 years. Salary estimates are based on 15 latest salaries received from various employees of Edelweiss Life Insurance.

Latest annual salaries shared by Edelweiss Life Insurance Cluster Head

2mo ago
₹14 Lakhs
14 years exp.
4mo ago
₹14.2 Lakhs
22 years exp.
5mo ago
₹10 Lakhs
10 years exp.
6mo ago
₹14 Lakhs
22 years exp.
7mo ago
₹18 Lakhs
26 years exp.
1y ago
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17 years exp.
1y ago
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12 years exp.
1y ago
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9 years exp.
1y ago
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22 years exp.
1y ago
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25 years exp.

Experience wise Edelweiss Life Insurance Cluster Head salaries

Last Updated: 12 Dec 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹8 L/yr - ₹24 L/yr
10 years (AmbitionBox Estimate)

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₹10 L/yr - ₹24.4 L/yr
11 years (AmbitionBox Estimate)

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₹12.4 L/yr - ₹15.8 L/yr
12 years (AmbitionBox Estimate)

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₹13.1 L/yr - ₹25.1 L/yr
13 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹14.5 L/yr
View all

Similar Designation salaries in Edelweiss Life Insurance

Cluster Manager Salary
(28 salaries)
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₹6.6 L/yr - ₹13 L/yr
Team Lead Salary
(6 salaries)
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₹3 L/yr - ₹4 L/yr
Sales Officer Salary
(5 salaries)
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₹4 L/yr - ₹5 L/yr
Sales Manager Salary
(41 salaries)
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₹2.5 L/yr - ₹6 L/yr
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₹2 L/yr - ₹4 L/yr
Area Manager Salary
(16 salaries)
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₹10 L/yr - ₹16.7 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
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₹3 L/yr - ₹8.5 L/yr
Branch Manager Salary
(50 salaries)
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₹5.7 L/yr - ₹8.5 L/yr
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₹4.8 L/yr - ₹8.5 L/yr

Salary related reviews for Edelweiss Life Insurance

2.3

Rated by 5 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

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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.

read more

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
see more salary related reviews

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Edelweiss Life Insurance Cluster Head Salary FAQs

What is the salary of Cluster Head at Edelweiss Life Insurance ?
The average salary of a Cluster Head at Edelweiss Life Insurance in India typically ranges from ₹8.0 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 9 years to 28 years).

The top 10% of Cluster Head at Edelweiss Life Insurance earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹20.5 Lakhs per year. Cluster Head 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 10+ Edelweiss Life Insurance employees in India.
What is the estimated take home salary of a Cluster Head at Edelweiss Life Insurance in India?
The estimated take-home salary of a Cluster Head at Edelweiss Life Insurance in India typically ranges from ₹1,03,932 to ₹1,06,780 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 9 years to 28 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 10+ 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 Cluster Head in India?
Bharti AXA Life Insurance ₹12.5 Lakhs to ₹22.0 Lakhs per year
Aviva Life Insurance India ₹17.0 Lakhs to ₹19.4 Lakhs per year
Ageas Federal Life Insurance ₹14.5 Lakhs to ₹17.5 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 Cluster Head in companies similar to Edelweiss Life Insurance in India?
The salary of a Cluster Head at companies similar to Edelweiss Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Future Generali India Life Insurance ₹13.2 Lakhs to ₹17.5 Lakhs per year
Birla Sun Life Mutual Fund ₹4.1 Lakhs to ₹19.5 Lakhs per year
Royal Sundaram General Insurance ₹5.9 Lakhs to ₹16.0 Lakhs per year
Magma HDI General Insurance ₹8.3 Lakhs to ₹11.7 Lakhs per year
Universal Sompo General Insurance ₹8.6 Lakhs to ₹13.0 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 Cluster Head at Edelweiss Life Insurance in India?
The salary growth for a Cluster Head at Edelweiss Life Insurance depends on factors such as experience, performance, and promotions. On average, a Cluster Head can expect the following growth trajectory at Edelweiss Life Insurance:

Experience Average Salary Range
9 years ₹8.0 Lakhs to ₹24.0 Lakhs per year
10 years ₹10.0 Lakhs to ₹24.4 Lakhs per year
11 years ₹12.4 Lakhs to ₹15.8 Lakhs per year
12 years ₹13.1 Lakhs to ₹25.1 Lakhs per year
and so on.

Tell us how to improve this page.

Edelweiss Life Insurance Cluster Head salary in India ranges between ₹8 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.