Edelweiss Life Insurance Mumbai Manager Salaries by 60+ Employees (Updated 2025)

5 - 12 years exp.

₹4.9 Lakhs - ₹15.2 Lakhs

Salary of majority employees

48% less than the average Manager Salary in Insurance Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 5 - 12 years exp. (22 salaries)	₹5.5 L/yr - ₹11.4 L/yr
Customer Success, Service & Operations Manager Salary 5 - 11 years exp. (11 salaries)	₹4.9 L/yr - ₹13 L/yr
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Finance & Accounting Manager Salary 5 - 12 years exp. (8 salaries)	₹7.2 L/yr - ₹14 L/yr
Risk Management & Compliance Manager Salary 5 - 9 years exp. (4 salaries)	₹7.1 L/yr - ₹9.5 L/yr
Data Science & Analytics Manager Salary 8 - 11 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹15 L/yr

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Last Updated: 28 Feb 2025

Companies similar to Edelweiss Life Insurance for Manager in Mumbai

Edelweiss Life Insurance Manager Salary

5 - 12 years exp. (64 salaries)

₹4.9 L/yr - ₹15.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 2 - 16 years exp. (286 salaries)	₹6 L/yr - ₹16 L/yr 13% more
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (181 salaries)	₹3.4 L/yr - ₹13.9 L/yr 4% less
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SBI Life Insurance Company Manager Salary 3 - 20 years exp. (160 salaries)	₹5.5 L/yr - ₹18 L/yr 38% more
Max Life Insurance Manager Salary 5 - 16 years exp. (17 salaries)	₹4 L/yr - ₹15 L/yr At par	6 job openings
Tata AIA Life Insurance Manager Salary 4 - 18 years exp. (165 salaries)	₹6.7 L/yr - ₹28 L/yr 87% more	7 job openings
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (242 salaries)	₹2.4 L/yr - ₹8.5 L/yr 36% less
Aditya Birla Health Insurance Co Manager Salary 1 - 12 years exp. (137 salaries)	₹4.7 L/yr - ₹17 L/yr 21% more
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (107 salaries)	₹5 L/yr - ₹18 L/yr 30% more
Future Generali India Life Insurance Manager Salary 4 - 18 years exp. (73 salaries)	₹7 L/yr - ₹22.3 L/yr 68% more	2 job openings
Bharti AXA Life Insurance Manager Salary 3 - 16 years exp. (67 salaries)	₹6.5 L/yr - ₹17.4 L/yr 46% more
Reliance Nippon Life Insurance Manager Salary 2 - 18 years exp. (60 salaries)	₹3.2 L/yr - ₹11.5 L/yr 22% less
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IndiaFirst Life Insurance Manager Salary 1 - 13 years exp. (48 salaries)	₹6 L/yr - ₹22.2 L/yr 49% more
Bajaj Allianz Life Insurance Manager Salary 3 - 17 years exp. (38 salaries)	₹8.5 L/yr - ₹24.1 L/yr 58% more
PNB MetLife Manager Salary 6 - 17 years exp. (37 salaries)	₹4.8 L/yr - ₹15.5 L/yr 35% more	2 job openings
ManipalCigna Health Insurance Manager Salary 5 - 18 years exp. (35 salaries)	₹8 L/yr - ₹18.5 L/yr 60% more
Medi Assist India Manager Salary 7 - 16 years exp. (28 salaries)	₹4 L/yr - ₹11.5 L/yr 5% more	3 job openings
Paramount Health Services Tpa Manager Salary 6 - 13 years exp. (27 salaries)	₹3.1 L/yr - ₹9.2 L/yr 29% less
Ageas Federal Life Insurance Manager Salary 4 - 17 years exp. (23 salaries)	₹9.5 L/yr - ₹21.9 L/yr 87% more
Universal Sompo General Insurance Manager Salary 5 - 16 years exp. (18 salaries)	₹9.4 L/yr - ₹16.8 L/yr 36% more
Cholamandalam MS General Insurance Manager Salary 3 - 11 years exp. (11 salaries)	₹5.5 L/yr - ₹8.9 L/yr 5% less

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Manager salary at Edelweiss Life Insurance ranges between ₹4.9 Lakhs to ₹15.2 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 64 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Manager salaries in Mumbai

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
5 years (5 salaries)	₹5.5 L/yr - ₹14 L/yr
6 years (4 salaries)	₹5.5 L/yr - ₹10.2 L/yr
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7 years (11 salaries)	₹6 L/yr - ₹14 L/yr
8 years (14 salaries)	₹5 L/yr - ₹14 L/yr
9 years (8 salaries)	₹6.3 L/yr - ₹11.4 L/yr
10 years (9 salaries)	₹4.8 L/yr - ₹11.5 L/yr
11 years (5 salaries)	₹7 L/yr - ₹15 L/yr
12 years (8 salaries)	₹6 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Edelweiss Life Insurance

Senior Associate Salary

(4 salaries)

₹4 L/yr - ₹6.65 L/yr

Salary related reviews for Edelweiss Life Insurance

2.7

Rated by 10 employees for salary & benefits

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

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

Process Analyst (working remotely)

Full Time

Risk Management & Compliance Department

3.0

• posted on 05 Aug 2024

2.0

for Salary and Benefits

Likes

Job Security Learning Work Life Balance Super Boss is Friendly Decent Infrastructure Timely Payment of Salary Awards and Recognition People Friendly HR Fun activities Manager allows to take leave Saturday and Sunday off

Skill development - Excellent

+2 more

Dislikes

Manager is strict No playing area Canteen is congested Loss Making company Growth is slow Limited Budget for innovations

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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Edelweiss Life Insurance Manager Salary FAQs

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

Manager salary at Edelweiss Life Insurance in Mumbai ranges between ₹4.9 Lakhs to ₹15.2 Lakhs for experience between 5 years to 12 years. According to our estimates it is 48% less than the average Manager Salary in India. Salary estimates are based on 64 latest salaries received from various employees of Edelweiss Life Insurance Mumbai.

How does the salary of a Manager at Edelweiss Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Manager at Edelweiss Life Insurance is 48% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Edelweiss Life Insurance to a Manager in Mumbai?

Tata AIA Life Insurance Manager Salary - ₹6.7 Lakhs to ₹28.0 Lakhs per year
Ageas Federal Life Insurance Manager Salary - ₹9.5 Lakhs to ₹21.9 Lakhs per year
Future Generali India Life Insurance Manager Salary - ₹7.0 Lakhs to ₹22.3 Lakhs per year
ManipalCigna Health Insurance Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
Bajaj Allianz Life Insurance Manager Salary - ₹8.5 Lakhs to ₹24.1 Lakhs per year

What is the salary of a Manager in companies similar to Edelweiss Life Insurance in Mumbai?

IndiaFirst Life Insurance Manager Salary - ₹6.0 Lakhs to ₹22.2 Lakhs per year
Bharti AXA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹17.4 Lakhs per year
SBI Life Insurance Company Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year
Universal Sompo General Insurance Manager Salary - ₹9.4 Lakhs to ₹16.8 Lakhs per year
PNB MetLife Manager Salary - ₹4.8 Lakhs to ₹15.5 Lakhs per year

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

The estimated take-home salary of a Manager at Edelweiss Life Insurance ranges between ₹62,657 per month to ₹64,249 per month in Mumbai. The take-home salary calculation is based on the average Edelweiss Life Insurance Manager salary in India which ranges between ₹4.9 Lakhs to ₹15.2 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Manager at Edelweiss Life Insurance in Mumbai?

According to AmbitionBox, 87% of the Edelweiss Life Insurance Managers in Mumbai reported a notice period of 3 Months, 7% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 52 responses on AmbitionBox in last 2 years.

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Edelweiss Life Insurance Manager Salaries in Mumbai

Edelweiss Life Insurance Manager salary in Mumbai ranges between ₹4.9 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 64 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.