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Edelweiss Life Insurance Salaries in Mumbai (Updated 2025)

based on 1.2k latest salaries
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Designation Avg Annual Salary Open Jobs
4 - 18 years exp. · Mumbai (36 salaries)
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₹10.4 L/yr - ₹24 L/yr

2 - 6 years exp. · Mumbai (28 salaries)
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₹2.8 L/yr - ₹5.5 L/yr

15 job openings
5 - 17 years exp. · Mumbai (25 salaries)
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₹16.8 L/yr - ₹36 L/yr

2 - 10 years exp. · Mumbai (17 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

Starting your career? Discover Edelweiss Life Insurance fresher salaries in India
0 - 5 years exp. · Mumbai (11 salaries)
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₹2.5 L/yr - ₹3.5 L/yr

2 - 7 years exp. · Mumbai (11 salaries)
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₹6 L/yr - ₹7.4 L/yr

3 - 7 years exp. · Mumbai (10 salaries)
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₹3.3 L/yr - ₹5 L/yr

1 - 6 years exp. · Mumbai (10 salaries)
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₹2.7 L/yr - ₹3.5 L/yr

2 - 9 years exp. · Mumbai (8 salaries)
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₹3 L/yr - ₹4.3 L/yr

5 - 8 years exp. · Mumbai (7 salaries)
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₹4.4 L/yr - ₹5.5 L/yr

8 - 17 years exp. · Mumbai (6 salaries)
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₹6 L/yr - ₹7.5 L/yr

0 - 6 years exp. · Mumbai (6 salaries)
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₹4.2 L/yr - ₹4.5 L/yr

1 - 4 years exp. · Mumbai (6 salaries)
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₹2 L/yr - ₹2.4 L/yr

0 - 5 years exp. · Mumbai (6 salaries)
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₹2.3 L/yr - ₹3 L/yr

0 - 3 years exp. · Mumbai (6 salaries)
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₹2 L/yr - ₹3.8 L/yr

1 - 14 years exp. · Mumbai (6 salaries)
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₹11 L/yr - ₹21 L/yr

1 - 4 years exp. · Mumbai (6 salaries)
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₹2 L/yr - ₹3 L/yr

1 - 5 years exp. · Mumbai (5 salaries)
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₹2.5 L/yr - ₹4 L/yr

8 - 14 years exp. · Mumbai (5 salaries)
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₹23.5 L/yr - ₹30 L/yr

3 - 10 years exp. · Mumbai (5 salaries)
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₹2.8 L/yr - ₹4.1 L/yr

Last Updated: 22 Mar, 2025

Salary related reviews for Edelweiss Life Insurance

3.2

Rated by 176 employees for salary & benefits

Sales Department

3.0
  •  posted on 18 Jun 2020

3.0
 for  Salary and Benefits

Likes

They've allowed WFH, timely salary

  • Job security - Good

Dislikes

Work hours are terrible, managers have no clear vision or leadership skills to guide any way forward, every manager is trying to pull the other manager's leg which leads to strings of petty mails, strained work relationships and toxic work environment, leaders lack empathy or they have no idea/pretending to have no idea of what's going on.

read more
  • Company culture - Poor
  • +1 more

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....

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  • 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.

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  • 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

 · 

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.

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  • Salary - Excellent
  • +5 more

Dislikes

No training and development on career point of views and work related training Updation

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

read more
  • 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

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

Edelweiss Life Insurance Salary FAQs

How much does Edelweiss Life Insurance pay to its employees?
The average annual salary at Edelweiss Life Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Edelweiss Life Insurance, are as follows:

Chief Manager ₹10.4 Lakhs to ₹24 Lakhs per year
Relationship Manager ₹2.8 Lakhs to ₹5.5 Lakhs per year
Assistant Vice President ₹16.8 Lakhs to ₹36 Lakhs per year
Business Development Manager ₹1.5 Lakhs to ₹4.5 Lakhs per year

The highest-paying role, Deputy Vice President, earns between ₹28 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹17 Lakhs per year, and the top 1% earn over ₹43.5 Lakhs per year. 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 salary estimates are based on data from 1.2k salaries submitted by Edelweiss Life Insurance employees. Edelweiss Life Insurance is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Edelweiss Life Insurance in Mumbai?
The salary of a fresher at Edelweiss Life Insurance in Mumbai typically ranges from ₹2.4 Lakhs to ₹13 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Management Trainee Salary ₹4.5 Lakhs to ₹13 Lakhs per year
Fresher as a Agency Development Manager Salary ₹2.6 Lakhs to ₹2.9 Lakhs per year
Fresher as a Actuarial Intern Salary ₹1.7 Lakhs to ₹2.2 Lakhs per year
Fresher as a Tele Caller Salary ₹0.6 Lakhs to ₹0.7 Lakhs per year

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Average annual salary in Edelweiss Life Insurance , Mumbai is INRunlock blur . Salary estimates are based on 1100+ Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.

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