Edelweiss Life Insurance Processing Manager Salaries by 4 Employees

6 - 14 years exp.

₹4.3 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Processing Manager Salary in Insurance Companies for 6 - 14 years of experience

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Last Updated: 2 Dec 2024

Companies similar to Edelweiss Life Insurance for Processing Manager

Company name	Avg Annual Salary	Open Jobs
Marsh Processing Manager Salary 1 - 20 years exp. (4 salaries)	₹6 L/yr - ₹8.9 L/yr 17% more
eClerx Processing Manager Salary 0 - 18 years exp. (1.7k salaries)	₹6 L/yr - ₹20 L/yr 93% more	2 job openings
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ICICI Bank Processing Manager Salary 1 - 15 years exp. (269 salaries)	₹3 L/yr - ₹12.6 L/yr 22% more
American Express Processing Manager Salary 2 - 13 years exp. (234 salaries)	₹8 L/yr - ₹27 L/yr 198% more
JPMorgan Chase & Co. Processing Manager Salary 9 - 17 years exp. (126 salaries)	₹7.7 L/yr - ₹23 L/yr 133% more

Processing Manager salary at Edelweiss Life Insurance ranges between ₹4.3 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Processing Manager salaries

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹9.4 L/yr
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8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
12 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.5 L/yr
13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
14 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8 L/yr

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Similar Designation salaries in Edelweiss Life Insurance

Operations Manager Salary

(8 salaries)

₹2.6 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Production Manager Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Officer Salary

(4 salaries)

₹1.2 L/yr - ₹2.5 L/yr

Top skills at Edelweiss Life Insurance for Processing Manager

Process Optimization Operations Project Management Continuous Improvement Training Process Improvement Standard Operating Procedures Microsoft Operations Manager People Management Skills Operations Management Communication Skills SLA Management Monitoring Web Technologies Escalation Management

Salary related reviews for Edelweiss Life Insurance

3.7

Rated by 2 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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Edelweiss Life Insurance Processing Manager Salary FAQs

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

The average salary of a Processing Manager at Edelweiss Life Insurance in India typically ranges from ₹4.3 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 6 years to 14 years).

The top 10% of Processing Manager at Edelweiss Life Insurance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Processing 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 4 Edelweiss Life Insurance employees in India.

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

The estimated take-home salary of a Processing Manager at Edelweiss Life Insurance in India typically ranges from ₹46,966 to ₹48,079 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 6 years to 14 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 4 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 Processing Manager at Edelweiss Life Insurance ?

To be a Processing Manager at Edelweiss Life Insurance in india, the key skills required include:

- Process Optimization
- Operations
- Project Management
- Continuous Improvement
- Training

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 Processing Manager in India?

American Express	₹8.0 Lakhs to ₹27.0 Lakhs per year
JPMorgan Chase & Co.	₹7.7 Lakhs to ₹23.0 Lakhs per year
eClerx	₹6.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹12.6 Lakhs per year
Marsh	₹6.0 Lakhs to ₹8.9 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.

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

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

Experience	Average Salary Range
6 years	₹1.9 Lakhs to ₹5.2 Lakhs per year
7 years	₹4.3 Lakhs to ₹9.4 Lakhs per year
8 years	₹5.0 Lakhs to ₹6.5 Lakhs per year
9 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Edelweiss Life Insurance Processing Manager Salaries

Edelweiss Life Insurance Processing Manager salary in India ranges between ₹4.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.