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Edelweiss Life Insurance

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3.7

based on 937 Reviews

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Edelweiss Life Insurance Relationship Manager salaries in Indore

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹5.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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33% less than the average Relationship Manager Salary in Insurance Companies for 2 - 6 years of experience

Interested in this particular role? 24 job openings

Salaries in different departments

Sales & Business Development
Relationship Manager Salary
4 - 6 years exp. (3 salaries)
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₹3 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.1 L/yr

Marketing & Communication
Relationship Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5.3 L/yr

Last Updated: 20 Jun 2024

Companies similar to Edelweiss Life Insurance for Relationship Manager in Indore

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Edelweiss Life Insurance Relationship Manager Salary

2 - 6 years exp. (8 salaries)
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₹3 L/yr - ₹5.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Future Generali India Life Insurance Relationship Manager Salary

1 - 5 years exp. (8 salaries)
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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 18% less
 48 job openings
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Aditya Birla Health Insurance Co Relationship Manager Salary

0 - 5 years exp. (7 salaries)
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₹2.7 L/yr - ₹4.1 L/yr

arrow icon 2% more
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Aviva Life Insurance India Relationship Manager Salary

3 - 6 years exp. (5 salaries)
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₹3.3 L/yr - ₹3.7 L/yr

arrow icon 2% less
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Liberty General Insurance Relationship Manager Salary

3 - 7 years exp. (4 salaries)
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₹4 L/yr - ₹6.8 L/yr

arrow icon 60% more
 1 job opening
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Birla Sun Life Mutual Fund Relationship Manager Salary

0 - 5 years exp. (3 salaries)
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₹4.5 L/yr - ₹6.2 L/yr

arrow icon 35% more
Relationship Manager salary at Edelweiss Life Insurance ranges between ₹3 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Edelweiss Life Insurance.

Latest annual salaries shared by Edelweiss Life Insurance Relationship Manager in Indore

9mo ago
₹3.2 Lakhs
2 years exp.
1y ago
₹4 Lakhs
3 years exp.
1y ago
₹5.3 Lakhs
4 years exp.

Experience wise Edelweiss Life Insurance Relationship Manager salaries in Indore

Last Updated: 20 Jun 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
4 years  (3 salaries)

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₹3 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr

Top skills at Edelweiss Life Insurance for Relationship Manager

Life Insurance Life Insurance Direct Sales Bancassurance Relationship Management Insurance Sales SAS SQL Salesforce Marking Bfsi Sales Insurance Sales Field Sales Direct Sales Sales Business Development

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Full Time

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 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.

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  • Promotions - Poor
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Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Edelweiss Life Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Edelweiss Life Insurance in Indore?
The average salary of a Relationship Manager at Edelweiss Life Insurance in Indore typically ranges from ₹3.0 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Relationship Manager in Indore at Edelweiss Life Insurance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Relationship 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 8 Edelweiss Life Insurance employees in India.
What is the estimated take home salary of a Relationship Manager at Edelweiss Life Insurance in Indore?
The estimated take-home salary of a Relationship Manager at Edelweiss Life Insurance in Indore typically ranges from ₹27,741 to ₹29,139 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 2 years to 6 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 8 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 Relationship Manager at Edelweiss Life Insurance in Indore?
To be a Relationship Manager at Edelweiss Life Insurance in Indore, the key skills required include:

  • - Life Insurance
  • - Life Insurance
  • - Direct Sales
  • - Bancassurance
  • - Relationship Management

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 Relationship Manager in India?
Liberty General Insurance ₹4.0 Lakhs to ₹6.8 Lakhs per year
Birla Sun Life Mutual Fund ₹4.5 Lakhs to ₹6.2 Lakhs per year
Aditya Birla Health Insurance Co ₹2.7 Lakhs to ₹4.1 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 Relationship Manager in companies similar to Edelweiss Life Insurance in Indore?
The salary of a Relationship Manager at companies similar to Edelweiss Life Insurance in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aviva Life Insurance India ₹3.3 Lakhs to ₹3.7 Lakhs per year
Future Generali India Life Insurance ₹2.3 Lakhs to ₹3.5 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 Relationship Manager at Edelweiss Life Insurance in Indore?
The salary growth for a Relationship Manager at Edelweiss Life Insurance in Indore depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Indore can expect the following growth trajectory at Edelweiss Life Insurance:

Experience Average Salary Range
2 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years ₹3.3 Lakhs to ₹4.3 Lakhs per year
4 years ₹3.0 Lakhs to ₹5.3 Lakhs per year
5 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

Tell us how to improve this page.

Edelweiss Life Insurance Relationship Manager salary in Indore ranges between ₹3 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.