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Edelweiss Life Insurance

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3.7

based on 938 Reviews

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Edelweiss Life Insurance Senior Relationship Manager salaries in Mumbai (Updated 2025)

Annual salary range
2 - 9 years exp.
₹3 Lakhs - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Senior Relationship Manager Salary in Insurance Companies for 2 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Senior Relationship Manager Salary
3 - 9 years exp. (4 salaries)
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₹3.1 L/yr - ₹4.1 L/yr

Customer Success, Service & Operations
Senior Relationship Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.1 L/yr

Sales & Business Development
Senior Relationship Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4 L/yr

Last Updated: 6 Feb 2025

Companies similar to Edelweiss Life Insurance for Senior Relationship Manager in Mumbai

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Edelweiss Life Insurance Senior Relationship Manager Salary

2 - 9 years exp. (8 salaries)
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₹3 L/yr - ₹4 L/yr

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

2 - 7 years exp. (13 salaries)
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₹2.5 L/yr - ₹5 L/yr

arrow icon 1% less
 2 job openings
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Ageas Federal Life Insurance Senior Relationship Manager Salary

3 - 8 years exp. (9 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 14% more
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Aviva Life Insurance India Senior Relationship Manager Salary

4 - 6 years exp. (8 salaries)
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₹3 L/yr - ₹4.5 L/yr

arrow icon 12% more
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Bharti AXA Life Insurance Senior Relationship Manager Salary

2 - 10 years exp. (8 salaries)
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₹4.1 L/yr - ₹5.1 L/yr

arrow icon 28% more
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Magma HDI General Insurance Senior Relationship Manager Salary

7 - 12 years exp. (6 salaries)
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₹5 L/yr - ₹6.7 L/yr

arrow icon 53% more
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Aditya Birla Health Insurance Co Senior Relationship Manager Salary

7 - 9 years exp. (5 salaries)
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₹9 L/yr - ₹15.6 L/yr

arrow icon 216% more
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Birla Sun Life Mutual Fund Senior Relationship Manager Salary

6 - 13 years exp. (4 salaries)
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₹11 L/yr - ₹12.1 L/yr

arrow icon 193% more
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Cholamandalam MS General Insurance Senior Relationship Manager Salary

3 - 10 years exp. (3 salaries)
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₹3.5 L/yr - ₹4.8 L/yr

arrow icon 11% more
Senior Relationship Manager salary at Edelweiss Life Insurance ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 9 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 Senior Relationship Manager in Mumbai

2mo ago
₹3.5 Lakhs
4 years exp.
9mo ago
₹3.8 Lakhs
9 years exp.

Experience wise Edelweiss Life Insurance Senior Relationship Manager salaries in Mumbai

Last Updated: 6 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Edelweiss Life Insurance

Relationship Manager Salary
(28 salaries)
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₹2.75 L/yr - ₹5.5 L/yr
Territory Manager Salary
(7 salaries)
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₹6 L/yr - ₹7.5 L/yr
Marketing Manager Salary
(4 salaries)
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₹14 L/yr - ₹20 L/yr
Area Manager Salary
(4 salaries)
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₹13.5 L/yr - ₹15.15 L/yr
Branch Manager Salary
(3 salaries)
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₹6.6 L/yr - ₹7 L/yr
Regional Manager Salary
(3 salaries)
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₹9 L/yr - ₹30 L/yr

Salary related reviews for Edelweiss Life Insurance

3.0

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Excellent
    • +5 more

Dislikes

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

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....

read more
  • 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.

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

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.

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

Trainer in Gorakhpur

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

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 Senior Relationship Manager Salary FAQs

What is the salary of Senior Relationship Manager at Edelweiss Life Insurance in Mumbai?
The average salary of a Senior Relationship Manager at Edelweiss Life Insurance in Mumbai typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Senior Relationship Manager in Mumbai at Edelweiss Life Insurance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Senior 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 Senior Relationship Manager at Edelweiss Life Insurance in Mumbai?
The estimated take-home salary of a Senior Relationship Manager at Edelweiss Life Insurance in Mumbai typically ranges from ₹28,494 to ₹29,881 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 9 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.
Which companies offer higher salaries than Edelweiss Life Insurance for Senior Relationship Manager in India?
Aditya Birla Health Insurance Co ₹9.0 Lakhs to ₹15.6 Lakhs per year
Birla Sun Life Mutual Fund ₹11.0 Lakhs to ₹12.1 Lakhs per year
Magma HDI General Insurance ₹5.0 Lakhs to ₹6.7 Lakhs per year
Bharti AXA Life Insurance ₹4.1 Lakhs to ₹5.1 Lakhs per year
Ageas Federal Life Insurance ₹3.5 Lakhs to ₹4.5 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 Senior Relationship Manager in companies similar to Edelweiss Life Insurance in Mumbai?
The salary of a Senior Relationship Manager at companies similar to Edelweiss Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aviva Life Insurance India ₹3.0 Lakhs to ₹4.5 Lakhs per year
Cholamandalam MS General Insurance ₹3.5 Lakhs to ₹4.8 Lakhs per year
Future Generali India Life Insurance ₹2.5 Lakhs to ₹5.0 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 Senior Relationship Manager at Edelweiss Life Insurance in Mumbai?
The salary growth for a Senior Relationship Manager at Edelweiss Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Relationship Manager in Mumbai can expect the following growth trajectory at Edelweiss Life Insurance:

Experience Average Salary Range
2 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
5 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
and so on.

Tell us how to improve this page.

Edelweiss Life Insurance Senior Relationship Manager salary in Mumbai ranges between ₹3 Lakhs to ₹4 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.