Edelweiss Life Insurance Team Manager Salaries by 6 Employees

5 - 9 years exp.

₹5.5 Lakhs - ₹16.6 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Team Manager Salary in Insurance Companies for 5 - 9 years of experience

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Last Updated: 15 Jun 2024

Companies similar to Edelweiss Life Insurance for Team Manager

Company name	Avg Annual Salary	Open Jobs
MetLife Team Manager Salary 5 - 17 years exp. (12 salaries)	₹13.7 L/yr - ₹34.4 L/yr 144% more
Marsh Team Manager Salary 4 - 15 years exp. (8 salaries)	₹7.8 L/yr - ₹24.8 L/yr 85% more
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Magma HDI General Insurance Team Manager Salary 5 - 16 years exp. (8 salaries)	₹7.5 L/yr - ₹13 L/yr 4% more
ManipalCigna Health Insurance Team Manager Salary 12 - 14 years exp. (8 salaries)	₹4.5 L/yr - ₹6 L/yr 42% less
Future Generali India Life Insurance Team Manager Salary 0 - 15 years exp. (7 salaries)	₹3.9 L/yr - ₹10 L/yr 31% less
Medi Assist India Team Manager Salary 4 - 13 years exp. (6 salaries)	₹4.7 L/yr - ₹12 L/yr 26% less
Royal Sundaram General Insurance Team Manager Salary 8 - 22 years exp. (5 salaries)	₹6.1 L/yr - ₹16 L/yr 13% more
Aviva Life Insurance India Team Manager Salary 8 - 10 years exp. (4 salaries)	₹6 L/yr - ₹14.9 L/yr 2% less
Principal Global Services Team Manager Salary 10 - 15 years exp. (4 salaries)	₹11 L/yr - ₹29.3 L/yr 102% more
Aditya Birla Health Insurance Co Team Manager Salary 5 - 6 years exp. (4 salaries)	₹6.5 L/yr - ₹16.2 L/yr 8% more
Chubb Team Manager Salary 10 - 11 years exp. (4 salaries)	₹22 L/yr - ₹26 L/yr 160% more
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Liberty General Insurance Team Manager Salary 3 - 14 years exp. (4 salaries)	₹6 L/yr - ₹7.8 L/yr 26% less
First American Title Team Manager Salary 0 - 13 years exp. (3 salaries)	₹5.1 L/yr - ₹9.9 L/yr 24% less
Swiss Re Team Manager Salary 7 - 12 years exp. (3 salaries)	₹18 L/yr - ₹40 L/yr 204% more
Allianz Partners Team Manager Salary 8 - 11 years exp. (3 salaries)	₹8 L/yr - ₹27 L/yr 52% more
CignaTTk Health Insurance Team Manager Salary 10 - 11 years exp. (3 salaries)	₹12.5 L/yr - ₹28.8 L/yr 58% more
IndiaFirst Life Insurance Team Manager Salary 4 - 8 years exp. (3 salaries)	₹5.3 L/yr - ₹10.1 L/yr 16% less
Aegon Life Insurance Team Manager Salary 6 - 10 years exp. (3 salaries)	₹14 L/yr - ₹35.5 L/yr 182% more
Cholamandalam MS General Insurance Team Manager Salary 2 - 6 years exp. (3 salaries)	₹10 L/yr - ₹26 L/yr 93% more
Axa XL Team Manager Salary 7 - 12 years exp. (3 salaries)	₹20 L/yr - ₹28 L/yr 169% more

Team Manager salary at Edelweiss Life Insurance ranges between ₹5.5 Lakhs to ₹16.6 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Team Manager salaries

Last Updated: 15 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
6 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
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7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr

Similar Designation salaries in Edelweiss Life Insurance

Area Manager Salary

(16 salaries)

₹10 L/yr - ₹16.7 L/yr

Program Manager Salary

(3 salaries)

₹13 L/yr - ₹17 L/yr

Branch Manager Salary

(50 salaries)

₹5.7 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Team Lead Salary

(6 salaries)

₹3 L/yr - ₹4 L/yr

Project Manager Salary

(4 salaries)

₹6 L/yr - ₹18 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Cluster Manager Salary

(27 salaries)

₹6.6 L/yr - ₹13 L/yr

Operations Manager Salary

(8 salaries)

₹2.6 L/yr - ₹6.5 L/yr

Relationship Manager Salary

(268 salaries)

₹2 L/yr - ₹6 L/yr

Salary related reviews for Edelweiss Life Insurance

1.4

Rated by 3 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.

see more salary related reviews

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Edelweiss Life Insurance Team Manager Salary FAQs

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

The average salary of a Team Manager at Edelweiss Life Insurance in India typically ranges from ₹5.5 Lakhs to ₹16.6 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Team Manager at Edelweiss Life Insurance earn more than ₹16.6 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Team 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 6 Edelweiss Life Insurance employees in India.

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

The estimated take-home salary of a Team Manager at Edelweiss Life Insurance in India typically ranges from ₹68,415 to ₹70,170 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹16.6 Lakhs per year for employees with experience ranging from 5 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 6 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 Team Manager in India?

Swiss Re	₹18.0 Lakhs to ₹40.0 Lakhs per year
Aegon Life Insurance	₹14.0 Lakhs to ₹35.5 Lakhs per year
Axa XL	₹20.0 Lakhs to ₹28.0 Lakhs per year
Chubb	₹22.0 Lakhs to ₹26.0 Lakhs per year
MetLife	₹13.7 Lakhs to ₹34.4 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 Team Manager in companies similar to Edelweiss Life Insurance in India?

The salary of a Team Manager at companies similar to Edelweiss Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Principal Global Services	₹11.0 Lakhs to ₹29.3 Lakhs per year
Cholamandalam MS General Insurance	₹10.0 Lakhs to ₹26.0 Lakhs per year
Marsh	₹7.8 Lakhs to ₹24.8 Lakhs per year
CignaTTk Health Insurance	₹12.5 Lakhs to ₹28.8 Lakhs per year
Allianz Partners	₹8.0 Lakhs to ₹27.0 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 Team Manager at Edelweiss Life Insurance in India?

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

Experience	Average Salary Range
5 years	₹10.7 Lakhs to ₹13.7 Lakhs per year
6 years	₹9.6 Lakhs to ₹12.3 Lakhs per year
7 years	₹8.5 Lakhs to ₹10.8 Lakhs per year
8 years	₹7.4 Lakhs to ₹9.4 Lakhs per year

and so on.

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Edelweiss Life Insurance Team Manager Salaries

Edelweiss Life Insurance Team Manager salary in India ranges between ₹5.5 Lakhs to ₹16.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.