Edelweiss Life Insurance Mumbai Territory Manager Salaries by 7 Employees (Updated 2025)

7 - 17 years exp.

₹6 Lakhs - ₹7.5 Lakhs

Salary of majority employees

Fixed (100%)

₹7.1 Lakhs

Variable (0%)

₹0.0

10% less than the average Territory Manager Salary in Insurance Companies for 7 - 17 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Territory Manager Salary 7 - 17 years exp. (6 salaries)	₹6 L/yr - ₹7.5 L/yr
Login to view exact salary
BFSI, Investments & Trading Territory Manager Salary 12 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹7.2 L/yr

Last Updated: 2 Mar 2025

Companies similar to Edelweiss Life Insurance for Territory Manager in Mumbai

Edelweiss Life Insurance Territory Manager Salary

7 - 17 years exp. (7 salaries)

₹6 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Territory Manager Salary 9 - 20 years exp. (23 salaries)	₹10.6 L/yr - ₹18 L/yr 96% more
Axis Max Life Insurance Territory Manager Salary 13 - 16 years exp. (3 salaries)	₹10.4 L/yr - ₹16 L/yr 82% more
Login to view exact salary
Tata AIA Life Insurance Territory Manager Salary 5 - 12 years exp. (6 salaries)	₹6.5 L/yr - ₹8.5 L/yr 8% more	3 job openings
Bajaj Allianz Life Insurance Territory Manager Salary 5 - 15 years exp. (15 salaries)	₹4.5 L/yr - ₹10 L/yr 11% less
PNB MetLife Territory Manager Salary 4 - 13 years exp. (12 salaries)	₹5 L/yr - ₹10.2 L/yr 10% more
Aviva Life Insurance India Territory Manager Salary 5 - 14 years exp. (7 salaries)	₹5.8 L/yr - ₹8 L/yr 8% less	1 job opening
Ageas Federal Life Insurance Territory Manager Salary 9 - 18 years exp. (6 salaries)	₹11 L/yr - ₹15.3 L/yr 86% more

Territory Manager salary at Edelweiss Life Insurance ranges between ₹6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Territory Manager salaries in Mumbai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.9 L/yr
11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.8 L/yr
13 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
14 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
15+ years (AmbitionBox Estimate)	₹6 L/yr - ₹12.8 L/yr

View all

Similar Designation salaries in Edelweiss Life Insurance

Relationship Manager Salary

(30 salaries)

₹2.75 L/yr - ₹5.2 L/yr

Area Manager Salary

(4 salaries)

₹13.5 L/yr - ₹15.15 L/yr

Sales Manager Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Top skills at Edelweiss Life Insurance for Territory Manager

Life Insurance Agency Channel Agent Recruitment Defect tracking Excel Marking Material Science SAS SQL Sales Insurance Sales agency Agency Management LI Lead Generation Sales Management

Salary related reviews for Edelweiss Life Insurance

5.0

Rated by 1 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.

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....

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

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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

Got a question about Edelweiss Life Insurance?

Ask anonymously on communities.

Edelweiss Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Edelweiss Life Insurance Mumbai?

Territory Manager salary at Edelweiss Life Insurance in Mumbai ranges between ₹6.0 Lakhs to ₹7.5 Lakhs for experience between 7 years to 17 years. According to our estimates it is 10% less than the average Territory Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Edelweiss Life Insurance Mumbai.

How does the salary of a Territory Manager at Edelweiss Life Insurance Mumbai compare with the average salary range for this job?

The average salary of a Territory Manager at Edelweiss Life Insurance is 10% less than the average salary of a Territory Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Territory Manager at Edelweiss Life Insurance?

Life Insurance, Agency Channel, Agent Recruitment, Defect tracking and Excel are some of the popular skills required to work as a Territory Manager at Edelweiss Life Insurance Mumbai.

Which similar companies are paying more than Edelweiss Life Insurance to a Territory Manager in Mumbai?

HDFC Life Territory Manager Salary - ₹10.6 Lakhs to ₹18.0 Lakhs per year
Ageas Federal Life Insurance Territory Manager Salary - ₹11.0 Lakhs to ₹15.3 Lakhs per year
Axis Max Life Insurance Territory Manager Salary - ₹10.4 Lakhs to ₹16.0 Lakhs per year
PNB MetLife Territory Manager Salary - ₹5.0 Lakhs to ₹10.2 Lakhs per year
Tata AIA Life Insurance Territory Manager Salary - ₹6.5 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Territory Manager in companies similar to Edelweiss Life Insurance in Mumbai?

Aviva Life Insurance India Territory Manager Salary - ₹5.8 Lakhs to ₹8.0 Lakhs per year
Bajaj Allianz Life Insurance Territory Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Territory Manager at Edelweiss Life Insurance ranges between ₹53,397 per month to ₹54,727 per month in Mumbai. The take-home salary calculation is based on the average Edelweiss Life Insurance Territory Manager salary in India which ranges between ₹6.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 7 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Territory Manager at Edelweiss Life Insurance in Mumbai?

According to AmbitionBox, 67% of the Edelweiss Life Insurance Territory Managers in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Edelweiss Life Insurance Salaries >
Edelweiss Life Insurance Territory Manager Salaries >
Edelweiss Life Insurance Territory Manager Salaries in Mumbai

Edelweiss Life Insurance Territory Manager salary in Mumbai ranges between ₹6 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Edelweiss Life Insurance latest salaries received from various employees of Edelweiss Life Insurance.