Edelweiss Life Insurance Mumbai Vice President Salaries by 7 Employees

19 - 22 years exp.

₹28 Lakhs - ₹45 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% less than the average Vice President Salary in Insurance Companies for 19 - 22 years of experience

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Salaries in different departments

Customer Success, Service & Operations Vice President Salary 19 - 20 years exp. (AmbitionBox Estimate)	₹30.5 L/yr - ₹44.8 L/yr
Administration & Facilities Vice President Salary 21 - 22 years exp. (AmbitionBox Estimate)	₹28 L/yr - ₹35.3 L/yr
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Strategic & Top Management Vice President Salary 20 years exp. (AmbitionBox Estimate)	₹30.1 L/yr - ₹45 L/yr

Last Updated: 26 Nov 2024

Companies similar to Edelweiss Life Insurance for Vice President in Mumbai

Edelweiss Life Insurance Vice President Salary

19 - 22 years exp. (7 salaries)

₹28 L/yr - ₹45 L/yr

Company name	Avg Annual Salary	Open Jobs
IndiaFirst Life Insurance Vice President Salary 17 - 28 years exp. (12 salaries)	₹41.5 L/yr - ₹72 L/yr 63% more
Future Generali India Life Insurance Vice President Salary 18 - 27 years exp. (9 salaries)	₹30 L/yr - ₹54 L/yr 25% more
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Liberty General Insurance Vice President Salary 13 - 23 years exp. (7 salaries)	₹36 L/yr - ₹60 L/yr 46% more
Swiss Re Vice President Salary 11 - 20 years exp. (6 salaries)	₹45 L/yr - ₹75.5 L/yr 95% more
Aditya Birla Health Insurance Co Vice President Salary 14 - 20 years exp. (5 salaries)	₹51 L/yr - ₹97 L/yr 166% more
ManipalCigna Health Insurance Vice President Salary 0 - 22 years exp. (4 salaries)	₹38 L/yr - ₹50 L/yr 36% more
Marsh Vice President Salary 5 - 15 years exp. (3 salaries)	₹25.7 L/yr - ₹37 L/yr 17% less
Aegon Life Insurance Vice President Salary 9 - 16 years exp. (3 salaries)	₹32 L/yr - ₹52 L/yr 38% more
Bharti AXA Life Insurance Vice President Salary 15 - 19 years exp. (3 salaries)	₹56.1 L/yr - ₹98 L/yr 126% more

Vice President salary at Edelweiss Life Insurance ranges between ₹28 Lakhs to ₹45 Lakhs per year for employees with experience between 19 years to 22 years. Salary estimates are based on 7 latest salaries received from various employees of Edelweiss Life Insurance.

Experience wise Edelweiss Life Insurance Vice President salaries in Mumbai

Last Updated: 26 Nov 2024

Experience	Avg Annual Salary
15+ years (7 salaries)	₹28 L/yr - ₹45 L/yr
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Similar Designation salaries in Edelweiss Life Insurance

Assistant Vice President Salary

(25 salaries)

₹16.83 L/yr - ₹36 L/yr

Associate Vice President Salary

(5 salaries)

₹23.5 L/yr - ₹30 L/yr

Project Manager Salary

(4 salaries)

₹6 L/yr - ₹18 L/yr

Senior Vice President Salary

(3 salaries)

₹60 L/yr - ₹66 L/yr

Branch Manager Salary

(3 salaries)

₹6.6 L/yr - ₹7 L/yr

Salary related reviews for Edelweiss Life Insurance

4.0

Rated by 1 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

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.

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.

Promotions - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Edelweiss Life Insurance Vice President Salary FAQs

What is the salary of Vice President at Edelweiss Life Insurance in Mumbai?

The average salary of a Vice President at Edelweiss Life Insurance in Mumbai typically ranges from ₹28.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 19 years to 22 years).

The top 10% of Vice President in Mumbai at Edelweiss Life Insurance earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Vice President 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 7 Edelweiss Life Insurance employees in India.

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

The estimated take-home salary of a Vice President at Edelweiss Life Insurance in Mumbai typically ranges from ₹1,98,099 to ₹2,05,919 per month. This is based on the average salary range of ₹28.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 19 years to 22 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 7 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 Vice President in India?

Aditya Birla Health Insurance Co	₹51.0 Lakhs to ₹97.0 Lakhs per year
Bharti AXA Life Insurance	₹56.1 Lakhs to ₹98.0 Lakhs per year
Swiss Re	₹45.0 Lakhs to ₹75.5 Lakhs per year
IndiaFirst Life Insurance	₹41.5 Lakhs to ₹72.0 Lakhs per year
Liberty General Insurance	₹36.0 Lakhs to ₹60.0 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 Vice President in companies similar to Edelweiss Life Insurance in Mumbai?

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

Aegon Life Insurance	₹32.0 Lakhs to ₹52.0 Lakhs per year
ManipalCigna Health Insurance	₹38.0 Lakhs to ₹50.0 Lakhs per year
Future Generali India Life Insurance	₹30.0 Lakhs to ₹54.0 Lakhs per year
Marsh	₹25.7 Lakhs to ₹37.0 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 Vice President at Edelweiss Life Insurance in Mumbai?

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

Experience	Average Salary Range
15 years	₹28.0 Lakhs to ₹45.0 Lakhs per year

and so on.

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Edelweiss Life Insurance Vice President Salaries in Mumbai

Edelweiss Life Insurance Vice President salary in Mumbai ranges between ₹28 Lakhs to ₹45 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.