Future Generali India Life Insurance Mumbai Branch Manager Salaries by 7 Employees

7 - 18 years exp.

₹8 Lakhs - ₹12.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Branch Manager Salary in Insurance Companies for 7 - 18 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 7 - 18 years exp. (3 salaries)	₹8.5 L/yr - ₹12.2 L/yr
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Sales & Business Development Branch Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹11.6 L/yr

Last Updated: 7 Dec 2024

Companies similar to Future Generali India Life Insurance for Branch Manager in Mumbai

Future Generali India Life Insurance Branch Manager Salary

7 - 18 years exp. (7 salaries)

₹8 L/yr - ₹12.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Cholamandalam MS General Insurance Branch Manager Salary 4 - 12 years exp. (10 salaries)	₹3.5 L/yr - ₹7.5 L/yr 38% less
Bharti AXA Life Insurance Branch Manager Salary 12 - 15 years exp. (5 salaries)	₹7.6 L/yr - ₹9.9 L/yr 16% less
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Aditya Birla Health Insurance Co Branch Manager Salary 11 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹9.7 L/yr 2% less
Universal Sompo General Insurance Branch Manager Salary 10 - 15 years exp. (4 salaries)	₹11.8 L/yr - ₹14.2 L/yr 38% more
Edelweiss Life Insurance Branch Manager Salary 9 - 10 years exp. (3 salaries)	₹6.6 L/yr - ₹7 L/yr 30% less
ManipalCigna Health Insurance Branch Manager Salary 10 - 11 years exp. (3 salaries)	₹5.4 L/yr - ₹8.8 L/yr 25% less	1 job opening
Shriram General Insurance Branch Manager Salary 8 - 15 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr 23% less

Branch Manager salary at Future Generali India Life Insurance ranges between ₹8 Lakhs to ₹12.2 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Future Generali India Life Insurance.

Experience wise Future Generali India Life Insurance Branch Manager salaries in Mumbai

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
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9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
12 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
14 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
15+ years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr

View all

From

Branch Manager

₹

Lakhs/yr

7 - 19 years exp.

Assistant Regional Manager

₹

Lakhs/yr

16 - 23 years exp.

Branch Manager

7 - 19 years exp.

Senior Branch Manager

9 - 19 years exp.

16% hike

Area Manager

13 - 19 years exp.

34% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Future Generali India Life Insurance

Deputy Manager Salary

(169 salaries)

₹4.3 L/yr - ₹14.7 L/yr

Sales Manager Salary

(22 salaries)

₹2.15 L/yr - ₹4.75 L/yr

Deputy Branch Manager Salary

(14 salaries)

₹6 L/yr - ₹8.3 L/yr

Cluster Manager Salary

(7 salaries)

₹5.5 L/yr - ₹10.25 L/yr

Branch Head Salary

(5 salaries)

₹8.6 L/yr - ₹12 L/yr

Senior Branch Manager Salary

(5 salaries)

₹7.95 L/yr - ₹14 L/yr

Area Manager Salary

(5 salaries)

₹15.5 L/yr - ₹16.8 L/yr

Top skills at Future Generali India Life Insurance for Branch Manager

Branch Management Agency Channel Sales Sales Strategy Team Handling Life Insurance Sales Management Agency Sales Agency Sales Interpersonal Skills Penetration Testing Salesforce Training Channel Distribution agency

Salary related reviews for Future Generali India Life Insurance

3.0

Rated by 2 employees for salary & benefits

Relationship Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Mar 2025

1.0

for Salary and Benefits

Likes

...n more than BAjaj Finserv. The management,the HR team everyone is just pathetic. The only thing good was timely salary.

Dislikes

Superiors, management,HR team

Salary - Bad

+6 more

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 14 Oct 2024

3.0

for Salary and Benefits

Likes

I like to work in this company culture i am enjoying my work here I have taken 2 promotion in 2 years , also learn some new things here so overall my experience is good here

Work satisfaction - Good

+2 more

Dislikes

In our channel there is no appraisal, we need take promotion for salary hike i am not talking about myself but behalf of my colleagues who short for the promotion .

Assistant Branch Manager in Jorhat

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Sep 2024

4.0

for Salary and Benefits

Likes

Nothing only salary package is good

Salary - Good

Dislikes

Zero overall. Top management is good for nothing. From the time of interview, they will keep asking you for policy. If you cannot give any policy then they will say your salary will be on hold and You will recieve Termination letter. Think before you join, if you have good relationship and can built good agency then go otherwise think twice. No holiday for you even in Sunday too.

Skill development - Bad

+5 more

Senior Relationship Manager in Ahmedabad

Sales & Business Development Department

1.0

• posted on 01 Jun 2022

1.0

for Salary and Benefits

Likes

Nothing to like at that pathetic company.

Dislikes

...ever seen. Not getting support from manager an regional head when i needed most. Every month salary goes on hold without any information. Do think twice before working in this organisation.

Salary - Bad

+6 more

Business Development Manager in 54 Chowk Metro Gurgoan

Full Time

Other Department

1.0

• posted on 07 Oct 2023

1.0

for Salary and Benefits

Likes

I don't think I have any good experience with this , one person boss of my boss I a great guy who has the ability to develop employee

Dislikes

no salary hikes , bad working culture , pressure , no life work balance and after done something best no one going to boost your moral.

Salary - Bad

+6 more

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Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Future Generali India Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Future Generali India Life Insurance in Mumbai?

The average salary of a Branch Manager at Future Generali India Life Insurance in Mumbai typically ranges from ₹8.0 Lakhs to ₹12.2 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Branch Manager in Mumbai at Future Generali India Life Insurance earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹12.2 Lakhs per year. Branch Manager Salaries at Future Generali India 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 Future Generali India Life Insurance employees in India.

What is the estimated take home salary of a Branch Manager at Future Generali India Life Insurance in Mumbai?

The estimated take-home salary of a Branch Manager at Future Generali India Life Insurance in Mumbai typically ranges from ₹70,837 to ₹72,661 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹12.2 Lakhs per year for employees with experience ranging from 7 years to 18 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 Future Generali India Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Future Generali India Life Insurance in Mumbai?

To be a Branch Manager at Future Generali India Life Insurance in Mumbai, the key skills required include:

- Branch Management
- Agency Channel
- Sales
- Sales Strategy
- Team Handling

These skills are highly valued at Future Generali India Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Future Generali India Life Insurance for Branch Manager in India?

Universal Sompo General Insurance

₹11.8 Lakhs to ₹14.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Future Generali India Life Insurance, depending on the role and experience level.

What is the salary of a Branch Manager in companies similar to Future Generali India Life Insurance in Mumbai?

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

Aditya Birla Health Insurance Co	₹6.5 Lakhs to ₹9.7 Lakhs per year
Bharti AXA Life Insurance	₹7.6 Lakhs to ₹9.9 Lakhs per year
Shriram General Insurance	₹6.0 Lakhs to ₹8.5 Lakhs per year
ManipalCigna Health Insurance	₹5.4 Lakhs to ₹8.8 Lakhs per year
Edelweiss Life Insurance	₹6.6 Lakhs to ₹7.0 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 Branch Manager at Future Generali India Life Insurance in Mumbai?

The salary growth for a Branch Manager at Future Generali India Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Mumbai can expect the following growth trajectory at Future Generali India Life Insurance:

Experience	Average Salary Range
7 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
8 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
9 years	₹7.8 Lakhs to ₹9.9 Lakhs per year
10 years	₹8.0 Lakhs to ₹10.3 Lakhs per year

and so on.

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Future Generali India Life Insurance Branch Manager Salaries in Mumbai

Future Generali India Life Insurance Branch Manager salary in Mumbai ranges between ₹8 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Future Generali India Life Insurance latest salaries received from various employees of Future Generali India Life Insurance.

Future Generali India Life Insurance Branch Manager salaries in Mumbai

Companies similar to Future Generali India Life Insurance for Branch Manager in Mumbai

Latest annual salaries shared by Future Generali India Life Insurance Branch Manager in Mumbai

Experience wise Future Generali India Life Insurance Branch Manager salaries in Mumbai

Similar Designation salaries in Future Generali India Life Insurance

Top skills at Future Generali India Life Insurance for Branch Manager

Salary related reviews for Future Generali India Life Insurance

Relationship Manager in Guwahati

Sales Manager in Mumbai

Assistant Branch Manager in Jorhat

Senior Relationship Manager in Ahmedabad

Business Development Manager in 54 Chowk Metro Gurgoan

Future Generali India Life Insurance Branch Manager Salary FAQs

Tell us how to improve this page.