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Future Generali India Life Insurance Senior Manager salaries in Mumbai (Updated 2025)

Annual salary range
10 - 20 years exp.
₹8.1 Lakhs - ₹28 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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8% less than the average Senior Manager Salary in Insurance Companies for 10 - 20 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
10 - 18 years exp. (13 salaries)
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₹7.3 L/yr - ₹23.8 L/yr

Customer Success, Service & Operations
Senior Manager Salary
11 - 17 years exp. (6 salaries)
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₹16 L/yr - ₹22.5 L/yr

Finance & Accounting
Senior Manager Salary
10 - 17 years exp. (6 salaries)
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₹11.7 L/yr - ₹28 L/yr

Administration & Facilities
Senior Manager Salary
12 - 16 years exp. (3 salaries)
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₹15 L/yr - ₹21.7 L/yr

Data Science & Analytics
Senior Manager Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹12.9 L/yr - ₹20.5 L/yr

View all

Last Updated: 8 Mar 2025

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

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Future Generali India Life Insurance Senior Manager Salary

10 - 20 years exp. (40 salaries)

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₹8.1 L/yr - ₹28 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹6.9 L/yr - ₹18.4 L/yr

arrow icon 44% less
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IndiaFirst Life Insurance Senior Manager Salary

4 - 17 years exp. (54 salaries)

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₹6.2 L/yr - ₹22.5 L/yr

arrow icon 25% less
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Aegon Life Insurance Senior Manager Salary

4 - 16 years exp. (43 salaries)

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₹7 L/yr - ₹25.4 L/yr

arrow icon 28% less
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₹12 L/yr - ₹23 L/yr

arrow icon 12% less
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Edelweiss Life Insurance Senior Manager Salary

7 - 20 years exp. (32 salaries)

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₹9 L/yr - ₹29.2 L/yr

arrow icon 18% less
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Bharti AXA Life Insurance Senior Manager Salary

6 - 17 years exp. (26 salaries)

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₹8.2 L/yr - ₹22.3 L/yr

arrow icon 30% less
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₹14 L/yr - ₹34.5 L/yr

arrow icon 13% more
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₹8.3 L/yr - ₹25 L/yr

arrow icon 28% less
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Medi Assist India Senior Manager Salary

10 - 19 years exp. (19 salaries)

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₹7 L/yr - ₹17 L/yr

arrow icon 32% less
3 job openings
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₹14.8 L/yr - ₹19.5 L/yr

arrow icon 13% less
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Marsh Senior Manager Salary

3 - 15 years exp. (9 salaries)

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₹11.9 L/yr - ₹25.8 L/yr

arrow icon 9% less
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₹5.1 L/yr - ₹8 L/yr

arrow icon 67% less
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₹9.5 L/yr - ₹16 L/yr

arrow icon 45% less
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₹10 L/yr - ₹13 L/yr

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₹3.5 L/yr - ₹13.3 L/yr

arrow icon 59% less
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₹10 L/yr - ₹17 L/yr

arrow icon 30% less
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Shriram General Insurance Senior Manager Salary

10 - 13 years exp. (3 salaries)

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₹6 L/yr - ₹9 L/yr

arrow icon 56% less
Senior Manager salary at Future Generali India Life Insurance ranges between ₹8.1 Lakhs to ₹28 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 40 latest salaries received from various employees of Future Generali India Life Insurance.

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

1mo ago
₹21.2 Lakhs
18 years exp.
1mo ago
₹16 Lakhs
16 years exp.
1mo ago
₹22 Lakhs
10 years exp.
2mo ago
₹23.8 Lakhs
16 years exp.
2mo ago
₹28 Lakhs
15 years exp.
4mo ago
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15 years exp.
4mo ago
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17 years exp.
7mo ago
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16 years exp.
8mo ago
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16 years exp.
9mo ago
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15 years exp.

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

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
10 years  (6 salaries)

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₹12.3 L/yr - ₹22 L/yr
11 years  (3 salaries)

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₹15 L/yr - ₹22.5 L/yr
12 years  (3 salaries)

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₹12 L/yr - ₹34.4 L/yr
13 years (AmbitionBox Estimate)

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₹17.4 L/yr - ₹22.3 L/yr
14 years  (3 salaries)

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₹13.7 L/yr - ₹21.5 L/yr
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Similar Designation salaries in Future Generali India Life Insurance

Deputy Manager Salary
(169 salaries)
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₹4.3 L/yr - ₹14.7 L/yr
Sales Manager Salary
(22 salaries)
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₹2.15 L/yr - ₹4.75 L/yr
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₹4 L/yr - ₹9.46 L/yr
Branch Manager Salary
(7 salaries)
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₹8 L/yr - ₹12.2 L/yr
Area Manager Salary
(5 salaries)
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₹15.5 L/yr - ₹16.8 L/yr
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₹13.65 L/yr - ₹18 L/yr

Top skills at Future Generali India Life Insurance for Senior Manager

Senior Management Team Management Actuarial Pricing WCF

Salary related reviews for Future Generali India Life Insurance

3.9

Rated by 6 employees for salary & benefits

Human Resources Department

3.0
  •  posted on 06 Mar 2020

3.0
 for  Salary and Benefits

Likes

Being a young organisation in the BFSI sector the opportunities are huge as well the compensation given to frontliners in certain departments like sales are indeed the best in the industry .Huge opportunity to learn and develop and motivates employees to learn through elearning options.

read more

Dislikes

There in no value prepositions directive to employees ,Lack of leadership and inconsistency in top management leads to lack of clear strategy .Leadership is biased which leads to attrition in all levels across departments. There is no fair performance appraisals done .High level of non performers move up the ladder due to this.Inspite of learning opportunity given to implement the learning are few since the leadership and the mid level managers are incapable.

read more
  • Job security - Poor
  • +3 more

Customer Success, Service & Operations Department

3.0
  •  posted on 26 Apr 2018

1.0
 for  Salary and Benefits

Likes

The leadership team is very supportive, a lot of exposure is given to you as an individual.

  • Skill development - Good
  • +2 more

Dislikes

...ation to its employees a Manager is paid almost 50% more CTC than a Sr. Manager. HR needs to have a policy on compensation basis the band of employees

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  • Salary - Bad
  • +2 more

Full Time

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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.

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Dislikes

Superiors, management,HR team

  • Salary - Bad
  • +6 more

Full Time

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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

read more
  • 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 .

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Full Time

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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

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Dislikes

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

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Future Generali India Life Insurance Senior Manager Salary FAQs

What is the salary of Senior Manager at Future Generali India Life Insurance in Mumbai?
The average salary of a Senior Manager at Future Generali India Life Insurance in Mumbai typically ranges from ₹8.1 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Senior Manager in Mumbai at Future Generali India Life Insurance earn more than ₹23.6 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Senior 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 40+ Future Generali India Life Insurance employees in India.
What is the estimated take home salary of a Senior Manager at Future Generali India Life Insurance in Mumbai?
The estimated take-home salary of a Senior Manager at Future Generali India Life Insurance in Mumbai typically ranges from ₹1,31,134 to ₹1,35,873 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 10 years to 20 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 40+ 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 Senior Manager at Future Generali India Life Insurance in Mumbai?
To be a Senior Manager at Future Generali India Life Insurance in Mumbai, the key skills required include:

  • - Senior Management
  • - Team Management
  • - Actuarial
  • - Pricing
  • - WCF

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 Senior Manager in India?
Ageas Federal Life Insurance ₹14.0 Lakhs to ₹34.5 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 Senior Manager in companies similar to Future Generali India Life Insurance in Mumbai?
The salary of a Senior 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:

Marsh ₹11.9 Lakhs to ₹25.8 Lakhs per year
Magma HDI General Insurance ₹12.0 Lakhs to ₹23.0 Lakhs per year
Universal Sompo General Insurance ₹14.8 Lakhs to ₹19.5 Lakhs per year
Edelweiss Life Insurance ₹9.0 Lakhs to ₹29.2 Lakhs per year
IndiaFirst Life Insurance ₹6.2 Lakhs to ₹22.5 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 Manager at Future Generali India Life Insurance in Mumbai?
The salary growth for a Senior Manager at Future Generali India Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at Future Generali India Life Insurance:

Experience Average Salary Range
10 years ₹12.3 Lakhs to ₹22.0 Lakhs per year
11 years ₹15.0 Lakhs to ₹22.5 Lakhs per year
12 years ₹12.0 Lakhs to ₹34.4 Lakhs per year
13 years ₹17.4 Lakhs to ₹22.3 Lakhs per year
and so on.

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Future Generali India Life Insurance Senior Manager salary in Mumbai ranges between ₹8.1 Lakhs to ₹28 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 40 Future Generali India Life Insurance latest salaries received from various employees of Future Generali India Life Insurance.