Hero Insurance Broking India Area Manager Salaries by 5 Employees (Updated 2024)

4 - 9 years exp.

₹4.6 Lakhs - ₹5.4 Lakhs

Salary of majority employees

49% less than the average Area Manager Salary in Insurance Companies for 4 - 9 years of experience

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Salaries in different departments

Marketing & Communication Area Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.4 L/yr
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Sales & Business Development Area Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5 L/yr

Last Updated: 25 Feb 2024

Companies similar to Hero Insurance Broking India for Area Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Area Manager Salary 5 - 18 years exp. (67 salaries)	₹6.8 L/yr - ₹18.8 L/yr 152% more
HDFC Ergo General Insurance Area Manager Salary 7 - 20 years exp. (41 salaries)	₹6.6 L/yr - ₹12.5 L/yr 90% more
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Bajaj Allianz General Insurance Area Manager Salary 7 - 15 years exp. (16 salaries)	₹5.2 L/yr - ₹18 L/yr 111% more
Reliance General Insurance Area Manager Salary 8 - 18 years exp. (20 salaries)	₹6.9 L/yr - ₹21 L/yr 160% more
Tata AIG Area Manager Salary 6 - 19 years exp. (23 salaries)	₹6.3 L/yr - ₹13 L/yr 99% more
Future Generali India Life Insurance Area Manager Salary 13 - 19 years exp. (40 salaries)	₹10.1 L/yr - ₹18.5 L/yr 220% more	3 job openings
Robinhood Insurance Broker Area Manager Salary 8 - 18 years exp. (8 salaries)	₹6.6 L/yr - ₹15 L/yr 98% more
Spectrum Insurance Distribution Area Manager Salary 4 - 17 years exp. (5 salaries)	₹3.7 L/yr - ₹11 L/yr 57% more
Ideal Insurance Brokers Area Manager Salary 6 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹8.1 L/yr 26% more
India Insure Risk Management Insurance Broking Services Area Manager Salary 11 - 14 years exp. (3 salaries)	₹8.3 L/yr - ₹10.6 L/yr 88% more
Salasar Services Insurance Brokers Area Manager Salary 3 - 10 years exp. (3 salaries)	₹4.2 L/yr - ₹9.3 L/yr 26% more
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Area Manager salary at Hero Insurance Broking India ranges between ₹4.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Hero Insurance Broking India.

Experience wise Hero Insurance Broking India Area Manager salaries

Last Updated: 25 Feb 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.6 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.7 L/yr
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6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr

View all

Similar Designation salaries in Hero Insurance Broking India

Sales Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Area Sales Manager Salary

(8 salaries)

₹7.25 L/yr - ₹10 L/yr

Deputy Manager Salary

(13 salaries)

₹9.5 L/yr - ₹13.59 L/yr

Marketing Manager Salary

(3 salaries)

₹3 L/yr - ₹7 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Team Lead Salary

(3 salaries)

₹6 L/yr - ₹7.8 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Relationship Manager Salary

(3 salaries)

₹4.2 L/yr - ₹5.5 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Territory Sales Manager Salary

(3 salaries)

₹11.6 L/yr - ₹14.5 L/yr

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Hero Insurance Broking India Area Manager Salary FAQs

What is the salary of Area Manager at Hero Insurance Broking India?

Area Manager salary at Hero Insurance Broking India in India ranges between ₹4.6 Lakhs to ₹5.4 Lakhs for experience between 4 years to 9 years. According to our estimates it is 49% less than the average Area Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Hero Insurance Broking India India.

How does the salary of a Area Manager at Hero Insurance Broking India India compare with the average salary range for this job?

The average salary of a Area Manager at Hero Insurance Broking India is 49% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Hero Insurance Broking India to a Area Manager in India?

Future Generali India Life Insurance Area Manager Salary - ₹10.1 Lakhs to ₹18.5 Lakhs per year
Reliance General Insurance Area Manager Salary - ₹6.9 Lakhs to ₹21.0 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.8 Lakhs per year
Bajaj Allianz General Insurance Area Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
Tata AIG Area Manager Salary - ₹6.3 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Area Manager in companies similar to Hero Insurance Broking India in India?

Robinhood Insurance Broker Area Manager Salary - ₹6.6 Lakhs to ₹15.0 Lakhs per year
HDFC Ergo General Insurance Area Manager Salary - ₹6.6 Lakhs to ₹12.5 Lakhs per year
India Insure Risk Management Insurance Broking Services Area Manager Salary - ₹8.3 Lakhs to ₹10.6 Lakhs per year
Spectrum Insurance Distribution Area Manager Salary - ₹3.7 Lakhs to ₹11.0 Lakhs per year
Salasar Services Insurance Brokers Area Manager Salary - ₹4.2 Lakhs to ₹9.3 Lakhs per year

What is the estimated take home salary of a Area Manager at Hero Insurance Broking India in India?

The estimated take-home salary of a Area Manager at Hero Insurance Broking India ranges between ₹36,637 per month to ₹37,852 per month in India. The take-home salary calculation is based on the average Hero Insurance Broking India Area Manager salary in India which ranges between ₹4.6 Lakhs to ₹5.4 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Hero Insurance Broking India?

According to AmbitionBox, 67% of the Hero Insurance Broking India Area Managers reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Hero Insurance Broking India Area Manager Salaries

Hero Insurance Broking India Area Manager salary in India ranges between ₹4.6 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Hero Insurance Broking India latest salaries received from various employees of Hero Insurance Broking India.