Ideal Insurance Brokers Mumbai Assistant Manager Salaries by 6 Employees (Updated 2025)

0 - 5 years exp.

₹3.5 Lakhs - ₹5.7 Lakhs

Salary of majority employees

43% less than the average Assistant Manager Salary in Insurance Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.3 L/yr
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Finance & Accounting Assistant Manager Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.7 L/yr

Last Updated: 13 Oct 2023

Companies similar to Ideal Insurance Brokers for Assistant Manager in Mumbai

Ideal Insurance Brokers Assistant Manager Salary

0 - 5 years exp. (6 salaries)

₹3.5 L/yr - ₹5.7 L/yr

Company name	Avg Annual Salary	Open Jobs
PolicyBazaar Assistant Manager Salary 5 - 11 years exp. (10 salaries)	₹5.5 L/yr - ₹11 L/yr 103% more	2 job openings
Coverfox Assistant Manager Salary 2 - 12 years exp. (8 salaries)	₹5 L/yr - ₹8.5 L/yr 42% more
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Reliance General Insurance Assistant Manager Salary 1 - 11 years exp. (12 salaries)	₹3 L/yr - ₹6 L/yr 4% more
ICICI Lombard General Insurance Company Assistant Manager Salary 2 - 10 years exp. (23 salaries)	₹3 L/yr - ₹9.3 L/yr 29% more
Bajaj Allianz General Insurance Assistant Manager Salary 1 - 16 years exp. (66 salaries)	₹5.2 L/yr - ₹10 L/yr 69% more	4 job openings
HDFC Ergo General Insurance Assistant Manager Salary 1 - 11 years exp. (107 salaries)	₹2.9 L/yr - ₹7.3 L/yr 4% more
Tata AIG Assistant Manager Salary 7 - 15 years exp. (5 salaries)	₹5 L/yr - ₹7.3 L/yr 33% more
The New India Assurance Co. Assistant Manager Salary 7 - 11 years exp. (8 salaries)	₹11 L/yr - ₹18 L/yr 222% more
United India Insurance Company Assistant Manager Salary 6 - 11 years exp. (4 salaries)	₹11 L/yr - ₹19 L/yr 236% more
National Insurance Company Assistant Manager Salary 7 - 9 years exp. (4 salaries)	₹11 L/yr - ₹16.5 L/yr 202% more
Alliance Insurance Brokers Assistant Manager Salary 1 - 9 years exp. (35 salaries)	₹3 L/yr - ₹9 L/yr 35% more
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Health India Tpa Services Assistant Manager Salary 2 - 11 years exp. (32 salaries)	₹3.1 L/yr - ₹6.7 L/yr At par
Prudent Insurance Brokers Assistant Manager Salary 3 - 12 years exp. (23 salaries)	₹3.7 L/yr - ₹11 L/yr 49% more	2 job openings
Tata Motors Insurance Broking And Advisory Services Assistant Manager Salary 1 - 12 years exp. (20 salaries)	₹5 L/yr - ₹10 L/yr 51% more
Robinhood Insurance Broker Assistant Manager Salary 2 - 15 years exp. (11 salaries)	₹4 L/yr - ₹6.5 L/yr 17% more
Unison Insurance Broking Services Assistant Manager Salary 3 - 10 years exp. (10 salaries)	₹4 L/yr - ₹8.5 L/yr 42% more
Europ Assistance India Assistant Manager Salary 7 - 13 years exp. (6 salaries)	₹5.7 L/yr - ₹8.5 L/yr 52% more
Raksha TPA Assistant Manager Salary 8 - 14 years exp. (5 salaries)	₹4.8 L/yr - ₹5.1 L/yr 5% more
Health Insurance TPA of India Assistant Manager Salary 4 - 11 years exp. (5 salaries)	₹5.2 L/yr - ₹6.1 L/yr 26% more
Salasar Services Insurance Brokers Assistant Manager Salary 3 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹6 L/yr 13% more

Assistant Manager salary at Ideal Insurance Brokers ranges between ₹3.5 Lakhs to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Ideal Insurance Brokers.

Experience wise Ideal Insurance Brokers Assistant Manager salaries in Mumbai

Last Updated: 13 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.7 L/yr
1 year (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.3 L/yr

View all

Similar Designation salaries in Ideal Insurance Brokers

CEO Salary

(3 salaries)

₹31.5 L/yr - ₹40.2 L/yr

Salary related reviews for Ideal Insurance Brokers

1.0

Rated by 2 employees for salary & benefits

Assistant Manager IT Operations in Kolkata

Full Time

IT Department

5.0

• posted on 15 Aug 2019

5.0

for Salary and Benefits

Likes

Higher position people also in good condition but middel range people so so..but most good part is company never hold anyone salary. And very smooth leaving policy.

Salary - Excellent

+5 more

Dislikes

Missing middle leval management and senior HR.

Manager in Pune

business Development Department

1.0

• posted on 23 Mar 2018

1.0

for Salary and Benefits

Likes

...ot at all good to join as its waste of time & you will get only dissatisfaction. With any reason company always hold the salary. Director don't have any long-term vision. Unprofessional culture & HR processes.

Dislikes

No ethics of work & Very unprofessional in HR Processes. Not a good company to work. Everyday targets will get change. Hire & fire method of recruitment.

Salary - Bad

+6 more

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Dec 2023

3.0

for Salary and Benefits

Likes

Colleagues are helpful

Dislikes

Biased Management in Kolkata with horrible HR,based at Delhi; Buttering the seniors has become the factor for employees to get promotion & increment; Thus favouritism is prevailing at the moment (both for getting promotion & for acquiring the facility for working from home)

Job security - Bad

+3 more

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 04 Sep 2023

2.0

for Salary and Benefits

Likes

You will get the opportunity to learn and develop your skills colleague and seniors are supportive in terms of learning. And everything else you got to handle on your own.

Skill development - Good

Dislikes

Management is very disturbed, politics involved, HR are worthless. Company policies are biased. Even the sales team doesn't get priority or respect over here.

Salary - Poor

+3 more

Deputy General Manager in Multiple Location

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 27 Apr 2023

5.0

for Salary and Benefits

Likes

I have recieved warmest welcome from the Leaders of the Company. I would like to Mention Mr Rahul Agarwal is one of the most humble, passionate & a go ahead on new ideas person. We work as a family and grow together. Its a privileged to be associated to the Top 50 Brands of India, not to forget a Family who works together & parties harder.

Salary - Excellent

+6 more

Dislikes

There are no dislikes when you want to work long term in any Organisation. My rather suggestion is to improve and upgrade my skills with them and work together & closely as a Family

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Ideal Insurance Brokers Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Ideal Insurance Brokers Mumbai?

Assistant Manager salary at Ideal Insurance Brokers in Mumbai ranges between ₹3.5 Lakhs to ₹5.7 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 43% less than the average Assistant Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Ideal Insurance Brokers Mumbai.

How does the salary of a Assistant Manager at Ideal Insurance Brokers Mumbai compare with the average salary range for this job?

The average salary of a Assistant Manager at Ideal Insurance Brokers is 43% less than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Ideal Insurance Brokers to a Assistant Manager in Mumbai?

United India Insurance Company Assistant Manager Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year
The New India Assurance Co. Assistant Manager Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
National Insurance Company Assistant Manager Salary - ₹11.0 Lakhs to ₹16.5 Lakhs per year
PolicyBazaar Assistant Manager Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
Bajaj Allianz General Insurance Assistant Manager Salary - ₹5.2 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Ideal Insurance Brokers in Mumbai?

Europ Assistance India Assistant Manager Salary - ₹5.7 Lakhs to ₹8.5 Lakhs per year
Tata Motors Insurance Broking And Advisory Services Assistant Manager Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
Prudent Insurance Brokers Assistant Manager Salary - ₹3.7 Lakhs to ₹11.0 Lakhs per year
Coverfox Assistant Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year
Unison Insurance Broking Services Assistant Manager Salary - ₹4.0 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Ideal Insurance Brokers in Mumbai?

The estimated take-home salary of a Assistant Manager at Ideal Insurance Brokers ranges between ₹35,191 per month to ₹36,427 per month in Mumbai. The take-home salary calculation is based on the average Ideal Insurance Brokers Assistant Manager salary in India which ranges between ₹3.5 Lakhs to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Ideal Insurance Brokers in Mumbai?

According to AmbitionBox, 67% of the Ideal Insurance Brokers Assistant Managers in Mumbai reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Ideal Insurance Brokers Assistant Manager Salaries in Mumbai

Ideal Insurance Brokers Assistant Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Ideal Insurance Brokers latest salaries received from various employees of Ideal Insurance Brokers.