Ideal Insurance Brokers Senior Manager Salaries by 4 Employees

4 - 18 years exp.

₹6 Lakhs - ₹10.5 Lakhs

Low Confidence

Salary of majority employees

63% less than the average Senior Manager Salary in Insurance Companies for 4 - 18 years of experience

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Last Updated: 14 Oct 2023

Companies similar to Ideal Insurance Brokers for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Prudent Insurance Brokers Senior Manager Salary 5 - 17 years exp. (41 salaries)	₹7.5 L/yr - ₹23.9 L/yr 78% more
Alliance Insurance Brokers Senior Manager Salary 5 - 16 years exp. (26 salaries)	₹9 L/yr - ₹15 L/yr 44% more
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SecureNow Insurance Broker Senior Manager Salary 4 - 15 years exp. (15 salaries)	₹7 L/yr - ₹9.2 L/yr 3% less	1 job opening
Tata Motors Insurance Broking And Advisory Services Senior Manager Salary 2 - 18 years exp. (10 salaries)	₹7.6 L/yr - ₹18 L/yr 52% more
Health India Tpa Services Senior Manager Salary 6 - 17 years exp. (9 salaries)	₹6 L/yr - ₹14 L/yr 17% more
Vidal Health Tpa Senior Manager Salary 8 - 17 years exp. (7 salaries)	₹11.7 L/yr - ₹22 L/yr 96% more
Futurisk Insurance Broking Senior Manager Salary 8 - 14 years exp. (7 salaries)	₹9.2 L/yr - ₹13 L/yr 37% more
Unison Insurance Broking Services Senior Manager Salary 7 - 19 years exp. (7 salaries)	₹5.8 L/yr - ₹12 L/yr 7% less
Coverfox Senior Manager Salary 5 - 7 years exp. (5 salaries)	₹12 L/yr - ₹23 L/yr 147% more
Salasar Services Insurance Brokers Senior Manager Salary 9 - 18 years exp. (5 salaries)	₹10 L/yr - ₹14.2 L/yr 46% more
Robinhood Insurance Broker Senior Manager Salary 6 - 16 years exp. (5 salaries)	₹3.6 L/yr - ₹15 L/yr 14% more
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Europ Assistance India Senior Manager Salary 10 - 13 years exp. (4 salaries)	₹8 L/yr - ₹9.2 L/yr 14% more
Medsave Healthcare TPA Senior Manager Salary 5 - 11 years exp. (4 salaries)	₹6 L/yr - ₹8.7 L/yr 6% less
Docland Senior Manager Salary 2 - 4 years exp. (4 salaries)	₹3.8 L/yr - ₹5 L/yr 43% less
Health Insurance TPA of India Senior Manager Salary 7 - 12 years exp. (3 salaries)	₹10 L/yr - ₹11.3 L/yr 30% more

Senior Manager salary at Ideal Insurance Brokers ranges between ₹6 Lakhs to ₹10.5 Lakhs per year for employees with experience between 4 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Ideal Insurance Brokers.

Experience wise Ideal Insurance Brokers Senior Manager salaries

Last Updated: 14 Oct 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹10.5 L/yr
5 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
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6 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
8 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
10 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
15+ years (AmbitionBox Estimate)	₹6 L/yr - ₹13.1 L/yr

View all

Similar Designation salaries in Ideal Insurance Brokers

Regional Manager Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Deputy Manager Salary

(6 salaries)

₹5 L/yr - ₹10.8 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Area Manager Salary

(4 salaries)

₹4.5 L/yr - ₹8.1 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Relationship Manager Salary

(4 salaries)

₹2.75 L/yr - ₹4.5 L/yr

Sales Executive Salary

(4 salaries)

₹1.45 L/yr - ₹2.5 L/yr

Salary related reviews for Ideal Insurance Brokers

3.4

Rated by 3 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

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Ideal Insurance Brokers Senior Manager Salary FAQs

What is the salary of Senior Manager at Ideal Insurance Brokers ?

The average salary of a Senior Manager at Ideal Insurance Brokers in India typically ranges from ₹6.0 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 4 years to 18 years).

The top 10% of Senior Manager at Ideal Insurance Brokers earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Senior Manager Salaries at Ideal Insurance Brokers 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 4 Ideal Insurance Brokers employees in India.

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

The estimated take-home salary of a Senior Manager at Ideal Insurance Brokers in India typically ranges from ₹59,184 to ₹60,678 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 4 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 4 salaries received from various employees of Ideal Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ideal Insurance Brokers for Senior Manager in India?

Coverfox	₹12.0 Lakhs to ₹23.0 Lakhs per year
Vidal Health Tpa	₹11.7 Lakhs to ₹22.0 Lakhs per year
Prudent Insurance Brokers	₹7.5 Lakhs to ₹23.9 Lakhs per year
Tata Motors Insurance Broking And Advisory Services	₹7.6 Lakhs to ₹18.0 Lakhs per year
Salasar Services Insurance Brokers	₹10.0 Lakhs to ₹14.2 Lakhs per year

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

What is the salary of a Senior Manager in companies similar to Ideal Insurance Brokers in India?

The salary of a Senior Manager at companies similar to Ideal Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Alliance Insurance Brokers	₹9.0 Lakhs to ₹15.0 Lakhs per year
Futurisk Insurance Broking	₹9.2 Lakhs to ₹13.0 Lakhs per year
Health Insurance TPA of India	₹10.0 Lakhs to ₹11.3 Lakhs per year
Health India Tpa Services	₹6.0 Lakhs to ₹14.0 Lakhs per year
Robinhood Insurance Broker	₹3.6 Lakhs to ₹15.0 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 Senior Manager at Ideal Insurance Brokers in India?

The salary growth for a Senior Manager at Ideal Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Senior Manager can expect the following growth trajectory at Ideal Insurance Brokers:

Experience	Average Salary Range
4 years	₹3.6 Lakhs to ₹10.5 Lakhs per year
5 years	₹8.0 Lakhs to ₹10.2 Lakhs per year
6 years	₹7.9 Lakhs to ₹10.0 Lakhs per year
7 years	₹7.7 Lakhs to ₹9.9 Lakhs per year

and so on.

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Ideal Insurance Brokers Senior Manager Salaries

Ideal Insurance Brokers Senior Manager salary in India ranges between ₹6 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ideal Insurance Brokers latest salaries received from various employees of Ideal Insurance Brokers.