India Insure Risk Management Insurance Broking Services Reinsurance Manager Salaries by 4 Employees

6 - 17 years exp.

₹8.3 Lakhs - ₹10 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

At par with the average Reinsurance Manager Salary in Insurance Companies for 6 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations Reinsurance Manager Salary 14 - 17 years exp. (3 salaries)	₹8.3 L/yr - ₹9.4 L/yr
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Risk Management & Compliance Reinsurance Manager Salary 6 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 14 Dec 2024

Companies similar to India Insure Risk Management Insurance Broking Services for Reinsurance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Reinsurance Manager Salary 2 - 6 years exp. (9 salaries)	₹6 L/yr - ₹9.5 L/yr 6% less
HDFC Ergo General Insurance Reinsurance Manager Salary 2 - 15 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 14% less
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SBI General Insurance Reinsurance Manager Salary 7 - 9 years exp. (4 salaries)	₹9.4 L/yr - ₹13.5 L/yr 16% more
Tata AIG Reinsurance Manager Salary 3 - 4 years exp. (4 salaries)	₹6 L/yr - ₹9 L/yr 13% less
EXL Service Reinsurance Manager Salary 13 - 14 years exp. (3 salaries)	₹17 L/yr - ₹21 L/yr 98% more

Reinsurance Manager salary at India Insure Risk Management Insurance Broking Services ranges between ₹8.3 Lakhs to ₹10 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of India Insure Risk Management Insurance Broking Services.

Experience wise India Insure Risk Management Insurance Broking Services Reinsurance Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
14 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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15+ years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr

Similar Designation salaries in India Insure Risk Management Insurance Broking Services

Deputy Manager Salary

(4 salaries)

₹6.5 L/yr - ₹6.6 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for India Insure Risk Management Insurance Broking Services

1.0

Rated by 1 employees for salary & benefits

Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Unprofessionalism, no proper team to work, no training and development, lack work culture, salary not on time and unnoticed salary deduction and need to chase for the same n number of time. HR is not supportive, no proper response to the issues. Heads and seniors are not co operative towards work. No growth, unethical behaviour of heads. Employee benefits lacked. Will recommend not to join. Salary increment is alternate years and no proper increment and bonus is like 15k or 20k which will receive on quarterly basis.

Salary - Bad

+6 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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India Insure Risk Management Insurance Broking Services Reinsurance Manager Salary FAQs

What is the salary of Reinsurance Manager at India Insure Risk Management Insurance Broking Services ?

The average salary of a Reinsurance Manager at India Insure Risk Management Insurance Broking Services in India typically ranges from ₹8.3 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of Reinsurance Manager at India Insure Risk Management Insurance Broking Services earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Reinsurance Manager Salaries at India Insure Risk Management Insurance Broking Services 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 India Insure Risk Management Insurance Broking Services employees in India.

What is the estimated take home salary of a Reinsurance Manager at India Insure Risk Management Insurance Broking Services in India?

The estimated take-home salary of a Reinsurance Manager at India Insure Risk Management Insurance Broking Services in India typically ranges from ₹67,424 to ₹69,151 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 6 years to 17 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 India Insure Risk Management Insurance Broking Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than India Insure Risk Management Insurance Broking Services for Reinsurance Manager in India?

EXL Service	₹17.0 Lakhs to ₹21.0 Lakhs per year
SBI General Insurance	₹9.4 Lakhs to ₹13.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by India Insure Risk Management Insurance Broking Services, depending on the role and experience level.

What is the salary of a Reinsurance Manager in companies similar to India Insure Risk Management Insurance Broking Services in India?

The salary of a Reinsurance Manager at companies similar to India Insure Risk Management Insurance Broking Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company	₹6.0 Lakhs to ₹9.5 Lakhs per year
Tata AIG	₹6.0 Lakhs to ₹9.0 Lakhs per year
HDFC Ergo General Insurance	₹5.7 Lakhs to ₹10.0 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 Reinsurance Manager at India Insure Risk Management Insurance Broking Services in India?

The salary growth for a Reinsurance Manager at India Insure Risk Management Insurance Broking Services depends on factors such as experience, performance, and promotions. On average, a Reinsurance Manager can expect the following growth trajectory at India Insure Risk Management Insurance Broking Services:

Experience	Average Salary Range
6 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
14 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
15 years	₹8.5 Lakhs to ₹10.8 Lakhs per year

and so on.

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India Insure Risk Management Insurance Broking Services Reinsurance Manager Salaries

India Insure Risk Management Insurance Broking Services Reinsurance Manager salary in India ranges between ₹8.3 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 India Insure Risk Management Insurance Broking Services latest salaries received from various employees of India Insure Risk Management Insurance Broking Services.

India Insure Risk Management Insurance Broking Services Reinsurance Manager salaries in India