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IndiaFirst Life Insurance Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
4 - 11 years exp.
₹4.2 Lakhs - ₹9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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27% less than the average Assistant Manager Salary in Insurance Companies for 4 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
4 - 10 years exp. (21 salaries)
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₹4.2 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
4 - 11 years exp. (15 salaries)
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₹4.4 L/yr - ₹7.6 L/yr

Finance & Accounting
Assistant Manager Salary
5 - 10 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹9 L/yr

Sales & Business Development
Assistant Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.2 L/yr

Administration & Facilities
Assistant Manager Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹6.4 L/yr

View all

Last Updated: 6 Jan 2025

Companies similar to IndiaFirst Life Insurance for Assistant Manager in Mumbai

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IndiaFirst Life Insurance Assistant Manager Salary

4 - 11 years exp. (48 salaries)

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₹4.2 L/yr - ₹9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹9.5 L/yr

arrow icon 7% less
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Medi Assist India Assistant Manager Salary

5 - 14 years exp. (88 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 3% more
2 job openings
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₹4.1 L/yr - ₹12.5 L/yr

arrow icon 38% more
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₹4.4 L/yr - ₹12.2 L/yr

arrow icon 28% more
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₹4 L/yr - ₹8 L/yr

arrow icon 1% less
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₹3.8 L/yr - ₹16.5 L/yr

arrow icon 50% more
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PNB MetLife Assistant Manager Salary

2 - 11 years exp. (55 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 18% less
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₹4 L/yr - ₹11.1 L/yr

arrow icon 18% more
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₹4.5 L/yr - ₹9 L/yr

arrow icon 8% more
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₹1.6 L/yr - ₹6.2 L/yr

arrow icon 38% less
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Aegon Life Insurance Assistant Manager Salary

4 - 15 years exp. (40 salaries)

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₹3.5 L/yr - ₹9.3 L/yr

arrow icon 2% less
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₹3.5 L/yr - ₹11.5 L/yr

arrow icon 34% more
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Family Health Plan Assistant Manager Salary

5 - 10 years exp. (13 salaries)

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₹3 L/yr - ₹4.9 L/yr

arrow icon 32% less
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₹4.8 L/yr - ₹9.3 L/yr

arrow icon 9% more
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₹11 L/yr - ₹15.5 L/yr

arrow icon 100% more
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₹11 L/yr - ₹16.5 L/yr

arrow icon 135% more
Assistant Manager salary at IndiaFirst Life Insurance ranges between ₹4.2 Lakhs to ₹9 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 48 latest salaries received from various employees of IndiaFirst Life Insurance.

Latest annual salaries shared by IndiaFirst Life Insurance Assistant Manager in Mumbai

2mo ago
₹4.4 Lakhs
6 years exp.
3mo ago
₹6.6 Lakhs
10 years exp.
4mo ago
₹5.8 Lakhs
7 years exp.
4mo ago
₹4.9 Lakhs
9 years exp.
4mo ago
₹5.1 Lakhs
6 years exp.
6mo ago
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7 years exp.
6mo ago
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10 years exp.
8mo ago
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5 years exp.
9mo ago
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6 years exp.
10mo ago
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5 years exp.

Experience wise IndiaFirst Life Insurance Assistant Manager salaries in Mumbai

Last Updated: 6 Jan 2025

Experience Avg Annual Salary
4 years  (3 salaries)

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₹5 L/yr - ₹8 L/yr
5 years  (7 salaries)

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₹5 L/yr - ₹9 L/yr
6 years  (8 salaries)

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₹4.4 L/yr - ₹8 L/yr
7 years  (10 salaries)

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₹4.5 L/yr - ₹9 L/yr
8 years  (6 salaries)

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₹2.5 L/yr - ₹7.2 L/yr
View all

Similar Designation salaries in IndiaFirst Life Insurance

Deputy Manager Salary
(58 salaries)
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₹4 L/yr - ₹10.7 L/yr
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₹7.77 L/yr - ₹14.1 L/yr
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₹2.2 L/yr - ₹3.45 L/yr

Top skills at IndiaFirst Life Insurance for Assistant Manager

Customer Complaints Finance Payroll Customer Complaints Vendor Management

Salary related reviews for IndiaFirst Life Insurance

4.7

Rated by 9 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 18 Feb 2019

5.0
 for  Salary and Benefits

Likes

This company is open to innovation and readly adopts latest technology, I have got lots of certificates and quite good experience and enjoyed moments of outing with coworkers .

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary growth is too slow

BFSI, Investments & Trading Department

1.0
  •  posted on 29 Jun 2022

1.0
 for  Salary and Benefits

Likes

Company is good ,but hr is not helpful and Abh Mr.jegan jeevanadham is working on South tamilnadu hr is very cheap behaviour ,he suck your salary and buy medqls and gift for the branch manager ,he not even listen your words at any situation pls don't join , company is good but ABH are very bad

read more

Dislikes

I like this company very much but Mr.Jegan jeevanadham is very bad while speaking and not given leave for any situation it including death also very worst I ever seen in my career

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Feb 2025

1.0
 for  Salary and Benefits

Likes

Office entry time is 11am

  • Work-life balance - Good

Dislikes

Don't join here at the post of Insurance Advisor. No fixed salary. You will get commission when you sales insurance policy. Your fixed salary will be started when you sale rupees 1.5 lakhs of policy. As a fresher you will struggle to get customers to sale policy as company will not provide leads. So you will not have any other options except convincing your family and relatives.

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  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 28 Jan 2025

3.0
 for  Salary and Benefits

Likes

Constant training for improvement that's likeable

Dislikes

Reaching 100% target can never satisfy them while salary are not justifyable according to the work load. And management always scolding the employee while In my 8 months 6 of them resign due to over load work pressure and frequent scolding using inappropriate verbal

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Jun 2023

4.0
 for  Salary and Benefits

Likes

Such a lier leaders please request do not joing this campany salary high par mat jana kam chahe mam package meh kahi or join karlena. Lucknow meh inka office hai please if you want stay happy zara bhi please not join

read more
  • Salary - Good

Dislikes

Working seven days hr still not say yo how mucj waste leader in this company pressure like lala ki dukkan 10am to 11 pm

  • Skill development - Bad
  • +5 more
see more salary related reviews

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IndiaFirst Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at IndiaFirst Life Insurance in Mumbai?
The average salary of a Assistant Manager at IndiaFirst Life Insurance in Mumbai typically ranges from ₹4.2 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Assistant Manager in Mumbai at IndiaFirst Life Insurance earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Assistant Manager Salaries at IndiaFirst 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+ IndiaFirst Life Insurance employees in India.
What is the estimated take home salary of a Assistant Manager at IndiaFirst Life Insurance in Mumbai?
The estimated take-home salary of a Assistant Manager at IndiaFirst Life Insurance in Mumbai typically ranges from ₹46,524 to ₹47,627 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 4 years to 11 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 IndiaFirst Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at IndiaFirst Life Insurance in Mumbai?
To be a Assistant Manager at IndiaFirst Life Insurance in Mumbai, the key skills required include:

  • - Customer Complaints
  • - Finance
  • - Payroll
  • - Customer Complaints
  • - Vendor Management

These skills are highly valued at IndiaFirst Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IndiaFirst Life Insurance for Assistant Manager in India?
National Insurance Company ₹11.0 Lakhs to ₹16.5 Lakhs per year
Royal Sundaram General Insurance ₹11.0 Lakhs to ₹15.5 Lakhs per year
Ageas Federal Life Insurance ₹3.8 Lakhs to ₹16.5 Lakhs per year
Future Generali India Life Insurance ₹4.1 Lakhs to ₹12.5 Lakhs per year
Bharti AXA Life Insurance ₹3.5 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IndiaFirst Life Insurance, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to IndiaFirst Life Insurance in Mumbai?
The salary of a Assistant Manager at companies similar to IndiaFirst Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ManipalCigna Health Insurance ₹4.4 Lakhs to ₹12.2 Lakhs per year
Edelweiss Life Insurance ₹4.0 Lakhs to ₹11.1 Lakhs per year
CignaTTk Health Insurance ₹4.8 Lakhs to ₹9.3 Lakhs per year
Universal Sompo General Insurance ₹4.5 Lakhs to ₹9.0 Lakhs per year
Medi Assist India ₹3.5 Lakhs to ₹8.0 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 Assistant Manager at IndiaFirst Life Insurance in Mumbai?
The salary growth for a Assistant Manager at IndiaFirst Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at IndiaFirst Life Insurance:

Experience Average Salary Range
4 years ₹5.0 Lakhs to ₹8.0 Lakhs per year
5 years ₹5.0 Lakhs to ₹9.0 Lakhs per year
6 years ₹4.4 Lakhs to ₹8.0 Lakhs per year
7 years ₹4.5 Lakhs to ₹9.0 Lakhs per year
and so on.

Tell us how to improve this page.

IndiaFirst Life Insurance Assistant Manager salary in Mumbai ranges between ₹4.2 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 48 IndiaFirst Life Insurance latest salaries received from various employees of IndiaFirst Life Insurance.