Upload Button Icon Add office photos
filter salariesFilter salaries by

IndiaFirst Life Insurance Operations Manager salaries in Mumbai

Annual salary range
14 - 16 years exp.
₹7.8 Lakhs - ₹14.1 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

At par with the average Operations Manager Salary in Insurance Companies for 14 - 16 years of experience

Interested in this particular role?

Last Updated: 24 Jun 2024

Companies similar to IndiaFirst Life Insurance for Operations Manager in Mumbai

Logo
IndiaFirst Life Insurance Operations Manager Salary

14 - 16 years exp. (4 salaries)

unlock blur

₹7.8 L/yr - ₹14.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Medi Assist India Operations Manager Salary

7 - 18 years exp. (5 salaries)

unlock blur

₹6.5 L/yr - ₹12 L/yr

arrow icon 13% less
unlock blur

₹3.8 L/yr - ₹9.8 L/yr

arrow icon 36% less
Logo
PNB MetLife Operations Manager Salary

8 - 11 years exp. (3 salaries)

unlock blur

₹7.7 L/yr - ₹11.2 L/yr

arrow icon 23% less
unlock blur

₹5 L/yr - ₹7 L/yr

arrow icon 34% less
unlock blur

₹1.8 L/yr - ₹8.1 L/yr

arrow icon 64% less
Operations Manager salary at IndiaFirst Life Insurance ranges between ₹7.8 Lakhs to ₹14.1 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of IndiaFirst Life Insurance.

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

9mo ago
₹14.1 Lakhs
16 years exp.
9mo ago
₹14.1 Lakhs
15 years exp.
9mo ago
₹14.1 Lakhs
15 years exp.

Experience wise IndiaFirst Life Insurance Operations Manager salaries in Mumbai

Last Updated: 24 Jun 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

unlock blur

₹10.8 L/yr - ₹13.8 L/yr
15+ years  (3 salaries)

unlock blur

₹5.2 L/yr - ₹14.1 L/yr

Similar Designation salaries in IndiaFirst Life Insurance

Deputy Manager Salary
(58 salaries)
unlock blur
₹4 L/yr - ₹10.7 L/yr
unlock blur
₹2.05 L/yr - ₹5.7 L/yr
unlock blur
₹2 L/yr - ₹7 L/yr
unlock blur
₹10.9 L/yr - ₹18 L/yr
unlock blur
₹2.2 L/yr - ₹3.45 L/yr

Salary related reviews for IndiaFirst Life Insurance

5.0

Rated by 1 employees for salary & benefits

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

Life Insurance Department

4.0
  •  posted on 14 Nov 2021

3.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but doesn't address our issues. There is a bound of 1 years before which you cannot resign. On the job training is not given to new joiners.

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 17 Jan 2022

2.0
 for  Salary and Benefits

Likes

Great company but on salary front they will try every other dirty trick so that they don't have to give you incentive. On business month they will add too many conditions so that they can save and don't have to give our hard earn incentive.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Poor Incentive structure. Too many conditions for rewards. Doesn't feel like family. No team outings.

  • Salary - Poor

Other Department

5.0
  •  posted on 23 Feb 2021

5.0
 for  Salary and Benefits

Likes

In covid time we are getting salary ,,, after 4th month voluntarily Rbh and HR push for Resigned ... here no job security no humanity's bcz higher position people want to safer side ...

read more
  • Salary - Excellent
  • +1 more

Dislikes

Because RBH and HR only good here ,,, basically HR work here for RBH and ZBH ...

  • Job security - Bad
  • +3 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.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

IndiaFirst Life Insurance Operations Manager Salary FAQs

What is the salary of Operations Manager at IndiaFirst Life Insurance in Mumbai?
The average salary of a Operations Manager at IndiaFirst Life Insurance in Mumbai typically ranges from ₹7.8 Lakhs to ₹14.1 Lakhs per year, depending on experience (from 14 years to 16 years).

The top 10% of Operations Manager in Mumbai at IndiaFirst Life Insurance earn more than ₹14.1 Lakhs per year, and the top 1% earn over ₹14.1 Lakhs per year. Operations 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 4 IndiaFirst Life Insurance employees in India.
What is the estimated take home salary of a Operations Manager at IndiaFirst Life Insurance in Mumbai?
The estimated take-home salary of a Operations Manager at IndiaFirst Life Insurance in Mumbai typically ranges from ₹75,973 to ₹77,941 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹14.1 Lakhs per year for employees with experience ranging from 14 years to 16 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 IndiaFirst Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Operations Manager in companies similar to IndiaFirst Life Insurance in Mumbai?
The salary of a Operations 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:

Medi Assist India ₹6.5 Lakhs to ₹12.0 Lakhs per year
PNB MetLife ₹7.7 Lakhs to ₹11.2 Lakhs per year
Edelweiss Life Insurance ₹5.0 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Health Insurance Co ₹3.8 Lakhs to ₹9.8 Lakhs per year
ICICI Lombard General Insurance Company ₹1.8 Lakhs to ₹8.1 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 Operations Manager at IndiaFirst Life Insurance in Mumbai?
The salary growth for a Operations Manager at IndiaFirst Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Operations Manager in Mumbai can expect the following growth trajectory at IndiaFirst Life Insurance:

Experience Average Salary Range
14 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
15 years ₹5.2 Lakhs to ₹14.1 Lakhs per year
and so on.

Tell us how to improve this page.

IndiaFirst Life Insurance Operations Manager salary in Mumbai ranges between ₹7.8 Lakhs to ₹14.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IndiaFirst Life Insurance latest salaries received from various employees of IndiaFirst Life Insurance.