Insurance Company Area Manager Salaries by 5 Employees (Updated 2025)

7 - 20 years exp.

₹9.4 Lakhs - ₹11.2 Lakhs

Low Confidence

Salary of majority employees

At par with the average Area Manager Salary in Real Estate Companies for 7 - 20 years of experience

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Last Updated: 6 Feb 2025

Companies similar to Insurance Company for Area Manager

Company name	Avg Annual Salary	Open Jobs
Cushman & Wakefield Area Manager Salary 12 - 23 years exp. (5 salaries)	₹17.8 L/yr - ₹23.5 L/yr 145% more
NoBroker Area Manager Salary 5 - 8 years exp. (5 salaries)	₹10.4 L/yr - ₹12.5 L/yr 22% more
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ASSA ABLOY Area Manager Salary 0 - 14 years exp. (3 salaries)	₹9 L/yr - ₹14.5 L/yr 18% more
Bandhan Bank Area Manager Salary 0 - 15 years exp. (444 salaries)	₹2.6 L/yr - ₹10 L/yr 45% less
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (368 salaries)	₹5.8 L/yr - ₹13.1 L/yr 2% more	27 job openings

Area Manager salary at Insurance Company ranges between ₹9.4 Lakhs to ₹11.2 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Insurance Company.

Experience wise Insurance Company Area Manager salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.7 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.3 L/yr
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9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.3 L/yr
10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
12 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
14 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
15+ years (AmbitionBox Estimate)	₹3.8 L/yr - ₹11.2 L/yr

View all

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₹7.6 L/yr - ₹9.7 L/yr

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₹3.6 L/yr - ₹4.6 L/yr

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₹2.2 L/yr - ₹3 L/yr

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₹3 L/yr - ₹10.5 L/yr

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Salary related reviews for Insurance Company

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...under a well secured environment and safe work environment while doing our work. Concerning salary and appraisal Unic went extra mile in making sure that we have our salary worth and also do appraisal monthly for promotion chances. The job involves quite lot of traveling and we are being provided with transportation as the case may be. Conflicts challenges were being handled with utmost care and importance and resolutions were made and reconciliation and ensure the signing of codes of ethics by every worker. The work environment in Unic is peaceful and encourages great thinking outside box in problems tackling and every other thing and life in accordance with the job were well planned and our roles took proper care and attendance to our customers.

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Salary - Excellent

+6 more

Dislikes

Iam not convinced with this organization is the best place to continue developing ky career.

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Insurance Company Area Manager Salary FAQs

What is the salary of Area Manager at Insurance Company ?

The average salary of a Area Manager at Insurance Company in India typically ranges from ₹9.4 Lakhs to ₹11.2 Lakhs per year, depending on experience (from 7 years to 20 years).

The top 10% of Area Manager at Insurance Company earn more than ₹11.2 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Area Manager Salaries at Insurance Company 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 5 Insurance Company employees in India.

What is the estimated take home salary of a Area Manager at Insurance Company in India?

The estimated take-home salary of a Area Manager at Insurance Company in India typically ranges from ₹68,729 to ₹70,492 per month. This is based on the average salary range of ₹9.4 Lakhs to ₹11.2 Lakhs per year for employees with experience ranging from 7 years to 20 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 5 salaries received from various employees of Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Insurance Company for Area Manager in India?

Cushman & Wakefield	₹17.8 Lakhs to ₹23.5 Lakhs per year
NoBroker	₹10.4 Lakhs to ₹12.5 Lakhs per year
ASSA ABLOY	₹9.0 Lakhs to ₹14.5 Lakhs per year
ICICI Prudential Life Insurance	₹5.8 Lakhs to ₹13.1 Lakhs per year

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

What is the salary of a Area Manager in companies similar to Insurance Company in India?

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

Bandhan Bank

₹2.6 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 Area Manager at Insurance Company in India?

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

Experience	Average Salary Range
7 years	₹3.8 Lakhs to ₹10.7 Lakhs per year
8 years	₹3.8 Lakhs to ₹10.3 Lakhs per year
9 years	₹3.8 Lakhs to ₹10.3 Lakhs per year
10 years	₹8.5 Lakhs to ₹10.9 Lakhs per year

and so on.

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Insurance Company Area Manager Salaries

Insurance Company Area Manager salary in India ranges between ₹9.4 Lakhs to ₹11.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Insurance Company latest salaries received from various employees of Insurance Company.