Insurance Company Assistant Branch Manager Salaries by 4 Employees

9 - 14 years exp.

₹5 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% more than the average Assistant Branch Manager Salary in Real Estate Companies for 9 - 14 years of experience

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Last Updated: 19 Sep 2023

Companies similar to Insurance Company for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Assistant Branch Manager Salary 5 - 16 years exp. (294 salaries)	₹4 L/yr - ₹7.5 L/yr 14% more
Equitas Small Finance Bank Assistant Branch Manager Salary 3 - 10 years exp. (275 salaries)	₹2.1 L/yr - ₹6 L/yr 27% less	9 job openings
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Future Generali India Life Insurance Assistant Branch Manager Salary 3 - 15 years exp. (249 salaries)	₹3.8 L/yr - ₹7 L/yr 2% less	7 job openings
SYSKA LED Lights Assistant Branch Manager Salary 10 - 22 years exp. (224 salaries)	₹11.6 L/yr - ₹17.4 L/yr 173% more
ICICI Bank Assistant Branch Manager Salary 0 - 10 years exp. (213 salaries)	₹2.5 L/yr - ₹8.5 L/yr 6% less

Assistant Branch Manager salary at Insurance Company ranges between ₹5 Lakhs to ₹6 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Insurance Company.

Experience wise Insurance Company Assistant Branch Manager salaries

Last Updated: 19 Sep 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
14 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

View all

Similar Designation salaries in Insurance Company

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₹6 L/yr - ₹7.95 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Senior Sales Manager Salary

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₹2.8 L/yr - ₹4 L/yr

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Business Manager Salary

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Branch Sales Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Area Manager Salary

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₹9.42 L/yr - ₹11.19 L/yr

Relationship Manager Salary

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₹1.8 L/yr - ₹4.5 L/yr

Salary related reviews for Insurance Company

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4.0

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...agement 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.

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Excellent organization one of the great insurance company in Pakistan. It's multinational company.this company provide me a great working environment. Very highly qualified staff.

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Compensation is decent but growth is low.the work pressure is very high.

Financial Planner in Lagos

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3.0

• posted on 06 Jun 2018

3.0

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Likes

...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.

Skill development - Excellent

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I do not dislike anything in Unic insurance while working for them and am boastful of our relationship till date as okay, fine and pleasing.

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BFSI, Investments & Trading Department

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Only fraudulent investigation officer take benefits with this, only customer faces issue at all the stages after taking policy of companies

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Only fraudulent investigation officer take benefits with this, only customer faces issue at all the stages after taking policy of companies

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• posted on 21 Jul 2023

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Insurance company offers several benefits. Learning all the benefits of working for an insurance company can help you decide if working in the insurance field is the right choice.

Salary - Excellent

+6 more

Dislikes

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

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Salary Discussions, Hike & Promotions

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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Insurance Company Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Insurance Company ?

The average salary of a Assistant Branch Manager at Insurance Company in India typically ranges from ₹5.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Assistant Branch Manager at Insurance Company earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Assistant Branch 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 4 Insurance Company employees in India.

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

The estimated take-home salary of a Assistant Branch Manager at Insurance Company in India typically ranges from ₹40,672 to ₹41,827 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 9 years to 14 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 Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

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

SYSKA LED Lights	₹11.6 Lakhs to ₹17.4 Lakhs per year
Reliance Nippon Life Insurance	₹4.0 Lakhs to ₹7.5 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 Assistant Branch Manager in companies similar to Insurance Company in India?

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

Future Generali India Life Insurance	₹3.8 Lakhs to ₹7.0 Lakhs per year
ICICI Bank	₹2.5 Lakhs to ₹8.5 Lakhs per year
Equitas Small Finance Bank	₹2.1 Lakhs to ₹6.0 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 Branch Manager at Insurance Company in India?

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

Experience	Average Salary Range
9 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
10 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
11 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
12 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Insurance Company Assistant Branch Manager Salaries

Insurance Company Assistant Branch Manager salary in India ranges between ₹5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Insurance Company latest salaries received from various employees of Insurance Company.