Insurance Company Mumbai Bancassurance Manager Salaries by Employees (Updated 2024)

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₹5.4 Lakhs - ₹6.9 Lakhs

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Last Updated: 6 Jul 2024

Companies similar to Insurance Company for Bancassurance Manager in Mumbai

Insurance Company Bancassurance Manager Salary

4 years exp. (AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Bancassurance Manager Salary 0 - 12 years exp. (138 salaries)	₹3.3 L/yr - ₹7 L/yr 6% less	3 job openings
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 7 years exp. (10 salaries)	₹3.5 L/yr - ₹5.8 L/yr 11% less
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Magma HDI General Insurance Bancassurance Manager Salary 6 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹6.5 L/yr At par
ICICI Prudential Life Insurance Bancassurance Manager Salary 0 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹6.5 L/yr 37% less
Yes Bank Bancassurance Manager Salary 3 - 5 years exp. (3 salaries)	₹5.5 L/yr - ₹6 L/yr 6% less

Bancassurance Manager salary at Insurance Company ranges between ₹5.4 Lakhs to ₹6.9 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Insurance Company.

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₹4.3 L/yr - ₹5.25 L/yr

Salary related reviews for Insurance Company

Field Executive in Noida Sector 16

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4.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

...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.

Bancassurance

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• posted on 28 Jun 2019

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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.

Dislikes

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

for Salary and Benefits

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.

Dislikes

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.

Customer Care Executive in Only Fraudulent Investigation Officer Take Benefits With This, Only Customer Faces Issue At All The

Contractual

BFSI, Investments & Trading Department

1.0

• posted on 17 Sep 2023

5.0

for Salary and Benefits

Likes

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

Dislikes

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

Time Keeper (working remotely)

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5.0

• 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.

Dislikes

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Insurance Company Bancassurance Manager Salary FAQs

What is the notice period for Bancassurance Manager at Insurance Company in Mumbai?

According to AmbitionBox, 100% of the Insurance Company Bancassurance Managers in Mumbai reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Insurance Company Bancassurance Manager Salaries in Mumbai

Insurance Company Bancassurance Manager salary in Mumbai ranges between ₹5.4 Lakhs to ₹6.9 Lakhs. This is an estimate based on latest salaries received from employees of Insurance Company.