Insurance Company Mumbai Bancassurance Manager Salaries by Employees (Updated 2025)

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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. (140 salaries)	₹2.7 L/yr - ₹7 L/yr 8% less	5 job openings
Tata AIA Life Insurance Bancassurance Manager Salary 3 - 10 years exp. (13 salaries)	₹3.5 L/yr - ₹7.5 L/yr 10% less	1 job opening
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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 3% less
Yes Bank Bancassurance Manager Salary 3 - 5 years exp. (3 salaries)	₹5.5 L/yr - ₹6 L/yr 8% less
HDFC Ergo General Insurance Bancassurance Manager Salary 8 - 10 years exp. (3 salaries)	₹8.5 L/yr - ₹9.5 L/yr 45% more

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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Salary related reviews for Insurance Company

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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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...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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Time Keeper (working remotely)

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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.

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Dislikes

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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.