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Insurance Company Cluster Manager salaries in India (Updated 2025)

Annual salary range
11 - 18 years exp.
₹4.5 Lakhs - ₹8.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (85%)
₹5.6 Lakhs
Variable (15%)
₹1.0 Lakh
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29% less than the average Cluster Manager Salary in Real Estate Companies for 11 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.1 L/yr

Finance & Accounting
Cluster Manager Salary
18 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Last Updated: 3 Feb 2025

Companies similar to Insurance Company for Cluster Manager

Company name Avg Annual Salary Open Jobs
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Knight Frank Cluster Manager Salary

5 - 15 years exp. (4 salaries)

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₹5.6 L/yr - ₹8 L/yr

arrow icon 4% more
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CBRE Cluster Manager Salary

14 - 20 years exp. (4 salaries)

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₹9.3 L/yr - ₹12.8 L/yr

arrow icon 70% more
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₹5.1 L/yr - ₹7.9 L/yr

arrow icon 9% less
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Reliance Retail Cluster Manager Salary

8 - 20 years exp. (317 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 82% more
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Bajaj Finance Cluster Manager Salary

5 - 17 years exp. (312 salaries)

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₹8.8 L/yr - ₹29.5 L/yr

arrow icon 191% more
108 job openings
Cluster Manager salary at Insurance Company ranges between ₹4.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Insurance Company.

Latest annual salaries shared by Insurance Company Cluster Manager

3d ago
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12 years exp.
4mo ago
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18 years exp.
8mo ago
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11 years exp.
1y ago
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16 years exp.

Experience wise Insurance Company Cluster Manager salaries

Last Updated: 3 Feb 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7.9 L/yr
15+ years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹6 L/yr

Similar Designation salaries in Insurance Company

Cluster Head Salary
(3 salaries)
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₹6.5 L/yr - ₹11.2 L/yr
Area Manager Salary
(5 salaries)
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₹9.42 L/yr - ₹11.19 L/yr
Deputy Manager Salary
(6 salaries)
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₹4 L/yr - ₹4.5 L/yr
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₹2.2 L/yr - ₹3 L/yr
Sales Manager Salary
(34 salaries)
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₹1.8 L/yr - ₹5.25 L/yr
Branch Manager Salary
(4 salaries)
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₹6 L/yr - ₹7.95 L/yr
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₹3 L/yr - ₹10.5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr
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₹1.8 L/yr - ₹4.5 L/yr
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₹2.8 L/yr - ₹4 L/yr

Salary related reviews for Insurance Company

Other Department

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.

read more
  • Salary - Good
  • +6 more

Sales Department

5.0
  •  posted on 28 Jun 2019

5.0
 for  Salary and Benefits

Likes

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

read more

Finance Department

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.

read more
  • Skill development - Excellent
  • +2 more

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.

read more

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

read more
  • Salary - Excellent
  • +4 more

Dislikes

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

read more
  • Skill development - Bad
  • +1 more

Full Time

 · 

Human Resources Department

5.0
  •  posted on 21 Jul 2023

5.0
 for  Salary and Benefits

Likes

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

see more salary related reviews

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Insurance Company Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Insurance Company ?
The average salary of a Cluster Manager at Insurance Company in India typically ranges from ₹4.5 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Cluster Manager at Insurance Company earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Cluster 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 Cluster Manager at Insurance Company in India?
The estimated take-home salary of a Cluster Manager at Insurance Company in India typically ranges from ₹50,157 to ₹51,342 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 11 years to 18 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 Cluster Manager in India?
Bajaj Finance ₹8.8 Lakhs to ₹29.5 Lakhs per year
Reliance Retail ₹5.0 Lakhs to ₹20.0 Lakhs per year
CBRE ₹9.3 Lakhs to ₹12.8 Lakhs per year
Knight Frank ₹5.6 Lakhs to ₹8.0 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 Cluster Manager in companies similar to Insurance Company in India?
The salary of a Cluster Manager at companies similar to Insurance Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

WeWork India Management ₹5.1 Lakhs to ₹7.9 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 Cluster Manager at Insurance Company in India?
The salary growth for a Cluster Manager at Insurance Company depends on factors such as experience, performance, and promotions. On average, a Cluster Manager can expect the following growth trajectory at Insurance Company:

Experience Average Salary Range
11 years ₹8.2 Lakhs to ₹8.2 Lakhs per year
12 years ₹3.2 Lakhs to ₹8.2 Lakhs per year
13 years ₹6.7 Lakhs to ₹8.5 Lakhs per year
14 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
and so on.

Tell us how to improve this page.

Insurance Company Cluster Manager salary in India ranges between ₹4.5 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Insurance Company latest salaries received from various employees of Insurance Company.