Insurance Company Cluster Manager Salaries by 4 Employees (Updated 2025)

11 - 18 years exp.

₹4.5 Lakhs - ₹8.2 Lakhs

Low Confidence

Salary of majority employees

28% 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)	₹7.4 L/yr - ₹9.1 L/yr
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Finance & Accounting Cluster Manager Salary 18 years exp. (AmbitionBox Estimate)	₹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
Knight Frank Cluster Manager Salary 5 - 15 years exp. (4 salaries)	₹5.6 L/yr - ₹8 L/yr 4% more
CBRE Cluster Manager Salary 14 - 20 years exp. (4 salaries)	₹9.3 L/yr - ₹12.8 L/yr 70% more
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Axis Direct Cluster Manager Salary 0 - 10 years exp. (161 salaries)	₹2.5 L/yr - ₹5.7 L/yr 41% less	2 job openings
Ujjivan Small Finance Bank Cluster Manager Salary 5 - 14 years exp. (348 salaries)	₹4.5 L/yr - ₹11.5 L/yr 17% more
Reliance Retail Cluster Manager Salary 8 - 20 years exp. (311 salaries)	₹5 L/yr - ₹20 L/yr 80% more

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.

Experience wise Insurance Company Cluster Manager salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.2 L/yr
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13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
15+ years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr

Similar Designation salaries in Insurance Company

Cluster Head Salary

(3 salaries)

₹6.5 L/yr - ₹11.2 L/yr

Area Manager Salary

(5 salaries)

₹9.42 L/yr - ₹11.19 L/yr

Deputy Manager Salary

(6 salaries)

₹4 L/yr - ₹4.5 L/yr

Business Manager Salary

(3 salaries)

₹2.2 L/yr - ₹3 L/yr

Sales Manager Salary

(34 salaries)

₹1.8 L/yr - ₹5.25 L/yr

Branch Manager Salary

(4 salaries)

₹6 L/yr - ₹7.95 L/yr

Territory Manager Salary

(4 salaries)

₹3 L/yr - ₹10.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Relationship Manager Salary

(48 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Senior Sales Manager Salary

(6 salaries)

₹2.8 L/yr - ₹4 L/yr

Salary related reviews for Insurance Company

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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

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.

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.

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

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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

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

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Time Keeper (working remotely)

Full Time

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5.0

• posted on 21 Jul 2023

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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.

Salary - Excellent

+6 more

Dislikes

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

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Insurance Company Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Insurance Company?

Cluster Manager salary at Insurance Company in India ranges between ₹4.5 Lakhs to ₹8.2 Lakhs for experience between 11 years to 18 years. According to our estimates it is 28% less than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Insurance Company India.

How does the salary of a Cluster Manager at Insurance Company India compare with the average salary range for this job?

The average salary of a Cluster Manager at Insurance Company is 28% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Insurance Company to a Cluster Manager in India?

Reliance Retail Cluster Manager Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
CBRE Cluster Manager Salary - ₹9.3 Lakhs to ₹12.8 Lakhs per year
Ujjivan Small Finance Bank Cluster Manager Salary - ₹4.5 Lakhs to ₹11.5 Lakhs per year
Knight Frank Cluster Manager Salary - ₹5.6 Lakhs to ₹8.0 Lakhs per year

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

Axis Direct Cluster Manager Salary - ₹2.5 Lakhs to ₹5.7 Lakhs per year

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 ranges between ₹50,157 per month to ₹51,342 per month in India. The take-home salary calculation is based on the average Insurance Company Cluster Manager salary in India which ranges between ₹4.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 11 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Insurance Company?

According to AmbitionBox, 75% of the Insurance Company Cluster Managers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Insurance Company Cluster Manager Salaries

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