Insurance Company Divisional Manager Salaries by 4 Employees

6 - 31 years exp.

₹4.2 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Divisional Manager Salary in Real Estate Companies for 6 - 31 years of experience

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Salaries in different departments

BFSI, Investments & Trading Divisional Manager Salary 20 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.6 L/yr
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Customer Success, Service & Operations Divisional Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Insurance Company for Divisional Manager

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Divisional Manager Salary 5 - 15 years exp. (245 salaries)	₹3.7 L/yr - ₹13.5 L/yr 42% less
Mahindra Finance Divisional Manager Salary 9 - 22 years exp. (215 salaries)	₹7.2 L/yr - ₹26 L/yr 23% more	1 job opening
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Ashok Leyland Divisional Manager Salary 12 - 23 years exp. (201 salaries)	₹16.5 L/yr - ₹45 L/yr 128% more
Bharat Financial Inclusion Divisional Manager Salary 0 - 17 years exp. (163 salaries)	₹5.6 L/yr - ₹15.2 L/yr 33% less
Bajaj Auto Divisional Manager Salary 10 - 22 years exp. (94 salaries)	₹26 L/yr - ₹72 L/yr 236% more

Divisional Manager salary at Insurance Company ranges between ₹4.2 Lakhs to ₹25 Lakhs per year for employees with experience between 6 years to 31 years. Salary estimates are based on 4 latest salaries received from various employees of Insurance Company.

Experience wise Insurance Company Divisional Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
10 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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15+ years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr

Similar Designation salaries in Insurance Company

Regional Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Business Manager Salary

(3 salaries)

₹2.2 L/yr - ₹3 L/yr

Senior Sales Manager Salary

(6 salaries)

₹2.8 L/yr - ₹4 L/yr

Branch Manager Salary

(4 salaries)

₹6 L/yr - ₹7.95 L/yr

Area Manager Salary

(5 salaries)

₹9.42 L/yr - ₹11.19 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Relationship Manager Salary

(48 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(6 salaries)

₹4 L/yr - ₹4.5 L/yr

Territory Manager Salary

(4 salaries)

₹3 L/yr - ₹10.5 L/yr

Sales Manager Salary

(34 salaries)

₹1.8 L/yr - ₹5.25 L/yr

Salary related reviews for Insurance Company

Field Executive in Noida Sector 16

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.

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Bancassurance

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5.0

• posted on 28 Jun 2019

5.0

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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.

Salary - Excellent

+6 more

Dislikes

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

Financial Planner in Lagos

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.

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.

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

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

Skill development - Bad

+1 more

Time Keeper (working remotely)

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.

Salary - Excellent

+6 more

Dislikes

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

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Insurance Company Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Insurance Company ?

The average salary of a Divisional Manager at Insurance Company in India typically ranges from ₹4.2 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 6 years to 31 years).

The top 10% of Divisional Manager at Insurance Company earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Divisional 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 Divisional Manager at Insurance Company in India?

The estimated take-home salary of a Divisional Manager at Insurance Company in India typically ranges from ₹96,220 to ₹98,820 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 6 years to 31 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 Divisional Manager in India?

Bajaj Auto	₹26.0 Lakhs to ₹72.0 Lakhs per year
Ashok Leyland	₹16.5 Lakhs to ₹45.0 Lakhs per year
Mahindra Finance	₹7.2 Lakhs to ₹26.0 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 Divisional Manager in companies similar to Insurance Company in India?

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

Bharat Financial Inclusion	₹5.6 Lakhs to ₹15.2 Lakhs per year
AU Small Finance Bank	₹3.7 Lakhs to ₹13.5 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 Divisional Manager at Insurance Company in India?

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

Experience	Average Salary Range
6 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
10 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
15 years	₹14.8 Lakhs to ₹18.9 Lakhs per year

and so on.

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Insurance Company Divisional Manager Salaries

Insurance Company Divisional Manager salary in India ranges between ₹4.2 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Insurance Company latest salaries received from various employees of Insurance Company.

Insurance Company Divisional Manager salaries in India

Companies similar to Insurance Company for Divisional Manager

Latest annual salaries shared by Insurance Company Divisional Manager

Experience wise Insurance Company Divisional Manager salaries

Similar Designation salaries in Insurance Company

Salary related reviews for Insurance Company

Field Executive in Noida Sector 16

Bancassurance

Financial Planner in Lagos

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

Time Keeper (working remotely)

Insurance Company Divisional Manager Salary FAQs

Tell us how to improve this page.

Insurance Company Divisional Manager Salaries by Location