Insurance Company Insurance Manager Salaries by 5 Employees (Updated 2025)

0 - 11 years exp.

₹1 Lakh - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Insurance Manager Salary in Real Estate Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr
Finance & Accounting Insurance Manager Salary Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
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Administration & Facilities Insurance Manager Salary 2 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 31 May 2023

Companies similar to Insurance Company for Insurance Manager

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Insurance Manager Salary 1 - 8 years exp. (63 salaries)	₹0.6 L/yr - ₹5.3 L/yr 10% more
HDFC Life Insurance Manager Salary 1 - 6 years exp. (51 salaries)	₹2.5 L/yr - ₹6 L/yr 10% more
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Future Generali India Life Insurance Insurance Manager Salary 1 - 10 years exp. (54 salaries)	₹1 L/yr - ₹6 L/yr 7% more
Bajaj Allianz Life Insurance Insurance Manager Salary 1 - 9 years exp. (46 salaries)	₹1.5 L/yr - ₹6 L/yr 7% more
Tata AIA Life Insurance Insurance Manager Salary 3 - 9 years exp. (26 salaries)	₹2.6 L/yr - ₹7.7 L/yr 34% more

Insurance Manager salary at Insurance Company ranges between ₹1 Lakh to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Insurance Company.

Experience wise Insurance Company Insurance Manager salaries

Last Updated: 31 May 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹3.1 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Insurance Company

Branch Manager Salary

(4 salaries)

₹6 L/yr - ₹7.95 L/yr

Area Manager Salary

(5 salaries)

₹9.37 L/yr - ₹11.19 L/yr

Deputy Manager Salary

(6 salaries)

₹4 L/yr - ₹4.5 L/yr

Sales Manager Salary

(33 salaries)

₹1.8 L/yr - ₹5.25 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Territory Manager Salary

(4 salaries)

₹3 L/yr - ₹10.5 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹2.2 L/yr - ₹6.9 L/yr

Relationship Manager Salary

(46 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Territory Sales Manager Salary

(3 salaries)

₹3 L/yr - ₹8.5 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.

Salary - Good

+6 more

Bancassurance

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.

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.

see more salary related reviews

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fathersahaab

works at

AmbitionBox

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 Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Insurance Company?

Insurance Manager salary at Insurance Company in India ranges between ₹1.0 Lakhs to ₹4.8 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 16% less than the average Insurance Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Insurance Company India.

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

The average salary of a Insurance Manager at Insurance Company is 16% less than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.

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

Tata AIA Life Insurance Insurance Manager Salary - ₹2.6 Lakhs to ₹7.7 Lakhs per year
PNB MetLife Insurance Manager Salary - ₹0.6 Lakhs to ₹5.3 Lakhs per year
HDFC Life Insurance Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Future Generali India Life Insurance Insurance Manager Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
Bajaj Allianz Life Insurance Insurance Manager Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Insurance Manager at Insurance Company in India?

The estimated take-home salary of a Insurance Manager at Insurance Company ranges between ₹24,629 per month to ₹26,073 per month in India. The take-home salary calculation is based on the average Insurance Company Insurance Manager salary in India which ranges between ₹1.0 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Insurance Company Insurance Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Insurance Company Insurance Manager Salaries

Insurance Company Insurance Manager salary in India ranges between ₹1 Lakh to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Insurance Company latest salaries received from various employees of Insurance Company.