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

1 - 7 years exp.

₹1.8 Lakh - ₹3.7 Lakhs

Salary of majority employees

48% less than the average Relationship Manager Salary in Real Estate Companies for 1 - 7 years of experience

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Last Updated: 27 Aug 2023

Companies similar to Insurance Company for Relationship Manager in Mumbai

Insurance Company Relationship Manager Salary

1 - 7 years exp. (5 salaries)

₹1.8 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Lodha Group Relationship Manager Salary 1 - 13 years exp. (41 salaries)	₹2.4 L/yr - ₹9.2 L/yr 134% more
NoBroker Relationship Manager Salary 0 - 8 years exp. (37 salaries)	₹2 L/yr - ₹7 L/yr 62% more	1 job opening
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ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.9k salaries)	₹3.5 L/yr - ₹12.2 L/yr 203% more	1 job opening
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (825 salaries)	₹2.4 L/yr - ₹13 L/yr 169% more	23 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (459 salaries)	₹1.8 L/yr - ₹10.5 L/yr 120% more	5 job openings

Relationship Manager salary at Insurance Company ranges between ₹1.8 Lakh to ₹3.7 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Insurance Company.

Experience wise Insurance Company Relationship Manager salaries in Mumbai

Last Updated: 27 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.7 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.7 L/yr

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Similar Designation salaries in Insurance Company

Sales Manager Salary

(5 salaries)

₹4.3 L/yr - ₹5.25 L/yr

Top skills at Insurance Company for Relationship Manager

Outbound Process Relationship Management Business Development Telesales Sales and Marketing Direct Sales Insurance Sales Sales Management Agency Sales Field Sales Voice Process B2C Sales Outbound Sales

Salary related reviews for Insurance Company

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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.

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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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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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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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Insurance Company Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Insurance Company Mumbai?

Relationship Manager salary at Insurance Company in Mumbai ranges between ₹1.8 Lakhs to ₹3.7 Lakhs for experience between 1 years to 7 years. According to our estimates it is 48% less than the average Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Insurance Company Mumbai.

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

The average salary of a Relationship Manager at Insurance Company is 48% less than the average salary of a Relationship Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at Insurance Company?

Outbound Process, Relationship Management, Business Development, Telesales and Sales and Marketing are some of the popular skills required to work as a Relationship Manager at Insurance Company Mumbai.

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

ICICI Bank Relationship Manager Salary - ₹3.5 Lakhs to ₹12.2 Lakhs per year
HDFC Bank Relationship Manager Salary - ₹2.4 Lakhs to ₹13.0 Lakhs per year
Lodha Group Relationship Manager Salary - ₹2.4 Lakhs to ₹9.2 Lakhs per year
Kotak Mahindra Bank Relationship Manager Salary - ₹1.8 Lakhs to ₹10.5 Lakhs per year
NoBroker Relationship Manager Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Insurance Company ranges between ₹19,322 per month to ₹20,995 per month in Mumbai. The take-home salary calculation is based on the average Insurance Company Relationship Manager salary in India which ranges between ₹1.8 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Insurance Company in Mumbai?

According to AmbitionBox, 67% of the Insurance Company Relationship Managers in Mumbai reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Insurance Company Relationship Manager Salaries in Mumbai

Insurance Company Relationship Manager salary in Mumbai ranges between ₹1.8 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Insurance Company latest salaries received from various employees of Insurance Company.