Madhav Insurance Brokers Salaries by 20+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Relationship Manager 2 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹6 L/yr
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Claims Manager 3 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹5.4 L/yr
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Associate Vice President 2 - 3 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
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Operations Manager 15 - 16 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Insurance Underwriter 4 - 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Non Motor Underwriter 1 - 2 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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Underwriter 5 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Executive Accountant 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Accounts Manager 6 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Administration Professional 9 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Head Claims 5 years exp. (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
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Senior Manager 11 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Madhav Insurance Brokers Salaries by Location

Average annual salary in Madhav Insurance Brokers is INR . Salary estimates are based on 20+ Madhav Insurance Brokers latest salaries received from various employees of Madhav Insurance Brokers.