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Magma HDI General Insurance Relationship Manager salaries in Guwahati (Updated 2025)

Annual salary range
5 - 9 years exp.
₹4.5 Lakhs - ₹5.3 Lakhs
Salary of majority employees
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27% more than the average Relationship Manager Salary in Insurance Companies for 5 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
6 - 9 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.3 L/yr

Sales & Business Development
Relationship Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.4 L/yr

Last Updated: 8 Mar 2025

Companies similar to Magma HDI General Insurance for Relationship Manager in Guwahati

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Magma HDI General Insurance Relationship Manager Salary

5 - 9 years exp. (4 salaries)

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₹4.5 L/yr - ₹5.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.5 L/yr - ₹7.5 L/yr

arrow icon 7% less
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₹4 L/yr - ₹5.7 L/yr

arrow icon 16% less
8 job openings
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₹3 L/yr - ₹4.3 L/yr

arrow icon 21% less
1 job opening
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₹2.8 L/yr - ₹3.9 L/yr

arrow icon 25% less
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₹3.2 L/yr - ₹4.5 L/yr

arrow icon 24% less
1 job opening
Relationship Manager salary at Magma HDI General Insurance ranges between ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Magma HDI General Insurance.

Latest annual salaries shared by Magma HDI General Insurance Relationship Manager in Guwahati

3w ago
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6 years exp.
1y ago
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5 years exp.

Experience wise Magma HDI General Insurance Relationship Manager salaries in Guwahati

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Magma HDI General Insurance

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₹5.72 L/yr - ₹6.3 L/yr

Top skills at Magma HDI General Insurance for Relationship Manager

Sales Relationship Management Servicing Agency Channel Tied Channel Business Development Health Insurance Retail Sales General Insurance Sales Insurance Sales Motor Insurance Agent Recruitment Life Insurance Agency Management Agency Sales

Salary related reviews for Magma HDI General Insurance

4.0

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Aug 2024

3.0
 for  Salary and Benefits

Likes

Work culture

  • Job security - Excellent
  • +2 more

Dislikes

With my experience and hardworking that I had put in I was underpaid. Otherwise everything else here in the company is perfect as every single person from senior to junior is there to help .

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 21 Aug 2024

3.0
 for  Salary and Benefits

Likes

The company provided a stable and secure work environment, ensuring long-term employment opportunities.

  • Job security - Good

Dislikes

While I valued my time at the company, I felt there was limited room for growth and development, which motivated me to seek new opportunities.

read more

Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 24 May 2024

1.0
 for  Salary and Benefits

Likes

MHDI company is good to work subject to you are not working in TP Claims department. Your life will be miserable. National Head is headless person. He don't respect his colleagues. He work like psycho and he only prefers person who belongs to his caste and state. He doesn't have law knowledge as well as his man management skills are pathetic.

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Dislikes

National Manager of TP Claims department is most corrupt person. Lots of fraud activity is taking place under his leadership. You have to work very vigilantly since there are high chances to falsely imply you in said fraud activity if you don't belong to his caste and community of National Head

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Human Resources Department

5.0
  •  posted on 07 May 2024

5.0
 for  Salary and Benefits

Likes

Everything. It’s a great learning platform and growth platform. A lot employees have grown over the time. The culture has been very good and the CEO drives it. Respect has been the cornerstone for majority senior leaders here. It’s like working with friends and family. Hope we can Lee the culture the same way.

read more
  • Salary - Excellent
  • +6 more

Dislikes

The organisation needs more clarity and unity of thoughts. Ownership is something as a team, they need to work on with specific timelines. Value in its people with respect is something which should be the cornerstone for this organisation.

read more

Full Time

 · 

Other Department

3.0
  •  posted on 18 Dec 2023

4.0
 for  Salary and Benefits

Likes

1. Excellent work life balance 2. HOD is friendly and jolly 3. HR leave policy & employee support 4. Friendly atmosphere in the company 5. Office timings only 8 hours (10 to 6) 6. Need basis WFH given 7. Providing IA related course memberships 8. Team outings 9. Learning exposure,but self start up basis 10. Lots of employee engaging activities and events are conducted for free in the office campus by management of brookfield property

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  • Salary - Good
  • +3 more

Dislikes

1. The kurla office location is very inconvenient for western line people.Too much hectic and costly travel 2. No subsidised food in canteen.The prices are like a restuarant. Also, outside and near to the office area, there are almost no food options available 3. Employee engagement / fun activities taken by HR is very less. Culture is poor as compared to other insurance industry. 4. Lots of attrition in the company and in the team.Also, the team size is very small compared to audit calendar 5. Vacant positions in the team are filled after a long gap 6. Mentoring is average especially for freshers and people from out of insurance field. 7. Annual performance bonus is not applicable for below manager position 8. Majority of functions and the top management have a very casual approach and are less interested towards audit.Some of the departments are least bothered in sharing data, proper responses, having meetings, timely closures etc. 9. There is a bit issue in getting exam leaves for professional courses even if it is for a week 10. No improvement in audit procedure and practices. Many unnecessary things are to be followed and performed while doing audits. 11. No audit tool,everything is manual 12. Poor quality and low specification laptop is provided to employees 13. 4th and 5th Saturdays are WFH

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Magma HDI General Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Magma HDI General Insurance in Guwahati?
The average salary of a Relationship Manager at Magma HDI General Insurance in Guwahati typically ranges from ₹4.5 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Relationship Manager in Guwahati at Magma HDI General Insurance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Relationship Manager Salaries at Magma HDI General Insurance 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 Magma HDI General Insurance employees in India.
What is the estimated take home salary of a Relationship Manager at Magma HDI General Insurance in Guwahati?
The estimated take-home salary of a Relationship Manager at Magma HDI General Insurance in Guwahati typically ranges from ₹38,330 to ₹39,520 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 5 years to 9 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 Magma HDI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Relationship Manager at Magma HDI General Insurance in Guwahati?
To be a Relationship Manager at Magma HDI General Insurance in Guwahati, the key skills required include:

  • - Sales
  • - Relationship Management
  • - Servicing
  • - Agency Channel
  • - Tied Channel

These skills are highly valued at Magma HDI General Insurance and are crucial for successful performance in a Software Engineering role.
What is the salary of a Relationship Manager in companies similar to Magma HDI General Insurance in Guwahati?
The salary of a Relationship Manager at companies similar to Magma HDI General Insurance in Guwahati varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co ₹4.5 Lakhs to ₹7.5 Lakhs per year
Universal Sompo General Insurance ₹4.0 Lakhs to ₹5.7 Lakhs per year
Bharti AXA Life Insurance ₹3.0 Lakhs to ₹4.3 Lakhs per year
IndiaFirst Life Insurance ₹3.2 Lakhs to ₹4.5 Lakhs per year
Aviva Life Insurance India ₹2.8 Lakhs to ₹3.9 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 Relationship Manager at Magma HDI General Insurance in Guwahati?
The salary growth for a Relationship Manager at Magma HDI General Insurance in Guwahati depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Guwahati can expect the following growth trajectory at Magma HDI General Insurance:

Experience Average Salary Range
5 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
7 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
8 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
and so on.

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Magma HDI General Insurance Relationship Manager salary in Guwahati ranges between ₹4.5 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magma HDI General Insurance latest salaries received from various employees of Magma HDI General Insurance.