Magnum Insurance Broking Salaries by 20+ Employees (Updated 2024)

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Finance & Accounting Sales & Business Development

Designation	Avg Annual Salary	Open Jobs
Senior Accountant 12 - 20 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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Business Head 9 years exp. (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr
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AM - Finance & Accounts 10 - 12 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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Relationship Manager 1 - 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Back Office Operation Executive 2 - 3 years exp. (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.1 L/yr
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Branch Head 19 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Assistant Vice President 12 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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Accountant 7 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Senior Relationship Manager 7 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Computer Operator Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
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Principal Officer 20 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Telecalling Executive 1 year exp. (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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Account Assistant 4 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Senior Business Development Manager 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Regional Manager 12 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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Manager - CRM 11 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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Business Development Manager 30 years exp. (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.3 L/yr
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Sales Head 20 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Officer 9 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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Corporate Sales Experience: NA (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magnum Insurance Broking Salary FAQs

What is the minimum salary in Magnum Insurance Broking?

Minimum salary at Magnum Insurance Broking depends on the role you are applying for. For Back end Executive the minimum salary is ₹0.1 Lakh to ₹0.1 Lakh per year, and for Back Office Operation Executive the minimum salary is ₹0.1 Lakh to ₹0.1 Lakh per year and so on.

What is the notice period at Magnum Insurance Broking?

According to AmbitionBox, 45% of the Magnum Insurance Broking employees reported a notice period of 15 days or less, 46% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Magnum Insurance Broking Salaries by Location

Magnum Insurance Broking salaries in Nagpur

Magnum Insurance Broking Salaries by Department

Average annual salary in Magnum Insurance Broking is INR . Salary estimates are based on 28 Magnum Insurance Broking latest salaries received from various employees of Magnum Insurance Broking.