Mahindra Insurance Brokers Administration Manager Salaries by 3 Employees (Updated 2025)

5 - 12 years exp.

₹3 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Administration Manager Salary in Insurance Companies for 5 - 12 years of experience

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Last Updated: 10 Feb 2024

Companies similar to Mahindra Insurance Brokers for Administration Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Administration Manager Salary 4 - 15 years exp. (21 salaries)	₹4 L/yr - ₹9.4 L/yr 37% more
Bajaj Allianz General Insurance Administration Manager Salary 3 - 15 years exp. (6 salaries)	₹1.2 L/yr - ₹7.4 L/yr 25% less
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HDFC Ergo General Insurance Administration Manager Salary 8 - 12 years exp. (7 salaries)	₹3.2 L/yr - ₹13.6 L/yr 43% more
Reliance General Insurance Administration Manager Salary 8 - 15 years exp. (10 salaries)	₹4 L/yr - ₹6 L/yr 7% less
Tata AIG Administration Manager Salary 11 - 15 years exp. (4 salaries)	₹7.7 L/yr - ₹7.9 L/yr 45% more
Star Health & Allied Insurance Administration Manager Salary 3 - 12 years exp. (7 salaries)	₹3.3 L/yr - ₹6 L/yr 12% less
Cholamandalam MS General Insurance Administration Manager Salary 7 - 19 years exp. (14 salaries)	₹5 L/yr - ₹9.5 L/yr 38% more
Aviva Life Insurance India Administration Manager Salary 14 - 17 years exp. (4 salaries)	₹6.8 L/yr - ₹8.3 L/yr 43% more
Medi Assist India Administration Manager Salary 8 - 21 years exp. (4 salaries)	₹4.8 L/yr - ₹12 L/yr 46% more

Administration Manager salary at Mahindra Insurance Brokers ranges between ₹3 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Administration Manager salaries

Last Updated: 10 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Administration Officer Salary

(4 salaries)

₹2.6 L/yr - ₹3.13 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Administration Assistant Salary

(3 salaries)

₹3.4 L/yr - ₹4.5 L/yr

Administration Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Deputy Manager Salary

(38 salaries)

₹3.3 L/yr - ₹10 L/yr

Office Administrator Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Sales Coordinator Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Office Assistant Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Top skills at Mahindra Insurance Brokers for Administration Manager

Purchase Management Negotiation Vendor Development Price Negotiation Property Management Licensing New Vendor Development

Salary related reviews for Mahindra Insurance Brokers

Area Manager in Hyderabad / Secunderabad

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3.0

• posted on 15 Jan 2025

2.0

for Salary and Benefits

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Mid level managers are not supported to grow ground team in terms appraisal promotions to management,work balance also not manageable.

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Salary hike not up to the mark if achieve annual target 100% and more than ,variables policy announced very late after completing 100%

Salary - Poor

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...mething new or promotion is not good in our field As per my personal experience. Salary hike appraisal delayed this year. Work load is not managed properly.

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5.0

• posted on 25 Jun 2022

5.0

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Senior Territory Manager in Coimbatore

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2.0

• posted on 29 May 2021

1.0

for Salary and Benefits

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... Assist, Wedding Bonus, New born baby gift, Medical assist, Birthday gift etc. Main Part - Salary slab was very worst and no increment, Executives stay 5 + year experience but salary at end they only out for 230000PA and starts with 180000 PA which is terrible and all work for salary that is not get what we work. Incentive was not given proper time as per time line eg: Quarterly plan, they provide incentive after 6months of that quarter and they not provide calculation for that incentive what we received

Salary - Bad

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Senior Business Development Executive in Bhubaneswar

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4.0

• posted on 12 May 2018

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There is a friendly atmosphere to work here,we have maintain a good work life balance here and the most important thing is we have more job security here.

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Dislikes

Here the salary and remuneration is not good as compared of other industry.

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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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Mahindra Insurance Brokers Administration Manager Salary FAQs

What is the notice period for Administration Manager at Mahindra Insurance Brokers?

According to AmbitionBox, 100% of the Mahindra Insurance Brokers Administration Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Administration Manager Salaries

Mahindra Insurance Brokers Administration Manager salary in India ranges between ₹3 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.