Mahindra Insurance Brokers Area Business Head Salaries by 6 Employees (Updated 2025)

12 - 16 years exp.

₹18.1 Lakhs - ₹32 Lakhs

Salary of majority employees

31% more than the average Area Business Head Salary in Insurance Companies for 12 - 16 years of experience

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Last Updated: 28 Jan 2024

Companies similar to Mahindra Insurance Brokers for Area Business Head

Company name	Avg Annual Salary	Open Jobs
IndiaFirst Life Insurance Area Business Head Salary 7 - 17 years exp. (270 salaries)	₹5 L/yr - ₹15.6 L/yr 44% less	1 job opening
BYJU'S Area Business Head Salary 3 - 13 years exp. (508 salaries)	₹10 L/yr - ₹22 L/yr 17% less
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Oyo Rooms Area Business Head Salary 4 - 16 years exp. (93 salaries)	₹6.5 L/yr - ₹19.5 L/yr 30% less
Jio Area Business Head Salary 16 - 24 years exp. (60 salaries)	₹20.4 L/yr - ₹41.6 L/yr 75% more	1 job opening
Symphony Area Business Head Salary 4 - 16 years exp. (49 salaries)	₹5.5 L/yr - ₹12.5 L/yr 48% less	1 job opening

Area Business Head salary at Mahindra Insurance Brokers ranges between ₹18.1 Lakhs to ₹32 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Area Business Head salaries

Last Updated: 28 Jan 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹34.5 L/yr
13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹20.3 L/yr
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14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹22 L/yr
15+ years (3 salaries)	₹7.3 L/yr - ₹32 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

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(AmbitionBox Estimate)

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Business Manager Salary

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₹12.6 L/yr - ₹16.1 L/yr

Team Lead Salary

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₹8.5 L/yr - ₹11.4 L/yr

Area Sales Manager Salary

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₹3 L/yr - ₹10 L/yr

Branch Manager Salary

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₹3.9 L/yr - ₹5.75 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(38 salaries)

₹3.3 L/yr - ₹10 L/yr

Sales Manager Salary

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₹3.15 L/yr - ₹5 L/yr

Regional Manager Salary

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₹15 L/yr - ₹27.8 L/yr

Top skills at Mahindra Insurance Brokers for Area Business Head

Relationship Building Customer Engagement Customer Service IRDA TDS Monitoring Reconciliation Recruitment Claims Penetration

Salary related reviews for Mahindra Insurance Brokers

4.1

Rated by 2 employees for salary & benefits

Area Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 15 Jan 2025

2.0

for Salary and Benefits

Likes

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

Dislikes

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

+2 more

Senior Application Support Engineer in Mumbai

Full Time

IT & Information Security Department

4.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

Likes

Activity going on weekend (every Friday) Supporting people and management. Good environment to work Birthday celebration all together with team.

Salary - Good

+4 more

Dislikes

...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.

Deputy Area Manager in Hazaribag

Full Time

Sales & Business Development Department

5.0

• posted on 25 Jun 2022

5.0

for Salary and Benefits

Likes

...ve teammates are supportive. Management is transparent ,company policy are good.job security, appraisal are fair and they give good salary hike.

Salary - Excellent

+6 more

Dislikes

Verticalisation ,politics salary is good but career growth is slow,

Senior Territory Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 29 May 2021

1.0

for Salary and Benefits

Likes

... 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

+6 more

Senior Business Development Executive in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 12 May 2018

3.0

for Salary and Benefits

Likes

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.

Skill development - Good

+4 more

Dislikes

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Mahindra Insurance Brokers Area Business Head Salary FAQs

What is the salary of Area Business Head at Mahindra Insurance Brokers?

Area Business Head salary at Mahindra Insurance Brokers in India ranges between ₹18.1 Lakhs to ₹32.0 Lakhs for experience between 12 years to 16 years. According to our estimates it is 31% more than the average Area Business Head Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Insurance Brokers India.

How does the salary of a Area Business Head at Mahindra Insurance Brokers India compare with the average salary range for this job?

The average salary of a Area Business Head at Mahindra Insurance Brokers is 31% more than the average salary of a Area Business Head in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Business Head at Mahindra Insurance Brokers?

Relationship Building, Customer Engagement, Customer Service, IRDA and TDS are some of the popular skills required to work as a Area Business Head at Mahindra Insurance Brokers India.

Which similar companies are paying more than Mahindra Insurance Brokers to a Area Business Head in India?

Jio Area Business Head Salary - ₹20.4 Lakhs to ₹41.6 Lakhs per year

What is the salary of a Area Business Head in companies similar to Mahindra Insurance Brokers in India?

BYJU'S Area Business Head Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
Oyo Rooms Area Business Head Salary - ₹6.5 Lakhs to ₹19.5 Lakhs per year
IndiaFirst Life Insurance Area Business Head Salary - ₹5.0 Lakhs to ₹15.6 Lakhs per year
Symphony Area Business Head Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year

What is the estimated take home salary of a Area Business Head at Mahindra Insurance Brokers in India?

The estimated take-home salary of a Area Business Head at Mahindra Insurance Brokers ranges between ₹1,24,452 per month to ₹1,28,302 per month in India. The take-home salary calculation is based on the average Mahindra Insurance Brokers Area Business Head salary in India which ranges between ₹18.1 Lakhs to ₹32.0 Lakhs per year for employees with experience between 12 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Business Head at Mahindra Insurance Brokers?

According to AmbitionBox, 80% of the Mahindra Insurance Brokers Area Business Heads reported a notice period of 3 Months, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Area Business Head Salaries

Mahindra Insurance Brokers Area Business Head salary in India ranges between ₹18.1 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.