Mahindra Insurance Brokers Madurai Branch Manager Salaries by 2 Employees (Updated 2025)

9 - 11 years exp.

₹5.1 Lakhs - ₹6.6 Lakhs

Low Confidence

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Last Updated: 11 Jan 2025

Companies similar to Mahindra Insurance Brokers for Branch Manager in Madurai

Mahindra Insurance Brokers Branch Manager Salary

9 - 11 years exp. (AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Branch Manager Salary 14 - 16 years exp. (3 salaries)	₹6.7 L/yr - ₹9.6 L/yr 56% more
Cholamandalam MS General Insurance Branch Manager Salary 4 - 11 years exp. (3 salaries)	₹3.8 L/yr - ₹5.8 L/yr 7% less
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Muthoot Fincorp Branch Manager Salary 4 - 14 years exp. (37 salaries)	₹2 L/yr - ₹4.8 L/yr 28% less	40 job openings
Equitas Small Finance Bank Branch Manager Salary 7 - 15 years exp. (23 salaries)	₹4.2 L/yr - ₹11 L/yr 40% more
DBS Bank Branch Manager Salary 9 - 18 years exp. (14 salaries)	₹8.5 L/yr - ₹16 L/yr 121% more

Branch Manager salary at Mahindra Insurance Brokers ranges between ₹5.1 Lakhs to ₹6.6 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Insurance Brokers.

Top skills at Mahindra Insurance Brokers for Branch Manager

Health Insurance Sales Direct Sales Agency Channel Life Insurance Insurance Insurance Sales General Insurance Health Insurance Branch Management bdm bde Motor Insurance Agency Sales Agent Recruitment

Salary related reviews for Mahindra Insurance Brokers

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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%

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• posted on 25 Jun 2022

5.0

for Salary and Benefits

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

Salary - Excellent

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

Senior Territory Manager in Coimbatore

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• posted on 29 May 2021

1.0

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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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• 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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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 Branch Manager Salary FAQs

What is the notice period for Branch Manager at Mahindra Insurance Brokers in Madurai?

According to AmbitionBox, 50% of the Mahindra Insurance Brokers Branch Managers in Madurai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Branch Manager Salaries in Madurai

Mahindra Insurance Brokers Branch Manager salary in Madurai ranges between ₹5.1 Lakhs to ₹6.6 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Insurance Brokers.