Mahindra Insurance Brokers Branch Manager Salaries by 3 Employees

6 - 9 years exp.

₹5.2 Lakhs - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% less than the average Branch Manager Salary in Insurance Companies for 6 - 9 years of experience

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Last Updated: 15 Dec 2024

Companies similar to Mahindra Insurance Brokers for Branch Manager in Marketing & Communication department

Company name	Avg Annual Salary	Open Jobs
Shriram General Insurance Branch Manager Salary 6 - 15 years exp. (26 salaries)	₹4 L/yr - ₹7.6 L/yr 23% more
Cholamandalam MS General Insurance Branch Manager Salary 3 - 14 years exp. (24 salaries)	₹3.6 L/yr - ₹6.8 L/yr 8% more
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Aditya Birla Health Insurance Co Branch Manager Salary 5 - 14 years exp. (12 salaries)	₹7.3 L/yr - ₹11.2 L/yr 70% more
Future Generali India Life Insurance Branch Manager Salary 7 - 19 years exp. (6 salaries)	₹5 L/yr - ₹12.5 L/yr 90% more	2 job openings
ManipalCigna Health Insurance Branch Manager Salary 14 - 17 years exp. (4 salaries)	₹7.5 L/yr - ₹10.4 L/yr 53% more	1 job opening

Branch Manager salary at Mahindra Insurance Brokers ranges between ₹5.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Insurance Brokers.

Latest annual salaries shared by Mahindra Insurance Brokers Branch Manager in Marketing & Communication department

3d ago

₹5.2 Lakhs

6 years exp.

1mo ago

₹5.8 Lakhs

11 years exp.

1mo ago

₹5.5 Lakhs

10 years exp.

3mo ago

₹4.2 Lakhs

10 years exp.

3mo ago

₹5.5 Lakhs

9 years exp.

5mo ago

14 years exp.

5mo ago

9 years exp.

5mo ago

11 years exp.

6mo ago

13 years exp.

6mo ago

5 years exp.

Experience wise Mahindra Insurance Brokers Branch Manager salaries in Marketing & Communication department

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

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(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

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(5 salaries)

₹3.51 L/yr - ₹9.33 L/yr

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₹2.35 L/yr - ₹4.8 L/yr

Relationship Manager Salary

(4 salaries)

₹2.4 L/yr - ₹4.8 L/yr

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

Area Manager in Hyderabad / Secunderabad

Full Time

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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

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4.0

• posted on 28 Jul 2023

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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

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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.

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra Insurance Brokers Branch Manager Salaries by Location

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Mahindra Insurance Brokers Branch Manager Salaries

Mahindra Insurance Brokers Branch Manager salary in Marketing & Communication department in India ranges between ₹5.2 Lakhs to ₹5.5 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.

Mahindra Insurance Brokers Branch Manager salaries in Marketing & Communication in India

Companies similar to Mahindra Insurance Brokers for Branch Manager in Marketing & Communication department

Latest annual salaries shared by Mahindra Insurance Brokers Branch Manager in Marketing & Communication department

Experience wise Mahindra Insurance Brokers Branch Manager salaries in Marketing & Communication department

Similar Designation salaries in Mahindra Insurance Brokers

Top skills at Mahindra Insurance Brokers for Branch Manager

Salary related reviews for Mahindra Insurance Brokers

Area Manager in Hyderabad / Secunderabad

Senior Application Support Engineer in Mumbai

Deputy Area Manager in Hazaribag

Senior Territory Manager in Coimbatore

Senior Business Development Executive in Bhubaneswar

Tell us how to improve this page.

Mahindra Insurance Brokers Branch Manager Salaries by Location