Mahindra Insurance Brokers Mumbai Chief Manager Salaries by 4 Employees (Updated 2025)

15 - 22 years exp.

₹18 Lakhs - ₹25.9 Lakhs

Salary of majority employees

5% more than the average Chief Manager Salary in Insurance Companies for 15 - 22 years of experience

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Salaries in different departments

Product Management Chief Manager Salary 16 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹28.1 L/yr
Project & Program Management Chief Manager Salary 15 years exp. (AmbitionBox Estimate)	₹19.5 L/yr - ₹23.9 L/yr
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Sales & Business Development Chief Manager Salary 22 years exp. (AmbitionBox Estimate)	₹23.3 L/yr - ₹28.5 L/yr

Last Updated: 12 Oct 2024

Companies similar to Mahindra Insurance Brokers for Chief Manager in Mumbai

Mahindra Insurance Brokers Chief Manager Salary

15 - 22 years exp. (4 salaries)

₹18 L/yr - ₹25.9 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Chief Manager Salary 3 - 19 years exp. (185 salaries)	₹10 L/yr - ₹22 L/yr 27% less
Reliance General Insurance Chief Manager Salary 9 - 20 years exp. (25 salaries)	₹10.1 L/yr - ₹22.3 L/yr 30% less
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Tata AIG Chief Manager Salary 1 - 14 years exp. (148 salaries)	₹9.6 L/yr - ₹25.2 L/yr 22% less
Aditya Birla Health Insurance Co Chief Manager Salary 5 - 20 years exp. (43 salaries)	₹13.3 L/yr - ₹36.6 L/yr 12% more
Edelweiss Life Insurance Chief Manager Salary 4 - 18 years exp. (36 salaries)	₹11 L/yr - ₹25 L/yr 26% less
Ageas Federal Life Insurance Chief Manager Salary 9 - 17 years exp. (17 salaries)	₹16.6 L/yr - ₹43.3 L/yr 25% more
Cholamandalam MS General Insurance Chief Manager Salary 11 - 20 years exp. (5 salaries)	₹20 L/yr - ₹24.3 L/yr 1% more

Chief Manager salary at Mahindra Insurance Brokers ranges between ₹18 Lakhs to ₹25.9 Lakhs per year for employees with experience between 15 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Chief Manager salaries in Mumbai

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹18 L/yr - ₹25.9 L/yr
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Similar Designation salaries in Mahindra Insurance Brokers

Deputy Manager Salary

(23 salaries)

₹4.5 L/yr - ₹10 L/yr

Salary related reviews for Mahindra Insurance Brokers

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.

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.

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

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.

Dislikes

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

Customer Support Executive in Thane

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 13 Jun 2024

5.0

for Salary and Benefits

Likes

All is good /salary -incentive/transport facilities/foods / no pressure about call and leads soft calling 6 months work process it’s hard be 6 months rest of process

Dislikes

Process is closed /if be start process again I will be joining as soon as possible

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Mahindra Insurance Brokers Chief Manager Salary FAQs

What is the salary of Chief Manager at Mahindra Insurance Brokers Mumbai?

Chief Manager salary at Mahindra Insurance Brokers in Mumbai ranges between ₹18.0 Lakhs to ₹25.9 Lakhs for experience between 15 years to 22 years. According to our estimates it is 5% more than the average Chief Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Insurance Brokers Mumbai.

How does the salary of a Chief Manager at Mahindra Insurance Brokers Mumbai compare with the average salary range for this job?

The average salary of a Chief Manager at Mahindra Insurance Brokers is 5% more than the average salary of a Chief Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Insurance Brokers to a Chief Manager in Mumbai?

Ageas Federal Life Insurance Chief Manager Salary - ₹16.6 Lakhs to ₹43.3 Lakhs per year
Aditya Birla Health Insurance Co Chief Manager Salary - ₹13.3 Lakhs to ₹36.6 Lakhs per year
Cholamandalam MS General Insurance Chief Manager Salary - ₹20.0 Lakhs to ₹24.3 Lakhs per year

What is the salary of a Chief Manager in companies similar to Mahindra Insurance Brokers in Mumbai?

Tata AIG Chief Manager Salary - ₹9.6 Lakhs to ₹25.2 Lakhs per year
Edelweiss Life Insurance Chief Manager Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
ICICI Lombard General Insurance Company Chief Manager Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
Reliance General Insurance Chief Manager Salary - ₹10.1 Lakhs to ₹22.3 Lakhs per year

What is the estimated take home salary of a Chief Manager at Mahindra Insurance Brokers in Mumbai?

The estimated take-home salary of a Chief Manager at Mahindra Insurance Brokers ranges between ₹1,46,538 per month to ₹1,52,027 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Insurance Brokers Chief Manager salary in India which ranges between ₹18.0 Lakhs to ₹25.9 Lakhs per year for employees with experience between 15 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at Mahindra Insurance Brokers in Mumbai?

According to AmbitionBox, 67% of the Mahindra Insurance Brokers Chief Managers in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Chief Manager Salaries in Mumbai

Mahindra Insurance Brokers Chief Manager salary in Mumbai ranges between ₹18 Lakhs to ₹25.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.