Mahindra Insurance Brokers New Delhi Deputy Manager Salaries by 5 Employees (Updated 2025)

5 - 9 years exp.

₹4.6 Lakhs - ₹9 Lakhs

Salary of majority employees

17% less than the average Deputy Manager Salary in Insurance Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹7.7 L/yr
Customer Success, Service & Operations Deputy Manager Salary 9 years exp. (AmbitionBox Estimate)	₹6.4 L/yr - ₹8 L/yr
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Sales & Business Development Deputy Manager Salary 9 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹9 L/yr

Last Updated: 16 Jul 2024

Companies similar to Mahindra Insurance Brokers for Deputy Manager in New Delhi

Mahindra Insurance Brokers Deputy Manager Salary

5 - 9 years exp. (5 salaries)

₹4.6 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Deputy Manager Salary 6 - 16 years exp. (16 salaries)	₹6.9 L/yr - ₹13.8 L/yr 61% more	2 job openings
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (153 salaries)	₹3.7 L/yr - ₹10 L/yr 17% less
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Reliance General Insurance Deputy Manager Salary 1 - 12 years exp. (16 salaries)	₹3.5 L/yr - ₹7.5 L/yr 30% less
Tata AIG Deputy Manager Salary 2 - 9 years exp. (30 salaries)	₹3 L/yr - ₹8 L/yr 34% less	3 job openings
The New India Assurance Co. Deputy Manager Salary 8 - 12 years exp. (3 salaries)	₹18 L/yr - ₹20 L/yr 162% more
United India Insurance Company Deputy Manager Salary 12 - 13 years exp. (3 salaries)	₹17.9 L/yr - ₹21 L/yr 171% more
National Insurance Company Deputy Manager Salary 8 - 12 years exp. (4 salaries)	₹17 L/yr - ₹24 L/yr 172% more
Star Health & Allied Insurance Deputy Manager Salary 6 - 13 years exp. (8 salaries)	₹5.1 L/yr - ₹9 L/yr 7% less
Niva Bupa Health Insurance Company Deputy Manager Salary 4 - 11 years exp. (27 salaries)	₹6 L/yr - ₹12.5 L/yr 12% more
Axa XL Deputy Manager Salary 7 - 13 years exp. (51 salaries)	₹8.2 L/yr - ₹24.5 L/yr 120% more	2 job openings
Digit Insurance Deputy Manager Salary 2 - 14 years exp. (26 salaries)	₹9.7 L/yr - ₹15.2 L/yr 59% more
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Aditya Birla Health Insurance Co Deputy Manager Salary 5 - 10 years exp. (22 salaries)	₹5.1 L/yr - ₹12.2 L/yr 1% more
Pramerica Life Insurance Deputy Manager Salary 5 - 15 years exp. (20 salaries)	₹5.5 L/yr - ₹18.9 L/yr 45% more
Future Generali India Life Insurance Deputy Manager Salary 8 - 14 years exp. (8 salaries)	₹5 L/yr - ₹9.6 L/yr 26% more	2 job openings
Allianz Partners Deputy Manager Salary 7 - 12 years exp. (7 salaries)	₹7.5 L/yr - ₹13 L/yr 34% more	1 job opening
Aviva Life Insurance India Deputy Manager Salary 5 - 8 years exp. (5 salaries)	₹5.9 L/yr - ₹8 L/yr At par
ManipalCigna Health Insurance Deputy Manager Salary 7 - 9 years exp. (5 salaries)	₹5.8 L/yr - ₹7.3 L/yr 6% less
Shriram General Insurance Deputy Manager Salary 1 - 7 years exp. (4 salaries)	₹4.9 L/yr - ₹7.8 L/yr 22% less
IndiaFirst Life Insurance Deputy Manager Salary 7 - 8 years exp. (3 salaries)	₹5.9 L/yr - ₹7 L/yr 10% less
Cholamandalam MS General Insurance Deputy Manager Salary 5 - 10 years exp. (3 salaries)	₹6.2 L/yr - ₹10.3 L/yr 21% more

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Deputy Manager salary at Mahindra Insurance Brokers ranges between ₹4.6 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Deputy Manager salaries in New Delhi

Last Updated: 16 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.5 L/yr
6 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
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7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12.9 L/yr
9 years (3 salaries)	₹4.6 L/yr - ₹9 L/yr

Salary related reviews for Mahindra Insurance Brokers

3.0

Rated by 1 employees for salary & benefits

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 Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Mahindra Insurance Brokers New Delhi?

Deputy Manager salary at Mahindra Insurance Brokers in New Delhi ranges between ₹4.6 Lakhs to ₹9.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 17% less than the average Deputy Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Insurance Brokers New Delhi.

How does the salary of a Deputy Manager at Mahindra Insurance Brokers New Delhi compare with the average salary range for this job?

The average salary of a Deputy Manager at Mahindra Insurance Brokers is 17% less than the average salary of a Deputy Manager in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Insurance Brokers to a Deputy Manager in New Delhi?

National Insurance Company Deputy Manager Salary - ₹17.0 Lakhs to ₹24.0 Lakhs per year
United India Insurance Company Deputy Manager Salary - ₹17.9 Lakhs to ₹21.0 Lakhs per year
The New India Assurance Co. Deputy Manager Salary - ₹18.0 Lakhs to ₹20.0 Lakhs per year
Axa XL Deputy Manager Salary - ₹8.2 Lakhs to ₹24.5 Lakhs per year
Bajaj Allianz General Insurance Deputy Manager Salary - ₹6.9 Lakhs to ₹13.8 Lakhs per year

What is the salary of a Deputy Manager in companies similar to Mahindra Insurance Brokers in New Delhi?

Digit Insurance Deputy Manager Salary - ₹9.7 Lakhs to ₹15.2 Lakhs per year
Pramerica Life Insurance Deputy Manager Salary - ₹5.5 Lakhs to ₹18.9 Lakhs per year
Allianz Partners Deputy Manager Salary - ₹7.5 Lakhs to ₹13.0 Lakhs per year
Future Generali India Life Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹9.6 Lakhs per year
Cholamandalam MS General Insurance Deputy Manager Salary - ₹6.2 Lakhs to ₹10.3 Lakhs per year

What is the estimated take home salary of a Deputy Manager at Mahindra Insurance Brokers in New Delhi?

The estimated take-home salary of a Deputy Manager at Mahindra Insurance Brokers ranges between ₹54,499 per month to ₹55,860 per month in New Delhi. The take-home salary calculation is based on the average Mahindra Insurance Brokers Deputy Manager salary in India which ranges between ₹4.6 Lakhs to ₹9.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Mahindra Insurance Brokers in New Delhi?

According to AmbitionBox, 100% of the Mahindra Insurance Brokers Deputy Managers in New Delhi reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Deputy Manager Salaries in New Delhi

Mahindra Insurance Brokers Deputy Manager salary in New Delhi ranges between ₹4.6 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.