Mahindra Insurance Brokers Deputy Vice President Salaries by 3 Employees (Updated 2024)

11 - 20 years exp.

₹41 Lakhs - ₹42 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Deputy Vice President Salary in Insurance Companies for 11 - 20 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Vice President Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹36.9 L/yr - ₹45.1 L/yr
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BFSI, Investments & Trading Deputy Vice President Salary 20 years exp. (AmbitionBox Estimate)	₹37.8 L/yr - ₹46.2 L/yr

Last Updated: 14 Dec 2024

Companies similar to Mahindra Insurance Brokers for Deputy Vice President

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Deputy Vice President Salary 12 - 23 years exp. (139 salaries)	₹20 L/yr - ₹59.5 L/yr 8% less
Bajaj Allianz General Insurance Deputy Vice President Salary 15 - 17 years exp. (3 salaries)	₹30 L/yr - ₹70 L/yr 12% more
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HDFC Ergo General Insurance Deputy Vice President Salary 14 - 22 years exp. (143 salaries)	₹18 L/yr - ₹48 L/yr 33% less
Reliance General Insurance Deputy Vice President Salary 12 - 21 years exp. (17 salaries)	₹22.7 L/yr - ₹50 L/yr 22% less
Tata AIG Deputy Vice President Salary 10 - 22 years exp. (55 salaries)	₹19.2 L/yr - ₹45.1 L/yr 32% less
Niva Bupa Health Insurance Company Deputy Vice President Salary 14 - 21 years exp. (8 salaries)	₹30 L/yr - ₹55 L/yr At par
IndiaFirst Life Insurance Deputy Vice President Salary 13 - 21 years exp. (14 salaries)	₹22 L/yr - ₹52 L/yr 21% less
Bharti AXA Life Insurance Deputy Vice President Salary 15 - 23 years exp. (14 salaries)	₹30 L/yr - ₹47 L/yr 11% less
Aviva Life Insurance India Deputy Vice President Salary 11 - 17 years exp. (9 salaries)	₹30 L/yr - ₹41.1 L/yr 14% less
ManipalCigna Health Insurance Deputy Vice President Salary 16 - 23 years exp. (7 salaries)	₹35.4 L/yr - ₹43 L/yr 5% less
Aditya Birla Health Insurance Co Deputy Vice President Salary 17 - 22 years exp. (5 salaries)	₹35.5 L/yr - ₹53 L/yr 2% more
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Edelweiss Life Insurance Deputy Vice President Salary 10 - 19 years exp. (5 salaries)	₹28 L/yr - ₹42 L/yr 12% less
Pramerica Life Insurance Deputy Vice President Salary 13 - 23 years exp. (3 salaries)	₹34.6 L/yr - ₹52.5 L/yr 6% more

Deputy Vice President salary at Mahindra Insurance Brokers ranges between ₹41 Lakhs to ₹42 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers Deputy Vice President salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹36.9 L/yr - ₹47.2 L/yr
12 years (AmbitionBox Estimate)	₹36.9 L/yr - ₹47.2 L/yr
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15+ years (AmbitionBox Estimate)	₹37.8 L/yr - ₹48.3 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Associate Vice President Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Assistant Vice President Salary

(4 salaries)

₹22 L/yr - ₹35 L/yr

Deputy Manager Salary

(38 salaries)

₹3.3 L/yr - ₹10 L/yr

Regional Head Salary

(AmbitionBox Estimate)

₹29.5 L/yr - ₹37.7 L/yr

Cluster Head Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹7.5 L/yr - ₹9.5 L/yr

Regional Manager Salary

(7 salaries)

₹15 L/yr - ₹27.8 L/yr

Branch Manager Salary

(22 salaries)

₹3.9 L/yr - ₹5.6 L/yr

Area Sales Manager Salary

(5 salaries)

₹3 L/yr - ₹10 L/yr

Regional Head Sales Salary

(AmbitionBox Estimate)

₹31.1 L/yr - ₹39.7 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 Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Mahindra Insurance Brokers Deputy Vice President Salary FAQs

What is the notice period for Deputy Vice President at Mahindra Insurance Brokers?

According to AmbitionBox, 100% of the Mahindra Insurance Brokers Deputy Vice Presidents reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Deputy Vice President Salaries

Mahindra Insurance Brokers Deputy Vice President salary in India ranges between ₹41 Lakhs to ₹42 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.