Mahindra Insurance Brokers Strategic Alliance Manager Salaries by 2 Employees (Updated 2025)

11 - 12 years exp.

₹14 Lakhs - ₹17.8 Lakhs

Low Confidence

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Last Updated: 24 May 2024

Companies similar to Mahindra Insurance Brokers for Strategic Alliance Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Strategic Alliance Manager Salary 1 - 3 years exp. (4 salaries)	₹11 L/yr - ₹14.5 L/yr 16% less
HDFC Ergo General Insurance Strategic Alliance Manager Salary 1 - 3 years exp. (3 salaries)	₹5.2 L/yr - ₹8.5 L/yr 54% less
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Niva Bupa Health Insurance Company Strategic Alliance Manager Salary 15 - 17 years exp. (3 salaries)	₹10.9 L/yr - ₹13.5 L/yr 21% less
IndiaFirst Life Insurance Strategic Alliance Manager Salary 4 - 12 years exp. (3 salaries)	₹11 L/yr - ₹12.8 L/yr 24% less
Expertrons Strategic Alliance Manager Salary 0 - 6 years exp. (12 salaries)	₹4.1 L/yr - ₹11 L/yr 53% less

Strategic Alliance Manager salary at Mahindra Insurance Brokers ranges between ₹14 Lakhs to ₹17.8 Lakhs per year for employees with experience between 11 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Insurance Brokers.

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Salary related reviews for Mahindra Insurance Brokers

Area Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

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%

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.

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

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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 Strategic Alliance Manager Salary FAQs

What is the notice period for Strategic Alliance Manager at Mahindra Insurance Brokers?

According to AmbitionBox, 100% of the Mahindra Insurance Brokers Strategic Alliance Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Strategic Alliance Manager Salaries

Mahindra Insurance Brokers Strategic Alliance Manager salary in India ranges between ₹14 Lakhs to ₹17.8 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Insurance Brokers.