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Mahindra Insurance Brokers Team Lead salaries in India

Annual salary range
6 - 17 years exp.
₹8.5 Lakhs - ₹11.4 Lakhs
Salary of majority employees
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12% more than the average Team Lead Salary in Insurance Companies for 6 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Team Lead Salary
16 - 17 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.4 L/yr

Sales & Business Development
Team Lead Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹10.3 L/yr - ₹12.5 L/yr

Last Updated: 12 Mar 2023

Companies similar to Mahindra Insurance Brokers for Team Lead

Company name Avg Annual Salary Open Jobs
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MetLife Team Lead Salary

3 - 12 years exp. (430 salaries)

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₹5 L/yr - ₹19.2 L/yr

arrow icon 15% more
1 job opening
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Medi Assist India Team Lead Salary

2 - 12 years exp. (319 salaries)

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₹2 L/yr - ₹7.3 L/yr

arrow icon 52% less
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Allianz Partners Team Lead Salary

4 - 9 years exp. (58 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 38% less
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ManipalCigna Health Insurance Team Lead Salary

4 - 12 years exp. (52 salaries)

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₹4 L/yr - ₹6.7 L/yr

arrow icon 49% less
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Bharti AXA Life Insurance Team Lead Salary

0 - 10 years exp. (42 salaries)

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₹1.8 L/yr - ₹7.3 L/yr

arrow icon 60% less
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₹2.8 L/yr - ₹9.5 L/yr

arrow icon 47% less
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Ageas Federal Life Insurance Team Lead Salary

0 - 2 years exp. (22 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 75% less
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₹3 L/yr - ₹8.5 L/yr

arrow icon 49% less
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Principal Global Services Team Lead Salary

3 - 13 years exp. (18 salaries)

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₹10.7 L/yr - ₹23.4 L/yr

arrow icon 37% more
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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 51% less
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₹4 L/yr - ₹7.4 L/yr

arrow icon 51% less
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₹1.8 L/yr - ₹8.6 L/yr

arrow icon 60% less
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Chubb Team Lead Salary

5 - 11 years exp. (12 salaries)

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₹15 L/yr - ₹40 L/yr

arrow icon 138% more
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Allianz Services Team Lead Salary

7 - 14 years exp. (8 salaries)

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₹4.9 L/yr - ₹5.9 L/yr

arrow icon 43% less
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Swiss Re Team Lead Salary

4 - 15 years exp. (7 salaries)

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₹9.3 L/yr - ₹32.6 L/yr

arrow icon 82% more
1 job opening
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Family Health Plan Team Lead Salary

4 - 7 years exp. (7 salaries)

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₹2.8 L/yr - ₹3.5 L/yr

arrow icon 68% less
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CignaTTk Health Insurance Team Lead Salary

6 - 9 years exp. (6 salaries)

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₹5.2 L/yr - ₹6 L/yr

arrow icon 46% less
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Magma HDI General Insurance Team Lead Salary

2 - 9 years exp. (6 salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 52% less
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Edelweiss Life Insurance Team Lead Salary

1 - 4 years exp. (6 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 65% less
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Liberty General Insurance Team Lead Salary

1 - 14 years exp. (6 salaries)

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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 48% less
View all
Team Lead salary at Mahindra Insurance Brokers ranges between ₹8.5 Lakhs to ₹11.4 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Insurance Brokers.

Latest annual salaries shared by Mahindra Insurance Brokers Team Lead

1y ago
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8 years exp.
1y ago
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6 years exp.
1y ago
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17 years exp.
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16 years exp.

Experience wise Mahindra Insurance Brokers Team Lead salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹11.4 L/yr
7 years (AmbitionBox Estimate)

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₹10.2 L/yr - ₹13.1 L/yr
8 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹11.4 L/yr
9 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.4 L/yr
10 years (AmbitionBox Estimate)

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₹9.4 L/yr - ₹12 L/yr
View all

Similar Designation salaries in Mahindra Insurance Brokers

Team Coach Salary
(10 salaries)
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₹1.4 L/yr - ₹4 L/yr
Branch Manager Salary
(24 salaries)
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₹4.2 L/yr - ₹6.5 L/yr
Deputy Manager Salary
(38 salaries)
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₹3.3 L/yr - ₹10 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
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₹14 L/yr - ₹15 L/yr
Operations Executive Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹1.95 L/yr - ₹2.5 L/yr

Salary related reviews for Mahindra Insurance Brokers

4.0

Rated by 1 employees for salary & benefits

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.

read more

Dislikes

Salary hike not up to the mark if achieve annual target 100% and more than ,variables policy announced very late after completing 100%

read more
  • Salary - Poor
  • +2 more

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.

read more
  • 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.

read more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Verticalisation ,politics salary is good but career growth is slow,

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Skill development - Good
  • +4 more

Dislikes

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

read more
see more salary related reviews

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Mahindra Insurance Brokers Team Lead Salary FAQs

What is the salary of Team Lead at Mahindra Insurance Brokers ?
The average salary of a Team Lead at Mahindra Insurance Brokers in India typically ranges from ₹8.5 Lakhs to ₹11.4 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of Team Lead at Mahindra Insurance Brokers earn more than ₹11.4 Lakhs per year, and the top 1% earn over ₹11.4 Lakhs per year. Team Lead Salaries at Mahindra Insurance Brokers can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Mahindra Insurance Brokers employees in India.
What is the estimated take home salary of a Team Lead at Mahindra Insurance Brokers in India?
The estimated take-home salary of a Team Lead at Mahindra Insurance Brokers in India typically ranges from ₹72,255 to ₹74,119 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹11.4 Lakhs per year for employees with experience ranging from 6 years to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Mahindra Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Insurance Brokers for Team Lead in India?
Chubb ₹15.0 Lakhs to ₹40.0 Lakhs per year
Swiss Re ₹9.3 Lakhs to ₹32.6 Lakhs per year
Principal Global Services ₹10.7 Lakhs to ₹23.4 Lakhs per year
MetLife ₹5.0 Lakhs to ₹19.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Insurance Brokers, depending on the role and experience level.
What is the salary of a Team Lead in companies similar to Mahindra Insurance Brokers in India?
The salary of a Team Lead at companies similar to Mahindra Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Pramerica Life Insurance ₹4.0 Lakhs to ₹20.0 Lakhs per year
First American Title ₹3.2 Lakhs to ₹8.2 Lakhs per year
Allianz Partners ₹3.8 Lakhs to ₹8.0 Lakhs per year
Allianz Services ₹4.9 Lakhs to ₹5.9 Lakhs per year
CignaTTk Health Insurance ₹5.2 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Team Lead at Mahindra Insurance Brokers in India?
The salary growth for a Team Lead at Mahindra Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Team Lead can expect the following growth trajectory at Mahindra Insurance Brokers:

Experience Average Salary Range
6 years ₹11.4 Lakhs to ₹11.4 Lakhs per year
7 years ₹10.2 Lakhs to ₹13.1 Lakhs per year
8 years ₹4.4 Lakhs to ₹11.4 Lakhs per year
9 years ₹9.7 Lakhs to ₹12.4 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Insurance Brokers Team Lead salary in India ranges between ₹8.5 Lakhs to ₹11.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.