Mahindra Insurance Brokers Zonal Manager Salaries by 4 Employees (Updated 2024)

15 - 22 years exp.

₹22.9 Lakhs - ₹34 Lakhs

Salary of majority employees

93% more than the average Zonal Manager Salary in Insurance Companies for 15 - 22 years of experience

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Salaries in different departments

Marketing & Communication Zonal Manager Salary 21 - 22 years exp. (AmbitionBox Estimate)	₹32 L/yr - ₹34 L/yr
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Customer Success, Service & Operations Zonal Manager Salary 15 years exp. (AmbitionBox Estimate)	₹20.6 L/yr - ₹25.2 L/yr

Last Updated: 6 Aug 2024

Companies similar to Mahindra Insurance Brokers for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Zonal Manager Salary 15 - 20 years exp. (4 salaries)	₹21 L/yr - ₹24 L/yr 25% less
Bajaj Allianz General Insurance Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹16 L/yr - ₹23 L/yr 39% less
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Reliance General Insurance Zonal Manager Salary 10 - 14 years exp. (4 salaries)	₹7.3 L/yr - ₹8.6 L/yr 72% less
Tata AIG Zonal Manager Salary 12 - 16 years exp. (7 salaries)	₹13 L/yr - ₹14.8 L/yr 52% less
Star Health & Allied Insurance Zonal Manager Salary 13 - 25 years exp. (7 salaries)	₹20 L/yr - ₹39 L/yr 5% more
Niva Bupa Health Insurance Company Zonal Manager Salary 16 - 24 years exp. (4 salaries)	₹19.6 L/yr - ₹31 L/yr 22% less
Aditya Birla Health Insurance Co Zonal Manager Salary 10 - 20 years exp. (7 salaries)	₹13 L/yr - ₹31 L/yr 23% less
Aviva Life Insurance India Zonal Manager Salary 12 - 19 years exp. (4 salaries)	₹10.5 L/yr - ₹30 L/yr 39% less
Future Generali India Life Insurance Zonal Manager Salary 11 - 23 years exp. (4 salaries)	₹13.5 L/yr - ₹31 L/yr 30% less
Pramerica Life Insurance Zonal Manager Salary 8 - 15 years exp. (4 salaries)	₹6 L/yr - ₹15.5 L/yr 62% less
Edelweiss Tokio Life Insurance Zonal Manager Salary 9 - 21 years exp. (4 salaries)	₹6 L/yr - ₹31 L/yr 29% less
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Allianz Partners Zonal Manager Salary 11 - 18 years exp. (3 salaries)	₹8.4 L/yr - ₹27.5 L/yr 31% less
Cholamandalam MS General Insurance Zonal Manager Salary 14 - 16 years exp. (3 salaries)	₹24.8 L/yr - ₹30 L/yr 10% less
ManipalCigna Health Insurance Zonal Manager Salary 6 - 20 years exp. (4 salaries)	₹15.4 L/yr - ₹36 L/yr 7% less

Zonal Manager salary at Mahindra Insurance Brokers ranges between ₹22.9 Lakhs to ₹34 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 Zonal Manager salaries

Last Updated: 6 Aug 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹22.9 L/yr - ₹34 L/yr
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Similar Designation salaries in Mahindra Insurance Brokers

Regional Manager Salary

(7 salaries)

₹15 L/yr - ₹27.8 L/yr

Sales Manager Salary

(6 salaries)

₹3.15 L/yr - ₹5 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹39.35 L/yr - ₹41 L/yr

Zonal Head Salary

(3 salaries)

₹28 L/yr - ₹33 L/yr

Deputy Manager Salary

(38 salaries)

₹3.3 L/yr - ₹10 L/yr

Cluster Manager Salary

(13 salaries)

₹8.58 L/yr - ₹13 L/yr

Area Sales Manager Salary

(6 salaries)

₹4.6 L/yr - ₹14.8 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Regional Head Salary

(AmbitionBox Estimate)

₹29.5 L/yr - ₹37.7 L/yr

Deputy General Manager Salary

(5 salaries)

₹33.75 L/yr - ₹38.5 L/yr

Salary related reviews for Mahindra Insurance Brokers

2.0

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 Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Insurance Brokers Zonal Manager Salary FAQs

What is the salary of Zonal Manager at Mahindra Insurance Brokers?

Zonal Manager salary at Mahindra Insurance Brokers in India ranges between ₹22.9 Lakhs to ₹34.0 Lakhs for experience between 15 years to 22 years. According to our estimates it is 93% more than the average Zonal Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Insurance Brokers India.

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

The average salary of a Zonal Manager at Mahindra Insurance Brokers is 93% more than the average salary of a Zonal Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Insurance Brokers to a Zonal Manager in India?

Star Health & Allied Insurance Zonal Manager Salary - ₹20.0 Lakhs to ₹39.0 Lakhs per year

What is the salary of a Zonal Manager in companies similar to Mahindra Insurance Brokers in India?

ManipalCigna Health Insurance Zonal Manager Salary - ₹15.4 Lakhs to ₹36.0 Lakhs per year
Cholamandalam MS General Insurance Zonal Manager Salary - ₹24.8 Lakhs to ₹30.0 Lakhs per year
Niva Bupa Health Insurance Company Zonal Manager Salary - ₹19.6 Lakhs to ₹31.0 Lakhs per year
Aditya Birla Health Insurance Co Zonal Manager Salary - ₹13.0 Lakhs to ₹31.0 Lakhs per year
ICICI Lombard General Insurance Company Zonal Manager Salary - ₹21.0 Lakhs to ₹24.0 Lakhs per year

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

The estimated take-home salary of a Zonal Manager at Mahindra Insurance Brokers ranges between ₹1,77,719 per month to ₹1,84,618 per month in India. The take-home salary calculation is based on the average Mahindra Insurance Brokers Zonal Manager salary in India which ranges between ₹22.9 Lakhs to ₹34.0 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 Zonal Manager at Mahindra Insurance Brokers?

According to AmbitionBox, 100% of the Mahindra Insurance Brokers Zonal Managers reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahindra Insurance Brokers Zonal Manager Salaries

Mahindra Insurance Brokers Zonal Manager salary in India ranges between ₹22.9 Lakhs to ₹34 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.