Manappuram Insurance Brokers Regional Head Salaries by 6 Employees

0 - 3 years exp.

₹2.8 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

88% less than the average Regional Head Salary in Insurance Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Head Salary 2 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹3 L/yr
Finance & Accounting Regional Head Salary Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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Strategic & Top Management Regional Head Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 28 Jul 2023

Companies similar to Manappuram Insurance Brokers for Regional Head

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Regional Head Salary 13 - 23 years exp. (100 salaries)	₹12.4 L/yr - ₹28.8 L/yr 564% more
HDFC Life Regional Head Salary 17 - 21 years exp. (33 salaries)	₹16 L/yr - ₹35 L/yr 798% more
Login to view exact salary
PNB MetLife Regional Head Salary 15 - 20 years exp. (25 salaries)	₹16 L/yr - ₹31 L/yr 743% more
Bajaj Allianz General Insurance Regional Head Salary 10 - 22 years exp. (23 salaries)	₹13 L/yr - ₹36.7 L/yr 609% more	1 job opening
Axis Max Life Insurance Regional Head Salary 7 - 23 years exp. (19 salaries)	₹9.2 L/yr - ₹37 L/yr 604% more
Reliance General Insurance Regional Head Salary 11 - 22 years exp. (15 salaries)	₹11.2 L/yr - ₹25.5 L/yr 499% more
Future Generali India Life Insurance Regional Head Salary 16 - 24 years exp. (14 salaries)	₹19 L/yr - ₹35 L/yr 793% more
Tata AIA Life Insurance Regional Head Salary 10 - 20 years exp. (11 salaries)	₹9 L/yr - ₹23.8 L/yr 398% more
Canara HSBC Life Insurance Regional Head Salary 10 - 19 years exp. (11 salaries)	₹11 L/yr - ₹19.8 L/yr 412% more
Bharti AXA Life Insurance Regional Head Salary 17 - 25 years exp. (11 salaries)	₹23 L/yr - ₹32.4 L/yr 843% more
Reliance Nippon Life Insurance Regional Head Salary 15 - 21 years exp. (9 salaries)	₹18.5 L/yr - ₹25 L/yr 581% more
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Aditya Birla Health Insurance Co Regional Head Salary 16 - 22 years exp. (8 salaries)	₹18 L/yr - ₹29.1 L/yr 742% more
Aditya Birla Sun Life Insurance Regional Head Salary 8 - 20 years exp. (7 salaries)	₹12 L/yr - ₹23 L/yr 491% more
Cholamandalam MS General Insurance Regional Head Salary 14 - 25 years exp. (7 salaries)	₹13 L/yr - ₹29.9 L/yr 567% more
Star Health & Allied Insurance Regional Head Salary 16 - 20 years exp. (7 salaries)	₹20.3 L/yr - ₹33.9 L/yr 833% more
Star Union Dai-ichi Life Insurance Regional Head Salary 15 - 23 years exp. (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.5 L/yr 637% more	1 job opening
ICICI Prudential Life Insurance Regional Head Salary 19 - 24 years exp. (5 salaries)	₹21 L/yr - ₹30 L/yr 648% more
Tata AIG Regional Head Salary 4 - 14 years exp. (5 salaries)	₹12.9 L/yr - ₹25 L/yr 501% more
HDFC Ergo General Insurance Regional Head Salary 8 - 18 years exp. (5 salaries)	₹12 L/yr - ₹21 L/yr 436% more
ICICI Lombard General Insurance Company Regional Head Salary 11 - 15 years exp. (4 salaries)	₹14 L/yr - ₹25.8 L/yr 595% more

View all

Regional Head salary at Manappuram Insurance Brokers ranges between ₹2.8 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Manappuram Insurance Brokers.

Experience wise Manappuram Insurance Brokers Regional Head salaries

Last Updated: 28 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.9 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr

Similar Designation salaries in Manappuram Insurance Brokers

Regional Manager Salary

(4 salaries)

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Regional Head Sales Salary

(5 salaries)

₹3.5 L/yr - ₹3.65 L/yr

Zonal Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Deputy Manager Salary

(3 salaries)

₹4.6 L/yr - ₹5 L/yr

Sales Manager Salary

(5 salaries)

₹3 L/yr - ₹3.5 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹0.7 L/yr - ₹0.9 L/yr

Assistant General Manager Salary

(5 salaries)

₹6.5 L/yr - ₹7.45 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Manappuram Insurance Brokers

1.7

Rated by 3 employees for salary & benefits

Regional Head Sales in Kerala

Sales & Business Development Department

2.0

• posted on 26 Apr 2022

2.0

for Salary and Benefits

Likes

What good in this company is you can maintain your work life balance easily.

Job security - Excellent

+1 more

Dislikes

...or Management is not up to the mark. No proper future planning to grow business. Salary cutting issue. There is no satisfaction at all.

Salary - Poor

+4 more

Regional Head Sales

Sales & Business Development Department

1.0

• posted on 07 Jun 2020

1.0

for Salary and Benefits

Likes

Company Have not supported in the pandemic situation ,They have introduced revenue based Salary.Every one in the company suffering financial problems and work pressure is so high

Dislikes

200% Employer friendly company No support to employees in difficult situation

Salary - Bad

+6 more

Regional Manager - Corporate Sales in New Delhi

Corporate Sales Department

4.0

• posted on 01 Sep 2019

4.0

for Salary and Benefits

Likes

Timely Salary credit Kerala Head office trying to follow ISO rules while onboarding and Relieving of employees

Salary - Good

+2 more

Dislikes

Salary calculation processs and Salary slip format not in place as yet Responses from HR are very I frequent leaving concerns of employees unattended

Sales Manager in Davanagere

Insurance sales Bankassurance Department

4.0

• posted on 07 Jun 2019

3.0

for Salary and Benefits

Likes

Just simply ok dont expect much but company standards are good you can get all your Travell expenses updating through app

Skill development - Good

+3 more

Dislikes

It is based on local leaders so if they are good you will get more business the less stress if they are not focused you can't do anything

Senior Manager

Finance & Accounting Department

4.0

• posted on 11 Dec 2018

4.0

for Salary and Benefits

Likes

Wonderful experience, our CEO (Mr. Kamalakar) is a real inspiration for all young professionals who want to excel in their career. Overall pleasant experience

Salary - Good

+6 more

Dislikes

The current team can be more experienced and should have the hunger for learning, which seems missing for some people.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Manappuram Insurance Brokers Regional Head Salary FAQs

What is the salary of Regional Head at Manappuram Insurance Brokers ?

The average salary of a Regional Head at Manappuram Insurance Brokers in India typically ranges from ₹2.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Regional Head at Manappuram Insurance Brokers earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Regional Head Salaries at Manappuram 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 6 Manappuram Insurance Brokers employees in India.

What is the estimated take home salary of a Regional Head at Manappuram Insurance Brokers in India?

The estimated take-home salary of a Regional Head at Manappuram Insurance Brokers in India typically ranges from ₹21,325 to ₹22,968 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 salaries received from various employees of Manappuram Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Manappuram Insurance Brokers for Regional Head in India?

Bharti AXA Life Insurance	₹23.0 Lakhs to ₹32.4 Lakhs per year
Star Health & Allied Insurance	₹20.3 Lakhs to ₹33.9 Lakhs per year
HDFC Life	₹16.0 Lakhs to ₹35.0 Lakhs per year
Future Generali India Life Insurance	₹19.0 Lakhs to ₹35.0 Lakhs per year
PNB MetLife	₹16.0 Lakhs to ₹31.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Manappuram Insurance Brokers, depending on the role and experience level.

What is the salary of a Regional Head in companies similar to Manappuram Insurance Brokers in India?

The salary of a Regional Head at companies similar to Manappuram Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co	₹18.0 Lakhs to ₹29.1 Lakhs per year
Kotak Mahindara Life Insurance	₹23.0 Lakhs to ₹26.5 Lakhs per year
ICICI Prudential Life Insurance	₹21.0 Lakhs to ₹30.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹19.2 Lakhs to ₹24.5 Lakhs per year
Bajaj Allianz General Insurance	₹13.0 Lakhs to ₹36.7 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 Regional Head at Manappuram Insurance Brokers in India?

The salary growth for a Regional Head at Manappuram Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Regional Head can expect the following growth trajectory at Manappuram Insurance Brokers:

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹2.8 Lakhs per year
1 year	₹1.1 Lakhs to ₹2.9 Lakhs per year
2 years	₹2.9 Lakhs to ₹5.4 Lakhs per year
3 years	₹3.0 Lakhs to ₹4.0 Lakhs per year

and so on.

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Manappuram Insurance Brokers Regional Head Salaries

Manappuram Insurance Brokers Regional Head salary in India ranges between ₹2.8 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Manappuram Insurance Brokers latest salaries received from various employees of Manappuram Insurance Brokers.