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Manappuram Insurance Brokers Regional Manager salaries in India

Annual salary range
9 - 18 years exp.
₹5.1 Lakhs - ₹12 Lakhs
Salary of majority employees
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46% less than the average Regional Manager Salary in Insurance Companies for 9 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Regional Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6 L/yr

Sales & Business Development
Regional Manager Salary
18 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11 L/yr

Last Updated: 8 Mar 2023

Companies similar to Manappuram Insurance Brokers for Regional Manager

Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹23 L/yr

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₹13.4 L/yr - ₹35 L/yr

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Tata AIA Life Insurance Regional Manager Salary

9 - 19 years exp. (78 salaries)

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₹5.3 L/yr - ₹16 L/yr

arrow icon 45% more
10 job openings
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Axis Max Life Insurance Regional Manager Salary

11 - 21 years exp. (77 salaries)

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₹7.6 L/yr - ₹32.1 L/yr

arrow icon 131% more
1 job opening
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PNB MetLife Regional Manager Salary

15 - 20 years exp. (55 salaries)

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₹14 L/yr - ₹26 L/yr

arrow icon 148% more
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₹13 L/yr - ₹27 L/yr

arrow icon 170% more
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₹7.3 L/yr - ₹19.9 L/yr

arrow icon 46% more
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₹10.2 L/yr - ₹28 L/yr

arrow icon 133% more
1 job opening
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₹8 L/yr - ₹23.9 L/yr

arrow icon 84% more
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₹12.7 L/yr - ₹24 L/yr

arrow icon 122% more
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HDFC Life Regional Manager Salary

11 - 23 years exp. (18 salaries)

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₹11.5 L/yr - ₹35.2 L/yr

arrow icon 155% more
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₹14.1 L/yr - ₹38 L/yr

arrow icon 202% more
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₹10.3 L/yr - ₹22 L/yr

arrow icon 95% more
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₹17.5 L/yr - ₹29.5 L/yr

arrow icon 170% more
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Tata AIG Regional Manager Salary

5 - 19 years exp. (10 salaries)

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₹8 L/yr - ₹13 L/yr

arrow icon 30% more
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₹15.8 L/yr - ₹25.7 L/yr

arrow icon 134% more
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₹30 L/yr - ₹39.1 L/yr

arrow icon 337% more
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₹8.5 L/yr - ₹16.5 L/yr

arrow icon 51% more
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₹12 L/yr - ₹22.5 L/yr

arrow icon 73% more
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₹6.9 L/yr - ₹17.9 L/yr

arrow icon 24% more
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Regional Manager salary at Manappuram Insurance Brokers ranges between ₹5.1 Lakhs to ₹12 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Insurance Brokers.

Latest annual salaries shared by Manappuram Insurance Brokers Regional Manager

1y ago
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18 years exp.
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9 years exp.
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10 years exp.
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18 years exp.

Experience wise Manappuram Insurance Brokers Regional Manager salaries

Last Updated: 8 Mar 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.8 L/yr
11 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr
View all

Similar Designation salaries in Manappuram Insurance Brokers

Zonal Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.6 L/yr
Regional Head Salary
(6 salaries)
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₹2.8 L/yr - ₹4 L/yr
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₹3.5 L/yr - ₹3.65 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Deputy Manager Salary
(3 salaries)
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₹4.6 L/yr - ₹5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Sales Manager Salary
(5 salaries)
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₹3 L/yr - ₹3.5 L/yr
Deputy General Manager Salary
(AmbitionBox Estimate)
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₹0.7 L/yr - ₹0.9 L/yr
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₹6.5 L/yr - ₹7.45 L/yr
Business Development Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Manappuram Insurance Brokers

1.0

Rated by 1 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +4 more

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

read more

Dislikes

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

  • Salary - Bad
  • +6 more

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

read more
  • 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

read more

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

read more
  • 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

read more

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

read more
  • 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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Manappuram Insurance Brokers Regional Manager Salary FAQs

What is the salary of Regional Manager at Manappuram Insurance Brokers ?
The average salary of a Regional Manager at Manappuram Insurance Brokers in India typically ranges from ₹5.1 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of Regional Manager at Manappuram Insurance Brokers earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Regional Manager 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 4 Manappuram Insurance Brokers employees in India.
What is the estimated take home salary of a Regional Manager at Manappuram Insurance Brokers in India?
The estimated take-home salary of a Regional Manager at Manappuram Insurance Brokers in India typically ranges from ₹59,705 to ₹61,214 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 9 years to 18 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 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 Manager in India?
SBI Life Insurance Company ₹30.0 Lakhs to ₹39.1 Lakhs per year
Aditya Birla Health Insurance Co ₹18.6 Lakhs to ₹45.0 Lakhs per year
ICICI Prudential Life Insurance ₹13.4 Lakhs to ₹35.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹14.1 Lakhs to ₹38.0 Lakhs per year
Reliance Nippon Life Insurance ₹13.0 Lakhs to ₹27.0 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 Manager in companies similar to Manappuram Insurance Brokers in India?
The salary of a Regional Manager at companies similar to Manappuram Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Union Dai-ichi Life Insurance ₹17.5 Lakhs to ₹29.5 Lakhs per year
HDFC Life ₹11.5 Lakhs to ₹35.2 Lakhs per year
PNB MetLife ₹14.0 Lakhs to ₹26.0 Lakhs per year
Star Health & Allied Insurance ₹15.8 Lakhs to ₹25.7 Lakhs per year
Future Generali India Life Insurance ₹10.2 Lakhs to ₹28.0 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 Regional Manager at Manappuram Insurance Brokers in India?
The salary growth for a Regional Manager at Manappuram Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Regional Manager can expect the following growth trajectory at Manappuram Insurance Brokers:

Experience Average Salary Range
9 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
10 years ₹5.3 Lakhs to ₹6.8 Lakhs per year
11 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
12 years ₹6.4 Lakhs to ₹8.2 Lakhs per year
and so on.

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Manappuram Insurance Brokers Regional Manager salary in India ranges between ₹5.1 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Manappuram Insurance Brokers latest salaries received from various employees of Manappuram Insurance Brokers.