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ManipalCigna Health Insurance Branch Manager salaries in India (Updated 2025)

Annual salary range
7 - 17 years exp.
₹4.8 Lakhs - ₹10.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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13% less than the average Branch Manager Salary in Insurance Companies for 7 - 17 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Branch Manager Salary
7 - 16 years exp. (22 salaries)
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₹5.5 L/yr - ₹10.5 L/yr

BFSI, Investments & Trading
Branch Manager Salary
7 - 13 years exp. (14 salaries)
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₹4.8 L/yr - ₹9 L/yr

Marketing & Communication
Branch Manager Salary
14 - 17 years exp. (4 salaries)
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₹7.5 L/yr - ₹10.4 L/yr

Finance & Accounting
Branch Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹7.4 L/yr - ₹8.5 L/yr

Last Updated: 16 Mar 2025

Companies similar to ManipalCigna Health Insurance for Branch Manager

Company name Avg Annual Salary Open Jobs
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₹2.9 L/yr - ₹8.8 L/yr

arrow icon 29% less
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Shriram General Insurance Branch Manager Salary

6 - 15 years exp. (176 salaries)

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₹3.2 L/yr - ₹8.5 L/yr

arrow icon 20% less
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₹5 L/yr - ₹12 L/yr

arrow icon 11% more
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Axis Max Life Insurance Branch Manager Salary

8 - 19 years exp. (139 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 28% more
1 job opening
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₹5 L/yr - ₹17.3 L/yr

arrow icon 24% more
2 job openings
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Bharti AXA Life Insurance Branch Manager Salary

7 - 18 years exp. (72 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 2% more
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Edelweiss Life Insurance Branch Manager Salary

8 - 14 years exp. (50 salaries)

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₹5.7 L/yr - ₹8.5 L/yr

arrow icon 13% less
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₹5.5 L/yr - ₹11.5 L/yr

arrow icon 11% more
7 job openings
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₹7 L/yr - ₹15 L/yr

arrow icon 24% more
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₹8 L/yr - ₹14.2 L/yr

arrow icon 31% more
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₹4.5 L/yr - ₹11 L/yr

arrow icon 1% less
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Bajaj Capital Insurance Branch Manager Salary

3 - 10 years exp. (16 salaries)

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₹2.9 L/yr - ₹4.5 L/yr

arrow icon 55% less
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₹7 L/yr - ₹12 L/yr

arrow icon 15% more
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₹5 L/yr - ₹9.3 L/yr

arrow icon 6% less
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SBI General Insurance Branch Manager Salary

7 - 12 years exp. (7 salaries)

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₹6.5 L/yr - ₹10.5 L/yr

arrow icon 2% less
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₹4.2 L/yr - ₹7.5 L/yr

arrow icon 28% less
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Medi Assist India Branch Manager Salary

7 - 13 years exp. (6 salaries)

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₹4.3 L/yr - ₹13.6 L/yr

arrow icon 1% less
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Aegon Life Insurance Branch Manager Salary

10 - 13 years exp. (5 salaries)

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₹5.1 L/yr - ₹13.2 L/yr

arrow icon 1% more
Branch Manager salary at ManipalCigna Health Insurance ranges between ₹4.8 Lakhs to ₹10.5 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 47 latest salaries received from various employees of ManipalCigna Health Insurance.

Latest annual salaries shared by ManipalCigna Health Insurance Branch Manager

3d ago
₹6 Lakhs
14 years exp.
1w ago
₹8.1 Lakhs
7 years exp.
2w ago
₹9 Lakhs
16 years exp.
1mo ago
₹8.5 Lakhs
17 years exp.
1mo ago
₹8 Lakhs
16 years exp.
1mo ago
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12 years exp.
1mo ago
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10 years exp.
2mo ago
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14 years exp.
2mo ago
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13 years exp.
3mo ago
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14 years exp.

Experience wise ManipalCigna Health Insurance Branch Manager salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
7 years  (3 salaries)

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₹7 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹13.5 L/yr
9 years  (5 salaries)

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₹5.5 L/yr - ₹9 L/yr
10 years  (6 salaries)

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₹5.7 L/yr - ₹8.8 L/yr
11 years  (6 salaries)

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₹5.4 L/yr - ₹9 L/yr
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Similar Designation salaries in ManipalCigna Health Insurance

Area Manager Salary
(24 salaries)
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₹6 L/yr - ₹15 L/yr
Sales Manager Salary
(15 salaries)
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₹3 L/yr - ₹6 L/yr
Branch Head Salary
(4 salaries)
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₹5.25 L/yr - ₹7.45 L/yr
Deputy Manager Salary
(98 salaries)
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₹4 L/yr - ₹13.12 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹16.4 L/yr - ₹20.9 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr
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₹8 L/yr - ₹9.75 L/yr
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₹5.25 L/yr - ₹5.95 L/yr
Cluster Manager Salary
(42 salaries)
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₹5.5 L/yr - ₹9 L/yr
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₹4.75 L/yr - ₹7.66 L/yr

Top skills at ManipalCigna Health Insurance for Branch Manager

Management Networking HR Competitive Intelligence Operations Training Penetration Sales Customer Service Budgeting Bfsi Sales Sales Distribution Private Banking Retail Banking

Salary related reviews for ManipalCigna Health Insurance

4.1

Rated by 14 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 25 Jul 2024

1.0
 for  Salary and Benefits

Likes

Managers behaviour is good, specialy my manager was very gentleman

Dislikes

Low salary,there is no goalsheet for promotion,every month you get different target and you never know your next months target, office premises is very short,training room too short,there is no pantry room,leave policy is horrible, Saturday timing is 9.30 to 1.30,but every Saturday you have be in office till 4-5 pm

read more
  • Salary - Bad
  • +4 more

Sales & Marketing Department

5.0
  •  posted on 31 Jan 2021

4.0
 for  Salary and Benefits

Likes

Good environment and support of team members and nice transparency from management side company's policy are good every year bonus from company side

read more
  • Salary - Good
  • +6 more

Dislikes

Salary is not decent and also effective for my career growth the management doesn't address some important issues

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

  • Job security - Excellent
  • +1 more

Dislikes

Full of politics No proper growth No proper pay No clarity on plans Branch manager will be not having any product knowledge just asked us to close the leads with fake information to customers Targeting HR will listen you if u r above branch manager she won't give reply if u less than branch manager No proper channel for complaints

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Human Resources Department

4.0
  •  posted on 09 Dec 2023

2.0
 for  Salary and Benefits

Likes

The culture is somehow very friendly

  • Skill development - Good
  • +3 more

Dislikes

...here the top management is protected even if some of them are outright are evil. Poor compensation structure. No benefits/perks at all. Very small workspace. People do not have space to sit. And even then work from home is not an option

read more
  • Salary - Poor

Full Time

 · 

Agency Sales Department

5.0
  •  posted on 25 Nov 2022

3.0
 for  Salary and Benefits

Likes

Best Health ins Products in this Health Insurance Sector, the Tag Line of "Ek Baar Lo Accha Lo" and "Expert ki Suno sahi Chuno" is fit for My Company Profiles. Its products for Best for Future Benefits.

read more
  • Job security - Good
  • +4 more

Dislikes

Company Target were going higher side so unable to Achive. and salary and insentive is very low about to cost cutting. Training part is very poor. HR Hireing is just Filling the Blanks.

read more
see more salary related reviews

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ManipalCigna Health Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at ManipalCigna Health Insurance ?
The average salary of a Branch Manager at ManipalCigna Health Insurance in India typically ranges from ₹4.8 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Branch Manager at ManipalCigna Health Insurance earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Branch Manager Salaries at ManipalCigna Health Insurance 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 40+ ManipalCigna Health Insurance employees in India.
What is the estimated take home salary of a Branch Manager at ManipalCigna Health Insurance in India?
The estimated take-home salary of a Branch Manager at ManipalCigna Health Insurance in India typically ranges from ₹59,127 to ₹60,619 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 7 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 40+ salaries received from various employees of ManipalCigna Health Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Manager at ManipalCigna Health Insurance ?
To be a Branch Manager at ManipalCigna Health Insurance in india, the key skills required include:

  • - Management
  • - Networking
  • - HR
  • - Competitive Intelligence
  • - Operations

These skills are highly valued at ManipalCigna Health Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ManipalCigna Health Insurance for Branch Manager in India?
Universal Sompo General Insurance ₹8.0 Lakhs to ₹14.2 Lakhs per year
Axis Max Life Insurance ₹7.0 Lakhs to ₹14.0 Lakhs per year
Future Generali India Life Insurance ₹5.0 Lakhs to ₹17.3 Lakhs per year
Aviva Life Insurance India ₹7.0 Lakhs to ₹15.0 Lakhs per year
Ageas Federal Life Insurance ₹7.0 Lakhs to ₹12.0 Lakhs per year

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

Star Union Dai-ichi Life Insurance ₹5.5 Lakhs to ₹11.5 Lakhs per year
Aditya Birla Health Insurance Co ₹5.0 Lakhs to ₹12.0 Lakhs per year
Bharti AXA Life Insurance ₹5.0 Lakhs to ₹12.0 Lakhs per year
Aegon Life Insurance ₹5.1 Lakhs to ₹13.2 Lakhs per year
Royal Sundaram General Insurance ₹4.5 Lakhs to ₹11.0 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 Branch Manager at ManipalCigna Health Insurance in India?
The salary growth for a Branch Manager at ManipalCigna Health Insurance depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at ManipalCigna Health Insurance:

Experience Average Salary Range
7 years ₹7.0 Lakhs to ₹8.1 Lakhs per year
8 years ₹4.8 Lakhs to ₹13.5 Lakhs per year
9 years ₹5.5 Lakhs to ₹9.0 Lakhs per year
10 years ₹5.7 Lakhs to ₹8.8 Lakhs per year
and so on.

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ManipalCigna Health Insurance Branch Manager salary in India ranges between ₹4.8 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 47 ManipalCigna Health Insurance latest salaries received from various employees of ManipalCigna Health Insurance.