ManipalCigna Health Insurance Mumbai Branch Manager Salaries by 3 Employees

10 - 11 years exp.

₹5.4 Lakhs - ₹8.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

31% less than the average Branch Manager Salary in Insurance Companies for 10 - 11 years of experience

Interested in this particular role? 1 job opening

Last Updated: 12 Mar 2023

Companies similar to ManipalCigna Health Insurance for Branch Manager in Mumbai

ManipalCigna Health Insurance Branch Manager Salary

10 - 11 years exp. (3 salaries)

₹5.4 L/yr - ₹8.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Branch Manager Salary 9 - 18 years exp. (12 salaries)	₹7.3 L/yr - ₹12.5 L/yr 40% more	1 job opening
Cholamandalam MS General Insurance Branch Manager Salary 4 - 12 years exp. (10 salaries)	₹3.5 L/yr - ₹7.5 L/yr 17% less
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Future Generali India Life Insurance Branch Manager Salary 7 - 18 years exp. (7 salaries)	₹8 L/yr - ₹12.2 L/yr 34% more	2 job openings
Bharti AXA Life Insurance Branch Manager Salary 12 - 15 years exp. (5 salaries)	₹7.6 L/yr - ₹9.9 L/yr 12% more
Aditya Birla Health Insurance Co Branch Manager Salary 11 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹9.7 L/yr 31% more
Universal Sompo General Insurance Branch Manager Salary 10 - 15 years exp. (4 salaries)	₹11.8 L/yr - ₹14.2 L/yr 84% more
Edelweiss Life Insurance Branch Manager Salary 9 - 10 years exp. (3 salaries)	₹6.6 L/yr - ₹7 L/yr 6% less
Shriram General Insurance Branch Manager Salary 8 - 15 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr 3% more

Branch Manager salary at ManipalCigna Health Insurance ranges between ₹5.4 Lakhs to ₹8.8 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of ManipalCigna Health Insurance.

Experience wise ManipalCigna Health Insurance Branch Manager salaries in Mumbai

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
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11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr

Similar Designation salaries in ManipalCigna Health Insurance

Deputy Manager Salary

(72 salaries)

₹5.5 L/yr - ₹14.5 L/yr

Cluster Manager Salary

(3 salaries)

₹7.21 L/yr - ₹8 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

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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ManipalCigna Health Insurance Branch Manager Salary FAQs

How the salary growth look like for a Branch Manager at ManipalCigna Health Insurance in Mumbai?

The salary growth for a Branch Manager at ManipalCigna Health Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Mumbai can expect the following growth trajectory at ManipalCigna Health Insurance:

Experience	Average Salary Range
10 years	₹6.4 Lakhs to ₹8.1 Lakhs per year
11 years	₹6.5 Lakhs to ₹8.3 Lakhs per year

and so on.

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ManipalCigna Health Insurance Branch Manager Salaries in Mumbai

ManipalCigna Health Insurance Branch Manager salary in Mumbai ranges between ₹5.4 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 ManipalCigna Health Insurance latest salaries received from various employees of ManipalCigna Health Insurance.