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ManipalCigna Health Insurance Branch Manager salaries in Mumbai

Annual salary range
8 - 11 years exp.
₹5.4 Lakhs - ₹8.8 Lakhs
Salary of majority employees
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33% less than the average Branch Manager Salary in Insurance Companies for 8 - 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

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ManipalCigna Health Insurance Branch Manager Salary

8 - 11 years exp. (4 salaries)

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₹5.4 L/yr - ₹8.8 L/yr

vs
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₹4.8 L/yr - ₹12 L/yr

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₹6 L/yr - ₹10.5 L/yr

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₹6.5 L/yr - ₹10.2 L/yr

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2 job openings
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Care Health Insurance Branch Manager Salary

5 - 18 years exp. (37 salaries)

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₹4 L/yr - ₹8 L/yr

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2 job openings
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₹5.5 L/yr - ₹7.3 L/yr

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Axis Max Life Insurance Branch Manager Salary

9 - 18 years exp. (12 salaries)

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₹7.3 L/yr - ₹12.5 L/yr

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₹6.4 L/yr - ₹12.2 L/yr

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1 job opening
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₹6.3 L/yr - ₹7.5 L/yr

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1 job opening
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₹3.5 L/yr - ₹6.6 L/yr

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Bharti AXA Life Insurance Branch Manager Salary

12 - 15 years exp. (6 salaries)

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₹6.2 L/yr - ₹9.9 L/yr

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₹6.5 L/yr - ₹9.7 L/yr

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₹6 L/yr - ₹8.5 L/yr

At par
Branch Manager salary at ManipalCigna Health Insurance ranges between ₹5.4 Lakhs to ₹8.8 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of ManipalCigna Health Insurance.

Latest annual salaries shared by ManipalCigna Health Insurance Branch Manager in Mumbai

1y ago
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8 years exp.
1y ago
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10 years exp.
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10 years exp.

Experience wise ManipalCigna Health Insurance Branch Manager salaries in Mumbai

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.8 L/yr
11 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹13 L/yr

Similar Designation salaries in ManipalCigna Health Insurance

Deputy Manager Salary
(55 salaries)
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₹5.5 L/yr - ₹13.44 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

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
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ManipalCigna Health Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at ManipalCigna Health Insurance Mumbai?
Branch Manager salary at ManipalCigna Health Insurance in Mumbai ranges between ₹5.4 Lakhs to ₹8.8 Lakhs for experience between 8 years to 11 years. According to our estimates it is 33% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ManipalCigna Health Insurance Mumbai.
How does the salary of a Branch Manager at ManipalCigna Health Insurance Mumbai compare with the average salary range for this job?
The average salary of a Branch Manager at ManipalCigna Health Insurance is 33% less than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at ManipalCigna Health Insurance?
Management, Networking, HR, Competitive Intelligence and Operations are some of the popular skills required to work as a Branch Manager at ManipalCigna Health Insurance Mumbai.
Which similar companies are paying more than ManipalCigna Health Insurance to a Branch Manager in Mumbai?
  • Axis Max Life Insurance Branch Manager Salary - ₹7.3 Lakhs to ₹12.5 Lakhs per year
  • Bharti AXA Life Insurance Branch Manager Salary - ₹6.2 Lakhs to ₹9.9 Lakhs per year
  • HDFC Ergo General Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
  • Future Generali India Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹12.2 Lakhs per year
  • Aditya Birla Health Insurance Co Branch Manager Salary - ₹6.5 Lakhs to ₹9.7 Lakhs per year
What is the salary of a Branch Manager in companies similar to ManipalCigna Health Insurance in Mumbai?
  • Star Health & Allied Insurance Branch Manager Salary - ₹6.5 Lakhs to ₹10.2 Lakhs per year
  • ICICI Lombard General Insurance Company Branch Manager Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year
  • Shriram General Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
  • Edelweiss Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹7.5 Lakhs per year
  • Bajaj Allianz General Insurance Branch Manager Salary - ₹5.5 Lakhs to ₹7.3 Lakhs per year
What is the estimated take home salary of a Branch Manager at ManipalCigna Health Insurance in Mumbai?
The estimated take-home salary of a Branch Manager at ManipalCigna Health Insurance ranges between ₹54,682 per month to ₹56,048 per month in Mumbai. The take-home salary calculation is based on the average ManipalCigna Health Insurance Branch Manager salary in India which ranges between ₹5.4 Lakhs to ₹8.8 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?

Tell us how to improve this page.

ManipalCigna Health Insurance Branch Manager salary in Mumbai ranges between ₹5.4 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 ManipalCigna Health Insurance latest salaries received from various employees of ManipalCigna Health Insurance.