ManipalCigna Health Insurance Branch Manager Salaries by 10+ Employees (Updated 2025)

7 - 16 years exp.

₹5.5 Lakhs - ₹10.5 Lakhs

Salary of majority employees

7% less than the average Branch Manager Salary in Insurance Companies for 7 - 16 years of experience

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Last Updated: 22 Dec 2024

Companies similar to ManipalCigna Health Insurance for Branch Manager in Sales & Business Development department

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 18 years exp. (51 salaries)	₹6.9 L/yr - ₹12.5 L/yr 6% more	3 job openings
HDFC Ergo General Insurance Branch Manager Salary 8 - 18 years exp. (91 salaries)	₹5.3 L/yr - ₹12.8 L/yr 6% more	2 job openings
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Star Health & Allied Insurance Branch Manager Salary 6 - 18 years exp. (88 salaries)	₹4 L/yr - ₹11 L/yr 11% less	3 job openings
Niva Bupa Health Insurance Company Branch Manager Salary 10 - 18 years exp. (44 salaries)	₹6 L/yr - ₹12.5 L/yr 12% more
Care Health Insurance Branch Manager Salary 4 - 16 years exp. (51 salaries)	₹4.3 L/yr - ₹8 L/yr 33% less	1 job opening
Bajaj Allianz General Insurance Branch Manager Salary 9 - 13 years exp. (4 salaries)	₹6.5 L/yr - ₹12.5 L/yr 19% more
Tata AIG Branch Manager Salary 8 - 16 years exp. (18 salaries)	₹6.8 L/yr - ₹11.1 L/yr 5% more
Aditya Birla Health Insurance Co Branch Manager Salary 5 - 16 years exp. (63 salaries)	₹6.5 L/yr - ₹12.5 L/yr 3% more
Shriram General Insurance Branch Manager Salary 5 - 15 years exp. (59 salaries)	₹4 L/yr - ₹8.1 L/yr 26% less
Cholamandalam MS General Insurance Branch Manager Salary 4 - 10 years exp. (56 salaries)	₹3.1 L/yr - ₹7.4 L/yr 35% less
Max Life Insurance Branch Manager Salary 8 - 17 years exp. (47 salaries)	₹7.3 L/yr - ₹14 L/yr 20% more	1 job opening
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Future Generali India Life Insurance Branch Manager Salary 6 - 19 years exp. (34 salaries)	₹5.3 L/yr - ₹16 L/yr 27% more	1 job opening
Bharti AXA Life Insurance Branch Manager Salary 6 - 18 years exp. (22 salaries)	₹6 L/yr - ₹10.2 L/yr 11% more
Edelweiss Life Insurance Branch Manager Salary 7 - 15 years exp. (17 salaries)	₹6.3 L/yr - ₹8.5 L/yr 17% less
Star Union Dai-ichi Life Insurance Branch Manager Salary 7 - 17 years exp. (16 salaries)	₹6.5 L/yr - ₹11 L/yr 17% more
Aviva Life Insurance India Branch Manager Salary 9 - 22 years exp. (14 salaries)	₹7.5 L/yr - ₹13.4 L/yr 22% more
Royal Sundaram General Insurance Branch Manager Salary 8 - 17 years exp. (13 salaries)	₹5.5 L/yr - ₹11 L/yr 3% more
Ageas Federal Life Insurance Branch Manager Salary 8 - 22 years exp. (7 salaries)	₹9.2 L/yr - ₹11.4 L/yr 31% more
SBI General Insurance Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹6.5 L/yr - ₹10.5 L/yr 11% less
IndiaFirst Life Insurance Branch Manager Salary 5 - 7 years exp. (3 salaries)	₹5 L/yr - ₹5.2 L/yr 41% less

Branch Manager salary at ManipalCigna Health Insurance ranges between ₹5.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 19 latest salaries received from various employees of ManipalCigna Health Insurance.

Latest annual salaries shared by ManipalCigna Health Insurance Branch Manager in Sales & Business Development department

3d ago

12 years exp.

6d ago

17 years exp.

1mo ago

14 years exp.

1mo ago

11 years exp.

4mo ago

9 years exp.

4mo ago

17 years exp.

4mo ago

10 years exp.

6mo ago

16 years exp.

6mo ago

9 years exp.

9mo ago

9 years exp.

Experience wise ManipalCigna Health Insurance Branch Manager salaries in Sales & Business Development department

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14.3 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.9 L/yr
11 years (4 salaries)	₹5.5 L/yr - ₹9 L/yr
12 years (3 salaries)	₹5.8 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.1 L/yr
14 years (3 salaries)	₹8.7 L/yr - ₹10.5 L/yr
15+ years (3 salaries)	₹8.5 L/yr - ₹10.4 L/yr

View all

Similar Designation salaries in ManipalCigna Health Insurance

Area Manager Salary

(25 salaries)

₹7.15 L/yr - ₹12.5 L/yr

Sales Manager Salary

(11 salaries)

₹3 L/yr - ₹4 L/yr

Branch Head Salary

(4 salaries)

₹5.25 L/yr - ₹7.45 L/yr

Deputy Manager Salary

(85 salaries)

₹4.5 L/yr - ₹13.44 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Senior Branch Manager Salary

(5 salaries)

₹8 L/yr - ₹9.75 L/yr

Deputy Branch Manager Salary

(3 salaries)

₹5.25 L/yr - ₹5.82 L/yr

Cluster Manager Salary

(40 salaries)

₹5.5 L/yr - ₹9.8 L/yr

Operations Manager Salary

(4 salaries)

₹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 Channel Management Sales Planning

Salary related reviews for ManipalCigna Health Insurance

4.7

Rated by 4 employees for salary & benefits

Relationship Manager in Kolkata

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

Relationship Manager in Bhopal

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

Dislikes

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

Assistant Manager in Mumbai

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

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

Senior Key Agency Manager in Ludhiana

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.

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.

Agency Manager in Udaipur

Other Department

3.0

• posted on 19 Apr 2022

3.0

for Salary and Benefits

Likes

Learning as a new joiner very good. Timely salary payment. Good grow as a sales person. Working is easy in the company. Liked the work as input and output is easy there. Work culture is also good..

Dislikes

...aggressive to get daily result which is not possible. Either they will mark lwp. Newer got full salary as every month 5-6 lwp marked for all managers.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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ManipalCigna Health Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at ManipalCigna Health Insurance in Sales & Business Development department?

Branch Manager salary at ManipalCigna Health Insurance in Sales & Business Development department in India ranges between ₹5.5 Lakhs to ₹10.5 Lakhs for experience between 7 years to 16 years. According to our estimates it is 7% less than the average Branch Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of ManipalCigna Health Insurance India in Sales & Business Development department.

How does the salary of a Branch Manager at ManipalCigna Health Insurance India in Sales & Business Development department compare with the average salary range for this job?

The average salary of a Branch Manager at ManipalCigna Health Insurance in Sales & Business Development department is 7% less than the average salary of a Branch Manager in India. 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 India.

Which similar companies are paying more than ManipalCigna Health Insurance to a Branch Manager in Sales & Business Development department in India?

Ageas Federal Life Insurance Branch Manager Salary - ₹9.2 Lakhs to ₹11.4 Lakhs per year
Future Generali India Life Insurance Branch Manager Salary - ₹5.3 Lakhs to ₹16.0 Lakhs per year
Aviva Life Insurance India Branch Manager Salary - ₹7.5 Lakhs to ₹13.4 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹7.3 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz General Insurance Branch Manager Salary - ₹6.5 Lakhs to ₹12.5 Lakhs per year

What is the salary of a Branch Manager in Sales & Business Development department in companies similar to ManipalCigna Health Insurance in India?

Star Union Dai-ichi Life Insurance Branch Manager Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year
Niva Bupa Health Insurance Company Branch Manager Salary - ₹6.0 Lakhs to ₹12.5 Lakhs per year
Bharti AXA Life Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹10.2 Lakhs per year
ICICI Lombard General Insurance Company Branch Manager Salary - ₹6.9 Lakhs to ₹12.5 Lakhs per year
HDFC Ergo General Insurance Branch Manager Salary - ₹5.3 Lakhs to ₹12.8 Lakhs per year

What is the estimated take home salary of a Branch Manager in Sales & Business Development department at ManipalCigna Health Insurance in India?

The estimated take-home salary of a Branch Manager in Sales & Business Development department at ManipalCigna Health Insurance ranges between ₹62,754 per month to ₹64,348 per month in India. The take-home salary calculation is based on the average ManipalCigna Health Insurance Branch Manager salary in India which ranges between ₹5.5 Lakhs to ₹10.5 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager in Sales & Business Development department at ManipalCigna Health Insurance?

According to AmbitionBox, 41% of the ManipalCigna Health Insurance Branch Managers in Sales & Business Development department reported a notice period of 3 Months, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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ManipalCigna Health Insurance Branch Manager Salaries in Sales & Business Development

ManipalCigna Health Insurance Branch Manager salary in Sales & Business Development department in India ranges between ₹5.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 ManipalCigna Health Insurance latest salaries received from various employees of ManipalCigna Health Insurance.

ManipalCigna Health Insurance Branch Manager salaries in Sales & Business Development in India

Companies similar to ManipalCigna Health Insurance for Branch Manager in Sales & Business Development department

Latest annual salaries shared by ManipalCigna Health Insurance Branch Manager in Sales & Business Development department

Experience wise ManipalCigna Health Insurance Branch Manager salaries in Sales & Business Development department

Similar Designation salaries in ManipalCigna Health Insurance

Top skills at ManipalCigna Health Insurance for Branch Manager

Salary related reviews for ManipalCigna Health Insurance

Relationship Manager in Kolkata

Relationship Manager in Bhopal

Assistant Manager in Mumbai

Senior Key Agency Manager in Ludhiana

Agency Manager in Udaipur

ManipalCigna Health Insurance Branch Manager Salary FAQs

Tell us how to improve this page.

ManipalCigna Health Insurance Branch Manager Salaries by Location