ManipalCigna Health Insurance Business Manager Salaries by 4 Employees (Updated 2024)

4 - 7 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

71% less than the average Business Manager Salary in Insurance Companies for 4 - 7 years of experience

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Last Updated: 21 Mar 2024

Companies similar to ManipalCigna Health Insurance for Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Business Manager Salary 3 - 14 years exp. (10 salaries)	₹2.3 L/yr - ₹10 L/yr 60% more
HDFC Ergo General Insurance Business Manager Salary 1 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹15 L/yr 203% more
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Niva Bupa Health Insurance Company Business Manager Salary 0 - 10 years exp. (5 salaries)	₹8 L/yr - ₹9 L/yr 174% more
Care Health Insurance Business Manager Salary 3 - 7 years exp. (5 salaries)	₹3.8 L/yr - ₹5.1 L/yr 33% more
Bajaj Allianz General Insurance Business Manager Salary 4 - 11 years exp. (9 salaries)	₹3.9 L/yr - ₹6.3 L/yr 47% more
Bharti AXA Life Insurance Business Manager Salary 1 - 9 years exp. (205 salaries)	₹2 L/yr - ₹4.3 L/yr 6% less
Edelweiss Tokio Life Insurance Business Manager Salary 3 - 16 years exp. (35 salaries)	₹3 L/yr - ₹8.5 L/yr 64% more
IndiaFirst Life Insurance Business Manager Salary 3 - 13 years exp. (27 salaries)	₹2.8 L/yr - ₹6.3 L/yr 52% more
Cholamandalam MS General Insurance Business Manager Salary 3 - 11 years exp. (13 salaries)	₹4 L/yr - ₹6.5 L/yr 75% more
Future Generali India Life Insurance Business Manager Salary 1 - 16 years exp. (7 salaries)	₹3.8 L/yr - ₹6.5 L/yr 67% more
SBI General Insurance Business Manager Salary 6 - 14 years exp. (5 salaries)	₹4 L/yr - ₹15.1 L/yr 175% more
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Max Life Insurance Business Manager Salary 4 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹6.4 L/yr 37% more
Shriram General Insurance Business Manager Salary 6 - 18 years exp. (4 salaries)	₹3.5 L/yr - ₹9.4 L/yr 57% more
Star Union Dai-ichi Life Insurance Business Manager Salary 3 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹7 L/yr 68% more

Business Manager salary at ManipalCigna Health Insurance ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of ManipalCigna Health Insurance.

Experience wise ManipalCigna Health Insurance Business Manager salaries

Last Updated: 21 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
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6 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr

Similar Designation salaries in ManipalCigna Health Insurance

Area Business Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Branch Manager Salary

(35 salaries)

₹4.75 L/yr - ₹10 L/yr

Sales Manager Salary

(11 salaries)

₹3 L/yr - ₹4 L/yr

Regional Manager Salary

(10 salaries)

₹10.3 L/yr - ₹22 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Area Manager Salary

(27 salaries)

₹7.15 L/yr - ₹12.5 L/yr

Deputy Manager Salary

(87 salaries)

₹4.5 L/yr - ₹13.44 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Area Sales Manager Salary

(11 salaries)

₹4 L/yr - ₹11.15 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Salary related reviews for ManipalCigna Health Insurance

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.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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ManipalCigna Health Insurance Business Manager Salary FAQs

What is the salary of Business Manager at ManipalCigna Health Insurance?

Business Manager salary at ManipalCigna Health Insurance in India ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for experience between 4 years to 7 years. According to our estimates it is 71% less than the average Business Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ManipalCigna Health Insurance India.

How does the salary of a Business Manager at ManipalCigna Health Insurance India compare with the average salary range for this job?

The average salary of a Business Manager at ManipalCigna Health Insurance is 71% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than ManipalCigna Health Insurance to a Business Manager in India?

HDFC Ergo General Insurance Business Manager Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance Business Manager Salary - ₹4.0 Lakhs to ₹15.1 Lakhs per year
Niva Bupa Health Insurance Company Business Manager Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year
Cholamandalam MS General Insurance Business Manager Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
Star Union Dai-ichi Life Insurance Business Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Business Manager in companies similar to ManipalCigna Health Insurance in India?

Future Generali India Life Insurance Business Manager Salary - ₹3.8 Lakhs to ₹6.5 Lakhs per year
Edelweiss Tokio Life Insurance Business Manager Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
ICICI Lombard General Insurance Company Business Manager Salary - ₹2.3 Lakhs to ₹10.0 Lakhs per year
Shriram General Insurance Business Manager Salary - ₹3.5 Lakhs to ₹9.4 Lakhs per year
IndiaFirst Life Insurance Business Manager Salary - ₹2.8 Lakhs to ₹6.3 Lakhs per year

What is the estimated take home salary of a Business Manager at ManipalCigna Health Insurance in India?

The estimated take-home salary of a Business Manager at ManipalCigna Health Insurance ranges between ₹22,904 per month to ₹24,374 per month in India. The take-home salary calculation is based on the average ManipalCigna Health Insurance Business Manager salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at ManipalCigna Health Insurance?

According to AmbitionBox, 50% of the ManipalCigna Health Insurance Business Managers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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ManipalCigna Health Insurance Business Manager Salaries

ManipalCigna Health Insurance Business Manager salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ManipalCigna Health Insurance latest salaries received from various employees of ManipalCigna Health Insurance.