ManipalCigna Health Insurance Senior Branch Manager Salaries by 5 Employees

13 - 15 years exp.

₹8 Lakhs - ₹9.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

16% less than the average Senior Branch Manager Salary in Insurance Companies for 13 - 15 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Senior Branch Manager Salary 13 - 15 years exp. (3 salaries)	₹8.5 L/yr - ₹9.7 L/yr
BFSI, Investments & Trading Senior Branch Manager Salary 14 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹10.7 L/yr
Login to view exact salary
Marketing & Communication Senior Branch Manager Salary 15 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 12 May 2024

Companies similar to ManipalCigna Health Insurance for Senior Branch Manager

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance Senior Branch Manager Salary 9 - 19 years exp. (62 salaries)	₹6.5 L/yr - ₹15.8 L/yr 28% more
Bharti AXA Life Insurance Senior Branch Manager Salary 12 - 23 years exp. (33 salaries)	₹9 L/yr - ₹15 L/yr 28% more
Login to view exact salary
Aditya Birla Health Insurance Co Senior Branch Manager Salary 6 - 19 years exp. (20 salaries)	₹9 L/yr - ₹12.3 L/yr 23% more
Cholamandalam MS General Insurance Senior Branch Manager Salary 7 - 18 years exp. (15 salaries)	₹5.8 L/yr - ₹8.5 L/yr 25% less
Axis Max Life Insurance Senior Branch Manager Salary 10 - 22 years exp. (14 salaries)	₹9 L/yr - ₹17.2 L/yr 33% more
Edelweiss Life Insurance Senior Branch Manager Salary 5 - 16 years exp. (10 salaries)	₹5.7 L/yr - ₹11.5 L/yr 3% less
Bajaj Capital Insurance Senior Branch Manager Salary 5 - 9 years exp. (5 salaries)	₹3.7 L/yr - ₹5.2 L/yr 55% less
Aviva Life Insurance India Senior Branch Manager Salary 11 - 15 years exp. (4 salaries)	₹6.6 L/yr - ₹12.7 L/yr 14% less
Ageas Federal Life Insurance Senior Branch Manager Salary 10 - 16 years exp. (4 salaries)	₹10 L/yr - ₹18.7 L/yr 53% more
Star Union Dai-ichi Life Insurance Senior Branch Manager Salary 12 - 16 years exp. (4 salaries)	₹8.3 L/yr - ₹15 L/yr 11% more

Senior Branch Manager salary at ManipalCigna Health Insurance ranges between ₹8 Lakhs to ₹9.8 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of ManipalCigna Health Insurance.

Experience wise ManipalCigna Health Insurance Senior Branch Manager salaries

Last Updated: 12 May 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
14 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
Login to view exact salary
15+ years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr

Similar Designation salaries in ManipalCigna Health Insurance

Deputy Branch Manager Salary

(3 salaries)

₹5.25 L/yr - ₹5.95 L/yr

Senior Sales Manager Salary

(4 salaries)

₹3.75 L/yr - ₹4.4 L/yr

Branch Manager Salary

(47 salaries)

₹4.75 L/yr - ₹10.45 L/yr

Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Senior Relationship Manager Salary

(32 salaries)

₹3.3 L/yr - ₹4.5 L/yr

Operations Manager Salary

(4 salaries)

₹4.75 L/yr - ₹7.66 L/yr

Area Sales Manager Salary

(9 salaries)

₹7.5 L/yr - ₹11.15 L/yr

Area Manager Salary

(24 salaries)

₹6 L/yr - ₹15 L/yr

Territory Manager Salary

(3 salaries)

₹3.6 L/yr - ₹6 L/yr

Sales Manager Salary

(15 salaries)

₹3 L/yr - ₹6 L/yr

Top skills at ManipalCigna Health Insurance for Senior Branch Manager

Bfsi Sales Sales Sales Operations Distribution Channel Management Sales Planning Sales Strategy

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

Salary - Bad

+4 more

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

Salary - Good

+6 more

Dislikes

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

Agency Manager in Tirupati

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

Salary - Bad

+4 more

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

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

Salary - Poor

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.

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

108 participants . expiring in 15h

Got a question about ManipalCigna Health Insurance?

Ask anonymously on communities.

ManipalCigna Health Insurance Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at ManipalCigna Health Insurance ?

The average salary of a Senior Branch Manager at ManipalCigna Health Insurance in India typically ranges from ₹8.0 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 13 years to 15 years).

The top 10% of Senior Branch Manager at ManipalCigna Health Insurance earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Senior 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 5 ManipalCigna Health Insurance employees in India.

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

The estimated take-home salary of a Senior Branch Manager at ManipalCigna Health Insurance in India typically ranges from ₹66,303 to ₹67,998 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 13 years to 15 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 5 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 Senior Branch Manager at ManipalCigna Health Insurance ?

To be a Senior Branch Manager at ManipalCigna Health Insurance in india, the key skills required include:

- Bfsi Sales
- Sales
- Sales Operations
- Distribution
- Channel Management

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 Senior Branch Manager in India?

Ageas Federal Life Insurance	₹10.0 Lakhs to ₹18.7 Lakhs per year
Axis Max Life Insurance	₹9.0 Lakhs to ₹17.2 Lakhs per year
Future Generali India Life Insurance	₹6.5 Lakhs to ₹15.8 Lakhs per year
Bharti AXA Life Insurance	₹9.0 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Health Insurance Co	₹9.0 Lakhs to ₹12.3 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 Senior Branch Manager in companies similar to ManipalCigna Health Insurance in India?

The salary of a Senior 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	₹8.3 Lakhs to ₹15.0 Lakhs per year
Edelweiss Life Insurance	₹5.7 Lakhs to ₹11.5 Lakhs per year
Aviva Life Insurance India	₹6.6 Lakhs to ₹12.7 Lakhs per year
Cholamandalam MS General Insurance	₹5.8 Lakhs to ₹8.5 Lakhs per year
Bajaj Capital Insurance	₹3.7 Lakhs to ₹5.2 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 Senior Branch Manager at ManipalCigna Health Insurance in India?

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

Experience	Average Salary Range
13 years	₹8.2 Lakhs to ₹10.5 Lakhs per year
14 years	₹8.2 Lakhs to ₹10.5 Lakhs per year
15 years	₹8.2 Lakhs to ₹10.5 Lakhs per year

and so on.

Tell us how to improve this page.

ManipalCigna Health Insurance Senior Branch Manager Salaries by Location

Home >
Salaries >
ManipalCigna Health Insurance Salaries >
ManipalCigna Health Insurance Senior Branch Manager Salaries

ManipalCigna Health Insurance Senior Branch Manager salary in India ranges between ₹8 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ManipalCigna Health Insurance latest salaries received from various employees of ManipalCigna Health Insurance.