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ManipalCigna Health Insurance Team Manager salaries in India (Updated 2025)

Annual salary range
6 - 14 years exp.
₹4.5 Lakhs - ₹6.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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67% less than the average Team Manager Salary in Insurance Companies for 6 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Team Manager Salary
11 - 14 years exp. (6 salaries)
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₹4.5 L/yr - ₹6 L/yr

Sales & Business Development
Team Manager Salary
6 - 13 years exp. (6 salaries)
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₹5 L/yr - ₹5.6 L/yr

Last Updated: 6 Apr 2025

Companies similar to ManipalCigna Health Insurance for Team Manager

Company name Avg Annual Salary Open Jobs
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MetLife Team Manager Salary

5 - 17 years exp. (12 salaries)

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₹13.7 L/yr - ₹34.4 L/yr

arrow icon 314% more
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Axis Max Life Insurance Team Manager Salary

6 - 13 years exp. (9 salaries)

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₹5.7 L/yr - ₹11.3 L/yr

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Magma HDI General Insurance Team Manager Salary

5 - 16 years exp. (10 salaries)

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₹7.3 L/yr - ₹13 L/yr

arrow icon 61% more
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SBI General Insurance Team Manager Salary

0 - 7 years exp. (8 salaries)

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₹6.2 L/yr - ₹8 L/yr

arrow icon 15% more
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₹3.9 L/yr - ₹10 L/yr

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₹4.3 L/yr - ₹15.3 L/yr

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Medi Assist India Team Manager Salary

4 - 13 years exp. (6 salaries)

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₹4.7 L/yr - ₹12 L/yr

arrow icon 26% more
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Edelweiss Life Insurance Team Manager Salary

5 - 9 years exp. (6 salaries)

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₹5.5 L/yr - ₹16.6 L/yr

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₹6.1 L/yr - ₹16 L/yr

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₹6 L/yr - ₹14.9 L/yr

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Principal Global Services Team Manager Salary

10 - 15 years exp. (4 salaries)

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₹11 L/yr - ₹29.3 L/yr

arrow icon 244% more
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₹6.5 L/yr - ₹13.5 L/yr

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Chubb Team Manager Salary

10 - 11 years exp. (4 salaries)

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₹22 L/yr - ₹26 L/yr

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Liberty General Insurance Team Manager Salary

3 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹7.8 L/yr

arrow icon 25% more
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First American Title Team Manager Salary

0 - 13 years exp. (3 salaries)

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₹5.1 L/yr - ₹9.9 L/yr

arrow icon 29% more
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Swiss Re Team Manager Salary

7 - 12 years exp. (3 salaries)

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₹18 L/yr - ₹40 L/yr

arrow icon 416% more
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Allianz Partners Team Manager Salary

8 - 11 years exp. (3 salaries)

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₹8 L/yr - ₹27 L/yr

arrow icon 158% more
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CignaTTk Health Insurance Team Manager Salary

10 - 11 years exp. (3 salaries)

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₹12.5 L/yr - ₹28.8 L/yr

arrow icon 168% more
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₹5.3 L/yr - ₹10.1 L/yr

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Aegon Life Insurance Team Manager Salary

6 - 10 years exp. (3 salaries)

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₹14 L/yr - ₹35.5 L/yr

arrow icon 378% more
View all
Team Manager salary at ManipalCigna Health Insurance ranges between ₹4.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 14 latest salaries received from various employees of ManipalCigna Health Insurance.

Latest annual salaries shared by ManipalCigna Health Insurance Team Manager

2d ago
₹6.5 Lakhs
10 years exp.
4d ago
₹5.5 Lakhs
14 years exp.
2w ago
₹5.1 Lakhs
13 years exp.
1mo ago
₹5 Lakhs
12 years exp.
2mo ago
₹5.1 Lakhs
12 years exp.
3mo ago
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13 years exp.
3mo ago
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9 years exp.
7mo ago
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11 years exp.
8mo ago
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14 years exp.
9mo ago
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6 years exp.

Experience wise ManipalCigna Health Insurance Team Manager salaries

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
10 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all

Similar Designation salaries in ManipalCigna Health Insurance

Area Manager Salary
(24 salaries)
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₹6 L/yr - ₹15 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Branch Manager Salary
(47 salaries)
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₹4.75 L/yr - ₹10.45 L/yr
Deputy Manager Salary
(98 salaries)
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₹4 L/yr - ₹13.12 L/yr
Team Lead Salary
(52 salaries)
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₹4 L/yr - ₹6.65 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹6.2 L/yr - ₹7.9 L/yr
Cluster Manager Salary
(42 salaries)
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₹5.5 L/yr - ₹9 L/yr
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₹4.75 L/yr - ₹7.66 L/yr
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₹2.7 L/yr - ₹6 L/yr
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₹5.25 L/yr - ₹5.95 L/yr

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

Customer Success, Service & Operations Department

2.0
  •  posted on 10 Aug 2020

1.0
 for  Salary and Benefits

Likes

No guidelines follow by this company , every one force for late sitting , salary deduction,HR team never response, mental hraasment, overall this company is sales oriented

read more

Dislikes

Sales oriented company, no leaves , company not reduced notice period

  • Salary - Bad
  • +4 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
see more salary related reviews

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ManipalCigna Health Insurance Team Manager Salary FAQs

What is the salary of Team Manager at ManipalCigna Health Insurance ?
The average salary of a Team Manager at ManipalCigna Health Insurance in India typically ranges from ₹4.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 6 years to 14 years).

The top 10% of Team Manager at ManipalCigna Health Insurance earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Team 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 10+ ManipalCigna Health Insurance employees in India.
What is the estimated take home salary of a Team Manager at ManipalCigna Health Insurance in India?
The estimated take-home salary of a Team Manager at ManipalCigna Health Insurance in India typically ranges from ₹42,001 to ₹43,136 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 6 years to 14 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 10+ salaries received from various employees of ManipalCigna Health Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ManipalCigna Health Insurance for Team Manager in India?
Swiss Re ₹18.0 Lakhs to ₹40.0 Lakhs per year
Aegon Life Insurance ₹14.0 Lakhs to ₹35.5 Lakhs per year
Axa XL ₹20.0 Lakhs to ₹28.0 Lakhs per year
Chubb ₹22.0 Lakhs to ₹26.0 Lakhs per year
MetLife ₹13.7 Lakhs to ₹34.4 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 Team Manager in companies similar to ManipalCigna Health Insurance in India?
The salary of a Team 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:

Principal Global Services ₹11.0 Lakhs to ₹29.3 Lakhs per year
Cholamandalam MS General Insurance ₹10.0 Lakhs to ₹26.0 Lakhs per year
CignaTTk Health Insurance ₹12.5 Lakhs to ₹28.8 Lakhs per year
Allianz Partners ₹8.0 Lakhs to ₹27.0 Lakhs per year
Axis Max Life Insurance ₹5.7 Lakhs to ₹11.3 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 Team Manager at ManipalCigna Health Insurance in India?
The salary growth for a Team Manager at ManipalCigna Health Insurance depends on factors such as experience, performance, and promotions. On average, a Team Manager can expect the following growth trajectory at ManipalCigna Health Insurance:

Experience Average Salary Range
6 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
7 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
8 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
9 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
and so on.

Tell us how to improve this page.

ManipalCigna Health Insurance Team Manager salary in India ranges between ₹4.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 ManipalCigna Health Insurance latest salaries received from various employees of ManipalCigna Health Insurance.