Maruti Insurance Broking Senior Manager Salaries by 5 Employees (Updated 2024)

11 - 15 years exp.

₹18 Lakhs - ₹33 Lakhs

Low Confidence

Salary of majority employees

22% more than the average Senior Manager Salary in Insurance Companies for 11 - 15 years of experience

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Salaries in different departments

Sales & Business Development Senior Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹29.7 L/yr - ₹36.3 L/yr
Customer Success, Service & Operations Senior Manager Salary 11 years exp. (AmbitionBox Estimate)	₹23.6 L/yr - ₹28.8 L/yr
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Product Management Senior Manager Salary 13 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 15 Dec 2024

Companies similar to Maruti Insurance Broking for Senior Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 19 years exp. (1.5k salaries)	₹4.5 L/yr - ₹14 L/yr 63% less	1 job opening
Bajaj Allianz General Insurance Senior Manager Salary 5 - 18 years exp. (39 salaries)	₹10.8 L/yr - ₹14.3 L/yr 52% less
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HDFC Ergo General Insurance Senior Manager Salary 6 - 19 years exp. (284 salaries)	₹7 L/yr - ₹25 L/yr 46% less
Reliance General Insurance Senior Manager Salary 7 - 17 years exp. (94 salaries)	₹5 L/yr - ₹14.9 L/yr 64% less	1 job opening
Tata AIG Senior Manager Salary 1 - 11 years exp. (430 salaries)	₹6 L/yr - ₹17.8 L/yr 57% less	4 job openings
SBI General Insurance Senior Manager Salary 5 - 16 years exp. (90 salaries)	₹5 L/yr - ₹19 L/yr 56% less
Future Generali India Life Insurance Senior Manager Salary 12 - 19 years exp. (43 salaries)	₹7.4 L/yr - ₹30 L/yr 36% less
Kotak Mahindara Life Insurance Senior Manager Salary 1 - 14 years exp. (677 salaries)	₹3.3 L/yr - ₹10.5 L/yr 75% less	1 job opening
ICICI Prudential Life Insurance Senior Manager Salary 0 - 15 years exp. (554 salaries)	₹8.1 L/yr - ₹27.5 L/yr 33% less
HDFC Life Senior Manager Salary 2 - 18 years exp. (561 salaries)	₹9 L/yr - ₹23.3 L/yr 47% less	3 job openings
Kotak Mahindra General Insurance Senior Manager Salary 6 - 16 years exp. (47 salaries)	₹6.7 L/yr - ₹13.4 L/yr 60% less
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Prudent Insurance Brokers Senior Manager Salary 4 - 17 years exp. (39 salaries)	₹7.5 L/yr - ₹19.5 L/yr 45% less
Aditya Birla Insurance Brokers Senior Manager Salary 3 - 20 years exp. (25 salaries)	₹9.4 L/yr - ₹16.2 L/yr 53% less
SecureNow Insurance Broker Senior Manager Salary 4 - 15 years exp. (18 salaries)	₹6.9 L/yr - ₹9.5 L/yr 70% less
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Health India Tpa Services Senior Manager Salary 7 - 22 years exp. (13 salaries)	₹6 L/yr - ₹12 L/yr 63% less
Robinhood Insurance Broker Senior Manager Salary 6 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹10 L/yr 79% less
Empower Senior Manager Salary 15 - 17 years exp. (6 salaries)	₹25 L/yr - ₹38 L/yr 2% more
Salasar Services Insurance Brokers Senior Manager Salary 9 - 18 years exp. (5 salaries)	₹10 L/yr - ₹14.2 L/yr 56% less
Health Insurance TPA of India Senior Manager Salary 5 - 15 years exp. (5 salaries)	₹7.2 L/yr - ₹12 L/yr 62% less

View all

Senior Manager salary at Maruti Insurance Broking ranges between ₹18 Lakhs to ₹33 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Maruti Insurance Broking.

Experience wise Maruti Insurance Broking Senior Manager salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹18 L/yr - ₹26.2 L/yr
12 years (AmbitionBox Estimate)	₹21.1 L/yr - ₹26.9 L/yr
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13 years (AmbitionBox Estimate)	₹20 L/yr - ₹47.4 L/yr
14 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹33 L/yr
15+ years (AmbitionBox Estimate)	₹12.9 L/yr - ₹33 L/yr

Similar Designation salaries in Maruti Insurance Broking

Deputy Manager Salary

(5 salaries)

₹10 L/yr - ₹16 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹7.1 L/yr - ₹9.1 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Zonal Sales Manager Salary

(4 salaries)

₹25 L/yr - ₹33 L/yr

Territory Sales Manager Salary

(38 salaries)

₹5.2 L/yr - ₹14.3 L/yr

Sales Executive Salary

(3 salaries)

₹1.4 L/yr - ₹2.5 L/yr

Salary related reviews for Maruti Insurance Broking

Territory Sales Manager in New Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 01 Aug 2018

4.0

for Salary and Benefits

Likes

I feel proud to be a part of Maruti Insurance broking Private limited. The company Provide the lot of opportunities to there employees also they are taking care of there employees in all the terms like in terms of working culuture, job security, salary, appraisal, allowances etc. Working environment of Maruti insurance is good, all the senior management and team of MI is supporting. MI is a good option for job seekers.

Dislikes

Compensation Provided by the company is decent but growth is slow. sometimes I need to travel the whole night for reaching at dealership on time next day. I also need to handle some of those dealers who are not in my territory.

Territory Sales Manager in Vasant Kunj Delhi

Sales Insurance Department

1.0

• posted on 20 Apr 2022

1.0

for Salary and Benefits

Likes

On time salary this is the only thing to like because maruti suzuki group handles the same and no salaries are delayed

Dislikes

No one is taking feedbacks and suggestions from the field team, Field sales team is only asked to follow orders from HO which is not fair. Forcefully things are being implemented on the clients.

Senior Executive in New Delhi

Mibpl Department

1.0

• posted on 13 May 2022

1.0

for Salary and Benefits

Likes

Just having Name of Maruti company is running, The services which they are providing i don't know why people are working with

Dislikes

No HR Support No Job Security Managers not having committed to what they say they changed there mood every 2nd day. Every time they were having less Staff and some else doing work No approval for asking leave, holidays are just to reimburse in the end. get ur reimbursement after 5-6 months Company is working on a portal that never works. i have to attend calls even after office hours and Saturday Sunday and resolve them

Telli Caller In General Insurance in Gotri,Vadodara, Gujrat

Full Time

Sales Department

5.0

• posted on 11 Sep 2022

4.0

for Salary and Benefits

Likes

I like understanding cooperation of colleagues to support and helping to learn their system as well approach to every situation to handle the costumers.

Dislikes

no dislike for better opportunity I move on.

Territory Sales Manager in Gurgaon / Gurugram

Fiancial products Department

4.0

• posted on 20 Jun 2020

4.0

for Salary and Benefits

Likes

They support you on every aspect of work. Be it family libalities company takes care of their employees. Even in this difficult Covid-19 times company has assured support to their employees.

Dislikes

Till far i have not disliked anything working with Maruti insurance broking pvt ltd.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Maruti Insurance Broking Senior Manager Salary FAQs

What is the salary of Senior Manager at Maruti Insurance Broking?

Senior Manager salary at Maruti Insurance Broking in India ranges between ₹18.0 Lakhs to ₹33.0 Lakhs for experience between 11 years to 15 years. According to our estimates it is 22% more than the average Senior Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Maruti Insurance Broking India.

How does the salary of a Senior Manager at Maruti Insurance Broking India compare with the average salary range for this job?

The average salary of a Senior Manager at Maruti Insurance Broking is 22% more than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Maruti Insurance Broking to a Senior Manager in India?

Swiss Re Senior Manager Salary - ₹10.3 Lakhs to ₹45.0 Lakhs per year
Empower Senior Manager Salary - ₹25.0 Lakhs to ₹38.0 Lakhs per year

What is the salary of a Senior Manager in companies similar to Maruti Insurance Broking in India?

XL Catlin Senior Manager Salary - ₹24.0 Lakhs to ₹26.0 Lakhs per year
ICICI Prudential Life Insurance Senior Manager Salary - ₹8.1 Lakhs to ₹27.5 Lakhs per year
Future Generali India Life Insurance Senior Manager Salary - ₹7.4 Lakhs to ₹30.0 Lakhs per year
Prudent Insurance Brokers Senior Manager Salary - ₹7.5 Lakhs to ₹19.5 Lakhs per year
HDFC Ergo General Insurance Senior Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year

What is the estimated take home salary of a Senior Manager at Maruti Insurance Broking in India?

The estimated take-home salary of a Senior Manager at Maruti Insurance Broking ranges between ₹1,65,498 per month to ₹1,71,845 per month in India. The take-home salary calculation is based on the average Maruti Insurance Broking Senior Manager salary in India which ranges between ₹18.0 Lakhs to ₹33.0 Lakhs per year for employees with experience between 11 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at Maruti Insurance Broking?

According to AmbitionBox, 100% of the Maruti Insurance Broking Senior Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Maruti Insurance Broking Senior Manager Salaries

Maruti Insurance Broking Senior Manager salary in India ranges between ₹18 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Maruti Insurance Broking latest salaries received from various employees of Maruti Insurance Broking.