Maruti Suzuki Insurance Manager Salaries by 10+ Employees (Updated 2025)

3 - 17 years exp.

₹2.2 Lakhs - ₹6 Lakhs

Salary of majority employees

7% less than the average Insurance Manager Salary in Automobile Companies for 3 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Manager Salary 13 - 15 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Insurance Manager Salary 4 - 17 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
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Human Resources Insurance Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.2 L/yr
Sales & Business Development Insurance Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.2 L/yr

Last Updated: 28 Jan 2025

Companies similar to Maruti Suzuki for Insurance Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Insurance Manager Salary 4 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹5.5 L/yr 21% less
Mahindra & Mahindra Insurance Manager Salary 0 - 8 years exp. (5 salaries)	₹1.2 L/yr - ₹3.5 L/yr 36% less
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Kia Motors Insurance Manager Salary 2 - 6 years exp. (7 salaries)	₹1.1 L/yr - ₹3.5 L/yr 27% less
Nexa Insurance Manager Salary 10 - 15 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 11% more
Nissan Insurance Manager Salary 2 - 11 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr 8% less
Renault Insurance Manager Salary 3 - 10 years exp. (4 salaries)	₹1.8 L/yr - ₹3.1 L/yr 36% less
Automotive Manufacturers Insurance Manager Salary 5 - 12 years exp. (3 salaries)	₹3.6 L/yr - ₹4.8 L/yr 12% more
Ford Motor Insurance Manager Salary 3 - 8 years exp. (3 salaries)	₹1 L/yr - ₹2.5 L/yr 54% less

Insurance Manager salary at Maruti Suzuki ranges between ₹2.2 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 17 years. Salary estimates are based on 11 latest salaries received from various employees of Maruti Suzuki.

Experience wise Maruti Suzuki Insurance Manager salaries

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.1 L/yr
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5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
10 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
13 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr
14 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
15+ years (AmbitionBox Estimate)	₹1.6 L/yr - ₹6 L/yr

View all

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₹11.11 L/yr - ₹35 L/yr

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₹9 L/yr - ₹29 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Assistant Sales Manager Salary

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Top skills at Maruti Suzuki for Insurance Manager

Insurance Claims Management Insurance Legal Excel Survey Powerpoint Marine Insurance Underwriting

Salary related reviews for Maruti Suzuki

4.1

Rated by 2 employees for salary & benefits

Sales Executive in Solapur

Full Time

Sales & Business Development Department

4.0

• posted on 28 Jan 2025

3.0

for Salary and Benefits

Likes

It was been an honor to work in maruti suzuki being a part of msil enjoyed a lot. Got an opportunity to learn about vehicles category and loads of fun

Skill development - Good

+3 more

Dislikes

...e to work on sundays while others spend quality time at home after lot of works. and hrs use to debit the salary amount with 500rs. incentives was given late it takes 3 months to receive incentives and were not given on time as they mention before joining.

Territory Sales Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Good money and perks

Salary - Good

+1 more

Dislikes

Pseudo growth as in - your salary will grow but even after 15 years you'll be doing the same work. Pathetic work culture in sales- Promotion is not at all KRA driven but upon managers discretion Transfer policy totally unfriendly to all even high performing employees Bureaucratic nature of work with no power to an employee - you just communicate what seniors have told- and even share the blame of others. Leave approval even for genuine reasons is questionable Long working hours 9-9 almost daily Saturday - holiday is a hoax.

Skill development - Bad

+3 more

Territory Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 26 Aug 2023

5.0

for Salary and Benefits

Likes

Job security and salary is at par with industry.

Salary - Excellent

+1 more

Dislikes

Getting a team lead role is really difficult in maruti. You don't get promotion even if you have a telent. There experience and age at times is given a priority over telent. Your colleague who is 1 year senior to you may be given a better grade just to promote him (eve. Though you both belongs to same group)

Relationship Manager in Pali

Full Time

Sales & Business Development Department

5.0

• posted on 16 Sep 2023

3.0

for Salary and Benefits

Likes

The best behaviour with staff members and if uh want to earn much more and you are fresher then just move forward to it

Skill development - Excellent

+3 more

Dislikes

Every was quite good but the basic salary is not so ok but have so much to earn in sales

Deputy Manager in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Mar 2023

3.0

for Salary and Benefits

Likes

1. From learning perspective MSIL is a good company as they have many models.

Skill development - Good

+1 more

Dislikes

1. Work pressure is high but compensation is not that good. 2. Working hours are very high. 3. Work life balance is not good.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Maruti Suzuki

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a senior officer

Regarding interview

I applied for territory sales manager position in maruti suzuki and recruiter has mailed me regarding additional information required for further processing. Does this mean that I will be called for interview? And also if called for interview, what is the salary range for the post? I have 6 years of experience in automobile (2 wheeler, heavy equipment) in sales, dealer development, dealer management and operations.

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Maruti Suzuki Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Maruti Suzuki ?

The average salary of a Insurance Manager at Maruti Suzuki in India typically ranges from ₹2.2 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 17 years).

The top 10% of Insurance Manager at Maruti Suzuki earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Insurance Manager Salaries at Maruti Suzuki 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+ Maruti Suzuki employees in India.

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

The estimated take-home salary of a Insurance Manager at Maruti Suzuki in India typically ranges from ₹27,156 to ₹28,563 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 17 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 Maruti Suzuki. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Insurance Manager at Maruti Suzuki ?

To be a Insurance Manager at Maruti Suzuki in india, the key skills required include:

- Insurance Claims
- Management
- Insurance
- Legal
- Excel

These skills are highly valued at Maruti Suzuki and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Maruti Suzuki for Insurance Manager in India?

Automotive Manufacturers	₹3.6 Lakhs to ₹4.8 Lakhs per year
Nexa	₹3.0 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Maruti Suzuki, depending on the role and experience level.

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

The salary of a Insurance Manager at companies similar to Maruti Suzuki in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nissan	₹3.0 Lakhs to ₹4.3 Lakhs per year
Tata Motors	₹2.5 Lakhs to ₹5.5 Lakhs per year
Kia Motors	₹1.1 Lakhs to ₹3.5 Lakhs per year
Mahindra & Mahindra	₹1.2 Lakhs to ₹3.5 Lakhs per year
Renault	₹1.8 Lakhs to ₹3.1 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 Insurance Manager at Maruti Suzuki in India?

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

Experience	Average Salary Range
3 years	₹2.2 Lakhs to ₹6.0 Lakhs per year
4 years	₹2.2 Lakhs to ₹6.1 Lakhs per year
5 years	₹1.4 Lakhs to ₹3.6 Lakhs per year
6 years	₹3.0 Lakhs to ₹3.6 Lakhs per year

and so on.

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Maruti Suzuki Insurance Manager Salaries

Maruti Suzuki Insurance Manager salary in India ranges between ₹2.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Maruti Suzuki latest salaries received from various employees of Maruti Suzuki.