MassMutual Procurement Manager Salaries by 6 Employees (Updated 2024)

13 - 18 years exp.

₹17 Lakhs - ₹20.7 Lakhs

Low Confidence

Salary of majority employees

24% more than the average Procurement Manager Salary in Financial Services Companies for 13 - 18 years of experience

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Last Updated: 22 May 2024

Companies similar to MassMutual for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Procurement Manager Salary 16 - 22 years exp. (4 salaries)	₹11.5 L/yr - ₹12.9 L/yr 37% less
Max Life Insurance Procurement Manager Salary 10 - 14 years exp. (7 salaries)	₹11 L/yr - ₹17 L/yr 28% less	1 job opening
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Kotak Mahindara Life Insurance Procurement Manager Salary 7 - 8 years exp. (3 salaries)	₹5 L/yr - ₹12.9 L/yr 56% less
Reliance Nippon Life Insurance Procurement Manager Salary 11 - 14 years exp. (4 salaries)	₹11.3 L/yr - ₹15.5 L/yr 33% less
PNB MetLife Procurement Manager Salary 10 - 14 years exp. (5 salaries)	₹10.3 L/yr - ₹13 L/yr 43% less
Sun Life Financial Procurement Manager Salary 10 - 15 years exp. (6 salaries)	₹22 L/yr - ₹26.5 L/yr 20% more
BNY Procurement Manager Salary 12 - 16 years exp. (4 salaries)	₹17 L/yr - ₹34 L/yr 34% more
Commonwealth Bank of Australia, India Procurement Manager Salary 10 - 14 years exp. (4 salaries)	₹19.6 L/yr - ₹26 L/yr 20% more
UBS Procurement Manager Salary 10 - 11 years exp. (3 salaries)	₹15 L/yr - ₹21 L/yr 11% less
HSBC Group Procurement Manager Salary 5 - 6 years exp. (3 salaries)	₹4 L/yr - ₹18.5 L/yr 52% less

Procurement Manager salary at MassMutual ranges between ₹17 Lakhs to ₹20.7 Lakhs per year for employees with experience between 13 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of MassMutual.

Experience wise MassMutual Procurement Manager salaries

Last Updated: 22 May 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹17 L/yr - ₹31.1 L/yr
14 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹32.6 L/yr
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15+ years (4 salaries)	₹8 L/yr - ₹20.7 L/yr

Similar Designation salaries in MassMutual

Procurement Specialist Salary

(4 salaries)

₹7.5 L/yr - ₹11.3 L/yr

Procurement Consultant Salary

(4 salaries)

₹14 L/yr - ₹15.4 L/yr

Procurement Analyst Salary

(AmbitionBox Estimate)

₹12.4 L/yr - ₹15.9 L/yr

Senior Manager Procurement Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Salary related reviews for MassMutual

1.0

Rated by 1 employees for salary & benefits

Senior Associate in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

4.0

• posted on 25 Jun 2023

5.0

for Salary and Benefits

Likes

Salary and benifits

Dislikes

It's only suitable for either entry level or for ready to retire. Common work, no promotions, onsite people can do anything anytime, no collaboration between team mates and with onsite teams.

Senior BI Developer, MicroStrategy Consultant in Hyderabad / Secunderabad

Engineering - Software & QA Department

4.0

• posted on 19 Apr 2022

5.0

for Salary and Benefits

Likes

Good compensation and benefits, career opportunities

Dislikes

Few senior management people have sevice company culture, No hybrid model work. We have to go to office everyday and there is a attendance sheet. This is not expected from a product base company.

Test Lead in Hyderabad / Secunderabad

Full Time

Project & Program Management Department

5.0

• posted on 17 Jun 2024

3.0

for Salary and Benefits

Likes

A free look inside company with good work life balance

Dislikes

Micro management is very much where people managers try to look for reason for like Sick leaves, WFH. They want us to maintain 20 trackers for updates which they need. Especially QA Managers are very un professional and don’t know what is work culture in IT. If you are technically strong then no one can even touch you

Senior Associate in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 11 Aug 2024

5.0

for Salary and Benefits

Likes

Management really looks for what employees think and contiously seek feedback from them to improve the organisation. Lots of employee oriented programs keep happening very often. Benefits provided to employees are really good. Appreciation and recognition is very much focused towards employees.

Dislikes

Nothing to mention or to pin point anything specific.

Associate Data Engineer in Hyderabad / Secunderabad

Data Department

4.0

• posted on 12 Nov 2022

3.0

for Salary and Benefits

Likes

Great work life balance. I never had to extend my work hours. Supportive management. Got chance to work on latest technologies. Innovations and new ideas are welcomed. Good benefits like free transport and free snacks. In house Gym. Many recreational activities

Dislikes

Salary is average. Not pretty sure about the promotions as I have joined recently (< 1 year)

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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MassMutual Procurement Manager Salary FAQs

What is the salary of Procurement Manager at MassMutual?

Procurement Manager salary at MassMutual in India ranges between ₹17.0 Lakhs to ₹20.7 Lakhs for experience between 13 years to 18 years. According to our estimates it is 24% more than the average Procurement Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of MassMutual India.

How does the salary of a Procurement Manager at MassMutual India compare with the average salary range for this job?

The average salary of a Procurement Manager at MassMutual is 24% more than the average salary of a Procurement Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than MassMutual to a Procurement Manager in India?

BNY Procurement Manager Salary - ₹17.0 Lakhs to ₹34.0 Lakhs per year
Commonwealth Bank of Australia, India Procurement Manager Salary - ₹19.6 Lakhs to ₹26.0 Lakhs per year
Sun Life Financial Procurement Manager Salary - ₹22.0 Lakhs to ₹26.5 Lakhs per year

What is the salary of a Procurement Manager in companies similar to MassMutual in India?

UBS Procurement Manager Salary - ₹15.0 Lakhs to ₹21.0 Lakhs per year
Max Life Insurance Procurement Manager Salary - ₹11.0 Lakhs to ₹17.0 Lakhs per year
Reliance Nippon Life Insurance Procurement Manager Salary - ₹11.3 Lakhs to ₹15.5 Lakhs per year
HDFC Life Procurement Manager Salary - ₹11.5 Lakhs to ₹12.9 Lakhs per year
PNB MetLife Procurement Manager Salary - ₹10.3 Lakhs to ₹13.0 Lakhs per year

What is the estimated take home salary of a Procurement Manager at MassMutual in India?

The estimated take-home salary of a Procurement Manager at MassMutual ranges between ₹1,27,744 per month to ₹1,32,032 per month in India. The take-home salary calculation is based on the average MassMutual Procurement Manager salary in India which ranges between ₹17.0 Lakhs to ₹20.7 Lakhs per year for employees with experience between 13 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Procurement Manager at MassMutual?

According to AmbitionBox, 67% of the MassMutual Procurement Manager s reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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MassMutual Procurement Manager Salaries

MassMutual Procurement Manager salary in India ranges between ₹17 Lakhs to ₹20.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 MassMutual latest salaries received from various employees of MassMutual.