Munich Re Manager Salaries by 4 Employees

5 - 11 years exp.

₹19.5 Lakhs - ₹27 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% more than the average Manager Salary in Financial Services Companies for 5 - 11 years of experience

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Last Updated: 22 Oct 2023

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Manager salary at Munich Re ranges between ₹19.5 Lakhs to ₹27 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Munich Re.

Experience wise Munich Re Manager salaries

Last Updated: 22 Oct 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.4 L/yr
6 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.4 L/yr
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8 years (AmbitionBox Estimate)	₹24.3 L/yr - ₹31 L/yr
11 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

Similar Designation salaries in Munich Re

Deputy Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.3 L/yr

Finance Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹22.1 L/yr - ₹28.2 L/yr

Salary related reviews for Munich Re

1.0

Rated by 1 employees for salary & benefits

Data Science Intern in The Capital, BKC, Mumbai

Intern

Data Science & Analytics Department

5.0

• posted on 18 May 2022

5.0

for Salary and Benefits

Likes

The exposure and appreciation one can get here is tremendous. If you want to learn and grow this is one of the best organisations that comes with really good culture, complete work and personal life balance lastly with highly supportive, energy packed and cheerful managers and colleagues.

Salary - Excellent

+6 more

Dislikes

I am working here since last 5 months and I personally didn't find anything that to say about what dislike. Even colleagues from my department and other departments would also talk same. But again this experience may vary person to person.

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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

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Munich Re Manager Salary FAQs

What is the salary of Manager at Munich Re ?

The average salary of a Manager at Munich Re in India typically ranges from ₹19.5 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Manager at Munich Re earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Manager Salaries at Munich Re 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 4 Munich Re employees in India.

What is the estimated take home salary of a Manager at Munich Re in India?

The estimated take-home salary of a Manager at Munich Re in India typically ranges from ₹1,39,750 to ₹1,44,933 per month. This is based on the average salary range of ₹19.5 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 5 years to 11 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 4 salaries received from various employees of Munich Re. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Munich Re for Manager in India?

Emirates NBD	₹19.6 Lakhs to ₹78.1 Lakhs per year
Equifax	₹22.3 Lakhs to ₹42.2 Lakhs per year
Yodlee	₹20.0 Lakhs to ₹30.0 Lakhs per year
Experian	₹11.4 Lakhs to ₹32.0 Lakhs per year
Reserve Bank Information Technology	₹10.5 Lakhs to ₹36.0 Lakhs per year

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

What is the salary of a Manager in companies similar to Munich Re in India?

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

Kissht Finance	₹18.8 Lakhs to ₹30.0 Lakhs per year
Affluent Global Services	₹13.0 Lakhs to ₹25.0 Lakhs per year
Information Services Group	₹13.0 Lakhs to ₹24.9 Lakhs per year
Enzene Biosciences	₹15.5 Lakhs to ₹21.0 Lakhs per year
General Industrial Controls	₹15.0 Lakhs to ₹20.0 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 Manager at Munich Re in India?

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

Experience	Average Salary Range
5 years	₹17.6 Lakhs to ₹22.4 Lakhs per year
6 years	₹17.6 Lakhs to ₹22.4 Lakhs per year
8 years	₹24.3 Lakhs to ₹31.0 Lakhs per year
11 years	₹18.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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Munich Re Manager Salaries

Munich Re Manager salary in India ranges between ₹19.5 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Munich Re latest salaries received from various employees of Munich Re.