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Muthoot Insurance Brokers Senior Manager salaries in India

Annual salary range
13 - 17 years exp.
₹6 Lakhs - ₹7.2 Lakhs
Salary of majority employees
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70% less than the average Senior Manager Salary in Financial Services Companies for 13 - 17 years of experience

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Salaries in different departments

Sales & Business Development
Senior Manager Salary
15 - 17 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.6 L/yr

Strategic & Top Management
Senior Manager Salary
16 - 17 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹7.9 L/yr

BFSI, Investments & Trading
Senior Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7 L/yr

Last Updated: 3 Apr 2024

Companies similar to Muthoot Insurance Brokers for Senior Manager

Company name Avg Annual Salary Open Jobs
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Mogli labs Senior Manager Salary

7 - 12 years exp. (33 salaries)

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₹12.7 L/yr - ₹28 L/yr

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State Bank of Mauritius Senior Manager Salary

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₹12 L/yr - ₹20.5 L/yr

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Mashreq Bank Senior Manager Salary

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₹23 L/yr - ₹45 L/yr

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Practo Senior Manager Salary

4 - 10 years exp. (21 salaries)

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₹8 L/yr - ₹26 L/yr

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Mahajan & Aibara Senior Manager Salary

6 - 14 years exp. (10 salaries)

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₹17.5 L/yr - ₹26.5 L/yr

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QuickRide Senior Manager Salary

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₹7.5 L/yr - ₹8 L/yr

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Perto Senior Manager Salary

12 - 16 years exp. (4 salaries)

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₹13.4 L/yr - ₹18 L/yr

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Brio Technologies Senior Manager Salary

11 - 15 years exp. (4 salaries)

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₹17 L/yr - ₹21.5 L/yr

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Udaan Technologies Senior Manager Salary

3 - 19 years exp. (3 salaries)

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₹20 L/yr - ₹45 L/yr

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Lansum Properties Senior Manager Salary

9 - 13 years exp. (3 salaries)

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₹9.2 L/yr - ₹11.6 L/yr

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Cipla BioTec Senior Manager Salary

11 - 30 years exp. (3 salaries)

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₹20 L/yr - ₹25 L/yr

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Plada Infotech Services Senior Manager Salary

4 - 14 years exp. (3 salaries)

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₹12 L/yr - ₹17.5 L/yr

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Senior Manager salary at Muthoot Insurance Brokers ranges between ₹6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 13 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Insurance Brokers.

Latest annual salaries shared by Muthoot Insurance Brokers Senior Manager

9mo ago
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17 years exp.
1y ago
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15 years exp.
1y ago
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14 years exp.
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17 years exp.
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16 years exp.

Experience wise Muthoot Insurance Brokers Senior Manager salaries

Last Updated: 3 Apr 2024

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
14 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
15+ years  (4 salaries)

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₹6 L/yr - ₹7.2 L/yr

Similar Designation salaries in Muthoot Insurance Brokers

Deputy Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Business Development Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Muthoot Insurance Brokers

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 16 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing everything is mismanaged, zero support from all areas be it regional office, corporate office or branch level.. no body talks about the product except gold loan even after putting all the efforts and telling people 100 times no positive response and the culture is worst imagine working in a company where there is no support and you being at peak of your efforts not getting recognition.

read more

Dislikes

...out the company never ever join this organisation else you make your life hell.. zero support from everywhere people get frustrated, salary gets hold and they don't have manners to talk even also so much pressure is given for business and corporate office only says it's not our fault if you are not getting support. Just disgusting.. worst system, worst management, worst place to work You have to visit the branches every of muthoot finance and get the business but believe me no branch is talking about the product no staff talks about product, only talks about gold loan growth nothing else Harassment is on peak

read more
  • Salary - Bad
  • +6 more

Marketing & Communication Department

2.0
  •  posted on 28 Jan 2020

1.0
 for  Salary and Benefits

Likes

...s never give a leads and insurance managers Telling to create new leads by own.. No job securities and no salary hike don't choose this company life gets spoiled thank u

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Dislikes

The company needs only work from u, u can't gets any benifts from the company like medical insurance, salary hike etc nothing will provide to the employees Even I was met with an car accident i was in medical leave all the company staffs ask me how accident done, y u went there asking non sense questions instant of asking take care boy get soon we'll we will accept ur medical and we will pay u salary nu sollala..... So only i resign my job Thank u

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 12 Jul 2024

1.0
 for  Salary and Benefits

Likes

Work life balance is the only thing which is good in this company.

  • Work-life balance - Good

Dislikes

They does not give our hard earned incentives and also their is no Structure or norms in which company can work on addition worst HR and management.

read more
  • Salary - Bad
  • +5 more

Customer Success, Service & Operations Department

5.0
  •  posted on 06 Apr 2022

5.0
 for  Salary and Benefits

Likes

Actually I need experience that's why I'm applying this job for my further further experience and salary increment

  • Salary - Excellent
  • +6 more

Dislikes

In this organisation there is a sales and marketing that's why because I'm choosing another position

Sales & Business Development Department

4.0
  •  posted on 14 May 2019

4.0
 for  Salary and Benefits

Likes

This company gives us space to deliver and develop ourselves. Various employee friendly schemes make us to stick along with the company. Diversification of various departments give us the opportunity to change roles if needed.

read more
  • Salary - Good
  • +6 more

Dislikes

Sales Training has to be more professional and refreshment training is also needed. As per industry standards pay is little bit lowered

read more
see more salary related reviews

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Muthoot Insurance Brokers Senior Manager Salary FAQs

What is the salary of Senior Manager at Muthoot Insurance Brokers ?
The average salary of a Senior Manager at Muthoot Insurance Brokers in India typically ranges from ₹6.0 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 13 years to 17 years).

The top 10% of Senior Manager at Muthoot Insurance Brokers earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Senior Manager Salaries at Muthoot Insurance Brokers 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 6 Muthoot Insurance Brokers employees in India.
What is the estimated take home salary of a Senior Manager at Muthoot Insurance Brokers in India?
The estimated take-home salary of a Senior Manager at Muthoot Insurance Brokers in India typically ranges from ₹49,442 to ₹50,611 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 13 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 6 salaries received from various employees of Muthoot Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Muthoot Insurance Brokers for Senior Manager in India?
Mashreq Bank ₹23.0 Lakhs to ₹45.0 Lakhs per year
Udaan Technologies ₹20.0 Lakhs to ₹45.0 Lakhs per year
Cipla BioTec ₹20.0 Lakhs to ₹25.0 Lakhs per year
Mahajan & Aibara ₹17.5 Lakhs to ₹26.5 Lakhs per year
Mogli labs ₹12.7 Lakhs to ₹28.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Insurance Brokers, depending on the role and experience level.
What is the salary of a Senior Manager in companies similar to Muthoot Insurance Brokers in India?
The salary of a Senior Manager at companies similar to Muthoot Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Brio Technologies ₹17.0 Lakhs to ₹21.5 Lakhs per year
Practo ₹8.0 Lakhs to ₹26.0 Lakhs per year
State Bank of Mauritius ₹12.0 Lakhs to ₹20.5 Lakhs per year
Perto ₹13.4 Lakhs to ₹18.0 Lakhs per year
Plada Infotech Services ₹12.0 Lakhs to ₹17.5 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 Senior Manager at Muthoot Insurance Brokers in India?
The salary growth for a Senior Manager at Muthoot Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Senior Manager can expect the following growth trajectory at Muthoot Insurance Brokers:

Experience Average Salary Range
13 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
14 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
15 years ₹6.0 Lakhs to ₹7.2 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Insurance Brokers Senior Manager salary in India ranges between ₹6 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Muthoot Insurance Brokers latest salaries received from various employees of Muthoot Insurance Brokers.