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National Insurance Company Assistant Manager salaries in India (Updated 2025)

Annual salary range
4 - 12 years exp.
₹9.6 Lakhs - ₹18 Lakhs
Salary of majority employees
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72% more than the average Assistant Manager Salary in Insurance Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
6 - 12 years exp. (14 salaries)
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₹11 L/yr - ₹16.5 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
4 - 11 years exp. (6 salaries)
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₹10.3 L/yr - ₹18 L/yr

Finance & Accounting
Assistant Manager Salary
6 - 8 years exp. (5 salaries)
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₹11 L/yr - ₹14.1 L/yr

UX, Design & Architecture
Assistant Manager Salary
5 - 7 years exp. (3 salaries)
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₹10 L/yr - ₹13.5 L/yr

Administration & Facilities
Assistant Manager Salary
8 - 9 years exp. (3 salaries)
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₹12.5 L/yr - ₹17 L/yr

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Last Updated: 18 Jan 2025

Companies similar to National Insurance Company for Assistant Manager

Company name Avg Annual Salary Open Jobs
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MetLife Assistant Manager Salary

4 - 15 years exp. (895 salaries)

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₹8 L/yr - ₹30 L/yr

arrow icon 29% more
6 job openings
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₹2 L/yr - ₹4.8 L/yr

arrow icon 75% less
1 job opening
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Axis Max Life Insurance Assistant Manager Salary

0 - 10 years exp. (638 salaries)

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₹2 L/yr - ₹7.5 L/yr

arrow icon 71% less
19 job openings
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Tata AIA Life Insurance Assistant Manager Salary

2 - 17 years exp. (580 salaries)

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₹3.8 L/yr - ₹14 L/yr

arrow icon 39% less
31 job openings
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₹3 L/yr - ₹7.1 L/yr

arrow icon 63% less
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₹4 L/yr - ₹12 L/yr

arrow icon 51% less
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₹2 L/yr - ₹8.4 L/yr

arrow icon 70% less
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₹2.6 L/yr - ₹9.5 L/yr

arrow icon 61% less
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SBI General Insurance Assistant Manager Salary

0 - 10 years exp. (328 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 71% less
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₹4 L/yr - ₹13.6 L/yr

arrow icon 44% less
1 job opening
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Assistant Manager salary at National Insurance Company ranges between ₹9.6 Lakhs to ₹18 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 53 latest salaries received from various employees of National Insurance Company.

Latest annual salaries shared by National Insurance Company Assistant Manager

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11 years exp.
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Experience wise National Insurance Company Assistant Manager salaries

Last Updated: 18 Jan 2025

Experience Avg Annual Salary
4 years  (3 salaries)

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₹12 L/yr - ₹25.7 L/yr
5 years (AmbitionBox Estimate)

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₹10 L/yr - ₹25.9 L/yr
6 years  (4 salaries)

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₹10 L/yr - ₹26 L/yr
7 years  (10 salaries)

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₹10 L/yr - ₹16.5 L/yr
8 years  (9 salaries)

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₹9.6 L/yr - ₹17 L/yr
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National Insurance Company Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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4 - 12 years exp.

Divisional Manager

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9 - 12 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in National Insurance Company

Department Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Branch Manager Salary
(6 salaries)
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₹11 L/yr - ₹15.1 L/yr
Deputy Manager Salary
(11 salaries)
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₹17 L/yr - ₹25 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Senior Officer Salary
(AmbitionBox Estimate)
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₹17.3 L/yr - ₹22.1 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

Salary related reviews for National Insurance Company

3.4

Rated by 5 employees for salary & benefits

BFSI, Investments & Trading Department

3.0
  •  posted on 28 May 2022

3.0
 for  Salary and Benefits

Likes

Being a PSU company job is some what secure till the time it does not get shut down by the government. Poor management, Company Policies are confusing, work culture is pathetic as it happens in the Government companies. Being a service provider company, service comes last in the priority list.

read more
  • Promotions - Good

Dislikes

bureaucracy, dirty politics, stringent work - life balance, salary is ok-ok, work environment demoralizing, good opportunities for carrier growth, for job security the phrase is said as that the PSU Companies are born to die, so it depends on the policies of the government. poor training management. sync/competitiveness/proficiency/efficiency is missing in teammates which desires a lot. innovation is ok-ok.

read more
  • Skill development - Bad
  • +3 more

Administration & Facilities Department

5.0
  •  posted on 21 Jun 2022

5.0
 for  Salary and Benefits

Likes

Excellent work environment and excellent culture.Teammates are very supportive and management is very transparent.Company policies are provided to flexible customers.office staffs are very co-operative.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary is decent but career growth is very slow.There is a lot of politics,and the management doesn't address our issues.on the job training is not given to freshers..

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Production, Manufacturing & Engineering Department

4.0
  •  posted on 02 Mar 2018

5.0
 for  Salary and Benefits

Likes

... During that period I got 4 promotions and 3 transfers. I enjoyed various work. There is lots of scope for training, experience growth, salary + benifits. Transfers gave me chance to meet different people and different place. Work environment, innovation and career, depends on individual attitudes

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  • Salary - Excellent
  • +6 more

Dislikes

Newly introduced online core Insurance(EASI) is not employees/customers friendly. Centralised system & so many stepping of authority.

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POWER DIVISION Department

4.0
  •  posted on 08 Aug 2017

4.0
 for  Salary and Benefits

Likes

I LIKE WORK IN POWER PROJECTS LIKE HIGH VOLTAGE GIS SUBSTATIONS.AL ARRAB IS A SAUDI BASED COMPANY WORKING FOR THE CONSTRUCTION OF GIS SUB-STATION AND MEP PROJECTS.

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  • Salary - Good
  • +4 more

Dislikes

I DON'T LIKE IF THERE IS NO INCREMENT IN SALARY AFTER WORKING LONG TIME IN COMPANY.SHOULD MUST BE INCREMENT PER YEAR AS PER PERFORMANCE.

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Other Department

4.0
  •  posted on 16 Feb 2021

4.0
 for  Salary and Benefits

Likes

A prestigious company. Work culture good for both clients & staff, good salary and job satisfaction, good growth in friendly atmosphere, five days a week. Good for job seekers (if Govt. keeps it alive).

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing...

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National Insurance Company Assistant Manager Salary FAQs

What is the salary of Assistant Manager at National Insurance Company ?
The average salary of a Assistant Manager at National Insurance Company in India typically ranges from ₹9.6 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Assistant Manager at National Insurance Company earn more than ₹16.6 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Assistant Manager Salaries at National Insurance Company 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 50+ National Insurance Company employees in India.
What is the estimated take home salary of a Assistant Manager at National Insurance Company in India?
The estimated take-home salary of a Assistant Manager at National Insurance Company in India typically ranges from ₹1,00,907 to ₹1,03,658 per month. This is based on the average salary range of ₹9.6 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 4 years to 12 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 50+ salaries received from various employees of National Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than National Insurance Company for Assistant Manager in India?
Allstate ₹7.4 Lakhs to ₹42.0 Lakhs per year
MetLife ₹8.0 Lakhs to ₹30.0 Lakhs per year
United India Insurance Company ₹7.0 Lakhs to ₹22.0 Lakhs per year
The New India Assurance Co. ₹10.0 Lakhs to ₹19.0 Lakhs per year

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

Guardian India ₹5.6 Lakhs to ₹19.4 Lakhs per year
The Oriental Insurance Co. ₹6.1 Lakhs to ₹18.0 Lakhs per year
XL Catlin ₹6.5 Lakhs to ₹16.0 Lakhs per year
First American Corporation ₹7.0 Lakhs to ₹17.0 Lakhs per year
Gallagher ₹6.5 Lakhs to ₹18.6 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 Assistant Manager at National Insurance Company in India?
The salary growth for a Assistant Manager at National Insurance Company depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at National Insurance Company:

Experience Average Salary Range
4 years ₹12.0 Lakhs to ₹25.7 Lakhs per year
5 years ₹10.0 Lakhs to ₹25.9 Lakhs per year
6 years ₹10.0 Lakhs to ₹26.0 Lakhs per year
7 years ₹10.0 Lakhs to ₹16.5 Lakhs per year
and so on.

Tell us how to improve this page.

National Insurance Company Assistant Manager salary in India ranges between ₹9.6 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 53 National Insurance Company latest salaries received from various employees of National Insurance Company.