National Insurance Company Mumbai Assistant Manager Salaries by 3 Employees (Updated 2024)

8 - 9 years exp.

₹11 Lakhs - ₹16.5 Lakhs

Low Confidence

Salary of majority employees

75% more than the average Assistant Manager Salary in Insurance Companies for 8 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 9 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹16.5 L/yr
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Finance & Accounting Assistant Manager Salary 8 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹13.9 L/yr

Last Updated: 17 Mar 2023

Companies similar to National Insurance Company for Assistant Manager in Mumbai

National Insurance Company Assistant Manager Salary

8 - 9 years exp. (3 salaries)

₹11 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
The New India Assurance Co. Assistant Manager Salary 5 - 9 years exp. (7 salaries)	₹7 L/yr - ₹18 L/yr 9% more
United India Insurance Company Assistant Manager Salary 6 - 12 years exp. (5 salaries)	₹11 L/yr - ₹19 L/yr 15% more
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The Oriental Insurance Co. Assistant Manager Salary 3 - 9 years exp. (4 salaries)	₹9 L/yr - ₹15.5 L/yr 11% less
ICICI Lombard General Insurance Company Assistant Manager Salary 2 - 10 years exp. (23 salaries)	₹3 L/yr - ₹9.3 L/yr 58% less
Bajaj Allianz General Insurance Assistant Manager Salary 1 - 16 years exp. (61 salaries)	₹5.8 L/yr - ₹9.5 L/yr 46% less	4 job openings
HDFC Ergo General Insurance Assistant Manager Salary 1 - 11 years exp. (109 salaries)	₹2.9 L/yr - ₹7.3 L/yr 66% less
Reliance General Insurance Assistant Manager Salary 1 - 10 years exp. (13 salaries)	₹3 L/yr - ₹9.2 L/yr 69% less
Tata AIG Assistant Manager Salary 7 - 15 years exp. (5 salaries)	₹5 L/yr - ₹7.3 L/yr 55% less
SBI General Insurance Assistant Manager Salary 0 - 11 years exp. (75 salaries)	₹3.2 L/yr - ₹9 L/yr 69% less
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 6 years exp. (381 salaries)	₹2 L/yr - ₹4.8 L/yr 75% less	1 job opening

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Assistant Manager salary at National Insurance Company ranges between ₹11 Lakhs to ₹16.5 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of National Insurance Company.

Experience wise National Insurance Company Assistant Manager salaries in Mumbai

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹25.5 L/yr
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9 years (AmbitionBox Estimate)	₹14 L/yr - ₹16.5 L/yr

From

Assistant Manager

₹

Lakhs/yr

8 - 12 years exp.

Regional Manager

₹

Lakhs/yr

31 - 31 years exp.

Assistant Manager 8 - 12 years exp.

Divisional Manager 9 - 12 years exp.

21% hike

Chief Manager 31 - 31 years exp.

-12% hike

Similar Designation salaries in National Insurance Company

Deputy Manager Salary

(3 salaries)

₹21 L/yr - ₹24 L/yr

Salary related reviews for National Insurance Company

Assistant in GHATSILA

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.

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.

Insurance Service Representative in Kerala

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.

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..

Manager

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

Dislikes

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

Site Manager in Al Jubail

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.

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.

Administration Officer in Retired Now

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).

Dislikes

Nothing...

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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National Insurance Company Assistant Manager Salary FAQs

What is the notice period for Assistant Manager at National Insurance Company in Mumbai?

According to AmbitionBox, 100% of the National Insurance Company Assistant Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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National Insurance Company Assistant Manager Salaries in Mumbai

National Insurance Company Assistant Manager salary in Mumbai ranges between ₹11 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 National Insurance Company latest salaries received from various employees of National Insurance Company.