National Insurance Company Mumbai Deputy Manager Salaries by 4 Employees

10 - 12 years exp.

₹21 Lakhs - ₹24 Lakhs

Avg. annual salary

Monthly In-hand Salary

146% more than the average Deputy Manager Salary in Insurance Companies for 10 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 10 - 12 years exp. (3 salaries)	₹21 L/yr - ₹22 L/yr
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Finance & Accounting Deputy Manager Salary 10 years exp. (AmbitionBox Estimate)	₹22.5 L/yr - ₹24 L/yr

Last Updated: 27 Dec 2024

Companies similar to National Insurance Company for Deputy Manager in Mumbai

National Insurance Company Deputy Manager Salary

10 - 12 years exp. (4 salaries)

₹21 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 10 years exp. (433 salaries)	₹2.3 L/yr - ₹5.7 L/yr 80% less
HDFC Life Deputy Manager Salary 2 - 15 years exp. (428 salaries)	₹3.5 L/yr - ₹14.4 L/yr 62% less
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Tata AIG Deputy Manager Salary 2 - 9 years exp. (202 salaries)	₹2.6 L/yr - ₹8 L/yr 79% less	2 job openings
Aditya Birla Health Insurance Co Deputy Manager Salary 2 - 11 years exp. (146 salaries)	₹4.2 L/yr - ₹12.6 L/yr 63% less
Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 15 years exp. (72 salaries)	₹5 L/yr - ₹16 L/yr 50% less
Aditya Birla Sun Life Insurance Deputy Manager Salary 2 - 10 years exp. (69 salaries)	₹3.2 L/yr - ₹12 L/yr 68% less
Axis Max Life Insurance Deputy Manager Salary 0 - 13 years exp. (68 salaries)	₹3.2 L/yr - ₹7.7 L/yr 74% less	19 job openings
Reliance Nippon Life Insurance Deputy Manager Salary 1 - 17 years exp. (53 salaries)	₹3.7 L/yr - ₹14.4 L/yr 60% less
PNB MetLife Deputy Manager Salary 4 - 16 years exp. (51 salaries)	₹4 L/yr - ₹12.6 L/yr 59% less
Reliance General Insurance Deputy Manager Salary 1 - 9 years exp. (37 salaries)	₹3.2 L/yr - ₹6 L/yr 78% less
SBI General Insurance Deputy Manager Salary 4 - 11 years exp. (28 salaries)	₹4.3 L/yr - ₹10.6 L/yr 73% less
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Star Health & Allied Insurance Deputy Manager Salary 3 - 13 years exp. (13 salaries)	₹4.8 L/yr - ₹7 L/yr 68% less
Cholamandalam MS General Insurance Deputy Manager Salary 1 - 11 years exp. (10 salaries)	₹5.6 L/yr - ₹11 L/yr 60% less
ICICI Prudential Life Insurance Deputy Manager Salary 1 - 7 years exp. (9 salaries)	₹3.8 L/yr - ₹8 L/yr 74% less
ICICI Lombard General Insurance Company Deputy Manager Salary 5 - 13 years exp. (9 salaries)	₹4.7 L/yr - ₹11 L/yr 66% less
SBI Life Insurance Company Deputy Manager Salary 1 - 11 years exp. (7 salaries)	₹4 L/yr - ₹8.5 L/yr 68% less
Tata AIA Life Insurance Deputy Manager Salary 3 - 8 years exp. (5 salaries)	₹3.2 L/yr - ₹8 L/yr 73% less
Canara HSBC Life Insurance Deputy Manager Salary 7 - 15 years exp. (5 salaries)	₹6.4 L/yr - ₹9.8 L/yr 58% less

Deputy Manager salary at National Insurance Company ranges between ₹21 Lakhs to ₹24 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of National Insurance Company.

Experience wise National Insurance Company Deputy Manager salaries in Mumbai

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹19 L/yr - ₹24.3 L/yr
11 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.5 L/yr
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12 years (AmbitionBox Estimate)	₹19.4 L/yr - ₹24.7 L/yr

Similar Designation salaries in National Insurance Company

Senior Assistant Salary

(3 salaries)

₹4 L/yr - ₹6 L/yr

Salary related reviews for National Insurance Company

5.0

Rated by 1 employees for salary & benefits

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.

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.

Skill development - Bad

+3 more

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.

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..

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

Salary - Excellent

+6 more

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.

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.

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).

Salary - Good

+6 more

Dislikes

Nothing...

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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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National Insurance Company Deputy Manager Salary FAQs

What is the salary of Deputy Manager at National Insurance Company in Mumbai?

The average salary of a Deputy Manager at National Insurance Company in Mumbai typically ranges from ₹21.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 10 years to 12 years).

The top 10% of Deputy Manager in Mumbai at National Insurance Company earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Deputy 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 4 National Insurance Company employees in India.

What is the estimated take home salary of a Deputy Manager at National Insurance Company in Mumbai?

The estimated take-home salary of a Deputy Manager at National Insurance Company in Mumbai typically ranges from ₹1,37,653 to ₹1,42,740 per month. This is based on the average salary range of ₹21.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 10 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 4 salaries received from various employees of National Insurance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Deputy Manager in companies similar to National Insurance Company in Mumbai?

The salary of a Deputy Manager at companies similar to National Insurance Company in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹5.0 Lakhs to ₹16.0 Lakhs per year
Canara HSBC Life Insurance	₹6.4 Lakhs to ₹9.8 Lakhs per year
PNB MetLife	₹4.0 Lakhs to ₹12.6 Lakhs per year
Reliance Nippon Life Insurance	₹3.7 Lakhs to ₹14.4 Lakhs per year
Cholamandalam MS General Insurance	₹5.6 Lakhs to ₹11.0 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 Deputy Manager at National Insurance Company in Mumbai?

The salary growth for a Deputy Manager at National Insurance Company in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Mumbai can expect the following growth trajectory at National Insurance Company:

Experience	Average Salary Range
10 years	₹19.0 Lakhs to ₹24.3 Lakhs per year
11 years	₹19.2 Lakhs to ₹24.5 Lakhs per year
12 years	₹19.4 Lakhs to ₹24.7 Lakhs per year

and so on.

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National Insurance Company Deputy Manager Salaries in Mumbai

National Insurance Company Deputy Manager salary in Mumbai ranges between ₹21 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 National Insurance Company latest salaries received from various employees of National Insurance Company.