National Insurance Company Manager Salaries by 6 Employees (Updated 2025)

3 - 15 years exp.

₹7.5 Lakhs - ₹36.6 Lakhs

Low Confidence

Salary of majority employees

34% more than the average Manager Salary in Insurance Companies for 3 - 15 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 3 - 15 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹30 L/yr
BFSI, Investments & Trading Manager Salary 11 years exp. (AmbitionBox Estimate)	₹22.5 L/yr - ₹27.5 L/yr
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Customer Success, Service & Operations Manager Salary 13 years exp. (AmbitionBox Estimate)	₹36.9 L/yr - ₹45.1 L/yr

Last Updated: 11 Jan 2025

Companies similar to National Insurance Company for Manager

Company name	Avg Annual Salary	Open Jobs
United India Insurance Company Manager Salary 5 - 31 years exp. (6 salaries)	₹10 L/yr - ₹26 L/yr 5% less
The Oriental Insurance Co. Manager Salary 8 - 31 years exp. (4 salaries)	₹7 L/yr - ₹20 L/yr 26% less
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ICICI Lombard General Insurance Company Manager Salary 0 - 14 years exp. (294 salaries)	₹3.5 L/yr - ₹11 L/yr 69% less
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (425 salaries)	₹4.5 L/yr - ₹16.4 L/yr 55% less
Bajaj Allianz General Insurance Manager Salary 6 - 19 years exp. (109 salaries)	₹7 L/yr - ₹30 L/yr 21% less
Reliance General Insurance Manager Salary 2 - 17 years exp. (167 salaries)	₹4.5 L/yr - ₹11.6 L/yr 65% less
Tata AIG Manager Salary 1 - 11 years exp. (457 salaries)	₹3.7 L/yr - ₹11 L/yr 69% less	7 job openings
SBI General Insurance Manager Salary 1 - 13 years exp. (108 salaries)	₹6 L/yr - ₹15.5 L/yr 60% less
Future Generali India Life Insurance Manager Salary 4 - 18 years exp. (121 salaries)	₹7 L/yr - ₹22.3 L/yr 38% less	2 job openings
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (565 salaries)	₹3 L/yr - ₹8.5 L/yr 75% less
HDFC Life Manager Salary 2 - 16 years exp. (447 salaries)	₹4 L/yr - ₹16 L/yr 58% less
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SBI Life Insurance Company Manager Salary 3 - 20 years exp. (266 salaries)	₹5.2 L/yr - ₹18 L/yr 48% less
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (281 salaries)	₹3.4 L/yr - ₹13 L/yr 63% less
Max Life Insurance Manager Salary 5 - 15 years exp. (269 salaries)	₹3.7 L/yr - ₹15.5 L/yr 59% less	9 job openings
Tata AIA Life Insurance Manager Salary 4 - 18 years exp. (243 salaries)	₹6.5 L/yr - ₹26 L/yr 32% less	16 job openings
Aditya Birla Health Insurance Co Manager Salary 2 - 12 years exp. (194 salaries)	₹4.5 L/yr - ₹16 L/yr 54% less
Bajaj Allianz Life Insurance Manager Salary 3 - 18 years exp. (185 salaries)	₹5.5 L/yr - ₹21.7 L/yr 41% less
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (187 salaries)	₹4 L/yr - ₹15.5 L/yr 57% less
Iffco Tokio General Insurance Co. Manager Salary 5 - 19 years exp. (155 salaries)	₹5.2 L/yr - ₹15 L/yr 51% less
Reliance Nippon Life Insurance Manager Salary 2 - 20 years exp. (148 salaries)	₹1.2 L/yr - ₹10 L/yr 74% less

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Manager salary at National Insurance Company ranges between ₹7.5 Lakhs to ₹36.6 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of National Insurance Company.

Experience wise National Insurance Company Manager salaries

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
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5 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
6 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
7 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr
8 years (AmbitionBox Estimate)	₹18.6 L/yr - ₹34.3 L/yr
9 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.7 L/yr
10 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.5 L/yr
11 years (AmbitionBox Estimate)	₹25 L/yr - ₹47.4 L/yr
12 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹30 L/yr
13 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹41 L/yr
14 years (AmbitionBox Estimate)	₹30.2 L/yr - ₹38.6 L/yr
15+ years (AmbitionBox Estimate)	₹30 L/yr - ₹64.8 L/yr

View all

Similar Designation salaries in National Insurance Company

Deputy Manager Salary

(12 salaries)

₹17 L/yr - ₹25 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹93.1 L/yr - ₹102.9 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for National Insurance Company

5.0

Rated by 2 employees for salary & benefits

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.

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..

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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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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National Insurance Company Manager Salary FAQs

What is the salary of Manager at National Insurance Company?

Manager salary at National Insurance Company in India ranges between ₹7.5 Lakhs to ₹36.6 Lakhs for experience between 3 years to 15 years. According to our estimates it is 34% more than the average Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of National Insurance Company India.

How does the salary of a Manager at National Insurance Company India compare with the average salary range for this job?

The average salary of a Manager at National Insurance Company is 34% more than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than National Insurance Company to a Manager in India?

Allstate Manager Salary - ₹21.0 Lakhs to ₹60.0 Lakhs per year
MetLife Manager Salary - ₹14.0 Lakhs to ₹52.0 Lakhs per year
First American Corporation Manager Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year

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

United India Insurance Company Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
Bajaj Allianz General Insurance Manager Salary - ₹7.0 Lakhs to ₹30.0 Lakhs per year
The Oriental Insurance Co. Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
Guardian India Manager Salary - ₹10.8 Lakhs to ₹27.5 Lakhs per year
Tata AIA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Manager at National Insurance Company ranges between ₹1,39,896 per month to ₹1,45,085 per month in India. The take-home salary calculation is based on the average National Insurance Company Manager salary in India which ranges between ₹7.5 Lakhs to ₹36.6 Lakhs per year for employees with experience between 3 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the National Insurance Company Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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National Insurance Company Manager Salaries

National Insurance Company Manager salary in India ranges between ₹7.5 Lakhs to ₹36.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 National Insurance Company latest salaries received from various employees of National Insurance Company.