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

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₹19.4 Lakhs - ₹24.8 Lakhs

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Last Updated: 10 Apr 2024

Companies similar to National Insurance Company for Manager in Mumbai

National Insurance Company Manager Salary

15 years exp. (AmbitionBox Estimate)

₹19.4 L/yr - ₹24.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Manager Salary 2 - 14 years exp. (118 salaries)	₹3 L/yr - ₹13 L/yr 66% less
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (139 salaries)	₹4.5 L/yr - ₹15 L/yr 54% less
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Bajaj Allianz General Insurance Manager Salary 6 - 19 years exp. (9 salaries)	₹11.8 L/yr - ₹21 L/yr 26% less
Reliance General Insurance Manager Salary 2 - 16 years exp. (75 salaries)	₹5 L/yr - ₹14.6 L/yr 62% less
Tata AIG Manager Salary 1 - 11 years exp. (213 salaries)	₹4 L/yr - ₹11 L/yr 68% less	7 job openings
SBI General Insurance Manager Salary 1 - 13 years exp. (42 salaries)	₹6.5 L/yr - ₹15 L/yr 58% less
Future Generali India Life Insurance Manager Salary 4 - 18 years exp. (73 salaries)	₹7 L/yr - ₹22.3 L/yr 33% less	2 job openings
HDFC Life Manager Salary 1 - 16 years exp. (311 salaries)	₹4.5 L/yr - ₹17.9 L/yr 53% less
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (241 salaries)	₹2.4 L/yr - ₹8.5 L/yr 74% less
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (184 salaries)	₹3.4 L/yr - ₹14.2 L/yr 61% less
Tata AIA Life Insurance Manager Salary 3 - 18 years exp. (173 salaries)	₹7.5 L/yr - ₹29.1 L/yr 24% less	3 job openings
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SBI Life Insurance Company Manager Salary 3 - 20 years exp. (163 salaries)	₹5.5 L/yr - ₹18 L/yr 45% less
Aditya Birla Health Insurance Co Manager Salary 1 - 12 years exp. (134 salaries)	₹5 L/yr - ₹17 L/yr 52% less
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (109 salaries)	₹5 L/yr - ₹18 L/yr 49% less
Reliance Nippon Life Insurance Manager Salary 2 - 18 years exp. (64 salaries)	₹3.2 L/yr - ₹11.9 L/yr 66% less
Bajaj Allianz Life Insurance Manager Salary 3 - 17 years exp. (37 salaries)	₹8.9 L/yr - ₹18.5 L/yr 39% less
PNB MetLife Manager Salary 7 - 17 years exp. (34 salaries)	₹4.6 L/yr - ₹15.5 L/yr 47% less	2 job openings
Axis Max Life Insurance Manager Salary 5 - 16 years exp. (20 salaries)	₹4 L/yr - ₹15 L/yr 60% less	7 job openings
Iffco Tokio General Insurance Co. Manager Salary 4 - 17 years exp. (15 salaries)	₹6.4 L/yr - ₹15 L/yr 55% less
Cholamandalam MS General Insurance Manager Salary 3 - 11 years exp. (11 salaries)	₹5.5 L/yr - ₹9 L/yr 62% less

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Manager salary at National Insurance Company ranges between ₹19.4 Lakhs to ₹24.8 Lakhs per year for employees with 15+ years of experience. Salary estimates are based on 1 latest salaries received from various employees of National Insurance Company.

Similar Designation salaries in National Insurance Company

Deputy Manager Salary

(4 salaries)

₹21 L/yr - ₹24 L/yr

Salary related reviews for National Insurance Company

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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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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National Insurance Company Manager Salary FAQs

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

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

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National Insurance Company Manager Salaries in Mumbai

National Insurance Company Manager salary in Mumbai ranges between ₹19.4 Lakhs to ₹24.8 Lakhs. This is an estimate based on latest salaries received from employees of National Insurance Company.