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Nexa Insurance Manager salaries in India

Annual salary range
10 - 14 years exp.
₹3 Lakhs - ₹5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Insurance Manager Salary in Automobile Companies for 10 - 14 years of experience

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Last Updated: 1 Dec 2024

Companies similar to Nexa for Insurance Manager

Company name Avg Annual Salary Open Jobs
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Audi Insurance Manager Salary

6 - 16 years exp. (6 salaries)

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₹4.5 L/yr - ₹5 L/yr

arrow icon 18% more
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Volkswagen Insurance Manager Salary

2 - 17 years exp. (3 salaries)

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₹2.1 L/yr - ₹3 L/yr

arrow icon 48% less
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₹3.6 L/yr - ₹4.8 L/yr

At par
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₹2.8 L/yr - ₹7 L/yr

arrow icon 13% less
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MG Motor Insurance Manager Salary

6 - 7 years exp. (3 salaries)

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₹3 L/yr - ₹3.6 L/yr

arrow icon 22% less
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Toyota Insurance Manager Salary

4 - 6 years exp. (3 salaries)

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₹2.5 L/yr - ₹3.7 L/yr

arrow icon 20% less
Insurance Manager salary at Nexa ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Nexa.

Latest annual salaries shared by Nexa Insurance Manager

1mo ago
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14 years exp.
5mo ago
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13 years exp.
1y ago
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10 years exp.
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11 years exp.
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12 years exp.

Experience wise Nexa Insurance Manager salaries

Last Updated: 1 Dec 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
11 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
12 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
13 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
14 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Nexa

Branch Manager Salary
(3 salaries)
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₹5 L/yr - ₹12 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Deputy Manager Salary
(9 salaries)
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₹16.2 L/yr - ₹21.1 L/yr
Sales Manager Salary
(31 salaries)
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₹2.4 L/yr - ₹8.1 L/yr
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₹3.06 L/yr - ₹6 L/yr
Territory Manager Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
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₹4.2 L/yr - ₹6.84 L/yr
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₹1.15 L/yr - ₹6 L/yr

Salary related reviews for Nexa

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Oct 2023

1.0
 for  Salary and Benefits

Likes

Company's rules is good but Management is very bad in that showroom.

  • Skill development - Excellent

Dislikes

...ithholds the salary, does not promote the car, only promotes if 5 cars are sold. They don't pay if target is not met, 5 people left job in my 2 month tenure very bad situation there they are taking advantage of people forceful management worst experience of my life.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Other Department

2.0
  •  posted on 23 Mar 2023

3.0
 for  Salary and Benefits

Likes

One good this is the after sales bank payout...

Dislikes

On the worst place (Jyote Motors NEXA) to work in Automobile sector.. The Management is very bad,does not coordinate properly with new comers are and one of the worst thing is the salary problem. There's no specific date in salary, sometimes they provide salary on 10th of every month and sometimes they provide on 15th of every month. Creates pressure upon juniors and new comers unnecessarily.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 28 Jan 2023

5.0
 for  Salary and Benefits

Likes

Best think i do work here, we are maximum learning option and working experience gain otherwise nothing new

  • Salary - Excellent
  • +2 more

Dislikes

...y approx 14 th yrs but is here 6 yrs massive work experience 😂😂😂 I pay till now approx 1.5lakh😂 But i have still now, Reason not option other 😊

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 10 Jul 2023

2.0
 for  Salary and Benefits

Likes

NEXA in itself is good. I worked under Poddar NEXA Guwahati. They divide the salary among 2 persons maintaining all good in papers. Culture of maruti is not applicable here. They follow their own ways. But it was a pleasure to be a part of MSIL. MSIL have wonderful training which taught me a lot.

read more
  • Work satisfaction - Good
  • +1 more

Dislikes

Job under dealership. Delearship doesn't follow all MSIL rules

  • Salary - Poor
  • +3 more

Full Time

 · 

Other Department

1.0
  •  posted on 10 Oct 2017

1.0
 for  Salary and Benefits

Likes

Intially they came up with new innovatieve ideas but there is no extraordinary they feel it is a premium car showroom, upto showroom infrastructure is ok but there is no premium man power and premium dealing with customers decision making is very bad in my jayabheei nexa dealership visakhapatnam and Many boses no individulaty more stress less package .

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Dislikes

Very low compensation and more working hours more stress and strain and overall there is no ethics and TSM domination is more and more and he doesn't know how to speaking with dealer employees behaving very worst with sales manager and showroom manager with out any respect . 1st time in my entire carrier seen this such type of ASM and TSM very worrest.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Nexa Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Nexa ?
The average salary of a Insurance Manager at Nexa in India typically ranges from ₹3.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Insurance Manager at Nexa earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Insurance Manager Salaries at Nexa 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 5 Nexa employees in India.
What is the estimated take home salary of a Insurance Manager at Nexa in India?
The estimated take-home salary of a Insurance Manager at Nexa in India typically ranges from ₹30,534 to ₹31,840 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 10 years to 14 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 5 salaries received from various employees of Nexa. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Nexa for Insurance Manager in India?
Audi ₹4.5 Lakhs to ₹5.0 Lakhs per year
Automotive Manufacturers ₹3.6 Lakhs to ₹4.8 Lakhs per year

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

Hyundai Motor India Limited ₹2.8 Lakhs to ₹7.0 Lakhs per year
Toyota ₹2.5 Lakhs to ₹3.7 Lakhs per year
MG Motor ₹3.0 Lakhs to ₹3.6 Lakhs per year
Volkswagen ₹2.1 Lakhs to ₹3.0 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 Insurance Manager at Nexa in India?
The salary growth for a Insurance Manager at Nexa depends on factors such as experience, performance, and promotions. On average, a Insurance Manager can expect the following growth trajectory at Nexa:

Experience Average Salary Range
10 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
11 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
12 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
13 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

Nexa Insurance Manager salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Nexa latest salaries received from various employees of Nexa.