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PNB MetLife

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PNB MetLife Assistant Manager salaries in Mumbai Suburban (Updated 2025)

Annual salary range
6 - 9 years exp.
₹4 Lakhs - ₹6.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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38% less than the average Assistant Manager Salary in Insurance Companies for 6 - 9 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Customer Success, Service & Operations
Assistant Manager Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.8 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5.8 L/yr

Last Updated: 5 Apr 2025

Companies similar to PNB MetLife for Assistant Manager in Mumbai Suburban

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PNB MetLife Assistant Manager Salary

6 - 9 years exp. (4 salaries)

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₹4 L/yr - ₹6.8 L/yr

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Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹5 L/yr

arrow icon 21% less
1 job opening
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₹5.7 L/yr - ₹13.2 L/yr

arrow icon 95% more
29 job openings
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₹3.1 L/yr - ₹5.2 L/yr

arrow icon 18% less
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₹5.2 L/yr - ₹6.8 L/yr

arrow icon 18% more
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Kotak Securities Assistant Manager Salary

0 - 7 years exp. (62 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 28% less
3 job openings
Assistant Manager salary at PNB MetLife ranges between ₹4 Lakhs to ₹6.8 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of PNB MetLife.

Latest annual salaries shared by PNB MetLife Assistant Manager in Mumbai Suburban

6d ago
₹6.8 Lakhs
9 years exp.
4w ago
₹6.5 Lakhs
6 years exp.

Experience wise PNB MetLife Assistant Manager salaries in Mumbai Suburban

Last Updated: 5 Apr 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)

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

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₹4.5 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
PNB MetLife Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 11 years exp.

Associate General Manager

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13 - 21 years exp.

Assistant Manager

0 - 11 years exp.
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Deputy Manager

4 - 17 years exp.
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arrow icon 73% hike

Manager

7 - 17 years exp.
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arrow icon 32% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at PNB MetLife for Assistant Manager

Operations Medical Underwriting Life Insurance Actuarial Life Insurance

Salary related reviews for PNB MetLife

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 01 Aug 2024

1.0
 for  Salary and Benefits

Likes

...r banca channel. I was handling 3 branches in 3 cities. Got very bad experience. My last month salary, my travel claim everything is not clear yet, and given me 1 day relieve... Pathetic work culture. That banks, which have tie up they also not given any business by saying reasons like, in last 2-3 year PNB MetLife not given services properly. And your employees frequently changes the jobs and we need to face customer... Customer's maturity amount is hold for 7 months after maturity... Operation team also not supportive for ground level Emp. But seniors wants business only... In PNB METLIFE Seniors shouting for business and customers shouting for service.. as a employee we were taking salary for harrasment only not for our duty.

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Dislikes

...r banca channel. I was handling 3 branches in 3 cities. Got very bad experience. My last month salary, my travel claim everything is not clear yet, and given me 1 day relieve... Pathetic work culture. That banks, which have tie up they also not given any business by saying one reasons like, in last 2-3 years PNB MetLife not given services properly. and your employees frequently changes the jobs and we need to face customers... Customer's maturity amount is hold for 7 months after maturity.... Operations team also not supportive for ground level elp. But seniors wants business only... In PNB MetLife seniors shouting for business and customers shouting for service.. as a employee we were taking salary for harrasment only not for our duty.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 05 Feb 2024

1.0
 for  Salary and Benefits

Likes

There nothing to like in pnb METLIFE. This is worst company I have worked with. They will not give you salary. Manager will pressurze you every single minute. This is my strong advice to everyone to not join this company. Upper management will not hear you. They always listen to you manager. Manager always pushes you to sale either it is ethical or unethical. They will never support you.

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Dislikes

Manager support miss saling. My manager hold my salary of last 2 months. They always threatened you. Your attendance is in your report managers hand. They hire you and from 2 month they will start fire you. They will make so much pressure that you can't bear. This my very humble request to all who is read to this please don't join this company at any cost.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 03 Jan 2023

5.0
 for  Salary and Benefits

Likes

If you want to work in a company to earn good salary and then good incentives, then this company can be a perfect choice for you.

read more
  • Salary - Excellent
  • +6 more

Dislikes

This insurance company is not technically strong. Insurance companies have their own applications, but this company has many shortcomings of such applications. The product training in the company is also very poor. The company has some applications of its own, but they also do not work well. For Customer Login, one has to login through the browser. The customer support system of this company is also very poor.

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 20 Jun 2023

2.0
 for  Salary and Benefits

Likes

Technically sound company....

Dislikes

...were terminated by company......Means you will face professnal carreir gap.... Pnb metlife never increment your salary single rupees per year......Even if you work for 5-7 years, until you get promoted. But promotion in pnb metlife is dificult, there are many parametres....Less than 1% employee able to get ptomoted.....I work in pnb metlife for many years...

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 26 Oct 2023

1.0
 for  Salary and Benefits

Likes

Good company, my experience with pnb MetLife good in PNB Bank. Quick process of issuance and claim settlement. Advanced digital marketing services well.

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  • Work satisfaction - Excellent
  • +1 more

Dislikes

HR system very poor and salary related attendance by report manager approval is ❓❓, not Good company for all ,it's only good for joker 🃏 staffs, but company management is not handle any issues and problems. Any one not making attendance issues, I lost 45 days of my salary even though working in PNB Metlife.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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PNB MetLife Assistant Manager Salary FAQs

What is the salary of Assistant Manager at PNB MetLife in Mumbai Suburban?
The average salary of a Assistant Manager at PNB MetLife in Mumbai Suburban typically ranges from ₹4.0 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Assistant Manager in Mumbai Suburban at PNB MetLife earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Assistant Manager Salaries at PNB MetLife 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 PNB MetLife employees in India.
What is the estimated take home salary of a Assistant Manager at PNB MetLife in Mumbai Suburban?
The estimated take-home salary of a Assistant Manager at PNB MetLife in Mumbai Suburban typically ranges from ₹35,033 to ₹36,273 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 6 years to 9 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 PNB MetLife. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at PNB MetLife in Mumbai Suburban?
To be a Assistant Manager at PNB MetLife in Mumbai Suburban, the key skills required include:

  • - Operations
  • - Medical Underwriting
  • - Life Insurance
  • - Actuarial
  • - Life Insurance

These skills are highly valued at PNB MetLife and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than PNB MetLife for Assistant Manager in India?
Tata AIA Life Insurance ₹5.7 Lakhs to ₹13.2 Lakhs per year
IndiaFirst Life Insurance ₹5.2 Lakhs to ₹6.8 Lakhs per year

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

Reliance Nippon Life Insurance ₹3.1 Lakhs to ₹5.2 Lakhs per year
Kotak Mahindara Life Insurance ₹2.3 Lakhs to ₹5.0 Lakhs per year
Kotak Securities ₹1.8 Lakhs to ₹4.5 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 Assistant Manager at PNB MetLife in Mumbai Suburban?
The salary growth for a Assistant Manager at PNB MetLife in Mumbai Suburban depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai Suburban can expect the following growth trajectory at PNB MetLife:

Experience Average Salary Range
6 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
7 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
8 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
9 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
and so on.

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PNB MetLife Assistant Manager salary in Mumbai Suburban ranges between ₹4 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 PNB MetLife latest salaries received from various employees of PNB MetLife.