PNB MetLife Insurance Manager Salaries by 70+ Employees (Updated 2025)

0 - 8 years exp.

₹0.6 Lakh - ₹5.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Insurance Manager Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Manager Salary 0 - 8 years exp. (24 salaries)	₹0.6 L/yr - ₹5 L/yr
Sales & Business Development Insurance Manager Salary 2 - 8 years exp. (10 salaries)	₹2 L/yr - ₹4.2 L/yr
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Finance & Accounting Insurance Manager Salary 0 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹4.1 L/yr
Marketing & Communication Insurance Manager Salary 0 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹4.3 L/yr
Teaching & Training Insurance Manager Salary 0 - 6 years exp. (3 salaries)	₹0.6 L/yr - ₹3.8 L/yr

View all

Last Updated: 7 Mar 2025

Companies similar to PNB MetLife for Insurance Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life Insurance Manager Salary 1 - 6 years exp. (50 salaries)	₹2.5 L/yr - ₹6 L/yr 3% more
Bajaj Allianz Life Insurance Insurance Manager Salary 1 - 7 years exp. (45 salaries)	₹1.5 L/yr - ₹6 L/yr 1% less
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Reliance Nippon Life Insurance Insurance Manager Salary 1 - 11 years exp. (25 salaries)	₹1.8 L/yr - ₹5 L/yr 5% less
Tata AIA Life Insurance Insurance Manager Salary 3 - 9 years exp. (28 salaries)	₹2.6 L/yr - ₹7.7 L/yr 27% more
Axis Max Life Insurance Insurance Manager Salary 1 - 8 years exp. (25 salaries)	₹2.3 L/yr - ₹5 L/yr 6% more
Kotak Mahindara Life Insurance Insurance Manager Salary 1 - 8 years exp. (21 salaries)	₹2.5 L/yr - ₹5.9 L/yr 7% more
ICICI Prudential Life Insurance Insurance Manager Salary 1 - 9 years exp. (19 salaries)	₹2.8 L/yr - ₹5 L/yr 5% less
Shriram Life Insurance Insurance Manager Salary 2 - 15 years exp. (13 salaries)	₹1 L/yr - ₹5 L/yr 7% less
SBI Life Insurance Company Insurance Manager Salary 3 - 12 years exp. (15 salaries)	₹2.5 L/yr - ₹4.5 L/yr 8% more
Cholamandalam MS General Insurance Insurance Manager Salary 3 - 9 years exp. (9 salaries)	₹3 L/yr - ₹5.9 L/yr 18% more
Aditya Birla Sun Life Insurance Insurance Manager Salary 2 - 8 years exp. (8 salaries)	₹3 L/yr - ₹5.6 L/yr 4% more
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SBI General Insurance Insurance Manager Salary 0 - 16 years exp. (7 salaries)	₹2.4 L/yr - ₹7.5 L/yr 28% more
Aditya Birla Health Insurance Co Insurance Manager Salary 1 - 7 years exp. (5 salaries)	₹3.8 L/yr - ₹4.7 L/yr 16% more
National Insurance Company Insurance Manager Salary 6 - 32 years exp. (4 salaries)	₹12.5 L/yr - ₹14 L/yr 258% more
Star Health & Allied Insurance Insurance Manager Salary 9 - 11 years exp. (4 salaries)	₹4.2 L/yr - ₹7.3 L/yr 21% more
The New India Assurance Co. Insurance Manager Salary 3 - 7 years exp. (3 salaries)	₹1.2 L/yr - ₹15 L/yr 79% more

Insurance Manager salary at PNB MetLife ranges between ₹0.6 Lakh to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 70 latest salaries received from various employees of PNB MetLife.

Latest annual salaries shared by PNB MetLife Insurance Manager

4w ago

₹3.7 Lakhs

5 years exp.

2mo ago

₹1.8 Lakh

3 years exp.

2mo ago

₹3.5 Lakhs

1 month exp.

2mo ago

₹4 Lakhs

1 year exp.

3mo ago

₹5 Lakhs

5 years exp.

5mo ago

8 years exp.

5mo ago

5 years exp.

6mo ago

6 years exp.

6mo ago

2 months exp.

8mo ago

5 years exp.

Experience wise PNB MetLife Insurance Manager salaries

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	₹0.6 L/yr - ₹3.5 L/yr
1 year (13 salaries)	₹1.1 L/yr - ₹4 L/yr
Login to view exact salary
2 years (6 salaries)	₹0.6 L/yr - ₹3.9 L/yr
3 years (5 salaries)	₹1.8 L/yr - ₹3.6 L/yr
4 years (11 salaries)	₹2.2 L/yr - ₹4.2 L/yr
5 years (9 salaries)	₹1.1 L/yr - ₹5 L/yr
6 years (7 salaries)	₹2.5 L/yr - ₹4.3 L/yr
7 years (3 salaries)	₹3.6 L/yr - ₹5.3 L/yr
8 years (8 salaries)	₹3 L/yr - ₹5 L/yr

View all

Similar Designation salaries in PNB MetLife

Branch Manager Salary

(50 salaries)

₹6.6 L/yr - ₹12.75 L/yr

Store Manager Salary

(3 salaries)

₹3.9 L/yr - ₹6.3 L/yr

Area Manager Salary

(20 salaries)

₹5.85 L/yr - ₹11.1 L/yr

Deputy Manager Salary

(127 salaries)

₹3.9 L/yr - ₹12.58 L/yr

Sales Manager Salary

(168 salaries)

₹2 L/yr - ₹8 L/yr

Area Sales Manager Salary

(25 salaries)

₹1.9 L/yr - ₹9.5 L/yr

Territory Manager Salary

(266 salaries)

₹4.26 L/yr - ₹10.3 L/yr

Branch Sales Manager Salary

(4 salaries)

₹6.25 L/yr - ₹8 L/yr

Assistant Sales Manager Salary

(16 salaries)

₹2 L/yr - ₹4.6 L/yr

Relationship Manager Salary

(1.2k salaries)

₹2.05 L/yr - ₹4.7 L/yr

Top skills at PNB MetLife for Insurance Manager

Team Management Risk Assessment Claims Procurement Analytical Monitoring Risk Management Loss Prevention Portfolio Management Ca Reporting Networking Life Insurance Financial Markets Insurance

Salary related reviews for PNB MetLife

4.1

Rated by 29 employees for salary & benefits

Insurance Manager in Lucknow

Sales & Business Development Department

5.0

• posted on 30 Nov 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming and party’s arcade for chilling. Company policies are good .

Salary - Excellent

+5 more

Dislikes

Career growth is slow . Promotion and salary growth is slow.

Insurance Manager in Lucknow

Other Department

4.0

• posted on 22 Apr 2019

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopt latest technology. I love the fact that I am a part of a team that markets reliable, high- quality products!

Salary - Excellent

+3 more

Dislikes

Compensation is decent, but growth is slow the work pressure is very high. sometime, I have to work 10 - 12 hours straight in a day as I have to attend client calls in the evening and sometime late into the night.

Business Development Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Nov 2024

2.0

for Salary and Benefits

Likes

Sorry to say I am not received last 10 days salary amount and before last day my workline Hr is not working and informed my reporting and local HR ..but I am not received and I have already shared daily basis gps photo .. because my reporting said daily share photo with gps but ............😔😔😔😔😔😔

Skill development - Excellent

+2 more

Dislikes

Last 10 days salary is not received but I was working pickup a policy but.........

Salary - Poor

+2 more

Territory Sales Manager in Meerut

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Nov 2024

5.0

for Salary and Benefits

Likes

Salary is given on time

Salary - Excellent

Dislikes

Worst work culture, hire and fire system, no scope of learning anything either perform or go. No support from supervisors. Will not recommend to anyone. Shifts extends for 9-10hrs, no work life balance

Skill development - Bad

+4 more

Relationship Manager in Aurangabad

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.

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.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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PNB MetLife Insurance Manager Salary FAQs

What is the salary of Insurance Manager at PNB MetLife ?

The average salary of a Insurance Manager at PNB MetLife in India typically ranges from ₹0.6 Lakhs to ₹5.3 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Insurance Manager at PNB MetLife earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Insurance 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 70+ PNB MetLife employees in India.

What is the estimated take home salary of a Insurance Manager at PNB MetLife in India?

The estimated take-home salary of a Insurance Manager at PNB MetLife in India typically ranges from ₹26,592 to ₹28,007 per month. This is based on the average salary range of ₹0.6 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from Fresher to 8 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 70+ 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 Insurance Manager at PNB MetLife ?

To be a Insurance Manager at PNB MetLife in india, the key skills required include:

- Team Management
- Risk Assessment
- Claims
- Procurement
- Analytical

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 Insurance Manager in India?

National Insurance Company	₹12.5 Lakhs to ₹14.0 Lakhs per year
The New India Assurance Co.	₹1.2 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance	₹2.4 Lakhs to ₹7.5 Lakhs per year
Tata AIA Life Insurance	₹2.6 Lakhs to ₹7.7 Lakhs per year
Star Health & Allied Insurance	₹4.2 Lakhs to ₹7.3 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 Insurance Manager in companies similar to PNB MetLife in India?

The salary of a Insurance Manager at companies similar to PNB MetLife in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cholamandalam MS General Insurance	₹3.0 Lakhs to ₹5.9 Lakhs per year
Aditya Birla Health Insurance Co	₹3.8 Lakhs to ₹4.7 Lakhs per year
SBI Life Insurance Company	₹2.5 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindara Life Insurance	₹2.5 Lakhs to ₹5.9 Lakhs per year
Axis Max Life Insurance	₹2.3 Lakhs to ₹5.0 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 PNB MetLife in India?

The salary growth for a Insurance Manager at PNB MetLife depends on factors such as experience, performance, and promotions. On average, a Insurance Manager can expect the following growth trajectory at PNB MetLife:

Experience	Average Salary Range
Fresher	₹0.6 Lakhs to ₹3.5 Lakhs per year
1 year	₹1.1 Lakhs to ₹4.0 Lakhs per year
2 years	₹0.6 Lakhs to ₹3.9 Lakhs per year
3 years	₹1.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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PNB MetLife Insurance Manager Salaries

PNB MetLife Insurance Manager salary in India ranges between ₹0.6 Lakh to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 70 PNB MetLife latest salaries received from various employees of PNB MetLife.

PNB MetLife Insurance Manager salaries in India (Updated 2025)

Companies similar to PNB MetLife for Insurance Manager

Latest annual salaries shared by PNB MetLife Insurance Manager

Experience wise PNB MetLife Insurance Manager salaries

Similar Designation salaries in PNB MetLife

Top skills at PNB MetLife for Insurance Manager

Salary related reviews for PNB MetLife

Insurance Manager in Lucknow

Insurance Manager in Lucknow

Business Development Manager in Guwahati

Territory Sales Manager in Meerut

Relationship Manager in Aurangabad

PNB MetLife Insurance Manager Salary FAQs

Tell us how to improve this page.

PNB MetLife Insurance Manager Salaries by Location