PNB MetLife Mumbai Manager Salaries by 30+ Employees (Updated 2025)

7 - 17 years exp.

₹4.7 Lakhs - ₹15.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average Manager Salary in Insurance Companies for 7 - 17 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Manager Salary 8 - 16 years exp. (21 salaries)	₹6.1 L/yr - ₹15.5 L/yr
Data Science & Analytics Manager Salary 7 - 10 years exp. (3 salaries)	₹11.3 L/yr - ₹12.7 L/yr
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Finance & Accounting Manager Salary 12 - 15 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr
Customer Success, Service & Operations Manager Salary 8 - 12 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹13.5 L/yr
Sales & Business Development Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr

Last Updated: 22 Mar 2025

Companies similar to PNB MetLife for Manager in Mumbai

PNB MetLife Manager Salary

7 - 17 years exp. (35 salaries)

₹4.7 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Manager Salary 2 - 16 years exp. (281 salaries)	₹4 L/yr - ₹16 L/yr 14% less	2 job openings
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (242 salaries)	₹3 L/yr - ₹8.5 L/yr 52% less
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ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (181 salaries)	₹4 L/yr - ₹13.9 L/yr 28% less
Tata AIA Life Insurance Manager Salary 3 - 18 years exp. (157 salaries)	₹7.5 L/yr - ₹29.1 L/yr 50% more	2 job openings
SBI Life Insurance Company Manager Salary 3 - 20 years exp. (165 salaries)	₹5.5 L/yr - ₹17 L/yr 3% more
Aditya Birla Health Insurance Co Manager Salary 1 - 12 years exp. (136 salaries)	₹5 L/yr - ₹17 L/yr 8% less
Aditya Birla Sun Life Insurance Manager Salary 0 - 12 years exp. (108 salaries)	₹5 L/yr - ₹18 L/yr 1% less
Reliance Nippon Life Insurance Manager Salary 2 - 18 years exp. (66 salaries)	₹3.2 L/yr - ₹11.7 L/yr 42% less
IndiaFirst Life Insurance Manager Salary 3 - 16 years exp. (52 salaries)	₹6 L/yr - ₹16 L/yr 2% more
Bajaj Allianz Life Insurance Manager Salary 3 - 18 years exp. (40 salaries)	₹8.5 L/yr - ₹18.5 L/yr 17% more
SBI General Insurance Manager Salary 1 - 11 years exp. (36 salaries)	₹6.5 L/yr - ₹15 L/yr 18% less
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Axis Max Life Insurance Manager Salary 3 - 16 years exp. (25 salaries)	₹4 L/yr - ₹15 L/yr 26% less	2 job openings
Cholamandalam MS General Insurance Manager Salary 3 - 11 years exp. (11 salaries)	₹5.5 L/yr - ₹9.1 L/yr 28% less
Marsh Manager Salary 3 - 11 years exp. (6 salaries)	₹8 L/yr - ₹25 L/yr 25% more
Star Health & Allied Insurance Manager Salary 1 - 12 years exp. (4 salaries)	₹3.2 L/yr - ₹10.8 L/yr 38% less
Gallagher Manager Salary 8 - 13 years exp. (3 salaries)	₹12 L/yr - ₹14 L/yr 15% more

Manager salary at PNB MetLife ranges between ₹4.7 Lakhs to ₹15.5 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 35 latest salaries received from various employees of PNB MetLife.

Latest annual salaries shared by PNB MetLife Manager in Mumbai

2w ago

₹10.7 Lakhs

12 years exp.

2mo ago

₹11.5 Lakhs

11 years exp.

3mo ago

₹12 Lakhs

12 years exp.

3mo ago

₹8 Lakhs

12 years exp.

4mo ago

₹10 Lakhs

12 years exp.

7mo ago

14 years exp.

7mo ago

17 years exp.

9mo ago

10 years exp.

11mo ago

9 years exp.

1y ago

12 years exp.

Experience wise PNB MetLife Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
8 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
Login to view exact salary
9 years (4 salaries)	₹10.5 L/yr - ₹13.9 L/yr
10 years (7 salaries)	₹8.4 L/yr - ₹12 L/yr
11 years (4 salaries)	₹9.6 L/yr - ₹11.5 L/yr
12 years (6 salaries)	₹7.8 L/yr - ₹13.5 L/yr
13 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
14 years (3 salaries)	₹8.8 L/yr - ₹15 L/yr
15+ years (5 salaries)	₹9.3 L/yr - ₹15.5 L/yr

View all

From

Manager

₹

Lakhs/yr

7 - 17 years exp.

Associate General Manager

₹

Lakhs/yr

13 - 21 years exp.

Manager

7 - 17 years exp.

Senior Manager

6 - 16 years exp.

-7% hike

Chief Manager

6 - 16 years exp.

148% 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.

Similar Designation salaries in PNB MetLife

Deputy Manager Salary

(52 salaries)

₹4 L/yr - ₹12.58 L/yr

Top skills at PNB MetLife for Manager

Team Management Skills Bancassurance Transfer Pricing Data Entry Risk Assessment

Salary related reviews for PNB MetLife

3.9

Rated by 5 employees for salary & benefits

Associate Director in Gurgaon / Gurugram

Customer Success, Service & Operations Department

5.0

• posted on 26 May 2022

4.0

for Salary and Benefits

Likes

Enormous Opportunities to learn cross functional job roles and having faith in their employees

Salary - Good

+6 more

Dislikes

Wide range in Compensation structure at similar designations or job role create discontentment in employees

Executive Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 21 Mar 2025

2.0

for Salary and Benefits

Likes

Salary On Time

Dislikes

You Have To Work 7 days. upper Management Is Very bad They Talk With Juniors Like They Are Paying Salary With His Own Pocket They Want You To Work 24/7 All The Time And Forget Your Family And Personal Life. Only Politics Honest Person Not Able To Work Here

Salary - Poor

+6 more

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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PNB MetLife Manager Salary FAQs

What is the salary of Manager at PNB MetLife in Mumbai?

The average salary of a Manager at PNB MetLife in Mumbai typically ranges from ₹4.7 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Manager in Mumbai at PNB MetLife earn more than ₹13.9 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. 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 30+ PNB MetLife employees in India.

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

The estimated take-home salary of a Manager at PNB MetLife in Mumbai typically ranges from ₹80,779 to ₹82,884 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 7 years to 17 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 30+ 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 Manager at PNB MetLife in Mumbai?

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

- Team Management Skills
- Bancassurance
- Transfer Pricing
- Data Entry
- Risk Assessment

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 Manager in India?

Tata AIA Life Insurance	₹7.5 Lakhs to ₹29.1 Lakhs per year
Marsh	₹8.0 Lakhs to ₹25.0 Lakhs per year
Bajaj Allianz Life Insurance	₹8.5 Lakhs to ₹18.5 Lakhs per year
Gallagher	₹12.0 Lakhs to ₹14.0 Lakhs per year
SBI Life Insurance Company	₹5.5 Lakhs to ₹17.0 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 Manager in companies similar to PNB MetLife in Mumbai?

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

IndiaFirst Life Insurance	₹6.0 Lakhs to ₹16.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.0 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Health Insurance Co	₹5.0 Lakhs to ₹17.0 Lakhs per year
HDFC Life	₹4.0 Lakhs to ₹16.0 Lakhs per year
SBI General Insurance	₹6.5 Lakhs to ₹15.0 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 Manager at PNB MetLife in Mumbai?

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

Experience	Average Salary Range
7 years	₹9.9 Lakhs to ₹12.6 Lakhs per year
8 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
9 years	₹10.5 Lakhs to ₹13.9 Lakhs per year
10 years	₹8.4 Lakhs to ₹12.0 Lakhs per year

and so on.

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PNB MetLife Manager salary in Mumbai ranges between ₹4.7 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 PNB MetLife latest salaries received from various employees of PNB MetLife.