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Policyboss.com Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
4 - 13 years exp.
₹3.4 Lakhs - ₹6.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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42% less than the average Assistant Manager Salary in Insurance Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
4 - 6 years exp. (3 salaries)
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₹5.1 L/yr - ₹5.4 L/yr

Engineering - Software & QA
Assistant Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.4 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.6 L/yr

Finance & Accounting
Assistant Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Sales & Business Development
Assistant Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹6 L/yr

Last Updated: 24 Jan 2025

Companies similar to Policyboss.com for Assistant Manager in Mumbai

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Policyboss.com Assistant Manager Salary

4 - 13 years exp. (10 salaries)

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₹3.4 L/yr - ₹6.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹9.5 L/yr

arrow icon 17% more
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Medi Assist India Assistant Manager Salary

5 - 14 years exp. (88 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 31% more
2 job openings
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₹4.1 L/yr - ₹12.5 L/yr

arrow icon 75% more
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₹4.4 L/yr - ₹12.2 L/yr

arrow icon 62% more
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₹4 L/yr - ₹8 L/yr

arrow icon 25% more
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₹3.8 L/yr - ₹16.5 L/yr

arrow icon 90% more
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₹4 L/yr - ₹11.1 L/yr

arrow icon 50% more
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₹4.5 L/yr - ₹9 L/yr

arrow icon 37% more
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₹4.2 L/yr - ₹9 L/yr

arrow icon 26% more
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Aegon Life Insurance Assistant Manager Salary

4 - 15 years exp. (40 salaries)

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₹3.5 L/yr - ₹9.3 L/yr

arrow icon 24% more
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₹1.7 L/yr - ₹6.2 L/yr

arrow icon 20% less
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₹3.5 L/yr - ₹11.5 L/yr

arrow icon 69% more
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Marsh Assistant Manager Salary

0 - 6 years exp. (22 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 141% more
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Family Health Plan Assistant Manager Salary

5 - 10 years exp. (13 salaries)

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₹3 L/yr - ₹4.9 L/yr

arrow icon 14% less
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₹4.8 L/yr - ₹9.3 L/yr

arrow icon 38% more
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₹11 L/yr - ₹15.5 L/yr

arrow icon 154% more
Assistant Manager salary at Policyboss.com ranges between ₹3.4 Lakhs to ₹6.4 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 10 latest salaries received from various employees of Policyboss.com.

Latest annual salaries shared by Policyboss.com Assistant Manager in Mumbai

2mo ago
₹4.1 Lakhs
7 years exp.
1y ago
₹6 Lakhs
6 years exp.
1y ago
₹5 Lakhs
13 years exp.
1y ago
₹3.4 Lakhs
5 years exp.

Experience wise Policyboss.com Assistant Manager salaries in Mumbai

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
6 years  (4 salaries)

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₹1.9 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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

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₹4.3 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in Policyboss.com

Team Lead Salary
(24 salaries)
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₹2.2 L/yr - ₹4.61 L/yr
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₹1.7 L/yr - ₹5 L/yr
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₹1.15 L/yr - ₹2.6 L/yr
Deputy Manager Salary
(5 salaries)
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₹4.8 L/yr - ₹8 L/yr

Top skills at Policyboss.com for Assistant Manager

Team Coordination People Management Operations Management Team Management Bpo Operations

Salary related reviews for Policyboss.com

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 14 Jul 2024

3.0
 for  Salary and Benefits

Likes

If you are a field Relationship Manager and you have recruited some good POSPs for your monthly Targets you will not face any pressure and easily do work from home

read more

Dislikes

1. Their technical issue tarriable they provides Insta Pay feature for agent business. but in some cases from my side my agent faced too much issue on LCV they showed Commission but while payment deducted transaction failed than took 7 days to received the policy also payout for that policy not recieved properly. 2. In Other sources Agent doesn't have to pay any fees for getting certified for POSP in this company agent will have to pay onboarding fees of 999 or they will deducted 5,10 Rs from every policy they issues. 3. Their Upper level management team they ignores agent concerns . 4. There is also payout releted issues and this issue will be a challenge to achieve your monthly target. 5. Their portal has some issues like if you select vehicle with correct CC it will issued with different CC in some cases

read more
  • Skill development - Poor
  • +4 more

Other Department

1.0
  •  posted on 25 Sep 2021

1.0
 for  Salary and Benefits

Likes

Worst company ever I recently switched this company they guys can never give you proper salary .aur deduct ho bhi aur puchoge toh ultra sidhi chije bolege . t.l manager sirf na am ke h . They guys can never support you team me bhi negativity ha itni . Sbse Worst company h grib yha pr agents bhi sb preshaan h derives se 2 floor ki ye company ek for par aagye kyuki inke pass shifting ke bhi pese the mujhe abhi pta chal ra h Mera fnf ND salary isliye kaati hogi . Iss company me jesa Kiya ha mere sath MN toh bhot legal case krdu. Bhot bekaar company h guys join Mt krna.

read more

Dislikes

Management is 3rd class .

  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 09 Jul 2023

1.0
 for  Salary and Benefits

Likes

Worst company ever .Management is not good fraud. Never recommended for others They are not providing salary to their employee after the business completed .full one month employee come to office daily and company not give salary. unprofessional specially managers don't have Manners,how to talk to ladies.Adil Khan and Hasan baig dont have leader quality they don't have Manners worst people ever.First team leader forces to update fake business, later executive gets fired without salary job And when the executive speaks to the above manager, then Pankaj sir speaks in the wrong language by speaking from their side.

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Dislikes

Worst company ever .Management is not good fraud. Never recommended for others They are not providing salary to their employee after the business completed .full one month employee come to office daily and company not give salary. unprofessional specially managers don't have Manners,how to talk to ladies.Adil Khan and Hasan baig dont have leader quality they don't have Manners worst people ever.First team leader forces to update fake business, later executive gets fired without salary job And when the executive speaks to the above manager, then Pankaj sir speaks in the wrong language by speaking from their side.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 09 Mar 2023

1.0
 for  Salary and Benefits

Likes

Nothing is good, all works are no time limits and salary exploitation. It's a total hell- hole.

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Dislikes

Poor staff members, pathetic and rude management, untrustworthy managers, untrustworthy and rude HR manager, poor quality service, obnoxious, degrading and ruthless service, poor working conditions, staffs are obnoxious towards employees and customers, no communication services, poor communication skills, no empathy people, no sympathy, no kindness, no honesty, just fooling employees and customers. So be careful customers it is a total spam and scam company. Thanks.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 09 Mar 2023

1.0
 for  Salary and Benefits

Likes

Nothing is good about working here. It is a hell-hole.

Dislikes

... Anil Mehta leads the way in demonstrating exactly how an HR person must not be. Dishonest dealings done with own employees, promising one figure in salary and compensation, and actually giving a totally different figure on paper, and taking undue advantage of the people wanting vital working experience. These people are frauds and cheats of the first order.

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

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Policyboss.com Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Policyboss.com in Mumbai?
The average salary of a Assistant Manager at Policyboss.com in Mumbai typically ranges from ₹3.4 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Assistant Manager in Mumbai at Policyboss.com earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Assistant Manager Salaries at Policyboss.com 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 10 Policyboss.com employees in India.
What is the estimated take home salary of a Assistant Manager at Policyboss.com in Mumbai?
The estimated take-home salary of a Assistant Manager at Policyboss.com in Mumbai typically ranges from ₹36,162 to ₹37,385 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 4 years to 13 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 10 salaries received from various employees of Policyboss.com. 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 Policyboss.com in Mumbai?
To be a Assistant Manager at Policyboss.com in Mumbai, the key skills required include:

  • - Team Coordination
  • - People Management
  • - Operations Management
  • - Team Management
  • - Bpo Operations

These skills are highly valued at Policyboss.com and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Policyboss.com for Assistant Manager in India?
Royal Sundaram General Insurance ₹11.0 Lakhs to ₹15.5 Lakhs per year
Marsh ₹6.0 Lakhs to ₹19.0 Lakhs per year
Ageas Federal Life Insurance ₹3.8 Lakhs to ₹16.5 Lakhs per year
Future Generali India Life Insurance ₹4.1 Lakhs to ₹12.5 Lakhs per year
Bharti AXA Life Insurance ₹3.5 Lakhs to ₹11.5 Lakhs per year

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

ManipalCigna Health Insurance ₹4.4 Lakhs to ₹12.2 Lakhs per year
Edelweiss Life Insurance ₹4.0 Lakhs to ₹11.1 Lakhs per year
CignaTTk Health Insurance ₹4.8 Lakhs to ₹9.3 Lakhs per year
Universal Sompo General Insurance ₹4.5 Lakhs to ₹9.0 Lakhs per year
Medi Assist India ₹3.5 Lakhs to ₹8.0 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 Assistant Manager at Policyboss.com in Mumbai?
The salary growth for a Assistant Manager at Policyboss.com in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Policyboss.com:

Experience Average Salary Range
4 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
5 years ₹4.2 Lakhs to ₹5.4 Lakhs per year
6 years ₹1.9 Lakhs to ₹6.0 Lakhs per year
7 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
and so on.

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Policyboss.com Assistant Manager salary in Mumbai ranges between ₹3.4 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Policyboss.com latest salaries received from various employees of Policyboss.com.