Raheja Qbe General Insurance Mumbai Deputy Manager Salaries by 10+ Employees

2 - 11 years exp.

₹5.3 Lakhs - ₹9.7 Lakhs

Salary of majority employees

14% less than the average Deputy Manager Salary in Insurance Companies for 2 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 7 - 11 years exp. (5 salaries)	₹6.1 L/yr - ₹9.7 L/yr
Customer Success, Service & Operations Deputy Manager Salary 5 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr
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Finance & Accounting Deputy Manager Salary 9 - 10 years exp. (3 salaries)	₹5.3 L/yr - ₹8.3 L/yr
Legal & Regulatory Deputy Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.2 L/yr

Last Updated: 9 Feb 2024

Companies similar to Raheja Qbe General Insurance for Deputy Manager in Mumbai

Raheja Qbe General Insurance Deputy Manager Salary

2 - 11 years exp. (14 salaries)

₹5.3 L/yr - ₹9.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Deputy Manager Salary 0 - 15 years exp. (477 salaries)	₹3.5 L/yr - ₹12.5 L/yr 8% more
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 10 years exp. (435 salaries)	₹2.3 L/yr - ₹5.7 L/yr 45% less
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HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (259 salaries)	₹3.5 L/yr - ₹10.3 L/yr 19% less
Tata AIG Deputy Manager Salary 2 - 9 years exp. (226 salaries)	₹2.6 L/yr - ₹8.6 L/yr 41% less	2 job openings
Future Generali India Life Insurance Deputy Manager Salary 4 - 16 years exp. (150 salaries)	₹4.3 L/yr - ₹14.7 L/yr 29% more	2 job openings
Aditya Birla Health Insurance Co Deputy Manager Salary 2 - 11 years exp. (146 salaries)	₹4.2 L/yr - ₹12.6 L/yr 6% more
Aditya Birla Sun Life Insurance Deputy Manager Salary 2 - 10 years exp. (69 salaries)	₹3.2 L/yr - ₹9 L/yr 11% less
Axis Max Life Insurance Deputy Manager Salary 0 - 13 years exp. (68 salaries)	₹3.2 L/yr - ₹7.7 L/yr 27% less	22 job openings
Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 15 years exp. (67 salaries)	₹5 L/yr - ₹16.5 L/yr 39% more
Star Union Dai-ichi Life Insurance Deputy Manager Salary 0 - 13 years exp. (58 salaries)	₹4.8 L/yr - ₹11 L/yr 24% more
Reliance Nippon Life Insurance Deputy Manager Salary 1 - 17 years exp. (53 salaries)	₹3.7 L/yr - ₹14.4 L/yr 16% more
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PNB MetLife Deputy Manager Salary 4 - 16 years exp. (51 salaries)	₹4 L/yr - ₹12.6 L/yr 17% more
Reliance General Insurance Deputy Manager Salary 1 - 9 years exp. (37 salaries)	₹3.2 L/yr - ₹6 L/yr 38% less
SBI General Insurance Deputy Manager Salary 4 - 11 years exp. (28 salaries)	₹4.3 L/yr - ₹10.6 L/yr 23% less
Star Health & Allied Insurance Deputy Manager Salary 3 - 13 years exp. (13 salaries)	₹4.8 L/yr - ₹7 L/yr 12% less
Cholamandalam MS General Insurance Deputy Manager Salary 1 - 11 years exp. (10 salaries)	₹5.6 L/yr - ₹11 L/yr 13% more
ICICI Prudential Life Insurance Deputy Manager Salary 1 - 7 years exp. (9 salaries)	₹3.8 L/yr - ₹8 L/yr 27% less
ICICI Lombard General Insurance Company Deputy Manager Salary 5 - 13 years exp. (9 salaries)	₹4.7 L/yr - ₹11 L/yr 2% less
Bajaj Allianz General Insurance Deputy Manager Salary 5 - 14 years exp. (8 salaries)	₹9.5 L/yr - ₹14 L/yr 70% more	3 job openings
SBI Life Insurance Company Deputy Manager Salary 2 - 15 years exp. (7 salaries)	₹4.5 L/yr - ₹10 L/yr 7% less

View all

Deputy Manager salary at Raheja Qbe General Insurance ranges between ₹5.3 Lakhs to ₹9.7 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 14 latest salaries received from various employees of Raheja Qbe General Insurance.

Experience wise Raheja Qbe General Insurance Deputy Manager salaries in Mumbai

Last Updated: 9 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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4 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
5 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
6 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
8 years (3 salaries)	₹6.1 L/yr - ₹9.7 L/yr
9 years (3 salaries)	₹3 L/yr - ₹9.7 L/yr
10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr

View all

Similar Designation salaries in Raheja Qbe General Insurance

Operations Executive Salary

(6 salaries)

₹2.3 L/yr - ₹3 L/yr

Operations Manager Salary

(4 salaries)

₹6.5 L/yr - ₹11 L/yr

Cluster Manager Salary

(3 salaries)

₹9.2 L/yr - ₹9.5 L/yr

Salary related reviews for Raheja Qbe General Insurance

3.0

Rated by 1 employees for salary & benefits

Sales Associate in Solan

Full Time

Sales & Business Development Department

4.0

• posted on 21 Mar 2025

3.0

for Salary and Benefits

Likes

I enjoy working at Raheja Qbe general insurance because it provides me to build a strong network and contributes to the company growth. The role allows me to develop my sales and leadership skill while helping people securing their financial future through insurance.

Job security - Good

+2 more

Dislikes

There are few challenges in working at Raheja Qbe. Since the company is still new, building brand recognition and convincing agents to join can be difficult. Recruiting the right agents and ensuring consistent business generation also required significant efforts and persistence. Additional, as with a sales driven role, meeting targets and handling client objections can be stressful at times. However, theses challenges also present opportunities for growth and learning

Zonal Head in Noida

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 15 May 2023

1.0

for Salary and Benefits

Likes

Pathetic experience and no clarity of goals. Top management is always busy in dirty politics.

Dislikes

Pathetic experience, work culture and job security. Zero clarity on goals and big communication gap among top management staffs.

Salary - Bad

+6 more

Regional Head - Motor, Agency, Retail Broking (AP & Telangana) in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 30 Sep 2024

5.0

for Salary and Benefits

Likes

Initially they have given all the support for business later on decided to stop

Salary - Excellent

+1 more

Dislikes

No job security. Most of the employees were asked to resign with 3 months salary or notice period. Company is not ready to infuse working capital for day to day business. No long term plans.

Job security - Bad

+1 more

IT Chief Manager in Mumbai

Full Time

IT & Information Security Department

1.0

• posted on 11 Sep 2023

3.0

for Salary and Benefits

Likes

Company fosters a collaborative. The team is supportive and upper management is approachable.

Work-life balance - Good

Dislikes

One significant concern at company is the lack of job security. There were mass layoffs and restructuring.This made it challenging to plan for the future and impacted morale.Job seekers to be aware of the potential risks associated with Raheja QBE.

Job security - Bad

+1 more

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Raheja Qbe General Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Raheja Qbe General Insurance in Mumbai?

The average salary of a Deputy Manager at Raheja Qbe General Insurance in Mumbai typically ranges from ₹5.3 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Deputy Manager in Mumbai at Raheja Qbe General Insurance earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹9.7 Lakhs per year. Deputy Manager Salaries at Raheja Qbe General Insurance 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+ Raheja Qbe General Insurance employees in India.

What is the estimated take home salary of a Deputy Manager at Raheja Qbe General Insurance in Mumbai?

The estimated take-home salary of a Deputy Manager at Raheja Qbe General Insurance in Mumbai typically ranges from ₹54,983 to ₹56,358 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 2 years to 11 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 Raheja Qbe General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Raheja Qbe General Insurance for Deputy Manager in India?

Bajaj Allianz General Insurance	₹9.5 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz Life Insurance	₹5.0 Lakhs to ₹16.5 Lakhs per year
Future Generali India Life Insurance	₹4.3 Lakhs to ₹14.7 Lakhs per year
Star Union Dai-ichi Life Insurance	₹4.8 Lakhs to ₹11.0 Lakhs per year
Canara HSBC Life Insurance	₹6.4 Lakhs to ₹9.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Raheja Qbe General Insurance, depending on the role and experience level.

What is the salary of a Deputy Manager in companies similar to Raheja Qbe General Insurance in Mumbai?

The salary of a Deputy Manager at companies similar to Raheja Qbe General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PNB MetLife	₹4.0 Lakhs to ₹12.6 Lakhs per year
Reliance Nippon Life Insurance	₹3.7 Lakhs to ₹14.4 Lakhs per year
Cholamandalam MS General Insurance	₹5.6 Lakhs to ₹11.0 Lakhs per year
HDFC Life	₹3.5 Lakhs to ₹12.5 Lakhs per year
Aditya Birla Health Insurance Co	₹4.2 Lakhs to ₹12.6 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 Deputy Manager at Raheja Qbe General Insurance in Mumbai?

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

Experience	Average Salary Range
2 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
3 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
4 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
5 years	₹6.6 Lakhs to ₹8.4 Lakhs per year

and so on.

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Raheja Qbe General Insurance Deputy Manager Salaries in Mumbai

Raheja Qbe General Insurance Deputy Manager salary in Mumbai ranges between ₹5.3 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Raheja Qbe General Insurance latest salaries received from various employees of Raheja Qbe General Insurance.