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Raheja Qbe General Insurance Manager salaries in Mumbai

Annual salary range
9 - 15 years exp.
₹8 Lakhs - ₹14.8 Lakhs
Salary of majority employees
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33% less than the average Manager Salary in Insurance Companies for 9 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
9 - 12 years exp. (6 salaries)
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₹8 L/yr - ₹11 L/yr

Finance & Accounting
Manager Salary
14 - 15 years exp. (3 salaries)
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₹10.5 L/yr - ₹14.8 L/yr

Customer Success, Service & Operations
Manager Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹9.6 L/yr - ₹11.2 L/yr

Last Updated: 10 Aug 2023

Companies similar to Raheja Qbe General Insurance for Manager in Mumbai

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Raheja Qbe General Insurance Manager Salary

9 - 15 years exp. (11 salaries)

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₹8 L/yr - ₹14.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Manager Salary

2 - 16 years exp. (279 salaries)

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₹6 L/yr - ₹16 L/yr

arrow icon 12% less
1 job opening
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Kotak Mahindara Life Insurance Manager Salary

0 - 12 years exp. (238 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 50% less
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Tata AIG Manager Salary

1 - 11 years exp. (216 salaries)

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₹3.8 L/yr - ₹11 L/yr

arrow icon 37% less
6 job openings
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ICICI Prudential Life Insurance Manager Salary

1 - 13 years exp. (182 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 26% less
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Tata AIA Life Insurance Manager Salary

3 - 18 years exp. (152 salaries)

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₹6.7 L/yr - ₹29.1 L/yr

arrow icon 50% more
2 job openings
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SBI Life Insurance Company Manager Salary

3 - 20 years exp. (150 salaries)

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₹5.5 L/yr - ₹17 L/yr

arrow icon 1% less
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HDFC Ergo General Insurance Manager Salary

4 - 16 years exp. (145 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 9% less
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Aditya Birla Health Insurance Co Manager Salary

1 - 12 years exp. (135 salaries)

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₹5 L/yr - ₹17 L/yr

arrow icon 6% less
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₹3.5 L/yr - ₹12.1 L/yr

arrow icon 35% less
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Aditya Birla Sun Life Insurance Manager Salary

0 - 12 years exp. (108 salaries)

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₹5 L/yr - ₹18 L/yr

arrow icon 1% more
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₹6.2 L/yr - ₹19 L/yr

arrow icon 29% more
2 job openings
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Reliance General Insurance Manager Salary

2 - 16 years exp. (75 salaries)

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₹5 L/yr - ₹14.6 L/yr

arrow icon 25% less
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Bharti AXA Life Insurance Manager Salary

3 - 16 years exp. (68 salaries)

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₹6.5 L/yr - ₹18 L/yr

arrow icon 15% more
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Reliance Nippon Life Insurance Manager Salary

2 - 18 years exp. (65 salaries)

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₹3.2 L/yr - ₹11.8 L/yr

arrow icon 35% less
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Bajaj Allianz Life Insurance Manager Salary

3 - 18 years exp. (40 salaries)

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₹8.5 L/yr - ₹18.5 L/yr

arrow icon 20% more
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₹6.3 L/yr - ₹18.7 L/yr

arrow icon 16% more
1 job opening
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SBI General Insurance Manager Salary

1 - 11 years exp. (35 salaries)

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₹6.5 L/yr - ₹15 L/yr

arrow icon 22% less
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PNB MetLife Manager Salary

7 - 17 years exp. (35 salaries)

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₹4.7 L/yr - ₹15.5 L/yr

arrow icon 3% more
1 job opening
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Medi Assist India Manager Salary

7 - 16 years exp. (28 salaries)

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₹5 L/yr - ₹12.7 L/yr

arrow icon 18% less
3 job openings
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Axis Max Life Insurance Manager Salary

4 - 16 years exp. (23 salaries)

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₹4 L/yr - ₹12.8 L/yr

arrow icon 28% less
5 job openings
View all
Manager salary at Raheja Qbe General Insurance ranges between ₹8 Lakhs to ₹14.8 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 11 latest salaries received from various employees of Raheja Qbe General Insurance.

Latest annual salaries shared by Raheja Qbe General Insurance Manager in Mumbai

1y ago
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11 years exp.
1y ago
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15 years exp.
1y ago
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10 years exp.
1y ago
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14 years exp.

Experience wise Raheja Qbe General Insurance Manager salaries in Mumbai

Last Updated: 10 Aug 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹9.8 L/yr - ₹12.6 L/yr
10 years  (4 salaries)

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₹8 L/yr - ₹19.8 L/yr
11 years (AmbitionBox Estimate)

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₹10 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)

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₹10 L/yr - ₹12.8 L/yr
13 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
View all

Similar Designation salaries in Raheja Qbe General Insurance

Deputy Manager Salary
(14 salaries)
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₹5.3 L/yr - ₹9.68 L/yr
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₹8.5 L/yr - ₹14 L/yr
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₹6.5 L/yr - ₹7.7 L/yr
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₹9 L/yr - ₹14 L/yr

Salary related reviews for Raheja Qbe General Insurance

4.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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

read more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Job security - Bad
  • +1 more

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.

read more
  • Job security - Bad
  • +1 more
see more salary related reviews

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Raheja Qbe General Insurance Manager Salary FAQs

What is the salary of Manager at Raheja Qbe General Insurance in Mumbai?
The average salary of a Manager at Raheja Qbe General Insurance in Mumbai typically ranges from ₹8.0 Lakhs to ₹14.8 Lakhs per year, depending on experience (from 9 years to 15 years).

The top 10% of Manager in Mumbai at Raheja Qbe General Insurance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.8 Lakhs per year. 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 Manager at Raheja Qbe General Insurance in Mumbai?
The estimated take-home salary of a Manager at Raheja Qbe General Insurance in Mumbai typically ranges from ₹78,774 to ₹80,822 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹14.8 Lakhs per year for employees with experience ranging from 9 years to 15 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 Manager in India?
Tata AIA Life Insurance ₹6.7 Lakhs to ₹29.1 Lakhs per year
Bajaj Allianz General Insurance ₹11.8 Lakhs to ₹21.0 Lakhs per year
Future Generali India Life Insurance ₹6.2 Lakhs to ₹19.0 Lakhs per year
Bajaj Allianz Life Insurance ₹8.5 Lakhs to ₹18.5 Lakhs per year
Canara HSBC Life Insurance ₹10.0 Lakhs to ₹16.1 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 Manager in companies similar to Raheja Qbe General Insurance in Mumbai?
The salary of a 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:

Star Union Dai-ichi Life Insurance ₹6.3 Lakhs to ₹18.7 Lakhs per year
Bharti AXA Life Insurance ₹6.5 Lakhs to ₹18.0 Lakhs per year
Gallagher ₹12.0 Lakhs to ₹14.0 Lakhs per year
PNB MetLife ₹4.7 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹5.0 Lakhs to ₹18.0 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 Raheja Qbe General Insurance in Mumbai?
The salary growth for a Manager at Raheja Qbe General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Raheja Qbe General Insurance:

Experience Average Salary Range
9 years ₹9.8 Lakhs to ₹12.6 Lakhs per year
10 years ₹8.0 Lakhs to ₹19.8 Lakhs per year
11 years ₹10.0 Lakhs to ₹12.7 Lakhs per year
12 years ₹10.0 Lakhs to ₹12.8 Lakhs per year
and so on.

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Raheja Qbe General Insurance Manager salary in Mumbai ranges between ₹8 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Raheja Qbe General Insurance latest salaries received from various employees of Raheja Qbe General Insurance.