RenewBuy Insurance Manager Salaries by 6 Employees (Updated 2025)

0 - 8 years exp.

₹2.5 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Insurance Manager Salary in Internet Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
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Consulting Insurance Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 29 Dec 2024

Companies similar to RenewBuy for Insurance Manager

Company name	Avg Annual Salary	Open Jobs
PolicyBazaar Insurance Manager Salary 5 - 14 years exp. (5 salaries)	₹3.9 L/yr - ₹5 L/yr 43% more
Turtlemint Insurance Manager Salary 4 - 13 years exp. (6 salaries)	₹3.1 L/yr - ₹6.3 L/yr 79% more
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Reliance General Insurance Insurance Manager Salary 0 - 17 years exp. (6 salaries)	₹3 L/yr - ₹5.1 L/yr 45% more
ICICI Lombard General Insurance Company Insurance Manager Salary 3 - 13 years exp. (14 salaries)	₹2.4 L/yr - ₹8 L/yr 46% more
Bajaj Allianz General Insurance Insurance Manager Salary 0 - 4 years exp. (6 salaries)	₹2.5 L/yr - ₹4.6 L/yr 41% more
HDFC Ergo General Insurance Insurance Manager Salary 5 - 11 years exp. (8 salaries)	₹4 L/yr - ₹9.4 L/yr 103% more
Future Generali India Life Insurance Insurance Manager Salary 1 - 10 years exp. (54 salaries)	₹1 L/yr - ₹6 L/yr 24% more

Insurance Manager salary at RenewBuy ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 6 latest salaries received from various employees of RenewBuy.

Experience wise RenewBuy Insurance Manager salaries

Last Updated: 29 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.3 L/yr

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Similar Designation salaries in RenewBuy

Branch Manager Salary

(5 salaries)

₹3 L/yr - ₹10.82 L/yr

Area Manager Salary

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₹6 L/yr - ₹10 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Sales Manager Salary

(132 salaries)

₹2.3 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

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₹6 L/yr - ₹10.48 L/yr

Territory Manager Salary

(21 salaries)

₹5.5 L/yr - ₹7.8 L/yr

Relationship Manager Salary

(145 salaries)

₹1.8 L/yr - ₹5 L/yr

Territory Sales Manager Salary

(33 salaries)

₹4.2 L/yr - ₹7.3 L/yr

Sales Officer Salary

(4 salaries)

₹2.8 L/yr - ₹4 L/yr

Team Lead Salary

(32 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Salary related reviews for RenewBuy

Rated by 1 employees for salary & benefits

Business Development Manager in Karimnagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Oct 2024

5.0

for Salary and Benefits

Likes

Salary - Excellent

Dislikes

No proper response from Branch managers there is no proper guidance to Agents has i have taken agent code from my brothers name i have no proper response from renewbuy hr policies are worst to employees hr will only listen branch manager words

Skill development - Bad

+5 more

Area Sales Manager in Chennai

Marketing Department

4.0

• posted on 23 Apr 2021

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

Nothing

Chief Claims Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Jul 2024

1.0

for Salary and Benefits

Likes

To be honest there is not much to like about RenewBuy.

Dislikes

They do not stand on their commitments when it comes to salary and variable pay. Transfer to other locations without change in salary is also something which is done here. Promotion without any increment. Toxic work culture.

Salary - Bad

+5 more

Operations Executive in Lucknow

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Everything no work culture 24*7 working seniors are always dominated their juniors no salary hike if you any need then you join this company otherwise ignore some employees are very disgusting there behaviour was terrible.

Salary - Bad

+6 more

Assistant Manager in Hyderabad / Secunderabad

Full Time

Teaching & Training Department

1.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

Carrier growth opportunities like promotions, Salary hike, Appraisal, monthly incentives, Quarterly incentives, Annual incentives and sooo on there are so many opportunities

Salary - Good

+2 more

Dislikes

In any organisation 1st 100days should be learning state,but in my case it wasn't happen and people are least bothered about and judging on my skills

Skill development - Bad

+1 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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RenewBuy Insurance Manager Salary FAQs

What is the salary of Insurance Manager at RenewBuy?

Insurance Manager salary at RenewBuy in India ranges between ₹2.5 Lakhs to ₹3.2 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 27% less than the average Insurance Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of RenewBuy India.

How does the salary of a Insurance Manager at RenewBuy India compare with the average salary range for this job?

The average salary of a Insurance Manager at RenewBuy is 27% less than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than RenewBuy to a Insurance Manager in India?

HDFC Ergo General Insurance Insurance Manager Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
Turtlemint Insurance Manager Salary - ₹3.1 Lakhs to ₹6.3 Lakhs per year
ICICI Lombard General Insurance Company Insurance Manager Salary - ₹2.4 Lakhs to ₹8.0 Lakhs per year
Reliance General Insurance Insurance Manager Salary - ₹3.0 Lakhs to ₹5.1 Lakhs per year
PolicyBazaar Insurance Manager Salary - ₹3.9 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Insurance Manager in companies similar to RenewBuy in India?

Bajaj Allianz General Insurance Insurance Manager Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
Future Generali India Life Insurance Insurance Manager Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Insurance Manager at RenewBuy ranges between ₹20,976 per month to ₹22,625 per month in India. The take-home salary calculation is based on the average RenewBuy Insurance Manager salary in India which ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Insurance Manager at RenewBuy?

According to AmbitionBox, 60% of the RenewBuy Insurance Managers reported a notice period of 1 Month, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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RenewBuy Insurance Manager Salaries

RenewBuy Insurance Manager salary in India ranges between ₹2.5 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 RenewBuy latest salaries received from various employees of RenewBuy.