Robinhood Insurance Broker Mumbai Area Manager Salaries by 6 Employees

8 - 18 years exp.

₹6.6 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Area Manager Salary in Insurance Companies for 8 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 12 - 18 years exp. (4 salaries)	₹9.5 L/yr - ₹15 L/yr
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Sales & Business Development Area Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹11.1 L/yr

Last Updated: 13 Dec 2024

Companies similar to Robinhood Insurance Broker for Area Manager in Mumbai

Robinhood Insurance Broker Area Manager Salary

8 - 18 years exp. (6 salaries)

₹6.6 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (31 salaries)	₹5.3 L/yr - ₹9 L/yr 29% less
Tata AIA Life Insurance Area Manager Salary 6 - 16 years exp. (20 salaries)	₹6 L/yr - ₹17.7 L/yr 25% more	1 job opening
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SBI Life Insurance Company Area Manager Salary 6 - 17 years exp. (15 salaries)	₹7.5 L/yr - ₹14.2 L/yr At par
Niva Bupa Health Insurance Company Area Manager Salary 10 - 17 years exp. (12 salaries)	₹8 L/yr - ₹15 L/yr 13% more
Bajaj Allianz Life Insurance Area Manager Salary 7 - 13 years exp. (11 salaries)	₹5 L/yr - ₹13 L/yr At par
Reliance Nippon Life Insurance Area Manager Salary 11 - 17 years exp. (6 salaries)	₹11 L/yr - ₹17 L/yr 48% more
Future Generali India Life Insurance Area Manager Salary 13 - 18 years exp. (5 salaries)	₹15.5 L/yr - ₹16.8 L/yr 64% more	2 job openings
Reliance General Insurance Area Manager Salary 10 - 18 years exp. (4 salaries)	₹7.6 L/yr - ₹21 L/yr 43% more
Aditya Birla Health Insurance Co Area Manager Salary 10 - 13 years exp. (3 salaries)	₹10.3 L/yr - ₹13.5 L/yr 28% more

Area Manager salary at Robinhood Insurance Broker ranges between ₹6.6 Lakhs to ₹15 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Robinhood Insurance Broker.

Experience wise Robinhood Insurance Broker Area Manager salaries in Mumbai

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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10 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
11 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.6 L/yr
14 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
15+ years (3 salaries)	₹9.5 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Robinhood Insurance Broker

Branch Manager Salary

(6 salaries)

₹5 L/yr - ₹9.25 L/yr

Team Lead Salary

(3 salaries)

₹2.7 L/yr - ₹4 L/yr

Salary related reviews for Robinhood Insurance Broker

Branch Manager in Raipur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Third class company never suggested any one to work here.

Dislikes

They are giving salary in proper time to employees.. payout not give to agent six months pending. Also when you leave job not giving reliving letter.

Salary - Bad

+6 more

Senior MIS Executive in New Delhi

Full Time

Data Science & Analytics Department

5.0

• posted on 18 Jul 2022

3.0

for Salary and Benefits

Likes

...ents are very supportive. It's like a family company. Everyone helps each other. Good salary package, Enjoyed and Learnt a lot with guidance of Abhishek Boss and Pawan sir....

Skill development - Excellent

+5 more

Dislikes

Nathing

MIS Executive in Mumbai

MIS Team Department

2.0

• posted on 17 Aug 2020

2.0

for Salary and Benefits

Likes

Not at all till now

Company culture - Good

Dislikes

...m before Once you cracked an interview, you'll get Offer Letter by Third Party And No Compensation, No Benefit, No Insurance, or etc to their employees

Salary - Poor

+5 more

Marketing Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 15 Nov 2023

2.0

for Salary and Benefits

Likes

Company is good no Doubt

Dislikes

Company is Good no Doubts but there management is too horrible And TL's was to horrible they where using bad words , toucher, and spoil your personal life as a well as official life specially (Narendra , Neeraj )

Salary - Poor

+6 more

Executive Assistant in Mumbai

Full Time

administration Department

1.0

• posted on 21 May 2018

1.0

for Salary and Benefits

Likes

nothing.. pathetic organisatias on . where they make their employees play cricket with their kids.also ask employees to complete their kids homework

Dislikes

very manupulative ceo and director.. no ethics at all.they bring their housework to office.even the BU Heads are made to complete their house vastu work

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Robinhood Insurance Broker Area Manager Salary FAQs

What is the salary of Area Manager at Robinhood Insurance Broker in Mumbai?

The average salary of a Area Manager at Robinhood Insurance Broker in Mumbai typically ranges from ₹6.6 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 8 years to 18 years).

The top 10% of Area Manager in Mumbai at Robinhood Insurance Broker earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Area Manager Salaries at Robinhood Insurance Broker 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 6 Robinhood Insurance Broker employees in India.

What is the estimated take home salary of a Area Manager at Robinhood Insurance Broker in Mumbai?

The estimated take-home salary of a Area Manager at Robinhood Insurance Broker in Mumbai typically ranges from ₹71,697 to ₹73,545 per month. This is based on the average salary range of ₹6.6 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 8 years to 18 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 6 salaries received from various employees of Robinhood Insurance Broker. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Robinhood Insurance Broker for Area Manager in India?

Future Generali India Life Insurance	₹15.5 Lakhs to ₹16.8 Lakhs per year
Reliance Nippon Life Insurance	₹11.0 Lakhs to ₹17.0 Lakhs per year
Reliance General Insurance	₹7.6 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Health Insurance Co	₹10.3 Lakhs to ₹13.5 Lakhs per year
Tata AIA Life Insurance	₹6.0 Lakhs to ₹17.7 Lakhs per year

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

What is the salary of a Area Manager in companies similar to Robinhood Insurance Broker in Mumbai?

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

Niva Bupa Health Insurance Company	₹8.0 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company	₹7.5 Lakhs to ₹14.2 Lakhs per year
Bajaj Allianz Life Insurance	₹5.0 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.3 Lakhs to ₹9.0 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 Area Manager at Robinhood Insurance Broker in Mumbai?

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

Experience	Average Salary Range
8 years	₹7.9 Lakhs to ₹10.1 Lakhs per year
9 years	₹8.1 Lakhs to ₹10.4 Lakhs per year
10 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
11 years	₹8.6 Lakhs to ₹11.0 Lakhs per year

and so on.

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Robinhood Insurance Broker Area Manager Salaries in Mumbai

Robinhood Insurance Broker Area Manager salary in Mumbai ranges between ₹6.6 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Robinhood Insurance Broker latest salaries received from various employees of Robinhood Insurance Broker.