Salasar Services Insurance Brokers Senior Manager Salaries by 5 Employees

9 - 18 years exp.

₹10 Lakhs - ₹14.2 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

46% less than the average Senior Manager Salary in Insurance Companies for 9 - 18 years of experience

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Last Updated: 14 Oct 2024

Companies similar to Salasar Services Insurance Brokers for Senior Manager

Company name	Avg Annual Salary	Open Jobs
Prudent Insurance Brokers Senior Manager Salary 5 - 17 years exp. (41 salaries)	₹7.5 L/yr - ₹23.9 L/yr 23% more
Alliance Insurance Brokers Senior Manager Salary 6 - 16 years exp. (24 salaries)	₹9 L/yr - ₹15 L/yr 1% less
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Aditya Birla Insurance Brokers Senior Manager Salary 5 - 20 years exp. (20 salaries)	₹9.4 L/yr - ₹16.2 L/yr 4% more
SecureNow Insurance Broker Senior Manager Salary 4 - 15 years exp. (15 salaries)	₹7 L/yr - ₹9.2 L/yr 33% less	1 job opening
Health India Tpa Services Senior Manager Salary 6 - 17 years exp. (9 salaries)	₹6 L/yr - ₹14 L/yr 20% less
Vidal Health Tpa Senior Manager Salary 8 - 17 years exp. (7 salaries)	₹11.7 L/yr - ₹22 L/yr 34% more
Futurisk Insurance Broking Senior Manager Salary 8 - 14 years exp. (7 salaries)	₹9.2 L/yr - ₹13 L/yr 6% less
Unison Insurance Broking Services Senior Manager Salary 7 - 19 years exp. (7 salaries)	₹5.8 L/yr - ₹12 L/yr 36% less
Coverfox Senior Manager Salary 5 - 7 years exp. (5 salaries)	₹12 L/yr - ₹23 L/yr 69% more
Robinhood Insurance Broker Senior Manager Salary 6 - 16 years exp. (5 salaries)	₹3.6 L/yr - ₹15 L/yr 21% less
Europ Assistance India Senior Manager Salary 10 - 13 years exp. (4 salaries)	₹8 L/yr - ₹9.2 L/yr 22% less
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Ideal Insurance Brokers Senior Manager Salary 4 - 18 years exp. (4 salaries)	₹6 L/yr - ₹10.5 L/yr 31% less
Medsave Healthcare TPA Senior Manager Salary 5 - 11 years exp. (4 salaries)	₹6 L/yr - ₹8.7 L/yr 36% less
Docland Senior Manager Salary 2 - 4 years exp. (4 salaries)	₹3.8 L/yr - ₹5 L/yr 61% less
Health Insurance TPA of India Senior Manager Salary 7 - 12 years exp. (3 salaries)	₹10 L/yr - ₹11.3 L/yr 11% less

Senior Manager salary at Salasar Services Insurance Brokers ranges between ₹10 Lakhs to ₹14.2 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Salasar Services Insurance Brokers.

Experience wise Salasar Services Insurance Brokers Senior Manager salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹14.2 L/yr
10 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
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11 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
12 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
13 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
14 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
15+ years (4 salaries)	₹10 L/yr - ₹11.8 L/yr

View all

Similar Designation salaries in Salasar Services Insurance Brokers

Deputy Manager Salary

(6 salaries)

₹8 L/yr - ₹11.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Area Manager Salary

(3 salaries)

₹4.2 L/yr - ₹9.3 L/yr

Area Sales Manager Salary

(4 salaries)

₹4.5 L/yr - ₹6.8 L/yr

Relationship Manager Salary

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₹2.6 L/yr - ₹3.91 L/yr

Territory Sales Manager Salary

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₹4 L/yr - ₹5.4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Business Development Manager Salary

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₹2.52 L/yr - ₹11.05 L/yr

Top skills at Salasar Services Insurance Brokers for Senior Manager

Underwriting Claims Insurance client servicing Strategic Marketing

Salary related reviews for Salasar Services Insurance Brokers

3.0

Rated by 1 employees for salary & benefits

Senior Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 08 May 2024

3.0

for Salary and Benefits

Likes

The company is good in terms of enhancing the knowledge in terms of insurance and market, and also the work culture is great to work for as it helps to maintain work life balance

Skill development - Good

+3 more

Dislikes

The payroll cycle should be 30th or 31st of every month, and not on 7th. The Pay-slip doesn't get generated on time.

Promotions - Poor

Sales Executive in Kolkata

Contractual

Sales & Business Development Department

1.0

• posted on 20 Oct 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...ere fault. Expect to work during weekend / from home without any extra benefit.. Salary delay of more than 2 months. No vision and mission. ... No motivation from the management.

Salary - Bad

+6 more

Senior Accounts Receivable Executive in Kolkata

Full Time

Finance & Accounting Department

2.0

• posted on 04 Nov 2024

2.0

for Salary and Benefits

Likes

Salasar showing working cultur as like MNC Co. So like the bubble work culture lik MNC CO.

Dislikes

No work life balance, no job security , salary not getting on time, over loaded work according responsibility.

Salary - Poor

+6 more

Senior Executive HR & Administration in Kolkata

Human Resources Department

5.0

• posted on 26 Apr 2022

5.0

for Salary and Benefits

Likes

Have been working here for the past 2.5 years and I have got a good perspective in my field and my job responsibilities. If anyone wants to learn and grow in their career, Salasar is one of the finest places to be in.

Salary - Excellent

+6 more

Dislikes

The best part of Salasar is that they always pay the salary on time. Even during the lockdown period, when people were losing their jobs and there was a high level of job insecurity everywhere, this company has paid the salary on time every month without any deductions. Salasar is a company that takes care of its employees and acknowledges the efforts of a performer always fully. Has a good unity among the team members and full support and guidance is provided to the employees by the senior management.

Underwriting And Claim Relations in Kolkata

Underwriting Department

4.0

• posted on 26 Apr 2022

3.0

for Salary and Benefits

Likes

The Culture of the Company is completely overwhelming, the decent environment encourages efficiency in work.

Skill development - Good

+3 more

Dislikes

...where the compensation on same grounds is average (sharing my perspective only). Decent package might encourages employees to sustain and empowers them to maintain their work-life balanced.

see more salary related reviews

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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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Salasar Services Insurance Brokers Senior Manager Salary FAQs

What is the salary of Senior Manager at Salasar Services Insurance Brokers ?

The average salary of a Senior Manager at Salasar Services Insurance Brokers in India typically ranges from ₹10.0 Lakhs to ₹14.2 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of Senior Manager at Salasar Services Insurance Brokers earn more than ₹14.2 Lakhs per year, and the top 1% earn over ₹14.2 Lakhs per year. Senior Manager Salaries at Salasar Services Insurance Brokers 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 5 Salasar Services Insurance Brokers employees in India.

What is the estimated take home salary of a Senior Manager at Salasar Services Insurance Brokers in India?

The estimated take-home salary of a Senior Manager at Salasar Services Insurance Brokers in India typically ranges from ₹83,323 to ₹85,499 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹14.2 Lakhs per year for employees with experience ranging from 9 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 5 salaries received from various employees of Salasar Services Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Manager at Salasar Services Insurance Brokers ?

To be a Senior Manager at Salasar Services Insurance Brokers in india, the key skills required include:

- Underwriting
- Claims
- Insurance
- client servicing
- Strategic Marketing

These skills are highly valued at Salasar Services Insurance Brokers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Salasar Services Insurance Brokers for Senior Manager in India?

Coverfox	₹12.0 Lakhs to ₹23.0 Lakhs per year
Vidal Health Tpa	₹11.7 Lakhs to ₹22.0 Lakhs per year
Prudent Insurance Brokers	₹7.5 Lakhs to ₹23.9 Lakhs per year
Aditya Birla Insurance Brokers	₹9.4 Lakhs to ₹16.2 Lakhs per year

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

What is the salary of a Senior Manager in companies similar to Salasar Services Insurance Brokers in India?

The salary of a Senior Manager at companies similar to Salasar Services Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Alliance Insurance Brokers	₹9.0 Lakhs to ₹15.0 Lakhs per year
Futurisk Insurance Broking	₹9.2 Lakhs to ₹13.0 Lakhs per year
Health Insurance TPA of India	₹10.0 Lakhs to ₹11.3 Lakhs per year
Health India Tpa Services	₹6.0 Lakhs to ₹14.0 Lakhs per year
Robinhood Insurance Broker	₹3.6 Lakhs to ₹15.0 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 Senior Manager at Salasar Services Insurance Brokers in India?

The salary growth for a Senior Manager at Salasar Services Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Senior Manager can expect the following growth trajectory at Salasar Services Insurance Brokers:

Experience	Average Salary Range
9 years	₹4.7 Lakhs to ₹14.2 Lakhs per year
10 years	₹10.6 Lakhs to ₹13.5 Lakhs per year
11 years	₹10.5 Lakhs to ₹13.4 Lakhs per year
12 years	₹10.5 Lakhs to ₹13.4 Lakhs per year

and so on.

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Salasar Services Insurance Brokers Senior Manager Salaries

Salasar Services Insurance Brokers Senior Manager salary in India ranges between ₹10 Lakhs to ₹14.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Salasar Services Insurance Brokers latest salaries received from various employees of Salasar Services Insurance Brokers.