Siemens Financial Services Insurance Manager Salaries by 4 Employees (Updated 2025)

14 - 18 years exp.

₹7.5 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

125% more than the average Insurance Manager Salary in Financial Services Companies for 14 - 18 years of experience

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Last Updated: 2 Dec 2024

Companies similar to Siemens Financial Services for Insurance Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Insurance Manager Salary 2 - 9 years exp. (3 salaries)	₹2.2 L/yr - ₹7.3 L/yr 55% less
HDFC Bank Insurance Manager Salary 0 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹7.2 L/yr 28% less
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ICICI Bank Insurance Manager Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹8.8 L/yr 38% less
Kotak Mahindra Bank Insurance Manager Salary 1 - 9 years exp. (4 salaries)	₹2.8 L/yr - ₹4 L/yr 62% less
Aditya Birla Capital Insurance Manager Salary 1 - 17 years exp. (6 salaries)	₹2.2 L/yr - ₹5 L/yr 66% less

Insurance Manager salary at Siemens Financial Services ranges between ₹7.5 Lakhs to ₹10 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Siemens Financial Services.

Experience wise Siemens Financial Services Insurance Manager salaries

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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15+ years (3 salaries)	₹8.8 L/yr - ₹10 L/yr

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Salary related reviews for Siemens Financial Services

Risk Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 08 Mar 2023

4.0

for Salary and Benefits

Likes

Working environment is better then other NBFCs who is doing the same kind of business. Work culture is far ahead from other Banks and Financial Institution. A freedom for the taking the decision independently. A good other Benefits also provided by the Company comparing to other companies.

Dislikes

There is shortage of the Team Members and Management is not accepting the request to add a new employee in our team, so work burden will alway high.

Manager- Risk in Ahmedabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 08 May 2021

4.0

for Salary and Benefits

Likes

Its a great company to work for in NBFC/ Financing industry Top management is influencial and supportive, good learning and work culture, decent work life balance and employee friendly policies. Good for spending 3-4 years.

Dislikes

Growth prospects are poor given the flat structure of organization, you continue the same work at the same level for very long time, poor on vertical growth front promotions are very slow.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Siemens Financial Services Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Siemens Financial Services?

Insurance Manager salary at Siemens Financial Services in India ranges between ₹7.5 Lakhs to ₹10.0 Lakhs for experience between 14 years to 18 years. According to our estimates it is 125% more than the average Insurance Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Siemens Financial Services India.

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

The average salary of a Insurance Manager at Siemens Financial Services is 125% more than the average salary of a Insurance Manager in India. To know exact salary insights, login to view.

What is the salary of a Insurance Manager in companies similar to Siemens Financial Services in India?

HDFC Bank Insurance Manager Salary - ₹1.5 Lakhs to ₹7.2 Lakhs per year
ICICI Bank Insurance Manager Salary - ₹3.0 Lakhs to ₹8.8 Lakhs per year
Bajaj Finance Insurance Manager Salary - ₹2.2 Lakhs to ₹7.3 Lakhs per year
Kotak Mahindra Bank Insurance Manager Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Capital Insurance Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Insurance Manager at Siemens Financial Services in India?

The estimated take-home salary of a Insurance Manager at Siemens Financial Services ranges between ₹66,075 per month to ₹67,764 per month in India. The take-home salary calculation is based on the average Siemens Financial Services Insurance Manager salary in India which ranges between ₹7.5 Lakhs to ₹10.0 Lakhs per year for employees with experience between 14 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Insurance Manager at Siemens Financial Services?

According to AmbitionBox, 100% of the Siemens Financial Services Insurance Managers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Siemens Financial Services Insurance Manager Salaries

Siemens Financial Services Insurance Manager salary in India ranges between ₹7.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Siemens Financial Services latest salaries received from various employees of Siemens Financial Services.