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Siemens Financial Services Insurance Manager salaries in Mumbai

Annual salary range
14 - 18 years exp.
₹7.5 Lakhs - ₹10 Lakhs
Salary of majority employees
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141% more than the average Insurance Manager Salary in Financial Services Companies for 14 - 18 years of experience

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Last Updated: 8 Feb 2025

Companies similar to Siemens Financial Services for Insurance Manager in Mumbai

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Siemens Financial Services Insurance Manager Salary

14 - 18 years exp. (4 salaries)

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₹7.5 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Insurance Manager Salary

7 - 9 years exp. (3 salaries)

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₹3.6 L/yr - ₹4.6 L/yr

arrow icon 56% less
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HDFC Life Insurance Manager Salary

1 - 6 years exp. (6 salaries)

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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 60% less
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₹8.6 L/yr - ₹13 L/yr

arrow icon 7% more
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₹3 L/yr - ₹3.9 L/yr

arrow icon 61% less
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₹4.3 L/yr - ₹7.7 L/yr

arrow icon 44% 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.

Latest annual salaries shared by Siemens Financial Services Insurance Manager in Mumbai

2w ago
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18 years exp.
5mo ago
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17 years exp.
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16 years exp.
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14 years exp.

Experience wise Siemens Financial Services Insurance Manager salaries in Mumbai

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr
15+ years  (3 salaries)

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₹8.8 L/yr - ₹10 L/yr

Similar Designation salaries in Siemens Financial Services

Deputy Manager Salary
(3 salaries)
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₹13 L/yr - ₹13.4 L/yr

Salary related reviews for Siemens Financial Services

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.

read more
  • Salary - Good
  • +6 more

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.

read more

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.

read more
  • Salary - Good
  • +5 more

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.

read more
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Siemens Financial Services Insurance Manager Salary FAQs

What is the salary of Insurance Manager at Siemens Financial Services Mumbai?
Insurance Manager salary at Siemens Financial Services in Mumbai ranges between ₹7.5 Lakhs to ₹10.0 Lakhs for experience between 14 years to 18 years. According to our estimates it is 141% 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 Mumbai.
How does the salary of a Insurance Manager at Siemens Financial Services Mumbai compare with the average salary range for this job?
The average salary of a Insurance Manager at Siemens Financial Services is 141% more than the average salary of a Insurance Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Siemens Financial Services to a Insurance Manager in Mumbai?
  • Piramal Capital Housing Finance Insurance Manager Salary - ₹8.6 Lakhs to ₹13.0 Lakhs per year
What is the salary of a Insurance Manager in companies similar to Siemens Financial Services in Mumbai?
  • Tata AIA Life Insurance Insurance Manager Salary - ₹4.3 Lakhs to ₹7.7 Lakhs per year
  • Kotak Mahindra Bank Insurance Manager Salary - ₹3.6 Lakhs to ₹4.6 Lakhs per year
  • HDFC Life Insurance Manager Salary - ₹2.7 Lakhs to ₹5.5 Lakhs per year
  • Axis Max Life Insurance Insurance Manager Salary - ₹3.0 Lakhs to ₹3.9 Lakhs per year
What is the estimated take home salary of a Insurance Manager at Siemens Financial Services in Mumbai?
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 Mumbai. 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 in Mumbai?
According to AmbitionBox, 100% of the Siemens Financial Services Insurance Managers in Mumbai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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