SPA Insurance Broking Services Salaries by 90+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Manager 8 - 15 years exp. (6 salaries)	₹2 L/yr - ₹6.5 L/yr
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Assistant Manager 5 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹7 L/yr
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Senior Manager 9 - 15 years exp. (4 salaries)	₹8 L/yr - ₹13 L/yr
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Senior Executive 5 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹4.6 L/yr
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Vice President 15 - 16 years exp. (3 salaries)	₹15.6 L/yr - ₹16.3 L/yr
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Executive 14 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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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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Salary related reviews for SPA Insurance Broking Services

1.8

Rated by 14 employees for salary & benefits

Vice President in Kolkata

BFSI, Investments & Trading Department

3.0

• posted on 04 Mar 2022

3.0

for Salary and Benefits

Likes

I was fortunate to have had a good boss who was never nagging. I was allowed in a way to work at my own pace (No, I wasn't lazy) and pressure of target completion was surmountable. The company's policies were somewhat employee friendly and the work culture was alright.

Dislikes

The big bosses in Delhi were with high noses. Every time on a virtual meeting, they keep beating about the bush. Stalling the recruitment of marketing executives, meeting targets were near impossible. No career development prospect in the company and achievements were not lauded.

Job security - Poor

+2 more

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SPA Insurance Broking Services Salary FAQs

How much does SPA Insurance Broking Services pay to its employees?

The average annual salary at SPA Insurance Broking Services varies depending on the role, experience, and location. The salary ranges for some popular designations at SPA Insurance Broking Services, are as follows:

Manager	₹2 Lakhs to ₹6.5 Lakhs per year
Assistant Manager	₹4.8 Lakhs to ₹7 Lakhs per year
Senior Manager	₹8 Lakhs to ₹13 Lakhs per year
Senior Executive	₹3.5 Lakhs to ₹4.6 Lakhs per year

The highest-paying role, Assistant Manager, earns between ₹4.8 Lakhs to ₹7 Lakhs per year. The top 10% of employees earn more than ₹12.4 Lakhs per year, and the top 1% earn over ₹18.2 Lakhs per year. Salaries at SPA Insurance Broking Services 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 salary estimates are based on data from 92 salaries submitted by SPA Insurance Broking Services employees. SPA Insurance Broking Services is rated 1.8 out of 5 stars by its employees on the salary and benefits parameter.

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SPA Insurance Broking Services Salaries by Location

Average annual salary in SPA Insurance Broking Services is INR . Salary estimates are based on 90+ SPA Insurance Broking Services latest salaries received from various employees of SPA Insurance Broking Services.