Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary19% less than the average Branch Manager Salary in Insurance Companies for 5 - 18 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Branch Manager Salary
5 - 18
years
exp.
(94
salaries)
|  ₹4 L/yr - ₹11 L/yr |
Sales & Business Development
Branch Manager Salary
5 - 17
years
exp.
(88
salaries)
| ₹4.5 L/yr - ₹11 L/yr |
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| |
Marketing & Communication
Branch Manager Salary
7 - 18
years
exp.
(23
salaries)
| ₹4.5 L/yr - ₹10.5 L/yr |
Companies similar to Star Health & Allied Insurance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Branch Manager Salary
3 - 18 years exp. (369 salaries) | ₹6.5 L/yr - ₹18.8 L/yr 
64%
more | |
 HDFC Life Branch Manager Salary
6 - 18 years exp. (261 salaries) | ₹5.3 L/yr - ₹12.5 L/yr
26%
more | |
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| ||
 ICICI Lombard General Insurance Company Branch Manager Salary
5 - 17 years exp. (213 salaries) | ₹4.5 L/yr - ₹13 L/yr
20%
more | 3 job openings |
 Kotak Mahindara Life Insurance Branch Manager Salary
3 - 18 years exp. (203 salaries) | ₹5 L/yr - ₹13.5 L/yr
25%
more | |
 HDFC Ergo General Insurance Branch Manager Salary
9 - 18 years exp. (195 salaries) | ₹4.7 L/yr - ₹14.5 L/yr
22%
more | |
 Reliance Nippon Life Insurance Branch Manager Salary
7 - 20 years exp. (202 salaries) | ₹3.8 L/yr - ₹11.5 L/yr
2%
more | |
 SBI Life Insurance Company Branch Manager Salary
7 - 24 years exp. (171 salaries) | ₹6.5 L/yr - ₹16 L/yr
48%
more | |
 Tata AIA Life Insurance Branch Manager Salary
8 - 20 years exp. (169 salaries) | ₹5 L/yr - ₹17.7 L/yr
62%
more | 13 job openings |
 Aditya Birla Health Insurance Co Branch Manager Salary
5 - 16 years exp. (158 salaries) | ₹5 L/yr - ₹12 L/yr
19%
more | |
 Axis Max Life Insurance Branch Manager Salary
8 - 19 years exp. (140 salaries) | ₹7 L/yr - ₹14 L/yr
43%
more | 3 job openings |
 Bajaj Allianz Life Insurance Branch Manager Salary
7 - 18 years exp. (126 salaries) | ₹4.5 L/yr - ₹12.9 L/yr
11%
more | 6 job openings |
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| ||
 Aditya Birla Sun Life Insurance Branch Manager Salary
5 - 12 years exp. (107 salaries) | ₹4.5 L/yr - ₹11.3 L/yr
16%
more | |
 Shriram Life Insurance Branch Manager Salary
5 - 16 years exp. (91 salaries) | ₹2.2 L/yr - ₹9.5 L/yr 
21%
less | 2 job openings |
 PNB MetLife Branch Manager Salary
8 - 20 years exp. (49 salaries) | ₹6.6 L/yr - ₹13.2 L/yr
30%
more | |
 Life Insurance Corporation of India Branch Manager Salary
15 - 31 years exp. (15 salaries) | ₹9.7 L/yr - ₹31 L/yr
132%
more | |
 Bajaj Allianz General Insurance Branch Manager Salary
2 - 17 years exp. (14 salaries) | ₹4.3 L/yr - ₹12.1 L/yr
2%
more | 5 job openings |
 The New India Assurance Co. Branch Manager Salary
5 - 10 years exp. (10 salaries) | ₹10 L/yr - ₹18.5 L/yr
112%
more | |
 SBI General Insurance Branch Manager Salary
7 - 12 years exp. (7 salaries) | ₹6.5 L/yr - ₹10.5 L/yr
5%
more | |
 United India Insurance Company Branch Manager Salary
4 - 10 years exp. (7 salaries) | ₹9 L/yr - ₹20 L/yr
110%
more | |
 The Oriental Insurance Co. Branch Manager Salary
9 - 30 years exp. (4 salaries) | ₹11.2 L/yr - ₹12.9 L/yr
73%
more | |
Latest annual salaries shared by Star Health & Allied Insurance Branch Manager
Experience wise Star Health & Allied Insurance Branch Manager salaries
Last Updated: 22 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 5 years (13 salaries) |
₹4.2
L/yr
- ₹7.5
L/yr
|
| 6 years (14 salaries) |
₹4.2
L/yr
- ₹7
L/yr
|
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| |
| 7 years (8 salaries) |
₹4.8
L/yr
- ₹7.5
L/yr
|
| 8 years (22 salaries) |
₹4.4
L/yr
- ₹9
L/yr
|
| 9 years (24 salaries) |
₹4.2
L/yr
- ₹9.4
L/yr
|
From
To
Branch Manager
Lakhs/yr
5 - 18 years exp.
Senior Area Manager
Lakhs/yr
15 - 22 years exp.
Branch Manager
5 - 18 years exp.
Senior Branch Manager
13 - 25 years exp.
36% hike
Territory Manager
10 - 20 years exp.
31% hike
Similar Designation salaries in Star Health & Allied Insurance
Top skills at Star Health & Allied Insurance for Branch Manager
Salary related reviews for Star Health & Allied Insurance
Discover interview dos and don'ts from real experiences
What people are saying about Star Health & Allied Insurance
Star Health & Allied Insurance Branch Manager Salary FAQs
The top 10% of Branch Manager at Star Health & Allied Insurance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. Branch Manager Salaries at Star Health & Allied Insurance 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 200+ Star Health & Allied Insurance employees in India.
- - Branch Management
- - agency
- - Health Insurance
- - Agency Channel
- - Sales
These skills are highly valued at Star Health & Allied Insurance and are crucial for successful performance in a Software Engineering role.
| Life Insurance Corporation of India | ₹9.7 Lakhs to ₹31.0 Lakhs per year |
| The New India Assurance Co. | ₹10.0 Lakhs to ₹18.5 Lakhs per year |
| United India Insurance Company | ₹9.0 Lakhs to ₹20.0 Lakhs per year |
| The Oriental Insurance Co. | ₹11.2 Lakhs to ₹12.9 Lakhs per year |
| ICICI Prudential Life Insurance | ₹6.5 Lakhs to ₹18.8 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Star Health & Allied Insurance, depending on the role and experience level.
| Tata AIA Life Insurance | ₹5.0 Lakhs to ₹17.7 Lakhs per year |
| SBI Life Insurance Company | ₹6.5 Lakhs to ₹16.0 Lakhs per year |
| Axis Max Life Insurance | ₹7.0 Lakhs to ₹14.0 Lakhs per year |
| PNB MetLife | ₹6.6 Lakhs to ₹13.2 Lakhs per year |
| HDFC Life | ₹5.3 Lakhs to ₹12.5 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.
| Experience | Average Salary Range |
|---|---|
| 5 years | ₹4.2 Lakhs to ₹7.5 Lakhs per year |
| 6 years | ₹4.2 Lakhs to ₹7.0 Lakhs per year |
| 7 years | ₹4.8 Lakhs to ₹7.5 Lakhs per year |
| 8 years | ₹4.4 Lakhs to ₹9.0 Lakhs per year |
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Star Health & Allied Insurance Branch Manager Salaries by Location
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Star Health & Allied Insurance Branch Manager salary
in
India
ranges between ₹4
Lakhs to ₹11
Lakhs with an average annual salary of
₹. Salary estimates are based on
249
Star Health & Allied Insurance latest salaries received from various employees of
Star Health & Allied Insurance.