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Star Health & Allied Insurance Branch Manager salaries in Mumbai

Annual salary range
8 - 17 years exp.
₹6.5 Lakhs - ₹10.2 Lakhs
Salary of majority employees
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30% less than the average Branch Manager Salary in Insurance Companies for 8 - 17 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
8 - 10 years exp. (4 salaries)
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₹6.3 L/yr - ₹9.1 L/yr

Sales & Business Development
Branch Manager Salary
14 - 17 years exp. (4 salaries)
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₹6.5 L/yr - ₹10.2 L/yr

Last Updated: 17 Sep 2024

Companies similar to Star Health & Allied Insurance for Branch Manager in Mumbai

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Star Health & Allied Insurance Branch Manager Salary

8 - 17 years exp. (10 salaries)

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₹6.5 L/yr - ₹10.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹13 L/yr

arrow icon 20% more
1 job opening
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₹6 L/yr - ₹13.7 L/yr

arrow icon 32% more
2 job openings
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₹5.5 L/yr - ₹7.3 L/yr

arrow icon 20% less
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Care Health Insurance Branch Manager Salary

3 - 17 years exp. (37 salaries)

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₹4.3 L/yr - ₹8 L/yr

arrow icon 23% less
1 job opening
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₹10 L/yr - ₹18 L/yr

arrow icon 65% more
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HDFC Life Branch Manager Salary

8 - 16 years exp. (29 salaries)

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₹5.5 L/yr - ₹12.5 L/yr

arrow icon 21% more
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₹6 L/yr - ₹11 L/yr

arrow icon 15% more
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₹5.1 L/yr - ₹12 L/yr

arrow icon 8% more
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Tata AIA Life Insurance Branch Manager Salary

10 - 19 years exp. (14 salaries)

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₹8.2 L/yr - ₹15.5 L/yr

arrow icon 55% more
28 job openings
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Max Life Insurance Branch Manager Salary

9 - 16 years exp. (11 salaries)

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₹7.3 L/yr - ₹12 L/yr

arrow icon 32% more
4 job openings
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₹8 L/yr - ₹11.2 L/yr

arrow icon 38% more
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₹6.5 L/yr - ₹9.7 L/yr

arrow icon 17% more
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₹14.8 L/yr - ₹24 L/yr

arrow icon 116% more
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₹7 L/yr - ₹9.1 L/yr

arrow icon 13% more
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PNB MetLife Branch Manager Salary

12 - 18 years exp. (3 salaries)

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₹10 L/yr - ₹12.5 L/yr

arrow icon 40% more
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₹8.5 L/yr - ₹10 L/yr

arrow icon 23% more
Branch Manager salary at Star Health & Allied Insurance ranges between ₹6.5 Lakhs to ₹10.2 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 10 latest salaries received from various employees of Star Health & Allied Insurance.

Latest annual salaries shared by Star Health & Allied Insurance Branch Manager in Mumbai

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15 years exp.
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14 years exp.
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8 years exp.
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17 years exp.
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9 years exp.
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17 years exp.
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Experience wise Star Health & Allied Insurance Branch Manager salaries in Mumbai

Last Updated: 17 Sep 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)

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₹3 L/yr - ₹9.1 L/yr
11 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.7 L/yr
12 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
View all
Star Health & Allied Insurance Branch Manager Salary and Career Growth

From

To

Branch Manager

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6 - 17 years exp.

Senior Area Manager

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15 - 22 years exp.

Branch Manager 6 - 17 years exp.
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Senior Branch Manager 11 - 25 years exp.
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arrow icon 34% hike
Territory Manager 10 - 20 years exp.
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arrow icon 36% hike

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From

1 more level

To

Branch Manager

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6 - 17 years exp.

Assistant Territory Manager

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9 - 18 years exp.

Similar Designation salaries in Star Health & Allied Insurance

Deputy Manager Salary
(13 salaries)
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₹4.8 L/yr - ₹7 L/yr
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₹6.25 L/yr - ₹10 L/yr
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₹10 L/yr - ₹12.6 L/yr

Top skills at Star Health & Allied Insurance for Branch Manager

Branch Management agency Health Insurance Agency Channel Sales Agency Sales agency development Insurance Team Handling Life Insurance Agent Recruitment General Insurance Typescript Insurance Sales Branch Sales

Salary related reviews for Star Health & Allied Insurance

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 14 Jul 2024

2.0
 for  Salary and Benefits

Likes

They can do everything to destroy your Career. They can't pay They have their own rules and regulations

read more

Dislikes

Here seniors migrate your business and earns commission/incentives and will eat your job if you raise a voice.

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 02 Apr 2024

2.0
 for  Salary and Benefits

Likes

Employee login business regularly then no one can interrupt and ask questions.

Dislikes

...upport. Senior employee are deciding the rule and norms to run the organisation. No salary increments no leaves , even work on holidays.

read more

Full Time

 · 

Healthcare & Life Sciences Department

1.0
  •  posted on 31 Jan 2023

1.0
 for  Salary and Benefits

Likes

This section is not suitable for this company.

Dislikes

...o BDS/BAMS/BHMS, they will not regard you and your credentials. HR is atrocious. Stated salary as per bond not provided. There is no work life balance. Keep on insisting to work on Sunday's in the name of roasters.

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Full Time

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Sales Department

1.0
  •  posted on 14 Dec 2022

1.0
 for  Salary and Benefits

Likes

Only salary comes before date.

Dislikes

There is lots of managers who have gang of their own .they do not want to stay new employee.even they behave like mawalis they shouts like animals.such a people i have seen in my life.very pathetic experience i have .

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Full Time

 · 

Banca sales Department

1.0
  •  posted on 17 Jul 2022

1.0
 for  Salary and Benefits

Likes

It's a very good company for those who are working for a agency channel.

Dislikes

My review best on banca channel:- Salary is very below as per industry standard No growth Very poor Management No work environment

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Star Health & Allied Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Star Health & Allied Insurance Mumbai?
Branch Manager salary at Star Health & Allied Insurance in Mumbai ranges between ₹6.5 Lakhs to ₹10.2 Lakhs for experience between 8 years to 17 years. According to our estimates it is 30% less than the average Branch Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Star Health & Allied Insurance Mumbai.
How does the salary of a Branch Manager at Star Health & Allied Insurance Mumbai compare with the average salary range for this job?
The average salary of a Branch Manager at Star Health & Allied Insurance is 30% less than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at Star Health & Allied Insurance?
Branch Management, agency, Health Insurance, Agency Channel and Sales are some of the popular skills required to work as a Branch Manager at Star Health & Allied Insurance Mumbai.
Which similar companies are paying more than Star Health & Allied Insurance to a Branch Manager in Mumbai?
  • Life Insurance Corporation of India Branch Manager Salary - ₹14.8 Lakhs to ₹24.0 Lakhs per year
  • ICICI Prudential Life Insurance Branch Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
  • Tata AIA Life Insurance Branch Manager Salary - ₹8.2 Lakhs to ₹15.5 Lakhs per year
  • PNB MetLife Branch Manager Salary - ₹10.0 Lakhs to ₹12.5 Lakhs per year
  • SBI Life Insurance Company Branch Manager Salary - ₹8.0 Lakhs to ₹11.2 Lakhs per year
What is the salary of a Branch Manager in companies similar to Star Health & Allied Insurance in Mumbai?
  • HDFC Ergo General Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹13.7 Lakhs per year
  • Max Life Insurance Branch Manager Salary - ₹7.3 Lakhs to ₹12.0 Lakhs per year
  • Niva Bupa Health Insurance Company Branch Manager Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year
  • HDFC Life Branch Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year
  • ICICI Lombard General Insurance Company Branch Manager Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
What is the estimated take home salary of a Branch Manager at Star Health & Allied Insurance in Mumbai?
The estimated take-home salary of a Branch Manager at Star Health & Allied Insurance ranges between ₹56,615 per month to ₹58,036 per month in Mumbai. The take-home salary calculation is based on the average Star Health & Allied Insurance Branch Manager salary in India which ranges between ₹6.5 Lakhs to ₹10.2 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Star Health & Allied Insurance in Mumbai?
According to AmbitionBox, 38% of the Star Health & Allied Insurance Branch Managers in Mumbai reported a notice period of 15 days or less, 37% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Star Health & Allied Insurance Branch Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹10.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.