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Annual salary range
8 - 17 years exp.
₹6.5
Lakhs - ₹10.2
Lakhs
Login to view
detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary20% less than the average Branch Manager Salary in Insurance Companies for 8 - 17 years of experience
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Salaries in different departments
Sales & Business Development
Branch Manager Salary
13 - 17
years
exp.
(5
salaries)
|  ₹6.5 L/yr - ₹10.2 L/yr |
BFSI, Investments & Trading
Branch Manager Salary
9 - 17
years
exp.
(4
salaries)
| ₹7.5 L/yr - ₹10 L/yr |
Login to view exact salary
| |
Customer Success, Service & Operations
Branch Manager Salary
10
years
exp.
(AmbitionBox Estimate)
| ₹8 L/yr - ₹10 L/yr |
Companies similar to Star Health & Allied Insurance for Branch Manager in Mumbai
Star Health & Allied Insurance
Branch Manager Salary
8 - 17 years exp. (12 salaries) |  ₹6.5 L/yr - ₹10.2 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Lombard General Insurance Company Branch Manager Salary
6 - 14 years exp. (9 salaries) | ₹5.3 L/yr - ₹12 L/yr 
3%
more | 7 job openings |
 HDFC Ergo General Insurance Branch Manager Salary
9 - 16 years exp. (9 salaries) | ₹6 L/yr - ₹10.5 L/yr
5%
more | |
Login to view exact salary
| ||
 Bajaj Allianz General Insurance Branch Manager Salary
7 - 12 years exp. (3 salaries) | ₹5.5 L/yr - ₹7.3 L/yr 
25%
less | |
 ICICI Prudential Life Insurance Branch Manager Salary
6 - 17 years exp. (38 salaries) | ₹9.8 L/yr - ₹18 L/yr
45%
more | |
 Care Health Insurance Branch Manager Salary
5 - 17 years exp. (36 salaries) | ₹4 L/yr - ₹8 L/yr
33%
less | 1 job opening |
 HDFC Life Branch Manager Salary
7 - 16 years exp. (30 salaries) | ₹5.5 L/yr - ₹12.5 L/yr
3%
more | |
 Kotak Mahindara Life Insurance Branch Manager Salary
3 - 17 years exp. (18 salaries) | ₹6 L/yr - ₹11 L/yr
7%
more | |
 Tata AIA Life Insurance Branch Manager Salary
10 - 19 years exp. (14 salaries) | ₹8.2 L/yr - ₹15.5 L/yr
41%
more | 21 job openings |
 Bajaj Allianz Life Insurance Branch Manager Salary
7 - 14 years exp. (14 salaries) | ₹5.1 L/yr - ₹12 L/yr
4%
less | |
 Max Life Insurance Branch Manager Salary
9 - 18 years exp. (11 salaries) | ₹7.3 L/yr - ₹12.5 L/yr
21%
more | 1 job opening |
 SBI Life Insurance Company Branch Manager Salary
7 - 14 years exp. (7 salaries) | ₹8 L/yr - ₹11.2 L/yr
28%
more | |
Login to view exact salary
| ||
 Aditya Birla Health Insurance Co Branch Manager Salary
11 - 15 years exp. (5 salaries) | ₹6.5 L/yr - ₹9.7 L/yr
6%
more | |
 Life Insurance Corporation of India Branch Manager Salary
12 - 16 years exp. (3 salaries) | ₹11.2 L/yr - ₹24 L/yr
69%
more | |
 PNB MetLife Branch Manager Salary
12 - 18 years exp. (3 salaries) | ₹9.4 L/yr - ₹12.5 L/yr
14%
more | 1 job opening |
 Niva Bupa Health Insurance Company Branch Manager Salary
10 - 15 years exp. (3 salaries) | ₹8.5 L/yr - ₹10 L/yr
10%
more | 2 job openings |
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
12 latest salaries received
from various employees of Star Health & Allied Insurance.
Latest annual salaries shared by Star Health & Allied Insurance Branch Manager in Mumbai
3mo ago
10
years
exp.
4mo ago
15
years
exp.
4mo ago
15
years
exp.
7mo ago
14
years
exp.
1y ago
8
years
exp.
1y ago
17
years
exp.
1y ago
13
years
exp.
1y ago
9
years
exp.
1y ago
10
years
exp.
1y ago
17
years
exp.
Experience wise Star Health & Allied Insurance Branch Manager salaries in Mumbai
Last Updated: 14 Oct 2024
| Experience | Avg Annual Salary |
|---|---|
| 8 years (AmbitionBox Estimate) |
₹3.3
L/yr
- ₹9
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹7.5
L/yr
- ₹9.1
L/yr
|
Login to view exact salary
| |
| 10 years (AmbitionBox Estimate) |
₹3.4
L/yr
- ₹10
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹7.7
L/yr
- ₹9.8
L/yr
|
| 12 years (AmbitionBox Estimate) |
₹7.8
L/yr
- ₹9.9
L/yr
|
View all
Star Health & Allied Insurance Branch Manager
Salary and Career Growth
From
To
Branch Manager
₹
Lakhs/yr
Lakhs/yr
6 - 17 years exp.
Senior Area Manager
₹
Lakhs/yr
Lakhs/yr
15 - 22 years exp.
Branch Manager
6 -
17
years
exp.
Senior Branch Manager
13 -
25
years
exp.
29% hike
Territory Manager
10 -
20
years
exp.
32% hike
From
1 more level
To
Branch Manager
6 - 17 years exp.
Assistant Territory Manager
9 - 18 years exp.
Similar Designation salaries in Star Health & Allied Insurance
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
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
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?
Got a question about Star Health & Allied Insurance?
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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 20% less than the average Branch Manager Salary in India. Salary estimates are based on 12 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 20% 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 - ₹11.2 Lakhs to ₹24.0 Lakhs per year
- ICICI Prudential Life Insurance Branch Manager Salary - ₹9.8 Lakhs to ₹18.0 Lakhs per year
- Tata AIA Life Insurance Branch Manager Salary - ₹8.2 Lakhs to ₹15.5 Lakhs per year
- SBI Life Insurance Company Branch Manager Salary - ₹8.0 Lakhs to ₹11.2 Lakhs per year
- Max Life Insurance Branch Manager Salary - ₹7.3 Lakhs to ₹12.5 Lakhs per year
What is the salary of a Branch Manager in companies similar to Star Health & Allied Insurance in Mumbai?
- PNB MetLife Branch Manager Salary - ₹9.4 Lakhs to ₹12.5 Lakhs per year
- Niva Bupa Health Insurance Company Branch Manager Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year
- Kotak Mahindara Life Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
- Aditya Birla Health Insurance Co Branch Manager Salary - ₹6.5 Lakhs to ₹9.7 Lakhs per year
- HDFC Ergo General Insurance Branch Manager Salary - ₹6.0 Lakhs to ₹10.5 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 ₹62,765 per month to ₹64,360 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.
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- Star Health & Allied Insurance Branch Manager Salaries in Mumbai
Star Health & Allied Insurance Branch Manager salary
in
Mumbai
ranges between ₹6.5
Lakhs to ₹10.2
Lakhs with an average annual salary of
₹. Salary estimates are based on
12
Star Health & Allied Insurance latest salaries received from various employees of
Star Health & Allied Insurance.