Star Health & Allied Insurance Pune Branch Manager Salaries by 9 Employees

7 - 12 years exp.

₹5.4 Lakhs - ₹9.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Branch Manager Salary in Insurance Companies for 7 - 12 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 8 - 12 years exp. (4 salaries)	₹5.4 L/yr - ₹9.4 L/yr
BFSI, Investments & Trading Branch Manager Salary 7 - 8 years exp. (3 salaries)	₹6.2 L/yr - ₹8.5 L/yr
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Marketing & Communication Branch Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹8 L/yr

Last Updated: 25 Apr 2024

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

Star Health & Allied Insurance Branch Manager Salary

7 - 12 years exp. (9 salaries)

₹5.4 L/yr - ₹9.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 6 - 18 years exp. (24 salaries)	₹5.3 L/yr - ₹10.8 L/yr 14% more
ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (17 salaries)	₹8 L/yr - ₹17 L/yr 63% more
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ICICI Lombard General Insurance Company Branch Manager Salary 5 - 16 years exp. (10 salaries)	₹7.5 L/yr - ₹12 L/yr 18% more	4 job openings
Axis Max Life Insurance Branch Manager Salary 9 - 16 years exp. (9 salaries)	₹8.5 L/yr - ₹11 L/yr 31% more	1 job opening
Kotak Mahindara Life Insurance Branch Manager Salary 4 - 16 years exp. (9 salaries)	₹6 L/yr - ₹11.5 L/yr 16% more
HDFC Ergo General Insurance Branch Manager Salary 9 - 15 years exp. (6 salaries)	₹8.9 L/yr - ₹11.5 L/yr 33% more
PNB MetLife Branch Manager Salary 10 - 12 years exp. (4 salaries)	₹10 L/yr - ₹11 L/yr 31% more
Tata AIA Life Insurance Branch Manager Salary 12 - 16 years exp. (3 salaries)	₹7.5 L/yr - ₹13.8 L/yr 64% more	13 job openings

Branch Manager salary at Star Health & Allied Insurance ranges between ₹5.4 Lakhs to ₹9.4 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 9 latest salaries received from various employees of Star Health & Allied Insurance.

Experience wise Star Health & Allied Insurance Branch Manager salaries in Pune

Last Updated: 25 Apr 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
8 years (4 salaries)	₹6.2 L/yr - ₹8 L/yr
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9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr

View all

From

Branch Manager

₹

Lakhs/yr

7 - 18 years exp.

Senior Area Manager

₹

Lakhs/yr

15 - 22 years exp.

Branch Manager

7 - 18 years exp.

Senior Branch Manager

13 - 25 years exp.

28% hike

Territory Manager

10 - 20 years exp.

31% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Star Health & Allied Insurance

Deputy Manager Salary

(7 salaries)

₹4.2 L/yr - ₹7 L/yr

Cluster Manager Salary

(4 salaries)

₹4.5 L/yr - ₹6.9 L/yr

Area Manager Salary

(4 salaries)

₹6.67 L/yr - ₹15.5 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 Branch Sales General Insurance Typescript Insurance Sales

Salary related reviews for Star Health & Allied Insurance

1.0

Rated by 1 employees for salary & benefits

Relationship Manager in Moradabad

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

Dislikes

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

Salary - Poor

+5 more

Senior Sales Manager in Gurgaon / Gurugram

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.

Work satisfaction - Good

Dislikes

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

Salary - Poor

+5 more

Deputy Manager in Chennai

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.

Salary - Bad

+6 more

Sales Manager in Kishangarh

Full Time

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 .

Salary - Bad

+6 more

Relationship Manager in Park Street Kolkata

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

Salary - Bad

+4 more

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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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Star Health & Allied Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Star Health & Allied Insurance in Pune?

The average salary of a Branch Manager at Star Health & Allied Insurance in Pune typically ranges from ₹5.4 Lakhs to ₹9.4 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Branch Manager in Pune at Star Health & Allied Insurance earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹9.4 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 9 Star Health & Allied Insurance employees in India.

What is the estimated take home salary of a Branch Manager at Star Health & Allied Insurance in Pune?

The estimated take-home salary of a Branch Manager at Star Health & Allied Insurance in Pune typically ranges from ₹57,731 to ₹59,184 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹9.4 Lakhs per year for employees with experience ranging from 7 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Star Health & Allied Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at Star Health & Allied Insurance in Pune?

To be a Branch Manager at Star Health & Allied Insurance in Pune, the key skills required include:

- 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.

Which companies offer higher salaries than Star Health & Allied Insurance for Branch Manager in India?

Tata AIA Life Insurance	₹7.5 Lakhs to ₹13.8 Lakhs per year
ICICI Prudential Life Insurance	₹8.0 Lakhs to ₹17.0 Lakhs per year
HDFC Ergo General Insurance	₹8.9 Lakhs to ₹11.5 Lakhs per year
PNB MetLife	₹10.0 Lakhs to ₹11.0 Lakhs per year
Axis Max Life Insurance	₹8.5 Lakhs to ₹11.0 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.

What is the salary of a Branch Manager in companies similar to Star Health & Allied Insurance in Pune?

The salary of a Branch Manager at companies similar to Star Health & Allied Insurance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company	₹7.5 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindara Life Insurance	₹6.0 Lakhs to ₹11.5 Lakhs per year
HDFC Life	₹5.3 Lakhs to ₹10.8 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.

How the salary growth look like for a Branch Manager at Star Health & Allied Insurance in Pune?

The salary growth for a Branch Manager at Star Health & Allied Insurance in Pune depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Pune can expect the following growth trajectory at Star Health & Allied Insurance:

Experience	Average Salary Range
7 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
8 years	₹6.2 Lakhs to ₹8.0 Lakhs per year
9 years	₹6.6 Lakhs to ₹8.5 Lakhs per year
10 years	₹6.8 Lakhs to ₹8.6 Lakhs per year

and so on.

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Star Health & Allied Insurance Branch Manager Salaries in Pune

Star Health & Allied Insurance Branch Manager salary in Pune ranges between ₹5.4 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Star Health & Allied Insurance latest salaries received from various employees of Star Health & Allied Insurance.

Star Health & Allied Insurance Branch Manager salaries in Pune

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

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

Experience wise Star Health & Allied Insurance Branch Manager salaries in Pune

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

Relationship Manager in Moradabad

Senior Sales Manager in Gurgaon / Gurugram

Deputy Manager in Chennai

Sales Manager in Kishangarh

Relationship Manager in Park Street Kolkata

Star Health & Allied Insurance Branch Manager Salary FAQs

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