Swiss Re Mumbai Assistant Vice President Salaries by 7 Employees (Updated 2025)

9 - 17 years exp.

₹15.5 Lakhs - ₹36 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Assistant Vice President Salary in Insurance Companies for 9 - 17 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Vice President Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹27.7 L/yr
BFSI, Investments & Trading Assistant Vice President Salary 12 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹30 L/yr
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Engineering - Software & QA Assistant Vice President Salary 9 years exp. (AmbitionBox Estimate)	₹25 L/yr - ₹34.1 L/yr
Finance & Accounting Assistant Vice President Salary 10 years exp. (AmbitionBox Estimate)	₹24 L/yr - ₹26.1 L/yr

Last Updated: 10 Feb 2025

Companies similar to Swiss Re for Assistant Vice President in Mumbai

Swiss Re Assistant Vice President Salary

9 - 17 years exp. (7 salaries)

₹15.5 L/yr - ₹36 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindara Life Insurance Assistant Vice President Salary 8 - 19 years exp. (96 salaries)	₹8.5 L/yr - ₹30 L/yr 33% less
Tata AIA Life Insurance Assistant Vice President Salary 14 - 22 years exp. (41 salaries)	₹19.2 L/yr - ₹51 L/yr 22% more	5 job openings
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Future Generali India Life Insurance Assistant Vice President Salary 11 - 21 years exp. (23 salaries)	₹19 L/yr - ₹30 L/yr 21% less	2 job openings
Axis Max Life Insurance Assistant Vice President Salary 14 - 22 years exp. (18 salaries)	₹18.5 L/yr - ₹35 L/yr 7% less	1 job opening
HDFC Life Assistant Vice President Salary 13 - 24 years exp. (16 salaries)	₹22.2 L/yr - ₹52 L/yr 22% more	1 job opening
Aditya Birla Health Insurance Co Assistant Vice President Salary 8 - 20 years exp. (10 salaries)	₹32.5 L/yr - ₹59 L/yr 38% more
SBI General Insurance Assistant Vice President Salary 11 - 20 years exp. (9 salaries)	₹18.2 L/yr - ₹34.9 L/yr 4% more
Aditya Birla Sun Life Insurance Assistant Vice President Salary 10 - 20 years exp. (7 salaries)	₹40 L/yr - ₹56 L/yr 52% more
Gallagher Assistant Vice President Salary 9 - 16 years exp. (5 salaries)	₹20 L/yr - ₹26 L/yr 18% less
Marsh Assistant Vice President Salary 7 - 12 years exp. (4 salaries)	₹19.5 L/yr - ₹23 L/yr 32% less
Reliance Nippon Life Insurance Assistant Vice President Salary 5 - 20 years exp. (4 salaries)	₹15 L/yr - ₹31 L/yr 20% less
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Bharti AXA Life Insurance Assistant Vice President Salary 9 - 15 years exp. (4 salaries)	₹25 L/yr - ₹37 L/yr 2% more
Medi Assist India Assistant Vice President Salary 15 - 21 years exp. (4 salaries)	₹21.3 L/yr - ₹29 L/yr 17% less

Assistant Vice President salary at Swiss Re ranges between ₹15.5 Lakhs to ₹36 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Swiss Re.

Experience wise Swiss Re Assistant Vice President salaries in Mumbai

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹25.8 L/yr - ₹32.9 L/yr
10 years (AmbitionBox Estimate)	₹25.9 L/yr - ₹33 L/yr
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11 years (AmbitionBox Estimate)	₹26 L/yr - ₹33.2 L/yr
12 years (AmbitionBox Estimate)	₹26 L/yr - ₹33.3 L/yr
13 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.4 L/yr
14 years (AmbitionBox Estimate)	₹26.2 L/yr - ₹33.5 L/yr
15+ years (3 salaries)	₹23 L/yr - ₹32 L/yr

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From

Assistant Vice President

7 - 17 years exp.

Vice President

10 - 20 years exp.

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.

Salary related reviews for Swiss Re

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Apr 2023

3.0

for Salary and Benefits

Likes

Nothing really

Company culture - Good

+1 more

Dislikes

Compensation way too less based on market standard. HRs are not communicative, Promotion chances are next to zero. Only if you can roam around top management then you have a chance of moving up.

Skill development - Poor

+3 more

Senior Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

Swiss Re is a great place where you really get to expand your horizon as an Individual as well as a team player. They really care about their employees and this is reflected in rhe infra structure and other support they offer

Job security - Good

+3 more

Dislikes

Pay scale could be better

Promotions - Poor

Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 18 Jun 2023

2.0

for Salary and Benefits

Likes

- Good work life balance - Decent work but it definitely depends on the team you are on - Good benefits/insurance - As of June 2023, they still have hybrid work mode (3 days office, 2 days wfh)

Skill development - Good

+3 more

Dislikes

- Low pay compared to competitors/industry standards - Experience is given more emphasis than merit - No free cab services/food (unless you work very odd hours)

Salary - Poor

+1 more

Assistant Vice President Finance in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 29 Jan 2023

1.0

for Salary and Benefits

Likes

Office is at good location

Dislikes

Management boost about low pay due to very good work life balance. But you never get that so called work life balance. There is so much traction in between teams and work culture is bad. Attraction is above 40% in finance and it put enormous pressure on existing resources with no forward looking career plan. Overall a bad organization to work with in terms of pay, work life balance, learning. One can join the organisation to see how simple things can be ruined.

Salary - Bad

+6 more

Director -Insurance IT in Bangalore Rural

Full Time

Project & Program Management Department

4.0

• posted on 15 Jan 2022

4.0

for Salary and Benefits

Likes

...like traditional IT companies where manager and above decides employee future. Best place to work with excellent package

Salary - Good

+6 more

Dislikes

No long term opportunities

see more salary related reviews

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Top trending discussions

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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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Swiss Re Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Swiss Re in Mumbai?

The average salary of a Assistant Vice President at Swiss Re in Mumbai typically ranges from ₹15.5 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Assistant Vice President in Mumbai at Swiss Re earn more than ₹35.2 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Assistant Vice President Salaries at Swiss Re 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 7 Swiss Re employees in India.

What is the estimated take home salary of a Assistant Vice President at Swiss Re in Mumbai?

The estimated take-home salary of a Assistant Vice President at Swiss Re in Mumbai typically ranges from ₹1,79,404 to ₹1,86,379 per month. This is based on the average salary range of ₹15.5 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 9 years to 17 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 7 salaries received from various employees of Swiss Re. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Swiss Re for Assistant Vice President in India?

Aditya Birla Sun Life Insurance	₹40.0 Lakhs to ₹56.0 Lakhs per year
Aditya Birla Health Insurance Co	₹32.5 Lakhs to ₹59.0 Lakhs per year
Tata AIA Life Insurance	₹19.2 Lakhs to ₹51.0 Lakhs per year
HDFC Life	₹22.2 Lakhs to ₹52.0 Lakhs per year
SBI General Insurance	₹18.2 Lakhs to ₹34.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Swiss Re, depending on the role and experience level.

What is the salary of a Assistant Vice President in companies similar to Swiss Re in Mumbai?

The salary of a Assistant Vice President at companies similar to Swiss Re in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharti AXA Life Insurance	₹25.0 Lakhs to ₹37.0 Lakhs per year
Axis Max Life Insurance	₹18.5 Lakhs to ₹35.0 Lakhs per year
Medi Assist India	₹21.3 Lakhs to ₹29.0 Lakhs per year
Gallagher	₹20.0 Lakhs to ₹26.0 Lakhs per year
Reliance Nippon Life Insurance	₹15.0 Lakhs to ₹31.0 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 Assistant Vice President at Swiss Re in Mumbai?

The salary growth for a Assistant Vice President at Swiss Re in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President in Mumbai can expect the following growth trajectory at Swiss Re:

Experience	Average Salary Range
9 years	₹25.8 Lakhs to ₹32.9 Lakhs per year
10 years	₹25.9 Lakhs to ₹33.0 Lakhs per year
11 years	₹26.0 Lakhs to ₹33.2 Lakhs per year
12 years	₹26.0 Lakhs to ₹33.3 Lakhs per year

and so on.

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Swiss Re Assistant Vice President Salaries in Mumbai

Swiss Re Assistant Vice President salary in Mumbai ranges between ₹15.5 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Swiss Re latest salaries received from various employees of Swiss Re.