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

11 - 20 years exp.

₹45 Lakhs - ₹75.5 Lakhs

Salary of majority employees

Fixed (87%)

₹59.5 Lakhs

Variable (13%)

₹8.6 Lakhs

44% more than the average Vice President Salary in Insurance Companies for 11 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Vice President Salary 11 - 16 years exp. (AmbitionBox Estimate)	₹47.9 L/yr - ₹70 L/yr
Product Management Vice President Salary 19 - 20 years exp. (AmbitionBox Estimate)	₹66.1 L/yr - ₹75.5 L/yr
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Customer Success, Service & Operations Vice President Salary 20 years exp. (AmbitionBox Estimate)	₹55 L/yr - ₹74.4 L/yr
Strategic & Top Management Vice President Salary 12 years exp. (AmbitionBox Estimate)	₹66 L/yr - ₹76.7 L/yr

Last Updated: 20 Feb 2025

Companies similar to Swiss Re for Vice President in Mumbai

Swiss Re Vice President Salary

11 - 20 years exp. (7 salaries)

₹45 L/yr - ₹75.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Vice President Salary 11 - 24 years exp. (29 salaries)	₹16 L/yr - ₹60 L/yr 46% less
Kotak Mahindara Life Insurance Vice President Salary 14 - 21 years exp. (23 salaries)	₹22.3 L/yr - ₹43 L/yr 50% less
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SBI Life Insurance Company Vice President Salary 10 - 20 years exp. (18 salaries)	₹20 L/yr - ₹62 L/yr 37% less
HDFC Life Vice President Salary 12 - 27 years exp. (18 salaries)	₹26 L/yr - ₹72 L/yr 28% less	4 job openings
Tata AIA Life Insurance Vice President Salary 15 - 20 years exp. (10 salaries)	₹31 L/yr - ₹97 L/yr 9% more	4 job openings
Future Generali India Life Insurance Vice President Salary 18 - 27 years exp. (9 salaries)	₹30 L/yr - ₹54 L/yr 40% less
Bajaj Allianz Life Insurance Vice President Salary 14 - 21 years exp. (8 salaries)	₹42 L/yr - ₹73 L/yr 20% less
Axis Max Life Insurance Vice President Salary 17 - 23 years exp. (6 salaries)	₹32 L/yr - ₹79 L/yr 21% less
Aditya Birla Health Insurance Co Vice President Salary 14 - 20 years exp. (5 salaries)	₹51 L/yr - ₹97 L/yr 27% more
ICICI Prudential Life Insurance Vice President Salary 18 - 20 years exp. (4 salaries)	₹32 L/yr - ₹38 L/yr 44% less
Marsh Vice President Salary 5 - 15 years exp. (3 salaries)	₹25.7 L/yr - ₹37 L/yr 61% less
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Bharti AXA Life Insurance Vice President Salary 15 - 19 years exp. (3 salaries)	₹74.9 L/yr - ₹98 L/yr 31% more

Vice President salary at Swiss Re ranges between ₹45 Lakhs to ₹75.5 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of Swiss Re.

Experience wise Swiss Re Vice President salaries in Mumbai

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹45 L/yr - ₹1.1 Cr/yr
12 years (AmbitionBox Estimate)	₹25.8 L/yr - ₹66 L/yr
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13 years (AmbitionBox Estimate)	₹62.4 L/yr - ₹69 L/yr
14 years (AmbitionBox Estimate)	₹63.5 L/yr - ₹70.2 L/yr
15+ years (4 salaries)	₹55 L/yr - ₹75.5 L/yr

Similar Designation salaries in Swiss Re

Assistant Vice President Salary

(7 salaries)

₹15.45 L/yr - ₹36 L/yr

Salary related reviews for Swiss Re

Vice President in Bangalore / Bengaluru

Finance & Accounting Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

Nothing much…it’s too gender biased towards females..promotions / new job postings / compensation are all in favour of women…men stand to lose out & have no career opportunities

Dislikes

Too political & controlled completely by Zurich office.. management in BLR has no control over the decisions taken in BLR..

Salary - Bad

+6 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

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

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Swiss Re Vice President Salary FAQs

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

The average salary of a Vice President at Swiss Re in Mumbai typically ranges from ₹45.0 Lakhs to ₹75.5 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of Vice President in Mumbai at Swiss Re earn more than ₹75.5 Lakhs per year, and the top 1% earn over ₹75.5 Lakhs per year. 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 Vice President at Swiss Re in Mumbai?

The estimated take-home salary of a Vice President at Swiss Re in Mumbai typically ranges from ₹3,76,755 to ₹3,89,271 per month. This is based on the average salary range of ₹45.0 Lakhs to ₹75.5 Lakhs per year for employees with experience ranging from 11 years to 20 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 Vice President in India?

Bharti AXA Life Insurance	₹74.9 Lakhs to ₹98.0 Lakhs per year
Aditya Birla Health Insurance Co	₹51.0 Lakhs to ₹97.0 Lakhs per year
Tata AIA Life Insurance	₹31.0 Lakhs to ₹97.0 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 Vice President in companies similar to Swiss Re in Mumbai?

The salary of a 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:

Bajaj Allianz Life Insurance	₹42.0 Lakhs to ₹73.0 Lakhs per year
Axis Max Life Insurance	₹32.0 Lakhs to ₹79.0 Lakhs per year
HDFC Life	₹26.0 Lakhs to ₹72.0 Lakhs per year
SBI Life Insurance Company	₹20.0 Lakhs to ₹62.0 Lakhs per year
Future Generali India Life Insurance	₹30.0 Lakhs to ₹54.0 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 Vice President at Swiss Re in Mumbai?

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

Experience	Average Salary Range
11 years	₹45.0 Lakhs to ₹114.0 Lakhs per year
12 years	₹25.8 Lakhs to ₹66.0 Lakhs per year
13 years	₹62.4 Lakhs to ₹69.0 Lakhs per year
14 years	₹63.5 Lakhs to ₹70.2 Lakhs per year

and so on.

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Swiss Re Vice President Salaries in Mumbai

Swiss Re Vice President salary in Mumbai ranges between ₹45 Lakhs to ₹75.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Swiss Re latest salaries received from various employees of Swiss Re.