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Tata AIA Life Insurance Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
2 - 17 years exp.
₹4.2 Lakhs - ₹18 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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22% more than the average Assistant Manager Salary in Insurance Companies for 2 - 17 years of experience

Interested in this particular role? 29 job openings

Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
2 - 17 years exp. (85 salaries)
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₹4 L/yr - ₹12.7 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
3 - 17 years exp. (77 salaries)
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₹4.3 L/yr - ₹15.3 L/yr

Finance & Accounting
Assistant Manager Salary
3 - 15 years exp. (22 salaries)
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₹4.5 L/yr - ₹18 L/yr

Sales & Business Development
Assistant Manager Salary
3 - 13 years exp. (17 salaries)
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₹3.5 L/yr - ₹12 L/yr

Healthcare & Life Sciences
Assistant Manager Salary
4 - 12 years exp. (15 salaries)
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₹6 L/yr - ₹12.5 L/yr

View all

Last Updated: 4 Apr 2025

Companies similar to Tata AIA Life Insurance for Assistant Manager in Mumbai

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Tata AIA Life Insurance Assistant Manager Salary

2 - 17 years exp. (315 salaries)

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₹4.2 L/yr - ₹18 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.6 L/yr

arrow icon 63% less
1 job opening
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₹3 L/yr - ₹7 L/yr

arrow icon 47% less
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₹3 L/yr - ₹9.5 L/yr

arrow icon 44% less
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₹4 L/yr - ₹11 L/yr

arrow icon 28% less
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₹1.9 L/yr - ₹6.2 L/yr

arrow icon 55% less
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₹2.9 L/yr - ₹8.2 L/yr

arrow icon 51% less
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HDFC Life Assistant Manager Salary

1 - 10 years exp. (88 salaries)

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₹1.7 L/yr - ₹7 L/yr

arrow icon 52% less
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₹2.5 L/yr - ₹8 L/yr

arrow icon 55% less
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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 58% less
22 job openings
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SBI General Insurance Assistant Manager Salary

0 - 11 years exp. (70 salaries)

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₹3.2 L/yr - ₹9 L/yr

arrow icon 57% less
View all
Assistant Manager salary at Tata AIA Life Insurance ranges between ₹4.2 Lakhs to ₹18 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 315 latest salaries received from various employees of Tata AIA Life Insurance.

Latest annual salaries shared by Tata AIA Life Insurance Assistant Manager in Mumbai

6d ago
₹7.5 Lakhs
10 years exp.
6d ago
₹12 Lakhs
3 years exp.
1w ago
₹11.7 Lakhs
15 years exp.
2w ago
₹14 Lakhs
10 years exp.
3w ago
₹8 Lakhs
11 years exp.
3w ago
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17 years exp.
3w ago
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14 years exp.
3w ago
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17 years exp.
3w ago
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9 years exp.
1mo ago
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14 years exp.

Experience wise Tata AIA Life Insurance Assistant Manager salaries in Mumbai

Last Updated: 4 Apr 2025

Experience Avg Annual Salary
2 years  (4 salaries)

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₹4 L/yr - ₹15 L/yr
3 years  (11 salaries)

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₹5 L/yr - ₹16.1 L/yr
4 years  (16 salaries)

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₹4.8 L/yr - ₹16.1 L/yr
5 years  (26 salaries)

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₹4.3 L/yr - ₹18 L/yr
6 years  (28 salaries)

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₹5 L/yr - ₹16.8 L/yr
View all
Tata AIA Life Insurance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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2 - 17 years exp.

Assistant Vice President

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14 - 25 years exp.

Assistant Manager

2 - 17 years exp.
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Manager

3 - 18 years exp.
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arrow icon 67% hike

Senior Manager

8 - 20 years exp.
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arrow icon 58% 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 Tata AIA Life Insurance

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₹2 L/yr - ₹5 L/yr
Sales Manager Salary
(20 salaries)
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₹3.5 L/yr - ₹7.85 L/yr
Branch Manager Salary
(16 salaries)
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₹8 L/yr - ₹15.5 L/yr
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₹10.05 L/yr - ₹15.6 L/yr
Deputy Manager Salary
(5 salaries)
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₹3.2 L/yr - ₹8 L/yr
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₹5.5 L/yr - ₹7.2 L/yr

Top skills at Tata AIA Life Insurance for Assistant Manager

Relationship Management Salesforce Relationship Building Life Insurance MS Office

Salary related reviews for Tata AIA Life Insurance

3.6

Rated by 36 employees for salary & benefits

Assistance Department

1.0
  •  posted on 12 Jun 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Company policies are good and salary hike and bonus every year.

read more
  • Salary - Excellent
  • +4 more

Dislikes

There is a lot of politics and the management doesn't address our issues.on the job training is not given to new joinees.

read more
  • Job security - Bad
  • +1 more

BFSI, Investments & Trading Department

4.0
  •  posted on 15 Jun 2021

3.0
 for  Salary and Benefits

Likes

Good work environment with supportive top management, care for employees with various HR initiatives, appraisal are fare enough, ok salary hike and bonus every year.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Salary is low as compared to industry peers

Bdm Department

1.0
  •  posted on 06 Jun 2018

1.0
 for  Salary and Benefits

Likes

Worst experience. The senior was unprofessional.

Dislikes

The employer was worst he did not pay for the months salary. Never provided with the senior hr mail I'd. Still my one month salary is pending. They just need to abstract your contacts and will throw you out.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 23 Oct 2024

1.0
 for  Salary and Benefits

Likes

Yes

  • Skill development - Excellent
  • +3 more

Dislikes

...en to parents here the employee need to be paid to cover her parents Employees getting minimum salaries and in that minimum salary there is no benefits..

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  • Salary - Bad
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 30 Sep 2024

1.0
 for  Salary and Benefits

Likes

Incentive sharing to the channel Partner Manager are never visit and interact with channel Partner

  • Skill development - Good
  • +2 more

Dislikes

Only bucket 🪣 people get promotion and timing change their salary correction. Than can fire 🔥 employee according to their wishes

read more
  • Salary - Bad
  • +3 more
see more salary related reviews

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Tata AIA Life Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Tata AIA Life Insurance in Mumbai?
The average salary of a Assistant Manager at Tata AIA Life Insurance in Mumbai typically ranges from ₹4.2 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 2 years to 17 years).

The top 10% of Assistant Manager in Mumbai at Tata AIA Life Insurance earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Assistant Manager Salaries at Tata AIA Life 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 300+ Tata AIA Life Insurance employees in India.
What is the estimated take home salary of a Assistant Manager at Tata AIA Life Insurance in Mumbai?
The estimated take-home salary of a Assistant Manager at Tata AIA Life Insurance in Mumbai typically ranges from ₹73,248 to ₹75,140 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 2 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 300+ salaries received from various employees of Tata AIA Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Tata AIA Life Insurance in Mumbai?
To be a Assistant Manager at Tata AIA Life Insurance in Mumbai, the key skills required include:

  • - Relationship Management
  • - Salesforce
  • - Relationship Building
  • - Life Insurance
  • - MS Office

These skills are highly valued at Tata AIA Life Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Tata AIA Life Insurance for Assistant Manager in India?
Gallagher ₹10.0 Lakhs to ₹26.5 Lakhs per year
United India Insurance Company ₹11.0 Lakhs to ₹19.0 Lakhs per year
The New India Assurance Co. ₹11.0 Lakhs to ₹18.0 Lakhs per year
The Oriental Insurance Co. ₹9.0 Lakhs to ₹15.5 Lakhs per year
Marsh ₹6.0 Lakhs to ₹19.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tata AIA Life Insurance, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to Tata AIA Life Insurance in Mumbai?
The salary of a Assistant Manager at companies similar to Tata AIA Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AON Global Insurance Brokers ₹5.0 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz General Insurance ₹5.2 Lakhs to ₹10.0 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹12.0 Lakhs per year
SBI Life Insurance Company ₹4.0 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company ₹3.9 Lakhs to ₹9.3 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 Manager at Tata AIA Life Insurance in Mumbai?
The salary growth for a Assistant Manager at Tata AIA Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Tata AIA Life Insurance:

Experience Average Salary Range
2 years ₹4.0 Lakhs to ₹15.0 Lakhs per year
3 years ₹5.0 Lakhs to ₹16.1 Lakhs per year
4 years ₹4.8 Lakhs to ₹16.1 Lakhs per year
5 years ₹4.3 Lakhs to ₹18.0 Lakhs per year
and so on.

Tell us how to improve this page.

Tata AIA Life Insurance Assistant Manager salary in Mumbai ranges between ₹4.2 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 315 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.