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

Annual salary range
9 - 19 years exp.
₹8.2 Lakhs - ₹15.5 Lakhs
Salary of majority employees
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13% more than the average Branch Manager Salary in Insurance Companies for 9 - 19 years of experience

Interested in this particular role? 18 job openings

Salaries in different departments

Sales & Business Development
Branch Manager Salary
9 - 19 years exp. (9 salaries)
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₹8.2 L/yr - ₹15.5 L/yr

BFSI, Investments & Trading
Branch Manager Salary
11 - 12 years exp. (3 salaries)
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₹8.3 L/yr - ₹13.2 L/yr

Last Updated: 21 Feb 2025

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

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Tata AIA Life Insurance Branch Manager Salary

9 - 19 years exp. (15 salaries)

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₹8.2 L/yr - ₹15.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Life Branch Manager Salary

6 - 16 years exp. (30 salaries)

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₹5.5 L/yr - ₹12.5 L/yr

arrow icon 24% less
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₹7.2 L/yr - ₹18 L/yr

arrow icon 4% more
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₹5.1 L/yr - ₹11 L/yr

arrow icon 34% less
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₹8 L/yr - ₹11.2 L/yr

arrow icon 13% less
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Axis Max Life Insurance Branch Manager Salary

9 - 18 years exp. (12 salaries)

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₹7.3 L/yr - ₹12.5 L/yr

arrow icon 16% less
3 job openings
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₹6 L/yr - ₹11 L/yr

arrow icon 25% less
2 job openings
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₹8.5 L/yr - ₹11 L/yr

arrow icon 23% less
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PNB MetLife Branch Manager Salary

12 - 18 years exp. (3 salaries)

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₹10 L/yr - ₹12.5 L/yr

arrow icon 7% less
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₹6.5 L/yr - ₹10.2 L/yr

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1 job opening
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₹4.8 L/yr - ₹12 L/yr

arrow icon 32% less
3 job openings
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₹6 L/yr - ₹10.5 L/yr

arrow icon 26% less
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₹5.5 L/yr - ₹7.3 L/yr

arrow icon 47% less
5 job openings
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₹8 L/yr - ₹9.7 L/yr

arrow icon 25% less

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Branch Manager salary at Tata AIA Life Insurance ranges between ₹8.2 Lakhs to ₹15.5 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 15 latest salaries received from various employees of Tata AIA Life Insurance.

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

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18 years exp.
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9 years exp.
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15 years exp.
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16 years exp.
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18 years exp.
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Experience wise Tata AIA Life Insurance Branch Manager salaries in Mumbai

Last Updated: 21 Feb 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹19.7 L/yr
11 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹20.2 L/yr
12 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹15 L/yr
View all

Similar Designation salaries in Tata AIA Life Insurance

Sales Manager Salary
(21 salaries)
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₹3.5 L/yr - ₹7.85 L/yr
Area Manager Salary
(20 salaries)
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₹6 L/yr - ₹17.65 L/yr
Deputy Manager Salary
(6 salaries)
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₹3.2 L/yr - ₹10.5 L/yr
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₹6.55 L/yr - ₹7.2 L/yr

Top skills at Tata AIA Life Insurance for Branch Manager

Agency Sales Agency Sales Life Insurance Branch Management Agency Channel agency development Agency Management Life Insurance Business Development Branch Management Recruitment Performance Management Team Management Sales Process Team Handling

Salary related reviews for Tata AIA Life Insurance

4.1

Rated by 2 employees for salary & benefits

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..

read more
  • 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

Insurance Department

5.0
  •  posted on 21 Aug 2021

5.0
 for  Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good appraisal are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is a bond of 2 years before which you cannot resign.On the job training is not given to new joinees.

read more

Customer Success, Service & Operations Department

5.0
  •  posted on 29 Jun 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is 2 months notice period criteria for confirmed employees.

BFSI, Investments & Trading Department

3.0
  •  posted on 14 Dec 2018

2.0
 for  Salary and Benefits

Likes

Skill development and challenge handling.

  • Skill development - Good

Dislikes

...and poor compensation structure with respect to responsibilities and challenges.Unable to retain quality manpower due to poor salary structure .

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Tata AIA Life Insurance Branch Manager Salary FAQs

What is the salary of Branch Manager at Tata AIA Life Insurance Mumbai?
Branch Manager salary at Tata AIA Life Insurance in Mumbai ranges between ₹8.2 Lakhs to ₹15.5 Lakhs for experience between 9 years to 19 years. According to our estimates it is 13% more than the average Branch Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Tata AIA Life Insurance Mumbai.
How does the salary of a Branch Manager at Tata AIA Life Insurance Mumbai compare with the average salary range for this job?
The average salary of a Branch Manager at Tata AIA Life Insurance is 13% more 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 Tata AIA Life Insurance?
Agency Sales, Agency Sales, Life Insurance, Branch Management and Agency Channel are some of the popular skills required to work as a Branch Manager at Tata AIA Life Insurance Mumbai.
Which similar companies are paying more than Tata AIA Life Insurance to a Branch Manager in Mumbai?
  • ICICI Prudential Life Insurance Branch Manager Salary - ₹7.2 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to Tata AIA Life Insurance in Mumbai?
  • PNB MetLife Branch Manager Salary - ₹10.0 Lakhs to ₹12.5 Lakhs per year
  • SBI Life Insurance Company Branch Manager Salary - ₹8.0 Lakhs to ₹11.2 Lakhs per year
  • Axis Max Life Insurance Branch Manager Salary - ₹7.3 Lakhs to ₹12.5 Lakhs per year
  • Aditya Birla Sun Life Insurance Branch Manager Salary - ₹8.5 Lakhs to ₹11.0 Lakhs per year
  • HDFC Life Branch Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year
What is the estimated take home salary of a Branch Manager at Tata AIA Life Insurance in Mumbai?
The estimated take-home salary of a Branch Manager at Tata AIA Life Insurance ranges between ₹86,307 per month to ₹88,568 per month in Mumbai. The take-home salary calculation is based on the average Tata AIA Life Insurance Branch Manager salary in India which ranges between ₹8.2 Lakhs to ₹15.5 Lakhs per year for employees with experience between 9 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Tata AIA Life Insurance in Mumbai?
According to AmbitionBox, 58% of the Tata AIA Life Insurance Branch Managers in Mumbai reported a notice period of 2 Months, 25% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Tata AIA Life Insurance Branch Manager salary in Mumbai ranges between ₹8.2 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.