Tata AIA Life Insurance Mumbai Insurance Manager Salaries by 3 Employees (Updated 2025)

5 - 9 years exp.

₹4.3 Lakhs - ₹7.7 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Insurance Manager Salary in Insurance Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.3 L/yr
Customer Success, Service & Operations Insurance Manager Salary 9 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹7.7 L/yr
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Sales & Business Development Insurance Manager Salary 5 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.8 L/yr

Last Updated: 24 Jan 2025

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

Tata AIA Life Insurance Insurance Manager Salary

5 - 9 years exp. (3 salaries)

₹4.3 L/yr - ₹7.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Insurance Manager Salary 1 - 6 years exp. (6 salaries)	₹2.7 L/yr - ₹5.5 L/yr 28% less
Max Life Insurance Insurance Manager Salary 2 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.9 L/yr 27% less
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Bajaj Allianz Life Insurance Insurance Manager Salary 1 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹6 L/yr 26% less
Kotak Mahindara Life Insurance Insurance Manager Salary 1 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹3.8 L/yr 28% less
Siemens Financial Services Insurance Manager Salary 14 - 18 years exp. (4 salaries)	₹7.5 L/yr - ₹10 L/yr 74% more

Insurance Manager salary at Tata AIA Life Insurance ranges between ₹4.3 Lakhs to ₹7.7 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Insurance Manager salaries in Mumbai

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7.7 L/yr

Similar Designation salaries in Tata AIA Life Insurance

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₹6 L/yr - ₹15 L/yr

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Area Sales Manager Salary

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₹6.5 L/yr - ₹8.5 L/yr

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₹4 L/yr - ₹5.5 L/yr

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₹2 L/yr - ₹8 L/yr

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₹6.55 L/yr - ₹7.2 L/yr

Salary related reviews for Tata AIA Life Insurance

Relationship Manager in Hyderabad / Secunderabad

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..

Salary - Bad

+1 more

Relationship Manager in Bangalore / Bengaluru

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

Salary - Bad

+3 more

Territory Sales Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Dec 2023

1.0

for Salary and Benefits

Likes

They follow the message received from top end, not even understanding possibility,situation and reality

Dislikes

...ouritism and internal politics, even top performance with 250% achievement also not even get any promotion, increment,bonus from this TATA AIA, this kind of work culture will ruin brand name soon.

Salary - Bad

+3 more

Relationship Manager in Gurgaon Sector 14

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.

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.

Relationship Manager in Mumbai

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.

Salary - Excellent

+6 more

Dislikes

There is 2 months notice period criteria for confirmed employees.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Tata AIA Life Insurance Insurance Manager Salary FAQs

What is the notice period for Insurance Manager at Tata AIA Life Insurance in Mumbai?

According to AmbitionBox, 67% of the Tata AIA Life Insurance Insurance Managers in Mumbai reported a notice period of 15 days or less, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Tata AIA Life Insurance Insurance Manager Salaries in Mumbai

Tata AIA Life Insurance Insurance Manager salary in Mumbai ranges between ₹4.3 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.