Tata AIA Life Insurance Mumbai Project Manager Salaries by 10+ Employees (Updated 2025)

5 - 12 years exp.

₹14.2 Lakhs - ₹25 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

At par with the average Project Manager Salary in Insurance Companies for 5 - 12 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 5 - 10 years exp. (7 salaries)	₹15 L/yr - ₹25 L/yr
BFSI, Investments & Trading Project Manager Salary 6 - 7 years exp. (3 salaries)	₹15.2 L/yr - ₹20.8 L/yr
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Product Management Project Manager Salary 5 - 12 years exp. (AmbitionBox Estimate)	₹14.2 L/yr - ₹20.9 L/yr

Last Updated: 22 Mar 2025

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

Tata AIA Life Insurance Project Manager Salary

5 - 12 years exp. (13 salaries)

₹14.2 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Project Manager Salary 1 - 10 years exp. (30 salaries)	₹6.6 L/yr - ₹18.3 L/yr 29% less
HDFC Life Project Manager Salary 1 - 12 years exp. (16 salaries)	₹6.6 L/yr - ₹16.5 L/yr 38% less
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SBI General Insurance Project Manager Salary 1 - 11 years exp. (13 salaries)	₹8 L/yr - ₹20.5 L/yr 41% less
HDFC Ergo General Insurance Project Manager Salary 2 - 14 years exp. (12 salaries)	₹10 L/yr - ₹17.6 L/yr 28% less
Kotak Mahindara Life Insurance Project Manager Salary 1 - 15 years exp. (12 salaries)	₹6.5 L/yr - ₹22 L/yr 33% less
ICICI Lombard General Insurance Company Project Manager Salary 1 - 15 years exp. (9 salaries)	₹9.6 L/yr - ₹20 L/yr 28% less
Aditya Birla Health Insurance Co Project Manager Salary 5 - 10 years exp. (6 salaries)	₹12 L/yr - ₹18.4 L/yr 5% less
PNB MetLife Project Manager Salary 4 - 16 years exp. (6 salaries)	₹9 L/yr - ₹12.2 L/yr 44% less
Reliance Nippon Life Insurance Project Manager Salary 4 - 8 years exp. (5 salaries)	₹8 L/yr - ₹18.5 L/yr 35% less
Aditya Birla Sun Life Insurance Project Manager Salary 1 - 8 years exp. (4 salaries)	₹5 L/yr - ₹19.2 L/yr 45% less
SBI Life Insurance Company Project Manager Salary 4 - 17 years exp. (4 salaries)	₹6.8 L/yr - ₹14 L/yr 42% less
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ICICI Prudential Life Insurance Project Manager Salary 2 - 4 years exp. (3 salaries)	₹6 L/yr - ₹8.3 L/yr 60% less

Project Manager salary at Tata AIA Life Insurance ranges between ₹14.2 Lakhs to ₹25 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 13 latest salaries received from various employees of Tata AIA Life Insurance.

Experience wise Tata AIA Life Insurance Project Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr
6 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.5 L/yr
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7 years (3 salaries)	₹15.2 L/yr - ₹24.5 L/yr
8 years (3 salaries)	₹7.4 L/yr - ₹25 L/yr
9 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr
10 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.3 L/yr
11 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.7 L/yr
12 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.1 L/yr

View all

Similar Designation salaries in Tata AIA Life Insurance

Program Manager Salary

(8 salaries)

₹15.89 L/yr - ₹24.6 L/yr

Product Manager Salary

(8 salaries)

₹11 L/yr - ₹32 L/yr

Senior Project Manager Salary

(5 salaries)

₹23 L/yr - ₹42 L/yr

Business Analyst Salary

(4 salaries)

₹9.93 L/yr - ₹13.25 L/yr

Technical Manager Salary

(3 salaries)

₹21.5 L/yr - ₹24 L/yr

Top skills at Tata AIA Life Insurance for Project Manager

Relationship Building Resource Allocation Prince2 ERP Systems PMP FPA JIRA IFRS Project Management

Salary related reviews for Tata AIA Life Insurance

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• posted on 19 Dec 2022

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Pay is ok

Skill development - Excellent

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Bad people mgmt rude managers Existing employees are not valued Not market standard CTC to existing employees nor they do revision To say it's 5 days a week and flexi hours but here it's 7 days a week still abuse to employees strict 9 am login delay then ready for abuses not fixed log out time

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Key Account Manager in New Delhi (working remotely)

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Only they will give you salary .. package . Rest will be in rest in piece

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No work life balance , no timing of work life culture . You will receive call from your seniors at any time till 10:30 pm Don't join the company

Job security - Bad

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• posted on 15 Jan 2025

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+2 more

Dislikes

My CM Karan Bagga was not good , due to him I'm terminated from the organisation in the case of compliance audit ,,all whole sole is responsible for that. All sign documents was check under the supervision of Senior manager. My 4 year career is zero. I'm in the condition to suicide but thanks to my previous TSM Karan Singh who support me in my tuff situation. I would appreciate if this type of suffocating thing will not happen and make sure like My CM should not be working.

Skill development - Poor

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Deputy Key Accounts Manager in Patna

Full Time

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4.0

• posted on 15 Dec 2024

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for Salary and Benefits

Likes

To some extent job security,and salary credited timely..

Dislikes

Salary increment is big issue with the company 2nd local fuel Expense are very complicated 3rd incentive structure are not employee friendly... and management have no time to consider all this things. Upper management are getting their salary revised as they find opportunity,but they are not bother about the middle and lower levels F L S.

Salary - Poor

+1 more

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Full Time

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This platform culture is very lucrative & learning/ skill development are so high. Most satisfaction & higher income opportunity in this platform .

Salary - Excellent

+6 more

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This profession income are pay out . But I looking a job that is salary.

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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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Tata AIA Life Insurance Project Manager Salary FAQs

What is the salary of Project Manager at Tata AIA Life Insurance in Mumbai?

The average salary of a Project Manager at Tata AIA Life Insurance in Mumbai typically ranges from ₹14.2 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Project Manager in Mumbai at Tata AIA Life Insurance earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Project 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 10+ Tata AIA Life Insurance employees in India.

What is the estimated take home salary of a Project Manager at Tata AIA Life Insurance in Mumbai?

The estimated take-home salary of a Project Manager at Tata AIA Life Insurance in Mumbai typically ranges from ₹1,28,304 to ₹1,32,666 per month. This is based on the average salary range of ₹14.2 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 10+ 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 Project Manager at Tata AIA Life Insurance in Mumbai?

To be a Project Manager at Tata AIA Life Insurance in Mumbai, the key skills required include:

- Relationship Building
- Resource Allocation
- Prince2
- ERP Systems
- PMP

These skills are highly valued at Tata AIA Life Insurance and are crucial for successful performance in a Software Engineering role.

What is the salary of a Project Manager in companies similar to Tata AIA Life Insurance in Mumbai?

The salary of a Project 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:

Aditya Birla Health Insurance Co	₹12.0 Lakhs to ₹18.4 Lakhs per year
ICICI Lombard General Insurance Company	₹9.6 Lakhs to ₹20.0 Lakhs per year
HDFC Ergo General Insurance	₹10.0 Lakhs to ₹17.6 Lakhs per year
Bajaj Allianz Life Insurance	₹6.6 Lakhs to ₹18.3 Lakhs per year
Kotak Mahindara Life Insurance	₹6.5 Lakhs to ₹22.0 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 Project Manager at Tata AIA Life Insurance in Mumbai?

The salary growth for a Project Manager at Tata AIA Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Project Manager in Mumbai can expect the following growth trajectory at Tata AIA Life Insurance:

Experience	Average Salary Range
5 years	₹15.7 Lakhs to ₹20.1 Lakhs per year
6 years	₹16.1 Lakhs to ₹20.5 Lakhs per year
7 years	₹15.2 Lakhs to ₹24.5 Lakhs per year
8 years	₹7.4 Lakhs to ₹25.0 Lakhs per year

and so on.

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Tata AIA Life Insurance Project Manager Salaries in Mumbai

Tata AIA Life Insurance Project Manager salary in Mumbai ranges between ₹14.2 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Tata AIA Life Insurance latest salaries received from various employees of Tata AIA Life Insurance.