Tata AIG Mumbai Assistant Vice President Salaries by 8 Employees (Updated 2025)

9 - 17 years exp.

₹20 Lakhs - ₹40 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% less than the average Assistant Vice President Salary in Insurance Companies for 9 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 11 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹33 L/yr
Finance & Accounting Assistant Vice President Salary 9 - 13 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹26 L/yr
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Sales & Business Development Assistant Vice President Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹21.9 L/yr - ₹32.5 L/yr

Last Updated: 3 Apr 2025

Companies similar to Tata AIG for Assistant Vice President in Mumbai

Tata AIG Assistant Vice President Salary

9 - 17 years exp. (8 salaries)

₹20 L/yr - ₹40 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Assistant Vice President Salary 14 - 22 years exp. (42 salaries)	₹19.2 L/yr - ₹51 L/yr 40% more	5 job openings
HDFC Life Assistant Vice President Salary 13 - 24 years exp. (16 salaries)	₹22.2 L/yr - ₹52 L/yr 34% more	1 job opening
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Aditya Birla Health Insurance Co Assistant Vice President Salary 8 - 20 years exp. (10 salaries)	₹32.5 L/yr - ₹59 L/yr 52% more
SBI General Insurance Assistant Vice President Salary 11 - 20 years exp. (9 salaries)	₹18.2 L/yr - ₹34.9 L/yr 14% more
ICICI Lombard General Insurance Company Assistant Vice President Salary 10 - 17 years exp. (7 salaries)	₹14.2 L/yr - ₹31 L/yr 9% less
Aditya Birla Sun Life Insurance Assistant Vice President Salary 10 - 20 years exp. (7 salaries)	₹40 L/yr - ₹56 L/yr 67% more
Reliance General Insurance Assistant Vice President Salary 16 - 23 years exp. (7 salaries)	₹14.5 L/yr - ₹38 L/yr 14% less
Gallagher Assistant Vice President Salary 9 - 16 years exp. (5 salaries)	₹20 L/yr - ₹26 L/yr 10% less
Marsh Assistant Vice President Salary 7 - 12 years exp. (4 salaries)	₹19.5 L/yr - ₹23 L/yr 25% less
Reliance Nippon Life Insurance Assistant Vice President Salary 5 - 20 years exp. (4 salaries)	₹15 L/yr - ₹31 L/yr 12% less
Canara HSBC Life Insurance Assistant Vice President Salary 12 - 20 years exp. (3 salaries)	₹28 L/yr - ₹40 L/yr 9% more	1 job opening
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Assistant Vice President salary at Tata AIG ranges between ₹20 Lakhs to ₹40 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Tata AIG.

Experience wise Tata AIG Assistant Vice President salaries in Mumbai

Last Updated: 3 Apr 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹23.4 L/yr - ₹29.9 L/yr
10 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹30 L/yr
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11 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹30.1 L/yr
12 years (AmbitionBox Estimate)	₹23.6 L/yr - ₹30.1 L/yr
13 years (AmbitionBox Estimate)	₹23.6 L/yr - ₹30.2 L/yr
14 years (AmbitionBox Estimate)	₹23.7 L/yr - ₹30.2 L/yr
15+ years (AmbitionBox Estimate)	₹23.8 L/yr - ₹30.4 L/yr

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Similar Designation salaries in Tata AIG

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(18 salaries)

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Senior Software Engineer Salary

(7 salaries)

₹15 L/yr - ₹25 L/yr

Test Lead Salary

(4 salaries)

₹5.5 L/yr - ₹27 L/yr

Team Lead Salary

(3 salaries)

₹1.5 L/yr - ₹5.8 L/yr

Lead Engineer Salary

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₹38.83 L/yr - ₹40 L/yr

Salary related reviews for Tata AIG

Software Engineer in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

1.0

• posted on 16 Aug 2024

1.0

for Salary and Benefits

Likes

Only its Hybrid and weekends off, because it’s one of the worst companies.

Dislikes

Everything let’s listed 1. Salary - They don’t have any salary bands like product based companies have. New trainee earn double of Software Engineer with 3 yrs of experience. 2. Office politics is more than Indian politics here and favouritism. 3. No skill enhancement. No new tech stack and learning here.

Salary - Bad

+4 more

Project Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 10 Jul 2023

3.0

for Salary and Benefits

Likes

If you're a genuine and consistency worker and dedicated mind the TATA AIG is the perfect company to work and grow.Best work environment good support management to learn and excute your skills.

Skill development - Excellent

+5 more

Dislikes

Comparing mid level employee salary with other companies it comes little less package.

Team Manager in Ranchi

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 11 Jan 2025

3.0

for Salary and Benefits

Likes

You will be backed by seniors.. even if you are from ground level ..your voice and opinion will matter... HR is still good and have some ethics. There is growth oppertunity if you can fight for the same...

Skill development - Excellent

+4 more

Dislikes

The company these days is strictly into cost cutting.. since there are many old employees ..there is a lobby system.. The upraisal is very low ...

Channel Manager in Kanpur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 25 Nov 2024

5.0

for Salary and Benefits

Likes

Salary growth and employee policy

Salary - Excellent

+4 more

Dislikes

ASM have very bad attitude also they dint like any management candidate. They are real life rakshash. !!Beware of brijesh sharma aka tuttal wo drink krne k bad badata hai!! ASM h wo

Work satisfaction - Bad

+1 more

Senior Manager in Mumbai

Full Time

Other Department

3.0

• posted on 30 May 2024

3.0

for Salary and Benefits

Likes

Salary compensation is good for MBA graduates, it can be a good start for a career for those interested in insurance industry

Job security - Excellent

Dislikes

Working as a retail health underwriter there was no work life balance, month ends are always hectic, team politics, feeling of being left out in terms of work it seemed like only specific people in the team are giving importance and projects rest will do the mundane work. No leadership to look upto,even when changed the team

Work satisfaction - Poor

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Tata AIG Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Tata AIG in Mumbai?

The average salary of a Assistant Vice President at Tata AIG in Mumbai typically ranges from ₹20.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 9 years to 17 years).

The top 10% of Assistant Vice President in Mumbai at Tata AIG earn more than ₹37.9 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Assistant Vice President Salaries at Tata AIG 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 8 Tata AIG employees in India.

What is the estimated take home salary of a Assistant Vice President at Tata AIG in Mumbai?

The estimated take-home salary of a Assistant Vice President at Tata AIG in Mumbai typically ranges from ₹1,65,035 to ₹1,71,361 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 9 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 8 salaries received from various employees of Tata AIG. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tata AIG for Assistant Vice President in India?

Aditya Birla Sun Life Insurance	₹40.0 Lakhs to ₹56.0 Lakhs per year
Aditya Birla Health Insurance Co	₹32.5 Lakhs to ₹59.0 Lakhs per year
Tata AIA Life Insurance	₹19.2 Lakhs to ₹51.0 Lakhs per year
HDFC Life	₹22.2 Lakhs to ₹52.0 Lakhs per year
SBI General Insurance	₹18.2 Lakhs to ₹34.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tata AIG, depending on the role and experience level.

What is the salary of a Assistant Vice President in companies similar to Tata AIG in Mumbai?

The salary of a Assistant Vice President at companies similar to Tata AIG in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara HSBC Life Insurance	₹28.0 Lakhs to ₹40.0 Lakhs per year
ICICI Lombard General Insurance Company	₹14.2 Lakhs to ₹31.0 Lakhs per year
Gallagher	₹20.0 Lakhs to ₹26.0 Lakhs per year
Reliance Nippon Life Insurance	₹15.0 Lakhs to ₹31.0 Lakhs per year
Reliance General Insurance	₹14.5 Lakhs to ₹38.0 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 Assistant Vice President at Tata AIG in Mumbai?

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

Experience	Average Salary Range
9 years	₹23.4 Lakhs to ₹29.9 Lakhs per year
10 years	₹23.5 Lakhs to ₹30.0 Lakhs per year
11 years	₹23.5 Lakhs to ₹30.1 Lakhs per year
12 years	₹23.6 Lakhs to ₹30.1 Lakhs per year

and so on.

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Tata AIG Assistant Vice President Salaries in Mumbai

Tata AIG Assistant Vice President salary in Mumbai ranges between ₹20 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Tata AIG latest salaries received from various employees of Tata AIG.