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Tata AIG AVP salaries in Mumbai

Annual salary range
15 - 20 years exp.
₹18 Lakhs - ₹25 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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24% less than the average AVP Salary in Insurance Companies for 15 - 20 years of experience

Interested in this particular role?

Last Updated: 6 Jun 2024

Companies similar to Tata AIG for AVP in Mumbai

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Tata AIG AVP Salary

15 - 20 years exp. (4 salaries)

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₹18 L/yr - ₹25 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹16 L/yr - ₹39 L/yr

arrow icon 17% more
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HDFC Life AVP Salary

13 - 20 years exp. (12 salaries)

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₹25 L/yr - ₹60.5 L/yr

arrow icon 66% more
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SBI Life Insurance Company AVP Salary

12 - 18 years exp. (10 salaries)

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₹15 L/yr - ₹26.2 L/yr

arrow icon 5% less
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Reliance Nippon Life Insurance AVP Salary

13 - 20 years exp. (7 salaries)

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₹20 L/yr - ₹33 L/yr

At par
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Aditya Birla Sun Life Insurance AVP Salary

8 - 14 years exp. (4 salaries)

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₹29 L/yr - ₹40.5 L/yr

arrow icon 51% more
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Aditya Birla Health Insurance Co AVP Salary

10 - 15 years exp. (3 salaries)

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₹31 L/yr - ₹36 L/yr

arrow icon 47% more
AVP salary at Tata AIG ranges between ₹18 Lakhs to ₹25 Lakhs per year for employees with experience between 15 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Tata AIG.

Latest annual salaries shared by Tata AIG AVP in Mumbai

10mo ago
₹25 Lakhs
20 years exp.
1y ago
₹18 Lakhs
15 years exp.

Experience wise Tata AIG AVP salaries in Mumbai

Last Updated: 6 Jun 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹18 L/yr - ₹25 L/yr

Similar Designation salaries in Tata AIG

Deputy Manager Salary
(200 salaries)
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₹2.6 L/yr - ₹7.88 L/yr
Chief Manager Salary
(147 salaries)
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₹10 L/yr - ₹25.2 L/yr
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₹1.1 L/yr - ₹4.2 L/yr
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₹11.26 L/yr - ₹38 L/yr
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₹1.15 L/yr - ₹3.7 L/yr
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₹4.2 L/yr - ₹16.73 L/yr
Product Manager Salary
(42 salaries)
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₹6.72 L/yr - ₹22 L/yr
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₹13 L/yr - ₹20 L/yr
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₹1.7 L/yr - ₹3.25 L/yr
Sales Executive Salary
(10 salaries)
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₹1.35 L/yr - ₹3.8 L/yr

Salary related reviews for Tata AIG

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...

read more
  • 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 ...

read more

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 01 Oct 2023

3.0
 for  Salary and Benefits

Likes

Culture of the organisation is very good Infrastructure and Facilities provided by the management is top notch in the industry Benefit of working in a hybrid model for need based roles

read more
  • Skill development - Good
  • +3 more

Dislikes

Salary is not upto the market rate for profile if you start as a Management Trainee Appraisal is not as per the expectation even after getting the best rating

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Aug 2023

3.0
 for  Salary and Benefits

Likes

Lots of learning and training and developement. If work-life balance is maintained, such learning can be taken advantage of. Always something new to learn, you’ll gain a lot of knowledge.

read more
  • Skill development - Good
  • +1 more

Dislikes

...e. Bosses call you after and before work hours as well and on off-days as well. No overtime pay even when you work overtime every other day. Appraisal was done in a very biased way. KPIs were not designed properly and scores were very skewed.

read more
  • Promotions - Bad
  • +3 more

Full Time

 · 

Healthcare & Life Sciences Department

3.0
  •  posted on 04 May 2022

1.0
 for  Salary and Benefits

Likes

Job Security , Brand Value in the market.

  • Job security - Excellent

Dislikes

..., moreover the work piles up as your designation (For the namesake) increases. 1) The company gives less than average hike for deserving candidates and pays higher salary for lateral Joinees. 2) Only old established people who are mid aged/old aged with more than 15 years in same firm are working at same position and their leadership style is such that they think they are the part owner of the TATA GROUP. 3) Lots of internal politics and only bootlickers Or supervisor's favourite people are promoted, that too with growth of 3-5% on promotion. 4) Company mostly runs on the good will of the TATA GROUP with majority of policyholder having faith in the name of TATA. 5) Extremely slow growth with terrible workload in claims team. 6) Sick aged people working in the same department/role for last 15+ years dictates how things will work as per their wish and command. 7) Please join if salary offered is more than your expectation, otherwise you will trapped in vicious cycle of Politics/ peanut hikes / depressing workload.

read more
  • Salary - Bad
  • +3 more

Finance & Accounting Department

4.0
  •  posted on 05 Jun 2022

3.0
 for  Salary and Benefits

Likes

I think top most thing I like here is the job security. Even in COVID19 setuation no worker lost thier job and not faced any cutoff in pay. Work culture of a company is very good, we have supportive seniors and colleagues.

read more
  • Job security - Excellent
  • +1 more
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Tata AIG AVP Salary FAQs

What is the salary of AVP at Tata AIG in Mumbai?
The average salary of a AVP at Tata AIG in Mumbai typically ranges from ₹18.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 15 years to 20 years).

The top 10% of AVP in Mumbai at Tata AIG earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. AVP 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 4 Tata AIG employees in India.
What is the estimated take home salary of a AVP at Tata AIG in Mumbai?
The estimated take-home salary of a AVP at Tata AIG in Mumbai typically ranges from ₹1,46,279 to ₹1,51,756 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 15 years to 20 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 4 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 AVP in India?
HDFC Life ₹25.0 Lakhs to ₹60.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹29.0 Lakhs to ₹40.5 Lakhs per year
Aditya Birla Health Insurance Co ₹31.0 Lakhs to ₹36.0 Lakhs per year
ICICI Lombard General Insurance Company ₹16.0 Lakhs to ₹39.0 Lakhs per year
Reliance Nippon Life Insurance ₹20.0 Lakhs to ₹33.0 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 AVP in companies similar to Tata AIG in Mumbai?
The salary of a AVP at companies similar to Tata AIG in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹15.0 Lakhs to ₹26.2 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 AVP at Tata AIG in Mumbai?
The salary growth for a AVP at Tata AIG in Mumbai depends on factors such as experience, performance, and promotions. On average, a AVP in Mumbai can expect the following growth trajectory at Tata AIG:

Experience Average Salary Range
15 years ₹18.0 Lakhs to ₹25.0 Lakhs per year
and so on.

Tell us how to improve this page.

Tata AIG AVP salary in Mumbai ranges between ₹18 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Tata AIG latest salaries received from various employees of Tata AIG.