Tata AIG Mumbai Credit Risk Manager Salaries by 4 Employees (Updated 2024)

3 - 9 years exp.

₹5.9 Lakhs - ₹11 Lakhs

Salary of majority employees

41% less than the average Credit Risk Manager Salary in Insurance Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Risk Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹11 L/yr
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Risk Management & Compliance Credit Risk Manager Salary 9 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.1 L/yr

Last Updated: 13 Dec 2023

Companies similar to Tata AIG for Credit Risk Manager in Mumbai

Tata AIG Credit Risk Manager Salary

3 - 9 years exp. (4 salaries)

₹5.9 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Risk Manager Salary 0 - 6 years exp. (32 salaries)	₹8 L/yr - ₹25 L/yr 136% more
Yes Bank Credit Risk Manager Salary 1 - 11 years exp. (24 salaries)	₹5.5 L/yr - ₹15 L/yr 26% more
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HDFC Bank Credit Risk Manager Salary 1 - 8 years exp. (20 salaries)	₹5.5 L/yr - ₹20 L/yr 79% more
Kotak Mahindra Bank Credit Risk Manager Salary 1 - 7 years exp. (14 salaries)	₹5.2 L/yr - ₹14 L/yr 23% more
L&T Finance Credit Risk Manager Salary 2 - 5 years exp. (8 salaries)	₹7.4 L/yr - ₹12.3 L/yr 22% more

Credit Risk Manager salary at Tata AIG ranges between ₹5.9 Lakhs to ₹11 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Tata AIG.

Experience wise Tata AIG Credit Risk Manager salaries in Mumbai

Last Updated: 13 Dec 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

Similar Designation salaries in Tata AIG

Deputy Manager Salary

(217 salaries)

₹2.6 L/yr - ₹8.55 L/yr

Chief Manager Salary

(139 salaries)

₹9.55 L/yr - ₹25.2 L/yr

Relationship Manager Salary

(97 salaries)

₹2.3 L/yr - ₹7.1 L/yr

Credit Underwriter Salary

(4 salaries)

₹11 L/yr - ₹11.7 L/yr

Officer Salary

(4 salaries)

₹2.1 L/yr - ₹3 L/yr

Salary related reviews for Tata AIG

Chief Manager in Goregaon

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

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

Relationship Manager in Bangalore / Bengaluru

Full Time

Axis Branch Banking Department

4.0

• posted on 26 Aug 2022

3.0

for Salary and Benefits

Likes

Tata AIG is employee friendly company and gives time to learn and build our career. It has a brand and Claim settlement is good where most of the customers and channel partners prefer to take Tata Aig policy

Dislikes

There is no proper salary hikes for the employees working in the organization since very long. The work which we do is not worth for the salary we are getting. Appraisals are not given as per hardwork and business numbers. Also very often we get IT issues or pan india portal locks due to any one persons mistake where all as to suffer

Relationship Manager in Jodhpur

Sales & Service Department

4.0

• posted on 15 May 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.

Dislikes

On the job training is not given to new joinees

Deputy Manager in Gorakhpur

Sales & Service Department

4.0

• posted on 09 May 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good but little bit of changes are required, appraisals are fair and they give almost good salary hike and bonus every year.

Dislikes

Career growth is slow

Relationship Manager in Sultanpur

BFSI, Investments & Trading Department

5.0

• posted on 16 May 2021

4.0

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.

Dislikes

Nothing one

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Tata AIG Credit Risk Manager Salary FAQs

What is the salary of Credit Risk Manager at Tata AIG Mumbai?

Credit Risk Manager salary at Tata AIG in Mumbai ranges between ₹5.9 Lakhs to ₹11.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 41% less than the average Credit Risk Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Tata AIG Mumbai.

How does the salary of a Credit Risk Manager at Tata AIG Mumbai compare with the average salary range for this job?

The average salary of a Credit Risk Manager at Tata AIG is 41% less than the average salary of a Credit Risk Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Tata AIG to a Credit Risk Manager in Mumbai?

ICICI Bank Credit Risk Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
HDFC Bank Credit Risk Manager Salary - ₹5.5 Lakhs to ₹20.0 Lakhs per year
Yes Bank Credit Risk Manager Salary - ₹5.5 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Credit Risk Manager Salary - ₹5.2 Lakhs to ₹14.0 Lakhs per year
L&T Finance Credit Risk Manager Salary - ₹7.4 Lakhs to ₹12.3 Lakhs per year

What is the estimated take home salary of a Credit Risk Manager at Tata AIG in Mumbai?

The estimated take-home salary of a Credit Risk Manager at Tata AIG ranges between ₹54,678 per month to ₹56,044 per month in Mumbai. The take-home salary calculation is based on the average Tata AIG Credit Risk Manager salary in India which ranges between ₹5.9 Lakhs to ₹11.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Risk Manager at Tata AIG in Mumbai?

According to AmbitionBox, 50% of the Tata AIG Credit Risk Managers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Tata AIG Credit Risk Manager Salaries in Mumbai

Tata AIG Credit Risk Manager salary in Mumbai ranges between ₹5.9 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata AIG latest salaries received from various employees of Tata AIG.