Tata Motors Insurance Broking And Advisory Services Area Manager Salaries by 4 Employees

10 - 16 years exp.

₹6.5 Lakhs - ₹8.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% less than the average Area Manager Salary in Insurance Companies for 10 - 16 years of experience

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Last Updated: 31 Jan 2024

Companies similar to Tata Motors Insurance Broking And Advisory Services for Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Area Manager Salary 6 - 17 years exp. (211 salaries)	₹5 L/yr - ₹16.5 L/yr 31% more
Tata AIA Life Insurance Area Manager Salary 6 - 17 years exp. (179 salaries)	₹6 L/yr - ₹17.7 L/yr 53% more	1 job opening
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Aditya Birla Insurance Brokers Area Manager Salary 2 - 9 years exp. (11 salaries)	₹4.5 L/yr - ₹6.3 L/yr 29% less
Smc Insurance Brokers Area Manager Salary 5 - 12 years exp. (9 salaries)	₹5 L/yr - ₹6.5 L/yr 22% less
Robinhood Insurance Broker Area Manager Salary 8 - 18 years exp. (8 salaries)	₹6.6 L/yr - ₹15 L/yr 28% more
Kotak Mahindra General Insurance Area Manager Salary 11 - 13 years exp. (5 salaries)	₹10.3 L/yr - ₹17 L/yr 63% more
Spectrum Insurance Distribution Area Manager Salary 4 - 17 years exp. (5 salaries)	₹3.7 L/yr - ₹11 L/yr 2% more

Area Manager salary at Tata Motors Insurance Broking And Advisory Services ranges between ₹6.5 Lakhs to ₹8.6 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Tata Motors Insurance Broking And Advisory Services.

Experience wise Tata Motors Insurance Broking And Advisory Services Area Manager salaries

Last Updated: 31 Jan 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.4 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.6 L/yr
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12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
13 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
15+ years (AmbitionBox Estimate)	₹7.5 L/yr - ₹13.7 L/yr

View all

Similar Designation salaries in Tata Motors Insurance Broking And Advisory Services

Branch Manager Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.3 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹6.2 L/yr - ₹7.9 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for Tata Motors Insurance Broking And Advisory Services

Exim Assistant in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 28 Dec 2022

4.0

for Salary and Benefits

Likes

There are various things to like and learn good things. Like about health benefits, children behavior, doctors consultation, playing games, education related, and the extra activities like party so on I really enjoy the company and be a part of TMIBASL.

Salary - Good

+5 more

Dislikes

Nothing as now.

Assistant Manager - Business Operations Revenue in Mumbai

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5.0

• posted on 14 Dec 2024

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Senior Manager in Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 27 Feb 2019

5.0

for Salary and Benefits

Likes

I have completed 8 years...for working women the company is extremely flexible and puts family first. We are proud of the Tata Logo therefore we function ethically and have no tolerance for unethical and unprofessional practices. We have an excellent Senior Management Team who has a clear vision of taking the organisation forward towards an upward growth.

Salary - Excellent

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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 Motors Insurance Broking And Advisory Services Area Manager Salary FAQs

What is the salary of Area Manager at Tata Motors Insurance Broking And Advisory Services ?

The average salary of a Area Manager at Tata Motors Insurance Broking And Advisory Services in India typically ranges from ₹6.5 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Area Manager at Tata Motors Insurance Broking And Advisory Services earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Area Manager Salaries at Tata Motors Insurance Broking And Advisory Services 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 Motors Insurance Broking And Advisory Services employees in India.

What is the estimated take home salary of a Area Manager at Tata Motors Insurance Broking And Advisory Services in India?

The estimated take-home salary of a Area Manager at Tata Motors Insurance Broking And Advisory Services in India typically ranges from ₹55,895 to ₹57,296 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 10 years to 16 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 Motors Insurance Broking And Advisory Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tata Motors Insurance Broking And Advisory Services for Area Manager in India?

Kotak Mahindra General Insurance	₹10.3 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance	₹6.0 Lakhs to ₹17.7 Lakhs per year
Bajaj Allianz Life Insurance	₹5.0 Lakhs to ₹16.5 Lakhs per year
Robinhood Insurance Broker	₹6.6 Lakhs to ₹15.0 Lakhs per year
Spectrum Insurance Distribution	₹3.7 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tata Motors Insurance Broking And Advisory Services, depending on the role and experience level.

What is the salary of a Area Manager in companies similar to Tata Motors Insurance Broking And Advisory Services in India?

The salary of a Area Manager at companies similar to Tata Motors Insurance Broking And Advisory Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Smc Insurance Brokers	₹5.0 Lakhs to ₹6.5 Lakhs per year
Aditya Birla Insurance Brokers	₹4.5 Lakhs to ₹6.3 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 Area Manager at Tata Motors Insurance Broking And Advisory Services in India?

The salary growth for a Area Manager at Tata Motors Insurance Broking And Advisory Services depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at Tata Motors Insurance Broking And Advisory Services:

Experience	Average Salary Range
10 years	₹6.5 Lakhs to ₹13.4 Lakhs per year
11 years	₹3.0 Lakhs to ₹8.6 Lakhs per year
12 years	₹6.7 Lakhs to ₹8.6 Lakhs per year
13 years	₹6.8 Lakhs to ₹8.7 Lakhs per year

and so on.

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Tata Motors Insurance Broking And Advisory Services Area Manager Salaries

Tata Motors Insurance Broking And Advisory Services Area Manager salary in India ranges between ₹6.5 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata Motors Insurance Broking And Advisory Services latest salaries received from various employees of Tata Motors Insurance Broking And Advisory Services.

Tata Motors Insurance Broking And Advisory Services Area Manager salaries in India

Companies similar to Tata Motors Insurance Broking And Advisory Services for Area Manager

Latest annual salaries shared by Tata Motors Insurance Broking And Advisory Services Area Manager

Experience wise Tata Motors Insurance Broking And Advisory Services Area Manager salaries

Similar Designation salaries in Tata Motors Insurance Broking And Advisory Services

Salary related reviews for Tata Motors Insurance Broking And Advisory Services

Exim Assistant in Mumbai

Assistant Manager - Business Operations Revenue in Mumbai

Senior Manager in Mumbai

Tata Motors Insurance Broking And Advisory Services Area Manager Salary FAQs

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