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Universal Sompo General Insurance Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
1 - 15 years exp.
₹4.5 Lakhs - ₹9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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21% less than the average Assistant Manager Salary in Insurance Companies for 1 - 15 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Manager Salary
1 - 15 years exp. (13 salaries)
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₹5 L/yr - ₹8.5 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
1 - 6 years exp. (5 salaries)
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₹5.5 L/yr - ₹7.5 L/yr

Legal & Regulatory
Assistant Manager Salary
1 - 7 years exp. (5 salaries)
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₹6.3 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
8 - 12 years exp. (3 salaries)
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₹6.3 L/yr - ₹7.3 L/yr

Administration & Facilities
Assistant Manager Salary
9 - 14 years exp. (3 salaries)
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₹5.9 L/yr - ₹6.5 L/yr

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Last Updated: 16 Mar 2025

Companies similar to Universal Sompo General Insurance for Assistant Manager in Mumbai

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Universal Sompo General Insurance Assistant Manager Salary

1 - 15 years exp. (50 salaries)

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₹4.5 L/yr - ₹9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹9.5 L/yr

arrow icon 14% less
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Medi Assist India Assistant Manager Salary

5 - 14 years exp. (88 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 5% less
2 job openings
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₹4.1 L/yr - ₹12.5 L/yr

arrow icon 27% more
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₹4.4 L/yr - ₹12.2 L/yr

arrow icon 18% more
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₹4 L/yr - ₹8 L/yr

arrow icon 9% less
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₹3.8 L/yr - ₹16.5 L/yr

arrow icon 39% more
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₹4 L/yr - ₹11.1 L/yr

arrow icon 9% more
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₹4.2 L/yr - ₹9 L/yr

arrow icon 8% less
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Aegon Life Insurance Assistant Manager Salary

4 - 15 years exp. (40 salaries)

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₹3.5 L/yr - ₹9.3 L/yr

arrow icon 10% less
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₹1.7 L/yr - ₹6.2 L/yr

arrow icon 41% less
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₹3.5 L/yr - ₹11.5 L/yr

arrow icon 23% more
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Marsh Assistant Manager Salary

0 - 6 years exp. (22 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 75% more
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₹4 L/yr - ₹6.4 L/yr

arrow icon 18% less
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Family Health Plan Assistant Manager Salary

5 - 10 years exp. (13 salaries)

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₹3 L/yr - ₹4.9 L/yr

arrow icon 38% less
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₹4.8 L/yr - ₹9.3 L/yr

arrow icon 1% more
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₹11 L/yr - ₹15.5 L/yr

arrow icon 85% more
Assistant Manager salary at Universal Sompo General Insurance ranges between ₹4.5 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 50 latest salaries received from various employees of Universal Sompo General Insurance.

Latest annual salaries shared by Universal Sompo General Insurance Assistant Manager in Mumbai

3w ago
₹7.5 Lakhs
6 years exp.
3w ago
₹9 Lakhs
2 years exp.
2mo ago
₹6.1 Lakhs
14 years exp.
2mo ago
₹8.5 Lakhs
15 years exp.
3mo ago
₹7 Lakhs
15 years exp.
3mo ago
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6 years exp.
3mo ago
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8 years exp.
4mo ago
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6 years exp.
5mo ago
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3 years exp.
5mo ago
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2 years exp.

Experience wise Universal Sompo General Insurance Assistant Manager salaries in Mumbai

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹2.6 L/yr - ₹7.5 L/yr
2 years  (3 salaries)

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₹5.5 L/yr - ₹9 L/yr
3 years  (4 salaries)

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₹2.6 L/yr - ₹9 L/yr
4 years  (5 salaries)

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₹6 L/yr - ₹8 L/yr
5 years  (5 salaries)

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₹4.5 L/yr - ₹8.8 L/yr
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Universal Sompo General Insurance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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1 - 15 years exp.

Deputy Manager

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6 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Universal Sompo General Insurance

Deputy Manager Salary
(23 salaries)
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₹7 L/yr - ₹12.15 L/yr
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₹3.5 L/yr - ₹5.2 L/yr
Branch Manager Salary
(4 salaries)
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₹11.75 L/yr - ₹14.15 L/yr

Top skills at Universal Sompo General Insurance for Assistant Manager

General Insurance Claims Processing Claims Management Health Insurance Claims Adjudication

Salary related reviews for Universal Sompo General Insurance

3.0

Rated by 8 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Jun 2022

5.0
 for  Salary and Benefits

Likes

I have learnt a lot in USGI like skill development, good environment to work, supportive mangement .

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics from last 1 year and management doesn't address our issue, salary is decent but career growth is slow.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Feb 2023

3.0
 for  Salary and Benefits

Likes

...one month later senior management used to call will fire you, will give lwp etc. You cannot expect anything rather than salary on time. No notice period negotiable policy. Very poor work life balance.

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Dislikes

Anything except salary and friends

  • Job security - Bad
  • +4 more

BFSI, Investments & Trading Department

1.0
  •  posted on 19 Apr 2022

1.0
 for  Salary and Benefits

Likes

Not so much.

Dislikes

Horrible culture. Compensation is horrible. Not enough growth to learn. No new activities. The CIO has zero leadership quality. Unethical behaviour, only think abt himselves no team meeting with any team members during lockdown. Not a great company to look at.

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  • Salary - Bad
  • +5 more

Sales & Business Development Department

5.0
  •  posted on 06 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.

read more
  • Salary - Good
  • +6 more

Dislikes

The employees don't get the local conveyance so it should be provided.

Finance & Accounting Department

5.0
  •  posted on 28 Aug 2018

4.0
 for  Salary and Benefits

Likes

The company is open to innovation and reaily adopts latest technology. I love the fact that I am a part of a team that makes reliable.

read more
  • Salary - Good
  • +6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes,. I have to work 14-18 hours straight in a days as I have to attend clint calls in the evening and sometimes late into the night.

read more
see more salary related reviews

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Universal Sompo General Insurance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Universal Sompo General Insurance in Mumbai?
The average salary of a Assistant Manager at Universal Sompo General Insurance in Mumbai typically ranges from ₹4.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Assistant Manager in Mumbai at Universal Sompo General Insurance earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Assistant Manager Salaries at Universal Sompo General 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 50+ Universal Sompo General Insurance employees in India.
What is the estimated take home salary of a Assistant Manager at Universal Sompo General Insurance in Mumbai?
The estimated take-home salary of a Assistant Manager at Universal Sompo General Insurance in Mumbai typically ranges from ₹50,617 to ₹51,811 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 15 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 50+ salaries received from various employees of Universal Sompo General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Universal Sompo General Insurance in Mumbai?
To be a Assistant Manager at Universal Sompo General Insurance in Mumbai, the key skills required include:

  • - General Insurance
  • - Claims Processing
  • - Claims Management
  • - Health Insurance
  • - Claims Adjudication

These skills are highly valued at Universal Sompo General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Universal Sompo General Insurance for Assistant Manager in India?
Royal Sundaram General Insurance ₹11.0 Lakhs to ₹15.5 Lakhs per year
Marsh ₹6.0 Lakhs to ₹19.0 Lakhs per year
Ageas Federal Life Insurance ₹3.8 Lakhs to ₹16.5 Lakhs per year
Future Generali India Life Insurance ₹4.1 Lakhs to ₹12.5 Lakhs per year
Bharti AXA Life Insurance ₹3.5 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Universal Sompo General Insurance, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to Universal Sompo General Insurance in Mumbai?
The salary of a Assistant Manager at companies similar to Universal Sompo General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ManipalCigna Health Insurance ₹4.4 Lakhs to ₹12.2 Lakhs per year
Edelweiss Life Insurance ₹4.0 Lakhs to ₹11.1 Lakhs per year
CignaTTk Health Insurance ₹4.8 Lakhs to ₹9.3 Lakhs per year
Medi Assist India ₹3.5 Lakhs to ₹8.0 Lakhs per year
IndiaFirst Life Insurance ₹4.2 Lakhs to ₹9.0 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 Manager at Universal Sompo General Insurance in Mumbai?
The salary growth for a Assistant Manager at Universal Sompo General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Universal Sompo General Insurance:

Experience Average Salary Range
1 year ₹2.6 Lakhs to ₹7.5 Lakhs per year
2 years ₹5.5 Lakhs to ₹9.0 Lakhs per year
3 years ₹2.6 Lakhs to ₹9.0 Lakhs per year
4 years ₹6.0 Lakhs to ₹8.0 Lakhs per year
and so on.

Tell us how to improve this page.

Universal Sompo General Insurance Assistant Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 50 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.