Universal Sompo General Insurance Mumbai Manager Salaries by 10+ Employees (Updated 2025)

5 - 16 years exp.

₹9.4 Lakhs - ₹16.8 Lakhs

Salary of majority employees

29% less than the average Manager Salary in Insurance Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 11 - 16 years exp. (4 salaries)	₹11 L/yr - ₹15.5 L/yr
Engineering - Software & QA Manager Salary 6 - 11 years exp. (4 salaries)	₹9.4 L/yr - ₹16.8 L/yr
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Finance & Accounting Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹9.7 L/yr - ₹12 L/yr
Strategic & Top Management Manager Salary 5 - 15 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹14 L/yr

Last Updated: 28 Jan 2025

Companies similar to Universal Sompo General Insurance for Manager in Mumbai

Universal Sompo General Insurance Manager Salary

5 - 16 years exp. (18 salaries)

₹9.4 L/yr - ₹16.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Manager Salary 2 - 14 years exp. (118 salaries)	₹3 L/yr - ₹13 L/yr 37% less
HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (145 salaries)	₹4.5 L/yr - ₹15 L/yr 13% less
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Bajaj Allianz General Insurance Manager Salary 6 - 19 years exp. (8 salaries)	₹11.8 L/yr - ₹21 L/yr 46% more
Reliance General Insurance Manager Salary 2 - 17 years exp. (79 salaries)	₹5 L/yr - ₹13.7 L/yr 31% less
Tata AIG Manager Salary 1 - 11 years exp. (212 salaries)	₹3.8 L/yr - ₹11 L/yr 41% less	7 job openings
SBI General Insurance Manager Salary 1 - 13 years exp. (40 salaries)	₹6.5 L/yr - ₹15 L/yr 26% less
Future Generali India Life Insurance Manager Salary 4 - 18 years exp. (73 salaries)	₹7 L/yr - ₹22.3 L/yr 24% more	2 job openings
Aditya Birla Health Insurance Co Manager Salary 1 - 12 years exp. (137 salaries)	₹4.7 L/yr - ₹17 L/yr 11% less
Bharti AXA Life Insurance Manager Salary 3 - 16 years exp. (67 salaries)	₹6.5 L/yr - ₹17.4 L/yr 8% more
Edelweiss Life Insurance Manager Salary 5 - 13 years exp. (64 salaries)	₹4.9 L/yr - ₹15.2 L/yr 26% less
IndiaFirst Life Insurance Manager Salary 1 - 13 years exp. (48 salaries)	₹6 L/yr - ₹22.2 L/yr 10% more
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ManipalCigna Health Insurance Manager Salary 5 - 18 years exp. (35 salaries)	₹8 L/yr - ₹18.5 L/yr 18% more
Medi Assist India Manager Salary 7 - 16 years exp. (28 salaries)	₹4 L/yr - ₹11.5 L/yr 23% less	3 job openings
Paramount Health Services Tpa Manager Salary 6 - 13 years exp. (27 salaries)	₹3.1 L/yr - ₹9.2 L/yr 48% less
Ageas Federal Life Insurance Manager Salary 4 - 17 years exp. (23 salaries)	₹9.5 L/yr - ₹21.9 L/yr 37% more
Cholamandalam MS General Insurance Manager Salary 3 - 11 years exp. (11 salaries)	₹5.5 L/yr - ₹8.9 L/yr 30% less
Aviva Life Insurance India Manager Salary 3 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹14 L/yr 3% less

Manager salary at Universal Sompo General Insurance ranges between ₹9.4 Lakhs to ₹16.8 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 18 latest salaries received from various employees of Universal Sompo General Insurance.

Experience wise Universal Sompo General Insurance Manager salaries in Mumbai

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹20.8 L/yr
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7 years (3 salaries)	₹9.4 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹14.9 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹16.8 L/yr
12 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
13 years (AmbitionBox Estimate)	₹11 L/yr - ₹21 L/yr
14 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12.8 L/yr
15+ years (7 salaries)	₹10 L/yr - ₹13.6 L/yr

View all

Similar Designation salaries in Universal Sompo General Insurance

Deputy Manager Salary

(23 salaries)

₹7 L/yr - ₹12.15 L/yr

Management Trainee Salary

(4 salaries)

₹5 L/yr - ₹7 L/yr

Salary related reviews for Universal Sompo General Insurance

2.6

Rated by 3 employees for salary & benefits

Deputy Manager in Andheri

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.

Salary - Bad

+5 more

Relationship Manager in Guwahati

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.

Dislikes

Anything except salary and friends

Job security - Bad

+4 more

Assistant Manager in Navi Mumbai

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.

Claims Executive in Lucknow

BFSI, Investments & Trading Department

3.0

• posted on 26 Jun 2021

2.0

for Salary and Benefits

Likes

good company with supportive team but appraisals are not fair very nominal hike in compare to work load

Dislikes

there is lot of politics and crabculture in here no job training is given to new joinees salary is fair but no growth in carrier

Salary - Poor

+5 more

Sales Manager in Bareilly

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.

Salary - Good

+6 more

Dislikes

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Universal Sompo General Insurance Manager Salary FAQs

What is the salary of Manager at Universal Sompo General Insurance Mumbai?

Manager salary at Universal Sompo General Insurance in Mumbai ranges between ₹9.4 Lakhs to ₹16.8 Lakhs for experience between 5 years to 16 years. According to our estimates it is 29% less than the average Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Universal Sompo General Insurance Mumbai.

How does the salary of a Manager at Universal Sompo General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Manager at Universal Sompo General Insurance is 29% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Universal Sompo General Insurance to a Manager in Mumbai?

Bajaj Allianz General Insurance Manager Salary - ₹11.8 Lakhs to ₹21.0 Lakhs per year
Ageas Federal Life Insurance Manager Salary - ₹9.5 Lakhs to ₹21.9 Lakhs per year
Future Generali India Life Insurance Manager Salary - ₹7.0 Lakhs to ₹22.3 Lakhs per year
ManipalCigna Health Insurance Manager Salary - ₹8.0 Lakhs to ₹18.5 Lakhs per year
IndiaFirst Life Insurance Manager Salary - ₹6.0 Lakhs to ₹22.2 Lakhs per year

What is the salary of a Manager in companies similar to Universal Sompo General Insurance in Mumbai?

Bharti AXA Life Insurance Manager Salary - ₹6.5 Lakhs to ₹17.4 Lakhs per year
Aviva Life Insurance India Manager Salary - ₹7.5 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Health Insurance Co Manager Salary - ₹4.7 Lakhs to ₹17.0 Lakhs per year
HDFC Ergo General Insurance Manager Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Medi Assist India Manager Salary - ₹4.0 Lakhs to ₹11.5 Lakhs per year

What is the estimated take home salary of a Manager at Universal Sompo General Insurance in Mumbai?

The estimated take-home salary of a Manager at Universal Sompo General Insurance ranges between ₹82,806 per month to ₹84,968 per month in Mumbai. The take-home salary calculation is based on the average Universal Sompo General Insurance Manager salary in India which ranges between ₹9.4 Lakhs to ₹16.8 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Manager at Universal Sompo General Insurance in Mumbai?

According to AmbitionBox, 91% of the Universal Sompo General Insurance Managers in Mumbai reported a notice period of 3 Months, 9% reported a notice period of 1 Month.This is based on 11 responses on AmbitionBox in last 2 years.

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Universal Sompo General Insurance Manager Salaries in Mumbai

Universal Sompo General Insurance Manager salary in Mumbai ranges between ₹9.4 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Universal Sompo General Insurance latest salaries received from various employees of Universal Sompo General Insurance.