Average Branch Manager, Insurance Office with Team Management Skills Salary in India

Annual Base Salary - ₹7,63,296.00/year

The average annual salary of Branch Manager, Insurance Office is ₹7,63,296.00

₹3,59,340.00
Low
₹7,63,296.00
Average
₹10,30,000.00
High

The starting salary of Branch Manager, Insurance Office is between ₹3,05,439.00 and ₹3,59,340.00 whereas the maximum salary range is between ₹10,30,000.00 and ₹11,84,500.00.

Minimum Annual PayMaximum Annual Pay
₹3,05,439.00₹11,84,500.00
Bonus Range: Tooltip
₹30,520.00 - ₹2,60,000.00
₹30,520.00
₹11,84,500.00
Commission: Tooltip
₹0.00 - ₹1,56,000.00
₹0.00
₹11,84,500.00
Profit Sharing: Tooltip
₹10,700.00 - ₹5,51,050.00
₹10,700.00
₹11,84,500.00
  • Currency : INR
  • Annual Salary : ₹7,63,296.00
  • Weekly Pay : ₹13,718.00
  • Fortnightly Salary : ₹27,437.00
  • Monthly Salary : ₹59,447.00

Branch Manager, Insurance Office Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Branch Manager, Insurance Office. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Branch Manager, Insurance Office compared to female. Their involvement is 97% while of female is only 3%.

Salary Distribution Based on Years of Experience

The line graph shows Branch Manager, Insurance Office salary in India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Branch Manager, Insurance Office having experience between 1-4 years, their salary is around ₹5,26,485.87.

Once the experience reaches 5-9 years Branch Manager, Insurance Office salary would increase again to a total of ₹6,30,000.00, adding ₹1,03,514.13 from the last salary increase.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of ₹8,30,108.55.

And finally, once the Branch Manager, Insurance Office gains 20 years of experience or more, their salary would reach ₹10,78,000.00.

Prominent Skills Affecting Branch Manager, Insurance Office Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Branch Manager, Insurance Office's salary. It clearly highlights the skills needed for a post of Branch Manager, Insurance Office when hired by an employer.

The most vital skill expected of Branch Manager, Insurance Office is Operations Management which impacts the most than the rest of the skills indicated with a staggering 27% comparatively. Therefore, one’s salary would greatly depend on their skills in Operations Management.

The skill least likely to affect one’s pay would be Office Management with 3%. It can be said that Office Management skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Branch Manager, Insurance Office. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹5,34,307.00 whereas the highest earning is ₹10,91,513.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of ₹10,91,513.00 at 43%. So to summerize, Early Career earns 30% less than the average salary, Mid Carrer earns 17% less than the average salary, Late Career earns 9% more than the average salary, Experienced earns 43% more than the average salary.

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