Home > Salary > India > Branch Manager Insurance Office
A branch manager in an insurance office is responsible for overseeing the operations and activities of the branch. They are tasked with managing a team of insurance agents and ensuring that the branch meets its sales targets and objectives. The branch manager is involved in recruiting and training staff, setting performance goals, and providing guidance and support to their team. They are also responsible for maintaining relationships with clients and addressing any customer concerns or issues. Additionally, a branch manager in an insurance office is involved in developing and implementing strategies to increase sales and market share. They must stay up to date with industry trends and regulations to ensure compliance and provide excellent customer service.
Estimated Yearly Salary: 2,424,350 INR
Estimated Monthly Salary: 202,029 INR
Estimated Weekly Salary: 46,622 INR per week
Estimated Hourly Salary: 1,166 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 195,765 INR
Estimated Weekly Salary: 45,177 INR per week
Estimated Hourly Salary: 1,129 INR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 26,971 USD
Estimated Monthly Salary: 2,248 USD
Estimated Weekly Salary: 519 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,424,350 INR
Estimated Monthly Salary: 202,029 INR
Estimated Weekly Salary: 46,622 INR per week
Estimated Hourly Salary: 1,166 INR per hour
By working as Branch Manager Insurance Office a person can save up to 1,352 USD per month or 16,229 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Branch Manager Insurance Office
Last revision of data: 2025-01-04
Data as of 2025
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Branch Manager Insurance Office salary in India
Average Yearly Salary of Branch Manager Insurance Office in India is approximately 2,424,350 INR (26,971 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Branch Manager Insurance Office do?
A branch manager in an insurance office is responsible for overseeing the operations and activities of the branch. They are tasked with managing a team of insurance agents and ensuring that the branch meets its sales targets and objectives. The branch manager is involved in recruiting and training staff, setting performance goals, and providing guidance and support to their team. They are also responsible for maintaining relationships with clients and addressing any customer concerns or issues. Additionally, a branch manager in an insurance office is involved in developing and implementing strategies to increase sales and market share. They must stay up to date with industry trends and regulations to ensure compliance and provide excellent customer service.
Skills: Branch Manager, Insurance Office, Sales Management, Team Leadership, Customer Service, Relationship Management
Job industry: Insurance
Job industry: Insurance
How much does Branch Manager Insurance Office make?
Salary details
How much does Branch Manager Insurance Office make?Estimated Yearly Salary: 2,424,350 INR
Estimated Monthly Salary: 202,029 INR
Estimated Weekly Salary: 46,622 INR per week
Estimated Hourly Salary: 1,166 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,349,180 INREstimated Monthly Salary: 195,765 INR
Estimated Weekly Salary: 45,177 INR per week
Estimated Hourly Salary: 1,129 INR per hour
Last revision of data: 2024-01-05Branch Manager Insurance Office estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 26,971 USD
Estimated Monthly Salary: 2,248 USD
Estimated Weekly Salary: 519 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Branch Manager Insurance Office job salary compared to average salary in India.
Comparison shows that a person working as Branch Manager Insurance Office in India earns on average:
1.31 times the average salary (or 131% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Branch Manager Insurance Office job salary compared to average salary in India.
Comparison shows that a person working as Branch Manager Insurance Office in India earns on average:
1.31 times the average salary (or 131% of average salary).
Is Branch Manager Insurance Office a well paid job?
Yes, our data shows that Branch Manager Insurance Office is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Branch Manager Insurance Office?
High salary for Branch Manager Insurance Office would be somewhere between 2,666,785 INR and 3,515,308 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Branch Manager Insurance Office in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,424,350 INR
Estimated Monthly Salary: 202,029 INR
Estimated Weekly Salary: 46,622 INR per week
Estimated Hourly Salary: 1,166 INR per hour
By working as Branch Manager Insurance Office a person can save up to 1,352 USD per month or 16,229 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Branch Manager Insurance Office
Pakistan is 1,905 USD
China is 15,547 USD
Nepal is 8,885 USD
Bangladesh is 3,404 USD
Afghanistan is 7,258 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
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4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
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Data as of 2025Random salary:
Registered psychiatric nurse (rpn) (1,962,468 INR per year, pre-tax.)
Jewelry repairer (943,938 INR per year, pre-tax.)
Manager data processing (1,749,896 INR per year, pre-tax.)
Real estate marketing specialist (1,520,883 INR per year, pre-tax.)
Merchandising supervisor (899,464 INR per year, pre-tax.)
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Salary details displayed on this website are meant for reference purposes only. Our data is sourced through various sources and may not always be up to date. Users must cross-reference salary information independently before making financial commitments. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We do not warrant that the information displayed is flawless. By accessing this website, you accept that salary information is presented 'as is' and without warranties.
Salary details displayed on this website are intended for reference use only. Our data is sourced through multiple inputs and may not always be up to date. Users must verify salary information through other means before making employment commitments. The figures shown here may change due to factors such as location, industry standards, and individual skill sets. We do not warrant that the information displayed is error-free. By accessing this website, you accept that salary information is offered 'as is' and without assurances.