Future Generali India Life Insurance Department Manager Salaries by 3 Employees

8 - 12 years exp.

₹4.1 Lakhs - ₹7.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% more than the average Department Manager Salary in Insurance Companies for 8 - 12 years of experience

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Last Updated: 21 Mar 2024

Companies similar to Future Generali India Life Insurance for Department Manager

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Department Manager salary at Future Generali India Life Insurance ranges between ₹4.1 Lakhs to ₹7.1 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Future Generali India Life Insurance.

Experience wise Future Generali India Life Insurance Department Manager salaries

Last Updated: 21 Mar 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
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12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr

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Salary related reviews for Future Generali India Life Insurance

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 14 Oct 2024

3.0

for Salary and Benefits

Likes

I like to work in this company culture i am enjoying my work here I have taken 2 promotion in 2 years , also learn some new things here so overall my experience is good here

Work satisfaction - Good

+2 more

Dislikes

In our channel there is no appraisal, we need take promotion for salary hike i am not talking about myself but behalf of my colleagues who short for the promotion .

Deputy Manager in Thane

BFSI, Investments & Trading Department

5.0

• posted on 18 Apr 2022

3.0

for Salary and Benefits

Likes

It's excellent experience in future generali life insurance company. All team members and senior is supportive.company policies are good.

Skill development - Excellent

+4 more

Dislikes

...that why user not complete the process quickly. 2.not sort out issue quickly. 3. Salary growth is very slow.

Sales Manager

sales manager Department

3.0

• posted on 19 Oct 2019

4.0

for Salary and Benefits

Likes

Salary package is good

Salary - Good

Dislikes

Terrible training, no support from branch, too hard to sustain for the people who are new to insurance industry. They give training as their wish. i got my induction training after 3 months which has to be given on the 1st week of joining. they give some brochures & pdf documents to us and we need to pick up ourselves. the trainings will be given as per their convenience and wish.

Skill development - Bad

+3 more

Sales Manager in Lucknow

sales Department

4.0

• posted on 21 Apr 2018

4.0

for Salary and Benefits

Likes

here while working as a sales manager you got good salary and incentives in agency channels

Salary - Good

Dislikes

there is no personal life no timings no week off in reality ,always running for making advisor and business , aslo ur pf and fnf clearings will took time

Job security - Poor

Relationship Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Mar 2025

1.0

for Salary and Benefits

Likes

...n more than BAjaj Finserv. The management,the HR team everyone is just pathetic. The only thing good was timely salary.

Dislikes

Superiors, management,HR team

Salary - Bad

+6 more

see more salary related reviews

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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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Future Generali India Life Insurance Department Manager Salary FAQs

How the salary growth look like for a Department Manager at Future Generali India Life Insurance in India?

The salary growth for a Department Manager at Future Generali India Life Insurance depends on factors such as experience, performance, and promotions. On average, a Department Manager can expect the following growth trajectory at Future Generali India Life Insurance:

Experience	Average Salary Range
8 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
10 years	₹3.6 Lakhs to ₹4.7 Lakhs per year
12 years	₹6.3 Lakhs to ₹8.1 Lakhs per year

and so on.

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Future Generali India Life Insurance Department Manager Salaries

Future Generali India Life Insurance Department Manager salary in India ranges between ₹4.1 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Future Generali India Life Insurance latest salaries received from various employees of Future Generali India Life Insurance.