Future Generali India Life Insurance SM Salaries by 7 Employees

1 - 16 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

65% less than the average SM Salary in Insurance Companies for 1 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading SM Salary 1 - 10 years exp. (3 salaries)	₹2 L/yr - ₹3.4 L/yr
Finance & Accounting SM Salary 1 - 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
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Customer Success, Service & Operations SM Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 25 Nov 2024

Companies similar to Future Generali India Life Insurance for SM

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company SM Salary 2 - 9 years exp. (7 salaries)	₹5.1 L/yr - ₹7.1 L/yr 110% more
HDFC Ergo General Insurance SM Salary 0 - 6 years exp. (9 salaries)	₹3.1 L/yr - ₹4.2 L/yr 19% more
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Bajaj Allianz General Insurance SM Salary 3 - 12 years exp. (5 salaries)	₹1.9 L/yr - ₹6 L/yr 45% more
Reliance General Insurance SM Salary 6 - 12 years exp. (6 salaries)	₹4.4 L/yr - ₹5.6 L/yr 45% more
Aditya Birla Health Insurance Co SM Salary 3 - 9 years exp. (9 salaries)	₹3 L/yr - ₹4.5 L/yr 17% more
Cholamandalam MS General Insurance SM Salary 2 - 9 years exp. (5 salaries)	₹3 L/yr - ₹4.2 L/yr 16% more

SM salary at Future Generali India Life Insurance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Future Generali India Life Insurance.

Experience wise Future Generali India Life Insurance SM salaries

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
10 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.4 L/yr
11 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
12 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
13 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
14 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
15+ years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr

View all

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₹2.5 L/yr - ₹4.1 L/yr

Assistant Vice President Salary

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₹16.2 L/yr - ₹30 L/yr

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Salary related reviews for Future Generali India Life Insurance

3.0

Rated by 1 employees for salary & benefits

Financial Service Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 20 Mar 2022

4.0

for Salary and Benefits

Likes

... treated with respect and given equal opportunities for growth and making money. Salary is given on time for employees.

Salary - Good

+6 more

Dislikes

salary is decent but increment is less on promotion, internal competition is high. Only 2 office locations operating currently in bangalore, staff is crowded.

Back Office Executive in Indore

BFSI, Investments & Trading Department

5.0

• posted on 22 Apr 2022

5.0

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 - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

State Coordinator in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 10 Feb 2022

3.0

for Salary and Benefits

Likes

This is not a company where hire and fire provision exist. Company give time to settle down and give your best. Work life balance is good.

Skill development - Good

+5 more

Dislikes

There should be a parity in pay structure for the same designated employee.

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.

Business Associate in Hyderabad / Secunderabad

Business Associates Department

4.0

• posted on 03 Oct 2020

4.0

for Salary and Benefits

Likes

We will have a friendly relationship with everyone in the company. They will support you to withstand in any kind of situation. No pressure but career growth is high.

Salary - Good

+6 more

Dislikes

Salary is based on performance, no monthly salary.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Future Generali India Life Insurance SM Salary FAQs

What is the salary of SM at Future Generali India Life Insurance ?

The average salary of a SM at Future Generali India Life Insurance in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of SM at Future Generali India Life Insurance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. SM Salaries at Future Generali India Life 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 7 Future Generali India Life Insurance employees in India.

What is the estimated take home salary of a SM at Future Generali India Life Insurance in India?

The estimated take-home salary of a SM at Future Generali India Life Insurance in India typically ranges from ₹22,440 to ₹23,917 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 16 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 7 salaries received from various employees of Future Generali India Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Future Generali India Life Insurance for SM in India?

ICICI Lombard General Insurance Company	₹5.1 Lakhs to ₹7.1 Lakhs per year
Reliance General Insurance	₹4.4 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz General Insurance	₹1.9 Lakhs to ₹6.0 Lakhs per year
HDFC Ergo General Insurance	₹3.1 Lakhs to ₹4.2 Lakhs per year
Aditya Birla Health Insurance Co	₹3.0 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Future Generali India Life Insurance, depending on the role and experience level.

What is the salary of a SM in companies similar to Future Generali India Life Insurance in India?

The salary of a SM at companies similar to Future Generali India Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cholamandalam MS General Insurance

₹3.0 Lakhs to ₹4.2 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 SM at Future Generali India Life Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.0 Lakhs per year
3 years	₹1.1 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Future Generali India Life Insurance SM Salaries

Future Generali India Life Insurance SM salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Future Generali India Life Insurance latest salaries received from various employees of Future Generali India Life Insurance.