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General Insurance Corporation of India Assistant Manager salaries in Mumbai

Annual salary range
2 - 9 years exp.
₹12 Lakhs - ₹18 Lakhs
Salary of majority employees
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78% more than the average Assistant Manager Salary in Insurance Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
4 - 9 years exp. (3 salaries)
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₹12 L/yr - ₹17 L/yr

Legal & Regulatory
Assistant Manager Salary
4 - 6 years exp. (3 salaries)
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₹13.5 L/yr - ₹18 L/yr

Finance & Accounting
Assistant Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹15 L/yr

Last Updated: 16 Mar 2023

Companies similar to General Insurance Corporation of India for Assistant Manager in Mumbai

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General Insurance Corporation of India Assistant Manager Salary

2 - 9 years exp. (11 salaries)

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₹12 L/yr - ₹18 L/yr

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Company name Avg Annual Salary Open Jobs
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₹11 L/yr - ₹18 L/yr

arrow icon 3% more
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₹11 L/yr - ₹19 L/yr

arrow icon 5% more
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₹11 L/yr - ₹16.5 L/yr

arrow icon 4% less
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₹3 L/yr - ₹9.3 L/yr

arrow icon 59% less
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₹2.9 L/yr - ₹7.3 L/yr

arrow icon 67% less
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₹5.2 L/yr - ₹10 L/yr

arrow icon 46% less
3 job openings
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₹3 L/yr - ₹6 L/yr

arrow icon 67% less
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Tata AIG Assistant Manager Salary

7 - 15 years exp. (5 salaries)

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₹5 L/yr - ₹7.3 L/yr

arrow icon 58% less
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SBI General Insurance Assistant Manager Salary

0 - 12 years exp. (80 salaries)

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₹3.2 L/yr - ₹9 L/yr

arrow icon 70% less
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₹4.1 L/yr - ₹13.6 L/yr

arrow icon 43% less
1 job opening
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₹3 L/yr - ₹9.2 L/yr

arrow icon 61% less
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Medi Assist India Assistant Manager Salary

5 - 14 years exp. (89 salaries)

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₹3.5 L/yr - ₹9.6 L/yr

arrow icon 56% less
4 job openings
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₹4.4 L/yr - ₹12.2 L/yr

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₹4 L/yr - ₹15 L/yr

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₹4 L/yr - ₹12.5 L/yr

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₹1.6 L/yr - ₹6.2 L/yr

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₹4.2 L/yr - ₹9 L/yr

arrow icon 62% less
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₹3.5 L/yr - ₹11.5 L/yr

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1 job opening
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₹11 L/yr - ₹13.3 L/yr

arrow icon 15% less
Assistant Manager salary at General Insurance Corporation of India ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 11 latest salaries received from various employees of General Insurance Corporation of India.

Latest annual salaries shared by General Insurance Corporation of India Assistant Manager in Mumbai

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Experience wise General Insurance Corporation of India Assistant Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹12 L/yr - ₹25.5 L/yr
3 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹15 L/yr
4 years  (4 salaries)

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₹13 L/yr - ₹16 L/yr
5 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)

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₹12 L/yr - ₹18 L/yr
View all

Similar Designation salaries in General Insurance Corporation of India

Deputy Manager Salary
(9 salaries)
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₹12 L/yr - ₹30 L/yr

Salary related reviews for General Insurance Corporation of India

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 01 Jun 2022

1.0
 for  Salary and Benefits

Likes

...the only thing that is in favor of GIC. There is little to no skill development. The compensation structure is a decade old. The toxic culture of the company has forced many to leave the company. No one takes responsibility. The only question asked before making a decision is "auditor kya bolega?" The company lacks vision and the pathetic management makes matter worse. You can be assured of promotion but that comes at it's own pace.

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  • Job security - Excellent
    +1 more

Dislikes

There is a lack of communication in the team I am working for. Assignments are given based on how much face time one wants with the management. A lot of energy goes into doing tasks that are not required. There is no leader only a boss.

read more
  • Salary - Bad
    +3 more

Intern

 · 

Project & Program Management Department

2.0
  •  posted on 28 Sep 2024

1.0
 for  Salary and Benefits

Likes

What Benefits: Some say the company offers good benefits, including medical, furniture, and lease allowances. 

  • Skill development - Good

Dislikes

... of the month.    Politics Some employees say there are politics at the company.    Salary Some employees say that their salary increase is not commensurate with their level.    Accusations of vested interest Some employees say that if they provide good service, they are accused of having a vested interest

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  • Salary - Bad
    +3 more

Full Time

 · 

Other Department

5.0
  •  posted on 02 Mar 2024

5.0
 for  Salary and Benefits

Likes

I woked here for more than 30 years with great zeal, motivation, learned lot of things about insurance, printing, Training etc...I liked my work very much

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  • Salary - Excellent
    +6 more

Dislikes

I didnt dislike General Institute...After my retirement I want to go into other fields..And want to learn. More

BFSI, Investments & Trading Department

5.0
  •  posted on 15 Apr 2018

5.0
 for  Salary and Benefits

Likes

Very good team leaders, continuous training , learning & career development,clear career growth, good work environment & work life balance,job security.

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  • Salary - Excellent
    +6 more

Dislikes

Innovation level is less, little bit of politics,

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 25 Jul 2024

5.0
 for  Salary and Benefits

Likes

every employee whether he/she is Class IV/III/ or Class I gets every opportunity to grow progressively while in service and after retirement also. We have proud of our all seniors as well our colleagues who were at every time of point assisted us to have our progress in growing graph. GOD IS GREAT TO GIVE US SUCH A EMPLOYMENT WHEREBY EVEYONE OF US REMEMBER "ALMIGHTY" Dilip Dighe [Small employee on Big Corporation Roll]

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  • Salary - Excellent
    +6 more

Dislikes

General Insurance Corporation of India is such a corporation which cares and let the employee grow with all technical knowledge apart from admistration, accounts also whereby the word ' dislike ' will never occur at any single minute and we leared value of time from our GIC only.Whole word says " Time is Money " but the truth is TIME IS GOD.

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General Insurance Corporation of India Assistant Manager Salary FAQs

What is the salary of Assistant Manager at General Insurance Corporation of India Mumbai?
Assistant Manager salary at General Insurance Corporation of India in Mumbai ranges between ₹12.0 Lakhs to ₹18.0 Lakhs for experience between 2 years to 9 years. According to our estimates it is 78% more than the average Assistant Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of General Insurance Corporation of India Mumbai.
How does the salary of a Assistant Manager at General Insurance Corporation of India Mumbai compare with the average salary range for this job?
The average salary of a Assistant Manager at General Insurance Corporation of India is 78% more than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than General Insurance Corporation of India to a Assistant Manager in Mumbai?
  • United India Insurance Company Assistant Manager Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year
  • The New India Assurance Co. Assistant Manager Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Assistant Manager in companies similar to General Insurance Corporation of India in Mumbai?
  • National Insurance Company Assistant Manager Salary - ₹11.0 Lakhs to ₹16.5 Lakhs per year
  • Royal Sundaram General Insurance Assistant Manager Salary - ₹11.0 Lakhs to ₹13.3 Lakhs per year
  • Ageas Federal Life Insurance Assistant Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
  • Future Generali India Life Insurance Assistant Manager Salary - ₹4.1 Lakhs to ₹13.6 Lakhs per year
  • Bajaj Allianz General Insurance Assistant Manager Salary - ₹5.2 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Assistant Manager at General Insurance Corporation of India in Mumbai?
The estimated take-home salary of a Assistant Manager at General Insurance Corporation of India ranges between ₹1,02,051 per month to ₹1,04,839 per month in Mumbai. The take-home salary calculation is based on the average General Insurance Corporation of India Assistant Manager salary in India which ranges between ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at General Insurance Corporation of India in Mumbai?
According to AmbitionBox, 50% of the General Insurance Corporation of India Assistant Managers in Mumbai reported a notice period of 3 Months, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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General Insurance Corporation of India Assistant Manager salary in Mumbai ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 General Insurance Corporation of India latest salaries received from various employees of General Insurance Corporation of India.