General Insurance Corporation of India Claims Manager Salaries by Employees (Updated 2024)

Select experience

₹5 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 10 Mar 2023

Companies similar to General Insurance Corporation of India for Claims Manager

Company name	Avg Annual Salary	Open Jobs
United India Insurance Company Claims Manager Salary 5 - 14 years exp. (3 salaries)	₹5 L/yr - ₹18 L/yr 106% more
National Insurance Company Claims Manager Salary 7 - 10 years exp. (6 salaries)	₹12.5 L/yr - ₹21 L/yr 199% more
Login to view exact salary
ICICI Lombard General Insurance Company Claims Manager Salary 3 - 11 years exp. (55 salaries)	₹2.7 L/yr - ₹8.5 L/yr 5% less
HDFC Ergo General Insurance Claims Manager Salary 6 - 15 years exp. (37 salaries)	₹5.5 L/yr - ₹12.5 L/yr 52% more
Bajaj Allianz General Insurance Claims Manager Salary 5 - 23 years exp. (8 salaries)	₹12 L/yr - ₹15 L/yr 121% more
Reliance General Insurance Claims Manager Salary 3 - 11 years exp. (45 salaries)	₹3 L/yr - ₹9.4 L/yr 12% less
Tata AIG Claims Manager Salary 1 - 9 years exp. (65 salaries)	₹2.5 L/yr - ₹8.6 L/yr 2% more
SBI General Insurance Claims Manager Salary 4 - 18 years exp. (9 salaries)	₹4.6 L/yr - ₹15 L/yr 50% more
Future Generali India Life Insurance Claims Manager Salary 9 - 18 years exp. (5 salaries)	₹4.5 L/yr - ₹17 L/yr 87% more
Cholamandalam MS General Insurance Claims Manager Salary 6 - 14 years exp. (17 salaries)	₹4.7 L/yr - ₹12 L/yr 25% more
Shriram General Insurance Claims Manager Salary 0 - 6 years exp. (16 salaries)	₹2 L/yr - ₹4.2 L/yr 44% less
Login to view exact salary
Digit Insurance Claims Manager Salary 3 - 12 years exp. (7 salaries)	₹3.2 L/yr - ₹7.5 L/yr 11% less
Medi Assist India Claims Manager Salary 3 - 12 years exp. (5 salaries)	₹5.8 L/yr - ₹9.2 L/yr 31% more
ManipalCigna Health Insurance Claims Manager Salary 3 - 14 years exp. (5 salaries)	₹8.5 L/yr - ₹12.1 L/yr 79% more
Allianz Partners Claims Manager Salary 8 - 12 years exp. (4 salaries)	₹8.5 L/yr - ₹9 L/yr 54% more
IndiaFirst Life Insurance Claims Manager Salary 10 - 15 years exp. (4 salaries)	₹7 L/yr - ₹10.3 L/yr 63% more
Royal Sundaram General Insurance Claims Manager Salary 3 - 10 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 18% more
Aditya Birla Health Insurance Co Claims Manager Salary 2 - 10 years exp. (4 salaries)	₹6.2 L/yr - ₹9.5 L/yr 47% more
Aviva Life Insurance India Claims Manager Salary 0 - 14 years exp. (3 salaries)	₹6 L/yr - ₹7 L/yr 12% more
Paramount Health Services Tpa Claims Manager Salary 3 - 13 years exp. (3 salaries)	₹4.6 L/yr - ₹6.4 L/yr 6% less	1 job opening

Claims Manager salary at General Insurance Corporation of India ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with 14 years of experience. Salary estimates are based on 1 latest salaries received from various employees of General Insurance Corporation of India.

Similar Designation salaries in General Insurance Corporation of India

Motor Claims Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(9 salaries)

₹12 L/yr - ₹30 L/yr

Relationship Manager Salary

(3 salaries)

₹3 L/yr - ₹3.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Salary related reviews for General Insurance Corporation of India

Operator in Pune

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.

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

Assistant Manager in MMumbai

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.

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.

Senior Assistant in Ghaziabad

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

Dislikes

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

Senior Divisional Manager

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.

Dislikes

Innovation level is less, little bit of politics,

Official From General Insurance in Mumbai

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]

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.

see more salary related reviews

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about General Insurance Corporation of India?

Ask anonymously on communities.

Tell us how to improve this page.

Home >
Salaries >
General Insurance Corporation of India Salaries >
General Insurance Corporation of India Claims Manager Salaries

General Insurance Corporation of India Claims Manager salary in India ranges between ₹5 Lakhs to ₹6.3 Lakhs. This is an estimate based on latest salaries received from employees of General Insurance Corporation of India.

General Insurance Corporation of India Claims Manager salaries in India

Companies similar to General Insurance Corporation of India for Claims Manager

Similar Designation salaries in General Insurance Corporation of India

Salary related reviews for General Insurance Corporation of India

Operator in Pune

Assistant Manager in MMumbai

Senior Assistant in Ghaziabad

Senior Divisional Manager

Official From General Insurance in Mumbai

Tell us how to improve this page.