General Insurance Corporation of India Deputy Manager Salaries by 9 Employees (Updated 2025)

5 - 10 years exp.

₹12 Lakhs - ₹30 Lakhs

Salary of majority employees

89% more than the average Deputy Manager Salary in Insurance Companies for 5 - 10 years of experience

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Last Updated: 14 Apr 2024

Companies similar to General Insurance Corporation of India for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
The New India Assurance Co. Deputy Manager Salary 7 - 13 years exp. (9 salaries)	₹17 L/yr - ₹26 L/yr 10% more
United India Insurance Company Deputy Manager Salary 10 - 14 years exp. (14 salaries)	₹11 L/yr - ₹24 L/yr 5% more
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National Insurance Company Deputy Manager Salary 8 - 14 years exp. (12 salaries)	₹17 L/yr - ₹25 L/yr 13% more
ICICI Lombard General Insurance Company Deputy Manager Salary 5 - 13 years exp. (14 salaries)	₹4.7 L/yr - ₹11 L/yr 60% less
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (943 salaries)	₹3.1 L/yr - ₹10.3 L/yr 68% less
Bajaj Allianz General Insurance Deputy Manager Salary 5 - 16 years exp. (162 salaries)	₹6.9 L/yr - ₹16 L/yr 30% less	1 job opening
Reliance General Insurance Deputy Manager Salary 1 - 10 years exp. (111 salaries)	₹3 L/yr - ₹7.5 L/yr 74% less
Tata AIG Deputy Manager Salary 2 - 9 years exp. (479 salaries)	₹2.3 L/yr - ₹9 L/yr 76% less	1 job opening
SBI General Insurance Deputy Manager Salary 4 - 11 years exp. (177 salaries)	₹4 L/yr - ₹9.1 L/yr 69% less
Future Generali India Life Insurance Deputy Manager Salary 1 - 17 years exp. (254 salaries)	₹4.3 L/yr - ₹15.9 L/yr 49% less	2 job openings
Aditya Birla Health Insurance Co Deputy Manager Salary 4 - 11 years exp. (226 salaries)	₹4 L/yr - ₹12.6 L/yr 56% less
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Axa XL Deputy Manager Salary 7 - 13 years exp. (163 salaries)	₹8.1 L/yr - ₹25 L/yr 9% less	2 job openings
Digit Insurance Deputy Manager Salary 2 - 14 years exp. (152 salaries)	₹6 L/yr - ₹17.2 L/yr 36% less
IndiaFirst Life Insurance Deputy Manager Salary 4 - 13 years exp. (107 salaries)	₹3.5 L/yr - ₹10.7 L/yr 62% less
ManipalCigna Health Insurance Deputy Manager Salary 3 - 14 years exp. (86 salaries)	₹4.5 L/yr - ₹13.4 L/yr 53% less
Bharti AXA Life Insurance Deputy Manager Salary 3 - 15 years exp. (80 salaries)	₹3.5 L/yr - ₹6 L/yr 75% less
Shriram General Insurance Deputy Manager Salary 1 - 13 years exp. (60 salaries)	₹4 L/yr - ₹8 L/yr 69% less
Aviva Life Insurance India Deputy Manager Salary 5 - 16 years exp. (49 salaries)	₹4.3 L/yr - ₹8.5 L/yr 62% less
Pramerica Life Insurance Deputy Manager Salary 2 - 15 years exp. (54 salaries)	₹4.8 L/yr - ₹14.7 L/yr 49% less
Cholamandalam MS General Insurance Deputy Manager Salary 5 - 11 years exp. (42 salaries)	₹5 L/yr - ₹11.2 L/yr 50% less

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Deputy Manager salary at General Insurance Corporation of India ranges between ₹12 Lakhs to ₹30 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of General Insurance Corporation of India.

Experience wise General Insurance Corporation of India Deputy Manager salaries

Last Updated: 14 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹15 L/yr - ₹28.8 L/yr
6 years (AmbitionBox Estimate)	₹15 L/yr - ₹30.3 L/yr
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7 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹31.7 L/yr
8 years (3 salaries)	₹12 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹30 L/yr

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Similar Designation salaries in General Insurance Corporation of India

Relationship Manager Salary

(3 salaries)

₹3 L/yr - ₹3.5 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for General Insurance Corporation of India

3.0

Rated by 2 employees for salary & benefits

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.

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

Salary - Bad

+3 more

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.

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.

Salary - Bad

+3 more

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

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

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.

Salary - Excellent

+6 more

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]

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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Top trending discussions

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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General Insurance Corporation of India Deputy Manager Salary FAQs

What is the salary of Deputy Manager at General Insurance Corporation of India?

Deputy Manager salary at General Insurance Corporation of India in India ranges between ₹12.0 Lakhs to ₹30.0 Lakhs for experience between 5 years to 10 years. According to our estimates it is 89% more than the average Deputy Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of General Insurance Corporation of India India.

How does the salary of a Deputy Manager at General Insurance Corporation of India India compare with the average salary range for this job?

The average salary of a Deputy Manager at General Insurance Corporation of India is 89% more than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than General Insurance Corporation of India to a Deputy Manager in India?

Swiss Re Deputy Manager Salary - ₹7.5 Lakhs to ₹32.0 Lakhs per year
National Insurance Company Deputy Manager Salary - ₹17.0 Lakhs to ₹25.0 Lakhs per year
The New India Assurance Co. Deputy Manager Salary - ₹17.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company Deputy Manager Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year

What is the salary of a Deputy Manager in companies similar to General Insurance Corporation of India in India?

Axa XL Deputy Manager Salary - ₹8.1 Lakhs to ₹25.0 Lakhs per year
Royal Sundaram General Insurance Deputy Manager Salary - ₹12.0 Lakhs to ₹17.4 Lakhs per year
Bajaj Allianz General Insurance Deputy Manager Salary - ₹6.9 Lakhs to ₹16.0 Lakhs per year
Digit Insurance Deputy Manager Salary - ₹6.0 Lakhs to ₹17.2 Lakhs per year
Allianz Services Deputy Manager Salary - ₹8.0 Lakhs to ₹15.7 Lakhs per year

What is the estimated take home salary of a Deputy Manager at General Insurance Corporation of India in India?

The estimated take-home salary of a Deputy Manager at General Insurance Corporation of India ranges between ₹1,21,231 per month to ₹1,24,652 per month in India. The take-home salary calculation is based on the average General Insurance Corporation of India Deputy Manager salary in India which ranges between ₹12.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at General Insurance Corporation of India?

According to AmbitionBox, 50% of the General Insurance Corporation of India Deputy Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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General Insurance Corporation of India Deputy Manager Salaries

General Insurance Corporation of India Deputy Manager salary in India ranges between ₹12 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 General Insurance Corporation of India latest salaries received from various employees of General Insurance Corporation of India.