General Insurance Corporation of India Relationship Manager Salaries by 3 Employees

3 - 6 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

37% less than the average Relationship Manager Salary in Insurance Companies for 3 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Relationship Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Data Science & Analytics Relationship Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to General Insurance Corporation of India for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance Relationship Manager Salary 0 - 6 years exp. (294 salaries)	₹1.8 L/yr - ₹5 L/yr 1% more	48 job openings
Edelweiss Life Insurance Relationship Manager Salary 1 - 6 years exp. (269 salaries)	₹2 L/yr - ₹6 L/yr 17% more	24 job openings
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Universal Sompo General Insurance Relationship Manager Salary 0 - 10 years exp. (250 salaries)	₹2 L/yr - ₹6.4 L/yr 29% more	8 job openings
Ageas Federal Life Insurance Relationship Manager Salary 0 - 9 years exp. (203 salaries)	₹2.4 L/yr - ₹5.4 L/yr 23% more	5 job openings
Bharti AXA Life Insurance Relationship Manager Salary 1 - 9 years exp. (206 salaries)	₹2.3 L/yr - ₹5.4 L/yr 26% more	1 job opening
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 7 years exp. (185 salaries)	₹2.1 L/yr - ₹8.5 L/yr 61% more
Aviva Life Insurance India Relationship Manager Salary 0 - 8 years exp. (179 salaries)	₹2.2 L/yr - ₹4.5 L/yr 19% more
Aegon Life Insurance Relationship Manager Salary 0 - 7 years exp. (147 salaries)	₹2.5 L/yr - ₹4.3 L/yr 7% more
Magma HDI General Insurance Relationship Manager Salary 0 - 12 years exp. (146 salaries)	₹3.5 L/yr - ₹7.6 L/yr 67% more	1 job opening
Liberty General Insurance Relationship Manager Salary 1 - 13 years exp. (141 salaries)	₹3.5 L/yr - ₹7.2 L/yr 77% more	1 job opening
Cholamandalam MS General Insurance Relationship Manager Salary 1 - 14 years exp. (140 salaries)	₹2.1 L/yr - ₹6 L/yr 27% more
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ManipalCigna Health Insurance Relationship Manager Salary 2 - 11 years exp. (84 salaries)	₹2.7 L/yr - ₹6 L/yr 15% more
Policyboss.com Relationship Manager Salary 0 - 6 years exp. (81 salaries)	₹1.5 L/yr - ₹5.2 L/yr 2% more	2 job openings
IndiaFirst Life Insurance Relationship Manager Salary 3 - 11 years exp. (76 salaries)	₹2.5 L/yr - ₹6 L/yr 23% more	1 job opening
Pramerica Life Insurance Relationship Manager Salary 1 - 12 years exp. (28 salaries)	₹2 L/yr - ₹5 L/yr 13% more	24 job openings
Bajaj Capital Insurance Relationship Manager Salary 0 - 8 years exp. (16 salaries)	₹1.2 L/yr - ₹5.4 L/yr 4% more
Royal Sundaram General Insurance Relationship Manager Salary 0 - 10 years exp. (10 salaries)	₹3 L/yr - ₹5.2 L/yr 29% more
MetLife Relationship Manager Salary 2 - 7 years exp. (8 salaries)	₹3.3 L/yr - ₹3.9 L/yr 10% more
Shriram General Insurance Relationship Manager Salary 0 - 9 years exp. (7 salaries)	₹2.3 L/yr - ₹3.2 L/yr 14% less
Allianz Partners Relationship Manager Salary 4 - 8 years exp. (6 salaries)	₹3.9 L/yr - ₹6.5 L/yr 86% more

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Relationship Manager salary at General Insurance Corporation of India ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of General Insurance Corporation of India.

Experience wise General Insurance Corporation of India Relationship Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in General Insurance Corporation of India

Deputy Manager Salary

(9 salaries)

₹12 L/yr - ₹30 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Executive Salary

(4 salaries)

₹1.6 L/yr - ₹3.4 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.

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

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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General Insurance Corporation of India Relationship Manager Salary FAQs

How the salary growth look like for a Relationship Manager at General Insurance Corporation of India in India?

The salary growth for a Relationship Manager at General Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at General Insurance Corporation of India:

Experience	Average Salary Range
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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General Insurance Corporation of India Relationship Manager Salaries

General Insurance Corporation of India Relationship Manager salary in India ranges between ₹3 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 General Insurance Corporation of India latest salaries received from various employees of General Insurance Corporation of India.

General Insurance Corporation of India Relationship Manager salaries in India

Companies similar to General Insurance Corporation of India for Relationship Manager

Latest annual salaries shared by General Insurance Corporation of India Relationship Manager

Experience wise General Insurance Corporation of India Relationship Manager salaries

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

General Insurance Corporation of India Relationship Manager Salary FAQs

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