General Insurance Corporation of India Sales Manager Salaries by 2 Employees

0 - 7 years exp.

₹4.8 Lakhs - ₹6.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 7 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr
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CSR & Social Service Sales Manager Salary Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 4 Apr 2023

Companies similar to General Insurance Corporation of India for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 8 years exp. (412 salaries)	₹2.6 L/yr - ₹5.1 L/yr 25% less
Future Generali India Life Insurance Sales Manager Salary 0 - 9 years exp. (207 salaries)	₹2.2 L/yr - ₹5.7 L/yr 29% less	44 job openings
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Cholamandalam MS General Insurance Sales Manager Salary 1 - 10 years exp. (204 salaries)	₹1.7 L/yr - ₹6 L/yr 22% less
Pramerica Life Insurance Sales Manager Salary 0 - 7 years exp. (147 salaries)	₹2 L/yr - ₹4.7 L/yr 39% less	27 job openings
Bharti AXA Life Insurance Sales Manager Salary 1 - 12 years exp. (119 salaries)	₹2.1 L/yr - ₹7.4 L/yr 21% less
Aviva Life Insurance India Sales Manager Salary 1 - 13 years exp. (111 salaries)	₹1.9 L/yr - ₹5.3 L/yr 28% less
Edelweiss Life Insurance Sales Manager Salary 3 - 9 years exp. (41 salaries)	₹2.5 L/yr - ₹6 L/yr 27% less
Ageas Federal Life Insurance Sales Manager Salary 1 - 10 years exp. (25 salaries)	₹2.9 L/yr - ₹7.6 L/yr 16% less
MetLife Sales Manager Salary 1 - 7 years exp. (22 salaries)	₹1.8 L/yr - ₹4 L/yr 40% less
Magma HDI General Insurance Sales Manager Salary 0 - 13 years exp. (18 salaries)	₹3.3 L/yr - ₹7.3 L/yr 16% less
IndiaFirst Life Insurance Sales Manager Salary 2 - 8 years exp. (18 salaries)	₹2.4 L/yr - ₹6.1 L/yr 26% less
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Royal Sundaram General Insurance Sales Manager Salary 1 - 10 years exp. (18 salaries)	₹1.8 L/yr - ₹8.9 L/yr 23% less
Liberty General Insurance Sales Manager Salary 4 - 10 years exp. (16 salaries)	₹2.8 L/yr - ₹8.2 L/yr 1% more
ManipalCigna Health Insurance Sales Manager Salary 1 - 15 years exp. (15 salaries)	₹3 L/yr - ₹6 L/yr 29% less
Bajaj Capital Insurance Sales Manager Salary 1 - 7 years exp. (14 salaries)	₹0.3 L/yr - ₹4.3 L/yr 57% less
Universal Sompo General Insurance Sales Manager Salary 3 - 15 years exp. (13 salaries)	₹2.1 L/yr - ₹6.5 L/yr 1% more
Aegon Life Insurance Sales Manager Salary 3 - 9 years exp. (12 salaries)	₹3.5 L/yr - ₹6 L/yr 18% less
Mahindra Insurance Brokers Sales Manager Salary 5 - 15 years exp. (6 salaries)	₹3.2 L/yr - ₹5 L/yr 21% less
Shriram General Insurance Sales Manager Salary 2 - 13 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 43% less
Policyboss.com Sales Manager Salary 4 - 8 years exp. (4 salaries)	₹3.9 L/yr - ₹7 L/yr 21% less

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Sales Manager salary at General Insurance Corporation of India ranges between ₹4.8 Lakhs to ₹6.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 2 latest salaries received from various employees of General Insurance Corporation of India.

Similar Designation salaries in General Insurance Corporation of India

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

Deputy Manager Salary

(9 salaries)

₹12 L/yr - ₹30 L/yr

Sales Executive Salary

(4 salaries)

₹1.6 L/yr - ₹3.4 L/yr

Relationship Manager Salary

(3 salaries)

₹3 L/yr - ₹3.5 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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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General Insurance Corporation of India Sales Manager Salary FAQs

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

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.2 Lakhs per year
7 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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General Insurance Corporation of India Sales Manager Salaries

General Insurance Corporation of India Sales Manager salary in India ranges between ₹4.8 Lakhs to ₹6.2 Lakhs. This is an estimate based on latest salaries received from employees of General Insurance Corporation of India.