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General Insurance Corporation of India Senior Manager salaries in Mumbai

Annual salary range
10 - 15 years exp.
₹22 Lakhs - ₹50 Lakhs
Salary of majority employees
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39% more than the average Senior Manager Salary in Insurance Companies for 10 - 15 years of experience

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Last Updated: 5 Nov 2024

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

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General Insurance Corporation of India Senior Manager Salary

10 - 15 years exp. (9 salaries)

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₹22 L/yr - ₹50 L/yr

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₹4.5 L/yr - ₹14.9 L/yr

arrow icon 66% less
1 job opening
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₹7 L/yr - ₹25 L/yr

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₹6.5 L/yr - ₹15 L/yr

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Tata AIG Senior Manager Salary

1 - 11 years exp. (191 salaries)

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₹4.8 L/yr - ₹17.8 L/yr

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4 job openings
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SBI General Insurance Senior Manager Salary

5 - 16 years exp. (25 salaries)

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₹6.5 L/yr - ₹24 L/yr

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₹11.7 L/yr - ₹30 L/yr

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IndiaFirst Life Insurance Senior Manager Salary

4 - 15 years exp. (44 salaries)

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₹8.2 L/yr - ₹24.6 L/yr

arrow icon 48% less
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₹9 L/yr - ₹27.8 L/yr

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Bharti AXA Life Insurance Senior Manager Salary

6 - 17 years exp. (29 salaries)

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₹8.8 L/yr - ₹22.3 L/yr

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₹10.1 L/yr - ₹28 L/yr

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₹14.5 L/yr - ₹34.5 L/yr

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Medi Assist India Senior Manager Salary

10 - 18 years exp. (16 salaries)

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₹7 L/yr - ₹17 L/yr

arrow icon 56% less
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₹5.1 L/yr - ₹8 L/yr

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Digit Insurance Senior Manager Salary

5 - 14 years exp. (6 salaries)

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₹16 L/yr - ₹25.5 L/yr

arrow icon 30% less
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₹3.5 L/yr - ₹13.3 L/yr

arrow icon 74% less
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₹10 L/yr - ₹17 L/yr

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Pramerica Life Insurance Senior Manager Salary

11 - 14 years exp. (3 salaries)

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₹7.9 L/yr - ₹15.2 L/yr

arrow icon 67% less
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Shriram General Insurance Senior Manager Salary

10 - 13 years exp. (3 salaries)

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₹6 L/yr - ₹9 L/yr

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Senior Manager salary at General Insurance Corporation of India ranges between ₹22 Lakhs to ₹50 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of General Insurance Corporation of India.

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

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13 years exp.
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15 years exp.
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Experience wise General Insurance Corporation of India Senior Manager salaries in Mumbai

Last Updated: 5 Nov 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹24 L/yr - ₹51.1 L/yr
11 years (AmbitionBox Estimate)

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₹22 L/yr - ₹35 L/yr
12 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹35 L/yr
13 years  (3 salaries)

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₹23 L/yr - ₹30 L/yr
14 years (AmbitionBox Estimate)

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₹27.2 L/yr - ₹34.7 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

3.0

Rated by 3 employees for salary & benefits

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

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Full Time

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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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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.

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Full Time

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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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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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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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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 Senior Manager Salary FAQs

What is the salary of Senior Manager at General Insurance Corporation of India Mumbai?
Senior Manager salary at General Insurance Corporation of India in Mumbai ranges between ₹22.0 Lakhs to ₹50.0 Lakhs for experience between 10 years to 15 years. According to our estimates it is 39% more than the average Senior Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of General Insurance Corporation of India Mumbai.
How does the salary of a Senior Manager at General Insurance Corporation of India Mumbai compare with the average salary range for this job?
The average salary of a Senior Manager at General Insurance Corporation of India is 39% more than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.
What is the salary of a Senior Manager in companies similar to General Insurance Corporation of India in Mumbai?
  • Digit Insurance Senior Manager Salary - ₹16.0 Lakhs to ₹25.5 Lakhs per year
  • Ageas Federal Life Insurance Senior Manager Salary - ₹14.5 Lakhs to ₹34.5 Lakhs per year
  • Future Generali India Life Insurance Senior Manager Salary - ₹11.7 Lakhs to ₹30.0 Lakhs per year
  • ManipalCigna Health Insurance Senior Manager Salary - ₹10.1 Lakhs to ₹28.0 Lakhs per year
  • Edelweiss Tokio Life Insurance Senior Manager Salary - ₹9.0 Lakhs to ₹27.8 Lakhs per year
What is the estimated take home salary of a Senior Manager at General Insurance Corporation of India in Mumbai?
The estimated take-home salary of a Senior Manager at General Insurance Corporation of India ranges between ₹1,82,547 per month to ₹1,89,665 per month in Mumbai. The take-home salary calculation is based on the average General Insurance Corporation of India Senior Manager salary in India which ranges between ₹22.0 Lakhs to ₹50.0 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at General Insurance Corporation of India in Mumbai?
According to AmbitionBox, 100% of the General Insurance Corporation of India Senior Managers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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General Insurance Corporation of India Senior Manager salary in Mumbai ranges between ₹22 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 General Insurance Corporation of India latest salaries received from various employees of General Insurance Corporation of India.