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General Insurance Corporation of India Salaries in India

based on 127 latest salaries
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BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Sales & Business Development + 3 more
Designation Avg Annual Salary Open Jobs
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

5 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

5 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

30 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.5 L/yr

1 year exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

14 years exp. (AmbitionBox Estimate)
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₹18.2 L/yr - ₹23.3 L/yr

9 years exp. (AmbitionBox Estimate)
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₹10.9 L/yr - ₹13.9 L/yr

4 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

1 year exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

4 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

12 years exp. (AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr

4 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.5 L/yr

6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

9 years exp. (AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.7 L/yr

21 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

Fresher (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Experience: NA  (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

10 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.7 L/yr

3 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

2 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Last Updated: 15 Dec, 2024

Salary related reviews for General Insurance Corporation of India

3.1

Rated by 27 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

 · 

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

 · 

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 Salary FAQs

How much does General Insurance Corporation of India pay per year?
The average General Insurance Corporation of India salary ranges from approximately ₹1.6 Lakh to ₹3.4 Lakhs per year for a Sales Executive and ₹22 Lakhs to ₹50 Lakhs per year for a Senior Manager. Salary estimates are based on 127 General Insurance Corporation of India salaries received from various employees of General Insurance Corporation of India. General Insurance Corporation of India employees rate the overall salary and benefits package 3.1/5 stars.
What is the highest salary in General Insurance Corporation of India?
The highest-paying job at General Insurance Corporation of India is a Senior Manager with a salary of ₹22 Lakhs to ₹50 Lakhs per year. The top 10% of employees earn more than ₹24.90 lakhs per year. The top 1% earn more than a whopping ₹42.40 lakhs per year.
What is the minimum salary in General Insurance Corporation of India?
Minimum salary at General Insurance Corporation of India depends on the role you are applying for. For Seles Executive the minimum salary is ₹1.4 Lakh to ₹1.7 Lakh per year, and for Sales Executive the minimum salary is ₹1.6 Lakh to ₹3.4 Lakhs per year and so on.
What is the notice period at General Insurance Corporation of India?
According to AmbitionBox, 39% of the General Insurance Corporation of India employees reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 51 responses on AmbitionBox in last 2 years.

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Average annual salary in General Insurance Corporation of India is INRunlock blur . Salary estimates are based on 127 General Insurance Corporation of India latest salaries received from various employees of General Insurance Corporation of India.

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