General Insurance Assistant Vice President Salaries by Employees (Updated 2025)

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₹20.7 Lakhs - ₹26.5 Lakhs

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Last Updated: 4 Nov 2024

Companies similar to General Insurance for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Assistant Vice President Salary 10 - 21 years exp. (14 salaries)	₹14.2 L/yr - ₹31 L/yr 4% less
HDFC Ergo General Insurance Assistant Vice President Salary 10 - 20 years exp. (214 salaries)	₹9.6 L/yr - ₹35 L/yr 14% less
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Bajaj Allianz General Insurance Assistant Vice President Salary 13 - 22 years exp. (9 salaries)	₹20.1 L/yr - ₹43 L/yr 36% more
Reliance General Insurance Assistant Vice President Salary 15 - 19 years exp. (19 salaries)	₹13.7 L/yr - ₹38 L/yr 7% less
Tata AIG Assistant Vice President Salary 9 - 17 years exp. (11 salaries)	₹15 L/yr - ₹40 L/yr 9% more
SBI General Insurance Assistant Vice President Salary 11 - 20 years exp. (13 salaries)	₹18.2 L/yr - ₹34.9 L/yr 24% more
Tata AIA Life Insurance Assistant Vice President Salary 12 - 21 years exp. (57 salaries)	₹19.2 L/yr - ₹56.4 L/yr 37% more	20 job openings
Canara HSBC Life Insurance Assistant Vice President Salary 12 - 20 years exp. (41 salaries)	₹16 L/yr - ₹40 L/yr 14% more
Future Generali India Life Insurance Assistant Vice President Salary 11 - 22 years exp. (34 salaries)	₹16.2 L/yr - ₹30 L/yr 6% less	2 job openings
Medi Assist India Assistant Vice President Salary 10 - 21 years exp. (22 salaries)	₹15.8 L/yr - ₹33 L/yr 1% less
Niva Bupa Health Insurance Company Assistant Vice President Salary 14 - 20 years exp. (21 salaries)	₹17 L/yr - ₹30.2 L/yr 4% more
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Aditya Birla Health Insurance Co Assistant Vice President Salary 8 - 20 years exp. (12 salaries)	₹32.5 L/yr - ₹59 L/yr 67% more
Star Health & Allied Insurance Assistant Vice President Salary 4 - 22 years exp. (12 salaries)	₹22 L/yr - ₹50 L/yr 45% more
Aditya Birla Sun Life Insurance Assistant Vice President Salary 10 - 20 years exp. (7 salaries)	₹40 L/yr - ₹56 L/yr 74% more
Bharti AXA Life Insurance Assistant Vice President Salary 9 - 16 years exp. (7 salaries)	₹25 L/yr - ₹37 L/yr 17% more
Gallagher Assistant Vice President Salary 9 - 16 years exp. (6 salaries)	₹20 L/yr - ₹26 L/yr 2% less
Reliance Nippon Life Insurance Assistant Vice President Salary 5 - 20 years exp. (5 salaries)	₹14 L/yr - ₹31 L/yr 12% less
SBI Life Insurance Company Assistant Vice President Salary 13 - 21 years exp. (7 salaries)	₹17 L/yr - ₹22.5 L/yr 22% less
First American Corporation Assistant Vice President Salary 20 - 23 years exp. (4 salaries)	₹94 L/yr - ₹98 L/yr 304% more
Digit Insurance Assistant Vice President Salary 8 - 18 years exp. (4 salaries)	₹20 L/yr - ₹30 L/yr 3% more

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Assistant Vice President salary at General Insurance ranges between ₹20.7 Lakhs to ₹26.5 Lakhs per year for employees with 18 years of experience. Salary estimates are based on 1 latest salaries received from various employees of General Insurance.

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Salary related reviews for General Insurance

Kolkata in Kolkata

Sales & Business Development Department

4.0

• posted on 22 Apr 2021

4.0

for Salary and Benefits

Likes

I have worked in general insurance and i have experience and feild working habituated.I have issues policy from TATA, Chola, Shriram, Bajaj,go digit , ICICI Lombard from welcom financial Pvt Ltd Kolkata.I have interested with general insurance company

Salary - Good

+6 more

Dislikes

Nathing special but claim settlement should be fast for the customer's

LOSS ASSESSOR RISK INSPECTION ENGINEER,FACULTY in Noida

In industries --quality, production, in general insurance claims assess... Department

5.0

• posted on 20 Aug 2019

5.0

for Salary and Benefits

Likes

I am an expert in Motor claims of unlimited estimated loss. Carried out more than 11000 surveys so far. I like it and also delivered lectures in several national level seminars and work shops. I am honored to opine on the motor litigated and cases filed before the ombudsman for decision. I give my opinion on base of insurance laws and technicalities on the claims. I am also expert in pre insurance inspection /Risk Inspections also in Risk management of non motor insurance. I like the most above both jabs. I have deep knowledge of law and engineering/ technicality of the claims. I am very innovative with technology and laws and cooperative with the colleagues and do respect the bosses.

Salary - Excellent

+6 more

Dislikes

i like this industry. as my job is dependent on insurers so, some time i face deputation problem.

Regional Manager

BFSI, Investments & Trading Department

5.0

• posted on 16 Jul 2018

5.0

for Salary and Benefits

Likes

When Insurance industry was opened for for private participation in 2004, it was projected by market leaders that the existing public sector general insurance [PSGI] will be doomed in five years. Alas, that it was not to be. Even now the PSGI compnies hold more than 50% of Market Share of General Insurance Premium and is growing steadily and are making the Pvt. Sector Insurance companies run for their money. Unlike Life insurance where investments are made for long term, the general insurance contracts are annual in nature, yet the public confidence is still with PSGI companies. There can be delay but there won't be deny in case of any major catastrophe. Ofcourse, the PSGI companies have to be more customer friendly when it comes to hassle free acceptance of premium as well as settlement of claims by using the latest advanced automation/digitilaisation.

Salary - Excellent

+6 more

Dislikes

At times it may be frustrating for the really competent persons as out of turn recognition / elevation is not possible, as well as tougher industrial relations -- because of the undue advantage taken by certain undeserving elements taking protection under the prrevailing reservation system.

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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General Insurance Assistant Vice President Salary FAQs

What is the notice period for Assistant Vice President at General Insurance?

According to AmbitionBox, 100% of the General Insurance Assistant Vice Presidents reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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General Insurance Assistant Vice President Salaries

General Insurance Assistant Vice President salary in India ranges between ₹20.7 Lakhs to ₹26.5 Lakhs. This is an estimate based on latest salaries received from employees of General Insurance.