General Insurance Deputy Manager Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹3 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Deputy Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
Finance & Accounting Deputy Manager Salary 4 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr
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Sales & Business Development Deputy Manager Salary 2 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 13 Jun 2024

Companies similar to General Insurance for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Deputy Manager Salary 2 - 12 years exp. (5 salaries)	₹2.4 L/yr - ₹9.3 L/yr 13% more
ICICI Lombard General Insurance Company Deputy Manager Salary 5 - 13 years exp. (15 salaries)	₹4.7 L/yr - ₹13.3 L/yr 34% more
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HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (959 salaries)	₹3 L/yr - ₹10.3 L/yr 7% more
Bajaj Allianz General Insurance Deputy Manager Salary 5 - 16 years exp. (166 salaries)	₹7.5 L/yr - ₹16 L/yr 126% more	2 job openings
The New India Assurance Co. Deputy Manager Salary 7 - 13 years exp. (9 salaries)	₹17 L/yr - ₹26 L/yr 261% more
United India Insurance Company Deputy Manager Salary 10 - 14 years exp. (14 salaries)	₹11 L/yr - ₹24 L/yr 245% more
National Insurance Company Deputy Manager Salary 8 - 14 years exp. (12 salaries)	₹17 L/yr - ₹25 L/yr 266% more
Reliance General Insurance Deputy Manager Salary 1 - 10 years exp. (116 salaries)	₹3 L/yr - ₹7.5 L/yr 16% less
Tata AIG Deputy Manager Salary 2 - 9 years exp. (413 salaries)	₹2.3 L/yr - ₹9 L/yr 23% less	1 job opening
SBI General Insurance Deputy Manager Salary 4 - 11 years exp. (180 salaries)	₹4 L/yr - ₹9.1 L/yr 2% less
Bajaj Allianz Life Insurance Deputy Manager Salary 1 - 16 years exp. (297 salaries)	₹4.5 L/yr - ₹16.5 L/yr 94% more
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Future Generali India Life Insurance Deputy Manager Salary 4 - 17 years exp. (235 salaries)	₹4.1 L/yr - ₹14.9 L/yr 64% more	2 job openings
Aditya Birla Health Insurance Co Deputy Manager Salary 4 - 11 years exp. (229 salaries)	₹4 L/yr - ₹12.6 L/yr 44% more
Star Health & Allied Insurance Deputy Manager Salary 1 - 13 years exp. (201 salaries)	₹3 L/yr - ₹9.3 L/yr 10% more
Aditya Birla Sun Life Insurance Deputy Manager Salary 2 - 10 years exp. (187 salaries)	₹2.9 L/yr - ₹10 L/yr 9% more
Digit Insurance Deputy Manager Salary 2 - 14 years exp. (160 salaries)	₹6 L/yr - ₹17.5 L/yr 115% more
Canara HSBC Life Insurance Deputy Manager Salary 2 - 16 years exp. (119 salaries)	₹5.8 L/yr - ₹16 L/yr 77% more	1 job opening
Bharti AXA Life Insurance Deputy Manager Salary 3 - 15 years exp. (82 salaries)	₹3.5 L/yr - ₹6 L/yr 18% less
Reliance Nippon Life Insurance Deputy Manager Salary 1 - 17 years exp. (64 salaries)	₹3.7 L/yr - ₹12.4 L/yr 30% more
Niva Bupa Health Insurance Company Deputy Manager Salary 4 - 11 years exp. (60 salaries)	₹6 L/yr - ₹12.5 L/yr 49% more

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Deputy Manager salary at General Insurance ranges between ₹3 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of General Insurance.

Experience wise General Insurance Deputy Manager salaries

Last Updated: 13 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹10.9 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹10.4 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.9 L/yr

Similar Designation salaries in General Insurance

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(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Branch Manager Salary

(7 salaries)

₹5.25 L/yr - ₹13.8 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Program Manager Salary

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₹10 L/yr - ₹12.8 L/yr

Operations Manager Salary

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₹3 L/yr - ₹3.1 L/yr

Relationship Manager Salary

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₹2.5 L/yr - ₹4.15 L/yr

Team Lead Salary

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₹1.95 L/yr - ₹2.6 L/yr

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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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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General Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at General Insurance?

Deputy Manager salary at General Insurance in India ranges between ₹3.0 Lakhs to ₹9.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 42% less than the average Deputy Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of General Insurance India.

How does the salary of a Deputy Manager at General Insurance India compare with the average salary range for this job?

The average salary of a Deputy Manager at General Insurance is 42% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than General Insurance to a Deputy Manager in India?

National Insurance Company Deputy Manager Salary - ₹17.0 Lakhs to ₹25.0 Lakhs per year
The New India Assurance Co. Deputy Manager Salary - ₹17.0 Lakhs to ₹26.0 Lakhs per year
United India Insurance Company Deputy Manager Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year
AXA Business Services Deputy Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
Allstate Deputy Manager Salary - ₹6.3 Lakhs to ₹17.8 Lakhs per year

What is the salary of a Deputy Manager in companies similar to General Insurance in India?

Bajaj Allianz General Insurance Deputy Manager Salary - ₹7.5 Lakhs to ₹16.0 Lakhs per year
First American Corporation Deputy Manager Salary - ₹9.5 Lakhs to ₹17.0 Lakhs per year
Digit Insurance Deputy Manager Salary - ₹6.0 Lakhs to ₹17.5 Lakhs per year
Bajaj Allianz Life Insurance Deputy Manager Salary - ₹4.5 Lakhs to ₹16.5 Lakhs per year
Canara HSBC Life Insurance Deputy Manager Salary - ₹5.8 Lakhs to ₹16.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager at General Insurance in India?

The estimated take-home salary of a Deputy Manager at General Insurance ranges between ₹41,580 per month to ₹42,722 per month in India. The take-home salary calculation is based on the average General Insurance Deputy Manager salary in India which ranges between ₹3.0 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at General Insurance?

According to AmbitionBox, 100% of the General Insurance Deputy Managers 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 Deputy Manager Salaries

General Insurance Deputy Manager salary in India ranges between ₹3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 General Insurance latest salaries received from various employees of General Insurance.