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General Insurance Deputy Manager salaries in India

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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43% 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)
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₹2.7 L/yr - ₹3.3 L/yr

Finance & Accounting
Deputy Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹9.9 L/yr

Sales & Business Development
Deputy Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹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
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Tata AIG Deputy Manager Salary

2 - 9 years exp. (414 salaries)

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₹2.3 L/yr - ₹9 L/yr

arrow icon 22% less
2 job openings
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₹5 L/yr - ₹16.5 L/yr

arrow icon 87% more
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₹4 L/yr - ₹12.6 L/yr

arrow icon 43% more
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₹4.2 L/yr - ₹14.6 L/yr

arrow icon 67% more
2 job openings
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₹2.7 L/yr - ₹10 L/yr

arrow icon 11% more
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₹2.9 L/yr - ₹10 L/yr

arrow icon 12% more
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Reliance General Insurance Deputy Manager Salary

1 - 10 years exp. (119 salaries)

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₹3 L/yr - ₹7.5 L/yr

arrow icon 15% less
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Canara HSBC Life Insurance Deputy Manager Salary

2 - 16 years exp. (114 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 77% more
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Bharti AXA Life Insurance Deputy Manager Salary

3 - 15 years exp. (81 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 18% less
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₹3.7 L/yr - ₹12.4 L/yr

arrow icon 30% more
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Shriram General Insurance Deputy Manager Salary

1 - 13 years exp. (62 salaries)

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₹4 L/yr - ₹7.8 L/yr

At par
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₹5 L/yr - ₹12 L/yr

arrow icon 42% more
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Pramerica Life Insurance Deputy Manager Salary

3 - 15 years exp. (52 salaries)

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₹4.8 L/yr - ₹14.7 L/yr

arrow icon 82% more
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Shriram Life Insurance Deputy Manager Salary

3 - 15 years exp. (44 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 26% more
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₹2.5 L/yr - ₹10 L/yr

arrow icon 16% more
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Allianz Services Deputy Manager Salary

8 - 17 years exp. (35 salaries)

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₹8 L/yr - ₹16.5 L/yr

arrow icon 99% more
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First American Corporation Deputy Manager Salary

11 - 19 years exp. (16 salaries)

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₹9.5 L/yr - ₹16.5 L/yr

arrow icon 124% more
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Tata AIA Life Insurance Deputy Manager Salary

3 - 8 years exp. (15 salaries)

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₹3.2 L/yr - ₹8 L/yr

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₹3.1 L/yr - ₹5.8 L/yr

arrow icon 27% less
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AXA Business Services Deputy Manager Salary

5 - 10 years exp. (6 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 163% more
View all
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.

Latest annual salaries shared by General Insurance Deputy Manager

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2 years exp.
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Experience wise General Insurance Deputy Manager salaries

Last Updated: 13 Jun 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr

Similar Designation salaries in General Insurance

Team Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Branch Manager Salary
(7 salaries)
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₹5.25 L/yr - ₹13.8 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
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₹28 L/yr - ₹31 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹10 L/yr - ₹12.8 L/yr
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₹3 L/yr - ₹3.1 L/yr
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₹2.5 L/yr - ₹4.15 L/yr
Team Lead Salary
(3 salaries)
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₹2.3 L/yr - ₹4.5 L/yr
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₹1.95 L/yr - ₹2.6 L/yr

Salary related reviews for General Insurance

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

read more
  • Salary - Good
  • +6 more

Dislikes

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

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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.

read more
  • 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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General Insurance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at General Insurance ?
The average salary of a Deputy Manager at General Insurance in India typically ranges from ₹3.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Deputy Manager at General Insurance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Deputy Manager Salaries at General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 General Insurance employees in India.
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 in India typically ranges from ₹41,580 to ₹42,722 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than General Insurance for Deputy Manager in India?
AXA Business Services ₹10.0 Lakhs to ₹20.0 Lakhs per year
Allstate ₹6.3 Lakhs to ₹17.8 Lakhs per year
First American Corporation ₹9.5 Lakhs to ₹16.5 Lakhs per year
Allianz Services ₹8.0 Lakhs to ₹16.5 Lakhs per year
Bajaj Allianz Life Insurance ₹5.0 Lakhs to ₹16.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by General Insurance, depending on the role and experience level.
What is the salary of a Deputy Manager in companies similar to General Insurance in India?
The salary of a Deputy Manager at companies similar to General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Pramerica Life Insurance ₹4.8 Lakhs to ₹14.7 Lakhs per year
Canara HSBC Life Insurance ₹5.0 Lakhs to ₹16.0 Lakhs per year
Future Generali India Life Insurance ₹4.2 Lakhs to ₹14.6 Lakhs per year
Aditya Birla Health Insurance Co ₹4.0 Lakhs to ₹12.6 Lakhs per year
Niva Bupa Health Insurance Company ₹5.0 Lakhs to ₹12.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Deputy Manager at General Insurance in India?
The salary growth for a Deputy Manager at General Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at General Insurance:

Experience Average Salary Range
2 years ₹5.4 Lakhs to ₹7.0 Lakhs per year
3 years ₹5.2 Lakhs to ₹6.6 Lakhs per year
4 years ₹5.0 Lakhs to ₹6.3 Lakhs per year
5 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
and so on.

Tell us how to improve this page.

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