General Insurance Operations Manager Salaries by 3 Employees

1 - 5 years exp.

₹3 Lakhs - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

72% less than the average Operations Manager Salary in Insurance Companies for 1 - 5 years of experience

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Last Updated: 13 Mar 2023

Companies similar to General Insurance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Operations Manager Salary 1 - 16 years exp. (4 salaries)	₹2 L/yr - ₹4.5 L/yr 7% more
ICICI Lombard General Insurance Company Operations Manager Salary 1 - 11 years exp. (288 salaries)	₹1.8 L/yr - ₹9 L/yr 47% more
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HDFC Ergo General Insurance Operations Manager Salary 6 - 14 years exp. (20 salaries)	₹2.3 L/yr - ₹9.6 L/yr 86% more
Bajaj Allianz General Insurance Operations Manager Salary 0 - 14 years exp. (13 salaries)	₹1.5 L/yr - ₹6.3 L/yr 69% more
Reliance General Insurance Operations Manager Salary 3 - 16 years exp. (48 salaries)	₹2.4 L/yr - ₹9 L/yr 61% more
Tata AIG Operations Manager Salary 3 - 13 years exp. (31 salaries)	₹3.3 L/yr - ₹10 L/yr 86% more
SBI General Insurance Operations Manager Salary 2 - 16 years exp. (5 salaries)	₹3.8 L/yr - ₹6.3 L/yr 52% more
SBI Life Insurance Company Operations Manager Salary 6 - 18 years exp. (44 salaries)	₹3.6 L/yr - ₹13 L/yr 167% more
Medi Assist India Operations Manager Salary 7 - 18 years exp. (29 salaries)	₹6 L/yr - ₹10.7 L/yr 171% more
AXA Business Services Operations Manager Salary 11 - 20 years exp. (29 salaries)	₹10.1 L/yr - ₹25 L/yr 571% more
MetLife Operations Manager Salary 7 - 19 years exp. (22 salaries)	₹16.6 L/yr - ₹30.4 L/yr 648% more
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Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 286% more
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 178% more
Aditya Birla Health Insurance Co Operations Manager Salary 2 - 14 years exp. (13 salaries)	₹3.4 L/yr - ₹10.6 L/yr 102% more
Guardian India Operations Manager Salary 9 - 15 years exp. (14 salaries)	₹8.1 L/yr - ₹16 L/yr 284% more
Principal Global Services Operations Manager Salary 12 - 17 years exp. (11 salaries)	₹15 L/yr - ₹27 L/yr 622% more
Reliance Nippon Life Insurance Operations Manager Salary 5 - 16 years exp. (10 salaries)	₹2.9 L/yr - ₹3.9 L/yr 16% more
Niva Bupa Health Insurance Company Operations Manager Salary 11 - 17 years exp. (10 salaries)	₹5.8 L/yr - ₹8.1 L/yr 110% more
First American Corporation Operations Manager Salary 15 - 21 years exp. (9 salaries)	₹15 L/yr - ₹23 L/yr 432% more
Allstate Operations Manager Salary 15 - 19 years exp. (8 salaries)	₹17.5 L/yr - ₹50 L/yr 1166% more

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Operations Manager salary at General Insurance ranges between ₹3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of General Insurance.

Experience wise General Insurance Operations Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

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Operations Executive Salary

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₹6.8 L/yr - ₹8.6 L/yr

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₹2.3 L/yr - ₹4.5 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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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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General Insurance Operations Manager Salary FAQs

How the salary growth look like for a Operations Manager at General Insurance in India?

The salary growth for a Operations Manager at General Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at General Insurance:

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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General Insurance Operations Manager Salaries

General Insurance Operations Manager salary in India ranges between ₹3 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 General Insurance latest salaries received from various employees of General Insurance.

General Insurance Operations Manager salaries in India

Companies similar to General Insurance for Operations Manager

Latest annual salaries shared by General Insurance Operations Manager

Experience wise General Insurance Operations Manager salaries

Similar Designation salaries in General Insurance

Salary related reviews for General Insurance

Kolkata in Kolkata

LOSS ASSESSOR RISK INSPECTION ENGINEER,FACULTY in Noida

Regional Manager

General Insurance Operations Manager Salary FAQs

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