General Insurance Relationship Manager Salaries by 8 Employees (Updated 2025)

0 - 9 years exp.

₹2.5 Lakhs - ₹4.2 Lakhs

Salary of majority employees

33% less than the average Relationship Manager Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 0 - 9 years exp. (5 salaries)	₹3.2 L/yr - ₹4.2 L/yr
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BFSI, Investments & Trading Relationship Manager Salary 1 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 4 Jun 2024

Companies similar to General Insurance for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Relationship Manager Salary 0 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹5 L/yr 18% more
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 12 years exp. (310 salaries)	₹2.3 L/yr - ₹9.5 L/yr 38% more
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HDFC Ergo General Insurance Relationship Manager Salary 1 - 7 years exp. (96 salaries)	₹1.9 L/yr - ₹6 L/yr 8% more
Bajaj Allianz General Insurance Relationship Manager Salary 0 - 9 years exp. (324 salaries)	₹1.8 L/yr - ₹6.5 L/yr 14% more	68 job openings
Reliance General Insurance Relationship Manager Salary 4 - 12 years exp. (35 salaries)	₹3 L/yr - ₹8.3 L/yr 43% more
Tata AIG Relationship Manager Salary 0 - 12 years exp. (886 salaries)	₹2.1 L/yr - ₹7.8 L/yr 39% more	32 job openings
SBI General Insurance Relationship Manager Salary 1 - 9 years exp. (209 salaries)	₹1.8 L/yr - ₹6.6 L/yr 2% more
Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (1.1k salaries)	₹1.8 L/yr - ₹5.6 L/yr 18% more	187 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 10 years exp. (763 salaries)	₹1.6 L/yr - ₹5 L/yr 1% less	5 job openings
Niva Bupa Health Insurance Company Relationship Manager Salary 0 - 11 years exp. (545 salaries)	₹1.9 L/yr - ₹4.8 L/yr 8% more
Future Generali India Life Insurance Relationship Manager Salary 0 - 6 years exp. (216 salaries)	₹2 L/yr - ₹4.3 L/yr 9% less	56 job openings
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Star Health & Allied Insurance Relationship Manager Salary 0 - 10 years exp. (278 salaries)	₹1.6 L/yr - ₹4.2 L/yr 2% less
Aditya Birla Sun Life Insurance Relationship Manager Salary 0 - 7 years exp. (246 salaries)	₹2 L/yr - ₹6 L/yr 11% more
Reliance Nippon Life Insurance Relationship Manager Salary 0 - 8 years exp. (136 salaries)	₹1.7 L/yr - ₹5.1 L/yr 3% more
Canara HSBC Life Insurance Relationship Manager Salary 1 - 9 years exp. (205 salaries)	₹2.5 L/yr - ₹6 L/yr 11% more
Bharti AXA Life Insurance Relationship Manager Salary 1 - 9 years exp. (208 salaries)	₹2.3 L/yr - ₹5.3 L/yr 17% more	5 job openings
Aditya Birla Health Insurance Co Relationship Manager Salary 0 - 7 years exp. (179 salaries)	₹2.1 L/yr - ₹8.5 L/yr 51% more
Digit Insurance Relationship Manager Salary 1 - 11 years exp. (55 salaries)	₹2.4 L/yr - ₹6.6 L/yr 29% more	8 job openings
SBI Life Insurance Company Relationship Manager Salary 2 - 10 years exp. (51 salaries)	₹2.5 L/yr - ₹6.5 L/yr 24% more
MetLife Relationship Manager Salary 2 - 7 years exp. (8 salaries)	₹3.3 L/yr - ₹3.9 L/yr 3% more

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Relationship Manager salary at General Insurance ranges between ₹2.5 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 8 latest salaries received from various employees of General Insurance.

Experience wise General Insurance Relationship Manager salaries

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.8 L/yr
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2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.2 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.1 L/yr

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Deputy Manager Salary

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Territory Manager Salary

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Sales Manager Salary

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₹2.5 L/yr - ₹6 L/yr

Area Sales Manager Salary

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Area Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Territory Sales Manager Salary

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₹2.2 L/yr - ₹4.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Sales Coordinator Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Officer Salary

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₹2.8 L/yr - ₹2.9 L/yr

Salary related reviews for General Insurance

5.0

Rated by 1 employees for salary & benefits

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

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.

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.

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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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General Insurance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at General Insurance?

Relationship Manager salary at General Insurance in India ranges between ₹2.5 Lakhs to ₹4.2 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 33% less than the average Relationship Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of General Insurance India.

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

The average salary of a Relationship Manager at General Insurance is 33% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

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

Aditya Birla Health Insurance Co Relationship Manager Salary - ₹2.1 Lakhs to ₹8.5 Lakhs per year
Reliance General Insurance Relationship Manager Salary - ₹3.0 Lakhs to ₹8.3 Lakhs per year
Tata AIG Relationship Manager Salary - ₹2.1 Lakhs to ₹7.8 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.3 Lakhs to ₹9.5 Lakhs per year
Digit Insurance Relationship Manager Salary - ₹2.4 Lakhs to ₹6.6 Lakhs per year

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

SBI Life Insurance Company Relationship Manager Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year
Tata AIA Life Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹5.6 Lakhs per year
Life Insurance Corporation of India Relationship Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
Bharti AXA Life Insurance Relationship Manager Salary - ₹2.3 Lakhs to ₹5.3 Lakhs per year
Bajaj Allianz General Insurance Relationship Manager Salary - ₹1.8 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at General Insurance ranges between ₹24,492 per month to ₹25,938 per month in India. The take-home salary calculation is based on the average General Insurance Relationship Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the General Insurance Relationship Managers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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General Insurance Relationship Manager Salaries

General Insurance Relationship Manager salary in India ranges between ₹2.5 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 General Insurance latest salaries received from various employees of General Insurance.