General Insurance Sales Manager Salaries by 7 Employees (Updated 2025)

0 - 15 years exp.

₹2.5 Lakhs - ₹6 Lakhs

Salary of majority employees

38% less than the average Sales Manager Salary in Insurance Companies for 0 - 15 years of experience

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Last Updated: 8 Sep 2024

Companies similar to General Insurance for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Sales Manager Salary 1 - 12 years exp. (19 salaries)	₹2 L/yr - ₹6.5 L/yr 3% less
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 16 years exp. (714 salaries)	₹3.5 L/yr - ₹11.3 L/yr 62% more
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HDFC Ergo General Insurance Sales Manager Salary 0 - 10 years exp. (283 salaries)	₹2.2 L/yr - ₹7.7 L/yr At par
Bajaj Allianz General Insurance Sales Manager Salary 0 - 13 years exp. (468 salaries)	₹1.8 L/yr - ₹6.7 L/yr 8% more	56 job openings
United India Insurance Company Sales Manager Salary 10 - 14 years exp. (4 salaries)	₹3.3 L/yr - ₹4.3 L/yr 16% less
Reliance General Insurance Sales Manager Salary 0 - 14 years exp. (591 salaries)	₹1.9 L/yr - ₹8.3 L/yr 20% more	26 job openings
Tata AIG Sales Manager Salary 2 - 13 years exp. (309 salaries)	₹2.5 L/yr - ₹10.8 L/yr 44% more	2 job openings
SBI General Insurance Sales Manager Salary 3 - 11 years exp. (13 salaries)	₹3.3 L/yr - ₹6.2 L/yr 1% less
Aditya Birla Health Insurance Co Sales Manager Salary 0 - 8 years exp. (400 salaries)	₹2.6 L/yr - ₹5.1 L/yr 7% less
Reliance Nippon Life Insurance Sales Manager Salary 0 - 10 years exp. (249 salaries)	₹1.2 L/yr - ₹6 L/yr 26% less
Star Health & Allied Insurance Sales Manager Salary 0 - 10 years exp. (229 salaries)	₹0.6 L/yr - ₹6 L/yr 29% less
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Aditya Birla Sun Life Insurance Sales Manager Salary 1 - 10 years exp. (229 salaries)	₹2.2 L/yr - ₹10 L/yr 44% more
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (206 salaries)	₹1.6 L/yr - ₹7 L/yr 22% less	3 job openings
Future Generali India Life Insurance Sales Manager Salary 0 - 9 years exp. (362 salaries)	₹2 L/yr - ₹6.3 L/yr 13% less	26 job openings
Tata AIA Life Insurance Sales Manager Salary 4 - 11 years exp. (184 salaries)	₹2.4 L/yr - ₹9 L/yr 30% more	13 job openings
Bharti AXA Life Insurance Sales Manager Salary 1 - 12 years exp. (118 salaries)	₹2.1 L/yr - ₹7.4 L/yr At par
Canara HSBC Life Insurance Sales Manager Salary 3 - 10 years exp. (86 salaries)	₹2.1 L/yr - ₹9 L/yr 23% more
SBI Life Insurance Company Sales Manager Salary 0 - 10 years exp. (82 salaries)	₹1.2 L/yr - ₹5.6 L/yr 17% less
Niva Bupa Health Insurance Company Sales Manager Salary 0 - 10 years exp. (85 salaries)	₹2.4 L/yr - ₹8.2 L/yr 8% less
MetLife Sales Manager Salary 1 - 7 years exp. (22 salaries)	₹1.8 L/yr - ₹4 L/yr 25% less

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Sales Manager salary at General Insurance ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 7 latest salaries received from various employees of General Insurance.

Experience wise General Insurance Sales Manager salaries

Last Updated: 8 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.1 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.4 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
14 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
15+ years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr

View all

Similar Designation salaries in General Insurance

Area Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Branch Manager Salary

(7 salaries)

₹5.25 L/yr - ₹13.8 L/yr

Area Sales Manager Salary

(4 salaries)

₹4 L/yr - ₹8.25 L/yr

Sales Officer Salary

(5 salaries)

₹2.8 L/yr - ₹2.9 L/yr

Deputy Manager Salary

(4 salaries)

₹3 L/yr - ₹9 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Sales Executive Salary

(12 salaries)

₹1 L/yr - ₹3.15 L/yr

Territory Manager Salary

(5 salaries)

₹5.05 L/yr - ₹8.9 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 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

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 Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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General Insurance Sales Manager Salary FAQs

What is the salary of Sales Manager at General Insurance?

Sales Manager salary at General Insurance in India ranges between ₹2.5 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 38% less than the average Sales Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of General Insurance India.

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

The average salary of a Sales Manager at General Insurance is 38% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

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

Guardian India Sales Manager Salary - ₹8.0 Lakhs to ₹14.0 Lakhs per year
Medi Assist India Sales Manager Salary - ₹1.9 Lakhs to ₹14.2 Lakhs per year
ICICI Lombard General Insurance Company Sales Manager Salary - ₹3.5 Lakhs to ₹11.3 Lakhs per year
Digit Insurance Sales Manager Salary - ₹6.1 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Sun Life Insurance Sales Manager Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year

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

Tata AIG Sales Manager Salary - ₹2.5 Lakhs to ₹10.8 Lakhs per year
Tata AIA Life Insurance Sales Manager Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year
Canara HSBC Life Insurance Sales Manager Salary - ₹2.1 Lakhs to ₹9.0 Lakhs per year
Reliance General Insurance Sales Manager Salary - ₹1.9 Lakhs to ₹8.3 Lakhs per year
Bajaj Allianz General Insurance Sales Manager Salary - ₹1.8 Lakhs to ₹6.7 Lakhs per year

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

The estimated take-home salary of a Sales Manager at General Insurance ranges between ₹32,236 per month to ₹33,517 per month in India. The take-home salary calculation is based on the average General Insurance Sales Manager salary in India which ranges between ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the General Insurance Sales Managers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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General Insurance Sales Manager Salaries

General Insurance Sales Manager salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 General Insurance latest salaries received from various employees of General Insurance.