Iffco Tokio General Insurance Co. General Manager Salaries by 20+ Employees

17 - 26 years exp.

₹25 Lakhs - ₹41 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average General Manager Salary in Insurance Companies for 17 - 26 years of experience

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Salaries in different departments

BFSI, Investments & Trading General Manager Salary 18 - 26 years exp. (12 salaries)	₹25 L/yr - ₹40 L/yr
Data Science & Analytics General Manager Salary 17 - 19 years exp. (AmbitionBox Estimate)	₹31.4 L/yr - ₹32.7 L/yr
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Marketing & Communication General Manager Salary 18 - 19 years exp. (AmbitionBox Estimate)	₹29 L/yr - ₹34 L/yr
Strategic & Top Management General Manager Salary 25 - 26 years exp. (AmbitionBox Estimate)	₹31.3 L/yr - ₹35 L/yr

Last Updated: 2 Dec 2024

Companies similar to Iffco Tokio General Insurance Co. for General Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Life General Manager Salary 10 - 24 years exp. (27 salaries)	₹18 L/yr - ₹26 L/yr 27% less
Star Health & Allied Insurance General Manager Salary 10 - 20 years exp. (11 salaries)	₹14 L/yr - ₹36.6 L/yr 36% less
Login to view exact salary
PNB MetLife General Manager Salary 10 - 19 years exp. (9 salaries)	₹26.7 L/yr - ₹50.5 L/yr 30% more	1 job opening
MDIndia Health Insurance TPA General Manager Salary 15 - 18 years exp. (4 salaries)	₹15 L/yr - ₹28 L/yr 34% less
Bajaj Allianz Life Insurance General Manager Salary 12 - 25 years exp. (4 salaries)	₹30 L/yr - ₹35 L/yr At par
ICICI Lombard General Insurance Company General Manager Salary 0 - 19 years exp. (3 salaries)	₹10 L/yr - ₹30 L/yr 38% less
Guardian India General Manager Salary 15 - 23 years exp. (3 salaries)	₹33 L/yr - ₹95 L/yr 99% more

General Manager salary at Iffco Tokio General Insurance Co. ranges between ₹25 Lakhs to ₹41 Lakhs per year for employees with experience between 17 years to 26 years. Salary estimates are based on 25 latest salaries received from various employees of Iffco Tokio General Insurance Co..

Latest annual salaries shared by Iffco Tokio General Insurance Co. General Manager

3mo ago

₹35 Lakhs

26 years exp.

5mo ago

₹32 Lakhs

22 years exp.

5mo ago

₹26 Lakhs

20 years exp.

6mo ago

₹32 Lakhs

22 years exp.

6mo ago

₹30 Lakhs

21 years exp.

7mo ago

19 years exp.

11mo ago

21 years exp.

1y ago

20 years exp.

1y ago

18 years exp.

1y ago

25 years exp.

Experience wise Iffco Tokio General Insurance Co. General Manager salaries

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
15+ years (25 salaries)	₹25 L/yr - ₹41 L/yr
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Similar Designation salaries in Iffco Tokio General Insurance Co.

Area Manager Salary

(8 salaries)

₹3.65 L/yr - ₹7 L/yr

Sales Manager Salary

(14 salaries)

₹3.6 L/yr - ₹6.5 L/yr

Deputy General Manager Salary

(27 salaries)

₹21.1 L/yr - ₹33.75 L/yr

Cluster Manager Salary

(4 salaries)

₹5.5 L/yr - ₹8.3 L/yr

Operations Manager Salary

(23 salaries)

₹1.7 L/yr - ₹9.5 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

General Manager Operations Salary

(AmbitionBox Estimate)

₹31.1 L/yr - ₹39.7 L/yr

Unit Head Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Head Operations Salary

(5 salaries)

₹3 L/yr - ₹5 L/yr

Business Development Manager Salary

(7 salaries)

₹3.4 L/yr - ₹10.66 L/yr

Salary related reviews for Iffco Tokio General Insurance Co.

4.6

Rated by 3 employees for salary & benefits

Consultant in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 23 Feb 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing

Senior Officer in Chandigarh

Full Time

Sales & Business Development Department

5.0

• posted on 05 May 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good appraisals and fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Career growth is slow

District Manager in Shahdol

Full Time

Insurance Department

5.0

• posted on 22 Apr 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike every year.

Salary - Excellent

+6 more

Dislikes

Salary is Good But Career Growth is Slow...

Senior Executive in Gurgaon / Gurugram

Finance & Accounting Department

1.0

• posted on 25 Apr 2021

1.0

for Salary and Benefits

Likes

Work culture is pathetic because management require 7 days a week working with no extra pay on week end holidays while company claims 5 days in a week work culture. Company require from employee to present in time in the morning which is good but no evening off timing and there is no extra payment for same but if you come late in the morning your salary will be deducted if employee crosses 1 hour buffer time in a month.

Job security - Good

Dislikes

Salary - Bad
Skill development - Bad

+4 more

Operations Executive in Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

...blem but if you are on third party payroll then you can never come on payroll... No benifits offer to third party payroll and salary is also not satisfactory....

Work-life balance - Good

Dislikes

Salary - Bad
Skill development - Bad

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Iffco Tokio General Insurance Co. General Manager Salary FAQs

What is the salary of General Manager at Iffco Tokio General Insurance Co. ?

The average salary of a General Manager at Iffco Tokio General Insurance Co. in India typically ranges from ₹25.0 Lakhs to ₹41.0 Lakhs per year, depending on experience (from 17 years to 26 years).

The top 10% of General Manager at Iffco Tokio General Insurance Co. earn more than ₹38.0 Lakhs per year, and the top 1% earn over ₹41.0 Lakhs per year. General Manager Salaries at Iffco Tokio General Insurance Co. 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 20+ Iffco Tokio General Insurance Co. employees in India.

What is the estimated take home salary of a General Manager at Iffco Tokio General Insurance Co. in India?

The estimated take-home salary of a General Manager at Iffco Tokio General Insurance Co. in India typically ranges from ₹1,97,714 to ₹2,05,517 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹41.0 Lakhs per year for employees with experience ranging from 17 years to 26 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 20+ salaries received from various employees of Iffco Tokio General Insurance Co.. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Iffco Tokio General Insurance Co. for General Manager in India?

Guardian India	₹33.0 Lakhs to ₹95.0 Lakhs per year
PNB MetLife	₹26.7 Lakhs to ₹50.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Iffco Tokio General Insurance Co., depending on the role and experience level.

What is the salary of a General Manager in companies similar to Iffco Tokio General Insurance Co. in India?

The salary of a General Manager at companies similar to Iffco Tokio General Insurance Co. in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance	₹30.0 Lakhs to ₹35.0 Lakhs per year
HDFC Life	₹18.0 Lakhs to ₹26.0 Lakhs per year
MDIndia Health Insurance TPA	₹15.0 Lakhs to ₹28.0 Lakhs per year
Star Health & Allied Insurance	₹14.0 Lakhs to ₹36.6 Lakhs per year
ICICI Lombard General Insurance Company	₹10.0 Lakhs to ₹30.0 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 General Manager at Iffco Tokio General Insurance Co. in India?

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

Experience	Average Salary Range
15 years	₹25.0 Lakhs to ₹41.0 Lakhs per year

and so on.

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Iffco Tokio General Insurance Co. General Manager Salaries

Iffco Tokio General Insurance Co. General Manager salary in India ranges between ₹25 Lakhs to ₹41 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Iffco Tokio General Insurance Co. latest salaries received from various employees of Iffco Tokio General Insurance Co..