Reliance General Insurance BM Salaries by 4 Employees (Updated 2024)

10 - 13 years exp.

₹5 Lakhs - ₹6.6 Lakhs

Low Confidence

Salary of majority employees

6% more than the average BM Salary in Insurance Companies for 10 - 13 years of experience

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Last Updated: 10 Mar 2024

Companies similar to Reliance General Insurance for BM

Company name	Avg Annual Salary	Open Jobs
Future Generali India Life Insurance BM Salary 6 - 11 years exp. (4 salaries)	₹6 L/yr - ₹7.2 L/yr 9% more
HDFC Life BM Salary 9 - 13 years exp. (4 salaries)	₹8.5 L/yr - ₹11.5 L/yr 64% more
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Reliance Nippon Life Insurance BM Salary 10 - 17 years exp. (5 salaries)	₹8 L/yr - ₹8.3 L/yr 37% more
Aditya Birla Sun Life Insurance BM Salary 11 - 19 years exp. (4 salaries)	₹8 L/yr - ₹12.8 L/yr 84% more
Bajaj Allianz Life Insurance BM Salary 3 - 15 years exp. (4 salaries)	₹5.4 L/yr - ₹8 L/yr 12% more
SBI Life Insurance Company BM Salary 12 - 16 years exp. (4 salaries)	₹6.3 L/yr - ₹10.8 L/yr 44% more
ICICI Prudential Life Insurance BM Salary 5 - 10 years exp. (3 salaries)	₹5 L/yr - ₹6.8 L/yr 3% less
Shriram Life Insurance BM Salary 7 - 27 years exp. (3 salaries)	₹3.6 L/yr - ₹6 L/yr 13% less

BM salary at Reliance General Insurance ranges between ₹5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance BM salaries

Last Updated: 10 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr

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Salary related reviews for Reliance General Insurance

5.0

Rated by 1 employees for salary & benefits

Area Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Nov 2023

4.0

for Salary and Benefits

Likes

Depends on the Vertical and Reporting Manager. Bonus, The Remuneration part is very good

Dislikes

Bonus amount has capping of 6 months. Notice period is 3 months. And Like and Dislikes depend upon the current manager.

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Jul 2023

2.0

for Salary and Benefits

Likes

Job surity

Dislikes

...ntives criteria. Company shall pay bonus on your based performance of the year. That is no pay such a big amount and company add the clause in your bonus. If you resign before six months company shall recovered your bonus amount.

Customer Support Executive in Barakhamba Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 28 Dec 2022

3.0

for Salary and Benefits

Likes

Working in reliance for the last 2 years too much pressure out on the off roll employees if you are on reliance payroll then u can enjoy allthe benefits

Dislikes

Salary is low no gmc policy for off roll employees

Sales Support Officer in Kolkata

SALES Department

3.0

• posted on 25 Aug 2019

2.0

for Salary and Benefits

Likes

This company’s atmosphere is very much open and you can work freely in your own way

Dislikes

Opportunity and career growth is not good enough in RGICL and many skilled employees leave RGICL for their poor salary structure specially off role employees

Legal Consultant in Bangalore / Bengaluru

Full Time

Other Department

2.0

• posted on 22 Nov 2024

1.0

for Salary and Benefits

Likes

Celebrated festival very well work enthusiasm

Dislikes

Treat the employees like a slave's and treated as backbend officer unsatisfied with the job and they offered very poor salary but they assign too much of work, make conditions for in and out and observed too much that overall work experience is too bad

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Reliance General Insurance BM Salary FAQs

What is the salary of BM at Reliance General Insurance?

BM salary at Reliance General Insurance in India ranges between ₹5.0 Lakhs to ₹6.6 Lakhs for experience between 10 years to 13 years. According to our estimates it is 6% more than the average BM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance General Insurance India.

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

The average salary of a BM at Reliance General Insurance is 6% more than the average salary of a BM in India. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance General Insurance to a BM in India?

Aditya Birla Sun Life Insurance BM Salary - ₹8.0 Lakhs to ₹12.8 Lakhs per year
HDFC Life BM Salary - ₹8.5 Lakhs to ₹11.5 Lakhs per year
SBI Life Insurance Company BM Salary - ₹6.3 Lakhs to ₹10.8 Lakhs per year
Reliance Nippon Life Insurance BM Salary - ₹8.0 Lakhs to ₹8.3 Lakhs per year
Bajaj Allianz Life Insurance BM Salary - ₹5.4 Lakhs to ₹8.0 Lakhs per year

What is the salary of a BM in companies similar to Reliance General Insurance in India?

Future Generali India Life Insurance BM Salary - ₹6.0 Lakhs to ₹7.2 Lakhs per year
ICICI Prudential Life Insurance BM Salary - ₹5.0 Lakhs to ₹6.8 Lakhs per year
Shriram Life Insurance BM Salary - ₹3.6 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a BM at Reliance General Insurance in India?

The estimated take-home salary of a BM at Reliance General Insurance ranges between ₹45,416 per month to ₹46,501 per month in India. The take-home salary calculation is based on the average Reliance General Insurance BM salary in India which ranges between ₹5.0 Lakhs to ₹6.6 Lakhs per year for employees with experience between 10 years to 13 years. Check how did we calculate take home salary?

What is the notice period for BM at Reliance General Insurance?

According to AmbitionBox, 100% of the Reliance General Insurance BMs reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance General Insurance BM Salaries

Reliance General Insurance BM salary in India ranges between ₹5 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.