Reliance General Insurance Branch Business Manager Salaries by 3 Employees (Updated 2024)

9 - 15 years exp.

₹7.5 Lakhs - ₹9.1 Lakhs

Low Confidence

Salary of majority employees

34% more than the average Branch Business Manager Salary in Insurance Companies for 9 - 15 years of experience

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Salaries in different departments

Sales & Business Development Branch Business Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹8.3 L/yr
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Marketing & Communication Branch Business Manager Salary 15 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹10 L/yr

Last Updated: 15 Mar 2023

Companies similar to Reliance General Insurance for Branch Business Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Business Manager Salary 0 - 10 years exp. (141 salaries)	₹2.5 L/yr - ₹8.9 L/yr 40% less
Cholamandalam Investment & Finance Branch Business Manager Salary 4 - 13 years exp. (112 salaries)	₹3 L/yr - ₹9.9 L/yr 22% less	1 job opening
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Veritas Finance Branch Business Manager Salary 1 - 14 years exp. (35 salaries)	₹3.6 L/yr - ₹6.1 L/yr 39% less
Muthoot Fincorp Branch Business Manager Salary 4 - 11 years exp. (29 salaries)	₹3.5 L/yr - ₹8.7 L/yr 32% less	1 job opening
Canon Branch Business Manager Salary 9 - 16 years exp. (10 salaries)	₹18.6 L/yr - ₹24 L/yr 159% more

Branch Business Manager salary at Reliance General Insurance ranges between ₹7.5 Lakhs to ₹9.1 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Branch Business Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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15+ years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr

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Salary related reviews for Reliance General Insurance

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.

Cluster Manager in Kolkata

Sales & Business Development Department

5.0

• posted on 02 May 2022

5.0

for Salary and Benefits

Likes

More then 10 yrs I have worked with RGICL this is not easy to job in single co. For 10 yrs but I m saying heartily this is Exilent co . Working environment is very good ' HR and senior personality is very supportive ' in time of COVOD 19 Co is good support to our employee this is very good co. In GI sector if any body wish to join ' pls join without hesitate

Dislikes

# Bonus is good but come to late by 2-3 three months after finishing FY # 6Months bounding after receiving Bonus ' if you change completely Bonus part have to be refund to Co.

Cluster Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Dec 2022

1.0

for Salary and Benefits

Likes

...put you in unnecessary and unagreed employment bond at the time of of appraisal. It's in simple word , when you complete 1 year of hard work and eligible for bonus, they will tell you that you will have a 9 months bond. If you resign then they will hold your 3 months salary and will recover the same, so basically you alhave to serve notice without pay.

Dislikes

Nothing to like

Sales Manager in Palakkad

Finance & Accounting Department

2.0

• posted on 15 Jun 2022

1.0

for Salary and Benefits

Likes

Of course paying incentives and salary on correct time . During covid time n all full salary was given.

Dislikes

No salary hike as well as promotions,we cant exoect that. Apart from incentive you won’t get a career growth.

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a technical project manager

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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 Branch Business Manager Salary FAQs

What is the notice period for Branch Business Manager at Reliance General Insurance?

According to AmbitionBox, 100% of the Reliance General Insurance Branch Business Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Reliance General Insurance Branch Business Manager Salaries

Reliance General Insurance Branch Business Manager salary in India ranges between ₹7.5 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.