Reliance General Insurance Mumbai Business Manager Salaries by 20+ Employees (Updated 2025)

8 - 17 years exp.

₹7 Lakhs - ₹12.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Business Manager Salary in Insurance Companies for 8 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Manager Salary 8 - 14 years exp. (12 salaries)	₹7 L/yr - ₹12.3 L/yr
Sales & Business Development Business Manager Salary 9 - 17 years exp. (6 salaries)	₹8.5 L/yr - ₹10.5 L/yr
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Marketing & Communication Business Manager Salary 13 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹10.5 L/yr

Last Updated: 2 Mar 2025

Companies similar to Reliance General Insurance for Business Manager in Mumbai

Reliance General Insurance Business Manager Salary

8 - 17 years exp. (22 salaries)

₹7 L/yr - ₹12.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Performics Business Manager Salary 2 - 6 years exp. (51 salaries)	₹6.6 L/yr - ₹13 L/yr 1% more
LivSpace Business Manager Salary 2 - 10 years exp. (50 salaries)	₹6 L/yr - ₹16 L/yr 5% more	10 job openings
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Groupm Media Business Manager Salary 2 - 8 years exp. (48 salaries)	₹5.5 L/yr - ₹13.1 L/yr 8% less
Publicis Business Manager Salary 4 - 10 years exp. (31 salaries)	₹7 L/yr - ₹17.5 L/yr 34% more
L&T Finance Business Manager Salary 2 - 9 years exp. (26 salaries)	₹4.2 L/yr - ₹9.1 L/yr 34% less

Business Manager salary at Reliance General Insurance ranges between ₹7 Lakhs to ₹12.3 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 22 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Business Manager salaries in Mumbai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
9 years (3 salaries)	₹8.5 L/yr - ₹16.7 L/yr
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10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
11 years (3 salaries)	₹7 L/yr - ₹10.5 L/yr
12 years (4 salaries)	₹7.4 L/yr - ₹12.3 L/yr
13 years (4 salaries)	₹7.2 L/yr - ₹17.8 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
15+ years (4 salaries)	₹9.5 L/yr - ₹11.3 L/yr

View all

Similar Designation salaries in Reliance General Insurance

Sales Manager Salary

(100 salaries)

₹2.5 L/yr - ₹7.8 L/yr

Deputy Manager Salary

(37 salaries)

₹3.18 L/yr - ₹6 L/yr

Regional Manager Salary

(4 salaries)

₹12.05 L/yr - ₹16.5 L/yr

Area Manager Salary

(4 salaries)

₹7.6 L/yr - ₹21 L/yr

Marketing Manager Salary

(3 salaries)

₹8.95 L/yr - ₹18 L/yr

Top skills at Reliance General Insurance for Business Manager

Health Insurance Claims Customer Satisfaction IRDA travel insurance Motor Insurance Finance Servicing Business Management Team Handling Marketing Operations Recruitment Agency Channel Underwriting Quality Check

Salary related reviews for Reliance General Insurance

3.1

Rated by 3 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

Salary - Good

Dislikes

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

Job security - Poor

+2 more

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.

Salary - Poor

+4 more

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.

Skill development - Excellent

+2 more

Dislikes

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

Salary - Bad

+1 more

Operations Support Officer in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Feb 2025

2.0

for Salary and Benefits

Likes

I like friendly culture.

Dislikes

Salary - Average I have been working in this company since January 2022 but my salary still 22k only Promotion - Poor my opportunity was given to another person whose don't know about my product he is onroll as a deputy manager and I am still consultant.

Salary - Poor

+1 more

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

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Reliance General Insurance Business Manager Salary FAQs

What is the salary of Business Manager at Reliance General Insurance in Mumbai?

The average salary of a Business Manager at Reliance General Insurance in Mumbai typically ranges from ₹7.0 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 8 years to 17 years).

The top 10% of Business Manager in Mumbai at Reliance General Insurance earn more than ₹11.1 Lakhs per year, and the top 1% earn over ₹12.3 Lakhs per year. Business Manager Salaries at Reliance General Insurance 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+ Reliance General Insurance employees in India.

What is the estimated take home salary of a Business Manager at Reliance General Insurance in Mumbai?

The estimated take-home salary of a Business Manager at Reliance General Insurance in Mumbai typically ranges from ₹70,504 to ₹72,318 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 8 years to 17 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 Reliance General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Manager at Reliance General Insurance in Mumbai?

To be a Business Manager at Reliance General Insurance in Mumbai, the key skills required include:

- Health Insurance
- Claims
- Customer Satisfaction
- IRDA
- travel insurance

These skills are highly valued at Reliance General Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Reliance General Insurance for Business Manager in India?

Publicis	₹7.0 Lakhs to ₹17.5 Lakhs per year
LivSpace	₹6.0 Lakhs to ₹16.0 Lakhs per year
Performics	₹6.6 Lakhs to ₹13.0 Lakhs per year

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

What is the salary of a Business Manager in companies similar to Reliance General Insurance in Mumbai?

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

Groupm Media	₹5.5 Lakhs to ₹13.1 Lakhs per year
L&T Finance	₹4.2 Lakhs to ₹9.1 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 Business Manager at Reliance General Insurance in Mumbai?

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

Experience	Average Salary Range
8 years	₹8.2 Lakhs to ₹10.5 Lakhs per year
9 years	₹8.5 Lakhs to ₹16.7 Lakhs per year
10 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
11 years	₹7.0 Lakhs to ₹10.5 Lakhs per year

and so on.

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Reliance General Insurance Business Manager Salaries in Mumbai

Reliance General Insurance Business Manager salary in Mumbai ranges between ₹7 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.