Reliance General Insurance Cluster Business Manager Salaries by 7 Employees

2 - 19 years exp.

₹6 Lakhs - ₹15.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Cluster Business Manager Salary in Insurance Companies for 2 - 19 years of experience

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Salaries in different departments

Sales & Business Development Cluster Business Manager Salary 10 - 19 years exp. (3 salaries)	₹10.1 L/yr - ₹15.5 L/yr
BFSI, Investments & Trading Cluster Business Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹10 L/yr
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Customer Success, Service & Operations Cluster Business Manager Salary 9 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 28 Sep 2023

Companies similar to Reliance General Insurance for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
Canara HSBC Life Insurance Cluster Business Manager Salary 5 - 16 years exp. (234 salaries)	₹4.5 L/yr - ₹13 L/yr 29% less
Reliance Nippon Life Insurance Cluster Business Manager Salary 8 - 16 years exp. (4 salaries)	₹5.8 L/yr - ₹7 L/yr 43% less
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ICICI Lombard General Insurance Company Cluster Business Manager Salary 15 - 20 years exp. (4 salaries)	₹16.7 L/yr - ₹19 L/yr 58% more
HDFC Life Cluster Business Manager Salary 5 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹10.5 L/yr 17% less
AU Small Finance Bank Cluster Business Manager Salary 10 - 20 years exp. (87 salaries)	₹6.8 L/yr - ₹27.5 L/yr 41% more

Cluster Business Manager salary at Reliance General Insurance ranges between ₹6 Lakhs to ₹15.5 Lakhs per year for employees with experience between 2 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Cluster Business Manager salaries

Last Updated: 28 Sep 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
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4 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
5 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
6 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
7 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.4 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.8 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹15.5 L/yr
12 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
13 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
14 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
15+ years (AmbitionBox Estimate)	₹10.1 L/yr - ₹19.2 L/yr

View all

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Salary related reviews for Reliance General Insurance

Associate Sales Manager in Durgapur

Full Time

Sales & Operations Department

3.0

• posted on 28 Apr 2022

4.0

for Salary and Benefits

Likes

High salary

Salary - Good

+1 more

Dislikes

Too much office politics, unfair treatment from branch manager, partiality, management policies not up to mark. Low conveyance allowance and medical benefits. Unequal treatment to agents, bad claim settlement,

Job security - Poor

+4 more

Associate Sales Manager in Mumbai

Full Time

Sales Agency vertical Department

5.0

• posted on 03 Apr 2019

5.0

for Salary and Benefits

Likes

As I was fresher, to understand and learn process was a big task for me but with the help of my team & my boss it became easy. I was in sales so got an opportunity to meet different kind of people which helped me to improve my communication skills & interpersonal skills. Work environment was also good.

Salary - Excellent

+3 more

Dislikes

Work pressure is high so to maintain work-life balance is a difficult task. Compensation is decent but growth is slow.

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

Salary - Excellent

+6 more

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.

Associate Sales Manager in Goregaon

Agency Department

1.0

• posted on 26 Aug 2022

5.0

for Salary and Benefits

Likes

They give good salary and other benifits

Salary - Excellent

Dislikes

Culture,Wrost managemant system, HR dont help for anything, Management are very poor , They not listen employee they listen. only Team leaders. No job security. No value of employee. Threatening. If any employee employee wants to raise voice for something wrong with his/her the management supperss aur voice.

Skill development - Bad

+4 more

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

Salary - Bad

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Reliance General Insurance Cluster Business Manager Salary FAQs

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

The average salary of a Cluster Business Manager at Reliance General Insurance in India typically ranges from ₹6.0 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 2 years to 19 years).

The top 10% of Cluster Business Manager at Reliance General Insurance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Cluster 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 7 Reliance General Insurance employees in India.

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

The estimated take-home salary of a Cluster Business Manager at Reliance General Insurance in India typically ranges from ₹79,673 to ₹81,746 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 2 years to 19 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 7 salaries received from various employees of Reliance General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

ICICI Lombard General Insurance Company	₹16.7 Lakhs to ₹19.0 Lakhs per year
AU Small Finance Bank	₹6.8 Lakhs to ₹27.5 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 Cluster Business Manager in companies similar to Reliance General Insurance in India?

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

HDFC Life	₹7.5 Lakhs to ₹10.5 Lakhs per year
Canara HSBC Life Insurance	₹4.5 Lakhs to ₹13.0 Lakhs per year
Reliance Nippon Life Insurance	₹5.8 Lakhs to ₹7.0 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 Cluster Business Manager at Reliance General Insurance in India?

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

Experience	Average Salary Range
2 years	₹4.7 Lakhs to ₹12.0 Lakhs per year
3 years	₹10.5 Lakhs to ₹13.4 Lakhs per year
4 years	₹10.4 Lakhs to ₹13.3 Lakhs per year
5 years	₹10.4 Lakhs to ₹13.3 Lakhs per year

and so on.

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Reliance General Insurance Cluster Business Manager Salaries

Reliance General Insurance Cluster Business Manager salary in India ranges between ₹6 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.