Reliance General Insurance Department Manager Salaries by 2 Employees

4 - 5 years exp.

₹5.4 Lakhs - ₹7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 29 May 2024

Companies similar to Reliance General Insurance for Department Manager

Company name	Avg Annual Salary	Open Jobs
Tata AIG Department Manager Salary 0 - 5 years exp. (9 salaries)	₹3.6 L/yr - ₹10 L/yr 23% more
ICICI Prudential Life Insurance Department Manager Salary 0 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹8.7 L/yr 4% less
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ICICI Lombard General Insurance Company Department Manager Salary 1 - 5 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 38% more
SBI Life Insurance Company Department Manager Salary 0 - 10 years exp. (6 salaries)	₹2.5 L/yr - ₹4.3 L/yr 43% less
SBI General Insurance Department Manager Salary 3 - 30 years exp. (3 salaries)	₹8 L/yr - ₹13 L/yr 65% more
Canara HSBC Life Insurance Department Manager Salary 10 years exp. (3 salaries)	₹8.1 L/yr - ₹10 L/yr 40% more
Iffco Tokio General Insurance Co. Department Manager Salary 13 - 15 years exp. (3 salaries)	₹9 L/yr - ₹12.4 L/yr 68% more
HDFC Life Department Manager Salary 1 - 7 years exp. (4 salaries)	₹11 L/yr - ₹17 L/yr 129% more

Department Manager salary at Reliance General Insurance ranges between ₹5.4 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Reliance General Insurance.

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Salary related reviews for Reliance General Insurance

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

Deputy Manager Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture is good

Company culture - Excellent

+1 more

Dislikes

Promotion and hikes are very low. If you join on low package it will be very difficult to get satisfactory hike next year Performance Bonus return - will have to return the bonus if you leave before 6 months after getting bonus so basically you will need to wait total 9 months to get out from the organization

Skill development - Poor

+1 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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Reliance General Insurance Department Manager Salary FAQs

How the salary growth look like for a Department Manager at Reliance General Insurance in India?

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

Experience	Average Salary Range
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹6.6 Lakhs to ₹8.4 Lakhs per year

and so on.

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Reliance General Insurance Department Manager Salaries

Reliance General Insurance Department Manager salary in India ranges between ₹5.4 Lakhs to ₹7 Lakhs. This is an estimate based on latest salaries received from employees of Reliance General Insurance.