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

10 - 13 years exp.

₹6.6 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

57% less than the average Procurement Manager Salary in Insurance Companies for 10 - 13 years of experience

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Salaries in different departments

IT & Information Security Procurement Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.3 L/yr
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Administration & Facilities Procurement Manager Salary 10 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 4 Dec 2024

Companies similar to Reliance General Insurance for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Procurement Manager Salary 1 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹14.5 L/yr 23% more
SBI General Insurance Procurement Manager Salary 3 - 13 years exp. (3 salaries)	₹8.6 L/yr - ₹9.6 L/yr 34% more
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PNB MetLife Procurement Manager Salary 10 - 14 years exp. (5 salaries)	₹10.3 L/yr - ₹13 L/yr 62% more
Reliance Nippon Life Insurance Procurement Manager Salary 11 - 14 years exp. (4 salaries)	₹11.3 L/yr - ₹15.5 L/yr 91% more
MetLife Procurement Manager Salary 5 - 9 years exp. (4 salaries)	₹9 L/yr - ₹10.5 L/yr 43% more
Star Union Dai-ichi Life Insurance Procurement Manager Salary 12 - 15 years exp. (4 salaries)	₹9.9 L/yr - ₹11.8 L/yr 57% more
HDFC Life Procurement Manager Salary 16 - 22 years exp. (4 salaries)	₹11.5 L/yr - ₹12.9 L/yr 80% more

Procurement Manager salary at Reliance General Insurance ranges between ₹6.6 Lakhs to ₹7 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Procurement Manager salaries

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr

Similar Designation salaries in Reliance General Insurance

Counsellor Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

HUB Incharge Salary

(AmbitionBox Estimate)

₹11.2 L/yr - ₹14.3 L/yr

Distribution Officer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Procurement Officer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Assistant Manager Commercial Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Commercial Manager Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Sr. Distribution Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Logistics Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Warehouse Incharge Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Salary related reviews for Reliance General Insurance

Management Trainee in Navi Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 28 Nov 2024

3.0

for Salary and Benefits

Likes

The culture is ok(better than most of the corporates). Learning opportunities depends on your manager.

Dislikes

Pay and salary hikes not what I expected. Pace is very slow. Too many bottlenecks which slows down projects. Not using modern technologies.

Legal Consultant in Bangalore / Bengaluru

Full Time

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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

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

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

Telesales Officer in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

2.0

• posted on 03 Jan 2024

1.0

for Salary and Benefits

Likes

Good & friendly colleagues , Salary on Time, No formal dresses, office infrastructure, outings events,

Dislikes

No fixed logout timings, no public holidays only one rotational week off, unprofessional HR, unnecessary work pressure every day every hour team leaders use to ask about payment and daily targets what is the update and much more....

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.

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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 Procurement Manager Salary FAQs

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

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

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Reliance General Insurance Procurement Manager Salaries

Reliance General Insurance Procurement Manager salary in India ranges between ₹6.6 Lakhs to ₹7 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.