Reliance General Insurance Risk Manager Salaries by 5 Employees (Updated 2025)

1 - 10 years exp.

₹2.8 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Risk Manager Salary in Insurance Companies for 1 - 10 years of experience

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Salaries in different departments

Risk Management & Compliance Risk Manager Salary 7 - 10 years exp. (3 salaries)	₹7 L/yr - ₹13 L/yr
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BFSI, Investments & Trading Risk Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 30 Jan 2025

Companies similar to Reliance General Insurance for Risk Manager

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company Risk Manager Salary 4 - 12 years exp. (8 salaries)	₹9.4 L/yr - ₹21 L/yr 80% more
ICICI Lombard General Insurance Company Risk Manager Salary 0 - 9 years exp. (7 salaries)	₹7 L/yr - ₹15 L/yr 52% more
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ICICI Prudential Life Insurance Risk Manager Salary 9 - 14 years exp. (6 salaries)	₹5.6 L/yr - ₹8.6 L/yr At par
Aditya Birla Sun Life Insurance Risk Manager Salary 5 - 11 years exp. (5 salaries)	₹9 L/yr - ₹15 L/yr 39% more
Iffco Tokio General Insurance Co. Risk Manager Salary 7 - 10 years exp. (5 salaries)	₹8.8 L/yr - ₹10.7 L/yr 27% more
SBI General Insurance Risk Manager Salary 0 - 12 years exp. (4 salaries)	₹11 L/yr - ₹13 L/yr 61% more
Tata AIG Risk Manager Salary 5 - 8 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 34% more
Aditya Birla Health Insurance Co Risk Manager Salary 1 - 3 years exp. (4 salaries)	₹10 L/yr - ₹12.7 L/yr 58% more
HDFC Life Risk Manager Salary 15 - 17 years exp. (4 salaries)	₹11 L/yr - ₹15 L/yr 70% more
MetLife Risk Manager Salary 10 - 17 years exp. (3 salaries)	₹20 L/yr - ₹26.5 L/yr 203% more

Risk Manager salary at Reliance General Insurance ranges between ₹2.8 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Risk Manager salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹16.3 L/yr
8 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.5 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹13 L/yr

View all

Similar Designation salaries in Reliance General Insurance

Finance Manager Salary

(9 salaries)

₹4.9 L/yr - ₹9.65 L/yr

Branch Manager Salary

(63 salaries)

₹5.2 L/yr - ₹16 L/yr

Deputy Manager Salary

(119 salaries)

₹3 L/yr - ₹7.5 L/yr

Team Lead Salary

(22 salaries)

₹2 L/yr - ₹8.16 L/yr

Accountant Salary

(3 salaries)

₹1.2 L/yr - ₹3 L/yr

Senior Associate Salary

(5 salaries)

₹3.2 L/yr - ₹7 L/yr

Internal Auditor Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹35.1 L/yr - ₹44.8 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Salary related reviews for Reliance General Insurance

5.0

Rated by 1 employees for salary & benefits

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

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

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,

Skill development - Good

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....

Salary - Bad

+3 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

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

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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 Risk Manager Salary FAQs

What is the salary of Risk Manager at Reliance General Insurance ?

The average salary of a Risk Manager at Reliance General Insurance in India typically ranges from ₹2.8 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Risk Manager at Reliance General Insurance earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Risk 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 5 Reliance General Insurance employees in India.

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

The estimated take-home salary of a Risk Manager at Reliance General Insurance in India typically ranges from ₹55,569 to ₹56,960 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 5 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 Risk Manager in India?

MetLife	₹20.0 Lakhs to ₹26.5 Lakhs per year
SBI Life Insurance Company	₹9.4 Lakhs to ₹21.0 Lakhs per year
HDFC Life	₹11.0 Lakhs to ₹15.0 Lakhs per year
SBI General Insurance	₹11.0 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Health Insurance Co	₹10.0 Lakhs to ₹12.7 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 Risk Manager in companies similar to Reliance General Insurance in India?

The salary of a Risk 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:

ICICI Lombard General Insurance Company	₹7.0 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹9.0 Lakhs to ₹15.0 Lakhs per year
Tata AIG	₹8.0 Lakhs to ₹12.0 Lakhs per year
Iffco Tokio General Insurance Co.	₹8.8 Lakhs to ₹10.7 Lakhs per year
ICICI Prudential Life Insurance	₹5.6 Lakhs to ₹8.6 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 Risk Manager at Reliance General Insurance in India?

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

Experience	Average Salary Range
1 year	₹2.8 Lakhs to ₹2.8 Lakhs per year
2 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
4 years	₹5.3 Lakhs to ₹6.7 Lakhs per year

and so on.

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Reliance General Insurance Risk Manager Salaries

Reliance General Insurance Risk Manager salary in India ranges between ₹2.8 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.