Reliance General Insurance Senior Business Manager Salaries by 4 Employees (Updated 2025)

7 - 17 years exp.

₹4.1 Lakhs - ₹9.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

59% less than the average Senior Business Manager Salary in Insurance Companies for 7 - 17 years of experience

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Salaries in different departments

Marketing & Communication Senior Business Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
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Sales & Business Development Senior Business Manager Salary 14 - 17 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹9.8 L/yr

Last Updated: 10 Feb 2025

Companies similar to Reliance General Insurance for Senior Business Manager

Company name	Avg Annual Salary	Open Jobs
PNB MetLife Senior Business Manager Salary 4 - 15 years exp. (79 salaries)	₹3.6 L/yr - ₹6.2 L/yr 23% less
Bajaj Allianz Life Insurance Senior Business Manager Salary 3 - 10 years exp. (42 salaries)	₹3.6 L/yr - ₹4.8 L/yr 27% less
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ICICI Prudential Life Insurance Senior Business Manager Salary 5 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹6.5 L/yr 20% less
Tata AIA Life Insurance Senior Business Manager Salary 11 - 20 years exp. (5 salaries)	₹9.5 L/yr - ₹11.8 L/yr 88% more
SBI General Insurance Senior Business Manager Salary 5 - 8 years exp. (5 salaries)	₹4.9 L/yr - ₹6 L/yr 8% less
SBI Life Insurance Company Senior Business Manager Salary 5 - 10 years exp. (5 salaries)	₹6.4 L/yr - ₹8.1 L/yr 11% more
Shriram Life Insurance Senior Business Manager Salary 5 - 9 years exp. (4 salaries)	₹4.7 L/yr - ₹6 L/yr 7% less
Reliance Nippon Life Insurance Senior Business Manager Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹3.8 L/yr 39% less
ICICI Lombard General Insurance Company Senior Business Manager Salary 1 - 6 years exp. (3 salaries)	₹3.4 L/yr - ₹4.6 L/yr 26% less
HDFC Life Senior Business Manager Salary 6 - 14 years exp. (3 salaries)	₹5.5 L/yr - ₹8.4 L/yr 38% more

Senior Business Manager salary at Reliance General Insurance ranges between ₹4.1 Lakhs to ₹9.8 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Senior Business Manager salaries

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
11 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
12 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
14 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
15+ years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr

View all

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Salary related reviews for Reliance General Insurance

3.0

Rated by 1 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

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 Senior Business Manager Salary FAQs

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

The average salary of a Senior Business Manager at Reliance General Insurance in India typically ranges from ₹4.1 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Senior Business Manager at Reliance General Insurance earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Senior 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 4 Reliance General Insurance employees in India.

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

The estimated take-home salary of a Senior Business Manager at Reliance General Insurance in India typically ranges from ₹44,657 to ₹45,753 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 7 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 4 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 Senior Business Manager in India?

Tata AIA Life Insurance	₹9.5 Lakhs to ₹11.8 Lakhs per year
HDFC Life	₹5.5 Lakhs to ₹8.4 Lakhs per year
SBI Life Insurance Company	₹6.4 Lakhs to ₹8.1 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 Senior Business Manager in companies similar to Reliance General Insurance in India?

The salary of a Senior 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:

Shriram Life Insurance	₹4.7 Lakhs to ₹6.0 Lakhs per year
SBI General Insurance	₹4.9 Lakhs to ₹6.0 Lakhs per year
ICICI Prudential Life Insurance	₹3.5 Lakhs to ₹6.5 Lakhs per year
PNB MetLife	₹3.6 Lakhs to ₹6.2 Lakhs per year
ICICI Lombard General Insurance Company	₹3.4 Lakhs to ₹4.6 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 Senior Business Manager at Reliance General Insurance in India?

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

Experience	Average Salary Range
7 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
8 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
9 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
10 years	₹5.2 Lakhs to ₹6.7 Lakhs per year

and so on.

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Reliance General Insurance Senior Business Manager Salaries

Reliance General Insurance Senior Business Manager salary in India ranges between ₹4.1 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.