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Reliance General Insurance Senior Manager salaries in Mumbai (Updated 2025)

Annual salary range
4 - 17 years exp.
₹6.5 Lakhs - ₹16 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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50% less than the average Senior Manager Salary in Insurance Companies for 4 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
4 - 15 years exp. (11 salaries)
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₹8.4 L/yr - ₹16 L/yr

Customer Success, Service & Operations
Senior Manager Salary
13 - 16 years exp. (5 salaries)
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₹8.4 L/yr - ₹15 L/yr

Engineering - Software & QA
Senior Manager Salary
7 - 13 years exp. (5 salaries)
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₹9 L/yr - ₹15 L/yr

Product Management
Senior Manager Salary
9 - 14 years exp. (3 salaries)
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₹8.2 L/yr - ₹14.5 L/yr

Data Science & Analytics
Senior Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹9.1 L/yr - ₹11.1 L/yr

View all

Last Updated: 4 Apr 2025

Companies similar to Reliance General Insurance for Senior Manager in Mumbai

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Reliance General Insurance Senior Manager Salary

4 - 17 years exp. (43 salaries)

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₹6.5 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5 L/yr - ₹15.1 L/yr

arrow icon 9% less
4 job openings
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HDFC Life Senior Manager Salary

2 - 20 years exp. (361 salaries)

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₹7.2 L/yr - ₹26 L/yr

arrow icon 37% more
5 job openings
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₹10.7 L/yr - ₹29 L/yr

arrow icon 68% more
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Tata AIG Senior Manager Salary

0 - 13 years exp. (225 salaries)

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₹5.2 L/yr - ₹19.5 L/yr

arrow icon 8% more
7 job openings
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Tata AIA Life Insurance Senior Manager Salary

8 - 20 years exp. (169 salaries)

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₹10.8 L/yr - ₹40 L/yr

arrow icon 134% more
3 job openings
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₹5.3 L/yr - ₹16 L/yr

arrow icon 3% less
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₹6.9 L/yr - ₹18.4 L/yr

arrow icon 2% more
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₹5.1 L/yr - ₹20.4 L/yr

arrow icon 13% more
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SBI General Insurance Senior Manager Salary

5 - 16 years exp. (29 salaries)

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₹6.5 L/yr - ₹23.3 L/yr

arrow icon 21% more
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PNB MetLife Senior Manager Salary

8 - 16 years exp. (29 salaries)

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₹10.7 L/yr - ₹23 L/yr

arrow icon 42% more
1 job opening
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₹8.2 L/yr - ₹22.5 L/yr

arrow icon 40% more
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₹4.8 L/yr - ₹17 L/yr

arrow icon 9% more
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₹11 L/yr - ₹18.5 L/yr

arrow icon 31% more
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Marsh Senior Manager Salary

3 - 15 years exp. (9 salaries)

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₹11.9 L/yr - ₹25.8 L/yr

arrow icon 66% more
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₹7 L/yr - ₹15.7 L/yr

arrow icon 40% more
1 job opening
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Gallagher Senior Manager Salary

10 - 21 years exp. (4 salaries)

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₹16 L/yr - ₹20.7 L/yr

arrow icon 60% more
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₹8.7 L/yr - ₹9.8 L/yr

arrow icon 11% less
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₹7.3 L/yr - ₹14 L/yr

arrow icon 16% less
Senior Manager salary at Reliance General Insurance ranges between ₹6.5 Lakhs to ₹16 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 43 latest salaries received from various employees of Reliance General Insurance.

Latest annual salaries shared by Reliance General Insurance Senior Manager in Mumbai

1w ago
₹15 Lakhs
14 years exp.
1w ago
₹10.5 Lakhs
5 years exp.
4w ago
₹10 Lakhs
10 years exp.
1mo ago
₹15 Lakhs
13 years exp.
1mo ago
₹10.5 Lakhs
4 years exp.
1mo ago
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14 years exp.
2mo ago
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7 years exp.
2mo ago
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17 years exp.
2mo ago
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12 years exp.
2mo ago
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11 years exp.

Experience wise Reliance General Insurance Senior Manager salaries in Mumbai

Last Updated: 4 Apr 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹9.6 L/yr - ₹12.3 L/yr
5 years (AmbitionBox Estimate)

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₹9.6 L/yr - ₹12.3 L/yr
6 years (AmbitionBox Estimate)

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₹9.6 L/yr - ₹12.3 L/yr
7 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.4 L/yr
8 years  (3 salaries)

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₹7.3 L/yr - ₹16 L/yr
View all

Similar Designation salaries in Reliance General Insurance

Sales Manager Salary
(101 salaries)
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₹2.5 L/yr - ₹7.8 L/yr
Deputy Manager Salary
(38 salaries)
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₹3.18 L/yr - ₹6 L/yr
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₹7 L/yr - ₹12.25 L/yr
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₹4.3 L/yr - ₹8.1 L/yr
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₹12.05 L/yr - ₹16.5 L/yr
Area Manager Salary
(4 salaries)
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₹7.6 L/yr - ₹21 L/yr
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₹10.06 L/yr - ₹18 L/yr

Top skills at Reliance General Insurance for Senior Manager

Financial Modelling IRDA Financial Markets Insurance Analytical Skills

Salary related reviews for Reliance General Insurance

3.3

Rated by 6 employees for salary & benefits

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

read more
  • Salary - Good

Dislikes

Bonus amount has capping of 6 months. Notice period is 3 months. And Like and Dislikes depend upon the current manager.

read more
  • Job security - Poor
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more

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.

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  • 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.

read more
  • Salary - Bad
  • +1 more

Full Time

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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.

read more
  • Salary - Poor
  • +1 more

Full Time

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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

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Reliance General Insurance Senior Manager Salary FAQs

What is the salary of Senior Manager at Reliance General Insurance in Mumbai?
The average salary of a Senior Manager at Reliance General Insurance in Mumbai typically ranges from ₹6.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 4 years to 17 years).

The top 10% of Senior Manager in Mumbai at Reliance General Insurance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Senior 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 40+ Reliance General Insurance employees in India.
What is the estimated take home salary of a Senior Manager at Reliance General Insurance in Mumbai?
The estimated take-home salary of a Senior Manager at Reliance General Insurance in Mumbai typically ranges from ₹77,893 to ₹79,916 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 4 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 40+ salaries received from various employees of Reliance General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Manager at Reliance General Insurance in Mumbai?
To be a Senior Manager at Reliance General Insurance in Mumbai, the key skills required include:

  • - Financial Modelling
  • - IRDA
  • - Financial Markets
  • - Insurance
  • - Analytical Skills

These skills are highly valued at Reliance General Insurance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Reliance General Insurance for Senior Manager in India?
Tata AIA Life Insurance ₹10.8 Lakhs to ₹40.0 Lakhs per year
ICICI Prudential Life Insurance ₹10.7 Lakhs to ₹29.0 Lakhs per year
Marsh ₹11.9 Lakhs to ₹25.8 Lakhs per year
Gallagher ₹16.0 Lakhs to ₹20.7 Lakhs per year
PNB MetLife ₹10.7 Lakhs to ₹23.0 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 Manager in companies similar to Reliance General Insurance in Mumbai?
The salary of a Senior Manager at companies similar to Reliance General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara HSBC Life Insurance ₹7.0 Lakhs to ₹15.7 Lakhs per year
Bajaj Allianz Life Insurance ₹8.2 Lakhs to ₹22.5 Lakhs per year
HDFC Life ₹7.2 Lakhs to ₹26.0 Lakhs per year
Iffco Tokio General Insurance Co. ₹11.0 Lakhs to ₹18.5 Lakhs per year
SBI General Insurance ₹6.5 Lakhs to ₹23.3 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 Manager at Reliance General Insurance in Mumbai?
The salary growth for a Senior Manager at Reliance General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at Reliance General Insurance:

Experience Average Salary Range
4 years ₹9.6 Lakhs to ₹12.3 Lakhs per year
5 years ₹9.6 Lakhs to ₹12.3 Lakhs per year
6 years ₹9.6 Lakhs to ₹12.3 Lakhs per year
7 years ₹9.7 Lakhs to ₹12.4 Lakhs per year
and so on.

Tell us how to improve this page.

Reliance General Insurance Senior Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 43 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.