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SBI General Insurance Area Manager salaries in India

Annual salary range
3 - 21 years exp.
₹9 Lakhs - ₹15.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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20% more than the average Area Manager Salary in Insurance Companies for 3 - 21 years of experience

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Last Updated: 29 Apr 2023

Companies similar to SBI General Insurance for Area Manager

Company name Avg Annual Salary Open Jobs
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₹5.8 L/yr - ₹13.1 L/yr

arrow icon 17% less
29 job openings
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Axis Max Life Insurance Area Manager Salary

6 - 18 years exp. (278 salaries)

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₹4.2 L/yr - ₹13.5 L/yr

arrow icon 30% less
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Bajaj Allianz Life Insurance Area Manager Salary

6 - 17 years exp. (212 salaries)

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₹5 L/yr - ₹16.5 L/yr

arrow icon 15% less
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SBI Life Insurance Company Area Manager Salary

6 - 18 years exp. (206 salaries)

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₹4.6 L/yr - ₹14.2 L/yr

arrow icon 21% less
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Tata AIA Life Insurance Area Manager Salary

6 - 17 years exp. (179 salaries)

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₹6 L/yr - ₹17.7 L/yr

arrow icon 1% less
6 job openings
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₹4.5 L/yr - ₹9.3 L/yr

arrow icon 41% less
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₹5.3 L/yr - ₹16.5 L/yr

arrow icon 20% less
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₹9 L/yr - ₹21.4 L/yr

arrow icon 24% more
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₹7.8 L/yr - ₹17.1 L/yr

arrow icon 7% more
2 job openings
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₹5.7 L/yr - ₹22 L/yr

arrow icon 12% more
1 job opening
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Shriram Life Insurance Area Manager Salary

6 - 17 years exp. (44 salaries)

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₹3.7 L/yr - ₹11 L/yr

arrow icon 44% less
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Aviva Life Insurance India Area Manager Salary

7 - 20 years exp. (35 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 6% less
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₹4.5 L/yr - ₹16.5 L/yr

arrow icon 12% less
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HDFC Life Area Manager Salary

10 - 11 years exp. (31 salaries)

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₹7.7 L/yr - ₹19 L/yr

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₹4.7 L/yr - ₹17.5 L/yr

arrow icon 3% less
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₹7.2 L/yr - ₹12.5 L/yr

arrow icon 13% less
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PNB MetLife Area Manager Salary

6 - 15 years exp. (20 salaries)

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₹5.9 L/yr - ₹11.1 L/yr

arrow icon 21% less
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₹9 L/yr - ₹18.5 L/yr

arrow icon 4% less
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₹8.8 L/yr - ₹16.3 L/yr

arrow icon 15% more
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Allianz Partners Area Manager Salary

8 - 11 years exp. (3 salaries)

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₹5.3 L/yr - ₹8 L/yr

arrow icon 42% less
Area Manager salary at SBI General Insurance ranges between ₹9 Lakhs to ₹15.2 Lakhs per year for employees with experience between 3 years to 21 years. Salary estimates are based on 6 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Area Manager

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20 years exp.
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5 years exp.
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8 years exp.

Experience wise SBI General Insurance Area Manager salaries

Last Updated: 29 Apr 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹9 L/yr - ₹18.3 L/yr
4 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)

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₹9.6 L/yr - ₹12.2 L/yr
7 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.4 L/yr
View all

Similar Designation salaries in SBI General Insurance

Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.22 L/yr
Branch Manager Salary
(7 salaries)
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₹6.5 L/yr - ₹10.5 L/yr
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₹7.5 L/yr - ₹22 L/yr
Cluster Manager Salary
(37 salaries)
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₹7 L/yr - ₹15.25 L/yr
Deputy Manager Salary
(158 salaries)
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₹3.7 L/yr - ₹9.68 L/yr
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₹14.2 L/yr - ₹25 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.4 L/yr
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₹4 L/yr - ₹15.1 L/yr
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₹5.2 L/yr - ₹9.3 L/yr
Team Lead Salary
(19 salaries)
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₹2.8 L/yr - ₹5.45 L/yr

Salary related reviews for SBI General Insurance

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Business Development Department

2.0
  •  posted on 17 Sep 2022

2.0
 for  Salary and Benefits

Likes

Like you can say... Working with branch managers , can see yourself always professional . People will treat you like banker.

read more
  • Job security - Good

Dislikes

No growth and promotion No good salary Not ethical practices followed. Your boss treat you like slave... Officially as per HR policy every Saturday is off... But you have to work on each Saturday as per your boss. Nothing to learn .

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Apr 2023

3.0
 for  Salary and Benefits

Likes

Salary on time. Banca channel target goes on auto mode if you have good relationship with managers.

read more
  • Job security - Good
  • +1 more

Dislikes

Overloaded targets, terrible managers. Considering Insurance sectors, plenty of works in your working time.Unwanted VCs by senior that can disturb your work flow each day. Salary is very less compared to other companies.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 05 Jul 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Insurance Department

5.0
  •  posted on 07 Jun 2021

4.0
 for  Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling. Company policies are good , appraisals are fair and they give good salary hike , incentives and bonus every year

read more
  • Salary - Good
  • +6 more

Customer Success, Service & Operations Department

5.0
  •  posted on 16 Mar 2022

4.0
 for  Salary and Benefits

Likes

It my pleasure to work with Reputed company like SBIG, As we grow old here we learn soo many things about banking as,it's very friendly atmosphere to work there .

read more
  • Salary - Good
  • +5 more

Dislikes

Here we see lot of ups and downs and unhappy with Salary hike ,and Soo much off technical issues ....and when things start going gud tat time only company doo one or other changes..... that will impact soo much

read more
see more salary related reviews

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SBI General Insurance Area Manager Salary FAQs

What is the salary of Area Manager at SBI General Insurance ?
The average salary of a Area Manager at SBI General Insurance in India typically ranges from ₹9.0 Lakhs to ₹15.2 Lakhs per year, depending on experience (from 3 years to 21 years).

The top 10% of Area Manager at SBI General Insurance earn more than ₹15.1 Lakhs per year, and the top 1% earn over ₹15.2 Lakhs per year. Area Manager Salaries at SBI 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 6 SBI General Insurance employees in India.
What is the estimated take home salary of a Area Manager at SBI General Insurance in India?
The estimated take-home salary of a Area Manager at SBI General Insurance in India typically ranges from ₹82,616 to ₹84,773 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹15.2 Lakhs per year for employees with experience ranging from 3 years to 21 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 6 salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI General Insurance for Area Manager in India?
Reliance Nippon Life Insurance ₹9.0 Lakhs to ₹21.4 Lakhs per year
Magma HDI General Insurance ₹8.8 Lakhs to ₹16.3 Lakhs per year
Star Health & Allied Insurance ₹5.7 Lakhs to ₹22.0 Lakhs per year
Star Union Dai-ichi Life Insurance ₹7.8 Lakhs to ₹17.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI General Insurance, depending on the role and experience level.
What is the salary of a Area Manager in companies similar to SBI General Insurance in India?
The salary of a Area Manager at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance ₹6.0 Lakhs to ₹17.7 Lakhs per year
Kotak Mahindara Life Insurance ₹4.7 Lakhs to ₹17.5 Lakhs per year
HDFC Life ₹7.7 Lakhs to ₹19.0 Lakhs per year
Royal Sundaram General Insurance ₹9.0 Lakhs to ₹18.5 Lakhs per year
Aviva Life Insurance India ₹7.0 Lakhs to ₹14.0 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 Area Manager at SBI General Insurance in India?
The salary growth for a Area Manager at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
3 years ₹9.0 Lakhs to ₹18.3 Lakhs per year
4 years ₹9.3 Lakhs to ₹11.8 Lakhs per year
5 years ₹4.2 Lakhs to ₹13.0 Lakhs per year
6 years ₹9.6 Lakhs to ₹12.2 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Area Manager salary in India ranges between ₹9 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 SBI General Insurance latest salaries received from various employees of SBI General Insurance.