SBI General Insurance AVP Salaries by 6 Employees (Updated 2024)

17 - 24 years exp.

₹20 Lakhs - ₹31 Lakhs

Low Confidence

Salary of majority employees

19% less than the average AVP Salary in Insurance Companies for 17 - 24 years of experience

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Salaries in different departments

IT & Information Security AVP Salary 21 - 23 years exp. (AmbitionBox Estimate)	₹26.3 L/yr - ₹31 L/yr
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Sales & Business Development AVP Salary 20 years exp. (AmbitionBox Estimate)	₹20.5 L/yr - ₹24.9 L/yr

Last Updated: 15 Dec 2024

Companies similar to SBI General Insurance for AVP

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company AVP Salary 11 - 18 years exp. (23 salaries)	₹16 L/yr - ₹32 L/yr 11% less
HDFC Ergo General Insurance AVP Salary 10 - 18 years exp. (31 salaries)	₹13.5 L/yr - ₹32 L/yr 13% less
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Bajaj Allianz General Insurance AVP Salary 18 - 22 years exp. (5 salaries)	₹30 L/yr - ₹40.5 L/yr 43% more
Reliance General Insurance AVP Salary 10 - 17 years exp. (6 salaries)	₹17.5 L/yr - ₹35 L/yr 14% more
Tata AIG AVP Salary 9 - 22 years exp. (8 salaries)	₹12 L/yr - ₹25 L/yr 22% less
Future Generali India Life Insurance AVP Salary 9 - 19 years exp. (10 salaries)	₹20 L/yr - ₹37 L/yr 15% more
Max Life Insurance AVP Salary 13 - 20 years exp. (21 salaries)	₹14.4 L/yr - ₹40.9 L/yr 6% less
SBI Life Insurance Company AVP Salary 12 - 18 years exp. (22 salaries)	₹10 L/yr - ₹33.2 L/yr 17% less
HDFC Life AVP Salary 15 - 20 years exp. (18 salaries)	₹24 L/yr - ₹60.5 L/yr 51% more
Kotak Mahindara Life Insurance AVP Salary 7 - 22 years exp. (18 salaries)	₹7.9 L/yr - ₹22.5 L/yr 33% less
Reliance Nippon Life Insurance AVP Salary 13 - 20 years exp. (9 salaries)	₹20 L/yr - ₹33 L/yr 10% less
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Aditya Birla Sun Life Insurance AVP Salary 7 - 14 years exp. (5 salaries)	₹29 L/yr - ₹40.5 L/yr 39% more
Star Union Dai-ichi Life Insurance AVP Salary 10 - 20 years exp. (5 salaries)	₹23 L/yr - ₹30 L/yr 3% more
ManipalCigna Health Insurance AVP Salary 7 - 18 years exp. (5 salaries)	₹25 L/yr - ₹31 L/yr 14% more
MetLife AVP Salary 12 - 20 years exp. (4 salaries)	₹66 L/yr - ₹95 L/yr 234% more
Aviva Life Insurance India AVP Salary 14 - 22 years exp. (4 salaries)	₹17 L/yr - ₹23 L/yr 24% less
Aditya Birla Health Insurance Co AVP Salary 10 - 15 years exp. (4 salaries)	₹31 L/yr - ₹36.5 L/yr 40% more
Bajaj Allianz Life Insurance AVP Salary 14 - 19 years exp. (4 salaries)	₹35 L/yr - ₹38.3 L/yr 57% more
Star Health & Allied Insurance AVP Salary 10 - 14 years exp. (3 salaries)	₹47 L/yr - ₹50 L/yr 101% more

AVP salary at SBI General Insurance ranges between ₹20 Lakhs to ₹31 Lakhs per year for employees with experience between 17 years to 24 years. Salary estimates are based on 6 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance AVP salaries

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
15+ years (6 salaries)	₹20 L/yr - ₹31 L/yr
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Salary related reviews for SBI General Insurance

Chief Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 07 Jun 2024

1.0

for Salary and Benefits

Likes

You will get your salary on time. Apart from this nothing is good about this company.

Dislikes

Nothing is good about this company. Company doesnt give work from home, but those people who are close to the higher management get plenty of work from home. If you are hard working, no one cares, if you are smart worker, no one cares. But if you know someone very important in the organisation then you are important. Favouritism and fawning are the only 2 qualities which will take you to heights. There is no transparency in the team, boss will discuss important matter with only those people who are close to him. Different department people will be made your boss who will himself not know the work. If you complain to the HR then HR will complain about you to your boss and your boss will make your life miserable. If your boss doesnt like you, he will not give you work and will purposely put u in pip. Competent people have left the organization and those who are here since the past 10 years are so lethargic and useless that you with be able to work with them. The HR does nothing to remove this toxicity and HR is also lethargic. A simple offer letter HR will release after 20 days. If you ask to change ur phone number in company portal HR will take minimum 6 months. My suggestion is, even if you are unemployed please dont join SBI General.

Customer Care Executive in Thane Hub

Other Department

3.0

• posted on 27 Jun 2021

3.0

for Salary and Benefits

Likes

Gives opportunity to perfomer and team work culture ..and better compensation programme.

Dislikes

Depends upon our attitude and temperment how you behave with your colleague and be good to your work colleagues and vice versa .

Executive Assistant in Hyderabad / Secunderabad

Seles Department

5.0

• posted on 23 May 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.

Dislikes

There is a lot of politics

Business Development Specialist in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

Nothing...

Dislikes

No work culture, No work life balance, No salary structure, Unnecessary salary deduction with no reason, No HR policies, No support Overall useless and worthless company, can lead to mental issues and health issues if worked here... Do not join..

Senior Business Development Specialist in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 29 Jan 2024

3.0

for Salary and Benefits

Likes

Work life balance little bit when company wants to keep employee otherwise nothing to like.

Dislikes

...ics and poor people management. No top management support No skills development Low salary package

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Salary Discussions, Hike & Promotions

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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SBI General Insurance AVP Salary FAQs

What is the salary of AVP at SBI General Insurance?

AVP salary at SBI General Insurance in India ranges between ₹20.0 Lakhs to ₹31.0 Lakhs for experience between 17 years to 24 years. According to our estimates it is 19% less than the average AVP Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SBI General Insurance India.

How does the salary of a AVP at SBI General Insurance India compare with the average salary range for this job?

The average salary of a AVP at SBI General Insurance is 19% less than the average salary of a AVP in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a AVP in India?

MetLife AVP Salary - ₹66.0 Lakhs to ₹95.0 Lakhs per year
Star Health & Allied Insurance AVP Salary - ₹47.0 Lakhs to ₹50.0 Lakhs per year
Bajaj Allianz Life Insurance AVP Salary - ₹35.0 Lakhs to ₹38.3 Lakhs per year
HDFC Life AVP Salary - ₹24.0 Lakhs to ₹60.5 Lakhs per year
Bajaj Allianz General Insurance AVP Salary - ₹30.0 Lakhs to ₹40.5 Lakhs per year

What is the salary of a AVP in companies similar to SBI General Insurance in India?

Aditya Birla Health Insurance Co AVP Salary - ₹31.0 Lakhs to ₹36.5 Lakhs per year
Aditya Birla Sun Life Insurance AVP Salary - ₹29.0 Lakhs to ₹40.5 Lakhs per year
Future Generali India Life Insurance AVP Salary - ₹20.0 Lakhs to ₹37.0 Lakhs per year
Reliance General Insurance AVP Salary - ₹17.5 Lakhs to ₹35.0 Lakhs per year
ManipalCigna Health Insurance AVP Salary - ₹25.0 Lakhs to ₹31.0 Lakhs per year

What is the estimated take home salary of a AVP at SBI General Insurance in India?

The estimated take-home salary of a AVP at SBI General Insurance ranges between ₹1,55,021 per month to ₹1,60,894 per month in India. The take-home salary calculation is based on the average SBI General Insurance AVP salary in India which ranges between ₹20.0 Lakhs to ₹31.0 Lakhs per year for employees with experience between 17 years to 24 years. Check how did we calculate take home salary?

What is the notice period for AVP at SBI General Insurance?

According to AmbitionBox, 71% of the SBI General Insurance AVPs reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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SBI General Insurance AVP Salaries

SBI General Insurance AVP salary in India ranges between ₹20 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SBI General Insurance latest salaries received from various employees of SBI General Insurance.