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SBI General Insurance Back Office Executive salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹2 Lakhs - ₹3.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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14% more than the average Back Office Executive Salary in Insurance Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Back Office Executive Salary
0 - 4 years exp. (4 salaries)
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₹2 L/yr - ₹3.2 L/yr

Engineering - Software & QA
Back Office Executive Salary
3 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.7 L/yr

Last Updated: 17 Mar 2023

Companies similar to SBI General Insurance for Back Office Executive in Mumbai

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SBI General Insurance Back Office Executive Salary

0 - 4 years exp. (7 salaries)

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₹2 L/yr - ₹3.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.1 L/yr - ₹3.6 L/yr

arrow icon 17% less
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₹1.1 L/yr - ₹3.1 L/yr

arrow icon 20% less
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₹1.1 L/yr - ₹5.2 L/yr

arrow icon 7% more
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₹2 L/yr - ₹5 L/yr

arrow icon 6% more
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HDFC Life Back Office Executive Salary

1 - 5 years exp. (10 salaries)

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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 9% less
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₹1.5 L/yr - ₹4 L/yr

arrow icon 7% more
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₹2 L/yr - ₹3.5 L/yr

At par
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PNB MetLife Back Office Executive Salary

1 - 6 years exp. (5 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 8% less
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₹2 L/yr - ₹2.5 L/yr

arrow icon 15% less
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₹2.1 L/yr - ₹3.3 L/yr

arrow icon 4% less
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₹2.3 L/yr - ₹2.5 L/yr

arrow icon 14% less
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₹3 L/yr - ₹4.5 L/yr

arrow icon 22% more
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₹2.3 L/yr - ₹2.8 L/yr

arrow icon 2% more
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₹2.1 L/yr - ₹3.1 L/yr

arrow icon 11% less
Back Office Executive salary at SBI General Insurance ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Back Office Executive salaries in Mumbai

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
3 years  (3 salaries)

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₹2 L/yr - ₹4.9 L/yr
4 years  (3 salaries)

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₹2.2 L/yr - ₹3.2 L/yr

Similar Designation salaries in SBI General Insurance

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₹1.5 L/yr - ₹4 L/yr
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₹1.8 L/yr - ₹5 L/yr
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₹2 L/yr - ₹3.85 L/yr
MIS Executive Salary
(8 salaries)
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₹2 L/yr - ₹3.95 L/yr
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₹2.28 L/yr - ₹3 L/yr
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₹3.4 L/yr - ₹3.92 L/yr
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₹2 L/yr - ₹3.5 L/yr

Salary related reviews for SBI General Insurance

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 10 May 2023

1.0
 for  Salary and Benefits

Likes

Work as a team.supoort each other

  • Skill development - Good
  • +1 more

Dislikes

1 pay roll is less. Ihave worked with salary of 13000 and comp taken mba person same job 25000salart new comers also getting 20000 salary 2)increment is not done by calibar it is gone by licking a$$ of manager got 2rating.....other also who work hard got1/2. But buttering emp got 4star rating 3)company official are more interested in home life then work life. 4)company dont give opportunity for movement in other sector...tl also guide as a headache. Job if new post are available. 5)working feels good out of office within office it a jail like scenario where lunch break/tea all are fixed...we have to move with team if we are starting not... 6)manager and hr are not helping for any scenario. .

read more
  • Salary - Bad
  • +4 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

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Agency Sales Department

3.0
  •  posted on 29 Dec 2020

1.0
 for  Salary and Benefits

Likes

Office team was good. There was work flexibility. Monthly salary used to get on time. Company never deducted Salary during COVID pandemic period.

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Dislikes

Joined this company more then year and half back. Initially everything was fine but suddenly company became over aggressive and messed up the things. The back office process in this company is extremely slow and poor. Even the reporting head was so slow that, literally to issue one policy they used to take two days. Poor support from reporting head. He was not even bothered to check my Whats app messages related to work in case of urgency. He did not even showed courtesy to start the process of company travel claim related to my Induction training due to which I lost my 7000 INR.

read more
  • Salary - Bad
  • +2 more

Sales & Business Development Department

5.0
  •  posted on 18 Dec 2020

5.0
 for  Salary and Benefits

Likes

During covid-19 period SBI General Support us like our family.Good work environment,culture and here Seniors are very supportive in this pandemic. Great work experience here and our family also satisfy ki I am a part of this organization.

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  • Salary - Excellent
  • +6 more

Dislikes

Salary are too low as equal to work experience of the employee.So it request please raise salary correction under certain time period. And in our GMC policy request please increase Sum insured limit under Executive Grade.

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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.

read more
  • Skill development - Good

Dislikes

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

read more
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SBI General Insurance Back Office Executive Salary FAQs

What is the salary of Back Office Executive at SBI General Insurance in Mumbai?
The average salary of a Back Office Executive at SBI General Insurance in Mumbai typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Back Office Executive in Mumbai at SBI General Insurance earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Back Office Executive 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 7 SBI General Insurance employees in India.
What is the estimated take home salary of a Back Office Executive at SBI General Insurance in Mumbai?
The estimated take-home salary of a Back Office Executive at SBI General Insurance in Mumbai typically ranges from ₹19,210 to ₹20,885 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 7 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 Back Office Executive in India?
Royal Sundaram General Insurance ₹3.0 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹1.5 Lakhs to ₹4.0 Lakhs per year
Tata AIA Life Insurance ₹1.1 Lakhs to ₹5.2 Lakhs per year
Reliance Nippon Life Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
Cholamandalam MS General Insurance ₹2.3 Lakhs to ₹2.8 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 Back Office Executive in companies similar to SBI General Insurance in Mumbai?
The salary of a Back Office Executive at companies similar to SBI General Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Health Insurance Co ₹2.0 Lakhs to ₹3.5 Lakhs per year
ManipalCigna Health Insurance ₹2.1 Lakhs to ₹3.3 Lakhs per year
PNB MetLife ₹2.1 Lakhs to ₹3.5 Lakhs per year
HDFC Life ₹1.5 Lakhs to ₹3.1 Lakhs per year
Bajaj Allianz Life Insurance ₹2.1 Lakhs to ₹3.1 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 Back Office Executive at SBI General Insurance in Mumbai?
The salary growth for a Back Office Executive at SBI General Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Back Office Executive in Mumbai can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹3.2 Lakhs per year
1 year ₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years ₹2.0 Lakhs to ₹4.9 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Back Office Executive salary in Mumbai ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 SBI General Insurance latest salaries received from various employees of SBI General Insurance.