SBI General Insurance Mumbai Business Solutions Manager Salaries by 7 Employees (Updated 2024)

1 - 8 years exp.

₹4.1 Lakhs - ₹12 Lakhs

Salary of majority employees

58% less than the average Business Solutions Manager Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Solutions Manager Salary 1 - 6 years exp. (4 salaries)	₹7.1 L/yr - ₹12 L/yr
Data Science & Analytics Business Solutions Manager Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹10.2 L/yr
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IT & Information Security Business Solutions Manager Salary 1 year exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹10.2 L/yr

Last Updated: 27 Jan 2024

Companies similar to SBI General Insurance for Business Solutions Manager in Mumbai

SBI General Insurance Business Solutions Manager Salary

1 - 8 years exp. (7 salaries)

₹4.1 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata AIA Life Insurance Business Solutions Manager Salary 8 - 10 years exp. (3 salaries)	₹17 L/yr - ₹23 L/yr 121% more
Cognizant Business Solutions Manager Salary 3 - 15 years exp. (11 salaries)	₹15.4 L/yr - ₹26.6 L/yr 153% more
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Kotak Mahindra Bank Business Solutions Manager Salary 4 - 9 years exp. (7 salaries)	₹8.5 L/yr - ₹20 L/yr 40% more
Axis Bank Business Solutions Manager Salary 12 - 18 years exp. (4 salaries)	₹7.2 L/yr - ₹20 L/yr 53% more
Edelweiss Tokio Life Insurance Business Solutions Manager Salary 11 - 15 years exp. (4 salaries)	₹11 L/yr - ₹14.5 L/yr 45% more

Business Solutions Manager salary at SBI General Insurance ranges between ₹4.1 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 7 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Business Solutions Manager salaries in Mumbai

Last Updated: 27 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.2 L/yr - ₹8.8 L/yr
2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹10.3 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹17.4 L/yr

View all

Similar Designation salaries in SBI General Insurance

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Business Development Manager Salary

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₹2.8 L/yr - ₹4.5 L/yr

Project Manager Salary

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₹8 L/yr - ₹20.5 L/yr

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Salary related reviews for SBI General Insurance

1.0

Rated by 1 employees for salary & benefits

Business Development Manager in Gorakhpur

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.

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 .

Business Development Manager in Gorakhpur

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.

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.

Business Development Manager in Vijayawada

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

Business Development Manager in Yavatmal

BFSI, Investments & Trading Department

5.0

• posted on 16 Jun 2021

3.0

for Salary and Benefits

Likes

... helped me for booking businesses and other time, the management is transparent. Appraisal are also fair, but some places I demotivate due to my salary and expenses incentives. Appraisals are fair by management.

Dislikes

Salary is soon poor related to job, it means working time is alot but salary is low. How can I submit my expenses from joining date to till today I am unable to submit my expenses and not sure it will approve or not. Incentives are made on the basis of budgets, my salary is very low I can not manage my family expenses from my salary what should I do. But I like this job because I am with a brand SBI General Insurance and happy with my work.

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..

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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 Business Solutions Manager Salary FAQs

What is the salary of Business Solutions Manager at SBI General Insurance Mumbai?

Business Solutions Manager salary at SBI General Insurance in Mumbai ranges between ₹4.1 Lakhs to ₹12.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 58% less than the average Business Solutions Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SBI General Insurance Mumbai.

How does the salary of a Business Solutions Manager at SBI General Insurance Mumbai compare with the average salary range for this job?

The average salary of a Business Solutions Manager at SBI General Insurance is 58% less than the average salary of a Business Solutions Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a Business Solutions Manager in Mumbai?

Cognizant Business Solutions Manager Salary - ₹15.4 Lakhs to ₹26.6 Lakhs per year
Tata AIA Life Insurance Business Solutions Manager Salary - ₹17.0 Lakhs to ₹23.0 Lakhs per year
Axis Bank Business Solutions Manager Salary - ₹7.2 Lakhs to ₹20.0 Lakhs per year
Edelweiss Tokio Life Insurance Business Solutions Manager Salary - ₹11.0 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Bank Business Solutions Manager Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Business Solutions Manager at SBI General Insurance in Mumbai?

The estimated take-home salary of a Business Solutions Manager at SBI General Insurance ranges between ₹63,019 per month to ₹64,622 per month in Mumbai. The take-home salary calculation is based on the average SBI General Insurance Business Solutions Manager salary in India which ranges between ₹4.1 Lakhs to ₹12.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Business Solutions Manager at SBI General Insurance in Mumbai?

According to AmbitionBox, 100% of the SBI General Insurance Business Solutions Managers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI General Insurance Business Solutions Manager Salaries in Mumbai

SBI General Insurance Business Solutions Manager salary in Mumbai ranges between ₹4.1 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Business Solutions Manager salaries in Mumbai

Companies similar to SBI General Insurance for Business Solutions Manager in Mumbai

Latest annual salaries shared by SBI General Insurance Business Solutions Manager in Mumbai

Experience wise SBI General Insurance Business Solutions Manager salaries in Mumbai

Similar Designation salaries in SBI General Insurance

Salary related reviews for SBI General Insurance

Business Development Manager in Gorakhpur

Business Development Manager in Gorakhpur

Business Development Manager in Vijayawada

Business Development Manager in Yavatmal

Business Development Specialist in Kolkata

SBI General Insurance Business Solutions Manager Salary FAQs

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