SBI General Insurance Deputy Manager Grade 2 Salaries by 2 Employees (Updated 2025)

5 - 6 years exp.

₹5.5 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

Data Science & Analytics Deputy Manager Grade 2 Salary 5 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.9 L/yr
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Sales & Business Development Deputy Manager Grade 2 Salary 6 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.5 L/yr

Last Updated: 11 Feb 2025

Companies similar to SBI General Insurance for Deputy Manager Grade 2

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Deputy Manager Grade 2 Salary 7 - 10 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr 9% less
HDFC Ergo General Insurance Deputy Manager Grade 2 Salary 2 - 14 years exp. (38 salaries)	₹4.5 L/yr - ₹8.3 L/yr 5% less
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Tata AIG Deputy Manager Grade 2 Salary 7 - 12 years exp. (4 salaries)	₹4.2 L/yr - ₹5.6 L/yr 15% less
Kotak Mahindara Life Insurance Deputy Manager Grade 2 Salary 0 - 6 years exp. (41 salaries)	₹2.1 L/yr - ₹5 L/yr 45% less
HDFC Life Deputy Manager Grade 2 Salary 8 - 15 years exp. (8 salaries)	₹5.2 L/yr - ₹7.3 L/yr 6% more
Bajaj Allianz Life Insurance Deputy Manager Grade 2 Salary 7 - 16 years exp. (4 salaries)	₹6.3 L/yr - ₹10 L/yr 34% more
Aditya Birla Health Insurance Co Deputy Manager Grade 2 Salary 6 - 7 years exp. (3 salaries)	₹7 L/yr - ₹7.6 L/yr 21% more

Deputy Manager Grade 2 salary at SBI General Insurance ranges between ₹5.5 Lakhs to ₹7 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of SBI General Insurance.

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Salary related reviews for SBI General Insurance

5.0

Rated by 2 employees for salary & benefits

Customer Service Associate in Thane

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. .

Salary - Bad

+4 more

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.

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 .

Salary - Poor

+4 more

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.

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.

Skill development - Bad

+2 more

Sales Manager in Gwalior

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.

Salary - Excellent

+6 more

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

Salary - Good

+6 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SBI General Insurance Deputy Manager Grade 2 Salary FAQs

How the salary growth look like for a Deputy Manager Grade 2 at SBI General Insurance in India?

The salary growth for a Deputy Manager Grade 2 at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Grade 2 can expect the following growth trajectory at SBI General Insurance:

Experience	Average Salary Range
5 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
6 years	₹5.3 Lakhs to ₹6.8 Lakhs per year

and so on.

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SBI General Insurance Deputy Manager Grade 2 Salaries

SBI General Insurance Deputy Manager Grade 2 salary in India ranges between ₹5.5 Lakhs to ₹7 Lakhs. This is an estimate based on latest salaries received from employees of SBI General Insurance.