SBI General Insurance Mumbai Deputy Manager Salaries by 20+ Employees (Updated 2025)

4 - 11 years exp.

₹4.3 Lakhs - ₹10.5 Lakhs

Salary of majority employees

32% less than the average Deputy Manager Salary in Insurance Companies for 4 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Salary 6 - 11 years exp. (8 salaries)	₹4.3 L/yr - ₹7.1 L/yr
Sales & Business Development Deputy Manager Salary 4 - 10 years exp. (6 salaries)	₹4.3 L/yr - ₹6.5 L/yr
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Finance & Accounting Deputy Manager Salary 6 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹7.5 L/yr
BFSI, Investments & Trading Deputy Manager Salary 4 - 11 years exp. (4 salaries)	₹4.9 L/yr - ₹6.5 L/yr

Last Updated: 4 Jan 2025

Companies similar to SBI General Insurance for Deputy Manager in Mumbai

SBI General Insurance Deputy Manager Salary

4 - 11 years exp. (29 salaries)

₹4.3 L/yr - ₹10.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Deputy Manager Salary 5 - 13 years exp. (9 salaries)	₹4.7 L/yr - ₹11 L/yr 24% more
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (250 salaries)	₹3.5 L/yr - ₹10.3 L/yr 4% more
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Bajaj Allianz General Insurance Deputy Manager Salary 5 - 14 years exp. (8 salaries)	₹9.5 L/yr - ₹14 L/yr 122% more	2 job openings
Reliance General Insurance Deputy Manager Salary 1 - 10 years exp. (33 salaries)	₹3.2 L/yr - ₹6.1 L/yr 18% less
Tata AIG Deputy Manager Salary 2 - 9 years exp. (220 salaries)	₹2.6 L/yr - ₹8.6 L/yr 24% less	3 job openings
HDFC Life Deputy Manager Salary 2 - 15 years exp. (425 salaries)	₹3.5 L/yr - ₹14.4 L/yr 41% more	2 job openings
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 9 years exp. (407 salaries)	₹2 L/yr - ₹5.7 L/yr 30% less
Future Generali India Life Insurance Deputy Manager Salary 5 - 17 years exp. (146 salaries)	₹4.3 L/yr - ₹14.1 L/yr 66% more	2 job openings
Aditya Birla Health Insurance Co Deputy Manager Salary 4 - 11 years exp. (134 salaries)	₹4.2 L/yr - ₹12.6 L/yr 37% more
Max Life Insurance Deputy Manager Salary 0 - 13 years exp. (69 salaries)	₹3.2 L/yr - ₹7.7 L/yr 10% less	14 job openings

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Deputy Manager salary at SBI General Insurance ranges between ₹4.3 Lakhs to ₹10.5 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 29 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Deputy Manager salaries in Mumbai

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
4 years (4 salaries)	₹2.1 L/yr - ₹10 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹9.8 L/yr
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6 years (4 salaries)	₹4.3 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.2 L/yr
8 years (5 salaries)	₹4.5 L/yr - ₹9.5 L/yr
9 years (3 salaries)	₹5.2 L/yr - ₹7.1 L/yr
10 years (7 salaries)	₹4.3 L/yr - ₹10.4 L/yr
11 years (3 salaries)	₹5.9 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in SBI General Insurance

Project Manager Salary

(13 salaries)

₹8 L/yr - ₹20.5 L/yr

Salary related reviews for SBI General Insurance

2.6

Rated by 7 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

Relationship Manager in Gulbarga

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 .

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

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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SBI General Insurance Deputy Manager Salary FAQs

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

Deputy Manager salary at SBI General Insurance in Mumbai ranges between ₹4.3 Lakhs to ₹10.5 Lakhs for experience between 4 years to 11 years. According to our estimates it is 32% less than the average Deputy Manager Salary in India. Salary estimates are based on 29 latest salaries received from various employees of SBI General Insurance Mumbai.

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

The average salary of a Deputy Manager at SBI General Insurance is 32% less than the average salary of a Deputy Manager in Mumbai. To know exact salary insights, login to view.

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

National Insurance Company Deputy Manager Salary - ₹21.0 Lakhs to ₹24.0 Lakhs per year
Bajaj Allianz General Insurance Deputy Manager Salary - ₹9.5 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz Life Insurance Deputy Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Future Generali India Life Insurance Deputy Manager Salary - ₹4.3 Lakhs to ₹14.1 Lakhs per year
Star Union Dai-ichi Life Insurance Deputy Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Deputy Manager in companies similar to SBI General Insurance in Mumbai?

PNB MetLife Deputy Manager Salary - ₹4.0 Lakhs to ₹12.6 Lakhs per year
HDFC Life Deputy Manager Salary - ₹3.5 Lakhs to ₹14.4 Lakhs per year
Cholamandalam MS General Insurance Deputy Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Health Insurance Co Deputy Manager Salary - ₹4.2 Lakhs to ₹12.6 Lakhs per year
Reliance Nippon Life Insurance Deputy Manager Salary - ₹3.7 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at SBI General Insurance ranges between ₹43,388 per month to ₹44,503 per month in Mumbai. The take-home salary calculation is based on the average SBI General Insurance Deputy Manager salary in India which ranges between ₹4.3 Lakhs to ₹10.5 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 43% of the SBI General Insurance Deputy Managers in Mumbai reported a notice period of 3 Months, 40% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.

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SBI General Insurance Deputy Manager Salaries in Mumbai

SBI General Insurance Deputy Manager salary in Mumbai ranges between ₹4.3 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 SBI General Insurance latest salaries received from various employees of SBI General Insurance.

SBI General Insurance Deputy Manager salaries in Mumbai

Companies similar to SBI General Insurance for Deputy Manager in Mumbai

Latest annual salaries shared by SBI General Insurance Deputy Manager in Mumbai

Experience wise SBI General Insurance Deputy 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

Relationship Manager in Gulbarga

Business Development Manager in Yavatmal

SBI General Insurance Deputy Manager Salary FAQs

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