SBI General Insurance Mumbai Deputy Manager Salaries by 30+ Employees (Updated 2024)

4 - 11 years exp.

₹4.3 Lakhs - ₹10.2 Lakhs

Salary of majority employees

35% 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: 16 Dec 2024

Companies similar to SBI General Insurance for Deputy Manager in Mumbai

SBI General Insurance Deputy Manager Salary

4 - 11 years exp. (30 salaries)

₹4.3 L/yr - ₹10.2 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Deputy Manager Salary 4 - 13 years exp. (9 salaries)	₹3.5 L/yr - ₹6.5 L/yr 14% more
HDFC Ergo General Insurance Deputy Manager Salary 0 - 13 years exp. (245 salaries)	₹3 L/yr - ₹10.3 L/yr 7% more
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Bajaj Allianz General Insurance Deputy Manager Salary 5 - 14 years exp. (9 salaries)	₹9.5 L/yr - ₹15 L/yr 128% more	1 job opening
Reliance General Insurance Deputy Manager Salary 1 - 10 years exp. (32 salaries)	₹3.2 L/yr - ₹6.1 L/yr 15% less
Tata AIG Deputy Manager Salary 2 - 9 years exp. (219 salaries)	₹2.6 L/yr - ₹8.6 L/yr 20% less	5 job openings
Kotak Mahindara Life Insurance Deputy Manager Salary 0 - 9 years exp. (435 salaries)	₹2 L/yr - ₹5.7 L/yr 25% less
HDFC Life Deputy Manager Salary 2 - 15 years exp. (422 salaries)	₹3.5 L/yr - ₹14.4 L/yr 47% more
Future Generali India Life Insurance Deputy Manager Salary 5 - 17 years exp. (147 salaries)	₹4.3 L/yr - ₹14.7 L/yr 72% more	1 job opening
Aditya Birla Health Insurance Co Deputy Manager Salary 4 - 11 years exp. (133 salaries)	₹4.3 L/yr - ₹12.6 L/yr 45% more
Max Life Insurance Deputy Manager Salary 0 - 13 years exp. (71 salaries)	₹3.2 L/yr - ₹7.7 L/yr 6% less	20 job openings

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Deputy Manager salary at SBI General Insurance ranges between ₹4.3 Lakhs to ₹10.2 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 30 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Deputy Manager salaries in Mumbai

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
4 years (4 salaries)	₹1.9 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹9.2 L/yr
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6 years (5 salaries)	₹4.3 L/yr - ₹9.6 L/yr
7 years (AmbitionBox Estimate)	₹2.2 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

(12 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 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 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 ₹10.2 Lakhs for experience between 4 years to 11 years. According to our estimates it is 35% less than the average Deputy Manager Salary in India. Salary estimates are based on 30 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 35% 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 ₹15.0 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 ₹14.7 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
Reliance Nippon Life Insurance Deputy Manager Salary - ₹3.7 Lakhs to ₹14.6 Lakhs per year
HDFC Life Deputy Manager Salary - ₹3.5 Lakhs to ₹14.4 Lakhs per year
Aditya Birla Health Insurance Co Deputy Manager Salary - ₹4.3 Lakhs to ₹12.6 Lakhs per year
Cholamandalam MS General Insurance Deputy Manager Salary - ₹6.0 Lakhs to ₹11.0 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 ₹41,857 per month to ₹42,994 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 ₹10.2 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, 44% of the SBI General Insurance Deputy Managers in Mumbai reported a notice period of 2 Months, 39% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 48 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 ₹10.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 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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