SBI General Insurance Divisional Manager Salaries by Employees (Updated 2025)

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₹4.5 Lakhs - ₹5.8 Lakhs

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Last Updated: 28 Apr 2024

Companies similar to SBI General Insurance for Divisional Manager

Company name	Avg Annual Salary	Open Jobs
United India Insurance Company Divisional Manager Salary 9 - 13 years exp. (4 salaries)	₹12.5 L/yr - ₹23.2 L/yr 248% more
National Insurance Company Divisional Manager Salary 9 - 12 years exp. (5 salaries)	₹12 L/yr - ₹28 L/yr 241% more
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The New India Assurance Co. Divisional Manager Salary 12 - 24 years exp. (4 salaries)	₹10.7 L/yr - ₹22 L/yr 206% more
The Oriental Insurance Co. Divisional Manager Salary 10 - 15 years exp. (3 salaries)	₹12 L/yr - ₹13.4 L/yr 147% more
Star Health & Allied Insurance Divisional Manager Salary 8 - 17 years exp. (73 salaries)	₹4 L/yr - ₹14.2 L/yr 56% more
SBI Life Insurance Company Divisional Manager Salary 13 - 25 years exp. (38 salaries)	₹12 L/yr - ₹25 L/yr 286% more
Shriram Life Insurance Divisional Manager Salary 5 - 14 years exp. (10 salaries)	₹5.6 L/yr - ₹9.5 L/yr 29% more
Kotak Mahindara Life Insurance Divisional Manager Salary 12 - 20 years exp. (9 salaries)	₹14 L/yr - ₹20 L/yr 252% more
Bajaj Allianz Life Insurance Divisional Manager Salary 3 - 16 years exp. (6 salaries)	₹3.4 L/yr - ₹9.5 L/yr 42% more
Star Union Dai-ichi Life Insurance Divisional Manager Salary 14 - 27 years exp. (5 salaries)	₹18.7 L/yr - ₹20 L/yr 276% more

Divisional Manager salary at SBI General Insurance ranges between ₹4.5 Lakhs to ₹5.8 Lakhs per year for employees with 15+ years of experience. Salary estimates are based on 1 latest salaries received from various employees of SBI General Insurance.

Similar Designation salaries in SBI General Insurance

Regional Manager Salary

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₹14.2 L/yr - ₹25 L/yr

Business Manager Salary

(5 salaries)

₹4 L/yr - ₹15.1 L/yr

Senior Sales Manager Salary

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₹4.4 L/yr - ₹6.15 L/yr

Branch Manager Salary

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₹6.5 L/yr - ₹10.5 L/yr

Area Manager Salary

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₹8.98 L/yr - ₹15.2 L/yr

Marketing Manager Salary

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₹9.7 L/yr - ₹12.4 L/yr

Relationship Manager Salary

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₹1.75 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(160 salaries)

₹3.7 L/yr - ₹8.93 L/yr

Territory Manager Salary

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₹5.2 L/yr - ₹9.3 L/yr

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₹3.28 L/yr - ₹6.22 L/yr

Salary related reviews for SBI General Insurance

Area Sales Manager in Ratlam

Full Time

Security Services Department

4.0

• posted on 06 Jan 2025

1.0

for Salary and Benefits

Likes

The company is good, the atmosphere and staff are also good and I want to work in this company for a long time.

Dislikes

I am getting very less salary as compared to my hard work so my salary should be increased

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.

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.

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

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a social media specialist

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 Divisional Manager Salary FAQs

What is the notice period for Divisional Manager at SBI General Insurance?

According to AmbitionBox, 100% of the SBI General Insurance Divisional Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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SBI General Insurance Divisional Manager Salaries

SBI General Insurance Divisional Manager salary in India ranges between ₹4.5 Lakhs to ₹5.8 Lakhs. This is an estimate based on latest salaries received from employees of SBI General Insurance.