Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by SBI General Insurance Team. If you also belong to the team, you can get access from here

SBI General Insurance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

SBI General Insurance Executive salaries in India (Updated 2025)

Annual salary range
0 - 9 years exp.
₹1.8 Lakh - ₹5 Lakhs
Salary of majority employees
unlock blur
Fixed (86%)
₹3 Lakhs
Variable (14%)
₹0.5 Lakh
unlock blur

24% less than the average Executive Salary in Insurance Companies for 0 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Executive Salary
1 - 9 years exp. (38 salaries)
unlock-blur

₹1.8 L/yr - ₹4.2 L/yr

Customer Success, Service & Operations
Executive Salary
1 - 9 years exp. (35 salaries)
unlock-blur

₹2 L/yr - ₹4.2 L/yr

Sales & Business Development
Executive Salary
0 - 6 years exp. (14 salaries)
unlock-blur

₹2 L/yr - ₹5 L/yr

Finance & Accounting
Executive Salary
1 - 6 years exp. (9 salaries)
unlock-blur

₹2.7 L/yr - ₹4.2 L/yr

Healthcare & Life Sciences
Executive Salary
0 - 6 years exp. (6 salaries)
unlock-blur

₹2.4 L/yr - ₹4 L/yr

View all

Last Updated: 14 Mar 2025

Companies similar to SBI General Insurance for Executive

Company name Avg Annual Salary Open Jobs
unlock blur

₹1.8 L/yr - ₹6 L/yr

arrow icon 15% less
Logo
HDFC Ergo General Insurance Executive Salary

0 - 7 years exp. (193 salaries)

unlock blur

₹1.7 L/yr - ₹4.9 L/yr

arrow icon 6% less
Logo
unlock blur

₹2.2 L/yr - ₹5.7 L/yr

arrow icon 22% more
4 job openings
Logo
Reliance General Insurance Executive Salary

1 - 10 years exp. (8 salaries)

unlock blur

₹1.4 L/yr - ₹4.2 L/yr

arrow icon 14% less
Logo
Tata AIG Executive Salary

0 - 8 years exp. (89 salaries)

unlock blur

₹1.7 L/yr - ₹5 L/yr

arrow icon 14% less
Logo
The New India Assurance Co. Executive Salary

3 - 11 years exp. (3 salaries)

unlock blur

₹1.3 L/yr - ₹2.6 L/yr

arrow icon 39% less
unlock blur

₹1.3 L/yr - ₹4.8 L/yr

arrow icon 19% less
1 job opening
Logo
Star Health & Allied Insurance Executive Salary

0 - 8 years exp. (211 salaries)

unlock blur

₹1.6 L/yr - ₹4.8 L/yr

arrow icon 14% less
Logo
Axis Max Life Insurance Executive Salary

0 - 6 years exp. (205 salaries)

unlock blur

₹1 L/yr - ₹5.5 L/yr

arrow icon 5% less
Logo
Tata AIA Life Insurance Executive Salary

1 - 9 years exp. (104 salaries)

unlock blur

₹2 L/yr - ₹6.5 L/yr

arrow icon 29% more
1 job opening
Logo
HDFC Life Executive Salary

0 - 6 years exp. (80 salaries)

unlock blur

₹2.2 L/yr - ₹5 L/yr

arrow icon 16% more
Logo
Bajaj Allianz Life Insurance Executive Salary

1 - 6 years exp. (53 salaries)

unlock blur

₹1.8 L/yr - ₹5.3 L/yr

At par
Logo
Shriram Life Insurance Executive Salary

0 - 6 years exp. (45 salaries)

unlock blur

₹1.8 L/yr - ₹3.5 L/yr

arrow icon 27% less
unlock blur

₹1.8 L/yr - ₹3.5 L/yr

arrow icon 24% less
unlock blur

₹1.2 L/yr - ₹3.3 L/yr

arrow icon 26% less
unlock blur

₹1.8 L/yr - ₹3.8 L/yr

arrow icon 16% less
unlock blur

₹1.9 L/yr - ₹4.3 L/yr

arrow icon 4% less
Logo
PNB MetLife Executive Salary

0 - 6 years exp. (28 salaries)

unlock blur

₹2 L/yr - ₹3.8 L/yr

arrow icon 20% less
Logo
SBI Life Insurance Company Executive Salary

1 - 11 years exp. (29 salaries)

unlock blur

₹1.4 L/yr - ₹6 L/yr

arrow icon 2% less
Logo
unlock blur

₹1 L/yr - ₹4.4 L/yr

arrow icon 18% less
View all
Executive salary at SBI General Insurance ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 156 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Executive

2d ago
avg blur mobile
9 years exp.
1w ago
avg blur mobile
3 years exp.
3w ago
avg blur mobile
4 years exp.
1mo ago
avg blur mobile
2 years exp.
2mo ago
avg blur mobile
5 years exp.
2mo ago
avg blur mobile
2 years exp.
3mo ago
avg blur mobile
9 years exp.
3mo ago
avg blur mobile
2 years exp.
4mo ago
avg blur mobile
6 years exp.
4mo ago
avg blur mobile
6 years exp.

Experience wise SBI General Insurance Executive salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

unlock blur

₹2.9 L/yr - ₹3.9 L/yr
1 year  (9 salaries)

unlock blur

₹2 L/yr - ₹3.6 L/yr
2 years  (15 salaries)

unlock blur

₹2.3 L/yr - ₹4.1 L/yr
3 years  (32 salaries)

unlock blur

₹2 L/yr - ₹5 L/yr
4 years  (28 salaries)

unlock blur

₹1.8 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in SBI General Insurance

Supervisor Salary
(AmbitionBox Estimate)
unlock blur
₹3.2 L/yr - ₹4 L/yr
Deputy Manager Salary
(158 salaries)
unlock blur
₹3.7 L/yr - ₹9.68 L/yr
Senior Officer Salary
(4 salaries)
unlock blur
₹4 L/yr - ₹12.9 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹4.3 L/yr - ₹5.5 L/yr
unlock blur
₹2.5 L/yr - ₹5.1 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹5.1 L/yr - ₹6.6 L/yr

Salary related reviews for SBI General Insurance

3.2

Rated by 39 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Jan 2025

2.0
 for  Salary and Benefits

Likes

All other channels other than Sbi relationship will enjoy work without pressure… they bring non profit no’s also ok for organisation

read more
  • Job security - Good

Dislikes

Only sbi channel makes profits for organisation and get variable pay but this team will get only pressure and no motivation or opportunities in promotions

read more
  • Salary - Poor
  • +3 more

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..

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Jun 2024

1.0
 for  Salary and Benefits

Likes

You will get your salary on time. Apart from this nothing is good about this company.

read more

Dislikes

Nothing is good about this company. Company doesnt give work from home, but those people who are close to the higher management get plenty of work from home. If you are hard working, no one cares, if you are smart worker, no one cares. But if you know someone very important in the organisation then you are important. Favouritism and fawning are the only 2 qualities which will take you to heights. There is no transparency in the team, boss will discuss important matter with only those people who are close to him. Different department people will be made your boss who will himself not know the work. If you complain to the HR then HR will complain about you to your boss and your boss will make your life miserable. If your boss doesnt like you, he will not give you work and will purposely put u in pip. Competent people have left the organization and those who are here since the past 10 years are so lethargic and useless that you with be able to work with them. The HR does nothing to remove this toxicity and HR is also lethargic. A simple offer letter HR will release after 20 days. If you ask to change ur phone number in company portal HR will take minimum 6 months. My suggestion is, even if you are unemployed please dont join SBI General.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 29 Jan 2024

3.0
 for  Salary and Benefits

Likes

Work life balance little bit when company wants to keep employee otherwise nothing to like.

  • Work-life balance - Good

Dislikes

...ics and poor people management. No top management support No skills development Low salary package

read more
  • Skill development - Poor
  • +2 more

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. .

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

SBI General Insurance Executive Salary FAQs

What is the salary of Executive at SBI General Insurance ?
The average salary of a Executive at SBI General Insurance in India typically ranges from ₹1.8 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Executive at SBI General Insurance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Executive Salaries at SBI General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ SBI General Insurance employees in India.
What is the estimated take home salary of a Executive at SBI General Insurance in India?
The estimated take-home salary of a Executive at SBI General Insurance in India typically ranges from ₹25,697 to ₹27,126 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of SBI General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI General Insurance for Executive in India?
Royal Sundaram General Insurance ₹3.0 Lakhs to ₹7.5 Lakhs per year
Tata AIA Life Insurance ₹2.0 Lakhs to ₹6.5 Lakhs per year
MetLife ₹4.0 Lakhs to ₹4.7 Lakhs per year
Bajaj Allianz General Insurance ₹2.2 Lakhs to ₹5.7 Lakhs per year
HDFC Life ₹2.2 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI General Insurance, depending on the role and experience level.
What is the salary of a Executive in companies similar to SBI General Insurance in India?
The salary of a Executive at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹1.8 Lakhs to ₹5.3 Lakhs per year
SBI Life Insurance Company ₹1.4 Lakhs to ₹6.0 Lakhs per year
Cholamandalam MS General Insurance ₹1.9 Lakhs to ₹4.3 Lakhs per year
Axis Max Life Insurance ₹1.0 Lakhs to ₹5.5 Lakhs per year
HDFC Ergo General Insurance ₹1.7 Lakhs to ₹4.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Executive at SBI General Insurance in India?
The salary growth for a Executive at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Executive can expect the following growth trajectory at SBI General Insurance:

Experience Average Salary Range
Fresher ₹2.9 Lakhs to ₹3.9 Lakhs per year
1 year ₹2.0 Lakhs to ₹3.6 Lakhs per year
2 years ₹2.3 Lakhs to ₹4.1 Lakhs per year
3 years ₹2.0 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

SBI General Insurance Executive salary in India ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 156 SBI General Insurance latest salaries received from various employees of SBI General Insurance.