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3.7

based on 1.5k Reviews

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SBI General Insurance Manager salaries in Mumbai

Annual salary range
1 - 13 years exp.
₹6.5 Lakhs - ₹15 Lakhs
Salary of majority employees
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43% less than the average Manager Salary in Insurance Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
1 - 12 years exp. (8 salaries)
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₹6.8 L/yr - ₹15 L/yr

Customer Success, Service & Operations
Manager Salary
1 - 12 years exp. (6 salaries)
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₹6.6 L/yr - ₹11.3 L/yr

Sales & Business Development
Manager Salary
2 - 10 years exp. (6 salaries)
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₹7 L/yr - ₹12 L/yr

Project & Program Management
Manager Salary
1 - 13 years exp. (3 salaries)
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₹7.8 L/yr - ₹9.7 L/yr

Risk Management & Compliance
Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹9.3 L/yr - ₹9.7 L/yr

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Last Updated: 27 Nov 2024

Companies similar to SBI General Insurance for Manager in Mumbai

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SBI General Insurance Manager Salary

1 - 13 years exp. (45 salaries)

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₹6.5 L/yr - ₹15 L/yr

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Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹13.1 L/yr

arrow icon 19% less
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HDFC Ergo General Insurance Manager Salary

4 - 16 years exp. (149 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 6% more
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₹11.8 L/yr - ₹21 L/yr

arrow icon 75% more
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Reliance General Insurance Manager Salary

2 - 17 years exp. (73 salaries)

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₹5 L/yr - ₹13.1 L/yr

arrow icon 13% less
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Tata AIG Manager Salary

1 - 10 years exp. (196 salaries)

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₹4 L/yr - ₹11 L/yr

arrow icon 26% less
5 job openings
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₹6.3 L/yr - ₹22.3 L/yr

arrow icon 54% more
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HDFC Life Manager Salary

1 - 16 years exp. (246 salaries)

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₹5.6 L/yr - ₹16.8 L/yr

arrow icon 2% more
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Kotak Mahindara Life Insurance Manager Salary

0 - 12 years exp. (245 salaries)

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₹2.4 L/yr - ₹8.5 L/yr

arrow icon 39% less
3 job openings
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ICICI Prudential Life Insurance Manager Salary

1 - 13 years exp. (170 salaries)

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₹4 L/yr - ₹12.2 L/yr

arrow icon 16% less
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Tata AIA Life Insurance Manager Salary

4 - 18 years exp. (166 salaries)

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₹7.2 L/yr - ₹28 L/yr

arrow icon 71% more
19 job openings
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SBI Life Insurance Company Manager Salary

3 - 20 years exp. (156 salaries)

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₹5.2 L/yr - ₹17 L/yr

arrow icon 22% more
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Aditya Birla Health Insurance Co Manager Salary

3 - 13 years exp. (121 salaries)

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₹4.7 L/yr - ₹17 L/yr

arrow icon 10% more
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Aditya Birla Sun Life Insurance Manager Salary

0 - 12 years exp. (107 salaries)

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₹4.8 L/yr - ₹18 L/yr

arrow icon 14% more
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Reliance Nippon Life Insurance Manager Salary

2 - 16 years exp. (59 salaries)

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₹3.2 L/yr - ₹11.7 L/yr

arrow icon 26% less
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₹6.3 L/yr - ₹21.5 L/yr

arrow icon 43% more
1 job opening
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Bajaj Allianz Life Insurance Manager Salary

2 - 15 years exp. (35 salaries)

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₹8.4 L/yr - ₹20 L/yr

arrow icon 40% more
1 job opening
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PNB MetLife Manager Salary

6 - 17 years exp. (33 salaries)

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₹4.5 L/yr - ₹15.5 L/yr

arrow icon 16% more
1 job opening
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Max Life Insurance Manager Salary

4 - 15 years exp. (22 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 6% less
9 job openings
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₹4.5 L/yr - ₹14.5 L/yr

arrow icon 12% less
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Care Health Insurance Manager Salary

0 - 10 years exp. (8 salaries)

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₹3.4 L/yr - ₹7 L/yr

arrow icon 45% less
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Manager salary at SBI General Insurance ranges between ₹6.5 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 45 latest salaries received from various employees of SBI General Insurance.

Latest annual salaries shared by SBI General Insurance Manager in Mumbai

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Experience wise SBI General Insurance Manager salaries in Mumbai

Last Updated: 27 Nov 2024

Experience Avg Annual Salary
1 year  (11 salaries)

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₹7.8 L/yr - ₹13 L/yr
2 years  (7 salaries)

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₹7.3 L/yr - ₹11.3 L/yr
3 years  (6 salaries)

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₹8.5 L/yr - ₹13 L/yr
4 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹10.8 L/yr
View all

Similar Designation salaries in SBI General Insurance

Deputy Manager Salary
(30 salaries)
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₹4.3 L/yr - ₹10.2 L/yr
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₹18.21 L/yr - ₹34.9 L/yr
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₹8.66 L/yr - ₹10 L/yr

Salary related reviews for SBI General Insurance

3.4

Rated by 6 employees for salary & benefits

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..

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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.

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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.

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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.

Dislikes

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

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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

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. .

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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.

read more

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 .

read more
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SBI General Insurance Manager Salary FAQs

What is the salary of Manager at SBI General Insurance Mumbai?
Manager salary at SBI General Insurance in Mumbai ranges between ₹6.5 Lakhs to ₹15.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 43% less than the average Manager Salary in India. Salary estimates are based on 45 latest salaries received from various employees of SBI General Insurance Mumbai.
How does the salary of a Manager at SBI General Insurance Mumbai compare with the average salary range for this job?
The average salary of a Manager at SBI General Insurance is 43% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than SBI General Insurance to a Manager in Mumbai?
  • Bajaj Allianz General Insurance Manager Salary - ₹11.8 Lakhs to ₹21.0 Lakhs per year
  • Tata AIA Life Insurance Manager Salary - ₹7.2 Lakhs to ₹28.0 Lakhs per year
  • Future Generali India Life Insurance Manager Salary - ₹6.3 Lakhs to ₹22.3 Lakhs per year
  • Star Union Dai-ichi Life Insurance Manager Salary - ₹6.3 Lakhs to ₹21.5 Lakhs per year
  • Bajaj Allianz Life Insurance Manager Salary - ₹8.4 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Manager in companies similar to SBI General Insurance in Mumbai?
  • Gallagher Manager Salary - ₹10.1 Lakhs to ₹14.0 Lakhs per year
  • SBI Life Insurance Company Manager Salary - ₹5.2 Lakhs to ₹17.0 Lakhs per year
  • PNB MetLife Manager Salary - ₹4.5 Lakhs to ₹15.5 Lakhs per year
  • Aviva Life Insurance India Manager Salary - ₹7.5 Lakhs to ₹14.0 Lakhs per year
  • Aditya Birla Sun Life Insurance Manager Salary - ₹4.8 Lakhs to ₹18.0 Lakhs per year
What is the estimated take home salary of a Manager at SBI General Insurance in Mumbai?
The estimated take-home salary of a Manager at SBI General Insurance ranges between ₹67,208 per month to ₹68,928 per month in Mumbai. The take-home salary calculation is based on the average SBI General Insurance Manager salary in India which ranges between ₹6.5 Lakhs to ₹15.0 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Manager at SBI General Insurance in Mumbai?
According to AmbitionBox, 87% of the SBI General Insurance Managers in Mumbai reported a notice period of 3 Months, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI General Insurance Manager salary in Mumbai ranges between ₹6.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 45 SBI General Insurance latest salaries received from various employees of SBI General Insurance.