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3.7

based on 1.5k Reviews

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SBI General Insurance Salaries in Mumbai

based on 1.4k latest salaries
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BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
5 - 11 years exp. · Mumbai (3 salaries)
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₹4.5 L/yr - ₹6 L/yr

5 - 10 years exp. · Mumbai (3 salaries)
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₹3.3 L/yr - ₹5.5 L/yr

3 - 13 years exp. · Mumbai (3 salaries)
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₹8.6 L/yr - ₹9.6 L/yr

19 - 23 years exp. · Mumbai (3 salaries)
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₹35 L/yr - ₹60 L/yr

8 - 13 years exp. · Mumbai (3 salaries)
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₹17.8 L/yr - ₹22.8 L/yr

5 - 8 years exp. · Mumbai (3 salaries)
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₹8.4 L/yr - ₹9 L/yr

5 - 8 years exp. · Mumbai (3 salaries)
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₹8 L/yr - ₹8.5 L/yr

14 - 16 years exp. · Mumbai (3 salaries)
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₹30 L/yr - ₹32.7 L/yr

4 - 6 years exp. · Mumbai (3 salaries)
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₹13.8 L/yr - ₹15 L/yr

19 - 21 years exp. · Mumbai (3 salaries)
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₹35 L/yr - ₹41 L/yr

3 - 5 years exp. · Mumbai (3 salaries)
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₹2.5 L/yr - ₹3 L/yr

5 - 6 years exp. · Mumbai (3 salaries)
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₹13.5 L/yr - ₹17.2 L/yr

2 - 4 years exp. · Mumbai (3 salaries)
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₹3.4 L/yr - ₹3.8 L/yr

2 - 16 years exp. · Mumbai (3 salaries)
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₹3.8 L/yr - ₹6.3 L/yr

5 - 14 years exp. · Mumbai (3 salaries)
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₹4.6 L/yr - ₹11 L/yr

7 - 8 years exp. · Mumbai (3 salaries)
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₹4 L/yr - ₹5.5 L/yr

0 - 1 year exp. · Mumbai (3 salaries)
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₹6 L/yr - ₹8.8 L/yr

4 - 11 years exp. · Mumbai (3 salaries)
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₹6 L/yr - ₹18.2 L/yr

2 - 7 years exp. · Mumbai (3 salaries)
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₹2.1 L/yr - ₹4.1 L/yr

9 - 13 years exp. · Mumbai (3 salaries)
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₹5.4 L/yr - ₹11 L/yr

Last Updated: 20 Dec, 2024

Salary related reviews for SBI General Insurance

3.4

Rated by 175 employees for salary & benefits

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

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 20 Jul 2024

4.0
 for  Salary and Benefits

Likes

Company culture,work satisfaction and other benefits are good

Dislikes

Company is HR are always give low salary at the time of joining but they always try to give low pay does not look at condidates skills experience They are ready to hire management trainee give them highest salary without experience and also ready to give 6 month's training. But who are working here from 5-6 years this employees are getting peanuts.

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Full Time

 · 

Project & Program Management Department

3.0
  •  posted on 23 May 2023

3.0
 for  Salary and Benefits

Likes

Good work life balance until new management took over.

Dislikes

Top management gets deputed from SBI Bank, they always compare their compensation with employees. They started firing culture and fired lots of employees. So, no job security, no one talks about learning about new things. In Covid we were asked to come to office because Bank employees were coming to branch. Extremely strict on timings.

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Sales and distribution Department

5.0
  •  posted on 29 Sep 2019

4.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that market reliable, high quality product and has a global client base

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Dislikes

Compensation is decent but growth is slow

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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SBI General Insurance Salary FAQs

How much does SBI General Insurance pay per year?
The average SBI General Insurance salary ranges from approximately ₹0.9 Lakh to ₹1.2 Lakh per year for a Office Clerk and ₹35 Lakhs to ₹60 Lakhs per year for a National Sales Manager. Salary estimates are based on 1.4k SBI General Insurance salaries received from various employees of SBI General Insurance. SBI General Insurance employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in SBI General Insurance?
The highest-paying job at SBI General Insurance is a National Sales Manager with a salary of ₹35 Lakhs to ₹60 Lakhs per year. The top 10% of employees earn more than ₹14.04 lakhs per year. The top 1% earn more than a whopping ₹40.17 lakhs per year.
What is the minimum salary in SBI General Insurance?
Minimum salary at SBI General Insurance depends on the role you are applying for. For Operations Executive the minimum salary is ₹1.8 Lakh to ₹5.3 Lakhs per year, and for Customer Service Executive the minimum salary is ₹1.8 Lakh to ₹4.3 Lakhs per year and so on.
What is the salary package for freshers in SBI General Insurance?
The average salary at SBI General Insurance for freshers varies from ₹2 Lakhs to ₹2.8 Lakhs per year for HR Assistant and ₹8 Lakhs to ₹11 Lakhs per year for Management Trainee.
What is the notice period at SBI General Insurance in Mumbai?
According to AmbitionBox, 52% of the SBI General Insurance employees in Mumbai reported a notice period of 3 Months, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 935 responses on AmbitionBox in last 2 years.

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Average annual salary in SBI General Insurance , Mumbai is INRunlock blur . Salary estimates are based on 1.4k SBI General Insurance latest salaries received from various employees of SBI General Insurance.

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