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3.7

based on 1.7k Reviews

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SBI General Insurance Salaries in Mumbai (Updated 2025)

based on 1.4k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Claim Processing Executive

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

Corporate Communication Manager

6 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.4 L/yr - ₹10.8 L/yr

Corporate Manager

11 - 19 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr

Assistant Manager Underwriting

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr

Content Manager

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹7 L/yr - ₹8.9 L/yr

Product Manager

3 - 13 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.7 L/yr - ₹13.6 L/yr

Training Manager

10 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

Legal Executive

2 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹3.5 L/yr

AVP Finance and Accounts

17 - 18 years exp. · Mumbai (AmbitionBox Estimate)
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₹26.4 L/yr - ₹33.8 L/yr

Relationship Manager - SME

14 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.3 L/yr - ₹9.3 L/yr

Branch Development Manager

6 - 7 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.4 L/yr - ₹4.5 L/yr

Marketing Manager

1 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.8 L/yr - ₹12.5 L/yr

Fund Manager

15 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.2 L/yr

Corporate Relationship Manager

12 - 13 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr

Talent Acquisition Executive

Fresher · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Business Support Manager

4 - 18 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.6 L/yr - ₹9.7 L/yr

Company Secretary

12 - 13 years exp. · Mumbai (AmbitionBox Estimate)
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₹30.2 L/yr - ₹38.6 L/yr

L2 Support Engineer

1 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.4 L/yr

Credit Risk Manager

3 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹7 L/yr - ₹8.9 L/yr

Assistant Motor Claims Manager

8 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.2 L/yr - ₹10.4 L/yr

Last Updated: 8 Mar, 2025

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2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Salary related reviews for SBI General Insurance

3.3

Rated by 187 employees for salary & benefits

Senior Business Development Specialist in Mumbai

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

Commercial Lines Claims Executive in Mumbai

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

  • Salary - Good
    • +5 more

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.

read more

Lead - Digital Solutions, Portal & Mobility Project in Mumbai

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.

  • Work-life balance - Good

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.

read more
  • Skill development - Poor
    • +2 more

Relationship Manager in Mumbai

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

read more
  • Salary - Good
    • +6 more

Dislikes

Compensation is decent but growth is slow

State Head in Hyderabad / Secunderabad (working remotely)

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
see more salary related reviews

SBI General Insurance interview questions by designations

Business Development Manager (13)Relationship Manager (10)Management Trainee (3)Business Development Executive (3)
View all 92 interview experiences

Know more about SBI General Insurance Mumbai

More about working at SBI General Insurance

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 3.3/5 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 ₹14.44 lakhs per year. The top 1% earn more than a whopping ₹41.94 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 Lakhs per year, and for Customer Service Executive the minimum salary is ₹1.5 Lakh to ₹4.2 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 ₹1.9 Lakh to ₹2.4 Lakhs per year for Apprentice Trainee and ₹8 Lakhs to ₹12 Lakhs per year for Management Trainee.
What is the notice period at SBI General Insurance in Mumbai?
According to AmbitionBox, 54% of the SBI General Insurance employees in Mumbai reported a notice period of 3 Months, 21% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 905 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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