SBI General Insurance Operations Manager Salaries by 5 Employees (Updated 2024)

2 - 16 years exp.

₹3.8 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

57% less than the average Operations Manager Salary in Insurance Companies for 2 - 16 years of experience

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Last Updated: 9 Dec 2024

Companies similar to SBI General Insurance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Operations Manager Salary 2 - 11 years exp. (270 salaries)	₹1.5 L/yr - ₹9 L/yr 11% less
HDFC Ergo General Insurance Operations Manager Salary 4 - 14 years exp. (25 salaries)	₹2.3 L/yr - ₹9.6 L/yr 19% more
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Bajaj Allianz General Insurance Operations Manager Salary 2 - 16 years exp. (11 salaries)	₹1.5 L/yr - ₹5.8 L/yr 9% more
Reliance General Insurance Operations Manager Salary 3 - 16 years exp. (47 salaries)	₹3.2 L/yr - ₹9 L/yr 5% more
Tata AIG Operations Manager Salary 3 - 15 years exp. (34 salaries)	₹3.3 L/yr - ₹8.6 L/yr 18% more
Future Generali India Life Insurance Operations Manager Salary 5 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹12.5 L/yr 54% more
Care Health Insurance Operations Manager Salary 1 - 7 years exp. (112 salaries)	₹1.5 L/yr - ₹6.8 L/yr 31% less
Max Life Insurance Operations Manager Salary 1 - 16 years exp. (55 salaries)	₹2.5 L/yr - ₹11.3 L/yr 40% more
SBI Life Insurance Company Operations Manager Salary 6 - 17 years exp. (46 salaries)	₹3.6 L/yr - ₹13 L/yr 69% more
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (40 salaries)	₹2.7 L/yr - ₹9 L/yr 9% more
ICICI Prudential Life Insurance Operations Manager Salary 2 - 12 years exp. (39 salaries)	₹2.2 L/yr - ₹9 L/yr 1% more
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HDFC Life Operations Manager Salary 1 - 15 years exp. (39 salaries)	₹1.5 L/yr - ₹10 L/yr 9% more
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (26 salaries)	₹5.3 L/yr - ₹15.5 L/yr 141% more
MetLife Operations Manager Salary 7 - 19 years exp. (24 salaries)	₹16 L/yr - ₹30 L/yr 354% more
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹11.9 L/yr 71% more
Aditya Birla Health Insurance Co Operations Manager Salary 2 - 9 years exp. (15 salaries)	₹3.4 L/yr - ₹9.1 L/yr 4% more
Cholamandalam MS General Insurance Operations Manager Salary 0 - 5 years exp. (14 salaries)	₹1 L/yr - ₹9 L/yr 12% less
Principal Global Services Operations Manager Salary 10 - 18 years exp. (12 salaries)	₹13 L/yr - ₹24 L/yr 293% more
Reliance Nippon Life Insurance Operations Manager Salary 5 - 12 years exp. (9 salaries)	₹2.9 L/yr - ₹4.1 L/yr 15% less
PNB MetLife Operations Manager Salary 8 - 17 years exp. (9 salaries)	₹5.5 L/yr - ₹11.2 L/yr 39% more

View all

Operations Manager salary at SBI General Insurance ranges between ₹3.8 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Operations Manager salaries

Last Updated: 9 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹6.8 L/yr
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.1 L/yr
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4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.6 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.4 L/yr
14 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
15+ years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.3 L/yr

View all

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Salary related reviews for SBI General Insurance

2.0

Rated by 1 employees for salary & benefits

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.

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

Relationship Manager in Gulbarga

Customer Success, Service & Operations Department

5.0

• posted on 16 Mar 2022

4.0

for Salary and Benefits

Likes

It my pleasure to work with Reputed company like SBIG, As we grow old here we learn soo many things about banking as,it's very friendly atmosphere to work there .

Dislikes

Here we see lot of ups and downs and unhappy with Salary hike ,and Soo much off technical issues ....and when things start going gud tat time only company doo one or other changes..... that will impact soo much

Business Development Manager in Yavatmal

BFSI, Investments & Trading Department

5.0

• posted on 16 Jun 2021

3.0

for Salary and Benefits

Likes

... helped me for booking businesses and other time, the management is transparent. Appraisal are also fair, but some places I demotivate due to my salary and expenses incentives. Appraisals are fair by management.

Dislikes

Salary is soon poor related to job, it means working time is alot but salary is low. How can I submit my expenses from joining date to till today I am unable to submit my expenses and not sure it will approve or not. Incentives are made on the basis of budgets, my salary is very low I can not manage my family expenses from my salary what should I do. But I like this job because I am with a brand SBI General Insurance and happy with my work.

see more salary related reviews

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI General Insurance Operations Manager Salary FAQs

What is the salary of Operations Manager at SBI General Insurance?

Operations Manager salary at SBI General Insurance in India ranges between ₹3.8 Lakhs to ₹6.3 Lakhs for experience between 2 years to 16 years. According to our estimates it is 57% less than the average Operations Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI General Insurance India.

How does the salary of a Operations Manager at SBI General Insurance India compare with the average salary range for this job?

The average salary of a Operations Manager at SBI General Insurance is 57% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI General Insurance to a Operations Manager in India?

MetLife Operations Manager Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
Principal Global Services Operations Manager Salary - ₹13.0 Lakhs to ₹24.0 Lakhs per year
Gallagher Operations Manager Salary - ₹15.9 Lakhs to ₹21.3 Lakhs per year
Tata AIA Life Insurance Operations Manager Salary - ₹5.3 Lakhs to ₹15.5 Lakhs per year
Aviva Life Insurance India Operations Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Operations Manager in companies similar to SBI General Insurance in India?

Bajaj Allianz Life Insurance Operations Manager Salary - ₹3.5 Lakhs to ₹11.9 Lakhs per year
SBI Life Insurance Company Operations Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
Future Generali India Life Insurance Operations Manager Salary - ₹3.2 Lakhs to ₹12.5 Lakhs per year
Max Life Insurance Operations Manager Salary - ₹2.5 Lakhs to ₹11.3 Lakhs per year
PNB MetLife Operations Manager Salary - ₹5.5 Lakhs to ₹11.2 Lakhs per year

What is the estimated take home salary of a Operations Manager at SBI General Insurance in India?

The estimated take-home salary of a Operations Manager at SBI General Insurance ranges between ₹35,155 per month to ₹36,392 per month in India. The take-home salary calculation is based on the average SBI General Insurance Operations Manager salary in India which ranges between ₹3.8 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 43% of the SBI General Insurance Operations Managers reported a notice period of 2 Months, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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SBI General Insurance Operations Manager Salaries

SBI General Insurance Operations Manager salary in India ranges between ₹3.8 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI General Insurance latest salaries received from various employees of SBI General Insurance.