SBI General Insurance Operations Manager Salaries by 5 Employees (Updated 2025)

2 - 16 years exp.

₹3.8 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

61% less than the average Operations Manager Salary in Insurance Companies for 2 - 16 years of experience

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Last Updated: 19 Mar 2025

Companies similar to SBI General Insurance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Operations Manager Salary 1 - 16 years exp. (49 salaries)	₹2.2 L/yr - ₹11 L/yr 41% more
SBI Life Insurance Company Operations Manager Salary 6 - 18 years exp. (44 salaries)	₹3.6 L/yr - ₹13 L/yr 89% more
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ICICI Prudential Life Insurance Operations Manager Salary 1 - 15 years exp. (43 salaries)	₹1.5 L/yr - ₹7.5 L/yr At par
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (40 salaries)	₹2.7 L/yr - ₹9 L/yr 13% more
HDFC Life Operations Manager Salary 1 - 17 years exp. (38 salaries)	₹1.5 L/yr - ₹10.4 L/yr 33% more
MetLife Operations Manager Salary 7 - 19 years exp. (22 salaries)	₹16.6 L/yr - ₹30.4 L/yr 429% more
Tata AIA Life Insurance Operations Manager Salary 0 - 18 years exp. (21 salaries)	₹6.5 L/yr - ₹15.6 L/yr 173% more
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 19 years exp. (17 salaries)	₹3.5 L/yr - ₹15 L/yr 96% more
Cholamandalam MS General Insurance Operations Manager Salary 0 - 5 years exp. (14 salaries)	₹1 L/yr - ₹9 L/yr 3% less
Aditya Birla Health Insurance Co Operations Manager Salary 2 - 14 years exp. (13 salaries)	₹3.4 L/yr - ₹10.6 L/yr 43% more
Principal Global Services Operations Manager Salary 10 - 17 years exp. (11 salaries)	₹15 L/yr - ₹27 L/yr 399% more
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Reliance Nippon Life Insurance Operations Manager Salary 5 - 16 years exp. (10 salaries)	₹2.9 L/yr - ₹3.9 L/yr 9% less
PNB MetLife Operations Manager Salary 8 - 17 years exp. (9 salaries)	₹5.5 L/yr - ₹11.2 L/yr 54% more
Shriram Life Insurance Operations Manager Salary 3 - 10 years exp. (6 salaries)	₹2.6 L/yr - ₹10.1 L/yr 29% more
Aviva Life Insurance India Operations Manager Salary 8 - 13 years exp. (5 salaries)	₹5 L/yr - ₹9.5 L/yr 105% more
Magma HDI General Insurance Operations Manager Salary 10 - 18 years exp. (5 salaries)	₹8.3 L/yr - ₹11.1 L/yr 123% more
Aditya Birla Sun Life Insurance Operations Manager Salary 12 - 17 years exp. (5 salaries)	₹3.4 L/yr - ₹7.3 L/yr 11% more
Gallagher Operations Manager Salary 16 - 19 years exp. (4 salaries)	₹15.9 L/yr - ₹21.3 L/yr 335% more
Royal Sundaram General Insurance Operations Manager Salary 5 - 13 years exp. (4 salaries)	₹1.9 L/yr - ₹5 L/yr 15% less
Allianz Operations Manager Salary 9 - 15 years exp. (4 salaries)	₹8 L/yr - ₹23 L/yr 213% 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: 19 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
11 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.5 L/yr
14 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
15+ years (AmbitionBox Estimate)	₹2 L/yr - ₹6.3 L/yr

View all

Similar Designation salaries in SBI General Insurance

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(203 salaries)

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Department Manager Salary

(3 salaries)

₹8 L/yr - ₹13 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Team Manager Salary

(7 salaries)

₹3.15 L/yr - ₹11.6 L/yr

Store Manager Salary

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₹6.7 L/yr - ₹26 L/yr

Branch Manager Salary

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Area Manager Salary

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₹8.98 L/yr - ₹15.2 L/yr

Deputy Manager Salary

(158 salaries)

₹3.7 L/yr - ₹9.68 L/yr

Project Manager Salary

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Operations Executive Salary

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₹1.8 L/yr - ₹5 L/yr

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.

Job security - Good

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 .

Salary - Poor

+4 more

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.

Job security - Good

+1 more

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.

Skill development - Bad

+2 more

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

Salary - Good

+6 more

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 .

Salary - Good

+5 more

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.

Skill development - Good

+5 more

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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SBI General Insurance Operations Manager Salary FAQs

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

The average salary of a Operations Manager at SBI General Insurance in India typically ranges from ₹3.8 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Operations Manager at SBI General Insurance earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. Operations Manager 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 5 SBI General Insurance employees in India.

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 in India typically ranges from ₹31,864 to ₹33,151 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 2 years to 16 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 5 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 Operations Manager in India?

Chubb	₹16.7 Lakhs to ₹27.3 Lakhs per year
MetLife	₹16.6 Lakhs to ₹30.4 Lakhs per year
Principal Global Services	₹15.0 Lakhs to ₹27.0 Lakhs per year
Gallagher	₹15.9 Lakhs to ₹21.3 Lakhs per year
AIG	₹15.0 Lakhs to ₹16.0 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 Operations Manager in companies similar to SBI General Insurance in India?

The salary of a Operations Manager at companies similar to SBI General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Allianz	₹8.0 Lakhs to ₹23.0 Lakhs per year
Tata AIA Life Insurance	₹6.5 Lakhs to ₹15.6 Lakhs per year
Magma HDI General Insurance	₹8.3 Lakhs to ₹11.1 Lakhs per year
Aviva Life Insurance India	₹5.0 Lakhs to ₹9.5 Lakhs per year
Bajaj Allianz Life Insurance	₹3.5 Lakhs to ₹15.0 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 Operations Manager at SBI General Insurance in India?

The salary growth for a Operations Manager at SBI General Insurance depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at SBI General Insurance:

Experience	Average Salary Range
2 years	₹1.4 Lakhs to ₹3.8 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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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.