SBI General Insurance Mumbai Operations Manager Salaries by 3 Employees (Updated 2025)

2 - 16 years exp.

₹3.8 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

56% 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 in Mumbai

SBI General Insurance Operations Manager Salary

2 - 16 years exp. (3 salaries)

₹3.8 L/yr - ₹6.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Operations Manager Salary 2 - 11 years exp. (162 salaries)	₹1.5 L/yr - ₹7.4 L/yr 19% less
HDFC Ergo General Insurance Operations Manager Salary 8 - 13 years exp. (4 salaries)	₹2.3 L/yr - ₹7.8 L/yr 30% more
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Reliance General Insurance Operations Manager Salary 4 - 16 years exp. (19 salaries)	₹4 L/yr - ₹9 L/yr 26% more
Tata AIG Operations Manager Salary 5 - 12 years exp. (9 salaries)	₹3.3 L/yr - ₹6 L/yr 4% more
Tata AIA Life Insurance Operations Manager Salary 10 - 17 years exp. (13 salaries)	₹10.1 L/yr - ₹15.5 L/yr 152% more
SBI Life Insurance Company Operations Manager Salary 8 - 17 years exp. (9 salaries)	₹7.3 L/yr - ₹10 L/yr 70% more
ICICI Prudential Life Insurance Operations Manager Salary 2 - 7 years exp. (8 salaries)	₹3.7 L/yr - ₹9 L/yr 14% less
HDFC Life Operations Manager Salary 1 - 15 years exp. (8 salaries)	₹1.5 L/yr - ₹10 L/yr 22% more
Care Health Insurance Operations Manager Salary 2 - 7 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 36% less
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 10 years exp. (5 salaries)	₹3.1 L/yr - ₹5 L/yr 2% less
Aditya Birla Health Insurance Co Operations Manager Salary 8 - 14 years exp. (4 salaries)	₹3.8 L/yr - ₹9.8 L/yr 41% more
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Bajaj Allianz Life Insurance Operations Manager Salary 4 - 16 years exp. (3 salaries)	₹5 L/yr - ₹13.5 L/yr 96% more
PNB MetLife Operations Manager Salary 8 - 11 years exp. (3 salaries)	₹6.5 L/yr - ₹11.2 L/yr 46% more

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 3 latest salaries received from various employees of SBI General Insurance.

Experience wise SBI General Insurance Operations Manager salaries in Mumbai

Last Updated: 9 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.1 L/yr
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.3 L/yr
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4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
14 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
15+ years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.3 L/yr

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Similar Designation salaries in SBI General Insurance

Operations Executive Salary

(33 salaries)

₹1.8 L/yr - ₹5 L/yr

Deputy Manager Salary

(25 salaries)

₹4.3 L/yr - ₹9.5 L/yr

Relationship Manager Salary

(17 salaries)

₹3 L/yr - ₹6.3 L/yr

Project Manager Salary

(13 salaries)

₹8 L/yr - ₹20.5 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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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SBI General Insurance Operations Manager Salary FAQs

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

According to AmbitionBox, 50% of the SBI General Insurance Operations Managers in Mumbai reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SBI General Insurance Operations Manager Salaries in Mumbai

SBI General Insurance Operations Manager salary in Mumbai ranges between ₹3.8 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI General Insurance latest salaries received from various employees of SBI General Insurance.