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

2 - 16 years exp.

₹3.8 Lakhs - ₹6.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

59% 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 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
Tata AIA Life Insurance Operations Manager Salary 10 - 17 years exp. (13 salaries)	₹10.1 L/yr - ₹15.6 L/yr 161% more
SBI Life Insurance Company Operations Manager Salary 8 - 17 years exp. (9 salaries)	₹7.3 L/yr - ₹10 L/yr 81% more
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HDFC Life Operations Manager Salary 1 - 17 years exp. (9 salaries)	₹1.5 L/yr - ₹10 L/yr 24% more
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 10 years exp. (7 salaries)	₹3.1 L/yr - ₹7.2 L/yr 18% more
ICICI Prudential Life Insurance Operations Manager Salary 3 - 5 years exp. (6 salaries)	₹3.7 L/yr - ₹6.2 L/yr 12% more
Aditya Birla Health Insurance Co Operations Manager Salary 8 - 14 years exp. (4 salaries)	₹3.8 L/yr - ₹9.8 L/yr 50% more
Bajaj Allianz Life Insurance Operations Manager Salary 4 - 16 years exp. (3 salaries)	₹5 L/yr - ₹13.5 L/yr 108% more
PNB MetLife Operations Manager Salary 8 - 11 years exp. (3 salaries)	₹7.7 L/yr - ₹11.2 L/yr 80% 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: 19 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
12 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
14 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
15+ years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

View all

Similar Designation salaries in SBI General Insurance

Operations Executive Salary

(34 salaries)

₹1.8 L/yr - ₹5 L/yr

Deputy Manager Salary

(28 salaries)

₹4.3 L/yr - ₹10.56 L/yr

Relationship Manager Salary

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₹3 L/yr - ₹6.3 L/yr

Project Manager Salary

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₹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.

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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What people are saying about SBI General Insurance

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miraculouslemon

works at

SBI General Insurance

Rejection profile by HR At shortlisted company.

Hii, I want to change the industry from BFSI to oil and and automobile. But Hr is not shortlisting me and if HR shortlist me than o don’t get shortlisted by concerned manager. even I have knowledge and work experience in particular industry. How can I crack this now.

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SBI General Insurance Operations Manager Salary FAQs

How the salary growth look like for a Operations Manager at SBI General Insurance in Mumbai?

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

Experience	Average Salary Range
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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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.