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Aditya Birla Insurance Brokers Territory Manager salaries in India

Annual salary range
6 - 14 years exp.
₹5 Lakhs - ₹8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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12% less than the average Territory Manager Salary in Insurance Companies for 6 - 14 years of experience

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Salaries in different departments

Sales & Business Development
Territory Manager Salary
8 - 14 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

BFSI, Investments & Trading
Territory Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹7.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to Aditya Birla Insurance Brokers for Territory Manager

Company name Avg Annual Salary Open Jobs
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₹3.7 L/yr - ₹9.1 L/yr

arrow icon 2% less
2 job openings
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HDFC Life Territory Manager Salary

9 - 20 years exp. (150 salaries)

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₹11.3 L/yr - ₹21 L/yr

arrow icon 123% more
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₹5.6 L/yr - ₹14 L/yr

arrow icon 38% more
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₹4 L/yr - ₹10 L/yr

arrow icon 6% more
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Europ Assistance India Territory Manager Salary

0 - 11 years exp. (14 salaries)

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₹3.6 L/yr - ₹5.2 L/yr

arrow icon 32% less
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₹5.5 L/yr - ₹6.2 L/yr

arrow icon 12% less
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Easypolicy.com Territory Manager Salary

14 - 16 years exp. (4 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 12% more
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Allianz Partners Territory Manager Salary

4 - 6 years exp. (3 salaries)

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₹4 L/yr - ₹4.1 L/yr

arrow icon 39% less
Territory Manager salary at Aditya Birla Insurance Brokers ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Aditya Birla Insurance Brokers.

Latest annual salaries shared by Aditya Birla Insurance Brokers Territory Manager

1y ago
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8 years exp.
1y ago
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14 years exp.
1y ago
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12 years exp.

Experience wise Aditya Birla Insurance Brokers Territory Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹9.3 L/yr
7 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
View all

Similar Designation salaries in Aditya Birla Insurance Brokers

Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr
Deputy Manager Salary
(26 salaries)
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₹4.7 L/yr - ₹9.5 L/yr
Area Manager Salary
(11 salaries)
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₹4.5 L/yr - ₹6.3 L/yr
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₹3 L/yr - ₹12.7 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
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₹2.16 L/yr - ₹5.1 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
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₹2.85 L/yr - ₹5.5 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Aditya Birla Insurance Brokers

4.3

Rated by 3 employees for salary & benefits

Finance & Accounting Department

1.0
  •  posted on 11 Dec 2021

1.0
 for  Salary and Benefits

Likes

The company values learning and development of an employee. There are lot of e-learning courses that are available. They have a flexible work timing and work from home.

read more
  • Skill development - Good

Dislikes

...ey resign or continue to put up with narcissistic attitude of reporting manager. The salary,compensation benefit is also not good. Rich become richer, poor become poorer. Incentive is not paid performance wise but according to wish and will of senior management. Working for stretched hours, holidays, weekend is a regular thing.

read more
  • Salary - Bad
  • +5 more

BFSI, Investments & Trading Department

5.0
  •  posted on 09 May 2021

2.0
 for  Salary and Benefits

Likes

It's a good work environment and culture. The management is very transparent. Employee benefits needs to improve interms of coverage to family members. Annual appraisals are fair and only a decent hike, but a good amount of Annual Bonus is paid every year.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is very low and growth opportunity is very slow considering this is an Broking firm and not an insurance company.

read more
  • Salary - Poor

BFSI, Investments & Trading Department

1.0
  •  posted on 09 Aug 2019

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...e is extremely unfavourable. Managers/company do not value an individual talent. Only managers "pet" are highlighted and given good compensation. Too much of office politics from top to bottom. Suffocating environment. Team mates are worst and only wait for an opportunity to pull you down for show you in bad light. NO growth for honest and talented individual.

read more
  • Salary - Bad
  • +6 more

Customer Success, Service & Operations Department

5.0
  •  posted on 12 Oct 2018

4.0
 for  Salary and Benefits

Likes

Everything I loved about Aditya Birla, right from the manager to the teammates to the environment to the culture.. I miss working with ABIBL !!

read more
  • Salary - Good
  • +6 more

Dislikes

Probably a few things like salary and learning was not that much

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 10 Apr 2022

5.0
 for  Salary and Benefits

Likes

No micro management by seniors, faith and trust of seniors in the ability of their respective teams, freedom to express opinion and share feedback

read more
  • Salary - Excellent
  • +6 more

Dislikes

At times it is difficult to identify and approach seniors for career growth, sometimes blunt and frank response may get you in to trouble, no clear direction of seniors for one's personal growth

read more
see more salary related reviews

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Aditya Birla Insurance Brokers Territory Manager Salary FAQs

What is the salary of Territory Manager at Aditya Birla Insurance Brokers ?
The average salary of a Territory Manager at Aditya Birla Insurance Brokers in India typically ranges from ₹5.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 6 years to 14 years).

The top 10% of Territory Manager at Aditya Birla Insurance Brokers earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Territory Manager Salaries at Aditya Birla Insurance Brokers 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 4 Aditya Birla Insurance Brokers employees in India.
What is the estimated take home salary of a Territory Manager at Aditya Birla Insurance Brokers in India?
The estimated take-home salary of a Territory Manager at Aditya Birla Insurance Brokers in India typically ranges from ₹50,407 to ₹51,597 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 6 years to 14 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 4 salaries received from various employees of Aditya Birla Insurance Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Aditya Birla Insurance Brokers for Territory Manager in India?
HDFC Life ₹11.3 Lakhs to ₹21.0 Lakhs per year
ICICI Lombard General Insurance Company ₹5.6 Lakhs to ₹14.0 Lakhs per year
Easypolicy.com ₹6.0 Lakhs to ₹12.0 Lakhs per year
HDFC Ergo General Insurance ₹4.0 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aditya Birla Insurance Brokers, depending on the role and experience level.
What is the salary of a Territory Manager in companies similar to Aditya Birla Insurance Brokers in India?
The salary of a Territory Manager at companies similar to Aditya Birla Insurance Brokers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹3.7 Lakhs to ₹9.1 Lakhs per year
ICICI Prudential Life Insurance ₹5.5 Lakhs to ₹6.2 Lakhs per year
Europ Assistance India ₹3.6 Lakhs to ₹5.2 Lakhs per year
Allianz Partners ₹4.0 Lakhs to ₹4.1 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 Territory Manager at Aditya Birla Insurance Brokers in India?
The salary growth for a Territory Manager at Aditya Birla Insurance Brokers depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Aditya Birla Insurance Brokers:

Experience Average Salary Range
6 years ₹5.0 Lakhs to ₹9.3 Lakhs per year
7 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
8 years ₹2.4 Lakhs to ₹6.3 Lakhs per year
9 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
and so on.

Tell us how to improve this page.

Aditya Birla Insurance Brokers Territory Manager salary in India ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Aditya Birla Insurance Brokers latest salaries received from various employees of Aditya Birla Insurance Brokers.