Aditya Birla Sun Life Insurance Territory Manager Salaries by 10+ Employees (Updated 2025)

2 - 13 years exp.

₹6 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Territory Manager Salary in Insurance Companies for 2 - 13 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 2 - 11 years exp. (6 salaries)	₹6.3 L/yr - ₹7.1 L/yr
BFSI, Investments & Trading Territory Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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Finance & Accounting Territory Manager Salary 13 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹7 L/yr
Marketing & Communication Territory Manager Salary 6 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.2 L/yr

Last Updated: 3 Apr 2025

Companies similar to Aditya Birla Sun Life Insurance for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz General Insurance Territory Manager Salary 2 - 14 years exp. (165 salaries)	₹2.6 L/yr - ₹7 L/yr 26% less
Bajaj Allianz Life Insurance Territory Manager Salary 4 - 23 years exp. (230 salaries)	₹3.7 L/yr - ₹8.5 L/yr 5% less	2 job openings
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PNB MetLife Territory Manager Salary 4 - 17 years exp. (266 salaries)	₹4.3 L/yr - ₹10.3 L/yr 10% more	6 job openings
HDFC Life Territory Manager Salary 9 - 20 years exp. (150 salaries)	₹11.3 L/yr - ₹21 L/yr 115% more
Reliance Nippon Life Insurance Territory Manager Salary 5 - 17 years exp. (100 salaries)	₹4 L/yr - ₹12 L/yr 4% more
SBI Life Insurance Company Territory Manager Salary 4 - 16 years exp. (110 salaries)	₹4 L/yr - ₹7.1 L/yr 19% less
Tata AIA Life Insurance Territory Manager Salary 5 - 10 years exp. (57 salaries)	₹5.2 L/yr - ₹10.5 L/yr 15% more
ICICI Lombard General Insurance Company Territory Manager Salary 1 - 15 years exp. (42 salaries)	₹5.6 L/yr - ₹14 L/yr 33% more
Star Health & Allied Insurance Territory Manager Salary 10 - 20 years exp. (42 salaries)	₹7.2 L/yr - ₹17 L/yr 95% more
Axis Max Life Insurance Territory Manager Salary 10 - 18 years exp. (39 salaries)	₹7.5 L/yr - ₹19 L/yr 95% more
HDFC Ergo General Insurance Territory Manager Salary 5 - 18 years exp. (18 salaries)	₹4 L/yr - ₹10 L/yr 2% more
Login to view exact salary
Shriram Life Insurance Territory Manager Salary 3 - 10 years exp. (9 salaries)	₹3 L/yr - ₹7.2 L/yr 34% less
Life Insurance Corporation of India Territory Manager Salary 7 - 15 years exp. (6 salaries)	₹4 L/yr - ₹11.5 L/yr 15% more
ICICI Prudential Life Insurance Territory Manager Salary 7 - 9 years exp. (4 salaries)	₹5.5 L/yr - ₹6.2 L/yr 15% less
MetLife Territory Manager Salary 7 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8.7 L/yr 9% more
SBI General Insurance Territory Manager Salary 16 - 20 years exp. (4 salaries)	₹5.2 L/yr - ₹9.3 L/yr 9% less

Territory Manager salary at Aditya Birla Sun Life Insurance ranges between ₹6 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 11 latest salaries received from various employees of Aditya Birla Sun Life Insurance.

Latest annual salaries shared by Aditya Birla Sun Life Insurance Territory Manager

2d ago

₹6 Lakhs

6 years exp.

1mo ago

₹7 Lakhs

13 years exp.

3mo ago

₹6.8 Lakhs

11 years exp.

3mo ago

₹7.1 Lakhs

6 years exp.

4mo ago

₹6.8 Lakhs

10 years exp.

7mo ago

5 years exp.

10mo ago

3 years exp.

10mo ago

9 years exp.

1y ago

2 years exp.

Experience wise Aditya Birla Sun Life Insurance Territory Manager salaries

Last Updated: 3 Apr 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
3 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
6 years (3 salaries)	₹6 L/yr - ₹7.1 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
8 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Aditya Birla Sun Life Insurance

Territory Sales Manager Salary

(3 salaries)

₹7 L/yr - ₹10 L/yr

Deputy Manager Salary

(195 salaries)

₹2.9 L/yr - ₹10 L/yr

Senior Territory Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Area Manager Salary

(129 salaries)

₹4.5 L/yr - ₹9.97 L/yr

Territory Business Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Area Sales Manager Salary

(80 salaries)

₹4 L/yr - ₹15.45 L/yr

Sales Manager Salary

(239 salaries)

₹2.2 L/yr - ₹10.5 L/yr

Senior Sales Manager Salary

(75 salaries)

₹2 L/yr - ₹10.7 L/yr

Relationship Manager Salary

(239 salaries)

₹1.7 L/yr - ₹5.5 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Aditya Birla Sun Life Insurance

4.5

Rated by 5 employees for salary & benefits

Assistant Sales Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 01 May 2024

1.0

for Salary and Benefits

Likes

Great work-life balance, working culture is decent, good place to learn about insurance and how to work in general. Job security is very high.

Job security - Excellent

+2 more

Dislikes

Salary is easily the worst in the entire industry. Feels more like pocket money. Management isn’t rock-solid all the way. Promotions are best left forgotten. No yearly appraisals. Overall, a very good organisation to work for as long as you don’t care about earning a decent amount.

Salary - Bad

+2 more

Sales Executive in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 09 Oct 2023

1.0

for Salary and Benefits

Likes

Only good thing for beginners is they got a good time to plan their alternative things and plan to grow themselves as the pressure is low. And no such very hard for a beginner to work with.

Job security - Excellent

Dislikes

... No work methods and systems. 4. culture is not good and system is very slow. 5. They do not pay you TA but will say to visit your branches every single day. 6. Disclaimer to everyone who are opting to join Aditya Birla group life at Kolkata or east zone. Do not go under Puspita Ghosh. Be aware of her. No 1 worst lady still exists in the world.

Salary - Bad

+4 more

Sales Executive in Kanpur Nagar

Other Department

5.0

• posted on 17 Jun 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policy are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Salary is decent but career growth is slow.

Regional Training Manager in Varanasi

Full Time

Teaching & Training Department

4.0

• posted on 26 Jun 2024

3.0

for Salary and Benefits

Likes

It's a good company to work with the overall core values of the organisation is excellent.

Dislikes

...if it illogical they will still do it cause the management has decided to do so. Salary is not that competitive and we work for 14-15 hours to close everything. Sometimes you are required to work on weekends and theblast day of the month for which u are not compensated. They do not give any compoffs of you are required to work on holidays.

Skill development - Bad

+4 more

Deputy Cluster Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Oct 2023

3.0

for Salary and Benefits

Likes

Company has good working culture, which will help you to maintain work life balance.

Job security - Good

+2 more

Dislikes

...pany doesn't have go getter attitude and not aggresive for the business at all. Salary and incentives structure is very poor. Even they don't provide exact salary what they mention at appoinment letter.

Skill development - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Aditya Birla Sun Life Insurance Territory Manager Salary FAQs

What is the salary of Territory Manager at Aditya Birla Sun Life Insurance ?

The average salary of a Territory Manager at Aditya Birla Sun Life Insurance in India typically ranges from ₹6.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Territory Manager at Aditya Birla Sun Life Insurance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Territory Manager Salaries at Aditya Birla Sun Life 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 10+ Aditya Birla Sun Life Insurance employees in India.

What is the estimated take home salary of a Territory Manager at Aditya Birla Sun Life Insurance in India?

The estimated take-home salary of a Territory Manager at Aditya Birla Sun Life Insurance in India typically ranges from ₹52,416 to ₹53,650 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 2 years to 13 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 10+ salaries received from various employees of Aditya Birla Sun Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Aditya Birla Sun Life Insurance for Territory Manager in India?

HDFC Life	₹11.3 Lakhs to ₹21.0 Lakhs per year
Axis Max Life Insurance	₹7.5 Lakhs to ₹19.0 Lakhs per year
Star Health & Allied Insurance	₹7.2 Lakhs to ₹17.0 Lakhs per year
ICICI Lombard General Insurance Company	₹5.6 Lakhs to ₹14.0 Lakhs per year
Life Insurance Corporation of India	₹4.0 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aditya Birla Sun Life Insurance, depending on the role and experience level.

What is the salary of a Territory Manager in companies similar to Aditya Birla Sun Life Insurance in India?

The salary of a Territory Manager at companies similar to Aditya Birla Sun Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance	₹5.2 Lakhs to ₹10.5 Lakhs per year
PNB MetLife	₹4.3 Lakhs to ₹10.3 Lakhs per year
MetLife	₹6.0 Lakhs to ₹8.7 Lakhs per year
Reliance Nippon Life Insurance	₹4.0 Lakhs to ₹12.0 Lakhs per year
HDFC Ergo General Insurance	₹4.0 Lakhs to ₹10.0 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 Territory Manager at Aditya Birla Sun Life Insurance in India?

The salary growth for a Territory Manager at Aditya Birla Sun Life Insurance depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at Aditya Birla Sun Life Insurance:

Experience	Average Salary Range
2 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
3 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
4 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
5 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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Aditya Birla Sun Life Insurance Territory Manager Salaries by Location

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Aditya Birla Sun Life Insurance Territory Manager Salaries

Aditya Birla Sun Life Insurance Territory Manager salary in India ranges between ₹6 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Aditya Birla Sun Life Insurance latest salaries received from various employees of Aditya Birla Sun Life Insurance.

Aditya Birla Sun Life Insurance Territory Manager salaries in India (Updated 2025)

Companies similar to Aditya Birla Sun Life Insurance for Territory Manager

Latest annual salaries shared by Aditya Birla Sun Life Insurance Territory Manager

Experience wise Aditya Birla Sun Life Insurance Territory Manager salaries

Similar Designation salaries in Aditya Birla Sun Life Insurance

Salary related reviews for Aditya Birla Sun Life Insurance

Assistant Sales Manager in Kolkata

Sales Executive in Kolkata

Sales Executive in Kanpur Nagar

Regional Training Manager in Varanasi

Deputy Cluster Manager in Kolkata

Aditya Birla Sun Life Insurance Territory Manager Salary FAQs

Tell us how to improve this page.

Aditya Birla Sun Life Insurance Territory Manager Salaries by Location