Coverfox Sales Manager Salaries by 7 Employees

3 - 10 years exp.

₹3.3 Lakhs - ₹6 Lakhs

Salary of majority employees

35% less than the average Sales Manager Salary in Insurance Companies for 3 - 10 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 3 - 10 years exp. (3 salaries)	₹3.9 L/yr - ₹5.1 L/yr
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BFSI, Investments & Trading Sales Manager Salary 9 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.9 L/yr

Last Updated: 13 Mar 2023

Companies similar to Coverfox for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (209 salaries)	₹1.9 L/yr - ₹7 L/yr 23% less	16 job openings
Tata AIA Life Insurance Sales Manager Salary 4 - 11 years exp. (189 salaries)	₹2.4 L/yr - ₹8.9 L/yr 24% more	3 job openings
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Smc Insurance Brokers Sales Manager Salary 4 - 13 years exp. (7 salaries)	₹3.4 L/yr - ₹5 L/yr 18% less
Kotak Mahindra General Insurance Sales Manager Salary 7 - 8 years exp. (7 salaries)	₹4.3 L/yr - ₹6.5 L/yr 13% more
Spectrum Insurance Distribution Sales Manager Salary 4 - 6 years exp. (7 salaries)	₹2.9 L/yr - ₹5.5 L/yr 3% less
Robinhood Insurance Broker Sales Manager Salary 2 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 7% less
Peerless Financial Products Distribution Sales Manager Salary 2 - 7 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 37% less
Marsh India Insurance Brokers Sales Manager Salary 8 - 11 years exp. (4 salaries)	₹19 L/yr - ₹26 L/yr 386% more
Europ Assistance India Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹4.6 L/yr - ₹5.5 L/yr 9% more
Alliance Insurance Brokers Sales Manager Salary 2 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹6.5 L/yr 21% more

Sales Manager salary at Coverfox ranges between ₹3.3 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Coverfox.

Experience wise Coverfox Sales Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

View all

Similar Designation salaries in Coverfox

Area Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹7.5 L/yr - ₹12.7 L/yr

Deputy Manager Salary

(5 salaries)

₹8 L/yr - ₹8.9 L/yr

Business Manager Salary

(4 salaries)

₹10 L/yr - ₹11 L/yr

Senior Sales Manager Salary

(4 salaries)

₹10.4 L/yr - ₹11.4 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Sales Executive Salary

(18 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹8 L/yr

Relationship Manager Salary

(9 salaries)

₹3.4 L/yr - ₹4.65 L/yr

Salary related reviews for Coverfox

5.0

Rated by 2 employees for salary & benefits

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 07 Mar 2024

3.0

for Salary and Benefits

Likes

For tech people, all guys leaves around 8 PM daily, for other they leave at 6PM. There are only 120 employees in this company

Company culture - Good

+1 more

Dislikes

JOB SECURITY- This company running on Losses, dependent on Investors to pay salary, 2 Months salary was not paid to all companies on Jan 2023 and Feb 2023, which still remains uppaid to this date. Forget appraisels, Appraisels are suppose to happen on april, but they conduct it on november, and that too dosnt give any hike..and they say that company is having lack of funds hence cannot give appraisals, If you are planning to join this company, negotiate to remove your variable amount and add it to your fixed, because dont expect to get variable component in this company.

Skill development - Bad

+3 more

HR MIS Executive in Chandivali

Data Science & Analytics Department

5.0

• posted on 02 Oct 2020

4.0

for Salary and Benefits

Likes

... leave coverfox supported me and helped to save my job and me time to stay safe. Company policy are Excellent they given good salary hike as usual every year coverfox team mates are very supportive and helpful.

Salary - Good

+6 more

Dislikes

Never given chance to grap.better opportunity to change my carrier.carrier growth is not high.

Team Lead Operations in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 16 Jul 2024

5.0

for Salary and Benefits

Likes

1) All the staffing are very cooperative 2) I made more friends 3) Learning has no barrier - Go and get done by your own leadership, is the culture which is very liked 4) Work life balance is great which is best in the industry

Salary - Excellent

+6 more

Dislikes

Travel to the office is in this location is not really great from my home. Auto-Mumbai Local-Metro-Auto and vise-versa for home.

Senior SEO Executive in Mumbai

Full Time

Marketing & Communication Department

5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

Coverfox Insurance Broking Pvt. Ltd. has received positive reviews from both customers and employees. Customers appreciate the case of comparing and buying insurance policies online, with an average rating of 4 out of 5 based on 64 reviews. The company is also recognized for its diverse and inclusive environment and strong senior management.

Salary - Excellent

+6 more

Chief Staff in Mumbai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 23 Jul 2024

5.0

for Salary and Benefits

Likes

That the scope of growth, exposure, learning & culture is great. They treat everyone with a lot of respect. I get a lot of freedom to work the way I want to.

Salary - Excellent

+6 more

Dislikes

Sometimes the variety of work might be too much

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Coverfox Sales Manager Salary FAQs

What is the salary of Sales Manager at Coverfox ?

The average salary of a Sales Manager at Coverfox in India typically ranges from ₹3.3 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Sales Manager at Coverfox earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Sales Manager Salaries at Coverfox 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 7 Coverfox employees in India.

What is the estimated take home salary of a Sales Manager at Coverfox in India?

The estimated take-home salary of a Sales Manager at Coverfox in India typically ranges from ₹34,497 to ₹35,744 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 10 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 7 salaries received from various employees of Coverfox. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Coverfox for Sales Manager in India?

Marsh India Insurance Brokers	₹19.0 Lakhs to ₹26.0 Lakhs per year
Tata AIA Life Insurance	₹2.4 Lakhs to ₹8.9 Lakhs per year
Alliance Insurance Brokers	₹2.9 Lakhs to ₹6.5 Lakhs per year
Kotak Mahindra General Insurance	₹4.3 Lakhs to ₹6.5 Lakhs per year
Europ Assistance India	₹4.6 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Sales Manager in companies similar to Coverfox in India?

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

Spectrum Insurance Distribution	₹2.9 Lakhs to ₹5.5 Lakhs per year
Robinhood Insurance Broker	₹4.0 Lakhs to ₹4.5 Lakhs per year
Smc Insurance Brokers	₹3.4 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance	₹1.9 Lakhs to ₹7.0 Lakhs per year
Peerless Financial Products Distribution	₹2.6 Lakhs to ₹3.3 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 Sales Manager at Coverfox in India?

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

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
5 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
6 years	₹4.2 Lakhs to ₹5.3 Lakhs per year

and so on.

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Coverfox Sales Manager Salaries

Coverfox Sales Manager salary in India ranges between ₹3.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Coverfox latest salaries received from various employees of Coverfox.

Coverfox Sales Manager salaries in India

Companies similar to Coverfox for Sales Manager

Latest annual salaries shared by Coverfox Sales Manager

Experience wise Coverfox Sales Manager salaries

Similar Designation salaries in Coverfox

Salary related reviews for Coverfox

Senior Manager in Mumbai

HR MIS Executive in Chandivali

Team Lead Operations in Mumbai

Senior SEO Executive in Mumbai

Chief Staff in Mumbai

Coverfox Sales Manager Salary FAQs

Tell us how to improve this page.

Coverfox Sales Manager Salaries by Location