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Pramerica Life Insurance Agent salaries in India

Annual salary range
0 - 2 years exp.
₹1.2 Lakh - ₹3.2 Lakhs
Salary of majority employees
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5% less than the average Agent Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agent Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Engineering - Software & QA
Agent Salary
Fresher (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.5 L/yr

Strategic & Top Management
Agent Salary
2 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 12 Mar 2023

Companies similar to Pramerica Life Insurance for Agent

Company name Avg Annual Salary Open Jobs
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Magma HDI General Insurance Agent Salary

1 - 6 years exp. (4 salaries)

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₹3.4 L/yr - ₹5.8 L/yr

arrow icon 71% more
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₹3.1 L/yr - ₹4 L/yr

arrow icon 45% more
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Cholamandalam MS General Insurance Agent Salary

10 - 13 years exp. (4 salaries)

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₹2 L/yr - ₹2.6 L/yr

arrow icon 10% less
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₹2 L/yr - ₹2.8 L/yr

arrow icon 1% less
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Allianz Partners Agent Salary

1 - 5 years exp. (3 salaries)

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₹2.8 L/yr - ₹3.7 L/yr

arrow icon 30% more
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Bharti AXA Life Insurance Agent Salary

1 - 3 years exp. (3 salaries)

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₹1.5 L/yr - ₹2.6 L/yr

arrow icon 8% less
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Shriram General Insurance Agent Salary

2 - 28 years exp. (3 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 59% more
Agent salary at Pramerica Life Insurance ranges between ₹1.2 Lakh to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Pramerica Life Insurance.

Latest annual salaries shared by Pramerica Life Insurance Agent

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1 year exp.
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2 years exp.
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1 year exp.

Experience wise Pramerica Life Insurance Agent salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr

Similar Designation salaries in Pramerica Life Insurance

Team Lead Salary
(3 salaries)
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₹4 L/yr - ₹20 L/yr
Quality Analyst Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹2.05 L/yr - ₹4 L/yr
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₹4.23 L/yr - ₹6 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹0.4 L/yr - ₹2.1 L/yr
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₹1.2 L/yr - ₹3.66 L/yr
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₹2.7 L/yr - ₹6 L/yr
Technical Support Engineer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹2.65 L/yr - ₹3 L/yr

Salary related reviews for Pramerica Life Insurance

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 31 May 2024

1.0
 for  Salary and Benefits

Likes

Work timings and on time salary

Dislikes

Worst company I have ever worked. No professional management. No response from the HR management. The branch manager of vizag branch very worst. If anythings doesnot goes according to him he simply keeps unpaid to the whole month employees attendance which will lead to loss of pay. If we complaint to HR level then also they won't take any action. The BM even asks money from the customers for settling death claims. He does not know how to talk with the employees. He does not have any BM qualities and qualifications.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Nov 2023

2.0
 for  Salary and Benefits

Likes

Nothing.

Dislikes

In my vertical it isn't a right place to work with. This is the fake institutional business channel, more over you had to source your own business and also don't rely on the support of the corporate agent(Broking Partner). Please think twice before joining in the IB Vertical.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 13 Apr 2018

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology

  • Salary - Excellent
  • +3 more

Dislikes

Compensation is decent but growth is very slow. The work pressure is very high . I have to work 13 - 14 hours straight in a day as I have to attend customer call in the evening and some time late night received con call

read more

BFSI, Investments & Trading Department

1.0
  •  posted on 28 Apr 2021

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...g terms unnecessary pressure and demean you in all forms and then kick you out. Dont be fooled by the first impression or salary or the office, tea coffe making machine All are just to hide their real dark faces behind. YOU WILL WORK ROUND THE CLOCK, NO WORK LIFE BALANCE. This is a cousin of Byjus in short. They will ruin your RESUME, YOUR IDENTITY, CONFIDENCE IN LIFE, YOUR PHYSICAL - MENTAL HEALTH. DON'T JOIN THIS SCAM.

read more
  • Salary - Bad
  • +6 more

Other Department

4.0
  •  posted on 17 Sep 2020

3.0
 for  Salary and Benefits

Likes

Good working environment and culture. Teammates are supportive.company policies are good but appraisal is unfair and they are given less salary hike then i deserve.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

I would like to tell the company to give salary to all the employees according to their designation as their goalsheet is made according to their designation. Being a SPM my goalsheet to high but am getting less salary campared with my junior colleague.

read more
  • Work satisfaction - Poor
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Pramerica Life Insurance Agent Salary FAQs

What is the salary of Agent at Pramerica Life Insurance ?
The average salary of a Agent at Pramerica Life Insurance in India typically ranges from ₹1.2 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Agent at Pramerica Life Insurance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Agent Salaries at Pramerica 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 5 Pramerica Life Insurance employees in India.
What is the estimated take home salary of a Agent at Pramerica Life Insurance in India?
The estimated take-home salary of a Agent at Pramerica Life Insurance in India typically ranges from ₹16,910 to ₹18,619 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from Fresher to 2 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 5 salaries received from various employees of Pramerica Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Pramerica Life Insurance for Agent in India?
Magma HDI General Insurance ₹3.4 Lakhs to ₹5.8 Lakhs per year
Shriram General Insurance ₹2.0 Lakhs to ₹6.0 Lakhs per year
Royal Sundaram General Insurance ₹3.1 Lakhs to ₹4.0 Lakhs per year
Allianz Partners ₹2.8 Lakhs to ₹3.7 Lakhs per year

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

Future Generali India Life Insurance ₹2.0 Lakhs to ₹2.8 Lakhs per year
Bharti AXA Life Insurance ₹1.5 Lakhs to ₹2.6 Lakhs per year
Cholamandalam MS General Insurance ₹2.0 Lakhs to ₹2.6 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 Agent at Pramerica Life Insurance in India?
The salary growth for a Agent at Pramerica Life Insurance depends on factors such as experience, performance, and promotions. On average, a Agent can expect the following growth trajectory at Pramerica Life Insurance:

Experience Average Salary Range
Fresher ₹1.2 Lakhs to ₹3.2 Lakhs per year
1 year ₹2.0 Lakhs to ₹3.0 Lakhs per year
2 years ₹1.1 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

Pramerica Life Insurance Agent salary in India ranges between ₹1.2 Lakh to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.