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Pramerica Life Insurance Area Sales Manager salaries in India

Annual salary range
2 - 7 years exp.
₹2.5 Lakhs - ₹4.2 Lakhs
Salary of majority employees
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70% less than the average Area Sales Manager Salary in Insurance Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Sales Manager Salary
3 - 7 years exp. (4 salaries)
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₹2.5 L/yr - ₹4.2 L/yr

Marketing & Communication
Area Sales Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4 L/yr

Last Updated: 10 Dec 2024

Companies similar to Pramerica Life Insurance for Area Sales Manager

Company name Avg Annual Salary Open Jobs
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₹4.7 L/yr - ₹15.7 L/yr

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HDFC Life Area Sales Manager Salary

2 - 10 years exp. (42 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 43% more
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₹3.8 L/yr - ₹13.5 L/yr

arrow icon 198% more
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Max Life Insurance Area Sales Manager Salary

3 - 12 years exp. (61 salaries)

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₹2.8 L/yr - ₹9.7 L/yr

arrow icon 77% more
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₹3.5 L/yr - ₹13.6 L/yr

arrow icon 153% more
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₹1.8 L/yr - ₹5 L/yr

arrow icon 6% more
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₹5.2 L/yr - ₹16.8 L/yr

arrow icon 316% more
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₹3.5 L/yr - ₹8.4 L/yr

arrow icon 137% more
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₹4 L/yr - ₹15.5 L/yr

arrow icon 201% more
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PNB MetLife Area Sales Manager Salary

1 - 10 years exp. (25 salaries)

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₹1.9 L/yr - ₹9.5 L/yr

arrow icon 81% more
1 job opening
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₹6.2 L/yr - ₹16 L/yr

arrow icon 252% more
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₹5.5 L/yr - ₹14 L/yr

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₹5.1 L/yr - ₹13.6 L/yr

arrow icon 164% more
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₹3 L/yr - ₹13 L/yr

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₹7.5 L/yr - ₹11.2 L/yr

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₹5.2 L/yr - ₹10 L/yr

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₹2.9 L/yr - ₹12 L/yr

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₹9 L/yr - ₹13.5 L/yr

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₹6.8 L/yr - ₹17.4 L/yr

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Digit Insurance Area Sales Manager Salary

6 - 11 years exp. (4 salaries)

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₹7.5 L/yr - ₹13 L/yr

arrow icon 273% more
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Area Sales Manager salary at Pramerica Life Insurance ranges between ₹2.5 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Pramerica Life Insurance.

Latest annual salaries shared by Pramerica Life Insurance Area Sales Manager

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Experience wise Pramerica Life Insurance Area Sales Manager salaries

Last Updated: 10 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
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Similar Designation salaries in Pramerica Life Insurance

Sales Manager Salary
(152 salaries)
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₹2 L/yr - ₹4.7 L/yr
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₹3 L/yr - ₹5 L/yr
Area Manager Salary
(4 salaries)
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₹9 L/yr - ₹13.1 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr
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₹2.25 L/yr - ₹3.6 L/yr
Senior Area Sales Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
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₹3 L/yr - ₹18 L/yr
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₹4.2 L/yr - ₹13.5 L/yr
Branch Manager Salary
(21 salaries)
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₹6.5 L/yr - ₹11 L/yr
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₹5.8 L/yr - ₹8.2 L/yr

Salary related reviews for Pramerica Life Insurance

4.7

Rated by 2 employees for salary & benefits

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

BFSI, Investments & Trading Department

3.0
  •  posted on 01 Jan 2019

5.0
 for  Salary and Benefits

Likes

Salary and other perks are disbursed as per schedule and on time. As far as work life balance is concerned , 4 out of 5 on a rating scale.

read more
  • Salary - Excellent
  • +1 more

Dislikes

Learning and development is a concern area at Dhfl . On innovation front company is far behind in comparison to its peers . 2nd major concern is u cant consider ur job at dhfl secure. Even middle management is worried when u talk of job security at dhfl

read more
  • Job security - Poor

Education /school empanalment , team development ,And policy sale Department

2.0
  •  posted on 06 Sep 2017

5.0
 for  Salary and Benefits

Likes

I had a great experiance before joining when i worked as a commision agent only and just working for 24 percent commision even though i didn't have any license . Iwas just a commission agent .

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  • Salary - Excellent
  • +4 more

Dislikes

...nise an activity there they denided to finance it .but i did on my own account . And there was 2 month and 17 day that i haven't recived my salary . So i regined . As i was left with no money to stay in ambala.

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  • Job security - Poor
  • +1 more

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.

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  • Salary - Bad
  • +6 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

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Pramerica Life Insurance Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Pramerica Life Insurance ?
The average salary of a Area Sales Manager at Pramerica Life Insurance in India typically ranges from ₹2.5 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Area Sales Manager at Pramerica Life Insurance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Area Sales Manager 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 6 Pramerica Life Insurance employees in India.
What is the estimated take home salary of a Area Sales Manager at Pramerica Life Insurance in India?
The estimated take-home salary of a Area Sales Manager at Pramerica Life Insurance in India typically ranges from ₹21,382 to ₹23,025 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 years to 7 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 6 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 Area Sales Manager in India?
Tata AIA Life Insurance ₹5.2 Lakhs to ₹16.8 Lakhs per year
Digit Insurance ₹7.5 Lakhs to ₹13.0 Lakhs per year
Ageas Federal Life Insurance ₹6.8 Lakhs to ₹17.4 Lakhs per year
Aditya Birla Health Insurance Co ₹6.2 Lakhs to ₹16.0 Lakhs per year
Edelweiss Life Insurance ₹9.0 Lakhs to ₹13.5 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 Area Sales Manager in companies similar to Pramerica Life Insurance in India?
The salary of a Area Sales Manager at companies similar to Pramerica Life Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance ₹4.7 Lakhs to ₹15.7 Lakhs per year
Royal Sundaram General Insurance ₹5.5 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹4.0 Lakhs to ₹15.5 Lakhs per year
SBI Life Insurance Company ₹3.8 Lakhs to ₹13.5 Lakhs per year
IndiaFirst Life Insurance ₹6.0 Lakhs to ₹9.5 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 Area Sales Manager at Pramerica Life Insurance in India?
The salary growth for a Area Sales Manager at Pramerica Life Insurance depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager can expect the following growth trajectory at Pramerica Life Insurance:

Experience Average Salary Range
2 years ₹2.5 Lakhs to ₹5.8 Lakhs per year
3 years ₹2.5 Lakhs to ₹4.0 Lakhs per year
4 years ₹2.5 Lakhs to ₹4.2 Lakhs per year
5 years ₹2.6 Lakhs to ₹3.4 Lakhs per year
and so on.

Tell us how to improve this page.

Pramerica Life Insurance Area Sales Manager salary in India ranges between ₹2.5 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.