Pramerica Life Insurance Assistant Branch Manager Salaries by 4 Employees (Updated 2025)

5 - 18 years exp.

₹3.8 Lakhs - ₹6.5 Lakhs

Salary of majority employees

6% more than the average Assistant Branch Manager Salary in Insurance Companies for 5 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Branch Manager Salary 5 - 18 years exp. (3 salaries)	₹3.8 L/yr - ₹6.5 L/yr
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Sales & Business Development Assistant Branch Manager Salary 12 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 27 Jan 2024

Companies similar to Pramerica Life Insurance for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Assistant Branch Manager Salary 1 - 11 years exp. (7 salaries)	₹2.6 L/yr - ₹5 L/yr 32% less
HDFC Life Assistant Branch Manager Salary 3 - 12 years exp. (28 salaries)	₹3.8 L/yr - ₹7.5 L/yr 6% more
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SBI Life Insurance Company Assistant Branch Manager Salary 2 - 9 years exp. (9 salaries)	₹2.4 L/yr - ₹12 L/yr 32% more
Max Life Insurance Assistant Branch Manager Salary 2 - 15 years exp. (12 salaries)	₹5 L/yr - ₹8 L/yr 26% more
Bajaj Allianz Life Insurance Assistant Branch Manager Salary 1 - 10 years exp. (13 salaries)	₹5 L/yr - ₹8.5 L/yr 14% more
Reliance Nippon Life Insurance Assistant Branch Manager Salary 5 - 18 years exp. (289 salaries)	₹4 L/yr - ₹7.5 L/yr 13% more
Tata AIA Life Insurance Assistant Branch Manager Salary 5 - 14 years exp. (29 salaries)	₹5 L/yr - ₹9.8 L/yr 35% more
Kotak Mahindara Life Insurance Assistant Branch Manager Salary 6 - 15 years exp. (61 salaries)	₹3.8 L/yr - ₹8.5 L/yr 21% more
Aditya Birla Sun Life Insurance Assistant Branch Manager Salary 11 - 15 years exp. (3 salaries)	₹5.8 L/yr - ₹7 L/yr 9% more
PNB MetLife Assistant Branch Manager Salary 7 - 14 years exp. (4 salaries)	₹6.1 L/yr - ₹9 L/yr 14% more
Future Generali India Life Insurance Assistant Branch Manager Salary 3 - 15 years exp. (234 salaries)	₹3.8 L/yr - ₹6.6 L/yr 3% less	5 job openings
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Cholamandalam MS General Insurance Assistant Branch Manager Salary 1 - 5 years exp. (69 salaries)	₹2.6 L/yr - ₹4.6 L/yr 32% less
Shriram General Insurance Assistant Branch Manager Salary 1 - 9 years exp. (26 salaries)	₹2.8 L/yr - ₹5 L/yr 29% less
Aditya Birla Health Insurance Co Assistant Branch Manager Salary 3 - 14 years exp. (19 salaries)	₹4.5 L/yr - ₹10.5 L/yr 32% more
Aviva Life Insurance India Assistant Branch Manager Salary 8 - 12 years exp. (12 salaries)	₹5 L/yr - ₹7.3 L/yr 25% more
Bharti AXA Life Insurance Assistant Branch Manager Salary 4 - 21 years exp. (8 salaries)	₹4.3 L/yr - ₹10.3 L/yr 24% more
Edelweiss Life Insurance Assistant Branch Manager Salary 0 - 12 years exp. (6 salaries)	₹3 L/yr - ₹7.4 L/yr 5% less
Ageas Federal Life Insurance Assistant Branch Manager Salary 6 - 8 years exp. (3 salaries)	₹4.2 L/yr - ₹6 L/yr 1% more

Assistant Branch Manager salary at Pramerica Life Insurance ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Assistant Branch Manager salaries

Last Updated: 27 Jan 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
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12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
15+ years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

Similar Designation salaries in Pramerica Life Insurance

Assistant Sales Manager Salary

(7 salaries)

₹2.25 L/yr - ₹3.6 L/yr

Senior Branch Manager Salary

(7 salaries)

₹11 L/yr - ₹14 L/yr

Branch Manager Salary

(22 salaries)

₹5.05 L/yr - ₹11 L/yr

Area Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹4.2 L/yr

Senior Sales Manager Salary

(115 salaries)

₹3 L/yr - ₹5 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Cluster Manager Salary

(5 salaries)

₹5.8 L/yr - ₹8.2 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Area Manager Salary

(4 salaries)

₹9 L/yr - ₹13.1 L/yr

Salary related reviews for Pramerica Life Insurance

Senior Sales Manager in Bilaspur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Apr 2024

1.0

for Salary and Benefits

Likes

Dislike every parameter , seniors are uneducated also.

Dislikes

Very poor service to employee, no senior is responsible for salary ,incentive, and for local convenience, even training is also paid by employees, such an unorganized work

Salary - Bad

+6 more

Senior Sales Manager in Kolkata

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.

Salary - Poor

+3 more

Sales Manager

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.

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

Job security - Poor

Relationship Manager in Ambala

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 .

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.

Job security - Poor

+1 more

Associate Sales Manager in Visakhapatnam

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.

Salary - Bad

+6 more

see more salary related reviews

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Pramerica Life Insurance Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Pramerica Life Insurance?

Assistant Branch Manager salary at Pramerica Life Insurance in India ranges between ₹3.8 Lakhs to ₹6.5 Lakhs for experience between 5 years to 18 years. According to our estimates it is 6% more than the average Assistant Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Pramerica Life Insurance India.

How does the salary of a Assistant Branch Manager at Pramerica Life Insurance India compare with the average salary range for this job?

The average salary of a Assistant Branch Manager at Pramerica Life Insurance is 6% more than the average salary of a Assistant Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Pramerica Life Insurance to a Assistant Branch Manager in India?

Tata AIA Life Insurance Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹9.8 Lakhs per year
Aditya Birla Health Insurance Co Assistant Branch Manager Salary - ₹4.5 Lakhs to ₹10.5 Lakhs per year
SBI Life Insurance Company Assistant Branch Manager Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year
Max Life Insurance Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Aviva Life Insurance India Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹7.3 Lakhs per year

What is the salary of a Assistant Branch Manager in companies similar to Pramerica Life Insurance in India?

Bharti AXA Life Insurance Assistant Branch Manager Salary - ₹4.3 Lakhs to ₹10.3 Lakhs per year
Kotak Mahindara Life Insurance Assistant Branch Manager Salary - ₹3.8 Lakhs to ₹8.5 Lakhs per year
PNB MetLife Assistant Branch Manager Salary - ₹6.1 Lakhs to ₹9.0 Lakhs per year
Bajaj Allianz Life Insurance Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year
Reliance Nippon Life Insurance Assistant Branch Manager Salary - ₹4.0 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Assistant Branch Manager at Pramerica Life Insurance in India?

The estimated take-home salary of a Assistant Branch Manager at Pramerica Life Insurance ranges between ₹40,275 per month to ₹41,436 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Assistant Branch Manager salary in India which ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Assistant Branch Manager at Pramerica Life Insurance?

According to AmbitionBox, 50% of the Pramerica Life Insurance Assistant Branch Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Pramerica Life Insurance Assistant Branch Manager Salaries

Pramerica Life Insurance Assistant Branch Manager salary in India ranges between ₹3.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.