Pramerica Life Insurance Branch Head Salaries by 40+ Employees (Updated 2024)

8 - 18 years exp.

₹6 Lakhs - ₹12.8 Lakhs

Salary of majority employees

At par with the average Branch Head Salary in Insurance Companies for 8 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 9 - 18 years exp. (17 salaries)	₹6 L/yr - ₹12.7 L/yr
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Sales & Business Development Branch Head Salary 10 - 18 years exp. (17 salaries)	₹7.5 L/yr - ₹12.8 L/yr

Last Updated: 13 Sep 2024

Companies similar to Pramerica Life Insurance for Branch Head

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Branch Head Salary 5 - 16 years exp. (45 salaries)	₹6 L/yr - ₹15.5 L/yr 2% less
HDFC Life Branch Head Salary 6 - 17 years exp. (153 salaries)	₹5 L/yr - ₹12.5 L/yr 12% less
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SBI Life Insurance Company Branch Head Salary 10 - 20 years exp. (26 salaries)	₹6 L/yr - ₹15 L/yr 10% less
Max Life Insurance Branch Head Salary 8 - 20 years exp. (25 salaries)	₹9 L/yr - ₹14.5 L/yr 19% more
Bajaj Allianz Life Insurance Branch Head Salary 8 - 17 years exp. (30 salaries)	₹6 L/yr - ₹13 L/yr 17% less
Reliance Nippon Life Insurance Branch Head Salary 9 - 16 years exp. (28 salaries)	₹6 L/yr - ₹12 L/yr 19% less
Tata AIA Life Insurance Branch Head Salary 9 - 21 years exp. (29 salaries)	₹8.3 L/yr - ₹16.1 L/yr 17% more
Kotak Mahindara Life Insurance Branch Head Salary 5 - 20 years exp. (12 salaries)	₹8 L/yr - ₹12 L/yr 3% more
Aditya Birla Sun Life Insurance Branch Head Salary 12 - 18 years exp. (36 salaries)	₹8.6 L/yr - ₹17 L/yr 15% more
PNB MetLife Branch Head Salary 17 - 21 years exp. (4 salaries)	₹9.5 L/yr - ₹12.5 L/yr 9% more
Edelweiss Tokio Life Insurance Branch Head Salary 13 - 22 years exp. (52 salaries)	₹7 L/yr - ₹17.5 L/yr 5% more
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Ageas Federal Life Insurance Branch Head Salary 10 - 20 years exp. (40 salaries)	₹7 L/yr - ₹15 L/yr 1% less	1 job opening
Bharti AXA Life Insurance Branch Head Salary 10 - 23 years exp. (22 salaries)	₹6.5 L/yr - ₹13.5 L/yr 12% less
Aviva Life Insurance India Branch Head Salary 8 - 20 years exp. (21 salaries)	₹8.3 L/yr - ₹18 L/yr 25% more
Aditya Birla Health Insurance Co Branch Head Salary 7 - 16 years exp. (23 salaries)	₹6.7 L/yr - ₹13 L/yr 11% less
Future Generali India Life Insurance Branch Head Salary 10 - 19 years exp. (21 salaries)	₹8.6 L/yr - ₹19.8 L/yr 23% more
Royal Sundaram General Insurance Branch Head Salary 12 - 16 years exp. (8 salaries)	₹7 L/yr - ₹12 L/yr 3% less
Paramount Health Services Tpa Branch Head Salary 4 - 10 years exp. (4 salaries)	₹2 L/yr - ₹5.5 L/yr 67% less
ManipalCigna Health Insurance Branch Head Salary 9 - 18 years exp. (4 salaries)	₹5.3 L/yr - ₹7.4 L/yr 35% less
Shriram General Insurance Branch Head Salary 7 - 16 years exp. (4 salaries)	₹5.1 L/yr - ₹6.1 L/yr 42% less

Branch Head salary at Pramerica Life Insurance ranges between ₹6 Lakhs to ₹12.8 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 40 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Branch Head salaries

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹18.5 L/yr
9 years (3 salaries)	₹8.2 L/yr - ₹11 L/yr
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10 years (5 salaries)	₹6 L/yr - ₹11.5 L/yr
11 years (4 salaries)	₹8.5 L/yr - ₹10.9 L/yr
12 years (3 salaries)	₹8 L/yr - ₹11.5 L/yr
13 years (3 salaries)	₹8.5 L/yr - ₹12.7 L/yr
14 years (5 salaries)	₹7.1 L/yr - ₹12.6 L/yr
15+ years (16 salaries)	₹7.5 L/yr - ₹12.8 L/yr

View all

Similar Designation salaries in Pramerica Life Insurance

Area Head Salary

(4 salaries)

₹17.45 L/yr - ₹18.4 L/yr

Branch Manager Salary

(25 salaries)

₹6.5 L/yr - ₹11 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Cluster Head Salary

(3 salaries)

₹6.3 L/yr - ₹11.7 L/yr

Accountant Salary

(4 salaries)

₹1 L/yr - ₹4.5 L/yr

Area Manager Salary

(4 salaries)

₹9 L/yr - ₹13.1 L/yr

Sales Manager Salary

(190 salaries)

₹2 L/yr - ₹5 L/yr

Sales Officer Salary

(3 salaries)

₹1.98 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(52 salaries)

₹4.8 L/yr - ₹14.72 L/yr

Chief Manager Salary

(11 salaries)

₹19.9 L/yr - ₹28.5 L/yr

Top skills at Pramerica Life Insurance for Branch Head

Heading Branch financial sales Life Insurance Branch Sales Selling Skills Insurance Sales Agency Sales People Management New Business Operations Area Management Agency Channel Branch Management Sales Agent Recruitment

Salary related reviews for Pramerica Life Insurance

4.2

Rated by 11 employees for salary & benefits

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

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.

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.

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

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 .

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.

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Pramerica Life Insurance Branch Head Salary FAQs

What is the salary of Branch Head at Pramerica Life Insurance?

Branch Head salary at Pramerica Life Insurance in India ranges between ₹6.0 Lakhs to ₹12.8 Lakhs for experience between 8 years to 18 years. According to our estimates it is 1% less than the average Branch Head Salary in India. Salary estimates are based on 40 latest salaries received from various employees of Pramerica Life Insurance India.

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

The average salary of a Branch Head at Pramerica Life Insurance is 1% less than the average salary of a Branch Head in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Head at Pramerica Life Insurance?

Heading Branch, financial sales, Life Insurance, Branch Sales and Selling Skills are some of the popular skills required to work as a Branch Head at Pramerica Life Insurance India.

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

Aviva Life Insurance India Branch Head Salary - ₹8.3 Lakhs to ₹18.0 Lakhs per year
Future Generali India Life Insurance Branch Head Salary - ₹8.6 Lakhs to ₹19.8 Lakhs per year
Max Life Insurance Branch Head Salary - ₹9.0 Lakhs to ₹14.5 Lakhs per year
Tata AIA Life Insurance Branch Head Salary - ₹8.3 Lakhs to ₹16.1 Lakhs per year
Aditya Birla Sun Life Insurance Branch Head Salary - ₹8.6 Lakhs to ₹17.0 Lakhs per year

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

PNB MetLife Branch Head Salary - ₹9.5 Lakhs to ₹12.5 Lakhs per year
Edelweiss Tokio Life Insurance Branch Head Salary - ₹7.0 Lakhs to ₹17.5 Lakhs per year
Kotak Mahindara Life Insurance Branch Head Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Ageas Federal Life Insurance Branch Head Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
ICICI Prudential Life Insurance Branch Head Salary - ₹6.0 Lakhs to ₹15.5 Lakhs per year

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

The estimated take-home salary of a Branch Head at Pramerica Life Insurance ranges between ₹75,283 per month to ₹77,232 per month in India. The take-home salary calculation is based on the average Pramerica Life Insurance Branch Head salary in India which ranges between ₹6.0 Lakhs to ₹12.8 Lakhs per year for employees with experience between 8 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Pramerica Life Insurance Branch Heads reported a notice period of 2 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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Pramerica Life Insurance Branch Head Salaries

Pramerica Life Insurance Branch Head salary in India ranges between ₹6 Lakhs to ₹12.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.

Pramerica Life Insurance Branch Head salaries in India

Companies similar to Pramerica Life Insurance for Branch Head

Latest annual salaries shared by Pramerica Life Insurance Branch Head

Experience wise Pramerica Life Insurance Branch Head salaries

Similar Designation salaries in Pramerica Life Insurance

Top skills at Pramerica Life Insurance for Branch Head

Salary related reviews for Pramerica Life Insurance

Senior Sales Manager in Bilaspur

Senior Sales Manager in Kolkata

Sales Manager

Relationship Manager in Ambala

Associate Sales Manager in Visakhapatnam

Pramerica Life Insurance Branch Head Salary FAQs

Tell us how to improve this page.

Pramerica Life Insurance Branch Head Salaries by Location