Pramerica Life Insurance New Delhi Branch Manager Salaries by 3 Employees (Updated 2024)

12 - 17 years exp.

₹9 Lakhs - ₹10.3 Lakhs

Low Confidence

Salary of majority employees

9% less than the average Branch Manager Salary in Insurance Companies for 12 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 17 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹9.5 L/yr
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Marketing & Communication Branch Manager Salary 12 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹10.3 L/yr

Last Updated: 6 Aug 2023

Companies similar to Pramerica Life Insurance for Branch Manager in New Delhi

Pramerica Life Insurance Branch Manager Salary

12 - 17 years exp. (3 salaries)

₹9 L/yr - ₹10.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Salary 6 - 23 years exp. (155 salaries)	₹7.5 L/yr - ₹25 L/yr 61% more	4 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (221 salaries)	₹6.5 L/yr - ₹25.5 L/yr 61% more
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Axis Bank Branch Manager Salary 9 - 22 years exp. (49 salaries)	₹9.1 L/yr - ₹29 L/yr 80% more	2 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (123 salaries)	₹8 L/yr - ₹25 L/yr 74% more	2 job openings
Yes Bank Branch Manager Salary 7 - 19 years exp. (98 salaries)	₹7 L/yr - ₹27 L/yr 58% more	9 job openings
IndusInd Bank Branch Manager Salary 6 - 20 years exp. (93 salaries)	₹8 L/yr - ₹25.8 L/yr 90% more	11 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (101 salaries)	₹7.2 L/yr - ₹28 L/yr 68% more	2 job openings
RBL Bank Branch Manager Salary 11 - 20 years exp. (44 salaries)	₹9 L/yr - ₹26 L/yr 98% more	6 job openings
Federal Bank Branch Manager Salary 8 - 10 years exp. (3 salaries)	₹13.8 L/yr - ₹15.8 L/yr 46% more
Bandhan Bank Branch Manager Salary 5 - 19 years exp. (48 salaries)	₹5.9 L/yr - ₹24.3 L/yr 42% more
HDFC Life Branch Manager Salary 8 - 17 years exp. (36 salaries)	₹6.2 L/yr - ₹11.5 L/yr 3% more
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ICICI Prudential Life Insurance Branch Manager Salary 7 - 18 years exp. (27 salaries)	₹6.3 L/yr - ₹16 L/yr 34% more
Kotak Mahindara Life Insurance Branch Manager Salary 5 - 18 years exp. (18 salaries)	₹7.5 L/yr - ₹11.5 L/yr 4% more
Reliance Nippon Life Insurance Branch Manager Salary 8 - 17 years exp. (16 salaries)	₹6 L/yr - ₹9.5 L/yr 22% less	2 job openings
Edelweiss Tokio Life Insurance Branch Manager Salary 7 - 15 years exp. (11 salaries)	₹6.5 L/yr - ₹9 L/yr 20% less
Max Life Insurance Branch Manager Salary 8 - 16 years exp. (9 salaries)	₹8.5 L/yr - ₹11 L/yr 1% more	3 job openings
Aditya Birla Health Insurance Co Branch Manager Salary 8 - 13 years exp. (7 salaries)	₹7 L/yr - ₹11.4 L/yr 6% less
PNB MetLife Branch Manager Salary 10 - 20 years exp. (7 salaries)	₹9 L/yr - ₹12.5 L/yr 14% more
Shriram General Insurance Branch Manager Salary 6 - 15 years exp. (7 salaries)	₹5 L/yr - ₹8.3 L/yr 33% less
Aviva Life Insurance India Branch Manager Salary 9 - 21 years exp. (6 salaries)	₹8 L/yr - ₹13.8 L/yr 14% more

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Branch Manager salary at Pramerica Life Insurance ranges between ₹9 Lakhs to ₹10.3 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of Pramerica Life Insurance.

Experience wise Pramerica Life Insurance Branch Manager salaries in New Delhi

Last Updated: 6 Aug 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.3 L/yr
13 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
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14 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.4 L/yr
15+ years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.7 L/yr

Similar Designation salaries in Pramerica Life Insurance

Deputy Manager Salary

(20 salaries)

₹5.5 L/yr - ₹18.87 L/yr

Sales Manager Salary

(11 salaries)

₹2.2 L/yr - ₹4.2 L/yr

Chief Manager Salary

(4 salaries)

₹22.5 L/yr - ₹28.5 L/yr

Branch Head Salary

(3 salaries)

₹8.8 L/yr - ₹12 L/yr

Operations Manager Salary

(3 salaries)

₹8.1 L/yr - ₹12 L/yr

Top skills at Pramerica Life Insurance for Branch Manager

Branch Management Agency Channel Life Insurance Agency Sales Insurance Sales agency development Agent Recruitment agency Heading Branch Business Strategy Distribution Business Development Sales Development Sales Tied Channel

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

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 Manager Salary FAQs

What is the notice period for Branch Manager at Pramerica Life Insurance in New Delhi?

According to AmbitionBox, 67% of the Pramerica Life Insurance Branch Managers in New Delhi reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Pramerica Life Insurance Branch Manager Salaries in New Delhi

Pramerica Life Insurance Branch Manager salary in New Delhi ranges between ₹9 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Pramerica Life Insurance latest salaries received from various employees of Pramerica Life Insurance.